Madison County One-Year Industry Employment Change

Madison County One-Year Percentage Growth in Employment

The Legal services industry has witnessed the largest percentage of employment expansion, increasing by 38.5 percent from 2005 (2nd quarter) to 2006 (2nd quarter). This industry sector in Madison County has added employment faster than the overall industry growth seen in the State of Virginia, where the industry felt a gain of 0.9 percent. The Legal services industry in Madison County outpaced the US in terms of percent growth of industry employment. During this period, the US gained 0.6 percent.

Top 5 Industries
1. Legal services (38.5 percent gain)
2. Auto parts, accessories, and tire stores (11.8 percent gain)
3. Building finishing contractors (8.8 percent gain)
4. Grocery stores (8.2 percent gain)
5. Lessors of real estate (6.3 percent gain)

Madison County One-Year Percentage Decline in Employment

The Other general merchandise stores industry has seen the largest percentage drop in employment, losing 42.1 percent from 2005 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry has seen in the Virginia, where the industry reported a gain of 3.7 percent. The losses in the Other general merchandise stores industry in Madison County outpaced the United States industry losses overall. During this period, the United States gained 3.3 in percent of jobs in the Other general merchandise stores industry.

Top 5 Industries
1. Other general merchandise stores (42.1 percent decline)
2. Electronic markets and agents and brokers (41.5 percent decline)
3. Private households (24.8 percent decline)
4. Services to buildings and dwellings (20.9 percent decline)
5. Other specialty trade contractors (17.2 percent decline)

The total number of jobs has decreased by 1.4 percent since the 2nd Quarter of 2005. This is greater than growth in the State of Virginia, which went through a gain of 1.9 percent from the 2nd Quarter of 2005. The losses in the area were greater than than the gain felt at the national level of 2.0 percent.

Out of the 18 4-digit NAICS industries, 10 accounted an for increase in employment during the period and 7 industries reported employment loss in the period.

In Madison County, Virginia, the total number of jobs throughout all industries has decreased by 41 jobs between mid-2005 and mid-2006.

Total One-Year Employment Decline in Madison County

From of the area's 4-digit NAICS industries, the Full-service restaurants industry experienced most substantial job loss, losing 13 jobs. The declines in the Full-service restaurants industry make up 18.4 percent of the total employment decline in Madison County, Virginia.

Top 5 Industries
1. Full-service restaurants (13 jobs lost)
2. Private households (10 jobs lost)
3. Other specialty trade contractors (8 jobs lost)
4. Other general merchandise stores (8 jobs lost)
5. Household and institutional furniture mfg. (6 jobs lost)

Total One-Year Employment Growth in Madison County

From the industries (4-digit NAICS) in the area, the Grocery stores industry has added the most employment with 9 employees finding new jobs in the industry. The employment growth in the Grocery stores industry makes up 39.4 percent of the total growth in Madison County.

Top 5 Industries
1. Grocery stores (9 new jobs)
2. Legal services (7 new jobs)
3. Building equipment contractors (3 new jobs)
4. Auto parts, accessories, and tire stores (2 new jobs)
5. Building finishing contractors (2 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 Madison County, Virginia

When compared to other counties (and parishes) throughout the United States, Madison County was reported to have a relatively high median income for all households of $46,632 (Adjusted to 2005 Dollars). This figure is 17.1 percent lower than the median in Virginia of $54,612 and the median household income is 5.4 percent lower than the median in the US, which is $49,133.

Black or African American householders reported household income levels that were 32.3 percent less than the total 2000 reported median, with a their median reported to be $31,590. The Asian householders in the area have reported their median household incomes at $129,672. This median is 178.1 percent greater than the reported median for all households in the area. In Madison County, Virginia White headed households reported a median household income (2005 Dollars) of $47,546 as reported in 2000 by the census, which was 2 percent greater than the median household income in 2000. Hispanic Householders in Madison County, Virginia , according to the 2000 census, had a median household income of $45,513, this income level is 2.4 percent less than the areas median income level for all households.

Contrasted against to other counties (or parishes) throughout the US, Madison County, Virginia can be recognized as having a medium-low poverty rate amongst the population, with a poverty rate of 9.6 percent with a family income under the 1999 poverty level. The American Indian and Alaska Native race/ethnicity population cohort, has the uppermost poverty rate with 100 percent of the 2000 residents living in poverty. People aged Under 5 years are experiencing most percent people in poverty in Madison County, reporting 17.2 percent of this age cohort living in poverty.







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