In Chester County, jobs in the other financial investment activities pay the highest wages

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Employment in the other financial investment activities industry reported the top wages in Chester County for 2006. The average worker in the industry in Chester County received a wage of $169,379 in 2nd quarter of 2006. The pay is greater than the average industry wage in the State of Pennsylvania of . and greater than then the wage for jobs in this industry in the US of $120,327.

High-wage employment in Chester County, Pennsylvania exsists in pharmaceutical and medicine manufacturing ($112,429), scientific research and development services ($109,127), securities and commodity contracts brokerage ($107,009) and commercial equip. merchant wholesalers ($105,776) 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.

Chester County Wages have increased by 26.2% Since 2001

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From the second quarter of 2001 to the second quarter of 2006, industry wages have increased in Chester County, Pennsylvania by a total of 26.2%. This is greater than the growth in industry wages for Pennsylvania and greater 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.

Chester County Industry Wages Exceed Pennsylvania, and Wages Exceed the United States

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The overall industry wages in Chester County, Pennsylvania can be described as very high when analyzed with other Counties in the state. The overall wages are 38.1 percent higher than the state, which accounted an average of $39,178. The average industry wage was greater than the industry average in the US 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.

Chester County Five-Year Industry Employment Change

Total Five-Year Employment Growth in Chester County

The Computer systems design and related services industry has added the most employment with 4,432 jobs added during the time period. These new jobs in the Computer systems design and related services industry makes up 13.0 percent of the total growth in Chester County.

Top 5 Industries
1. Computer systems design and related services (4,432 new jobs)
2. Management of companies and enterprises (2,081 new jobs)
3. Community care facilities for the elderly (1,988 new jobs)
4. Scientific research and development services (1,357 new jobs)
5. Department stores (1,261 new jobs)

In Chester County, Pennsylvania, the aggregate employment for all industry sectors has increased by 14,351 jobs from mid-2001 to mid-2006.

Out of the 181 4-digit NAICS industries, 80 showed an escalation in the number employed, while 101 industries reported employment loss in the period.

Total Five-Year Employment Decline in Chester County

From of the area's 4-digit NAICS industries, the Pharmaceutical and medicine manufacturing industry has lost the most employment with a total loss of 1,776 jobs. The declines in the Pharmaceutical and medicine manufacturing industry make up 12.1 percent of the employment lost during the period in Chester County, Pennsylvania.

Top 5 Industries
1. Pharmaceutical and medicine manufacturing (1,776 jobs lost)
2. Employment services (1,616 jobs lost)
3. Residential mental health facilities (853 jobs lost)
4. Consumer goods rental (774 jobs lost)
5. Nursing care facilities (618 jobs lost)

Chester County Five-Year Percentage Growth in Employment

The Automotive equipment rental and leasing industry has experienced the largest percentage growth, expanding by 250.9 percent from the 2nd quarter of 2001 to the 2nd quarter of 2006. This industry sector in Chester County has expanded faster than the overall industry growth seen in the State of Pennsylvania, where it saw a loss of 0.9 percent. The Automotive equipment rental and leasing industry in Chester County outpaced the US in terms of percent growth of industry employment. During this period, the US lost 5.7 percent of the employment in this industry.

Top 5 Industries
1. Automotive equipment rental and leasing (250.9 percent gain)
2. Other ambulatory health care services (236.9 percent gain)
3. Community care facilities for the elderly (180.0 percent gain)
4. Druggists' goods merchant wholesalers (167.4 percent gain)
5. Religious organizations (146.6 percent gain)

The total number of jobs has increased by 7.2 percent since the 2nd Quarter of 2001. This is greater than percent in the State of Pennsylvania, which saw a gain of 0.5 percent since 2001 ( 2nd Quarter). The gains were greater than than the gain seen for the United States of 2.6 percent.

Chester County Five-Year Percentage Decline in Employment

The Electronic equipment repair and maintenance industry has lost the biggest percent of jobs, losing 84.8 percent from 2001 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry has seen in the Pennsylvania, where the it saw a loss of 1.1 percent. The losses in the Electronic equipment repair and maintenance industry in Chester County outpaced the United States industry losses overall. During this period, the United States lost 2.5 percent in terms of employees in the Electronic equipment repair and maintenance industry.

Top 5 Industries
1. Electronic equipment repair and maintenance (84.8 percent decline)
2. Telecommunications resellers (84.3 percent decline)
3. Sound recording industries (76.6 percent decline)
4. Consumer goods rental (66.9 percent decline)
5. Unclassified (66.2 percent decline)





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.

Chester County One-Year Industry Employment Change

Total One-Year Employment Decline in Chester County

Given the industries in the area, the Business support services industry faced the greatest employment loss with a total loss of 225 jobs during the period. The employment lost in the Business support services industry make up 6.3 percent of the employment lost during the period in Chester County, Pennsylvania.

Top 5 Industries
1. Business support services (225 jobs lost)
2. Household and institutional furniture mfg. (218 jobs lost)
3. Offices of other health practitioners (191 jobs lost)
4. Internet publishing and broadcasting (146 jobs lost)
5. Nursing care facilities (145 jobs lost)

Total One-Year Employment Growth in Chester County

Out of the 4-digit NAICS industries, the Employment services industry has brought the most jobs with a total of 396 new jobs created in the period. The job growth in the Employment services industry makes up 4.8 percent of the total number of new jobs in Chester County.

Top 5 Industries
1. Employment services (396 new jobs)
2. Management and technical consulting services (395 new jobs)
3. Pharmaceutical and medicine manufacturing (345 new jobs)
4. Scientific research and development services (294 new jobs)
5. Department stores (287 new jobs)

From the 193 industries with industry data reported by the BLS in each quarter, 76 showed an escalation in the number employed, while 116 industry sectors reported declines during the time period.

In Chester County, Pennsylvania, the entire sum of jobs in all industries overall has increased by 4,065 total jobs between the 2nd Quarter of 2005 and 2nd Quarter of 2006.

Chester County One-Year Percentage Growth in Employment

The Other residential care facilities industry has witnessed the largest percentage of employment expansion, increasing by 147.3 percent from 2005 (2nd quarter) to 2006 (2nd quarter). This industry sector in Chester County has added employment faster than the growth seen in the industry for Pennsylvania, where this industry saw a gain of 3.9 percent. The Other residential care facilities industry in Chester County outpaced the nation in terms of industry employment growth . During this period, the nation lost 0.8 percent of the employment in this industry.

Top 5 Industries
1. Other residential care facilities (147.3 percent gain)
2. Paint, coating, and adhesive manufacturing (97.6 percent gain)
3. Paper and paper product merchant wholesalers (42.7 percent gain)
4. ISPs and web search portals (39.8 percent gain)
5. Investigation and security services (39.3 percent gain)

The total number of jobs has increased by 1.9 percent since the 2nd Quarter figures of 2005. This change is greater than percent in the State of Pennsylvania, experiencing a gain of 1.1 percent since the 2nd Quarter of 2005. The gains were less than than the gain seen for the United States of 2.0 percent.

Chester County One-Year Percentage Decline in Employment

The Internet publishing and broadcasting industry has lost the largest amount of employment in terms of percentage, losing 82.6 percent of the jobs from 2005 to 2006. These have declined faster than the industry sector has felt in the State of Pennsylvania, where the industry felt a loss of 23.7 percent. The losses in the Internet publishing and broadcasting industry in Chester County outpaced the US in terms of percent of decline of industry employment. The US gained 9 percent in terms of employees in the Internet publishing and broadcasting industry.

Top 5 Industries
1. Internet publishing and broadcasting (82.6 percent decline)
2. Fruit and vegetable preserving and specialty (50.6 percent decline)
3. Insurance and employee benefit funds (36.3 percent decline)
4. Forging and stamping (36.1 percent decline)
5. Other chemical product and preparation mfg. (33.8 percent decline)





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 Chester County, Pennsylvania

When compared to other counties (or parishes) across the United States, Chester County, Pennsylvania may be understood as having a very low poverty rate amongst the population, with a poverty rate of 5.2 percent of people living in a family with an income below the poverty level in 1999. The Hispanic race/ethnicity population category, holds the highest rate of poverty with 17.1 percent of the 2000 population living in poverty. People that are of the age 75 years and over are experiencing most percent people in poverty in Chester County, accounting 6.1 percent of this age group in the area living in poverty.

The areas median household income has declined from the inflation-adjusted 2000 income levels. The income level has decreased to $72,690, which amounts to a 4.8 percent decline. Chester County, Pennsylvania, in terms of percent of decline, ranks 18 of 33 counties in percent of decline for the household income level in the State of Pennsylvania. Chester County ranks 474 of 668 counties (or parishes) when analyzing the decline in median income in the US.

While the median household income saw a decline from 2000 to 2005 in Chester County, Pennsylvania, the Race/Ethnicity group that went through the most dramatic decline in household income was the Hispanic Race/Ethnicity category. This category went through a decline of 20.8 percent in the last five years. The American Indian and Alaska Native Race/Ethnicity group has been least impacted by the median income decline in Chester County, experiencing a 23.6 percent increase in household income level, since the year 2005.

In Chester County, Pennsylvania White householders had a median household income (in 2005 Dollars) of $79,120 according to the Decennial Census of 2000, which was 3.6 percent greater than the median household income in 2000. The Asian householders in the area have reported their median household incomes at $88,424. This household income level is 15.7 percent greater than the reported median household income, in the area, for all households. Black or African American headed households had a median household income that was 42.3 percent less than the all population median published in the 2000 Census, with a median of $44,070. The American Indian and Alaska Native headed households in Chester County had a median income of $43,645, this level was 42.9 percent less than the areas median level for all households. Hispanic Householders in Chester County, Pennsylvania , as reported in 2000, had a median household income of $52,262, which is 31.6 percent less than the reported median household income for all households in the area.

Compared to counties across the United States, Chester County was reported to have a very high household income of $76,395 (2005 Dollars). This median is 38.6 percent higher than the median income in State of Pennsylvania of $46,924 and this is 35.7 percent higher than the median in the US, which is $49,133.

The rate of poverty in Chester County, Pennsylvania has increased by 0.7 percent since the 2000 rates, moving from 5.2 percent to 5.9 percent.

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

Higher Education in Chester County, Pennsylvania

Reported by the 2000 Census in Chester County, Pennsylvania, a high proportion of the male population in the area have reached the Bachelors Degree or Higher category, with 45.6 percent obtaining this level of education. The women in Chester on average have achieved a lower level of higher education (Bachelors or Higher) than men; 45.6 percent (Men) versus 39.6 percent (Women). A high proportion of the female population in the area has reached the Bachelors Degree or Higher category, with 39.6 percent of women in the area reaching this education level.

In Chester County, Pennsylvania as reported in the Census of the year 2000, 43.8 percent of the White Alone, 17.4 percent of Black or African American, 70.4 percent of the Asian alone and 16.6 percent of the Hispanic or Latino population, over the age 25, has achieved at least a Bachelors Degree.

From 2000 to 2005, the percent of the male population that can be considered highly educated has increased by 2.6 percent. By the year 2005, 48.6 percent of area's male population (+25) achieved a BA or Higher. During the same period, the percent of women (+25) that have earned a BA or higher has increased by a total of 3.8 percent. By 2005, a total of 43.4 percent of the women in the population had received a Bachelors Degree or Higher.

Chester County, Pennsylvania can be considered to have a very highly-educated 2000 population, with 42.4 percent of the population (+25) having received a BA or higher, as reported the 2000 Decennial Census. Chester has a higher percent of highly educated individuals than the State of Pennsylvania's proportion of 22.4 percent and a higher percent than the average across the nation of 24.4 percent.

Since 2000, Chester has increased in the percent of the total population (+25) with a BA or Higher. The portion of this population has grown by 3.6 percent to a total of 46 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 State of Pennsylvania percent of 25.6 and greater than the average US percent of 27.2.

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

Demographic Profile for Chester County, Pennsylvania

Chester County, Pennsylvania has a population base that is comprised of 85.8 percent White, 6 percent African American, 3 percent Asian, and 4.2 percent Hispanic. The population mix can be considered to have a modest level of racial and ethnic diversity, with 13.2 percent of the population made up of minorities. This is less than the State of Pennsylvania percent of 16.4. Since 2000, Chester has increased the percent of minority makeup when 11.9 percent of the population were minorities.

In 2005, the Census Bureau estimated the median age in Chester County, Pennsylvania to be 38.3 years old. The median age in Chester is less than the median age in Pennsylvania of 39.7. Since the year 2000, the area has seen an increase in this median, when at that time it was 37.0 years old. With 24.6 percent of the population in 2005 being comprised of children and youth younger than 18, Chester can be understood as having a medium-high proportion of youths. The 18 to 64 years old population group has a medium-high representation within the population, making up 63.5 percent of the population within the age group. People 65 and older make up 11.9 percent of the population. When compared to other counties in the United States, this represents a medium-low proportion of the area population base.

When measuring the total land area, Chester covers a total land area of 756 square miles. This area has a high population density of 627 persons per square mile. Other counties with similar densities in the US include: -- more densely populated -- Sarasota, FL (641 per sq. mile ), Palm Beach, FL (643 per sq. mile ), Chesapeake city, VA (643 per sq. mile ), -- less densely populated -- Denton, TX (624 per sq. mile ), Forsyth, GA (622 per sq. mile ), Bibb, GA (620 per sq. mile ).

Chester County, Pennsylvania had a total estimated population of 474,027 in the year 2005. The population has increased sharply, since the 2000 total population of 435,824. This growth represents an increase of 8.8 percent. Chester ranks 1 of 67 counties in terms of population growth in Pennsylvania and the county ranks 88 of 3,141 counties when analyzing total county population change across the nation.

From 2000, a high number of individual migrated to the Chester from another country. The international migration into Chester makes up 5.4 percent of all immigration into Pennsylvania. This amount of international migration is high when comparing levels of immigration per population in 2005.

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

Housing Report for Chester County, Pennsylvania

Throughout the State of Pennsylvania, Chester County ranks 3 of 67 in terms of percentage growth in new housing structures. The county ranks 551 of 3,141, when comparing thee change in housing structures in counties throughout the nation.

Chester County recorded median owner-occupied home value in the year 2005 of $295,600, according to the American Community Survey. This median is greater than the overall State of Pennsylvania 2005 home value of $131,900 and greater than median owner-occupied dwelling value of $167,500 for the rest of the nation in that year.

In Chester County, the census reported 178,778 housing structures in 2005. The area has seen growth in housing units, adding a total of 11,534 housing units since the year 2001, or 6.9 percent.

Chester County is made up of a very high percentage of homes that are high in price. In 2005, the American Community Survey reported that 16.7 percent of the homes were valued over $500,000.

The residential housing values in Chester County, Pennsylvania have seen large increases from the housing values in 2000. The residential values have increased by $113,100, or 62 percent, since their values in that year of $182,500.

According to the data, there is a limited amount of affordable housing in Chester County, Pennsylvania. In 2005, 9.6 percent of owner-occupied dwellings were valued under $125k.

Data Source: U.S. Census Bureau

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

In Chester County, Retail Trade, Health care and social assistance, and the Manufacturing sectors, in terms of total employment, are the largest. Retail Trade provides the most jobs and contributes 13.9 percent of all jobs throughout the county, totaling 29,026 employees. The Health care and social assistance and Manufacturing industries make up 11.8 and 11.2 percent of the total jobs, respectively.

In Chester County, Agriculture, forestry, fishing and hunting, Professional and technical services and Finance and insurance have the highest US LQ in 2005. The Agriculture, forestry, fishing and hunting industry has an LQ of 2.62. The level of employment in the Agriculture, forestry, fishing and hunting industry is 2.62 times more than the average percent in the United States, revealing signs that Chester County produces more than its local requirement of products and/or services of Agriculture, forestry, fishing and hunting.

Utilities is the industry with the largest establishments in Chester County. In the County, the industry averages 60 workers per each place of employment, being greater than the industry's average at the national level of 34 and greater than the State of Pennsylvania average of 35 for the Utilities industry.

Management of companies and enterprises from 2001-2005 had the highest increase in employment in Chester County, with a job growth of 101.2 percent. This is greater than the national employment change in the industry of 1.6 percent. The State of Pennsylvania felt a shift in employment in the industry of 51.7 percent, from 2001 to 2005.

Manufacturing between the years 2001 and 2005, saw the greatest loss in employment in Chester County. The industry lost a total of 7,145 employees during the period, or 23.3 percent of industry's employment. The industry declines made up 72 percent of the total jobs loss in the County.







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