Wednesday, March 21, 2007

In Potter County, jobs in the depository credit intermediation pay the highest wages


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Jobs in the depository credit intermediation industry paid the average highest wages in Potter County for the 2nd quarter of 2006. The average worker in the industry in Potter County received a wage of $33,817 in 2nd quarter of 2006. The wage rate is less than the industry wage in South Dakota of $39,442 and less than then the pay for jobs in this industry across the nation of $47,929.

High-wage employment in Potter County, South Dakota may be found in insurance agencies, brokerages, and related ($27,583), farm product raw material merch. whls. ($22,086), traveler accommodation ($14,958) and residential building construction ($12,814) industries. Note: Click the above Graphic for Detail Comparison

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.

Tuesday, February 27, 2007

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


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The overall industry wages in Potter County, South Dakota can be described as medium-low when analyzed with other 2nd quarter of 2006 County wages throughout the state. The average pay is 26.5 percent lower than the state, which accounted an average of $28,713. The industry pay was less than the US average pay 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.

Friday, February 23, 2007

Potter County Five-Year Industry Employment Change

Potter County Five-Year Percentage Growth in Employment

The Automotive repair and maintenance industry has experienced the largest percentage growth, expanding by 26.7 percent from the 2001 (Q2) to the 2006 (Q2). This industry in Potter County has expanded faster than the overall industry growth seen in the State of South Dakota, where the industry took a gain of 1.2 percent. The Automotive repair and maintenance industry in Potter County outpaced the US in terms of percent growth of industry employment. During this period, the US lost 1.8 percent of the employment in this industry.

Top 2 Industries
1. Automotive repair and maintenance (26.7 percent gain)
2. Insurance agencies, brokerages, and related (20.0 percent gain)

Potter County Five-Year Percentage Decline in Employment

The Residential building construction industry has lost the largest percent of jobs, losing 9.8 percent from 2001 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry sector has felt in the State of South Dakota, where the industry felt a gain of 26.6 percent. The losses in the Residential building construction industry in Potter County outpaced the US in terms of percent of decline of industry employment. The US gained 30.6 in percent of workers in the Residential building construction industry.

Top 2 Industries
1. Residential building construction (9.8 percent decline)
2. Farm product raw material merch. whls. (5.9 percent decline)

Total employment has decreased by 5.5 percent from the reported values in 2001. These values are greater than percent in South Dakota, experiencing a gain of 5.3 percent from the 2nd Quarter of 2001. The losses were greater than than the gain seen for the United States of 2.6 percent.

In Potter County, South Dakota, the total number of jobs throughout all industries has decreased by 41 total jobs from 2001 to 2006.

Total Five-Year Employment Decline in Potter County

Of the area's industries (4-digit NAICS), the Farm product raw material merch. whls. industry faced the greatest employment loss with a total loss of 4 jobs. The declines in the Farm product raw material merch. whls. industry make up 72.2 percent of the total job loss in Potter County, South Dakota.

Top 2 Industries
1. Farm product raw material merch. whls. (4 jobs lost)
2. Residential building construction (2 jobs lost)

Total Five-Year Employment Growth in Potter County

Of the industries (4-digit NAICS) in the area, the Automotive repair and maintenance industry has accounted the most employment growth with a total of 1 new jobs created in the period. The job growth in the Automotive repair and maintenance industry makes up 66.7 percent of the total growth in Potter County.

Top 2 Industries
1. Automotive repair and maintenance (1 new jobs)
2. Insurance agencies, brokerages, and related (4 new jobs)







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.

Monday, January 22, 2007

Potter County One-Year Industry Employment Change

In Potter County, South Dakota, the entire sum of jobs in all industries overall has increased by 27 total jobs between the 2nd Quarter of 2005 and 2nd Quarter of 2006.

Of the 5 industries with industry data reported by the BLS in each quarter, 3 showed an escalation in the number employed, while 2 industry sectors reported declines during the time period.

Total One-Year Employment Decline in Potter County

Of the area's industries (4-digit NAICS), the Farm product raw material merch. whls. industry faced the greatest employment loss with a total loss of 4 jobs during the time period. The jobs lost in the Farm product raw material merch. whls. industry make up 73.3 percent of the total employment decline in Potter County, South Dakota.

Top 2 Industries
1. Farm product raw material merch. whls. (4 jobs lost)
2. Grocery stores (13 jobs lost)

Total One-Year Employment Growth in Potter County

Out of the 4-digit NAICS industries, the Residential building construction industry has brought the most jobs with a total of 5 new jobs created in the period. The job growth in the Residential building construction industry makes up 88.9 percent of the total employment growth in Potter County.

Top 3 Industries
1. Residential building construction (5 new jobs)
2. Health and personal care stores (11 new jobs)
3. Building material and supplies dealers (10 new jobs)

Potter County One-Year Percentage Growth in Employment

The Residential building construction industry has experienced the largest percentage growth, expanding by 53.3 percent from 2005 (2nd quarter) to 2006 (2nd quarter). This industry sector in Potter County has increased employment faster than the overall industry growth seen in the State of South Dakota, where this industry saw a loss of 1.2 percent. The Residential building construction industry in Potter County outpaced the nation in terms of industry employment growth . During this period, the nation gained 5.5 percent of the employment in this industry.

Top 2 Industries
1. Residential building construction (53.3 percent gain)
2. Insurance agencies, brokerages, and related (20.0 percent gain)

Potter County One-Year Percentage Decline in Employment

The Automotive repair and maintenance industry has lost the biggest percent of jobs, losing 9.5 percent of the jobs from 2005 to 2006. These have declined faster than the industry has experienced in the State of South Dakota, where the industry sector experienced a loss of 0.6 percent. The losses in the Automotive repair and maintenance industry in Potter County outpaced the United States industry losses overall. During this period, the United States lost 0.4 percent in terms of employment in the Automotive repair and maintenance industry.

Top 3 Industries
1. Automotive repair and maintenance (9.5 percent decline)
2. Farm product raw material merch. whls. (5.1 percent decline)
3. Depository credit intermediation (3 percent decline)

The total number of jobs has increased by 3.9 percent since the 2nd Quarter figures of 2005. This change is greater than percent in the State of South Dakota, which went through a gain of 2.5 percent since 2005 ( 2nd Quarter). The gains felt were greater than than the gain experienced overall in the US of 2.0 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.

Thursday, January 11, 2007

Income and Poverty in Potter County, South Dakota

In Potter County, South Dakota White householders had a median income (2005 Dollars) of $35,100 as reported by the Decennial Census of 2000, which was 0.3 percent less than the median in the year 2000. It was reported in 2000 that the Asian headed households had median household incomes of $207,512. This household income level is 489.5 percent greater than the reported median household income, in the area, for all households. The American Indian and Alaska Native households in Potter County reported an income level of $36,563, this level was 3.9 percent greater than the median income level in this area.

When compared to other counties (and parishes) throughout the United States, Potter County had a medium-low household income of $35,201 (Adjusted to 2005 Dollars). This is 17.3 percent lower than the median income in State of South Dakota of $41,280 and the median is 39.6 percent lower than the median household income in the United States of $49,133.

Contrasted against to other counties (or parishes) throughout the US, Potter County, South Dakota may be understood as having a medium-low poverty rate amongst the population, with a poverty rate of 12.6 percent of people living in a family with an income below the poverty level in 1999. The Hispanic race/ethnicity demographic group, represents the largest rate of poverty with 100 percent of the population in 2000 living in poverty. Individuals aged Under 5 years have the largest percent of population in poverty in Potter County, with 23.5 percent of this demographic group living with incomes under poverty.







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

Wednesday, December 20, 2006

In Potter County, South Dakota as reported in the 2000 Census, 16.2 percent of the White Alone, . percent of Black or African American, 50 percent of the Asian alone and . percent of the Hispanic or Latino population (over 25) has obtained a Bachelors Degree or Higher.

Potter County, South Dakota may to understood as having a moderately-educated population, with 16.2 percent of the population (+25) having received a BA or higher, as reported the 2000 Decennial Census. Potter has a lower percent of highly educated individuals 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 2000, the Census reported that in Potter County, South Dakota, many men in the area have reached the High School Diploma category, with 38.6 percent receiving this level of education. The women in Potter on average have achieved a lower level of higher education (Bachelors or Higher) than men; 16.6 percent (Men) versus 16 percent (Women). A high proportion of the female population in the area has reached the High School Diploma category, with 36.2 percent of women in the area reaching this education level.





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

Wednesday, November 29, 2006

When calculating the total land area, Potter encompasses a total area of 866 total square miles. The area has a very low average population density of 3 persons per square mile. Other counties with similar densities in the US include: -- more densely populated -- Graham, KS (3 per sq. mile ), Hamilton, NY (3 per sq. mile ), Sierra, NM (3 per sq. mile ), -- less densely populated -- Powell, MT (3 per sq. mile ), Converse, WY (3 per sq. mile ), Custer, MT (3 per sq. mile ).

The U.S. Census Bureau, in the year 2005, estimated a median age in Potter County, South Dakota to be 49.3 years old. The median in Potter is greater than the median in South Dakota of 37.0. Since 2000, the area has experienced an increase in the median age, when it was 45.9 years old. With a total of 19 percent of the 2005 population being made up of children and youth younger than 18, Potter can be described as having a relatively low percent of individuals under 18. The working age population group (18-64) has a relatively low presence of the population, with 55 percent of the population falling in this age category. The retirement (65 and over) group makes up 26 percent of the total population in the area. Compared to other counties in the US, this represents a relatively high percent of the population.

Potter County, South Dakota had a population of 2,351 for the year 2005. The total population has decreased sharply, from the population in the year 2000 of 2,680. The decline denotes a decrease of -12.3 percent. Potter ranks 55 of 66 counties by growth in total population in South Dakota and the county ranks 2,554 of 3,141 counties by growth in county population in the United States.

From 2000, a very low number of individual migrated to the Potter internationally. The international migration into Potter accounts for 0 percent of all immigration into South Dakota. This amount of international migration is very low when comparing levels of immigration per population in 2005.

Potter County, South Dakota has a population base that is comprised of 98.1 percent White, 0 percent African American, 0.2 percent Asian, and 0.3 percent Hispanic. The area population base can be described as having a very modest level of racial and ethnic diversity, with 0.5 percent of the population made up of minorities. This is less than the State of South Dakota percent of 3.5. Since 2000, Potter has increased the percent of minority makeup when 0.3 percent of the total population were minorities.

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

Monday, November 13, 2006

Potter County recorded a median home value in 2000 of $42,800, according to the Decennial Census. This is less than the State of South Dakota 2000 median owner-occupied dwelling value of $79,600 and less than home value of $119,600 for the rest of the nation in that year.

In the State of South Dakota, Potter County stands 29 of 66 in terms of growth of new housing structures between 2001 and 2005. The county stands 1,669 of 3,141, when comparing thee change in housing structures in counties throughout the nation.

There seems to be a abundant amount of real estate that is affordable in Potter County, South Dakota. In 2000, 99 percent of the homes were valued under $125,000.

In Potter County, there were a total of 1,823 housing structures in 2005. The area has seen growth in housing units, adding all together 43 housing units since the year 2001, or 2.4 percent.





Data Source: U.S. Census Bureau

Monday, October 30, 2006

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

In Potter County, Wholesale trade, Health care and social assistance and Agriculture, forestry, fishing and hunting have the highest US LQ in 2005. The Wholesale trade industry has a US LQ in the county of 3.49. The level of employment in the Wholesale trade industry is 3.49 times the percent of the national average, This signifies that Potter County produces more than its local requirement of products and/or services of Wholesale trade.

In Potter County, Health care and social assistance, Wholesale trade, and the Retail Trade sectors, in terms of total employment, are the largest. Health care and social assistance produces the largest number of jobs in the area accounting for 23.7 percent of all the jobs in the county. This makes up 166 employees. The Wholesale trade and Retail Trade sectors account for 18.2 and 16 percent of industry employment.

Accommodation and food services is an attractive industry due to its high level of job growth since the year 2001 in Potter County, increasing in size by 10.1 percent. This is greater than the national sector change of 7.6 percent. The State of South Dakota went through a industry job change of 7.7 percent, during the time since 2001.

Health care and social assistance has the largest businesses in Potter County. In the County, the industry averages 18 workers per each place of employment, being less than the US industry average of 21 and less than the South Dakota average of 24 for the Health care and social assistance industry.

Potter County ranks 44 of 67 total Counties throughout South Dakota in terms the size of total employment in 2005. This ranking has moved up from the year 2001, at which time the County was ranked 42 of 67 Counties.







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

 

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