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

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Jobs in the electronic markets and agents and brokers industry wages were the highest in Bedford County for 2006. The average worker in the industry in Bedford County earned an annual wage of $62,648 in 2nd quarter of 2006. The pay is less than the industry wage rate in Virginia of $79,013 and less than then the wage for jobs in this industry at the United States Level of $67,074.

Top-pay jobs in Bedford County, Virginia exsists in nonresidential building construction ($52,691), architectural and engineering services ($50,908), misc. nondurable goods merchant wholesalers ($49,622) and computer systems design and related services ($47,402) 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.

Bedford County Wages have increased by 14.3% Since 2001

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From 2001 to 2006, average industry wages increased in Bedford County, Virginia by a total of 14.3%. This is less than the growth in industry wages for the State of Virginia 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.

Bedford County Industry Wages Lag Behind Virginia, and Wages Lag Behind the United States

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Total wages in all industries in Bedford County, Virginia when analyzed can be understood as being medium-low when analyzed with other Counties in the state. The overall wages are 32.3 percent lower than the state, which accounted an average of $42,126. The industry pay was less than the industry average in the US 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.

Bedford County Five-Year Industry Employment Change

Bedford County Five-Year Percentage Growth in Employment

The Activities related to real estate industry has gone through the largest job growth by percent, increasing by 510.4 percent from the 2001 (Q2) to the 2006 (Q2). This industry in Bedford County has increased employment faster than the overall industry growth seen in the State of Virginia, where the industry took a gain of 15.8 percent. The Activities related to real estate industry in Bedford County outpaced the US in terms of percent growth of industry employment. During this period, the US gained 19 percent in this industry.

Top 5 Industries
1. Activities related to real estate (510.4 percent gain)
2. Professional and similar organizations (468.6 percent gain)
3. Legal services (387.0 percent gain)
4. Insurance carriers (254.7 percent gain)
5. Grocery and Related Product Wholesalers (198.8 percent gain)

Bedford County Five-Year Percentage Decline in Employment

The Commercial equip. merchant wholesalers industry has lost the largest percent of jobs, losing 51.5 percent from 2001 (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 4.1 percent. The losses in the Commercial equip. merchant wholesalers industry in Bedford County outpaced the losses of nation as a whole in the industry. In this time period, the nation lost 7.2 in percent of workers in the Commercial equip. merchant wholesalers industry.

Top 5 Industries
1. Commercial equip. merchant wholesalers (51.5 percent decline)
2. Specialty food stores (44.1 percent decline)
3. Other miscellaneous store retailers (38 percent decline)
4. Grocery stores (18.4 percent decline)
5. Sawmills and wood preservation (16.6 percent decline)

Total employment has increased by 22.4 percent since the 2nd Quarter of 2001. This is greater than percent in Virginia, experiencing a gain of 5.2 percent from 2001 (2nd Quarter). The gains in the area were greater than than the gain felt at the national level of 2.6 percent.

Total Five-Year Employment Growth in Bedford County

The Residential building construction industry has grown the most with 182 total jobs brought in during the period. The growth in the Residential building construction industry makes up 14.7 percent of the total number of new jobs in Bedford County.

Top 5 Industries
1. Residential building construction (182 new jobs)
2. Advertising and related services (111 new jobs)
3. Activities related to real estate (82 new jobs)
4. Building equipment contractors (70 new jobs)
5. Building foundation and exterior contractors (68 new jobs)

Total Five-Year Employment Decline in Bedford County

Of the area's industries (4-digit NAICS), the Grocery stores industry faced the greatest employment loss with a total loss of 68 jobs during the time period. The jobs lost in the Grocery stores industry make up 26.2 percent of the employment lost during the period in Bedford County, Virginia.

Top 5 Industries
1. Grocery stores (68 jobs lost)
2. Other specialty trade contractors (42 jobs lost)
3. Building finishing contractors (23 jobs lost)
4. Nonresidential building construction (20 jobs lost)
5. Commercial equip. merchant wholesalers (17 jobs lost)

In Bedford County, Virginia, the total number of workers for all sectors has increased by 2,298 total jobs from 2001 to 2006.

Given the 58 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 20 showed an escalation in the number employed, while 38 industries reported a drop in employment.





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.

Bedford County One-Year Industry Employment Change

Bedford County One-Year Percentage Decline in Employment

The Specialized design services industry has seen the largest percentage drop in employment, losing 39.1 percent of the jobs from 2005 to 2006. These have declined faster than the industry sector has felt in the State of Virginia, where the industry reported a gain of 1.9 percent. The losses in the Specialized design services industry in Bedford County outpaced the United States industry losses overall. During this period, the United States gained 7 in percent of workers in the Specialized design services industry.

Top 5 Industries
1. Specialized design services (39.1 percent decline)
2. Household goods repair and maintenance (33.3 percent decline)
3. Computer systems design and related services (29.9 percent decline)
4. Other miscellaneous store retailers (23.4 percent decline)
5. Automotive repair and maintenance (21.4 percent decline)

Employment for all industries has increased by 9.6 percent from 2005 (2nd Quarter). These figures are greater than percent in the State of Virginia, which saw a gain of 1.9 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.

Bedford County One-Year Percentage Growth in Employment

The Offices of dentists industry has gone through the largest job growth by percent, increasing by 81.0 percent from 2005 to 2006. This industry in Bedford County has grow faster than the industry has grown in the State of Virginia, where the industry felt a gain of 2.8 percent. The Offices of dentists industry in Bedford County outpaced the United States, which experienced a gained 1.8 percent.

Top 5 Industries
1. Offices of dentists (81.0 percent gain)
2. Utility system construction (67.0 percent gain)
3. Management and technical consulting services (44.8 percent gain)
4. Electronics and appliance stores (40.4 percent gain)
5. Offices of other health practitioners (40.0 percent gain)

Total One-Year Employment Growth in Bedford County

From the industries (4-digit NAICS) in the area, the Other specialty trade contractors industry has accounted the most employment growth with a total of 69 total jobs brought in during the period. The growth in the Other specialty trade contractors industry makes up 11.5 percent of the total growth in Bedford County.

Top 5 Industries
1. Other specialty trade contractors (69 new jobs)
2. Utility system construction (41 new jobs)
3. Other amusement and recreation industries (38 new jobs)
4. Residential building construction (30 new jobs)
5. Offices of dentists (28 new jobs)

Given the 70 4-digit NAICS industries, 20 accounted an for increase in employment during the period and 48 industries reported employment loss in the period.

Total One-Year Employment Decline in Bedford County

Given the industries in the area, the Computer systems design and related services industry faced the greatest employment loss with a total loss of 33 jobs during the period. The employment lost in the Computer systems design and related services industry make up 23.6 percent of the jobs lost during the period in Bedford County, Virginia.

Top 5 Industries
1. Computer systems design and related services (33 jobs lost)
2. Automotive repair and maintenance (19 jobs lost)
3. Full-service restaurants (18 jobs lost)
4. Sawmills and wood preservation (9 jobs lost)
5. Other motor vehicle dealers (8 jobs lost)

In Bedford County, Virginia, the total number of workers for all sectors has increased by 1,094 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.

Income and Poverty in Bedford County, Virginia

The poverty rate in Bedford County, Virginia has declined by 0.2 percent since the 2000 rates, moving from 7.1 percent to 6.9 percent.

As the median income level saw a growth since 2000 in Bedford County, Virginia, the Race/Ethnicity group that experienced the largest growth in median household income was the Hispanic category. This group felt an increase of 184.7 percent since the year 2000. The American Indian and Alaska Native population category was least influenced by the median household income growth in Bedford County, experiencing a 46.1 percent decline in household income, since the reported levels in 2000.

The median household income has increased from the values (adjusted for inflation) in 2000. The median has increased to $51,569, posting a 2.2 percent growth. Bedford County, Virginia, in terms of percentage of growth, ranks 11 of 16 counties in percent of growth for household income in Virginia. Bedford County ranks 68 of 119 counties (or parishes) in terms of the growth in household income across the nation.

Black or African American householders reported household income levels that were 18 percent less than the all population median published in the 2000 Census, with a median of $41,385. In Bedford County, Virginia White headed households reported a median household income (2005 Dollars) of $51,265 as reported by the Decennial Census of 2000, which was 1.6 percent greater than the median household income in 2000. Hispanic households in Bedford County, Virginia , as reported in 2000, had a median household income of $20,768, which is 58.8 percent less than reported value of the areas total household median income for all households. It was reported in 2000 that the Asian headed households had median household incomes of $80,504. This median is 59.5 percent greater than the reported median household income, in the area, for all households. The American Indian and Alaska Native householders in Bedford County had a median income of $53,381, which was 5.8 percent greater than the median for all households.

Compared to counties across the United States, Bedford County had a relatively high household income of $50,469 (2005 Dollars). This median is 8.2 percent lower than the median income in State of Virginia of $54,612 and this is 2.6 percent higher than the median in the US, which is $49,133.

When compared to other counties (or parishes) across the United States, Bedford County, Virginia can be considered to have a rate of poverty among the people, accounting a rate of 7.1 percent of the population with family incomes below the 1999 poverty level. The Hispanic race/ethnicity population category, holds the highest rate of poverty with 36.3 percent of the people in 2000 living in poverty. The population that is aged 75 years and over are experiencing most percent people in poverty in Bedford County, accounting 13.6 percent of this age cohort living in poverty.

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

Higher Education in Bedford County, Virginia

From 2000 to 2005, the percent of male population that is highly educated has decreased by 2.0 percent. In the year 2005, 21 percent of area's male population, over the age 25, achieved a Bachelors Degree or Higher. At the same time, the percent of women, over the age 25, holding at least a Bachelors Degree has decreased by a total of 0.4 percent. By 2005, a total of 19 percent of the female population had achieved this level of education.

In 2000, the Census reported that in Bedford County, Virginia, a high proportion of the male population in the area have reached the High School Diploma category, with 31 percent achieving this level. The female population in Bedford have achieved a lower level of higher education (Bachelors or Higher) than men -- 22.6 percent (Men) versus 19.4 percent (Women). The largest educational attainment category for women in this areas is High School Diploma category, with 34.6 percent of women in the area reaching this education level.

In Bedford County, Virginia as reported in the Census of the year 2000, 21.8 percent of the White Alone, 3.6 percent of Black or African American, 43.8 percent of the Asian alone and 17.8 percent of the Hispanic or Latino population, over the age 25, has achieved a Bachelors Degree or Higher.

From 2000, Bedford has decreased in the total percent of the over 25 population having a Bachelors Degree or Higher. This population group has declined by 1.0 percent to a total of 20 percent in 2005, as reported by the American Community Survey. The proportion of the 2005 population having received at least a BA is less than the State of Virginia percent of 33.2 and less than the average US percent of 27.2.

Bedford County, Virginia may to understood as having a highly-educated population of the working age, with 21 percent of the over 25 years old population having a Bachelors Degree or Higher, according to the 2000 Decennial Census. Bedford is reported having a lower percent of population with this high education level than the State of Virginia's proportion of 29.4 percent and a lower percent than the national average of 24.4 percent.

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

Demographic Profile for Bedford County, Virginia

Since the year 2000, a low number of individuals have migrated to Bedford from another country. The international migration into Bedford makes up 0.1 percent of all immigration into Virginia. This level of international migration can be considered low when analyzed against immigration per population in 2005.

The population division of the Census Bureau estimates in 2005 a median age in Bedford County, Virginia to be 40.8 years old. The median in Bedford is greater than the median in Virginia of 37.2. Since the year 2000, the area has seen an increase in the median, when the median age was 39.8 years old. With 22 percent of the population in the year 2005 being made up of individuals less than 18 years old, Bedford can be described as having a medium-low proportion of youths. The 18 to 64 years old population group has a relatively high representation within the estimated 2005 area population, making up 65.2 percent of the population within the age group. People 65 and older make up 12.8 percent of the total population base. Compared to other counties throughout the nation, this represents a medium-low proportion of the population.

Bedford County, Virginia has a population that is made up of 91.4 percent White, 6.3 percent African American, 0.6 percent Asian, and 0.8 percent Hispanic. The population mix can be considered to have a modest level of racial and ethnic diversity, with 7.7 percent of the population made up of minorities. This is less than the State of Virginia percent of 30. Since 2000, Bedford has increased the level of diversity when 7.4 percent of the population was made up of minorities.

Bedford County, Virginia had a population of 65,286 in 2005. The total population has increased sharply, since its 2000 population of 60,656. This growth represents an increase of 7.6 percent. Bedford ranks 20 of 134 counties by growth in total population in Virginia and the county ranks 526 of 3,141 counties in terms of population growth in the United States.

When measuring the total land area, Bedford extends a total area of 755 square miles. The county has a medium-low density of 87 persons per square mile, in 2005. Similar counties, in terms of density, in the US include: -- more densely populated -- San Juan, WA (87 per sq. mile ), Lee, GA (87 per sq. mile ), Whiteside, IL (87 per sq. mile ), -- less densely populated -- Dale, AL (87 per sq. mile ), Muskogee, OK (87 per sq. mile ), Pottawatomie, OK (87 per sq. mile ).

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

Housing Report for Bedford County, Virginia

Bedford County recorded median owner-occupied home value in the year 2005 of $151,900, published by the American Community Survey. This value is less than the overall State of Virginia 2005 median owner-occupied dwelling value of $212,300 and less than home value of $167,500 for the rest of the nation in that year.

Throughout the State of Virginia, Bedford County places 32 of 134 by percent in growth of new residential structures. The county places 450 of 3,141, compared to change in residential structure growth in counties throughout the Unities States.

In Bedford County, the census reported 29,683 homes in 2005. The county has experienced a growth in housing units, adding in all 2,184 residential units since 2001, or 7.9 percent.

According to the data, there is a fair amount of real estate that is affordable in Bedford County, Virginia. In 2005, 36.6 percent of housing was valued under $125k.

Bedford County is made up of a relatively high percentage of high-priced residential real estate. In 2005, the American Community Survey accounted that 6.8 percent of the houses are valued over a half a million dollars.

The residential home values in Bedford County, Virginia have moderate increases from the housing values in 2000. The residential values have increased by $24,900, or 19.6 percent, since their values in that year of $127,000.

Data Source: U.S. Census Bureau

Employment Report for Bedford County, Virginia -- Annual 2005 Industry Summary

In Bedford County, Construction, Manufacturing, and the Retail Trade sectors are the largest industries, in terms of total number of jobs in 2005. The Construction produces the largest number of jobs in the area accounting for 16.7 percent of all jobs throughout the county, totaling 1,912 individuals. The Manufacturing and Retail Trade sectors provide 14.6 and 11.1 percent of total employment, respectively.

Real estate and rental and leasing is the industry with the largest change in employment since the year 2001 in Bedford County, rising by 83.6 percent. This is greater than the change in industry employment in the United States of 4.3 percent. The State of Virginia went through a industry job change of 8.3 percent, in the last 5 years.

Manufacturing has a largest number of employee per establishment in Bedford County, with the industry averaging 22 workers per each place of employment, being less than the industry's average at the national level of 39 and less than the Virginia average of 48 for the Manufacturing industry.

In Bedford County, Construction, Arts, entertainment, and recreation and Wholesale trade industries, in terms of United States location quotient, are the most dominant in the region. The Construction sector in the county has a location quotient of 2.55. The level of employment in the Construction industry is 2.55 times greater than the national average, signifying that Bedford County produces more than its local requirement of products and/or services of Construction.









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