Wednesday, March 21, 2007

In Overton County, jobs in the insurance agencies, brokerages, and related pay the highest wages


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Jobs in the insurance agencies, brokerages, and related industry paid the average highest wages in Overton County for the 2nd quarter of 2006. The average worker in the industry in Overton County earned an annual wage of $55,491 in 2006. The average wage is greater than the industry wage in Tennessee of $49,781 and greater than then the wage for jobs in this industry in the US of $54,074.

Other top-pay jobs in Overton County, Tennessee are present in offices of physicians ($44,499), cement and concrete product manufacturing ($35,307), other specialty trade contractors ($29,358) and accounting and bookkeeping services ($27,619) industries. Note: For Detail Comparison, Click the Above Graph

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

Overton County Wages have increased by 26.6% Since 2001


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From the second quarter of 2001 to the second quarter of 2006, industry wages have increased in Overton County, Tennessee by a total of 26.6%. This is greater than the growth in wages for the State of Tennessee and greater than the growth in average wages for 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

Overton 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 Overton County, Tennessee can be described as medium-low when compared to other 2nd quarter of 2006 County wages throughout the state. The average pay is 25 percent lower than the reported averages in the state of $36,146. The overall industry wage was less than the national industry average 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

Overton County Five-Year Industry Employment Change

Overton County Five-Year Percentage Decline in Employment

The Child day care services industry has lost the largest percent of jobs, losing 55.4 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 gain of 0.8 percent. The losses in the Child day care services industry in Overton County outpaced the losses of nation as a whole in the industry. In this time period, the nation gained 7.8 in percent of jobs in the Child day care services industry.

Top 4 Industries
1. Child day care services (55.4 percent decline)
2. Offices of physicians (10.5 percent decline)
3. Auto parts, accessories, and tire stores (7.4 percent decline)
4. Limited-service eating places (5.2 percent decline)

Total employment has decreased by 0.2 percent from 2001 (2nd Quarter). These figures are greater than growth in the State of Tennessee, which saw a gain of 3.3 percent since 2001 ( 2nd Quarter). The losses in the area were greater than than the gain reported at the US level of 2.6 percent.

Overton County Five-Year Percentage Growth in Employment

The Architectural and engineering services industry has gone through the largest job growth by percent, increasing by 125.0 percent from 2001 (2nd quarter) to 2006 (2nd quarter). This industry sector in Overton County has expanded faster than the industry job growth experienced in Tennessee, where it saw a gain of 5.6 percent. The Architectural and engineering services industry in Overton County outpaced the nation in terms of industry employment growth . During this period, the nation gained 7.9 percent in this industry.

Top 5 Industries
1. Architectural and engineering services (125.0 percent gain)
2. Accounting and bookkeeping services (78.6 percent gain)
3. Other specialty trade contractors (42.1 percent gain)
4. Electronics and appliance stores (38.7 percent gain)
5. Health and personal care stores (26.9 percent gain)

Total Five-Year Employment Growth in Overton County

Of the industries (4-digit NAICS) in the area, the General freight trucking industry has accounted the most employment growth with a total of 9 new jobs created in the period. The job growth in the General freight trucking industry makes up 20.6 percent of the growth in Overton County.

Top 4 Industries
1. General freight trucking (9 new jobs)
2. Accounting and bookkeeping services (7 new jobs)
3. Health and personal care stores (7 new jobs)
4. Architectural and engineering services (5 new jobs)

Of the 15 industries with industry data reported by the BLS in each quarter, 4 described an expansion of jobs throughout the time period, while 11 industry sectors reported declines during the time period.

Total Five-Year Employment Decline in Overton County

Given the industries in the area, the Child day care services industry witnessed the largest drop in employment, losing a total of 14 jobs during the period. The employment lost in the Child day care services industry make up 41.4 percent of the employment lost during the period in Overton County, Tennessee.

Top 5 Industries
1. Child day care services (14 jobs lost)
2. Limited-service eating places (11 jobs lost)
3. Offices of physicians (6 jobs lost)
4. Auto parts, accessories, and tire stores (2 jobs lost)
5. Building finishing contractors (26 jobs lost)

In Overton County, Tennessee, the total number of workers for all sectors has decreased by 8 jobs from mid-2001 to mid-2006.





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

Overton County One-Year Industry Employment Change

Total One-Year Employment Growth in Overton County

Out of the 4-digit NAICS industries, the Full-service restaurants industry has accounted the most employment growth with a total of 55 employees finding new jobs in the industry. The employment growth in the Full-service restaurants industry makes up 51.4 percent of the total growth in Overton County.

Top 5 Industries
1. Full-service restaurants (55 new jobs)
2. Other general merchandise stores (27 new jobs)
3. Building foundation and exterior contractors (6 new jobs)
4. Architectural and engineering services (4 new jobs)
5. Grocery stores (3 new jobs)

In Overton County, Tennessee, the aggregate employment for all industry sectors has increased by 78 jobs between mid-2005 and mid-2006.

Given the 17 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 6 described an expansion of jobs throughout the time period, while 11 industries reported a drop in employment.

Total One-Year Employment Decline in Overton County

The Other specialty trade contractors industry has lost the most employment with a total loss of 11 jobs in that time period. The declines in the Other specialty trade contractors industry make up 31.4 percent of the total employment decline in Overton County, Tennessee.

Top 5 Industries
1. Other specialty trade contractors (11 jobs lost)
2. General freight trucking (9 jobs lost)
3. Gasoline stations (7 jobs lost)
4. Accounting and bookkeeping services (3 jobs lost)
5. Offices of physicians (2 jobs lost)

Overton County One-Year Percentage Growth in Employment

The Architectural and engineering services industry has experienced the largest percentage growth, expanding by 92.9 percent from 2005 to 2006. This industry in Overton County has increased employment faster than the industry has grown in the State of Tennessee, where it saw a gain of 5.5 percent. The Architectural and engineering services industry in Overton County outpaced the nation in terms of industry employment growth . During this period, the nation gained 5.5 percent of the industry employment.

Top 5 Industries
1. Architectural and engineering services (92.9 percent gain)
2. Full-service restaurants (63.5 percent gain)
3. Other general merchandise stores (36.8 percent gain)
4. Building foundation and exterior contractors (32.7 percent gain)
5. Office supplies, stationery, and gift stores (16.7 percent gain)

Overton County One-Year Percentage Decline in Employment

The Other specialty trade contractors industry has seen the largest percentage drop in employment, losing 54.2 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 it saw a gain of 6.6 percent. The losses in the Other specialty trade contractors industry in Overton County outpaced the losses of nation as a whole in the industry. In this time period, the nation gained 6.8 in percent of jobs in the Other specialty trade contractors industry.

Top 5 Industries
1. Other specialty trade contractors (54.2 percent decline)
2. Child day care services (15.4 percent decline)
3. Accounting and bookkeeping services (15.3 percent decline)
4. General freight trucking (13.8 percent decline)
5. Gasoline stations (8.9 percent decline)

The total number of jobs has increased by 2.4 percent from 2005 (2nd Quarter). These figures are greater than growth in the State of Tennessee, experiencing a gain of 1.9 percent from 2005 (2nd Quarter). The gains the area experienced were greater than than the gain seen for the United States 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.

Thursday, January 11, 2007

Income and Poverty in Overton County, Tennessee

When analyzed against other counties (and parishes) in the US, Overton County accounted a relatively low median income for all households of $31,491 (Adjusted to 2005 Dollars). This figure is 35.1 percent lower than the household income median in State of Tennessee of $42,541 and the median household income is 56 percent lower than the median for the rest of the nation, which is a reported $49,133.

The households that were headed by an American Indian and Alaska Native individual in Overton County reported a median household income of $32,175, this was 2.2 percent greater than the median level for total households in the area. Black or African American headed households had median income levels that were 53.3 percent greater than the overall median reported in 2000, with a reported median of $48,263. Hispanic in Overton County, Tennessee recorded a median income of $28,788, which is 8.6 percent less than the areas median income level for all households. In Overton County, Tennessee White householders had a median household income (in 2005 Dollars) of $31,391 according to the Decennial Census of 2000, which was 0.3 percent less than the median in the year 2000. The Asian householders in the area have reported their median household incomes at $80,438. This income level is 155.4 percent greater than the all households reported median in the area.

When compared to other counties (or parishes) across the United States, Overton County, Tennessee may be understood as having a medium-high poverty rate amongst the population, with a poverty rate of 16.0 percent with a family income under the 1999 poverty level. The Hispanic race/ethnicity population cohort, has the uppermost poverty rate with 26.3 percent of the 2000 residents living in poverty. People aged 75 years and over have the largest percent of population in poverty in Overton County, reporting 25.6 percent of the population in this age category living in poverty.







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

Wednesday, December 20, 2006

Higher Education in Overton County, Tennessee

Overton County, Tennessee can be considered to have a less-educated population, with 8.4 percent of the population (+25) having received at least a Bachelors Degree, as reported in the Decennial Census of 2000. Overton counted a lower percent of population with this high education level than the State of Tennessee's proportion of 19.6 percent and a lower percent than the national average of 24.4 percent.

The 2000 Decennial Census reported that in Overton County, Tennessee, the largest educational attainment category for men is the Less than High School category, with 42.2 percent achieving this level. The female population in Overton have attainment on average a lower level of higher education (Bachelors Degree or Higher) than the male population-- 8.6 percent (Men) versus 8 percent (Women). The largest educational attainment category for women in this areas is Less than High School category, with 40 percent of women in the area reaching this education level.

In Overton County, Tennessee as reported in the 2000 Census, 8.2 percent of the White Alone, 0 percent of Black or African American, 57.2 percent of the Asian alone and 10.2 percent of the Hispanic or Latino (+25) population has achieved at least a Bachelors Degree.





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

Monday, November 13, 2006

Housing Report for Overton County, Tennessee

In Overton County, the census reported 9,513 housing units in the year 2005. This represents a growth in housing units, adding all together 203 residential structures since 2001, a change of 2.2 percent.

When compared to other counties in Tennessee, Overton County is positioned 82 of 95 by percentage growth in residential real estate. The county is positioned 1,832 of 3,141, compared to change in residential structure growth in counties throughout the Unities States.

Overton County had an owner-occupied dwelling median in 2000 of $71,600, published by the Decennial Census. This is less than the overall Tennessee 2000 median home value of $93,000 and less than median home value of $119,600 across the United States during the same year.

There is a large amount of affordable housing in Overton County, Tennessee. In 2000, 88.2 percent of housing was valued under $125k.





Data Source: U.S. Census Bureau

Monday, October 30, 2006

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

In Overton County, Manufacturing, Mining and Health care and social assistance industries have the highest United States location quotient (LQ). The Manufacturing industry has a US LQ in the county of 2.81. In other words, the percent of total jobs in the Manufacturing industry is 2.81 times the percent of the national average, This signifies that Overton County produces more than its local requirement of products and/or services of Manufacturing.

Construction has seen the highest growth in employment from the years 2001-2005 in Overton County, with an employment growth of 164.2 percent. This is greater than the change in industry employment in the United States of 7.3 percent. The State of Tennessee experienced a sector employment shift of 1.5 percent, during the period.

In Overton County, Manufacturing, Health care and social assistance, and the Retail Trade sectors are the largest industries, in terms of total number of jobs in 2005. The Manufacturing provides the most jobs and contributes 36 percent of the total county employment. This totals 1,177 jobs. The Health care and social assistance and Retail Trade sectors provide 15.1 and 13.3 percent of all employment.

Manufacturing has the largest businesses in Overton County, averaging 42 jobs per place of business. This is greater than the industry's national average of 39 and less than the State of Tennessee average establishment size of 56 for the Manufacturing industry.

The Accommodation and food services sector has decreased the most in local industry presence in Overton County since the year 2001. The industry went from accounting for 10.1 percent of total jobs in the year 2001 to 0 percent of employment in 2005.







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

 

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