In Centre County, jobs in the insurance carriers pay the highest wages

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Employment in the insurance carriers industry wages were the highest in Centre County for 2006. The average industry job in Centre County earned an annual wage of $73,265 in 2nd quarter of 2006. The wage rate is greater than the industry pay the State of Pennsylvania of $58,170 and greater than then the wage for jobs in this industry at the United States Level of $63,385.

Top-pay jobs in Centre County, Pennsylvania may be found in computer systems design and related services ($70,649), offices of physicians ($68,237), other financial investment activities ($68,231) and software publishers ($66,253) industries. Note: For Detail Comparison, Click the Above Graph

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.

Centre County Wages have increased by 17.9% Since 2001

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From 2001 to 2006, average industry wages increased in Centre County, Pennsylvania by a total of 17.9%. This is greater than the growth in average industry wages for Pennsylvania and greater than the growth in average wages for 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.

Centre County Industry Wages Lag Behind Pennsylvania, and Wages Lag Behind the United States

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Total wages in all industries in Centre County, Pennsylvania when analyzed can be described as medium-low when analyzed with other Counties in the state. The overall wages are 24.1 percent lower than the state, which accounted an average of $39,178. The average 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.

Centre County Five-Year Industry Employment Change

Centre County Five-Year Percentage Growth in Employment

The Activities related to credit intermediation industry has seen the largest percentage job growth, expanding by 712.2 percent from the 2001 (Q2) to the 2006 (Q2). This industry in Centre County has grow faster than the industry has grown in the State of Pennsylvania, where it saw a gain of 61.8 percent. The Activities related to credit intermediation industry in Centre County outpaced the nation in terms of industry employment growth . During this period, the nation gained 49.5 percent.

Top 5 Industries
1. Activities related to credit intermediation (712.2 percent gain)
2. Community care facilities for the elderly (404.3 percent gain)
3. Other general merchandise stores (373.3 percent gain)
4. Machine shops and threaded product mfg. (281.3 percent gain)
5. Individual and family services (280.5 percent gain)

Centre County Five-Year Percentage Decline in Employment

The Unclassified industry has seen the largest percentage drop in employment, losing 83.3 percent of the jobs from 2001 to 2006. These have declined slower than the industry sector has felt in the State of Pennsylvania, where the industry reported a loss of 88.9 percent. The losses in the Unclassified industry in Centre County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States gained 1.7 in percent of workers in the Unclassified industry.

Top 5 Industries
1. Unclassified (83.3 percent decline)
2. Semiconductor and electronic component mfg. (68.1 percent decline)
3. Nursing care facilities (65.2 percent decline)
4. General freight trucking (59.9 percent decline)
5. Private households (58.5 percent decline)

Total industry employment has increased by 1.7 percent since the 2nd Quarter of 2001. This is greater than growth in Pennsylvania, which went through a gain of 0.5 percent since 2001 ( 2nd Quarter). The gains in the area were less than than the gain felt at the national level of 2.6 percent.

In Centre County, Pennsylvania, the total number of jobs throughout all industries has increased by 733 jobs from mid-2001 to mid-2006.

Total Five-Year Employment Growth in Centre County

The Other general merchandise stores industry has added the most employment with 770 jobs added during the time period. These new jobs in the Other general merchandise stores industry makes up 11.9 percent of the total employment growth in Centre County.

Top 5 Industries
1. Other general merchandise stores (770 new jobs)
2. Full-service restaurants (755 new jobs)
3. Community care facilities for the elderly (601 new jobs)
4. Individual and family services (565 new jobs)
5. Management of companies and enterprises (343 new jobs)

Total Five-Year Employment Decline in Centre County

The Semiconductor and electronic component mfg. industry faced the greatest employment loss with a total loss of 810 jobs in that time period. The declines in the Semiconductor and electronic component mfg. industry make up 17.9 percent of the employment lost during the period in Centre County, Pennsylvania.

Top 5 Industries
1. Semiconductor and electronic component mfg. (810 jobs lost)
2. Department stores (551 jobs lost)
3. Nursing care facilities (495 jobs lost)
4. Traveler accommodation (367 jobs lost)
5. General freight trucking (348 jobs lost)

Of the 110 industries with industry data reported by the BLS in each quarter, 45 described an expansion of jobs throughout the time period, while 65 industries reported employment loss in the period.





About: This report is part 2 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.

Centre County One-Year Industry Employment Change

Centre County One-Year Percentage Growth in Employment

The Activities related to credit intermediation industry has experienced the largest percentage growth, expanding by 341.9 percent from 2005 to 2006. This industry in Centre County has added employment faster than the overall industry growth seen in the State of Pennsylvania, where it saw a gain of 2.7 percent. The Activities related to credit intermediation industry in Centre County outpaced the United States, which experienced a gained 5.4 percent.

Top 5 Industries
1. Activities related to credit intermediation (341.9 percent gain)
2. Commercial equip. merchant wholesalers (117.4 percent gain)
3. Motor vehicle and parts merchant wholesalers (65.3 percent gain)
4. Electric goods merchant wholesalers (52.5 percent gain)
5. Insurance carriers (51.0 percent gain)

Centre County One-Year Percentage Decline in Employment

The Private households industry has seen the largest percentage drop in employment, losing 48.2 percent from 2005 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry has experienced in the State of Pennsylvania, where the industry sector experienced a loss of 46.1 percent. The losses in the Private households industry in Centre County outpaced the United States industry losses overall. During this period, the United States gained 1.9 percent in terms of employment in the Private households industry.

Top 5 Industries
1. Private households (48.2 percent decline)
2. Water, sewage and other systems (40 percent decline)
3. Professional and similar organizations (39.8 percent decline)
4. Nursing care facilities (39.2 percent decline)
5. Sawmills and wood preservation (36.8 percent decline)

Total industry employment has increased by 2.2 percent since the 2nd Quarter of 2005. This is greater than growth in Pennsylvania, which saw a gain of 1.1 percent since 2005 ( 2nd Quarter). The gains in the area were greater than than the gain felt at the national level of 2.0 percent.

Total One-Year Employment Decline in Centre County

Given the industries in the area, the Nursing care facilities industry experienced most substantial job loss, losing 170 jobs in that time period. The declines in the Nursing care facilities industry make up 14.9 percent of the total job loss in Centre County, Pennsylvania.

Top 5 Industries
1. Nursing care facilities (170 jobs lost)
2. Business support services (101 jobs lost)
3. Building equipment contractors (91 jobs lost)
4. Professional and similar organizations (63 jobs lost)
5. Nondepository credit intermediation (46 jobs lost)

Total One-Year Employment Growth in Centre County

Out of the 4-digit NAICS industries, the Community care facilities for the elderly industry has accounted the most employment growth with a total of 205 new jobs created in the period. The job growth in the Community care facilities for the elderly industry makes up 11.6 percent of the total growth in Centre County.

Top 5 Industries
1. Community care facilities for the elderly (205 new jobs)
2. Activities related to credit intermediation (155 new jobs)
3. Individual and family services (145 new jobs)
4. Drinking places, alcoholic beverages (94 new jobs)
5. Other general merchandise stores (77 new jobs)

In Centre County, Pennsylvania, the aggregate employment for all industry sectors has increased by 930 total jobs between the 2nd Quarter of 2005 and 2nd Quarter of 2006.

Out of the 134 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 58 described an expansion of jobs throughout the time period, while 75 industries reported a drop in employment.





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 Centre County, Pennsylvania

The poverty rate in Centre County, Pennsylvania has increased by 3.0 percent from the levels reported in the Decennial Census of 2000, moving from 18.8 percent to 21.8 percent.

As the median household income witnessed a decline from 2000 to 2005 in Centre County, Pennsylvania, the Race/Ethnicity category that saw the sharpest decline in median income was the White Race/Ethnicity category. This category went through a decline of 9.7 percent since the year 2000. The Hispanic population group was least impacted by the household income decline in Centre County, seeing a 73 percent increase in household income level, since the year 2005.

Hispanic households in Centre County, Pennsylvania reported a median household income of $23,249, this income level is 45.1 percent less than the areas median income level for all households. In Centre County, Pennsylvania White headed households reported a median household income (2005 Dollars) of $43,671 according to the Decennial Census of 2000, which was 3.2 percent greater than the median household income in 2000. The households that were headed by an American Indian and Alaska Native individual in Centre County had a median household income level of $60,694, this was 43.4 percent greater than the median level for total households in the area. It was reported in 2000 that the Asian headed households had median household incomes of $22,470. This income level is 46.9 percent less than the all households reported median in the area. Black or African American headed households had median income levels that were 48.2 percent less than the overall median reported in 2000, with a reported median of $21,938.

When put side-by-side with other counties (or parishes) throughout the United States, Centre County, Pennsylvania may be understood as having a relatively high poverty rate amid the residents with a poverty rate of 18.8 percent with a family income under the 1999 poverty level. The Hispanic race/ethnicity demographic category, owns the foremost rate of poverty with 44.7 percent of the people in 2000 living in poverty. The population that is aged 18 to 64 years are experiencing most percent people in poverty in Centre County, having 23 percent of the population in this age category living in poverty.

When compared to other counties (and parishes) throughout the United States, Centre County accounted a medium-high median household income of $42,313 (2005 Dollars). The income level is 10.9 percent lower than the median in Pennsylvania of $46,924 and the median is 16.1 percent lower than the median household income in the United States of $49,133.

The areas median household income has declined from the inflation-adjusted values in 2000. The income level has decreased to $38,450, which amounts to a 9.1 percent decline. Centre County, Pennsylvania, when comparing total percent of decline, ranks 4 of 33 counties in percent of decline for the household income level in the State of Pennsylvania. Centre County ranks 274 of 668 counties (or parishes) when analyzing the decline in median household income in the United States.

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

Higher Education in Centre County, Pennsylvania

In Centre County, Pennsylvania as reported in the Census of the year 2000, 34.6 percent of the White Alone, 20 percent of Black or African American, 84.8 percent of the Asian alone and 48.8 percent of the Hispanic or Latino population (over 25) has obtained a Bachelors Degree or Higher.

Centre County, Pennsylvania is made up of a very highly-educated working age population, with 36.2 percent of the population (+25) having received at least a Bachelors Degree, as reported in the Decennial Census of 2000. Centre counted a higher percent of individuals with higher educations than the State of Pennsylvania's proportion of 22.4 percent and a higher percent than the US proportion of 24.4 percent.

Since 2000, Centre has increased in the population percent with a Bachelors Degree or Higher. This population percent has grown by 4.0 percent to a total of 40.2 percent in 2005. According to the American Community Survey, the proportion of the population in 2005 with a BA or Higher is greater than the 2005 State of Pennsylvania percent of 25.6 and greater than the national percent of 27.2.

According to the 2000 Decennial Census in Centre County, Pennsylvania, a high proportion of the male population in the area have reached the Bachelors Degree or Higher category, with 39.2 percent obtaining this level of education. The women in Centre have attainment on average a lower level of higher education (Bachelors Degree or Higher) than the male population-- 39.2 percent (Men) versus 33.4 percent (Women). The most common level of education for women in the area is High School Diploma category, with 36 percent of women in the area reaching this education level.

From 2000 to 2005, the percent of the male population that can be considered highly educated has increased by 2.8 percent. In the year 2005, 41.8 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 5.4 percent. By the year 2005, a total of 38.8 percent of the female population having received at least a Bachelors Degree.

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

Demographic Profile for Centre County, Pennsylvania

Centre County, Pennsylvania has a population that is comprised of 89.6 percent White, 2.8 percent African American, 4.6 percent Asian, and 1.9 percent Hispanic. The area population base can be described as having a modest level of diversity, with 9.3 percent of the population being minorities. This is less than the State of Pennsylvania percent of 16.4. Since 2000, Centre has increased the level of diversity when 8.6 percent of the population were minorities.

In terms of total land area, Centre encompasses a total area of 1108 square miles. The county has a medium-low average area density of 127 persons per square mile. Other counties with similar densities in the US include: -- more densely populated -- Woodford, KY (127 per sq. mile ), Ashland, OH (128 per sq. mile ), Tuscaloosa, AL (128 per sq. mile ), -- less densely populated -- Robertson, TN (127 per sq. mile ), Saline, AR (126 per sq. mile ), Bossier, LA (126 per sq. mile ).

Since the year 2000, a very high number of individuals have migrated to Centre internationally. The migration from outside the US into Centre totals 3.6 percent of the total international migration into the State of Pennsylvania. This percent of international migration is very high when compared to international migration per 2005 population.

In the year 2005, the population division of U.S. Census Bureau estimates the median age in Centre County, Pennsylvania to be 26.8 years old. The median in Centre is less than the median age in the State of Pennsylvania of 39.7. Since 2000, the area has experienced a decline in the median age, when it was 28.6 years old. With a total of 15.5 percent of the 2005 population being comprised of individuals under the age of 18, Centre can be described as being made up of a relatively low proportion of youths. The 18 to 64 years old population group has a relatively high representation within the estimated 2005 area population, making up 73.7 percent of the population falling in this age category. The retirement (65 and over) group makes up 10.9 percent of the population. When compared to other counties in the United States, this represents a medium-low percent of the population base.

Centre County, Pennsylvania had a population of 140,561 in the year 2005. The population has increased, since the 2000 total population of 135,823. This growth denotes an increase of 3.5 percent. Centre ranks 16 of 67 counties by growth in total population in Pennsylvania and the county ranks 520 of 3,141 counties in terms of population growth in the United States.

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

Housing Report for Centre County, Pennsylvania

In Centre County, the real estate market was made up of 56,954 housing structures in 2005. The area has seen growth in housing units, adding a sum of 3,061 housing units since the year 2001, or 5.7 percent.

Centre County is made up of a medium percentage of high-priced residential real estate. In 2005, the American Community Survey accounted that 3.1 percent of the homes were valued over $500,000.

The owner-occupied dwellings in Centre County, Pennsylvania have seen large increases since their reported values in 2000. The values have increased by $29,300, or 25.5 percent, from when in 2000 they were valued at $114,900.

It can be understood that there is a fair amount of real estate that is affordable in Centre County, Pennsylvania. In 2005, 39.8 percent of residential real estate was valued under $125,000.

The State of Pennsylvania, Centre County places 7 of 67 by percentage growth in residential real estate. The county is positioned 727 of 3,141, when comparing thee change in housing structures in counties throughout the nation.

Centre County had an owner-occupied dwelling median in 2005 of $144,200, accounted by the American Community Survey. This value is greater than the overall State of Pennsylvania 2005 home value of $131,900 and less than median home value of $167,500 for the rest of the nation in that year.

Data Source: U.S. Census Bureau

Employment Report for Centre County, Pennsylvania -- Annual 2005 Industry Summary

Centre County is ranked number 27 of 68 Counties in the State of Pennsylvania in terms the size of total employment in 2005. This ranking has moved up during the time of 2001 and 2005. The County, in the year 2001, was ranked 26 of 68 Counties.

In Centre County, Retail Trade, Health care and social assistance, and the Accommodation and food services sectors are the largest industries, in terms of total number of jobs in 2005. The Retail Trade provides the most jobs and contributes 18.4 percent of the total county employment. This totals 7,813 people employed. The Health care and social assistance and Accommodation and food services industries make up 15.1 and 14.1 percent of total employment, respectively.

Educational services is the industry with the largest change in employment since the year 2001 in Centre County, growing in new jobs by 71.2 percent. This is greater than the industry employment change in the United States of 13.8 percent. The State of Pennsylvania encountered a change in industry employment of 8.1 percent, in the period of time since 2001.

In Centre County, Accommodation and food services, Retail Trade and Management of companies and enterprises industries, in terms of United States location quotient, are the most dominant in the region. The Accommodation and food services industry has a US LQ in the county of 1.44. In other words, the percent of total jobs in the Accommodation and food services industry is 1.44 times greater than the national average, signifying that Centre may be an exporter of products or services of Accommodation and food services.

The Manufacturing industry has decreased the most in industries presence in Centre County, from the year 2001 to 2005, accounting for 17.6 percent of total employment for the year 2001 to 10.9 percent of total employment in the year 2005.

Management of companies and enterprises has the largest businesses in Centre County. In the County, the industry averages 46 employees per business. This is greater than the industry's average at the national level of 40 and less than the Pennsylvania establishments size average of 56 for the Management of companies and enterprises industry.

Manufacturing since the year 2001 lost the most jobs in Centre County. The industry was hit with a loss of 2,832 jobs during the period, or 38 percent of industry's employment. The industry declines made up 81 percent of the total loss in employment during the period.



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