Collin County, Texas

In Collin County, jobs in the management of companies and enterprises pay the highest wages

2007-03-21T07:06:00.000-07:00

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Employment in the management of companies and enterprises industry paid the average highest wages in Collin County for the 2nd quarter of 2006. The average worker in the industry in Collin County received an annual wage of $116,909 in 2006. The average wage is greater than the average industry wage in the State of Texas of $82,207 and greater than then the pay for jobs in this industry across the nation of $82,655.

High-wage employment in Collin County, Texas may be found in commercial equip. merchant wholesalers ($105,774), software publishers ($104,221), independent artists, writers, and performers ($102,769) and electronic instrument manufacturing ($101,854) 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.

Collin County Wages have increased by 17.9% Since 2001

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Industry wages, from 2001 to 2006, have increased in Collin County, Texas by a total of 17.9%. This is greater than the growth in industry wages for Texas 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.

Collin County Five-Year Industry Employment Change

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Collin County Five-Year Percentage Growth in Employment

The Activities related to credit intermediation industry has witnessed the largest percentage of employment expansion, increasing by 2928.9 percent from 2001 to 2006. This industry in Collin County has grow faster than the industry has grown in the State of Texas, where the industry took a gain of 65 percent. The Activities related to credit intermediation industry in Collin County outpaced the US in terms of percent growth of industry employment. During this period, the US gained 49.5 percent in this industry.

Top 5 Industries
1. Activities related to credit intermediation (2928.9 percent gain)
2. Other electrical equipment and component mfg. (824.1 percent gain)
3. Wireless telecommunications carriers (452.7 percent gain)
4. Motor vehicle and parts merchant wholesalers (426.8 percent gain)
5. Nondepository credit intermediation (418.8 percent gain)

Employment for all industries has increased by 46 percent from 2001 (2nd Quarter). These figures are greater than growth in the State of Texas, which went through a gain of 4.8 percent since the 2nd Quarter of 2001. The gains in the area were greater than than the gain felt at the national level of 2.6 percent.

Collin County Five-Year Percentage Decline in Employment

The Drinking places, alcoholic beverages industry has seen the largest percentage drop in employment, losing 80.8 percent from 2001 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry sector has felt in the State of Texas, where the industry sector experienced a loss of 6.7 percent. The losses in the Drinking places, alcoholic beverages industry in Collin County outpaced the United States industry losses overall. During this period, the United States lost 9.7 percent in terms of employees in the Drinking places, alcoholic beverages industry.

Top 5 Industries
1. Drinking places, alcoholic beverages (80.8 percent decline)
2. Furniture and furnishing merchant wholesalers (60.2 percent decline)
3. Other general purpose machinery manufacturing (58.1 percent decline)
4. Other animal production (56.9 percent decline)
5. Bakeries and tortilla manufacturing (47.5 percent decline)

Total Five-Year Employment Decline in Collin County

From of the area's 4-digit NAICS industries, the Communications equipment manufacturing industry faced the greatest employment loss with a total loss of 569 jobs during the period. The employment lost in the Communications equipment manufacturing industry make up 14.9 percent of the jobs lost during the period in Collin County, Texas.

Top 5 Industries
1. Communications equipment manufacturing (569 jobs lost)
2. Electric goods merchant wholesalers (391 jobs lost)
3. Newspaper, book, and directory publishers (346 jobs lost)
4. Other general purpose machinery manufacturing (309 jobs lost)
5. Office supplies, stationery, and gift stores (293 jobs lost)

Of the 155 industries with industry data reported by the BLS in each quarter, 36 described an expansion of jobs throughout the time period, while 119 industries reported employment loss in the period.

Total Five-Year Employment Growth in Collin County

The Nondepository credit intermediation industry has grown the most with 10,658 new jobs created in the period. The job growth in the Nondepository credit intermediation industry makes up 14.1 percent of the total employment growth in Collin County.

Top 5 Industries
1. Nondepository credit intermediation (10,658 new jobs)
2. Department stores (4,200 new jobs)
3. Other amusement and recreation industries (3,732 new jobs)
4. Limited-service eating places (3,586 new jobs)
5. Full-service restaurants (3,518 new jobs)

In Collin County, Texas, the entire sum of jobs in all industries overall has increased by 72,316 jobs between mid-2001 and 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.

Collin County One-Year Industry Employment Change

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In Collin County, Texas, the total number of workers for all sectors has increased by 17,459 total jobs from 2005 to 2006.

Of the 169 industries with industry data reported by the BLS in each quarter, 53 accounted an for increase in employment during the period and 115 industry sectors reported declines during the time period.

Total One-Year Employment Growth in Collin County

From the industries (4-digit NAICS) in the area, the Nondepository credit intermediation industry has brought the most jobs with a total of 3,926 jobs added during the time period. These new jobs in the Nondepository credit intermediation industry makes up 19.4 percent of the total growth in Collin County.

Top 5 Industries
1. Nondepository credit intermediation (3,926 new jobs)
2. Computer systems design and related services (1,676 new jobs)
3. Other amusement and recreation industries (1,330 new jobs)
4. Employment services (787 new jobs)
5. Data processing and related services (716 new jobs)

Total One-Year Employment Decline in Collin County

The Building equipment contractors industry has lost the most employment with a total loss of 293 jobs during the time period. The jobs lost in the Building equipment contractors industry make up 13.2 percent of the jobs lost during the period in Collin County, Texas.

Top 5 Industries
1. Building equipment contractors (293 jobs lost)
2. Warehousing and storage (256 jobs lost)
3. Full-service restaurants (185 jobs lost)
4. ISPs and web search portals (181 jobs lost)
5. Spectator sports (137 jobs lost)

Total industry employment has increased by 8.2 percent since the 2nd Quarter figures of 2005. This change is greater than growth in Texas, which experienced a gain of 4.0 percent from 2005 (2nd Quarter). The gains in the area were greater than than the gain felt at the national level of 2.0 percent.

Collin County One-Year Percentage Decline in Employment

The Spectator sports industry has seen the largest percentage drop in employment, losing 80.1 percent of the jobs from 2005 to 2006. These have declined faster than the industry has experienced in the State of Texas, where the industry sector experienced a loss of 0.2 percent. The losses in the Spectator sports industry in Collin County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States gained 2.2 percent in terms of employment in the Spectator sports industry.

Top 5 Industries
1. Spectator sports (80.1 percent decline)
2. Warehousing and storage (71.8 percent decline)
3. Other nonmetallic mineral products (46.5 percent decline)
4. Florists (35.6 percent decline)
5. Coating, engraving, and heat treating metals (33.8 percent decline)

Collin County One-Year Percentage Growth in Employment

The Facilities support services industry has seen the largest percentage job growth, expanding by 93.6 percent from the 2nd quarter of 2005 to the 2nd quarter of 2006. This industry sector in Collin County has increased employment faster than the industry job growth experienced in Texas, where the industry felt a gain of 4 percent. The Facilities support services industry in Collin County outpaced the US in terms of percent growth of industry employment. During this period, the US gained 5.6 percent of the industry employment.

Top 5 Industries
1. Facilities support services (93.6 percent gain)
2. Management of companies and enterprises (78.2 percent gain)
3. Commercial machinery repair and maintenance (75.0 percent gain)
4. Other textile product mills (61.9 percent gain)
5. Commercial and service industry machinery (54.5 percent gain)

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 Collin County, Texas

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The areas median household income has declined from the inflation-adjusted 2000 income levels. The income level has decreased to $70,784, which represents a 14.6 percent decline. Collin County, Texas, when analyzing percentage of decline, ranks 11 of 46 counties in percent of decline for income levels in the State of Texas. Collin County ranks 59 of 668 counties (or parishes) when comparing the decline in median income in the US.

Contrasted against to other counties (or parishes) throughout the US, Collin County, Texas can be understood to have a very low poverty rate amongst the population, with a poverty rate of 4.9 percent of the individuals existing in families with incomes under the poverty level in 1999. The Hispanic race/ethnicity demographic group, represents the largest rate of poverty with 14.7 percent of the 2000 population living in poverty. People that are of the age 75 years and over have the most percent of people living in poverty in Collin County, reporting 10.2 percent of the population in this age category living in poverty.

When compared to other counties (and parishes) throughout the United States, Collin County was reported to have a very high median income for households of $82,877 (2005 Dollars). The income level is 43.6 percent higher than the median in State of Texas of $46,715 and the median is 40.7 percent higher than the median household income in the United States of $49,133.

The poverty rate in Collin County, Texas has increased by 1.3 percent since the amounts published in 2000, moving from 4.9 percent to 6.2 percent.

As the median income level saw a decline from 2000 to 2005 in Collin County, Texas, the Race/Ethnicity group that experienced the largest decline in median household income was the American Indian and Alaska Native category. This category saw a decline of 45 percent since 2000. The White Race/Ethnicity group has been least impacted by the median income decline in Collin County, encountering a 12.7 percent decline in median household income from 2000 to 2005.

Black or African American householders reported a median household income that was 23.4 percent less than the overall median reported in 2000, with a reported median of $63,450. The American Indian and Alaska Native headed households in Collin County had a median income of $57,656, this median was 30.4 percent less than the areas median level for all households. Hispanic headed households in Collin County, Texas , as reported in 2000, had a median household income of $54,781, which is 33.9 percent less than the areas median income level for all households. In Collin County, Texas White headed households reported household income (in 2005 Dollars) of $84,761 according to the Decennial Census of 2000, which was 2.3 percent greater than the median household income in 2000. It was reported in 2000 that the Asian headed households had median household incomes of $91,898. This median income level is 10.9 percent greater than the all households reported median in the area.

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

Higher Education in Collin County, Texas

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Collin County, Texas may to understood as having a very highly-educated working age population, with 47.4 percent of the population (+25) having received a BA or higher, as reported the 2000 Decennial Census. Collin counted a higher percent of individuals with higher educations than the State of Texas's proportion of 23.2 percent and a higher percent than the national average of 24.4 percent.

Between 2000 and 2005, the percent of the male population that can be understood as highly educated has increased by 0.6 percent. By the year 2005, 52.6 percent of the total male population, in the area, has obtained at least a Bachelors Degree. From 2000 to 2005, the percent of women with a Bachelors or Higher has increased by a total of 1.6 percent. By 2005, a total of 44 percent of the female population having received at least a Bachelors Degree.

According to the 2000 Decennial Census in Collin County, Texas, many men in the area have reached the Bachelors Degree or Higher category, with 52.4 percent obtaining this level of education. The women in Collin have on average achieved a lower level of higher education (Bachelors Degree or Higher) than the male population-- 52.4 percent (Men) versus 42.4 percent (Women). The most common level of education for women in the area is Bachelors Degree or Higher category, with 42.4 percent of the areas female population attaining this level of education.

From the year 2000, Collin has increased in the population percent with a Bachelors Degree or Higher. This population percent has grown by 0.8 percent to a total of 48.2 percent in 2005. The American Community Survey reports that the proportion of the 2005 population that is highly educated is greater than the 2005 State of Texas percent of 25.2 and greater than the US percent of 27.2.

In Collin County, Texas as reported in the Census of the year 2000, 47 percent of the White Alone, 42.8 percent of Black or African American, 72.2 percent of the Asian alone and 22.4 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. 2005 American Community Survey.

Demographic Profile for Collin County, Texas

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Collin County, Texas had a population of 659,457 in the year 2005. The population has increased very sharply, since the population in 2000 of 500,136. This growth signifies an increase of 31.9 percent. Collin ranks 3 of 254 counties when calculating total change in population for Texas and the county ranks 8 of 3,141 counties by growth in county population in the United States.

From 2000, a very high number of individuals have migrated to Collin from outside the country. The immigration into Collin accounts for 2.8 percent of all immigration into Texas. This amount of international migration is very high when comparing levels of immigration per population in 2005.

When measuring the total land area, Collin extends a total area of 848 total square miles. The area has a high average population density of 778 persons per square mile. Other counties with similar densities in the US include: -- more densely populated -- Forsyth, NC (796 per sq. mile ), Knox, TN (796 per sq. mile ), Newport, RI (805 per sq. mile ), -- less densely populated -- Northampton, PA (770 per sq. mile ), Will, IL (768 per sq. mile ), Anoka, MN (765 per sq. mile ).

Collin County, Texas has a population that is made of 69 percent White, 6.7 percent African American, 9.5 percent Asian, and 12.8 percent Hispanic. This area can be considered to have a high level of diversity, with 29.0 percent of minorities in the 2005 population base. This is less than the State of Texas percent of 49.5. Since 2000, Collin has increased the percent of minority population when 22.2 percent of the population was made up of minorities.

The U.S. Census Bureau, in the year 2005, estimated a median age in Collin County, Texas to be 33.5 years of age. The median age in Collin is greater than the median in Texas of 33.2. From 2000, the area has seen an increase in the median age, at that time the median was 32.9 years old. With 27.6 percent of the 2005 population being made up of children and youth younger than 18, Collin can be described as being made up of a relatively high percent of individuals under 18. The working age population group (18-64) has a relatively high representation within the estimated 2005 area population, making up 66.4 percent of the population within the age group. People 65 and older make up 6.1 percent of the population in the area. When compared to other counties throughout the United States, this represents a relatively low proportion of the area population base.

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

Housing Report for Collin County, Texas

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Collin County had an owner-occupied dwelling median in 2005 of $185,300, reported by the American Community Survey. This median is greater than the Texas 2005 median owner-occupied dwelling value of $106,000 and greater than home value of $167,500 across the nation during that year.

In Collin County, the real estate market was made up of 250,452 homes in the year 2005. This county has gone through a growth in housing units, adding all together 42,926 homes since 2001, or 20.7 percent.

The owner-occupied dwellings in Collin County, Texas have moderate increases from the housing values in 2000. The residential values have increased by $29,800, or 19.2 percent, from their 2000 value of $155,500.

Collin County may be be described as having a medium proportion of high-valued homes. In 2005, the American Community Survey reports that 5 percent owner-occupied dwelling are valued over a half a million dollars.

There is a limited amount affordable residential real estate in Collin County, Texas. In 2005, 15 percent of residential real estate was valued under $125,000.

The State of Texas, Collin County is positioned 2 of 254 by percentage growth in residential real estate. The county is positioned 43 of 3,141, comparing the percentage change in residential in other US counties.

Data Source: U.S. Census Bureau

Employment Report for Collin County, Texas -- Annu...

2006-10-30T23:08:00.000-08:00

Employment Report for Collin County, Texas -- Annual 2005 Industry Summary

In Collin County, Retail Trade, Accommodation and food services, and the Finance and insurance sectors, in terms of total employment, are the largest. Retail Trade produces the largest number of jobs in the area accounting for 17.6 percent of all the jobs in the county. This makes up 37,569 employees. The Accommodation and food services and Finance and insurance industries make up 10.9 and 9.9 percent of industry employment.

Manufacturing since the year 2001 lost the most jobs in Collin County. The industry was hit with a loss of 744 jobs, or 3.5 percent of the employment in the industry. This made up a total of 60.3 percent of the total loss in employment during the period.

In Collin County, Information, Real estate and rental and leasing and Finance and insurance have the highest US LQ in 2005. The Information industry has an LQ of 3.08. The level of employment in the Information sector is 3.08 times more than the average percent in the United States, revealing signs that Collin may be an exporter of products or services of Information.

Finance and insurance is the industry that has seen the largest increase in jobs from the year 2001 to the present in Collin County, changing a total of 118.7 percent. This is greater than the change of total jobs in the industry for the United States of 4.8 percent. The State of Texas faced a industry job change of 9.5 percent, during the time since 2001.

Information is the industry with the largest establishments in Collin County. In the County, the industry averages 50 jobs per establishment, which is greater than the US industry average of 22 and greater than the State of Texas average establishment size of 24 for the Information industry.

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