Morristown, TN

Morristown Metro Area industry wages have increased by 13.4% percent since 2001

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From the second quarter of 2001 to the second quarter of 2006, industry wages have increased in the Morristown Metro Area by a total of 13.4%. This is less than the growth in industry wages for the State of Tennessee and less than the growth in industry wages for the nation as a whole.

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.

Morristown Metro Area Industry Wages Lag Behind Tennessee, and Wages Lag Behind the United States Industry Wages

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The overall industry wages in Morristown, TN when analyzed can be understood as being medium-low when compared to other Metro Areas throughout the US in the 2nd quarter of 2006. The industry wages are 12.9 percent lower than the reported averages in the state of $36,146. The overall industry wage was less than the overall average in the United States 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.

Morristown Five-Year Industry Employment Change

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The Morristown Metro Area: Five-Year Percentage Decline in Employment

The Resin, rubber, and artificial fibers mfg. industry has lost the biggest percent of jobs, losing 67.2 percent of the jobs from the 2nd quarter of 2001 to 2nd quarter of 2006. The losses of the area have declined faster than the industry has experienced in the State of Tennessee, where the industry sector experienced a loss of 14.9 percent. The losses in the Resin, rubber, and artificial fibers mfg. industry in Morristown outpaced the United States in terms of percentage decline of industry employment. In this period, the United States lost 18.4 percent in terms of employees in the Resin, rubber, and artificial fibers mfg. industry.

Top 5 Industries
1. Resin, rubber, and artificial fibers mfg. (67.2 percent decline)
2. Machinery and supply merchant wholesalers (30.8 percent decline)
3. Building equipment contractors (17.8 percent decline)
4. Gasoline stations (7.4 percent decline)
5. Private households (7 percent decline)

The Morristown Metro Area: Five-Year Percentage Growth in Employment

The Cement and concrete product manufacturing industry has seen the largest percentage job growth, expanding by 21.9 percent from the 2001 (Q2) to the 2006 (Q2). This industry in Morristown has increased employment slower than the industry has grown in the State of Tennessee, where this industry saw a gain of 22.8 percent. The Cement and concrete product manufacturing industry in Morristown outpaced the national average, which felt a gained 5.3 percent.

Top 4 Industries
1. Cement and concrete product manufacturing (21.9 percent gain)
2. Building foundation and exterior contractors (10.8 percent gain)
3. Legal services (8.4 percent gain)
4. Motor vehicle parts manufacturing (5.1 percent gain)

The total number of jobs has increased by 2.6 percent from 2001 (2nd Quarter). These figures are less than percent in Tennessee, which experienced a gain of 3.3 percent since 2001 ( 2nd Quarter). The gains were greater than than the gain experienced overall in the US of 2.6 percent.

Total Five-Year Employment Growth in the Morristown Metro Area

From the industries (4-digit NAICS) in the area, the Motor vehicle parts manufacturing industry has brought the most jobs with a total of 105 employees finding new jobs in the industry. The employment growth in the Motor vehicle parts manufacturing industry makes up 69.8 percent of the total growth in Morristown.

Top 5 Industries
1. Motor vehicle parts manufacturing (105 new jobs)
2. Building foundation and exterior contractors (24 new jobs)
3. Cement and concrete product manufacturing (13 new jobs)
4. Legal services (8 new jobs)
5. Gasoline stations (173 new jobs)

Total Five-Year Employment Decline in the Morristown Metro Area

Given the industries in the area, the Resin, rubber, and artificial fibers mfg. industry witnessed the largest drop in employment, losing a total of 449 jobs in that time period. The declines in the Resin, rubber, and artificial fibers mfg. industry make up 74.0 percent of the total employment decline in Morristown, TN.

Top 4 Industries
1. Resin, rubber, and artificial fibers mfg. (449 jobs lost)
2. Building equipment contractors (80 jobs lost)
3. Gasoline stations (43 jobs lost)
4. Machinery and supply merchant wholesalers (30 jobs lost)

In the Morristown, TN metro area, the total number of workers for all sectors has increased by 1,086 total jobs between the 2nd Quarter of 2001 and 2nd Quarter of 2006.

Out of the 10 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 4 industries reported employment loss in the period.

Morristown One-Year Industry Employment Change

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The Morristown Metro Area: One-Year Percentage Growth in Employment

The Other schools and instruction industry has gone through the largest job growth by percent, increasing by 111.1 percent from the 2005 (Q2) to the 2006 (Q2). This industry in Morristown has expanded faster than the overall industry growth seen in the State of Tennessee, where the industry took a gain of 4.3 percent. The Other schools and instruction industry in Morristown outpaced the nation in terms of industry employment growth . During this period, the nation gained 5.7 percent of the industry employment.

Top 5 Industries
1. Other schools and instruction (111.1 percent gain)
2. Electronics and appliance stores (38.3 percent gain)
3. Furniture stores (22.8 percent gain)
4. School and employee bus transportation (21.8 percent gain)
5. Community care facilities for the elderly (20.1 percent gain)

Total employment has increased by 0.6 percent since the 2nd Quarter figures of 2005. This change is less than growth in the State of Tennessee, which experienced a gain of 1.9 percent from the 2nd Quarter of 2005. The gains were less than than the gain seen for the United States of 2 percent.

The Morristown Metro Area: One-Year Percentage Decline in Employment

The Resin, rubber, and artificial fibers mfg. industry has seen the largest percentage drop in employment, losing 56.3 percent of the jobs from 2005 to 2006. These have declined faster than the industry has seen in the Tennessee, where the industry reported a loss of 5.8 percent. The losses in the Resin, rubber, and artificial fibers mfg. industry in Morristown outpaced the United States industry losses overall. During this period, the United States lost 3.2 percent in terms of employment in the Resin, rubber, and artificial fibers mfg. industry.

Top 5 Industries
1. Resin, rubber, and artificial fibers mfg. (56.3 percent decline)
2. Nonresidential building construction (38.4 percent decline)
3. Printing and related support activities (37.6 percent decline)
4. Commercial equip. merchant wholesalers (26 percent decline)
5. Sawmills and wood preservation (15.3 percent decline)

Total One-Year Employment Growth in the Morristown Metro Area

From the industries (4-digit NAICS) in the area, the Building equipment contractors industry has brought the most jobs with a total of 62 jobs added during the time period. These new jobs in the Building equipment contractors industry makes up 18.7 percent of the total employment growth in Morristown.

Top 5 Industries
1. Building equipment contractors (62 new jobs)
2. Employment services (45 new jobs)
3. Other amusement and recreation industries (40 new jobs)
4. General medical and surgical hospitals (39 new jobs)
5. Offices of dentists (29 new jobs)

Total One-Year Employment Decline in the Morristown Metro Area

Given the industries in the area, the Resin, rubber, and artificial fibers mfg. industry experienced most substantial job loss, losing 283 jobs during the period. The employment lost in the Resin, rubber, and artificial fibers mfg. industry make up 31.6 percent of the employment lost during the period in Morristown, TN.

Top 5 Industries
1. Resin, rubber, and artificial fibers mfg. (283 jobs lost)
2. Printing and related support activities (215 jobs lost)
3. Nursing care facilities (102 jobs lost)
4. Nonresidential building construction (44 jobs lost)
5. Services to buildings and dwellings (43 jobs lost)

In the Morristown, TN metro area, the total number of jobs throughout all industries has increased by 252 total jobs between the 2nd Quarter of 2005 and 2nd Quarter of 2006.

Out of the 40 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 22 reported job growth in the duration of the year and 18 industry sectors reported declines during the time period.

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 Morristown, TN

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The poverty rate in the Morristown, TN Metro has declined by 1.2 percent since the 2000 rates, moving from 15.1 percent to 13.9 percent.

As the median household income witnessed a decline since 2000 in the Morristown, TN metro area, the Race/Ethnicity group that experienced the largest decline in household income was the Race/Ethnicity category. This group experienced a of . percent since the year 2000. The Race/Ethnicity group has been least impacted by the median income decline in Morristown, experiencing a . percent in household income level, since the year 2005.

The household income has declined from the inflation-adjusted values in 2000. The income level has decreased to $36,457, representing a 17.2 percent decline. The Morristown, TN MSA, when comparing total percent of decline, ranks 5 of 10 metro area in percent of decline for the household income level in the State of Tennessee. Morristown ranks 150 of 233 metro area in terms of the decline in median income level for the United States.

When compared to other Metro Areas across the United States, the Morristown metro area can be recognized as having a relatively high poverty rate amongst the population, with a poverty rate of 15.1 percent of the population with family incomes below the 1999 poverty level. The Black or African American race/ethnicity demographic category, owns the foremost rate of poverty with 29.7 percent of the 2000 population living in poverty. People that are of the age 5 years are experiencing most percent people in poverty in Morristown, having 22.9 percent of this demographic group living with incomes under poverty.

The American Indian and Alaska Native householders in Morristown had a median household income level of $42,961, this was 2.4 percent less than the median level for total households in the area. Hispanic Householders in Morristown, TN reported a median household income of $49,725, which is 13 percent greater than the reported median household income for all households in the area. Black or African American headed households had a median household income that was 34.5 percent less than the total 2000 reported median, with a their median reported to be $28,831. In Morristown, TN White householders had a median household income (in 2005 Dollars) of $54,564 according to the Decennial Census of 2000, which was 24 percent greater than the median in the year 2000. The Asian householders in the area have reported their median household incomes at $55,176. This household income level is 25.4 percent greater than the reported median for all households in the area.

When analyzed against other Metropolitan Statistical Areas in the US, the Morristown metro area was reported to have a medium-low median household income of $44,014 (Adjusted to 2005 Dollars). This is 3.3 percent higher than the household income median in State of Tennessee of $42,541 and this is 11.6 percent lower than the median in the US, which is $49,133.

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

Higher Education in the Morristown, TN Metro Area

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Since the year 2000, the Morristown metro area has decreased in the percent of the total population (+25) with a BA or Higher. The portion of this population has declined by 11.6 percent to a total of 13.2 percent in 2005, according to the American Community Survey. The 2005 proportion of highly educated population is less than the 2005 State of Tennessee percent of 21.8 and less than the United States percent of 27.2.

Morristown, TN Metro Area has a less-educated population, with 13.2 percent of the population over 25 years old having received at least a Bachelors Degree, according to the American Community Survey of 2005. The Morristown MSA was reported to have a lower percent of the population with at least a Bachelors than the State of Tennessee's proportion of 21.8 percent and a lower percent than the national average of 27.2 percent.

In the Morristown, TN Metro Area according the 2005 American Community Survey, 13.2 percent of the White Alone, . percent of Black or African American, . percent of the Asian alone and . percent of the Hispanic or Latino population, over the age 25, has achieved at least a Bachelors Degree.

Between 2000 and 2005, the percent of the male population that can be understood as highly educated has decreased by 12.0 percent. As reported in 2005, 14 percent of area's male population, over the age 25, achieved a Bachelors Degree or Higher. At the same time, the percent of women, over the age 25, holding at least a Bachelors Degree has decreased by a total of 11.4 percent. By 2005, a total of 12.4 percent of the women in the population had received a Bachelors Degree or Higher.

According to the 2005 American Community Survey in the Morristown, TN Metro Area, the largest educational attainment category for men is the High School Diploma category, with 37.8 percent receiving this level of education. The women in the Morristown metro area have achieved a lower level of higher education (Bachelors or Higher) than the men in the area: 14 percent (Men) versus 12.4 percent (Women). The largest educational attainment category for women is High School Diploma category, with 36.2 percent of women in the area reaching this education level.

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

Demographic Profile for Morristown, TN

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The Morristown metro area had an estimated population of 130,575 in 2005. The estimated population has increased sharply, since the 2000 total population of 123,546. This growth denotes an increase of 5.7 percent. Morristown ranks 6 of 10 MSAs when calculating total change in population for Tennessee and the metro area ranks 206 of 361 metro areas when calculating the total change in MSA population across the US.

By measuring total land area, the Morristown metro area covers a total land area of 715 square miles. The land areas has a medium-low population density of 183 persons per square mile, in 2005. Other US metro areas with similar densities include: -- more densely populated -- Kokomo (183 per sq. mile ), Rome (184 per sq. mile ), Anniston-Oxford (184 per sq. mile ), -- less densely populated -- Baton Rouge (182 per sq. mile ), Des Moines (181 per sq. mile ), Columbus (181 per sq. mile ).

Estimated since the year 2000, a high amount of people have migrated into the Morristown metro area, with 2,096 people migrating in internationally. The international migration into Morristown totals 4.2 percent of all immigration into Tennessee. This amount of international migration is high when analyzed against the base population in the year 2005 and compared to other metro areas across the US.

The Morristown metropolitan statistical area (MSA) has a population that is made up of 90.5 percent White, 2.7 percent African American, 0.6 percent Asian, and 5.3 percent Hispanic. The area population base can be described as having a modest level of diversity in terms of race and ethnicity, with 8.6 percent of minorities in the 2005 population base. This is less than the State of Tennessee percent of 20.9. Since 2000, Morristown has increased the percent of minority population when 6.6 percent of the people were minorities.

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

Housing Report for Morristown

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Morristown had a median home value in the year 2005 of $104,500, according to the American Community Survey. This home value is less than the Tennessee 2005 median home value of $114,000 and less than median home value of $167,500 across the nation during that year.

In Morristown, the census reported 57,488 housing units in the year 2005. This represents a medium level of growth in the number housing units, adding a total of 2,540 homes since 2001, or 4.6 percent.

In the State of Tennessee, Morristown ranks 8 of the 10 metro areas in terms of percentage growth in new housing structures. The metropolitan statistical area (msa) ranks 210 of 361, compared to percent change of residential structures in other metropolitan areas throughout the United States.

Morristown may be described as having a small, but present percentage of homes that are high in price. For 2005, the American Community Survey reports that 0.9 percent of owner-occupied dwellings were valued over a half a million dollars.

According to the data, there is a large amount affordable residential real estate in Morristown, Tennessee. In 2005, 63.7 percent of owner-occupied dwellings were valued under $125k.

Data Source: U.S. Census Bureau

Employment Report for Morristown, Tennessee -- Annual 2005 Industry Summary

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Manufacturing is the industry with the largest establishments in Morristown MSA. In the region, the industry averages 72 employees per business. This is greater than the industry's average at the national level of 39 and greater than the Tennessee typical size of 56 for the Manufacturing industry.

In Morristown, Manufacturing, Retail Trade, and the Other services, except public administration sectors are the largest industries, in terms of total number of jobs in 2005. The Manufacturing is the largest employment industry and makes up 37.9 percent of all jobs throughout the region, totaling 16,200 employees. The Retail Trade and Other services, except public administration sectors account for 13.1 and 2.3 percent of all employment.

A high-wage industry in Morristown is the management of companies and enterprises sector with an annual pay of $98,701. Locally, since the year 2001, the industry annual average pay has grown by 280.4 percent or $72,754. The State of Tennessee shows the same job market in the management of companies and enterprises industry, falling at the top of industries in term of the average annual pay of 2004.

In Morristown, Manufacturing, Retail Trade and Other services, except public administration industries, in terms of United States location quotient, are the most dominant in the region. The Manufacturing sector has a United State LQ of 2.95. This means the percent of total employment in the Manufacturing industry is 2.95 times greater than the national average, signifying that Morristown specializes in Manufacturing.

The Manufacturing has seen the largest decrease in industry presence in the Morristown Metro since the year 2001. The industry went from accounting for 44.6 percent of total employment in 2001 to 37.9 percent in the year 2005.

Retail Trade has seen the highest growth in employment from the years 2001-2005 in Morristown, rising by 12.4 percent. This is greater than the rate of employment change across the nation of 0.5 percent. The State of Tennessee experienced a sector employment shift of 1.7 percent, during the time since 2001.

The Morristown Metropolitain Area is ranked number 285 of 363 throughout the US according to the relatively size of the employment base in the year 2005. This ranking has slipped behind between the years 2001 and 2005. In 2001, the Metropolitan Area was ranked 282 of 363 Counties.

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