In Benton County, jobs in the electronic markets and agents and brokers pay the highest wages

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Jobs in the electronic markets and agents and brokers industry paid the average highest wages in Benton County for the 2nd quarter of 2006. The average worker in the industry in Benton County received a wage of $61,951 in 2006. The annual wage is less than the industry wage rate in Tennessee of $66,190 and less than then the wage for jobs in this industry at the United States Level of $67,074.

High-wage employment in Benton County, Tennessee exsists in other miscellaneous store retailers ($36,402), depository credit intermediation ($33,727), general freight trucking ($29,150) and building equipment contractors ($27,229) 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.

Benton County Wages have increased by 6.9% Since 2001

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From the second quarter of 2001 to the second quarter of 2006, industry wages have increased in Benton County, Tennessee by a total of 6.9%. This is less than the growth in average industry wages for Tennessee and less than the growth in average industry wages for the United States.

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.

Benton County Industry Wages Lag Behind Tennessee, and Wages Lag Behind the United States

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The average total wages in all industries in Benton County, Tennessee when analyzed can be described as relatively low when analyzed with other Counties in the state. The overall wages are 35.4 percent lower than the reported averages in the state of $36,146. The average industry wage was less 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.

Benton County Five-Year Industry Employment Change

Benton County Five-Year Percentage Decline in Employment

The Other miscellaneous store retailers industry has lost the largest amount of employment in terms of percentage, losing 39.2 percent from 2001 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry sector has felt in the State of Tennessee, where the industry reported a loss of 3.5 percent. The losses in the Other miscellaneous store retailers industry in Benton County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States lost 1.5 percent in terms of employment in the Other miscellaneous store retailers industry.

Top 5 Industries
1. Other miscellaneous store retailers (39.2 percent decline)
2. Offices of real estate agents and brokers (31.8 percent decline)
3. Specialized freight trucking (23.6 percent decline)
4. General freight trucking (20.9 percent decline)
5. Child day care services (15.4 percent decline)

Total employment has decreased by 8.4 percent from 2001 (2nd Quarter). These figures are greater than growth in the State of Tennessee, which went through a gain of 3.3 percent since 2001 ( 2nd Quarter). The losses in the area were greater than than the gain felt at the national level of 2.6 percent.

Benton County Five-Year Percentage Growth in Employment

The Building equipment contractors industry has seen the largest percentage job growth, expanding by 128.3 percent from 2001 to 2006. This industry in Benton County has expanded faster than the growth seen in the industry for Tennessee, where it saw a gain of 2.5 percent. The Building equipment contractors industry in Benton County outpaced the United States, which experienced a gained 5.3 percent in this industry.

Top 5 Industries
1. Building equipment contractors (128.3 percent gain)
2. Offices of physicians (54.8 percent gain)
3. Offices of other health practitioners (54.0 percent gain)
4. Legal services (32.7 percent gain)
5. Depository credit intermediation (10.9 percent gain)

Total Five-Year Employment Decline in Benton County

From of the area's 4-digit NAICS industries, the General freight trucking industry faced the greatest employment loss with a total loss of 33 jobs in that time period. The declines in the General freight trucking industry make up 48.3 percent of the employment lost during the period in Benton County, Tennessee.

Top 5 Industries
1. General freight trucking (33 jobs lost)
2. Specialized freight trucking (23 jobs lost)
3. Other miscellaneous store retailers (7 jobs lost)
4. Child day care services (3 jobs lost)
5. Offices of real estate agents and brokers (2 jobs lost)

In Benton County, Tennessee, the aggregate employment for all industry sectors has decreased by 288 total jobs from 2001 to 2006.

Given the 14 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 6 accounted an for increase in employment during the period and 8 industries reported a drop in employment.

Total Five-Year Employment Growth in Benton County

The Building equipment contractors industry has added the most employment with 48 jobs added during the time period. These new jobs in the Building equipment contractors industry makes up 52.0 percent of the growth in Benton County.

Top 5 Industries
1. Building equipment contractors (48 new jobs)
2. Offices of physicians (13 new jobs)
3. Depository credit intermediation (11 new jobs)
4. Offices of other health practitioners (9 new jobs)
5. Legal services (6 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.

Benton County One-Year Industry Employment Change

In Benton County, Tennessee, the total number of workers for all sectors has increased by 9 jobs between mid-2005 and mid-2006.

Given the 19 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 11 accounted an for increase in employment during the period and 6 industries reported a drop in employment.

Total One-Year Employment Growth in Benton County

The Building equipment contractors industry has accounted the most employment growth with a total of 13 total jobs brought in during the period. The growth in the Building equipment contractors industry makes up 55.6 percent of the total growth in Benton County.

Top 5 Industries
1. Building equipment contractors (13 new jobs)
2. Legal services (7 new jobs)
3. Consumer goods rental (3 new jobs)
4. Employment services (52 new jobs)
5. Limited-service eating places (51 new jobs)

Total One-Year Employment Decline in Benton County

The General freight trucking industry witnessed the largest drop in employment, losing a total of 83 jobs during the time period. The jobs lost in the General freight trucking industry make up 51.1 percent of the employment lost during the period in Benton County, Tennessee.

Top 5 Industries
1. General freight trucking (83 jobs lost)
2. Gasoline stations (26 jobs lost)
3. Specialized freight trucking (24 jobs lost)
4. Grocery stores (8 jobs lost)
5. Offices of physicians (6 jobs lost)

Benton County One-Year Percentage Decline in Employment

The General freight trucking industry has seen the largest percentage drop in employment, losing 39.8 percent of the jobs from 2005 to 2006. These have declined faster than the industry sector has gone through in the Tennessee, where the industry sector experienced a gain of 2.5 percent. The losses in the General freight trucking industry in Benton County outpaced the United States industry losses overall. During this period, the United States gained 2.3 percent in terms of employment in the General freight trucking industry.

Top 5 Industries
1. General freight trucking (39.8 percent decline)
2. Offices of real estate agents and brokers (28.6 percent decline)
3. Other miscellaneous store retailers (27.9 percent decline)
4. Specialized freight trucking (24.4 percent decline)
5. Auto parts, accessories, and tire stores (19.2 percent decline)

Benton County One-Year Percentage Growth in Employment

The Legal services industry has experienced the largest percentage growth, expanding by 37.7 percent from the 2nd quarter of 2005 to the 2nd quarter of 2006. This industry sector in Benton County has grow faster than the industry has grown in the State of Tennessee, where this industry saw a gain of 0.8 percent. The Legal services industry in Benton County outpaced the United States, which experienced a gained 0.6 percent.

Top 5 Industries
1. Legal services (37.7 percent gain)
2. Building equipment contractors (18.3 percent gain)
3. Consumer goods rental (18.0 percent gain)
4. Offices of dentists (4.2 percent gain)
5. Offices of other health practitioners (1.3 percent gain)

The total number of jobs has increased by 0.3 percent from the reported values in 2005. These values are less than percent in the State of Tennessee, which experienced a gain of 1.9 percent since the 2nd Quarter of 2005. The gains the area experienced were less 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.

Income and Poverty in Benton County, Tennessee

Evaluated with other counties (or parishes) across the nation, Benton County, Tennessee can be recognized as having a medium-high poverty rate amongst the population, with a poverty rate of 15.6 percent with a family income under the 1999 poverty level. The American Indian and Alaska Native race/ethnicity demographic category, owns the foremost rate of poverty with 58.2 percent of the 2000 population living in poverty. People that are of the age Under 5 years have the largest percent of population in poverty in Benton County, reporting 27.1 percent of this demographic group living with incomes under poverty.

When compared to other counties (and parishes) throughout the United States, Benton County reported a relatively low median household income of $33,554 (Adjusted to 2005 Dollars). This is 26.8 percent lower than the median income in State of Tennessee of $42,541 and the income level is 46.4 percent lower than the median household income level in the US of $49,133.

In Benton County, Tennessee White householders had a median household income (in 2005 Dollars) of $33,893 as reported in 2000 by the census, which was 1 percent greater than the median household income in 2000. Black or African American headed households had a median household income that was 52.8 percent less than the total 2000 reported median, with a their median reported to be $15,844. Hispanic households in Benton County, Tennessee recorded a median income of $64,496, this median is 92.2 percent greater than the reported median household income for all households in the area. The American Indian and Alaska Native householders in Benton County had a median income of $21,938, which was 34.6 percent less than the median income level in this area.







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

Higher Education in Benton County, Tennessee

Benton County, Tennessee can be considered to have a less-educated working age population, with 6.4 percent of the population (+25) having received at least a Bachelors Degree, as reported in the Decennial Census of 2000. Benton counted a lower percent of the population with at least a Bachelors than the State of Tennessee's proportion of 19.6 percent and a lower percent than the national average of 24.4 percent.

In Benton County, Tennessee as reported in the 2000 Census, 6.2 percent of the White Alone, 12.8 percent of Black or African American, 50 percent of the Asian alone and 30.2 percent of the Hispanic or Latino (+25) population has achieved at least a Bachelors Degree.

According to the 2000 Decennial Census in Benton County, Tennessee, many men in the area have reached the High School Diploma category, with 41.4 percent receiving this level of education. The women in Benton have attainment on average a lower level of higher education (Bachelors or Higher) than men -- 6.6 percent (Men) versus 6 percent (Women). Many of the women in the area have achieved the High School Diploma category, with 43.4 percent of the women population in the area achieving this level of education.





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

Housing Report for Benton County, Tennessee

In Benton County, there were a total of 8,934 housing units in the year 2005. This represents a growth in housing units, adding all together 193 homes since 2001, or 2.2 percent.

In the State of Tennessee, Benton County ranks 80 of 95 in terms of percentage growth in new housing structures. The county ranks 1,808 of 3,141, comparing the percentage change in residential in other US counties.

Benton County had a median home value in the year 2000 of $67,000, according to the Decennial Census. This home value is less than the overall Tennessee 2000 home value of $93,000 and less than median home value of $119,600 for the United States in the same year.

There is a large amount of housing that is affordable in Benton County, Tennessee. In 2000, 85.4 percent of the homes were valued under $125,000.





Data Source: U.S. Census Bureau

Employment Report for Benton County, Tennessee -- Annual 2005 Industry Summary

Real estate and rental and leasing from 2001-2005 had the highest increase in employment in Benton County, with a job growth of 56.3 percent. This is greater than the national sector change of 4.3 percent. The State of Tennessee experienced a sector employment shift of 4.2 percent, in the last 5 years.

Manufacturing has the largest employers in Benton County, averaging 36 jobs per establishment, which is less than the industry's average at the national level of 39 and less than the State of Tennessee average of 56 for the Manufacturing industry.

In Benton County, Transportation and Warehousing, Manufacturing and Health care and social assistance are the three industries with the highest location quotients. The Transportation and Warehousing industry has a US LQ in the county of 2.67. The percent of employment in the Transportation and Warehousing sector is 2.67 times greater than the national average, signifying that Benton may be an exporter of products or services of Transportation and Warehousing.

In Benton County, Manufacturing, Retail Trade, and the Health care and social assistance industries have the largest percent of jobs of all industries. The Manufacturing is the major employer in the county making up 22 percent of all the jobs in the county. This makes up 689 employees. The Retail Trade and Health care and social assistance industries make up 18.9 and 18.3 percent of all employment.

Manufacturing since the year 2001 was faced with the largest loss in employment in Benton County. The industry lost a total of 224 jobs, or 24.5 percent of employment in the sector. These losses made up 52.7 percent of all employment losses in the county.

Benton County is ranked number 69 of 96 Counties in the State of Tennessee 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 67 of 96 Counties.





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