Wednesday, March 21, 2007

In Loudon County, jobs in the management and technical consulting services pay the highest wages


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Employment in the management and technical consulting services industry reported the top wages in Loudon County for 2006. The average industry job in Loudon County received a wage of $82,864 in 2006. The annual wage is greater than the industry pay the State of Tennessee of $54,916 and greater than then the pay for jobs in this industry in the United States of $67,321.

High-wage employment in Loudon County, Tennessee are present in architectural and structural metals mfg. ($75,977), commercial machinery repair and maintenance ($72,487), architectural and engineering services ($62,286) and grocery and related product wholesalers ($56,421) industries. Note: Clicking the Above Graphic Displays the Detailed 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

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


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Wages in all industries in Loudon County, Tennessee when analyzed can be described as relatively high when analyzed with other 2nd quarter of 2006 County wages throughout the state. The average pay is 7.3 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.

Friday, February 23, 2007

Loudon County Five-Year Industry Employment Change

Total Five-Year Employment Growth in Loudon County

From the industries (4-digit NAICS) in the area, the General freight trucking industry has added the most employment with 457 jobs added during the time period. These new jobs in the General freight trucking industry makes up 22.9 percent of the total number of new jobs in Loudon County.

Top 5 Industries
1. General freight trucking (457 new jobs)
2. Full-service restaurants (373 new jobs)
3. Other general merchandise stores (359 new jobs)
4. Building material and supplies dealers (147 new jobs)
5. Limited-service eating places (130 new jobs)

From the 38 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 10 accounted an for increase in employment during the period and 28 industry sectors accounting for employment declines during that time period.

Total Five-Year Employment Decline in Loudon County

Given the industries in the area, the Building equipment contractors industry has lost the most employment with a total loss of 45 jobs during the time period. The jobs lost in the Building equipment contractors industry make up 23.8 percent of the total employment decline in Loudon County, Tennessee.

Top 5 Industries
1. Building equipment contractors (45 jobs lost)
2. Gasoline stations (43 jobs lost)
3. Automobile dealers (27 jobs lost)
4. Lawn and garden equipment and supplies stores (24 jobs lost)
5. Other professional and technical services (13 jobs lost)

In Loudon County, Tennessee, the entire sum of jobs in all industries overall has increased by 2,364 jobs between mid-2001 and mid-2006.

Employment for all industries has increased by 25.9 percent since the 2nd Quarter figures of 2001. This change is greater than growth in Tennessee, which went through a gain of 3.3 percent from the 2nd Quarter of 2001. The gains felt were greater than than the gain seen for the United States of 2.6 percent.

Loudon County Five-Year Percentage Growth in Employment

The Other general merchandise stores industry has seen the largest percentage job growth, expanding by 862.4 percent from 2001 to 2006. This industry in Loudon County has added employment faster than the industry job growth experienced in Tennessee, where this industry saw a gain of 171.6 percent. The Other general merchandise stores industry in Loudon County outpaced the US in terms of percent growth of industry employment. During this period, the US gained 31.2 percent of the industry employment.

Top 5 Industries
1. Other general merchandise stores (862.4 percent gain)
2. Management and technical consulting services (451.2 percent gain)
3. Building material and supplies dealers (297.3 percent gain)
4. Architectural and engineering services (288.1 percent gain)
5. Personal care services (197.9 percent gain)

Loudon County Five-Year Percentage Decline in Employment

The Lawn and garden equipment and supplies stores industry has lost the largest percent of jobs, losing 56.8 percent of the jobs from 2001 to 2006. These have declined faster than the industry has experienced in the State of Tennessee, where the industry sector experienced a loss of 11.2 percent. The losses in the Lawn and garden equipment and supplies stores industry in Loudon County outpaced the US in terms of percent of decline of industry employment. The US lost 7.2 percent in terms of employment in the Lawn and garden equipment and supplies stores industry.

Top 5 Industries
1. Lawn and garden equipment and supplies stores (56.8 percent decline)
2. Business support services (41.8 percent decline)
3. Utility system construction (25.6 percent decline)
4. Building equipment contractors (24.8 percent decline)
5. Other heavy construction (22.2 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.

Monday, January 22, 2007

Loudon County One-Year Industry Employment Change

Loudon County One-Year Percentage Decline in Employment

The Child day care services industry has lost the largest amount of employment in terms of percentage, losing 41.4 percent from 2005 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry has experienced in the State of Tennessee, where the industry sector experienced a gain of 2.3 percent. The losses in the Child day care services industry in Loudon County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States gained 2.9 percent in terms of employment in the Child day care services industry.

Top 5 Industries
1. Child day care services (41.4 percent decline)
2. Health and personal care stores (37.4 percent decline)
3. Building foundation and exterior contractors (26.9 percent decline)
4. Management and technical consulting services (17.8 percent decline)
5. Other miscellaneous store retailers (13 percent decline)

Loudon County One-Year Percentage Growth in Employment

The Accounting and bookkeeping services industry has seen the largest percentage job growth, expanding by 53.7 percent from the 2nd quarter of 2005 to the 2nd quarter of 2006. This industry sector in Loudon County has grow faster than the industry job growth experienced in Tennessee, where this industry saw a gain of 8.4 percent. The Accounting and bookkeeping services industry in Loudon County outpaced the US in terms of percent growth of industry employment. During this period, the US gained 3.8 percent.

Top 5 Industries
1. Accounting and bookkeeping services (53.7 percent gain)
2. Misc. nondurable goods merchant wholesalers (46.7 percent gain)
3. Specialized freight trucking (42.9 percent gain)
4. Building equipment contractors (40.0 percent gain)
5. Personal care services (30.8 percent gain)

The total number of jobs has increased by 1 percent since the 2nd Quarter of 2005. This is less than percent in the State of Tennessee, which experienced a gain of 1.9 percent since 2005 ( 2nd Quarter). The gains in the area were less than than the gain seen for the United States of 2.0 percent.

Total One-Year Employment Growth in Loudon County

The Full-service restaurants industry has accounted the most employment growth with a total of 119 jobs added during the time period. These new jobs in the Full-service restaurants industry makes up 27.4 percent of the total growth in Loudon County.

Top 5 Industries
1. Full-service restaurants (119 new jobs)
2. General freight trucking (58 new jobs)
3. Limited-service eating places (55 new jobs)
4. Depository credit intermediation (46 new jobs)
5. Building equipment contractors (39 new jobs)

Total One-Year Employment Decline in Loudon County

The Health and personal care stores industry has lost the most employment with a total loss of 65 jobs in that time period. The declines in the Health and personal care stores industry make up 30.8 percent of the jobs lost during the period in Loudon County, Tennessee.

Top 5 Industries
1. Health and personal care stores (65 jobs lost)
2. Building foundation and exterior contractors (29 jobs lost)
3. Child day care services (29 jobs lost)
4. Gasoline stations (21 jobs lost)
5. Management and technical consulting services (16 jobs lost)

Given the 43 industries with industry data reported by the BLS in each quarter, 19 described an expansion of jobs throughout the time period, while 22 industries reported a drop in employment.

In Loudon County, Tennessee, the total number of workers for all sectors has increased by 113 total jobs from 2005 to 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 Loudon County, Tennessee

The American Indian and Alaska Native households in Loudon County reported an income level of $56,124, this median was 18.7 percent greater than the areas median level for all households. Hispanic households in Loudon County, Tennessee recorded a median income of $59,032, this median is 24.9 percent greater than reported value of the areas total household median income for all households. According to the 2000 Census, the Asian headed households in the area have median household incomes of $38,391. This household income level is 18.8 percent less than the reported median for all households in the area. Black or African American headed households had median income levels that were 49.2 percent less than the overall reported level in 2000, with a reported median of $24,027. In Loudon County, Tennessee White householders had a median income (2005 Dollars) of $47,649 as reported in 2000 by the census, which was 0.8 percent greater than the median income in 2000.

Evaluated with other counties (or parishes) across the nation, Loudon County, Tennessee may be understood as having a medium-low rate of poverty among the people, accounting a rate of 10.0 percent of the population with family incomes below the 1999 poverty level. The Hispanic race/ethnicity demographic category, owns the foremost rate of poverty with 34.5 percent of the people in 2000 living in poverty. The population that is aged Under 5 years have the most percent of people living in poverty in Loudon County, accounting 16.8 percent of this age cohort living in poverty.

When compared to other counties (and parishes) throughout the United States, Loudon County accounted a relatively high household income of $47,269 (2005 Dollars). The income level is 10 percent higher than the household income median in State of Tennessee of $42,541 and the median is 3.9 percent lower than the median for the rest of the nation, which is a reported $49,133.







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

Wednesday, December 20, 2006

Higher Education in Loudon County, Tennessee

In Loudon County, Tennessee as reported in the 2000 Census, 17.2 percent of the White Alone, 4 percent of Black or African American, 33.4 percent of the Asian alone and 8.4 percent of the Hispanic or Latino population, over the age 25, has achieved at least a Bachelors Degree.

According to the 2000 Decennial Census in Loudon County, Tennessee, the largest educational attainment category for men is the High School Diploma category, with 30.8 percent obtaining this level of education. The women in Loudon on average have achieved a lower level of higher education (Bachelors or Higher) than men -- 21 percent (Men) versus 13.2 percent (Women). The largest educational attainment category for women in this areas is High School Diploma category, with 35.4 percent of the women population in the area achieving this level of education.

Loudon County, Tennessee has a moderately-educated population of the working age, with 17 percent of the population (+25) having received at least a Bachelors Degree, as reported in the Decennial Census of 2000. Loudon is reported having a lower percent of individuals with higher educations than the State of Tennessee's proportion of 19.6 percent and a lower percent than the US proportion of 24.4 percent.





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

Wednesday, November 29, 2006

Demographic Profile for Loudon County, Tennessee

When measuring the total land area, Loudon spans a total area of 229 square miles. The land areas has a medium-low average population density of 190 persons per square mile. Other counties with similar densities in the US include: -- more densely populated -- Johnson, IA (191 per sq. mile ), Lowndes, GA (192 per sq. mile ), Adams, PA (192 per sq. mile ), -- less densely populated -- Washington, AR (190 per sq. mile ), Macon, IL (190 per sq. mile ), Schuylkill, PA (189 per sq. mile ).

Loudon County, Tennessee has a population base that is comprised of 93.9 percent White, 1.2 percent African American, 0.3 percent Asian, and 3.5 percent Hispanic. The population mix can be considered to have a very modest level of diversity, with 5.0 percent of the population being minorities. This is less than the State of Tennessee percent of 20.9. Since 2000, Loudon has increased the percent of minority population when 3.7 percent of the total population were minorities.

In 2005, the Census Bureau estimated the median age in Loudon County, Tennessee to be 41.5 years old. The median age in Loudon is greater than the median age in the State of Tennessee of 37.3. Since the year 2000, the area has seen an increase in the median, when the median age was 41.1 years old. With 20.7 percent of the 2005 population being made up of children and youth younger than 18, Loudon can be described as having a medium-low percent of individuals under 18. The working age population group (18-64) has a medium-low representation within the population, making up 61.1 percent of the population within the age category. People 65 years old and older make up 18.2 percent of the total population in the area. Compared to other counties in the US, this represents a medium-high percent of the population.

From 2000, a medium-low number of individual migrated to the Loudon internationally. The international migration into Loudon makes up 0.4 percent of all immigration into Tennessee. This amount of international migration is medium-low when comparing levels of immigration per population in 2005.

Loudon County, Tennessee had a total estimated population of 43,387 in 2005. The estimated population has increased sharply, from the population in the year 2000 of 39,229. This growth represents an increase of 10.6 percent. Loudon ranks 18 of 95 counties in terms of population growth in Tennessee and the county ranks 557 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 Loudon County, Tennessee

In the State of Tennessee, Loudon County stands 25 of 95 in terms of percentage growth in new housing structures. The county ranks 725 of 3,141, in terms of residential real estate percentage change change in the United States.

Loudon County has a medium proportion of residential real estate that is high priced. In 2000, the Decennial Census reports that 3 percent of the houses are valued over a half a million dollars.

It can be understood that there is a large amount affordable residential real estate in Loudon County, Tennessee. In 2000, 63.9 percent of owner-occupied dwellings were valued under $125k.

Loudon County recorded a median home value in 2000 of $97,300, accounted by the Decennial Census. This value is greater than the State of Tennessee 2000 median owner-occupied dwelling value of $93,000 and less than median owner-occupied dwelling value of $119,600 for the United States in the same year.

In Loudon County, the real estate market was made up of 18,592 housing units in the year 2005. This represents a growth in housing units, adding a total of 1,000 homes since 2001, or 5.7 percent.



Data Source: U.S. Census Bureau

Monday, October 30, 2006

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

Transportation and Warehousing in the period of 2001 to 2005 had the largest increase in employment in Loudon County, moving a total of 105.3 percent. This is greater than the industry employment change in the United States of -1 percent. The State of Tennessee had changed in sector employment of -0.3 percent, since the year 2001.

Manufacturing is the industry with the largest establishments in Loudon County, averaging 55 jobs per place of business. This is greater than the industry's average at the national level of 39 and less than the Tennessee establishments size average of 56 for the Manufacturing industry.

The Manufacturing sector has decreased the most in local industry presence in Loudon County since 2001, going from making up 33 percent of total jobs in the year 2001 to 27 percent in 2005.

In Loudon County, Transportation and Warehousing, Manufacturing and Retail Trade are the three industries with the highest location quotients. The Transportation and Warehousing sector in the county has a location quotient of 2.41. In other words, the percent of total jobs in the Transportation and Warehousing sector is 2.41 times greater than the national average, signifying that Loudon County may specialize, or be an exporter of Transportation and Warehousing.

In Loudon County, Manufacturing, Retail Trade, and the Transportation and Warehousing industries are the largest employment industries. The Manufacturing produces the largest number of jobs in the area accounting for 27 percent of all the jobs in the county. This makes up 3,043 people employed. The Retail Trade and Transportation and Warehousing sectors provide 15 and 8.9 percent of industry employment.







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

 

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