Corvallis, OR

Corvallis Metro Area industry wages have increased by 11.7% percent since 2001

2007-03-19T00:44:00.000-07:00

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Industry wages, from 2001 to 2006, have increased in the Corvallis Metro Area by a total of 11.7%. This is less than the growth in industry wages for the State of Oregon and less than the growth in industry wages across the US.

About: These facts are part of the eCanned.com Industry Analysis Series.

Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW). Private Sector Employment Only.

Corvallis Metro Area Industry Wages Exceed Oregon, but Wages Lag Behind the United States Industry Wages

2007-02-27T21:46:00.000-08:00

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The overall industry wages in Corvallis, OR when analyzed can be described as relatively high when compared to other Metro Areas throughout the US in the 2nd quarter of 2006. The industry wages are 5.7 percent higher than the state, which accounted an average of $36,156. The overall industry wage was less than the national industry average of $40,259.

About: These facts are part of the eCanned.com Industry Analysis Series.

Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW). Private Sector Employment Only.

Corvallis Five-Year Industry Employment Change

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Total Five-Year Employment Growth in the Corvallis Metro Area

From the industries (4-digit NAICS) in the area, the Residential mental health facilities industry has grown the most with 356 employees finding new jobs in the industry. The employment growth in the Residential mental health facilities industry makes up 15.8 percent of the total employment growth in Corvallis.

Top 5 Industries
1. Residential mental health facilities (356 new jobs)
2. Limited-service eating places (312 new jobs)
3. Vegetable and melon farming (157 new jobs)
4. Community care facilities for the elderly (145 new jobs)
5. Grocery stores (136 new jobs)

Given the 100 industries with industry data reported by the BLS in each quarter, 43 described an expansion of jobs throughout the time period, while 56 industries reported a drop in employment.

Total Five-Year Employment Decline in the Corvallis Metro Area

Given the industries in the area, the Newspaper, book, and directory publishers industry witnessed the largest drop in employment, losing a total of 107 jobs during the time period. The jobs lost in the Newspaper, book, and directory publishers industry make up 11.6 percent of the employment lost during the period in Corvallis, OR.

Top 5 Industries
1. Newspaper, book, and directory publishers (107 jobs lost)
2. Wired telecommunications carriers (72 jobs lost)
3. Automotive repair and maintenance (62 jobs lost)
4. Support activities for forestry (57 jobs lost)
5. Gasoline stations (52 jobs lost)

In the Corvallis, OR metro area, the aggregate employment for all industry sectors has increased by 245 jobs from mid-2001 to mid-2006.

The Corvallis Metro Area: Five-Year Percentage Decline in Employment

The Newspaper, book, and directory publishers industry has lost the largest percent of jobs, losing 79.4 percent of the jobs from 2001 to 2006. These have declined faster than the industry has seen in the Oregon, where the industry felt a loss of 11.3 percent. The losses in the Newspaper, book, and directory publishers industry in Corvallis outpaced the US in terms of percent of decline of industry employment. The US lost 12.3 in percent of workers in the Newspaper, book, and directory publishers industry.

Top 5 Industries
1. Newspaper, book, and directory publishers (79.4 percent decline)
2. Other support services (59.1 percent decline)
3. Specialized design services (49.1 percent decline)
4. Wired telecommunications carriers (48.2 percent decline)
5. Lumber and const. supply merchant wholesalers (43.2 percent decline)

Total industry employment has increased by 0.9 percent since the 2nd Quarter figures of 2001. This change is less than percent in Oregon, experiencing a gain of 5.9 percent from the 2nd Quarter of 2001. The gains the area experienced were less than than the gain experienced overall in the US of 2.6 percent.

The Corvallis Metro Area: Five-Year Percentage Growth in Employment

The Residential mental health facilities industry has experienced the largest percentage growth, expanding by 161.2 percent from the 2001 (Q2) to the 2006 (Q2). This industry in Corvallis has increased employment faster than the overall industry growth seen in the State of Oregon, where it saw a gain of 5.4 percent. The Residential mental health facilities industry in Corvallis outpaced the national average, which felt a gained 11.1 percent in this industry.

Top 5 Industries
1. Residential mental health facilities (161.2 percent gain)
2. Other financial investment activities (127.3 percent gain)
3. Vegetable and melon farming (92.2 percent gain)
4. Electronic markets and agents and brokers (85.4 percent gain)
5. Traveler accommodation (81.3 percent gain)

Corvallis One-Year Industry Employment Change

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Total One-Year Employment Growth in the Corvallis Metro Area

Out of the 4-digit NAICS industries, the Services to buildings and dwellings industry has added the most employment with 185 jobs added during the time period. These new jobs in the Services to buildings and dwellings industry makes up 17.5 percent of the total employment growth in Corvallis.

Top 5 Industries
1. Services to buildings and dwellings (185 new jobs)
2. Community care facilities for the elderly (71 new jobs)
3. Architectural and engineering services (68 new jobs)
4. Employment services (52 new jobs)
5. Limited-service eating places (51 new jobs)

Of the 107 industries with industry data reported by the BLS in each quarter, 49 described an expansion of jobs throughout the time period, while 57 industry sectors accounting for employment declines during that time period.

In the Corvallis, OR metro area, the total number of workers for all sectors has decreased by 12 jobs between mid-2005 and mid-2006.

Total One-Year Employment Decline in the Corvallis Metro Area

From of the area's 4-digit NAICS industries, the Special food services industry faced the greatest employment loss with a total loss of 49 jobs. The declines in the Special food services industry make up 9.1 percent of the total employment decline in Corvallis, OR.

Top 5 Industries
1. Special food services (49 jobs lost)
2. Vegetable and melon farming (48 jobs lost)
3. Vocational rehabilitation services (29 jobs lost)
4. Consumer goods rental (28 jobs lost)
5. Offices of physicians (25 jobs lost)

The Corvallis Metro Area: One-Year Percentage Growth in Employment

The Services to buildings and dwellings industry has witnessed the largest percentage of employment expansion, increasing by 67.0 percent from the 2005 (Q2) to the 2006 (Q2). This industry in Corvallis has grow faster than the overall industry growth seen in the State of Oregon, where the industry felt a gain of 5.9 percent. The Services to buildings and dwellings industry in Corvallis outpaced the nation in terms of industry employment growth . During this period, the nation gained 3.1 percent.

Top 5 Industries
1. Services to buildings and dwellings (67.0 percent gain)
2. Unclassified (65.5 percent gain)
3. Specialty food stores (57.4 percent gain)
4. Furniture stores (39.0 percent gain)
5. Beer, wine, and liquor stores (36.6 percent gain)

The Corvallis Metro Area: One-Year Percentage Decline in Employment

The Commercial equip. merchant wholesalers industry has seen the largest percentage drop in employment, losing 50 percent from 2005 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry sector has gone through in the Oregon, where the it saw a gain of 1.7 percent. The losses in the Commercial equip. merchant wholesalers industry in Corvallis outpaced the United States in terms of percentage decline of industry employment. In this period, the United States gained 1.4 in percent of jobs in the Commercial equip. merchant wholesalers industry.

Top 5 Industries
1. Commercial equip. merchant wholesalers (50 percent decline)
2. Other heavy construction (44.6 percent decline)
3. Technical and trade schools (41.7 percent decline)
4. Utility system construction (32.7 percent decline)
5. Civic and social organizations (28.6 percent decline)

Total employment has decreased by 0 percent since the 2nd Quarter of 2005. This is greater than growth in Oregon, which saw a gain of 3.7 percent since 2005 ( 2nd Quarter). The losses in the area were greater than than the gain felt at the national level of 2 percent.

About: This report is part 1 of 6 in the eCanned.com Industry Analysis Series.

Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW). Private Sector Employment Only.

Income and Poverty in Corvallis, OR

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When compared to other Metro Areas throughout the United States, the Corvallis metro area had a medium-high median household income of $49,019 (2005 Dollars). This median is 2.3 percent higher than the median in Oregon of $47,872 and the median is 0.2 percent lower than the median in the US, which is $49,133.

The households that were headed by an American Indian and Alaska Native individual in Corvallis reported a median household income of $56,694, this was 15.7 percent greater than the median level for total households in the area. In Corvallis, OR White headed households reported a median household income (2005 Dollars) of $51,212 according to the Decennial Census of 2000, which was 4.5 percent greater than the median income in 2000. Black or African American householders reported a median household income that was 22.4 percent less than the overall median reported in 2000, with a reported median of $38,025. Hispanic households in Corvallis, OR , according to the 2000 census, had a median household income of $32,593, this median household income is 33.5 percent less than reported value of the areas total household median income for all households. The Asian headed households reported median household incomes of $20,562. This household income level is 58.1 percent less than the reported median household income for all households in the area.

As the median income level saw a decline during the period of 2000 to 2005 in the Corvallis, OR metro area, the Race/Ethnicity group that experienced the largest decline in median household income was the Asian category. This group felt a decline of 36.8 percent since the year 2000. The American Indian and Alaska Native Race/Ethnicity category has been least effected by the income level decline in Corvallis, seeing a 40.7 percent increase in median household income from 2000 to 2005.

Evaluated with other MSAs across the nation, the Corvallis metro area can be considered to have a medium-high poverty rate amid the residents with a poverty rate of 14.6 percent with a family income under the 1999 poverty level. The Asian race/ethnicity population category, holds the highest rate of poverty with 38.4 percent of the population in 2000 living in poverty. Individuals aged 18 to 64 years have the largest percent of population in poverty in Corvallis, reporting 17.1 percent of this demographic group living with incomes under poverty.

The median household income has declined from the inflation-adjusted 2000 income levels. The income level has decreased to $44,231, representing a 9.8 percent decline. The Corvallis, OR MSA, when analyzing percentage of decline, ranks 2 of 4 metro area in percent of decline for median household income in the State of Oregon. Corvallis ranks 83 of 233 metro area when comparing the decline in median income in the US.

The poverty rate in the Corvallis, OR Metro has increased by 2.0 percent since the 2000 rates, moving from 14.6 percent to 16.6 percent.

Datasource: U.S. Bureau of the Census. 2000 Decennial Census. 2005 American Community Survey.

Higher Education in the Corvallis, OR Metro Area

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From the years 2000 to 2005, the proportion of the male population that could be considered highly educated has decreased by 5.4 percent. As reported in 2005, 46.6 percent of area's male population, over the age 25, achieved a Bachelors Degree or Higher. At the same time, the percent of women, over the age 25, holding at least a Bachelors Degree has increased by a total of 1.2 percent. By the year 2005, a total of 44.4 percent of the female population had achieved this level of education.

The American Community Survey reported that in the Corvallis, OR Metro Area, the largest educational attainment category for men is the Bachelors Degree or Higher category, with 46.6 percent achieving this level. The female population in the Corvallis metro area have on average achieved a lower level of higher education (Bachelors or Higher) than men -- 46.6 percent (Men) versus 44.4 percent (Women). Many of the women in the area achieving a Bachelors Degree or Higher category, with 44.4 percent of the women population in the area achieving this level of education.

In the Corvallis, OR Metro Area as reported in the American Community Survey of the year 2005, 45.8 percent of the White Alone, . percent of Black or African American, . percent of the Asian alone and . percent of the Hispanic or Latino population, over the age 25, has achieved a Bachelors Degree or Higher.

From the year 2000, the Corvallis metro area has decreased in the population percent with a Bachelors of Higher. This population percent has declined by 2.0 percent to a total of 45.4 percent in 2005, as reported by the American Community Survey. The proportion of the 2005 population having received at least a BA is greater than the 2005 State of Oregon percent of 27.8 and greater than the average US percent of 27.2.

Corvallis, OR Metro Area is made up of a very highly-educated population of the working age, with 45.4 percent of the population (+25) having received a BA or higher, as reported in American Community Survey of 2005. The Corvallis MSA is reported having a higher percent of highly educated individuals than the State of Oregon's proportion of 27.8 percent and a higher percent than the national average of 27.2 percent.

Datasource: U.S. Bureau of the Census. 2000 Decennial Census. 2005 American Community Survey.

Demographic Profile for Corvallis, OR

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When measuring the total land area, the Corvallis metro area spans a total area of 676 square miles. The MSA has a medium-low density of 116 persons per square mile. Other metro areas with similar densities in the US include: -- more densely populated -- Decatur (116 per sq. mile ), Iowa City (117 per sq. mile ), Parkersburg-Marietta (119 per sq. mile ), -- less densely populated -- Monroe (115 per sq. mile ), Terre Haute (115 per sq. mile ), Utica-Rome (114 per sq. mile ).

From 2000, a very high number of individuals migrated into the Corvallis metro area, with 1,973 people migrating in internationally. The migration from outside the US into Corvallis accounts for 2.7 percent of immigration into the State of Oregon. This percent of international migration is very high when analyzed against immigration per population in 2005.

The Corvallis metropolitan statistical area (MSA) has a population base that is comprised of 85.2 percent White, 1.1 percent African American, 5.1 percent Asian, and 5.5 percent Hispanic. The area population base can be described as having a modest level of racial and ethnic diversity, with 11.7 percent of minorities in the 2005 population base. This is less than the State of Oregon percent of 14.9. Since 2000, Corvallis has increased in diversity when 10.3 percent of the people were minorities.

The Corvallis metro area had a total estimated population of 78,640 for the year 2005. The total population has increased, since the population in 2000 of 78,121. This growth shows an increase of 0.7 percent. Corvallis ranks 6 of 6 MSAs when calculating total change in population for Oregon and the metro area ranks 305 of 361 metro areas by growth in MSA population in the United States.

The U.S. Census Bureau, in the year 2005, estimated the median age in the Corvallis metro area to be 35.3 years old. The median in Corvallis is less than the median age in Oregon of 37.0. Since 2000, the area has experienced an increase in the median age, at that time the median was 31.1 years of age. With a total of 122.9 percent of the 2005 population being made up of children and youth younger than 18, Corvallis can be understood as being made up of a medium-high proportion of youths. The 18 to 64 years old population group has a medium-low representation within the estimated 2005 area population, making up 61.8 percent of the population falling in this age category. The retirement (65 and over) group makes up 12.4 percent of the total population in the area. Compared to other metro areas in the US, this represents a medium-low proportion of the area population base.

Datasource: Population Estimates Program, U.S. Bureau of the Census.

Housing Report for Corvallis

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The residential real estate values in Corvallis, Oregon have seen large increases from the real estate values reported in 2000. The valuations have increased by $42,700, or 25.1 percent, since 2000 when their medians were reported to be $169,800.

Throughout the State of Oregon, Corvallis places 4 of the 6 metro areas by percent in growth of new residential structures. The metropolitan area places 154 of 361, compared to percent change of residential structures in other metropolitan areas throughout the United States.

There is a limited amount of housing that is affordable in Corvallis, Oregon. In 2005, only 11.6 percent of housing was valued under $125k.

Corvallis has a medium percentage of high-priced residential real estate. For the year 2005, the American Community Survey accounted that 3.8 percent of the houses were valued over a half a million dollars.

In Corvallis, the census reported 34,361 homes in the year 2005. This MSA has gone through a medium-high growth level in the number housing units, adding all together 2,024 homes since 2001, or 6.3 percent.

Corvallis recorded median owner-occupied home value in the year 2005 of $212,500, published by the American Community Survey. This median is greater than the overall State of Oregon 2005 median owner-occupied dwelling value of $201,200 and greater than home value of $167,500 for the United States in the same year.

Data Source: U.S. Census Bureau

Employment Report for Corvallis, Oregon -- Annual 2005 Industry Summary

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Management of companies and enterprises has had the highest level of job growth from 2001-2005 in Corvallis, moving a total of 307.1 percent. This is greater than the national employment change in the industry of 1.6 percent. The State of Oregon encountered a change in industry employment of 4.1 percent, during the time since 2001.

The Corvallis Metropolitain Area is ranked number 354 of 363 throughout the US according to the relatively size of the employment base in the year 2005. This ranking has slipped behind between the years 2001 and 2005. In 2001, the Metropolitan Area was ranked 351 of 363 Counties.

Manufacturing between the years 2001 and 2005, saw the greatest loss in employment in the Corvallis MSA. The sector faced a loss of 1,037 employees during the period, or 16.1 percent of industry's employment. The industry declines made up 47.9 percent of the total jobs loss in the Metro Area.

In Corvallis, Manufacturing, Health care and social assistance, and the Retail Trade sectors, in terms of total employment, are the largest. Manufacturing provides the most jobs and contributes 20.6 percent of all jobs throughout the region, totaling 5,406 people employed. The Health care and social assistance and Retail Trade sectors account for 18 and 11.4 percent of industry employment.

A top paying industry in Corvallis is the manufacturing sector paying an annual wage of $64,330. Throughout the MSA since the year 2001, the annual average pay of the industry has grown by 9.8 percent or $5,733. The State of Oregon reflects a different job market in the manufacturing sector, placing in the middle of sectors according to average 2004 industry pay.

In Corvallis, Manufacturing, Health care and social assistance and Other services, except public administration industries have the highest United States location quotient (LQ). The Manufacturing industry has an LQ of 1.61. The level of employment in the Manufacturing industry is 1.61 times more than the average percent in the United States, revealing signs that Corvallis specializes in Manufacturing.

Manufacturing is the industry with the largest establishments in Corvallis MSA. In the region, the industry averages 54 employees per business. This is greater than the US industry average of 39 and greater than the Oregon establishments size average of 34 for the Manufacturing industry.

Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).