In Knox County, jobs in the other heavy construction pay the highest wages

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Individuals that are employed in the other heavy construction industry paid the average highest wages in Knox County for 2006. The average industry job in Knox County received a wage of $114,775 in 2006. The annual wage is greater than the average industry wage in the State of Tennessee of $58,172 and greater than then the pay for jobs in this industry in the United States of $52,041.

High-wage employment in Knox County, Tennessee can be found in securities and commodity contracts brokerage ($97,865), electronic instrument manufacturing ($79,294), motion picture and video industries ($76,349) and computer systems design and related services ($76,200) 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.

Knox County Wages have increased by 20.0% Since 2001

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Since 2001, industry wages increased in Knox County, Tennessee by a total of 20.0%. This is greater than the growth in average industry wages for Tennessee and greater 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.

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

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Total wages in all industries in Knox County, Tennessee can be described as relatively high when compared to other 2nd quarter of 2006 County wages throughout the state. The average pay is 4.4 percent lower than the state, which was reported to be $36,146. The overall industry wage 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.

Knox County Five-Year Industry Employment Change

Total Five-Year Employment Growth in Knox County

Out of the 4-digit NAICS industries, the Full-service restaurants industry has accounted the most employment growth with a total of 2,227 new jobs created in the period. The job growth in the Full-service restaurants industry makes up 8.9 percent of the total growth in Knox County.

Top 5 Industries
1. Full-service restaurants (2,227 new jobs)
2. Limited-service eating places (1,600 new jobs)
3. Activities related to credit intermediation (1,449 new jobs)
4. General medical and surgical hospitals (1,232 new jobs)
5. Offices of physicians (1,046 new jobs)

Total Five-Year Employment Decline in Knox County

The Gasoline stations industry witnessed the largest drop in employment, losing a total of 897 jobs in that time period. The declines in the Gasoline stations industry make up 11.2 percent of the jobs lost during the period in Knox County, Tennessee.

Top 5 Industries
1. Gasoline stations (897 jobs lost)
2. Traveler accommodation (599 jobs lost)
3. Lessors of nonfinancial intangible assets (497 jobs lost)
4. Building finishing contractors (415 jobs lost)
5. Department stores (366 jobs lost)

In Knox County, Tennessee, the total number of workers for all sectors has increased by 17,110 jobs from mid-2001 to mid-2006.

Given the 163 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 68 described an expansion of jobs throughout the time period, while 95 industry sectors reported declines during the time period.

Knox County Five-Year Percentage Growth in Employment

The Activities related to credit intermediation industry has seen the largest percentage job growth, expanding by 821.9 percent from 2001 to 2006. This industry in Knox County has added employment faster than the industry has grown in the State of Tennessee, where this industry saw a gain of 42.9 percent. The Activities related to credit intermediation industry in Knox County outpaced the US in terms of percent growth of industry employment. During this period, the US gained 49.5 percent of the industry employment.

Top 5 Industries
1. Activities related to credit intermediation (821.9 percent gain)
2. Support activities for road transportation (200.4 percent gain)
3. Colleges and universities (181.4 percent gain)
4. Motion picture and video industries (158.9 percent gain)
5. Remediation and other waste services (122.7 percent gain)

Knox County Five-Year Percentage Decline in Employment

The Lessors of nonfinancial intangible assets industry has seen the largest percentage drop in employment, losing 91.4 percent of the jobs from 2001 to 2006. These have declined faster than the industry sector has gone through in the Tennessee, where the industry sector experienced a loss of 37.8 percent. The losses in the Lessors of nonfinancial intangible assets industry in Knox County outpaced the US in terms of percent of decline of industry employment. The US lost 6.5 percent in terms of employees in the Lessors of nonfinancial intangible assets industry.

Top 5 Industries
1. Lessors of nonfinancial intangible assets (91.4 percent decline)
2. Sound recording industries (81.4 percent decline)
3. Rubber product manufacturing (66 percent decline)
4. Waste treatment and disposal (65.7 percent decline)
5. Household and institutional furniture mfg. (63 percent decline)

Total industry employment has increased by 9.9 percent from 2001 (2nd Quarter). These figures are greater than growth in Tennessee, which went through a gain of 3.3 percent since the 2nd Quarter of 2001. The gains felt were greater than than the gain seen for the United States of 2.6 percent.





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.

Knox County One-Year Industry Employment Change

Knox County One-Year Percentage Growth in Employment

The Lessors of nonfinancial intangible assets industry has witnessed the largest percentage of employment expansion, increasing by 110.4 percent from 2005 to 2006. This industry in Knox County has grow faster than the overall industry growth seen in the State of Tennessee, where the industry felt a gain of 4.5 percent. The Lessors of nonfinancial intangible assets industry in Knox County outpaced the national average, which felt a gained 7.2 percent of the industry employment.

Top 5 Industries
1. Lessors of nonfinancial intangible assets (110.4 percent gain)
2. Misc. nondurable goods merchant wholesalers (50.6 percent gain)
3. Vocational rehabilitation services (48.4 percent gain)
4. Colleges and universities (45.3 percent gain)
5. Data processing and related services (40.9 percent gain)

Knox County One-Year Percentage Decline in Employment

The Sound recording industries industry has lost the largest percent of jobs, losing 38.5 percent of the jobs from the 2nd quarter of 2005 to 2nd quarter of 2006. The losses of the area have declined faster than the industry sector has gone through in the Tennessee, where the industry reported a loss of 15.7 percent. The losses in the Sound recording industries industry in Knox County outpaced the United States industry losses overall. During this period, the United States lost 1.3 in percent of jobs in the Sound recording industries industry.

Top 5 Industries
1. Sound recording industries (38.5 percent decline)
2. Electric goods merchant wholesalers (31.8 percent decline)
3. Local messengers and local delivery (31.5 percent decline)
4. Book, periodical, and music stores (23 percent decline)
5. General rental centers (19.8 percent decline)

Employment for all industries has increased by 2.5 percent since the 2nd Quarter of 2005. This is greater than growth in Tennessee, which experienced a gain of 1.9 percent from the 2nd Quarter of 2005. The gains in the area were greater than than the gain felt at the national level of 2.0 percent.

Given the 175 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 68 described an expansion of jobs throughout the time period, while 105 industry sectors accounting for employment declines during that time period.

Total One-Year Employment Decline in Knox County

The Employment services industry experienced most substantial job loss, losing 492 jobs during the period. The employment lost in the Employment services industry make up 13.9 percent of the employment lost during the period in Knox County, Tennessee.

Top 5 Industries
1. Employment services (492 jobs lost)
2. Gasoline stations (340 jobs lost)
3. Department stores (317 jobs lost)
4. Electric goods merchant wholesalers (230 jobs lost)
5. Nondepository credit intermediation (191 jobs lost)

In Knox County, Tennessee, the total number of workers for all sectors has increased by 4,560 jobs from mid-2005 to mid-2006.

Total One-Year Employment Growth in Knox County

Of the industries (4-digit NAICS) in the area, the Services to buildings and dwellings industry has grown the most with 631 employees finding new jobs in the industry. The employment growth in the Services to buildings and dwellings industry makes up 8.3 percent of the growth in Knox County.

Top 5 Industries
1. Services to buildings and dwellings (631 new jobs)
2. Limited-service eating places (449 new jobs)
3. Grocery stores (434 new jobs)
4. Misc. nondurable goods merchant wholesalers (358 new jobs)
5. Building equipment contractors (358 new jobs)





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 Knox County, Tennessee

As the median income level saw a decline from 2000 to 2005 in Knox County, Tennessee, the Race/Ethnicity group that went through the most dramatic decline in household income was the Hispanic category. This group felt a decline of 14.1 percent from 2000 to 2005. The American Indian and Alaska Native population category was least influenced by the median household income decline in Knox County, seeing a 51 percent increase in household income, since the reported levels in 2000.

Contrasted against to other counties (or parishes) throughout the US, Knox County, Tennessee can be recognized as having a medium-low poverty rate amid the residents with a poverty rate of 12.6 percent of the individuals existing in families with incomes under the poverty level in 1999. The Black or African American race/ethnicity demographic category, owns the foremost rate of poverty with 32.3 percent of the people in 2000 living in poverty. The population that is aged Under 5 years have the largest percent of population in poverty in Knox County, reporting 17.6 percent of the population in this age category living in poverty.

Compared to other counties (and parishes) throughout the nation, Knox County had a medium-high median income for households of $43,821 (Adjusted to 2005 Dollars). This figure is 2.9 percent higher than the household income median in State of Tennessee of $42,541 and this is 12.1 percent lower than the median household income in the United States of $49,133.

The household income has declined from the 2000 values (inflation adjusted). The median income has decreased to $42,052, posting a 4 percent decline. Knox County, Tennessee, when analyzing percentage of decline, ranks 13 of 17 counties in percent of decline for median household income in the State of Tennessee. Knox County ranks 508 of 668 counties (or parishes) in terms of the decline in median income level for the United States.

In Knox County, Tennessee White headed households reported household income (in 2005 Dollars) of $46,102 according to the Decennial Census of 2000, which was 5.2 percent greater than the median in 2000. Hispanic in Knox County, Tennessee reported a median household income of $32,418, this income level is 26 percent less than the median reported for all households in the area. Black or African American headed households had a median household income that was 43.4 percent less than the overall reported level in 2000, with a reported median of $24,813. The households that were headed by an American Indian and Alaska Native individual in Knox County had a median income of $36,075, this median was 17.7 percent less than the areas median level for all households. The Asian householders in the area have reported their median household incomes at $45,471. This household income level is 3.8 percent greater than the reported median household income, in the area, for all households.

The poverty rate in Knox County, Tennessee has increased by 3.2 percent from the rates reported in the Decennial Census, moving from 12.6 percent to 15.8 percent.

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

Higher Education in Knox County, Tennessee

Knox County, Tennessee is made up of a highly-educated population of the working age, with 29 percent of the population (+25) having received at least a Bachelors Degree, as reported in the Decennial Census of 2000. Knox was reported to have a higher percent of population with this high education level than the State of Tennessee's proportion of 19.6 percent and a higher percent than United States proportion of 24.4 percent.

Since the year 2000, Knox has increased in the total percent of the over 25 population having a Bachelors Degree or Higher. This population group has grown by 1.0 percent to a total of 30 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 2005 State of Tennessee percent of 21.8 and greater than the United States percent of 27.2.

In 2000, the Census reported that in Knox County, Tennessee, the largest educational attainment category for men is the Bachelors Degree or Higher category, with 32.2 percent receiving this level of education. The women in Knox have attainment on average a lower level of higher education (Bachelors or Higher) than men -- 32.2 percent (Men) versus 26.2 percent (Women). The most common level of education for women in the area is High School Diploma category, with 28.4 percent of the female population achieving this education level.

In Knox County, Tennessee according the 2000 Decennial Census, 29.8 percent of the White Alone, 16.4 percent of Black or African American, 63.8 percent of the Asian alone and 30 percent of the Hispanic or Latino (+25) population 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 2.4 percent. By 2005, 34.4 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 stayed the same by a total of 0.0 percent. By the year 2005, a total of 26.2 percent of the total female population achieved this high level of education.

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

Housing Report for Knox County, Tennessee

In Knox County, the census reported 186,871 homes in the year 2005. This county has gone through a growth in housing units, adding in all 11,924 housing units since the year 2001, or 6.8 percent.

The owner-occupied dwellings in Knox County, Tennessee have seen large increases since their reported values in 2000. The values have increased by $28,300, or 28.7 percent, from when in 2000 they were valued at $98,500.

Knox County had a median home value in the year 2005 of $126,800, according to the American Community Survey. This home value is greater than the overall State of Tennessee 2005 home value of $114,000 and less than home value of $167,500 for the United States in the same year.

Knox County may be be described as having a medium proportion of residential real estate that is high priced. In 2005, the American Community Survey reports that 2.6 percent residential property is valued over $500k.

When compared to other counties in Tennessee, Knox County stands 16 of 95 in terms of percentage growth in new housing structures. The county ranks 560 of 3,141, in terms of residential real estate percentage change change in the United States.

There seems to be a fair amount affordable residential real estate in Knox County, Tennessee. In 2005, 49.1 percent of the homes were valued under $125,000.

Data Source: U.S. Census Bureau

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

Finance and insurance is an attractive industry due to its high level of job growth since the year 2001 in Knox County, growing in new jobs by 40 percent. This is greater than the rate of employment change across the nation of 4.8 percent. The State of Tennessee saw a change in employment in the sector of 2.2 percent, in the recent period of 2001-2005.

In Knox County, Retail Trade, Health care and social assistance, and the Accommodation and food services industries are the largest employment industries. The Retail Trade provides the most jobs and contributes 16.7 percent of the total county employment. This totals 31,069 jobs. The Health care and social assistance and Accommodation and food services sectors account for 15.5 and 12.2 percent of industry employment.

Management of companies and enterprises has a largest number of employee per establishment in Knox County. In the County, the industry averages 44 employees per business. This is greater than the industry's average in the United States of 40 and greater than the Tennessee average of 37 for the Management of companies and enterprises industry.











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