In Lake County, jobs in the nondepository credit intermediation pay the highest wages

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People with jobs in the nondepository credit intermediation industry wages were the highest in Lake County for 2006. The average industry job in Lake County received an annual wage of $52,887 in 2nd quarter of 2006. The wage rate is greater than the average industry wage in the State of South Dakota of $38,447 and less than then the wage for jobs in this industry at the United States Level of $65,753.

Top-pay jobs in Lake County, South Dakota may be found in general freight trucking ($50,988), nonresidential building construction ($44,905), machinery and supply merchant wholesalers ($44,471) and electronic markets and agents and brokers ($42,567) 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.

Lake County Wages have increased by 18.3% Since 2001

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From 2001 to 2006, average industry wages increased in Lake County, South Dakota by a total of 18.3%. This is greater than the growth in average industry wages for South Dakota 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.

Lake County Industry Wages Lag Behind South Dakota, and Wages Lag Behind the United States

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The overall industry wages in Lake County, South Dakota can be understood as being medium-high when analyzed with other 2nd quarter of 2006 County wages throughout the state. The average pay is 12.2 percent lower than the with an state average of $28,713. The average pay 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.

Lake County Five-Year Industry Employment Change

Total Five-Year Employment Growth in Lake County

Of the industries (4-digit NAICS) in the area, the Limited-service eating places industry has added the most employment with 41 jobs added during the time period. These new jobs in the Limited-service eating places industry makes up 31.8 percent of the total growth in Lake County.

Top 5 Industries
1. Limited-service eating places (41 new jobs)
2. Residential building construction (36 new jobs)
3. Services to buildings and dwellings (15 new jobs)
4. Computer systems design and related services (13 new jobs)
5. Gasoline stations (6 new jobs)

Total Five-Year Employment Decline in Lake County

Given the industries in the area, the General freight trucking industry faced the greatest employment loss with a total loss of 106 jobs. The declines in the General freight trucking industry make up 66.5 percent of the jobs lost during the period in Lake County, South Dakota.

Top 5 Industries
1. General freight trucking (106 jobs lost)
2. Building foundation and exterior contractors (14 jobs lost)
3. Plastics product manufacturing (14 jobs lost)
4. Utility system construction (8 jobs lost)
5. Building equipment contractors (6 jobs lost)

Of the 19 industries with industry data reported by the BLS in each quarter, 9 reported job growth in the duration of the last five years and 10 industries reported employment loss in the period.

In Lake County, South Dakota, the entire sum of jobs in all industries overall has increased by 3 total jobs from 2001 to 2006.

Employment for all industries has increased by 0.1 percent since the 2nd Quarter figures of 2001. This change is less than growth in South Dakota, which experienced a gain of 5.3 percent since the 2nd Quarter of 2001. The gains were less than than the gain seen for the United States of 2.6 percent.

Lake County Five-Year Percentage Growth in Employment

The Computer systems design and related services industry has seen the largest percentage job growth, expanding by 363.6 percent from the 2nd quarter of 2001 to the 2nd quarter of 2006. This industry sector in Lake County has added employment faster than the overall industry growth seen in the State of South Dakota, where this industry saw a loss of 11.3 percent. The Computer systems design and related services industry in Lake County outpaced the nation in terms of industry employment growth . During this period, the nation lost 3.1 percent of the industry employment.

Top 5 Industries
1. Computer systems design and related services (363.6 percent gain)
2. Residential building construction (121.6 percent gain)
3. Services to buildings and dwellings (68.7 percent gain)
4. Specialized freight trucking (46.9 percent gain)
5. Limited-service eating places (39.5 percent gain)

Lake County Five-Year Percentage Decline in Employment

The General freight trucking industry has lost the largest percent of jobs, losing 61.9 percent of the jobs from the 2nd quarter of 2001 to 2nd quarter of 2006. The losses of the area have declined faster than the industry has experienced in the State of South Dakota, where the industry felt a loss of 5 percent. The losses in the General freight trucking industry in Lake County outpaced the United States industry losses overall. During this period, the United States gained 0.2 in percent of jobs in the General freight trucking industry.

Top 5 Industries
1. General freight trucking (61.9 percent decline)
2. Building foundation and exterior contractors (54.4 percent decline)
3. Utility system construction (44.4 percent decline)
4. Lessors of real estate (23.8 percent decline)
5. Automotive repair and maintenance (21.7 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.

Lake County One-Year Industry Employment Change

Total One-Year Employment Growth in Lake County

Out of the 4-digit NAICS industries, the Full-service restaurants industry has grown the most with 41 jobs added during the time period. These new jobs in the Full-service restaurants industry makes up 32.0 percent of the growth in Lake County.

Top 5 Industries
1. Full-service restaurants (41 new jobs)
2. Gasoline stations (32 new jobs)
3. General freight trucking (20 new jobs)
4. Building equipment contractors (8 new jobs)
5. Plastics product manufacturing (6 new jobs)

Out of the 23 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 8 reported job growth in the duration of the year and 13 industry sectors reported declines during the time period.

In Lake County, South Dakota, the total number of jobs throughout all industries has increased by 91 jobs from mid-2005 to mid-2006.

Total One-Year Employment Decline in Lake County

Given the industries in the area, the Specialized freight trucking industry has lost the most employment with a total loss of 12 jobs in that time period. The declines in the Specialized freight trucking industry make up 34.3 percent of the total job loss in Lake County, South Dakota.

Top 5 Industries
1. Specialized freight trucking (12 jobs lost)
2. Services to buildings and dwellings (7 jobs lost)
3. Other general merchandise stores (4 jobs lost)
4. Depository credit intermediation (3 jobs lost)
5. Lessors of real estate (3 jobs lost)

The total number of jobs has increased by 2.3 percent from the reported values in 2005. These values are less than growth in the State of South Dakota, experiencing a gain of 2.5 percent from the 2nd Quarter of 2005. The gains were greater than than the gain reported at the US level of 2.0 percent.

Lake County One-Year Percentage Decline in Employment

The Specialized freight trucking industry has lost the largest amount of employment in terms of percentage, losing 44 percent from 2005 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry sector has felt in the State of South Dakota, where the industry felt a gain of 4.4 percent. The losses in the Specialized freight trucking industry in Lake County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States gained 3.5 in percent of jobs in the Specialized freight trucking industry.

Top 5 Industries
1. Specialized freight trucking (44 percent decline)
2. Lessors of real estate (38.5 percent decline)
3. Building foundation and exterior contractors (18.2 percent decline)
4. Services to buildings and dwellings (15 percent decline)
5. Accounting and bookkeeping services (14.6 percent decline)

Lake County One-Year Percentage Growth in Employment

The Gasoline stations industry has witnessed the largest percentage of employment expansion, increasing by 44.0 percent from 2005 to 2006. This industry in Lake County has added employment faster than the growth seen in the industry for South Dakota, where this industry saw a loss of 0.3 percent. The Gasoline stations industry in Lake County outpaced the national average, which felt a lost 0.3 percent in this industry.

Top 5 Industries
1. Gasoline stations (44.0 percent gain)
2. General freight trucking (43.1 percent gain)
3. Electronic markets and agents and brokers (38.5 percent gain)
4. Full-service restaurants (27.2 percent gain)
5. Electronics and appliance stores (20.0 percent gain)





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 Lake County, South Dakota

When compared to other counties (and parishes) throughout the United States, Lake County was reported to have a medium-high median income for all households of $39,882 (Adjusted to 2005 Dollars). This figure is 3.5 percent lower than the median in State of South Dakota of $41,280 and the median household income is 23.2 percent lower than the median household income level in the US of $49,133.

In Lake County, South Dakota White householders had a median income (2005 Dollars) of $40,113 according to the 2000 Dencennial Census, which was 0.6 percent greater than the median household income in 2000. Hispanic Householders in Lake County, South Dakota , according to the 2000 census, had a median household income of $47,093, this median is 18.1 percent greater than the median reported for all households in the area. The American Indian and Alaska Native headed households in Lake County had a median household income level of $28,131, which was 29.5 percent less than the areas median level for all households. It was reported in 2000 that the Asian headed households had median household incomes of $48,890. This median is 22.6 percent greater than the reported median household income for all households in the area.

When put side-by-side with other counties (or parishes) throughout the United States, Lake County, South Dakota can be understood to have a medium-low poverty rate amongst the population, with a poverty rate of 9.7 percent of people living in a family with an income below the poverty level in 1999. The White race/ethnicity population cohort, has the uppermost poverty rate with 9.8 percent of the 2000 population living in poverty. People that are of the age 6 to 11 years are witness to the most percent living in poverty in Lake County, reporting 13.9 percent of this age cohort living in poverty.







Datasource: U.S. Bureau of the Census. 2000 Decennial Census.

Higher Education in Lake County, South Dakota

Lake County, South Dakota is made up of a highly-educated working age population, with 21 percent of the over 25 years old population having a Bachelors Degree or Higher, according to the 2000 Decennial Census. Lake was reported to have a lower percent of population with this high education level than the State of South Dakota's proportion of 21.6 percent and a lower percent than United States proportion of 24.4 percent.

In Lake County, South Dakota as reported in the 2000 Census, 20.6 percent of the White Alone, 0 percent of Black or African American, 86.4 percent of the Asian alone and 22 percent of the Hispanic or Latino population, over the age 25, has achieved at least a Bachelors Degree.

The 2000 Decennial Census reported that in Lake County, South Dakota, a high proportion of the male population in the area have reached the High School Diploma category, with 36.6 percent achieving this level. The female population in Lake on average have achieved a greater level of higher education (Bachelors or Higher) than the men in the area: 20.8 percent (Men) versus 21.4 percent (Women). The most common level of education for women in the area is High School Diploma category, with 36.4 percent of the women population in the area achieving this level of education.





Datasource: U.S. Bureau of the Census. 2000 Decennial Census.

Demographic Profile for Lake County, South Dakota

Lake County, South Dakota has a population base that is comprised of 96.7 percent White, 0.3 percent African American, 1 percent Asian, and 1.1 percent Hispanic. The area can be described as having a very modest level of diversity in terms of race and ethnicity, with 2.4 percent of the population made up of minorities. This is less than the State of South Dakota percent of 3.5. Since 2000, Lake has increased the percent of minority population when 1.6 percent of the population was made up of minorities.

Since 2000, a low number of individuals have migrated to Lake from outside the country. The immigration into Lake makes up 0.4 percent of the total migration into the State of South Dakota. This level of international migration can be considered low when compared to international migration per 2005 population.

Lake County, South Dakota had an estimated population of 11,039 in 2005. The estimated population has decreased, since its 2000 population of 11,249. The decline signifies a decrease of -1.9 percent. Lake ranks 44 of 66 counties in terms of population growth in South Dakota and the county ranks 2,348 of 3,141 counties by growth in county population in the United States.

In 2005, the Census Bureau estimated the median age in Lake County, South Dakota to be 38.2 years old. The median in Lake is greater than the median age for the State of South Dakota of 37.0. From 2000, the area has seen an increase in the median age, when it was 36.7 years of age. With 19.2 percent of the 2005 population being comprised of individuals under the age of 18, Lake can be understood as having a relatively low proportion of youths. The 18 to 64 years old population group has a medium-high presence of the population, with 64.2 percent of the population falling in this age category. The retirement (65 and over) group makes up 16.6 percent of the total population base. Compared to other counties throughout the nation, this represents a medium-high proportion of the area population base.

By measuring total land area, Lake spans a total area of 563 square miles. The county has a very low population density of 20 persons per square mile. Similar counties in the US, in terms of density, include: -- more densely populated -- Jackson, WI (20 per sq. mile ), Dent, MO (20 per sq. mile ), Bates, MO (20 per sq. mile ), -- less densely populated -- Van Buren, TN (20 per sq. mile ), Lyon, IA (20 per sq. mile ), Madison, LA (20 per sq. mile ).

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

Housing Report for Lake County, South Dakota

When compared to other counties in South Dakota, Lake County ranks 13 of 66 by percent in growth of new residential structures. The county places 1,130 of 3,141, when comparing thee change in housing structures in counties throughout the nation.

In Lake County, the U.S. Census Bureau, Population Division accounted for a total of 5,586 homes in the year 2005. This county has gone through a growth in housing units, adding a total of 204 residential units since 2001, or 3.8 percent.

Lake County recorded a median home value in 2000 of $73,800, published by the Decennial Census. This median is less than the South Dakota 2000 home value of $79,600 and less than median owner-occupied dwelling value of $119,600 for the rest of the nation in that year.

There seems to be a large amount affordable residential real estate in Lake County, South Dakota. In 2000, 82.4 percent of the homes were valued under $125,000.





Data Source: U.S. Census Bureau

Employment Report for Lake County, South Dakota -- Annual 2005 Industry Summary

Manufacturing has the largest businesses in Lake County, averaging 38 workers per each place of employment, being less than the industry's average at the national level of 39 and less than the South Dakota average of 39 for the Manufacturing industry.

Administrative and waste services is the industry that has seen the largest increase in jobs from the year 2001 to the present in Lake County, with a job growth of 78.4 percent. This is greater than the change in industry employment in the United States of 4.5 percent. The State of South Dakota encountered a change in industry employment of -7.4 percent, from 2001 to 2005.

In Lake County, Manufacturing, Accommodation and food services and Wholesale trade industries, in terms of United States location quotient, are the most dominant in the region. The Manufacturing industry has an LQ of 2.29. The percent of employment in the Manufacturing sector is 2.29 times greater than the US average, showing signs that Lake County may specialize, or be an exporter of Manufacturing.

In Lake County, 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 29.4 percent of all jobs throughout the county, totaling 1,108 jobs. The Health care and social assistance and Retail Trade industries total 13.9 and 13.5 percent of all employment.

Lake County is ranked number 14 of 67 Counties in the State of South Dakota in terms the size of total employment in 2005. This ranking has moved up between the years 2001 and 2005. In 2001, the County was ranked 13 of 67 Counties.







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