Dallas-Fort Worth-Arlington, TX

Dallas-Fort Worth-Arlington Metro Area industry wages have increased by 14.7% percent since 2001

2007-03-19T00:44:00.000-07:00

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From 2001 to 2006, average industry wages increased in the Dallas-Fort Worth-Arlington Metro Area by a total of 14.7%. This is less than the growth in wages for the State of Texas and less than the growth in industry wages across 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.

Dallas-Fort Worth-Arlington Five-Year Industry Employment Change

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Total Five-Year Employment Growth in the Dallas-Fort Worth-Arlington Metro Area

From the industries (4-digit NAICS) in the area, the Management and technical consulting services industry has added the most employment with 5,798 total jobs brought in during the period. The growth in the Management and technical consulting services industry makes up 47.6 percent of the total number of new jobs in Dallas-Fort Worth-Arlington.

Top 1 Industries
1. Management and technical consulting services (5,798 new jobs)

Of the 6 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 1 accounted an for increase in employment during the period and 5 industry sectors accounting for employment declines during that time period.

In the Dallas-Fort Worth-Arlington, TX metro area, the entire sum of jobs in all of the industries has increased by 16,369 jobs between mid-2001 and mid-2006.

Total Five-Year Employment Decline in the Dallas-Fort Worth-Arlington Metro Area

Of the area's industries (4-digit NAICS), the Other specialty trade contractors industry faced the greatest employment loss with a total loss of 591 jobs in that time period. The declines in the Other specialty trade contractors industry make up 100.1 percent of the total employment decline in Dallas-Fort Worth-Arlington, TX.

Top 5 Industries
1. Other specialty trade contractors (591 jobs lost)
2. Nonresidential building construction (90 jobs lost)
3. Services to buildings and dwellings (64 jobs lost)
4. Private households (56 jobs lost)
5. Building equipment contractors (46 jobs lost)

The Dallas-Fort Worth-Arlington Metro Area: Five-Year Percentage Decline in Employment

The Other specialty trade contractors industry has lost the largest percent of jobs, losing 4.2 percent from 2001 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry has seen in the Texas, where the industry felt a gain of 7.6 percent. The losses in the Other specialty trade contractors industry in Dallas-Fort Worth-Arlington outpaced the losses of nation as a whole in the industry. In this time period, the nation gained 22.3 in percent of workers in the Other specialty trade contractors industry.

Top 1 Industries
1. Other specialty trade contractors (4.2 percent decline)

Total employment has increased by 0.7 percent since the 2nd Quarter of 2001. This is less than percent in the State of Texas, which saw a gain of 4.8 percent from 2001 (2nd Quarter). The gains the area experienced were less than than the gain felt at the national level of 2.6 percent.

The Dallas-Fort Worth-Arlington Metro Area: Five-Year Percentage Growth in Employment

The Unclassified industry has seen the largest percentage job growth, expanding by 235.7 percent from the 2nd quarter of 2001 to the 2nd quarter of 2006. This industry sector in Dallas-Fort Worth-Arlington has increased employment faster than the overall industry growth seen in the State of Texas, where it saw a gain of 222.1 percent. The Unclassified industry in Dallas-Fort Worth-Arlington outpaced the national average, which felt a gained 1.7 percent of the employment in this industry.

Top 5 Industries
1. Unclassified (235.7 percent gain)
2. Management and technical consulting services (26.5 percent gain)
3. Other professional and technical services (14.8 percent gain)
4. Building foundation and exterior contractors (5.1 percent gain)
5. Accounting and bookkeeping services (1.1 percent gain)

Dallas-Fort Worth-Arlington One-Year Industry Employment Change

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Total industry employment has increased by 4 percent since the 2nd Quarter of 2005. This is less than growth in Texas, which saw a gain of 4 percent from 2005 (2nd Quarter). The gains in the area were greater than than the gain seen for the United States of 2 percent.

The Dallas-Fort Worth-Arlington Metro Area: One-Year Percentage Decline in Employment

The Other pipeline transportation industry has seen the largest percentage drop in employment, losing 47.5 percent from 2005 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry sector has gone through in the Texas, where the industry reported a gain of 3.6 percent. The losses in the Other pipeline transportation industry in Dallas-Fort Worth-Arlington outpaced the US in terms of percent of decline of industry employment. The US gained 0.1 in percent of jobs in the Other pipeline transportation industry.

Top 5 Industries
1. Other pipeline transportation (47.5 percent decline)
2. General rental centers (20.9 percent decline)
3. Other information services (19.1 percent decline)
4. Interurban and rural bus transportation (16.6 percent decline)
5. Power generation and supply (12.5 percent decline)

The Dallas-Fort Worth-Arlington Metro Area: One-Year Percentage Growth in Employment

The Other animal production industry has witnessed the largest percentage of employment expansion, increasing by 36.2 percent from the 2nd quarter of 2005 to the 2nd quarter of 2006. This industry sector in Dallas-Fort Worth-Arlington has expanded faster than the overall industry growth seen in the State of Texas, where the industry felt a gain of 4.5 percent. The Other animal production industry in Dallas-Fort Worth-Arlington outpaced the nation in terms of industry employment growth . During this period, the nation gained 0 percent of the industry employment.

Top 5 Industries
1. Other animal production (36.2 percent gain)
2. Sea, coastal, and Great Lakes transportation (35.1 percent gain)
3. RV parks and recreational camps (34.5 percent gain)
4. Support activities for mining (34.2 percent gain)
5. Remediation and other waste services (33.5 percent gain)

Total One-Year Employment Decline in the Dallas-Fort Worth-Arlington Metro Area

The Communications equipment manufacturing industry faced the greatest employment loss with a total loss of 1,177 jobs during the time period. The jobs lost in the Communications equipment manufacturing industry make up 10.4 percent of the jobs lost during the period in Dallas-Fort Worth-Arlington, TX.

Top 5 Industries
1. Communications equipment manufacturing (1,177 jobs lost)
2. Telecommunications resellers (880 jobs lost)
3. Power generation and supply (783 jobs lost)
4. Scheduled air transportation (709 jobs lost)
5. Other food manufacturing (687 jobs lost)

Total One-Year Employment Growth in the Dallas-Fort Worth-Arlington Metro Area

The Employment services industry has brought the most jobs with a total of 11,937 jobs added during the time period. These new jobs in the Employment services industry makes up 16.7 percent of the total growth in Dallas-Fort Worth-Arlington.

Top 5 Industries
1. Employment services (11,937 new jobs)
2. Nondepository credit intermediation (4,648 new jobs)
3. Limited-service eating places (4,545 new jobs)
4. Management and technical consulting services (2,923 new jobs)
5. Depository credit intermediation (2,744 new jobs)

Of the 205 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 62 reported job growth in the duration of the year and 143 industry sectors reported declines during the time period.

In the Dallas-Fort Worth-Arlington, TX metro area, the total number of jobs throughout all industries has increased by 93,673 jobs from mid-2005 to mid-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.

Income and Poverty in Dallas-Fort Worth-Arlington, TX

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The rate of poverty in the Dallas-Fort Worth-Arlington, TX Metro has increased by 2.3 percent since the amount published in 2000, moving from 10.8 percent to 13.1 percent.

Black or African American householders reported household income levels that were 31.6 percent less than the total 2000 reported median, with a their median reported to be $37,934. The Asian householders in the area have reported their median household incomes at $62,880. This income level is 13.3 percent greater than the reported median for all households in the area. Hispanic in Dallas-Fort Worth-Arlington, TX recorded a median income of $41,585, this median is 25 percent less than the areas median income level for all households. The households that were headed by an American Indian and Alaska Native individual in Dallas-Fort Worth-Arlington had a median household income level of $49,520, which was 10.7 percent less than the median for all households. In Dallas-Fort Worth-Arlington, TX White householders had a median household income (in 2005 Dollars) of $60,956 according to the Decennial Census of 2000, which was 9.9 percent greater than the median in the year 2000.

As the median income level saw a decline in the last five year in the Dallas-Fort Worth-Arlington, TX metro area, the Race/Ethnicity group that experienced the largest decline in median household income was the Hispanic Race/Ethnicity category. This group experienced a decline of 45.1 percent from 2000 to 2005. The Asian Race/Ethnicity category has been least effected by the income level decline in Dallas-Fort Worth-Arlington, seeing a 34.1 percent increase in median income, since the values reporting the 2000 Decennial Census.

When compared to other Metro Areas across the United States, the Dallas-Fort Worth-Arlington metro area can be understood to have a medium-low poverty rate amid the residents with a poverty rate of 10.8 percent with a family income under the 1999 poverty level. The Hispanic race/ethnicity demographic category, owns the foremost rate of poverty with 19.9 percent of the people in 2000 living in poverty. The population that is aged Under 5 years have the most percent of people living in poverty in Dallas-Fort Worth-Arlington, reporting 15.7 percent of this demographic group living with incomes under poverty.

The household income has declined from the 2000 values (inflation adjusted). The median income has decreased to $49,740, which amounts to a 10.3 percent decline. The Dallas-Fort Worth-Arlington, TX MSA, in terms of percentage of decline, ranks 12 of 22 metro area in percent of decline for income levels in the State of Texas. Dallas-Fort Worth-Arlington ranks 79 of 233 metro area in terms of the decline in median income level for the United States.

When compared to other Metro Areas throughout the United States, the Dallas-Fort Worth-Arlington metro area had a relatively high median income for households of $55,479 (Adjusted to 2005 Dollars). This figure is 15.8 percent higher than the median in State of Texas of $46,715 and this is 11.4 percent higher 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 Dallas-Fort Worth-Arlington, TX Metro Area

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Dallas-Fort Worth-Arlington, TX Metro Area can be considered to have a highly-educated population of the working age, with 30 percent of the population over 25 years old having received at least a Bachelors Degree, according to the American Community Survey of 2005. The Dallas-Fort Worth-Arlington MSA counted a higher percent of the population with at least a Bachelors than the State of Texas's proportion of 25.2 percent and a higher percent than the average across the nation of 27.2 percent.

Reported by the 2005 American Community Survey in the Dallas-Fort Worth-Arlington, TX Metro Area, the most common level of education achieved in the area for the male population is the Bachelors Degree or Higher category, with 32 percent obtaining this level of education. The women in the Dallas-Fort Worth-Arlington metro area have achieved a lower level of higher education (Bachelors or Higher) than men; 32 percent (Men) versus 28 percent (Women). Many of the women in the area achieving a Some College or Associates Degree category, with 29.8 percent of the women population in the area achieving this level of education.

From 2000 to 2005, the percent of the male population that can be considered highly educated has increased by 1.0 percent. In the year 2005, 32 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 2.0 percent. By 2005, a total of 28 percent of the female population had achieved this level of education.

From the year 2000, the Dallas-Fort Worth-Arlington metro area has increased in the population percent with a Bachelors of Higher. This population percent has grown by 1.6 percent to a total of 30 percent in 2005, as reported by the American Community Survey. The proportion of the 2005 population having received at least a BA is greater than the State of Texas percent of 25.2 and greater than the United States percent of 27.2.

In the Dallas-Fort Worth-Arlington, TX Metro Area as reported in the 2005 American Community Survey, 32.8 percent of the White Alone, 19.8 percent of Black or African American, 52.4 percent of the Asian alone and 10.2 percent of the Hispanic or Latino population (over 25) has obtained a Bachelors Degree or Higher.

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

Demographic Profile for Dallas-Fort Worth-Arlington, TX

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The Dallas-Fort Worth-Arlington metro area had a population that was estimated at 5,819,475 for the year 2005. The total population has increased sharply, since the 2000 total population of 5,196,397. This growth shows an increase of 12 percent. Dallas-Fort Worth-Arlington ranks 1 of 25 MSAs by growth in total population in Texas and the metro area ranks 3 of 361 metro areas when analyzing total MSA population change across the nation.

From 2000, a very high amount of people have migrated into the Dallas-Fort Worth-Arlington metro area, with 232,235 people migrating in from another country. The international migration into Dallas-Fort Worth-Arlington makes up 35 percent of the total international migration into the State of Texas. This amount of international migration is very high when compared to international migration per 2005 population.

The Dallas-Fort Worth-Arlington metropolitan statistical area (MSA) has a population base that is comprised of 54.4 percent White, 13.9 percent African American, 4.5 percent Asian, and 25.6 percent Hispanic. The area can be described as having a very high level of diversity, with 44.0 percent of minorities in the 2005 population base. This is less than the State of Texas percent of 49.5. Since 2000, Dallas-Fort Worth-Arlington has increased in diversity when 39.5 percent of the total population were minorities.

In terms of total land area, the Dallas-Fort Worth-Arlington metro area spans a total area of 8990 square miles. The land areas has a high population density of 647 persons per square mile, in 2005. Other US metro areas with similar densities include: -- more densely populated -- San Jose-Sunnyvale-Santa Clara (655 per sq. mile ), Cape Coral-Fort Myers (678 per sq. mile ), Flint (694 per sq. mile ), -- less densely populated -- Bremerton-Silverdale (608 per sq. mile ), Houston-Baytown-Sugar Land (591 per sq. mile ), Racine (588 per sq. mile ).

In the year 2005, the U.S. Census Bureau estimates the median age in the Dallas-Fort Worth-Arlington metro area to be 32.9 years of age. The median in Dallas-Fort Worth-Arlington is less than the median age for the State of Texas of 33.2. Since 2000, the area has experienced an increase in the median age, at that time the median was 32.1 years of age. With a total of 0.6 percent of the population in the year 2005 being made up of individuals less than 18 years old, Dallas-Fort Worth-Arlington can be understood as having a medium-high proportion of youths. The working age population group (18-64) has a medium-low representation within the population, making up 61.6 percent of the population falling in this age category. The retirement (65 and over) group makes up 13.4 percent of the population. When compared to other metro areas in the United States, this represents a medium-low proportion of the area population base.

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

Housing Report for Dallas-Fort Worth-Arlington

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In Dallas-Fort Worth-Arlington, there were a total of 2,254,642 housing units in the year 2005. This represents a medium-high growth level in the number housing units, adding a sum of 200,297 housing units since the year 2001, or 9.7 percent.

The residential housing values in Dallas-Fort Worth-Arlington, Texas have seen large increases since their reported values in 2000. The values have increased by $33,900, or 33.9 percent, since 2000 when their medians were valued at $100,000.

Throughout the State of Texas, Dallas-Fort Worth-Arlington is positioned 6 of the 25 metro areas by percent in growth of new residential structures. The metropolitan area places 65 of 361, compared to percent change of residential structures in other metropolitan areas throughout the United States.

Dallas-Fort Worth-Arlington had an owner-occupied dwelling median in 2005 of $133,900, accounted by the American Community Survey. This value is greater than the Texas 2005 home value of $106,000 and less than median owner-occupied dwelling value of $167,500 across the nation during that year.

It can be understood that there is a fair amount affordable residential real estate in Dallas-Fort Worth-Arlington, Texas. In 2005, 45.3 percent of the homes were valued under $125,000.

Dallas-Fort Worth-Arlington is made up of a medium proportion of residential real estate that is high priced. During the year 2005, the American Community Survey accounted that 3.4 percent of the houses were valued over a half a million dollars.

Data Source: U.S. Census Bureau

Employment Report for Dallas, Texas -- Annual 2005 Industry Summary

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In Dallas, Real estate and rental and leasing, Wholesale trade and Finance and insurance are the three industries with the highest location quotients. The Real estate and rental and leasing industry has a US LQ in the region of 1.31. The percent of employment in the Real estate and rental and leasing sector is 1.31 times the percent of the national average, This signifies that Dallas specializes in Real estate and rental and leasing.

In Dallas, Retail Trade, Manufacturing, and the Administrative and waste services industries are the largest employment industries. The Retail Trade is the largest employment industry and makes up 13 percent of all jobs throughout the region, totaling 307,394 individuals. The Manufacturing and Administrative and waste services industries make up 12.6 and 8.7 percent of total employment, respectively.

Manufacturing is the industry with the largest establishments in Dallas MSA. In the region, the industry averages 43 employees per business. This is greater than the industry's average in the United States of 39 and greater than the State of Texas establishments size average of 38 for the Manufacturing industry.

Manufacturing since the year 2001 lost the most jobs in the Dallas Metropolitan Area. The industry was hit with a loss of 41,291 total jobs during the period, accounting for 12.2 percent of jobs in the industry. The losses in this industry made up 52.1 percent of the total loss in employment during the period.

A well-paying sector in Dallas is the wholesale trade industry with wages that annually pay $61,844. Locally, since the year 2001, the industry annual average wages have grown by 7.3 percent or $4,215. The State of Texas has a similar economic condition in the wholesale trade sector, standing near the top of sectors by 2004 industry pay.

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