Wednesday, March 21, 2007

In Tipton County, jobs in the electronic markets and agents and brokers pay the highest wages


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People with jobs in the electronic markets and agents and brokers industry reported the top wages in Tipton County for 2006. The average worker in the industry in Tipton County earned an annual wage of $58,062 in 2006. The average wage is less than the average industry wage in the State of Tennessee of $66,190 and less than then the pay for jobs in this industry across the nation of $67,074.

High-wage employment in Tipton County, Tennessee are present in computer systems design and related services ($56,986), furniture stores ($55,202), management and technical consulting services ($49,343) and legal services ($47,606) 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.

Friday, March 09, 2007

Tipton County Wages have increased by 9.2% Since 2001


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Since 2001, industry wages increased in Tipton County, Tennessee by a total of 9.2%. This is less than the growth in industry wages for the State of Tennessee and less 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

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


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Total wages in all industries in Tipton County, Tennessee when analyzed can be described as medium-low when compared to other 2nd quarter of 2006 County wages throughout the state. The average pay is 22.1 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

Tipton County Five-Year Industry Employment Change

Employment for all industries has increased by 7 percent from the reported values in 2001. These values are greater than growth in the State of Tennessee, which went through a gain of 3.3 percent from the 2nd Quarter of 2001. The gains were greater than than the gain seen for the United States of 2.6 percent.

Tipton County Five-Year Percentage Growth in Employment

The Unclassified industry has experienced the largest percentage growth, expanding by 540.0 percent from 2001 to 2006. This industry in Tipton County has increased employment faster than the overall industry growth seen in the State of Tennessee, where the industry took a loss of 30.2 percent. The Unclassified industry in Tipton County outpaced the national average, which felt a gained 1.7 percent of the industry employment.

Top 5 Industries
1. Unclassified (540.0 percent gain)
2. Services to buildings and dwellings (339.8 percent gain)
3. Beer, wine, and liquor stores (333.3 percent gain)
4. Health and personal care stores (259.2 percent gain)
5. Building equipment contractors (149.7 percent gain)

Tipton County Five-Year Percentage Decline in Employment

The Nonresidential building construction industry has lost the biggest percent of jobs, losing 63.4 percent from 2001 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry has experienced in the State of Tennessee, where the it saw a loss of 2.1 percent. The losses in the Nonresidential building construction industry in Tipton County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States lost 1.6 percent in terms of employment in the Nonresidential building construction industry.

Top 5 Industries
1. Nonresidential building construction (63.4 percent decline)
2. Machinery and supply merchant wholesalers (62.2 percent decline)
3. Warehousing and storage (50.7 percent decline)
4. Accounting and bookkeeping services (36.5 percent decline)
5. Specialized freight trucking (25 percent decline)

Total Five-Year Employment Decline in Tipton County

From of the area's 4-digit NAICS industries, the Depository credit intermediation industry witnessed the largest drop in employment, losing a total of 36 jobs. The declines in the Depository credit intermediation industry make up 17.8 percent of the total job loss in Tipton County, Tennessee.

Top 5 Industries
1. Depository credit intermediation (36 jobs lost)
2. Machinery and supply merchant wholesalers (26 jobs lost)
3. Other specialty trade contractors (21 jobs lost)
4. Grocery stores (19 jobs lost)
5. Nonresidential building construction (17 jobs lost)

Out of the 44 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 16 accounted an for increase in employment during the period and 27 industries reported a drop in employment.

In Tipton County, Tennessee, the aggregate employment for all industry sectors has increased by 596 total jobs between the 2nd Quarter of 2001 and 2nd Quarter of 2006.

Total Five-Year Employment Growth in Tipton County

The Limited-service eating places industry has brought the most jobs with a total of 245 employees finding new jobs in the industry. The employment growth in the Limited-service eating places industry makes up 23.9 percent of the growth in Tipton County.

Top 5 Industries
1. Limited-service eating places (245 new jobs)
2. Building equipment contractors (193 new jobs)
3. Services to buildings and dwellings (117 new jobs)
4. Building foundation and exterior contractors (102 new jobs)
5. Health and personal care stores (66 new jobs)





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

Tipton County One-Year Industry Employment Change

Tipton County One-Year Percentage Decline in Employment

The Machinery and supply merchant wholesalers industry has lost the biggest percent of jobs, losing 60.3 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 has seen in the Tennessee, where the industry felt a gain of 2 percent. The losses in the Machinery and supply merchant wholesalers industry in Tipton County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States gained 2.6 in percent of jobs in the Machinery and supply merchant wholesalers industry.

Top 5 Industries
1. Machinery and supply merchant wholesalers (60.3 percent decline)
2. Activities related to credit intermediation (43.2 percent decline)
3. Private households (33.3 percent decline)
4. Other schools and instruction (28.3 percent decline)
5. Specialized freight trucking (25.7 percent decline)

Tipton County One-Year Percentage Growth in Employment

The Beer, wine, and liquor stores industry has seen the largest percentage job growth, expanding by 79.3 percent from 2005 (2nd quarter) to 2006 (2nd quarter). This industry sector in Tipton County has grow faster than the overall industry growth seen in the State of Tennessee, where it saw a gain of 5.1 percent. The Beer, wine, and liquor stores industry in Tipton County outpaced the US in terms of percent growth of industry employment. During this period, the US lost 0.7 percent of the employment in this industry.

Top 5 Industries
1. Beer, wine, and liquor stores (79.3 percent gain)
2. Building equipment contractors (75.3 percent gain)
3. Hardware and plumbing merchant wholesalers (66.7 percent gain)
4. Offices of other health practitioners (48.9 percent gain)
5. Commercial equip. merchant wholesalers (36.8 percent gain)

The total number of jobs has increased by 3.9 percent since the 2nd Quarter of 2005. This is greater than growth in Tennessee, which saw 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.

Total One-Year Employment Growth in Tipton County

Of the industries (4-digit NAICS) in the area, the Building equipment contractors industry has brought the most jobs with a total of 138 jobs added during the time period. These new jobs in the Building equipment contractors industry makes up 32.4 percent of the growth in Tipton County.

Top 5 Industries
1. Building equipment contractors (138 new jobs)
2. Limited-service eating places (73 new jobs)
3. Building foundation and exterior contractors (48 new jobs)
4. Services to buildings and dwellings (40 new jobs)
5. Gasoline stations (20 new jobs)

Total One-Year Employment Decline in Tipton County

Given the industries in the area, the Machinery and supply merchant wholesalers industry experienced most substantial job loss, losing 24 jobs. The declines in the Machinery and supply merchant wholesalers industry make up 18.7 percent of the jobs lost during the period in Tipton County, Tennessee.

Top 5 Industries
1. Machinery and supply merchant wholesalers (24 jobs lost)
2. Grocery stores (23 jobs lost)
3. Health and personal care stores (16 jobs lost)
4. Other schools and instruction (9 jobs lost)
5. Specialized freight trucking (9 jobs lost)

Given the 52 4-digit NAICS industries, 18 accounted an for increase in employment during the period and 32 industry sectors reported declines during the time period.

In Tipton County, Tennessee, the entire sum of jobs in all industries overall has increased by 345 total jobs between the 2nd Quarter of 2005 and 2nd Quarter of 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 Tipton County, Tennessee

The American Indian and Alaska Native headed households in Tipton County had a median household income level of $86,288, this median was 76.2 percent greater than the median for all households. Black or African American householders reported household income levels that were 38 percent less than the overall reported level in 2000, with a reported median of $30,354. Hispanic in Tipton County, Tennessee , according to the 2000 census, had a median household income of $37,537, which is 23.4 percent less than the median reported for all households in the area. The Asian headed households reported median household incomes of $64,462. This median income level is 31.6 percent greater than the all households reported median in the area. In Tipton County, Tennessee White householders had a median income (2005 Dollars) of $53,313 as reported in 2000 by the census, which was 8.9 percent greater than the median household income in 2000.

When compared to other counties (and parishes) throughout the United States, Tipton County reported a relatively high median household income of $48,972 (2005 Dollars). This median is 13.1 percent higher than the median income in State of Tennessee of $42,541 and the median household income is 0.3 percent lower than the median household income in the United States of $49,133.

Evaluated with other counties (or parishes) across the nation, Tipton County, Tennessee may be understood as having a medium-low poverty rate amid the residents with a poverty rate of 12.1 percent with a family income under the 1999 poverty level. The Black or African American race/ethnicity population cohort, has the uppermost poverty rate with 27.9 percent of the population in 2000 living in poverty. Individuals aged 75 years and over have the largest percent of population in poverty in Tipton County, reporting 24.8 percent of this demographic group living with incomes under poverty.







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

Wednesday, December 20, 2006

Higher Education in Tipton County, Tennessee

In Tipton County, Tennessee as reported in the Census of the year 2000, 11.4 percent of the White Alone, 6.8 percent of Black or African American, 32.8 percent of the Asian alone and 7 percent of the Hispanic or Latino population (over 25) has obtained a Bachelors Degree or Higher.

Tipton County, Tennessee may to understood as having a less-educated population, with 10.8 percent of the population (+25) having received at least a Bachelors Degree, as reported in the Decennial Census of 2000. Tipton is reported having a lower percent of the population with at least a Bachelors than the State of Tennessee's proportion of 19.6 percent and a lower percent than United States proportion of 24.4 percent.

In 2000, the Census reported that in Tipton County, Tennessee, a high proportion of the male population in the area have reached the High School Diploma category, with 36.8 percent obtaining this level of education. The women in Tipton have achieved a greater level of higher education (Bachelors or Higher) than men -- 10.6 percent (Men) versus 11 percent (Women). The largest educational attainment category for women in this areas is High School Diploma category, with 36.6 percent of women in the area reaching this education level.





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

Wednesday, November 29, 2006

Demographic Profile for Tipton County, Tennessee

Tipton County, Tennessee has a population that is made of 77.8 percent White, 18.9 percent African American, 0.4 percent Asian, and 1.6 percent Hispanic. This area can be considered to have a high level of diversity, with 20.9 percent of the population made up of minorities. This is equal to the State of Tennessee percent of 20.9. Since 2000, Tipton has decreased the percent of minority population when 21.4 percent of the population were minorities.

Tipton County, Tennessee had a population that was estimated at 55,998 for the year 2005. The total population has increased sharply, from the population in the year 2000 of 51,559. This growth represents an increase of 8.6 percent. Tipton ranks 15 of 95 counties by growth in total population in Tennessee and the county ranks 537 of 3,141 counties by growth in county population in the United States.

By measuring total land area, Tipton covers a total land area of 459 square miles. This area has a medium-low average area density of 122 persons per square mile. Other counties with similar densities in the US include: -- more densely populated -- Craighead, AR (122 per sq. mile ), Montgomery, KY (122 per sq. mile ), Athens, OH (122 per sq. mile ), -- less densely populated -- Clinton, MI (121 per sq. mile ), Montgomery, NY (121 per sq. mile ), Maui, HI (121 per sq. mile ).

In the year 2005, the population division of U.S. Census Bureau estimates the median age in Tipton County, Tennessee to be 35.5 years of age. The median in Tipton is less than the median in Tennessee of 37.3. Since the year 2000, the area has seen an increase in the median age, at that time the median was 34.4 years old. With 25.6 percent of the 2005 population being made up of children and youth younger than 18, Tipton can be understood as being made up of a medium-high percent of individuals under 18. The working age population group (18-64) has a medium-high presence of the 2005 population base, with 64.1 percent of the population makes up this age category. The retirement (65 and over) age group comprises 10.3 percent of the population in the area. When compared to other counties throughout the United States, this represents a medium-low percent of the population.

Since 2000, a low number of individuals have migrated to Tipton internationally. The international migration into Tipton totals 0.2 percent of the total migration into the State of Tennessee. This percent of international migration is low when analyzed against the base population in the year 2005 and compared to other counties across the US.

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

Monday, November 13, 2006

Housing Report for Tipton County, Tennessee

The State of Tennessee, Tipton County is positioned 6 of 95 by percentage growth in residential real estate. The county is positioned 237 of 3,141, comparing the percentage change in residential in other US counties.

In Tipton County, the real estate market was made up of 21,964 housing units in the year 2005. This represents a growth in housing units, adding a sum of 2,214 homes since 2001, or 11.2 percent.

According to the data, there is a large amount affordable residential real estate in Tipton County, Tennessee. In 2000, 74.5 percent of housing was valued under $125k.

Tipton County recorded a median home value in 2000 of $91,500, according to the Decennial Census. This is less than the State of Tennessee 2000 median owner-occupied dwelling value of $93,000 and less than median home value of $119,600 across the United States during the same year.





Data Source: U.S. Census Bureau

Monday, October 30, 2006

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

Manufacturing has a largest number of employee per establishment in Tipton County. In the County, the industry averages 73 jobs per place of business. This is greater than the industry's average at the national level of 39 and greater than the State of Tennessee average of 56 for the Manufacturing industry.

Manufacturing since the year 2001 was faced with the largest loss in employment in Tipton County. The sector dealt with a loss of 664 total jobs during the period, accounting for 21.1 percent of the employment in the industry. This made up a total of 93.7 percent of the total jobs loss in the County.

In Tipton County, Manufacturing, Construction and Wholesale trade have the highest US LQ in 2005. The Manufacturing sector has a United State LQ of 2.19. The level of employment in the Manufacturing industry is 2.19 times more than the average percent in the United States, revealing signs that Tipton specializes in Manufacturing.

Administrative and waste services is the industry that has grown the most in terms of employment from 2001-2005 in Tipton County, with a job growth of 110.5 percent. This is greater than the industry employment change in the United States of 4.5 percent. The State of Tennessee had changed in sector employment of 3.8 percent, in the duration of 2001 to 2005.

In Tipton County, Manufacturing, Retail Trade, and the Health care and social assistance sectors are the largest industries, in terms of total number of jobs in 2005. The Manufacturing provides the most jobs and contributes 28.1 percent of all jobs throughout the county, totaling 2,476 people employed. The Retail Trade and Health care and social assistance sectors provide 15.2 and 13.2 percent of the total jobs, respectively.

The Manufacturing sector has decreased the most in local industry presence in Tipton County since the year 2001. The industry went from accounting for 37.8 percent of total jobs in the year 2001 to 28.1 percent of total employment in the year 2005.





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

 

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