In Shelby County, jobs in the securities and commodity contracts brokerage pay the highest wages

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Jobs in the securities and commodity contracts brokerage industry reported the top wages in Shelby County for 2006. The average industry job in Shelby County received an annual wage of $116,376 in 2nd quarter of 2006. The pay is greater than the industry wage rate in Tennessee of $103,002 and less than then the pay for jobs in this industry across the nation of $138,150.

Other top-pay jobs in Shelby County, Tennessee may be found in spectator sports ($103,449), pulp, paper, and paperboard mills ($83,539), electric lighting equipment manufacturing ($82,313) and other chemical product and preparation mfg. ($77,778) industries. Note: Click the above Graphic 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.

Shelby County Wages have increased by 17.6% Since 2001

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Industry wages, from 2001 to 2006, have increased in Shelby County, Tennessee by a total of 17.6%. This is less than the growth in industry wages for Tennessee and greater 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.

Shelby County Industry Wages Exceed Tennessee, but Wages Lag Behind the United States

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Wages in all industries in Shelby County, Tennessee when analyzed can be described as relatively high when compared to other 2nd quarter of 2006 County wages throughout the state. The average pay is 11.3 percent higher than the state, which was reported to be $36,146. The industry pay 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.

Shelby County Five-Year Industry Employment Change

Shelby County Five-Year Percentage Growth in Employment

The Wireless telecommunications carriers industry has experienced the largest percentage growth, expanding by 861.3 percent from 2001 to 2006. This industry in Shelby County has added employment faster than the industry job growth experienced in Tennessee, where the industry took a gain of 61.5 percent. The Wireless telecommunications carriers industry in Shelby County outpaced the United States, which experienced a lost 0.9 percent of the industry employment.

Top 5 Industries
1. Wireless telecommunications carriers (861.3 percent gain)
2. Waste collection (714.9 percent gain)
3. Independent artists, writers, and performers (433.9 percent gain)
4. Religious organizations (202.2 percent gain)
5. Nonscheduled air transportation (175.8 percent gain)

Employment for all industries has increased by 2 percent from 2001 (2nd Quarter). These figures are less than percent in the State of Tennessee, experiencing a gain of 3.3 percent since the 2nd Quarter of 2001. The gains felt were less than than the gain reported at the US level of 2.6 percent.

Shelby County Five-Year Percentage Decline in Employment

The ISPs and web search portals industry has lost the biggest percent of jobs, losing 90.9 percent from 2001 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry sector has felt in the State of Tennessee, where the industry reported a loss of 47.8 percent. The losses in the ISPs and web search portals industry in Shelby County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States lost 32.7 in percent of workers in the ISPs and web search portals industry.

Top 5 Industries
1. ISPs and web search portals (90.9 percent decline)
2. Sound recording industries (88.9 percent decline)
3. Communications equipment manufacturing (88 percent decline)
4. Telecommunications resellers (85.1 percent decline)
5. Support activities for water transportation (84.7 percent decline)

In Shelby County, Tennessee, the aggregate employment for all industry sectors has increased by 8,501 total jobs from 2001 to 2006.

Total Five-Year Employment Decline in Shelby County

Of the area's industries (4-digit NAICS), the Department stores industry witnessed the largest drop in employment, losing a total of 4,053 jobs during the time period. The jobs lost in the Department stores industry make up 12.2 percent of the employment lost during the period in Shelby County, Tennessee.

Top 5 Industries
1. Department stores (4,053 jobs lost)
2. General freight trucking (3,625 jobs lost)
3. Depository credit intermediation (1,518 jobs lost)
4. Motor vehicle parts manufacturing (1,178 jobs lost)
5. Building equipment contractors (1,152 jobs lost)

Total Five-Year Employment Growth in Shelby County

The Limited-service eating places industry has brought the most jobs with a total of 5,513 jobs added during the time period. These new jobs in the Limited-service eating places industry makes up 12.7 percent of the total number of new jobs in Shelby County.

Top 5 Industries
1. Limited-service eating places (5,513 new jobs)
2. Health and personal care stores (3,276 new jobs)
3. Other general merchandise stores (2,498 new jobs)
4. General medical and surgical hospitals (2,009 new jobs)
5. Warehousing and storage (1,758 new jobs)

Of the 203 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 95 described an expansion of jobs throughout the time period, while 107 industries reported employment loss in the period.





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.

Shelby County One-Year Industry Employment Change

Shelby County One-Year Percentage Growth in Employment

The Sea, coastal, and Great Lakes transportation industry has witnessed the largest percentage of employment expansion, increasing by 308.3 percent from 2005 (2nd quarter) to 2006 (2nd quarter). This industry sector in Shelby County has grow faster than the growth seen in the industry for Tennessee, where the industry felt a gain of 284.6 percent. The Sea, coastal, and Great Lakes transportation industry in Shelby County outpaced the United States, which experienced a gained 3.6 percent.

Top 5 Industries
1. Sea, coastal, and Great Lakes transportation (308.3 percent gain)
2. Other heavy construction (144.8 percent gain)
3. Promoters of performing arts and sports (101.2 percent gain)
4. Nonscheduled air transportation (93.1 percent gain)
5. Wireless telecommunications carriers (85.1 percent gain)

The total number of jobs has increased by 2.2 percent from 2005 (2nd Quarter). These figures are greater than percent in the State of Tennessee, which went through a gain of 1.9 percent since the 2nd Quarter of 2005. The gains the area experienced were greater than than the gain experienced overall in the US of 2.0 percent.

Shelby County One-Year Percentage Decline in Employment

The Telecommunications resellers industry has lost the largest percent of jobs, losing 82.2 percent from 2005 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry has seen in the Tennessee, where the industry reported a loss of 52.8 percent. The losses in the Telecommunications resellers industry in Shelby County outpaced the losses of nation as a whole in the industry. In this time period, the nation lost 7.8 percent in terms of employment in the Telecommunications resellers industry.

Top 5 Industries
1. Telecommunications resellers (82.2 percent decline)
2. Other residential care facilities (77 percent decline)
3. Support activities for water transportation (63.9 percent decline)
4. Unclassified (53.9 percent decline)
5. Travel arrangement and reservation services (40.7 percent decline)

In Shelby County, Tennessee, the entire sum of jobs in all industries overall has increased by 9,370 jobs between mid-2005 and mid-2006.

Total One-Year Employment Decline in Shelby County

From of the area's 4-digit NAICS industries, the Management and technical consulting services industry experienced most substantial job loss, losing 644 jobs during the time period. The jobs lost in the Management and technical consulting services industry make up 9.4 percent of the total employment decline in Shelby County, Tennessee.

Top 5 Industries
1. Management and technical consulting services (644 jobs lost)
2. Telecommunications resellers (505 jobs lost)
3. Newspaper, book, and directory publishers (278 jobs lost)
4. Other residential care facilities (227 jobs lost)
5. General medical and surgical hospitals (214 jobs lost)

Given the 209 industries with industry data reported by the BLS in each quarter, 85 described an expansion of jobs throughout the time period, while 122 industries reported employment loss in the period.

Total One-Year Employment Growth in Shelby County

The Limited-service eating places industry has brought the most jobs with a total of 1,208 employees finding new jobs in the industry. The employment growth in the Limited-service eating places industry makes up 8.0 percent of the growth in Shelby County.

Top 5 Industries
1. Limited-service eating places (1,208 new jobs)
2. Full-service restaurants (1,092 new jobs)
3. Employment services (830 new jobs)
4. Building equipment contractors (589 new jobs)
5. Health and personal care stores (568 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 Shelby County, Tennessee

When compared to other counties (or parishes) across the United States, Shelby County, Tennessee may be understood as having a medium-high poverty rate amongst the population, with a poverty rate of 16.0 percent of people living in a family with an income below the poverty level in 1999. The Black or African American race/ethnicity population category, holds the highest rate of poverty with 25.6 percent of the 2000 population living in poverty. People that are of the age Under 5 years have the most percent of people living in poverty in Shelby County, with 26.8 percent of this age group in the area living in poverty.

The poverty rate in Shelby County, Tennessee has increased by 2.3 percent from the levels reported in the Decennial Census of 2000, moving from 16 percent to 18.3 percent.

The median household income in the area has declined from the values (adjusted for inflation) in 2000. The median has decreased to $40,839, which amounts to a 11.8 percent decline. Shelby County, Tennessee, when comparing total percent of decline, ranks 7 of 17 counties in percent of decline for the household income level in the State of Tennessee. Shelby County ranks 145 of 668 counties (or parishes) when analyzing the decline in median income level for the United States.

In Shelby County, Tennessee White householders had a median income (2005 Dollars) of $60,315 as reported in 2000 by the census, which was 30.2 percent greater than the median in the year 2000. The Asian headed households reported median household incomes of $57,268. This household income level is 23.6 percent greater than the reported median for all households in the area. The American Indian and Alaska Native headed households in Shelby County had a median income of $44,717, which was 3.5 percent less than the median level for total households in the area. Black or African American headed households had a median household income that was 28.4 percent less than the overall reported level in 2000, with a reported median of $33,174. Hispanic in Shelby County, Tennessee , as reported in 2000, had a median household income of $42,493, this median is 8.3 percent less than the median reported for all households in the area.

Compared to other counties (and parishes) throughout the nation, Shelby County accounted a relatively high median income for households of $46,324 (Adjusted to 2005 Dollars). This is 8.2 percent higher than the median in Tennessee of $42,541 and the median household income is 6.1 percent lower than the median for the rest of the nation, which is a reported $49,133.

While household income level experienced a decline in the last five year in Shelby County, Tennessee, the Race/Ethnicity group that experienced the largest decline in household income was the American Indian and Alaska Native category. This category saw a decline of 35.4 percent since the year 2000. The Asian Race/Ethnicity group has been least impacted by the median income decline in Shelby County, undergoing a 3 percent decline in median household income from 2000 to 2005.

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

Higher Education in Shelby County, Tennessee

In 2000, the Census reported that in Shelby County, Tennessee, a high proportion of the male population in the area have reached the Some College or Associates Degree category, with 27.8 percent achieving this level. The female population in Shelby have achieved a lower level of higher education (Bachelors or Higher) than the men in the area: 27.2 percent (Men) versus 23.6 percent (Women). Many of the women in the area have achieved the Some College or Associates Degree category, with 30.6 percent of the women population in the area achieving this level of education.

From 2000 to 2005, the percent of male population that is highly educated has increased by 1.0 percent. By 2005, 28 percent of total male population (over 25), in this area, held at least a Bachelors Degree. At the same time, the percent of women (over 25) holding a BA or higher has increased by a total of 3.0 percent. By the year 2005, a total of 26.6 percent of the total female population achieved this high level of education.

Shelby County, Tennessee can be considered to have a highly-educated population of the working age, with 25.2 percent of the over 25 years old population having a Bachelors Degree or Higher, according to the 2000 Decennial Census. Shelby has a higher percent of the population with at least a Bachelors than the State of Tennessee's proportion of 19.6 percent and a higher percent than the average across the nation of 24.4 percent.

Since the year 2000, Shelby has increased in the population percent with a Bachelors Degree or Higher. This population percent has grown by 2.0 percent to a total of 27.2 percent in 2005, according to the American Community Survey. The 2005 proportion of highly educated population is greater than the 2005 State of Tennessee percent of 21.8 and the same the US percent of 27.2.

In Shelby County, Tennessee according the 2000 Decennial Census, 34.8 percent of the White Alone, 12.8 percent of Black or African American, 50.2 percent of the Asian alone and 15.2 percent of the Hispanic or Latino population, over the age 25, has achieved a Bachelors Degree or Higher.

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

Demographic Profile for Shelby County, Tennessee

Shelby County, Tennessee has a population base that is comprised of 42.5 percent White, 51 percent African American, 2 percent Asian, and 3.4 percent Hispanic. The area can be described as having a very high level of diversity in terms of race and ethnicity, with 56.4 percent of the population made up of minorities. This is greater than the State of Tennessee percent of 20.9. Since 2000, Shelby has increased the percent of minority makeup when 52.6 percent of the total population were minorities.

Estimated since the year 2000, a high number of individuals have migrated to Shelby internationally. The migration from outside the US into Shelby accounts for 19.4 percent of the total international migration into the State of Tennessee. This percent of international migration is high when analyzed against immigration per population in 2005.

In terms of total land area, Shelby spans a total area of 755 square miles. The county has a very high average area density of 1,205 persons per square mile, in 2005. Other US counties with similar densities include: -- more densely populated -- Bexar, TX (1,218 per sq. mile ), Miami-Dade, FL (1,221 per sq. mile ), New Castle, DE (1,227 per sq. mile ), -- less densely populated -- Hartford, CT (1,193 per sq. mile ), Montgomery, OH (1,186 per sq. mile ), Henrico, VA (1,179 per sq. mile ).

In 2005, the Census Bureau estimated the median age in Shelby County, Tennessee to be 34.6 years of age. The median age in Shelby is less than the median age in Tennessee of 37.3. Since 2000, the area has experienced an increase in this median, when at that time it was 33.0 years old. With a total of 27 percent of the population in the year 2005 being made up of individuals less than 18 years old, Shelby can be understood as having a relatively high proportion of youths. The working age population group (18-64) has a medium-high representation within the estimated 2005 area population, making up 63.2 percent of the population falling in this age category. The retirement (65 and over) group makes up 9.8 percent of the population. When compared to other counties in the United States, this represents a relatively low proportion of the area population base.

Shelby County, Tennessee had a population that was estimated at 909,035 for the year 2005. The total population has increased, since the population in 2000 of 898,265. This growth represents an increase of 1.2 percent. Shelby ranks 7 of 95 counties when analyzing total population change in Tennessee and the county ranks 302 of 3,141 counties when analyzing total county population change across the nation.

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

Housing Report for Shelby County, Tennessee

In Shelby County, the census reported 389,208 housing units in the year 2005. This represents a growth in housing units, adding a sum of 18,526 residential units since 2001, or 5 percent.

The owner-occupied dwellings in Shelby County, Tennessee have seen large increases from the real estate values reported in 2000. The valuations have increased by $26,000, or 28.2 percent, from when in 2000 they were valued at $92,200.

When compared to other counties in Tennessee, Shelby County places 32 of 95 in terms of growth of new housing structures between 2001 and 2005. The county stands 843 of 3,141, compared to change in residential structure growth in counties throughout the Unities States.

Shelby County had a median home value in the year 2005 of $118,200, reported by the American Community Survey. This is greater than the overall Tennessee 2005 home value of $114,000 and less than median owner-occupied dwelling value of $167,500 across the nation during that year.

Shelby County has a medium percentage of homes that are high in price. In 2005, the American Community Survey reported that 2.8 percent owner-occupied dwelling are valued over a half a million dollars.

There is a large amount of housing that is affordable in Shelby County, Tennessee. In 2005, 52.5 percent of residential real estate was valued under $125,000.

Data Source: U.S. Census Bureau

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

Utilities has had the highest level of job growth from 2001-2005 in Shelby County, with an industry growth of 40.7 percent. This is greater than the United States industry change in employment of -8.2 percent. The State of Tennessee underwent a employment change in the industry of -0.1 percent, in the duration of 2001 to 2005.

In Shelby County, Retail Trade, Health care and social assistance, and the Transportation and Warehousing sectors are the largest industries, in terms of total number of jobs in 2005. The Retail Trade is the major employer in the county making up 13.1 percent of all jobs throughout the county, totaling 56,710 people employed. The Health care and social assistance and Transportation and Warehousing sectors account for 12.9 and 12.8 percent of the total jobs, respectively.

Transportation and Warehousing is the industry with the largest establishments in Shelby County, averaging 77 employees per business. This is greater than the US industry average of 19 and greater than the State of Tennessee establishments size average of 34 for the Transportation and Warehousing industry.

In Shelby County, Transportation and Warehousing, Administrative and waste services and Wholesale trade industries, in terms of United States location quotient, are the most dominant in the region. The Transportation and Warehousing sector has a United State LQ of 3.46. The percent of employment in the Transportation and Warehousing industry is 3.46 times the percent of the national average, This signifies that Shelby specializes in Transportation and Warehousing.

Manufacturing since the year 2001 was faced with the largest loss in employment in Shelby County. The industry lost a total of 3,007 jobs during the period, or 7.1 percent of jobs in the industry. The losses in this industry made up 28.4 percent of all county employment losses since 2001.







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