Wednesday, March 21, 2007

In Hancock County, jobs in the grocery stores pay the highest wages


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People with jobs in the grocery stores industry paid the average highest wages in Hancock County for the 2nd quarter of 2006. The average worker in the industry in Hancock County was paid an annual wage of $14,194 in 2nd quarter of 2006. The wage rate is less than the average industry wage in the State of Tennessee of $17,985 and less than then the wage for jobs in this industry in the US of $20,109.

Other high-paying jobs in Hancock County, Tennessee can be found in other general merchandise stores ($12,498), gasoline stations ($10,696), oilseed and grain farming (.) and vegetable and melon farming (.) industries. Note: Click Graph Above 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.

Friday, March 09, 2007

Hancock County Wages have increased by 12.7% Since 2001


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From 2001 to 2006, average industry wages increased in Hancock County, Tennessee by a total of 12.7%. This is less than the growth in industry wages for the State of Tennessee and less 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.

Tuesday, February 27, 2007

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


(Click Image to Enlarge Graph)



Total wages in all industries in Hancock County, Tennessee when analyzed can be described as very low when analyzed with other Counties in the state. The overall wages are 48.3 percent lower than the reported averages in the state of $36,146. The overall 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.

Friday, February 23, 2007

Hancock County Five-Year Industry Employment Change

Employment for all industries has decreased by 8.4 percent since the 2nd Quarter figures of 2001. This change is greater than growth in the State of Tennessee, which went through a gain of 3.3 percent since 2001 ( 2nd Quarter). The losses were greater than than the gain seen for the United States of 2.6 percent.

Hancock County Five-Year Percentage Decline in Employment

The Gasoline stations industry has lost the biggest percent of jobs, losing 52 percent of the jobs from 2001 to 2006. These have declined faster than the industry sector has gone through in the Tennessee, where the it saw a loss of 10.7 percent. The losses in the Gasoline stations industry in Hancock County outpaced the United States industry losses overall. During this period, the United States lost 6.4 percent in terms of employment in the Gasoline stations industry.

Top 1 Industries
1. Gasoline stations (52 percent decline)

Hancock County Five-Year Percentage Growth in Employment

The Grocery stores industry has experienced the largest percentage growth, expanding by 15.9 percent from the 2nd quarter of 2001 to the 2nd quarter of 2006. This industry sector in Hancock County has grow faster than the industry has grown in the State of Tennessee, where the industry felt a loss of 7.8 percent. The Grocery stores industry in Hancock County outpaced the national average, which felt a lost 3.5 percent in this industry.

Top 1 Industries
1. Grocery stores (15.9 percent gain)

In Hancock County, Tennessee, the aggregate employment for all industry sectors has decreased by 56 total jobs between the 2nd Quarter of 2001 and 2nd Quarter of 2006.

Total Five-Year Employment Decline in Hancock County

From of the area's 4-digit NAICS industries, the Gasoline stations industry faced the greatest employment loss with a total loss of 26 jobs during the time period. The jobs lost in the Gasoline stations industry make up 98.7 percent of the employment lost during the period in Hancock County, Tennessee.

Top 1 Industries
1. Gasoline stations (26 jobs lost)

Total Five-Year Employment Growth in Hancock County

Out of the 4-digit NAICS industries, the Grocery stores industry has brought the most jobs with a total of 4 employees finding new jobs in the industry. The employment growth in the Grocery stores industry makes up 91.7 percent of the total number of new jobs in Hancock County.

Top 1 Industries
1. Grocery stores (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

Hancock County One-Year Industry Employment Change

Employment for all industries has increased by 23 percent from 2005 (2nd Quarter). These figures are greater than percent in Tennessee, which went through a gain of 1.9 percent from the 2nd Quarter of 2005. The gains in the area were greater than than the gain reported at the US level of 2.0 percent.

Hancock County One-Year Percentage Decline in Employment

The Utility system construction industry has lost the biggest percent of jobs, losing 68.9 percent from 2005 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry has seen in the Tennessee, where the industry felt a gain of 6.2 percent. The losses in the Utility system construction industry in Hancock County outpaced the United States industry losses overall. During this period, the United States gained 7.4 in percent of jobs in the Utility system construction industry.

Top 5 Industries
1. Utility system construction (68.9 percent decline)
2. Commercial equip. merchant wholesalers (66.5 percent decline)
3. Private households (41.9 percent decline)
4. Book, periodical, and music stores (39.2 percent decline)
5. Office administrative services (37.7 percent decline)

Hancock County One-Year Percentage Growth in Employment

The Grocery stores industry has experienced the largest percentage growth, expanding by 8.1 percent from 2005 to 2006. This industry in Hancock County has grow faster than the industry has grown in the State of Tennessee, where the industry felt a gain of 0.9 percent. The Grocery stores industry in Hancock County outpaced the United States, which experienced a gained 0.3 percent of the employment in this industry.

Top 2 Industries
1. Grocery stores (8.1 percent gain)
2. Gasoline stations (1.4 percent gain)

Total One-Year Employment Decline in Hancock County

From of the area's 4-digit NAICS industries, the Rubber product manufacturing industry faced the greatest employment loss with a total loss of 186 jobs. The declines in the Rubber product manufacturing industry make up 17.2 percent of the employment lost during the period in Hancock County, Tennessee.

Top 2 Industries
1. Rubber product manufacturing (186 jobs lost)
2. Utility system construction (89 jobs lost)

In Hancock County, Tennessee, the aggregate employment for all industry sectors has increased by 114 jobs from mid-2005 to mid-2006.









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 Hancock County, Tennessee

Contrasted against to other counties (or parishes) throughout the US, Hancock County, Tennessee can be considered to have a very high rate of poverty among its population, accounting a rate of 29.4 percent of people living in a family with an income below the poverty level in 1999. The American Indian and Alaska Native race/ethnicity population cohort, has the uppermost poverty rate with 100 percent of the population in 2000 living in poverty. Individuals aged 6 to 11 years have the largest percent of population in poverty in Hancock County, with 42 percent of the population in this age category living in poverty.

When compared to other counties (and parishes) throughout the United States, Hancock County accounted a very low median income for all households of $23,119 (2005 Dollars). The income level is 84 percent lower than the median in State of Tennessee of $42,541 and the median is 112.5 percent lower than the median in the US, which is $49,133.

The American Indian and Alaska Native households in Hancock County reported a median household income of $2,924, this level was 87.4 percent less than the median level for total households in the area. According to the 2000 Census, the Asian headed households in the area have median household incomes of $45,338. This median income level is 96.1 percent greater than the reported median for all households in the area. Black or African American householders reported household income levels that were 22.8 percent less than the overall reported level in 2000, with a reported median of $17,843. In Hancock County, Tennessee White householders had a median household income (in 2005 Dollars) of $23,122 as reported by the Decennial Census of 2000, which was only slightly greater than the median household income in 2000. Hispanic households in Hancock County, Tennessee reported a median household income of $10,481, which is 54.7 percent less than reported value of the areas total household median income for all households.







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

Wednesday, December 20, 2006

Higher Education in Hancock County, Tennessee

Hancock County, Tennessee may to understood as having a less-educated working age population, with 10.2 percent of the population (+25) having received at least a Bachelors Degree, as reported in the Decennial Census of 2000. Hancock 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 US proportion of 24.4 percent.

In Hancock County, Tennessee according the 2000 Decennial Census, 10.2 percent of the White Alone, 0 percent of Black or African American, 46.2 percent of the Asian alone and 16.6 percent of the Hispanic or Latino population, over the age 25, has achieved a Bachelors Degree or Higher.

In 2000, the Census reported that in Hancock County, Tennessee, many men in the area have reached the Less than High School category, with 44.4 percent obtaining this level of education. The women in Hancock have achieved a greater level of higher education (Bachelors or Higher) than men; 10.2 percent (Men) versus 10.2 percent (Women). The most common level of education for women in the area is Less than High School category, with 43.8 percent of the female population achieving this education level.





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

Wednesday, November 29, 2006

Demographic Profile for Hancock County, Tennessee

By measuring total land area, Hancock spans a total of 222 square miles. This area has a low average area density of 30 persons per square mile, in 2005. Other US counties with similar densities include: -- more densely populated -- Gallatin, MT (30 per sq. mile ), De Soto, LA (30 per sq. mile ), Lewis, WA (30 per sq. mile ), -- less densely populated -- Finney, KS (30 per sq. mile ), Telfair, GA (30 per sq. mile ), Crawford, WI (30 per sq. mile ).

The U.S. Census Bureau, in the year 2005, estimated a median age in Hancock County, Tennessee to be 40.4 years of age. The median age in Hancock is greater than the median age for the State of Tennessee of 37.3. Since 2000, the area has experienced an increase in the median age, at that time the median was 39.3 years old. With a total of 20.2 percent of the 2005 population being comprised of individuals under the age of 18, Hancock can be understood as being made up of a medium-low proportion of youths. The working age population group (18-64) has a medium-high representation within the population, making up 64.7 percent of the population makes up this age category. The retirement (65 and over) age group comprises 15.1 percent of the total population in the area. Compared to other counties in the US, this represents a medium-high proportion of the population.

From 2000, a very low amount of people have migrated to Hancock internationally. The international migration into Hancock makes up 0 percent of immigration into the State of Tennessee. This percent of immigration can be considered very low when analyzed against immigration per population in 2005.

Hancock County, Tennessee has a population that is made of 98.6 percent White, 0.5 percent African American, 0.1 percent Asian, and 0.4 percent Hispanic. The population mix can be considered to have a very modest level of diversity, with 1.0 percent of the population being minorities. This is less than the State of Tennessee percent of 20.9. Since 2000, Hancock has increased in diversity when 0.9 percent of the population were minorities.

Hancock County, Tennessee had a total estimated population of 6,704 in 2005. The total population has decreased, since the population in 2000 of 6,776. The decline represents a decrease of -1.1 percent. Hancock ranks 84 of 95 counties when analyzing total population change in Tennessee and the county ranks 2,071 of 3,141 counties when analyzing total county population change across the nation.

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

Monday, November 13, 2006

Housing Report for Hancock County, Tennessee

In Hancock County, there were a total of 3,379 housing units in the year 2005. This represents a growth in housing units, adding all together 60 homes since 2001, or 1.8 percent.

The State of Tennessee, Hancock County places 89 of 95 in terms of percentage growth in new housing structures. The county ranks 2,081 of 3,141, in terms of residential real estate percentage change change in the United States.

According to the data, there is a large amount of affordable housing in Hancock County, Tennessee. In 2000, 92.6 percent of the homes were valued under $125,000.

Hancock County had a median home value in the year 2000 of $53,900, accounted by the Decennial Census. This is less than the overall State of Tennessee 2000 home value of $93,000 and less than home value of $119,600 for the rest of the nation in that year.





Data Source: U.S. Census Bureau

Monday, October 30, 2006

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

Manufacturing since the year 2001 lost the most jobs in Hancock County. The sector faced a loss of 150 employees during the period, or 49.5 percent of employment in the sector. These losses made up 98.7 percent of the total jobs loss in the County.

Manufacturing has the largest businesses in Hancock County, with the industry averaging 51 jobs per place of business. This is greater than the industry's average at the national level of 39 and less than the Tennessee typical size of 56 for the Manufacturing industry.

Health care and social assistance from 2001-2005 had the highest increase in employment in Hancock County, moving a total of 34 percent. This is greater than the national employment change in the industry of 10.6 percent. The State of Tennessee saw a change in employment in the sector of 15.2 percent, in the recent period of 2001-2005.

In Hancock County, Manufacturing, Health care and social assistance and Construction have the highest US LQ in 2005. The Manufacturing sector has a United State LQ of 2.32. This means the percent of total employment in the Manufacturing industry is 2.32 times more than the average percent in the United States, revealing signs that Hancock may be an exporter of products or services of Manufacturing.

The Manufacturing has seen the largest decrease in industry presence in Hancock County, from the year 2001 to 2005, accounting for 47.3 percent of employment in 2001 to 29.7 percent of total employment in the year 2005.

In Hancock County, Manufacturing, Health care and social assistance, and the Retail Trade industries have the largest percent of jobs of all industries. The Manufacturing provides the most jobs and contributes 29.7 percent of total employment in the county, making up 153 jobs. The Health care and social assistance and Retail Trade industries total 25.2 and 24.1 percent of the total jobs, respectively.





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

 

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