Winchester One-Year Industry Employment Change

Employment for all industries has increased by 5.3 percent from 2005 (2nd Quarter). These figures are greater than growth in Virginia, which saw a gain of 1.9 percent since the 2nd Quarter of 2005. The gains were greater than than the gain reported at the US level of 2 percent.

The Winchester Metro Area: One-Year Percentage Growth in Employment

The Land subdivision industry has witnessed the largest percentage of employment expansion, increasing by 85.1 percent from 2005 (2nd quarter) to 2006 (2nd quarter). This industry sector in Winchester has added employment faster than the growth seen in the industry for Virginia, where the industry felt a gain of 5.8 percent. The Land subdivision industry in Winchester outpaced the US in terms of percent growth of industry employment. During this period, the US gained 7.6 percent of the industry employment.

Top 5 Industries
1. Land subdivision (85.1 percent gain)
2. Sporting goods and musical instrument stores (44.0 percent gain)
3. Individual and family services (43.0 percent gain)
4. Furniture and furnishing merchant wholesalers (33.3 percent gain)
5. Shoe stores (24.6 percent gain)

The Winchester Metro Area: One-Year Percentage Decline in Employment

The Lumber and const. supply merchant wholesalers industry has lost the largest amount of employment in terms of percentage, losing 22.5 percent of the jobs from 2005 to 2006. These have declined faster than the industry has seen in the Virginia, where the industry sector experienced a gain of 3.3 percent. The losses in the Lumber and const. supply merchant wholesalers industry in Winchester outpaced the US in terms of percent of decline of industry employment. The US gained 5.2 in percent of jobs in the Lumber and const. supply merchant wholesalers industry.

Top 5 Industries
1. Lumber and const. supply merchant wholesalers (22.5 percent decline)
2. Logging (21.1 percent decline)
3. Machinery and equipment rental and leasing (20.7 percent decline)
4. Electronics and appliance stores (14 percent decline)
5. Misc. nondurable goods merchant wholesalers (11.5 percent decline)

Total One-Year Employment Decline in the Winchester Metro Area

From of the area's 4-digit NAICS industries, the Warehousing and storage industry has lost the most employment with a total loss of 58 jobs. The declines in the Warehousing and storage industry make up 22.4 percent of the employment lost during the period in Winchester, VA-WV.

Top 5 Industries
1. Warehousing and storage (58 jobs lost)
2. Electronics and appliance stores (36 jobs lost)
3. Lumber and const. supply merchant wholesalers (30 jobs lost)
4. Legal services (23 jobs lost)
5. Grocery and Related Product Wholesalers (18 jobs lost)

From the 55 industries with industry data reported by the BLS in each quarter, 21 showed an escalation in the number employed, while 34 industries reported employment loss in the period.

In the Winchester, VA-WV metro area, the entire sum of jobs in all of the industries has increased by 2,461 jobs from mid-2005 to mid-2006.

Total One-Year Employment Growth in the Winchester Metro Area

The Individual and family services industry has added the most employment with 99 employees finding new jobs in the industry. The employment growth in the Individual and family services industry makes up 14.0 percent of the growth in Winchester.

Top 5 Industries
1. Individual and family services (99 new jobs)
2. Services to buildings and dwellings (93 new jobs)
3. Architectural and engineering services (91 new jobs)
4. Gasoline stations (54 new jobs)
5. Sporting goods and musical instrument stores (45 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 Winchester, VA-WV

As the median income level saw a growth from 2000 to 2005 in the Winchester, VA-WV metro area, the Race/Ethnicity group that experienced the largest growth in median household income was the Race/Ethnicity category. This group experienced an of . percent in the last five years. The Race/Ethnicity group has been least impacted by the median income growth in Winchester, experiencing a . percent in median income, since the values reporting the 2000 Decennial Census.

When compared to other Metro Areas across the United States, the Winchester metro area can be recognized as having a medium-high poverty rate amongst the population, with a poverty rate of 12.9 percent of the individuals existing in families with incomes under the poverty level in 1999. The Black or African American race/ethnicity population category, holds the highest rate of poverty with 27.1 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 Winchester, reporting 19.4 percent of this age group in the area living in poverty.

Hispanic headed households in Winchester, VA-WV , as reported in 2000, had a median household income of $39,261, this median is 13.1 percent less than reported value of the areas total household median income for all households. Black or African American householders reported household income levels that were 34.7 percent less than the overall reported level in 2000, with a reported median of $29,524. In Winchester, VA-WV White householders had a median household income (in 2005 Dollars) of $48,284 according to the 2000 Dencennial Census, which was 6.8 percent greater than the median income in 2000. It was reported in 2000 that the Asian headed households had median household incomes of $50,352. This household income level is 11.4 percent greater than the reported median household income for all households in the area. The American Indian and Alaska Native headed households in Winchester had a median income of $40,887, this level was 9.5 percent less than the areas median level for all households.

The median household income in the area has increased from the 2000 values (inflation adjusted). The median income has increased to $49,736, which represents a 10 percent growth. The Winchester, VA-WV MSA, when comparing total percent of growth, ranks 9 of 10 metro area in percent of growth for the household income level in the State of Virginia. Winchester ranks 94 of 233 metro area in terms of the growth in median income level for the United States.

Compared to Metro Areas across the United States, the Winchester metro area had a medium-high household income of $45,199 (2005 Dollars). This median is 20.8 percent lower than the median in Virginia of $54,612 and the income level is 8.7 percent lower than the median in the US, which is $49,133.

The rate of poverty in the Winchester, VA-WV Metro has declined by 2.7 percent from the rates reported in the Decennial Census, moving from 12.9 percent to 10.2 percent.

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