In Floyd County, jobs in the offices of physicians pay the highest wages

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Employment in the offices of physicians industry reported the top wages in Floyd County for 2006. The average industry job in Floyd County received a wage of $37,768 in 2006. The average wage is less than the industry pay the State of Virginia of $66,516 and less than then the pay for jobs in this industry across the nation of $64,740.

High-wage employment in Floyd County, Virginia are present in greenhouse and nursery production ($27,191), computer systems design and related services ($27,079), architectural and engineering services ($25,972) and legal services ($24,327) 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.

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

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Wages in all industries in Floyd County, Virginia can be described as relatively low when analyzed with other 2nd quarter of 2006 County wages throughout the state. The average pay is 43.5 percent lower than the with an state average of $42,126. The average pay was less than the US average pay 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.

Floyd County Five-Year Industry Employment Change

Total Five-Year Employment Growth in Floyd County

The Greenhouse and nursery production industry has brought the most jobs with a total of 54 jobs added during the time period. These new jobs in the Greenhouse and nursery production industry makes up 30.7 percent of the total growth in Floyd County.

Top 4 Industries
1. Greenhouse and nursery production (54 new jobs)
2. Building foundation and exterior contractors (34 new jobs)
3. Other specialty trade contractors (29 new jobs)
4. Offices of physicians (19 new jobs)

Total Five-Year Employment Decline in Floyd County

Given the industries in the area, the General freight trucking industry experienced most substantial job loss, losing 23 jobs in that time period. The declines in the General freight trucking industry make up 46.3 percent of the total employment decline in Floyd County, Virginia.

Top 5 Industries
1. General freight trucking (23 jobs lost)
2. Household and institutional furniture mfg. (16 jobs lost)
3. Gasoline stations (10 jobs lost)
4. Social advocacy organizations (43 jobs lost)
5. Grocery stores (39 jobs lost)

Out of the 13 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 4 reported job growth in the duration of the last five years and 9 industries reported a drop in employment.

In Floyd County, Virginia, the total number of workers for all sectors has increased by 328 total jobs between the 2nd Quarter of 2001 and 2nd Quarter of 2006.

The total number of jobs has increased by 17.6 percent since the 2nd Quarter of 2001. This is greater than growth in the State of Virginia, which experienced a gain of 5.2 percent from 2001 (2nd Quarter). The gains were greater than than the gain seen for the United States of 2.6 percent.

Floyd County Five-Year Percentage Decline in Employment

The General freight trucking industry has seen the largest percentage drop in employment, losing 76.4 percent of the jobs from 2001 to 2006. These have declined faster than the industry has seen in the Virginia, where the industry reported a loss of 3.2 percent. The losses in the General freight trucking industry in Floyd County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States gained 0.2 in percent of workers in the General freight trucking industry.

Top 4 Industries
1. General freight trucking (76.4 percent decline)
2. Household and institutional furniture mfg. (49.5 percent decline)
3. Gasoline stations (14.1 percent decline)
4. Computer systems design and related services (6.3 percent decline)

Floyd County Five-Year Percentage Growth in Employment

The Offices of physicians industry has gone through the largest job growth by percent, increasing by 109.4 percent from the 2nd quarter of 2001 to the 2nd quarter of 2006. This industry sector in Floyd County has grow faster than the industry has grown in the State of Virginia, where the industry felt a gain of 17.7 percent. The Offices of physicians industry in Floyd County outpaced the US in terms of percent growth of industry employment. During this period, the US gained 12.4 percent of the industry employment.

Top 5 Industries
1. Offices of physicians (109.4 percent gain)
2. Building foundation and exterior contractors (83.1 percent gain)
3. Other specialty trade contractors (82.9 percent gain)
4. Services to buildings and dwellings (66.1 percent gain)
5. Other general merchandise stores (64.3 percent gain)





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.

Floyd County One-Year Industry Employment Change

Floyd County One-Year Percentage Decline in Employment

The General freight trucking industry has lost the largest amount of employment in terms of percentage, losing 43.2 percent of the jobs from 2005 to 2006. These have declined faster than the industry has seen in the Virginia, where the industry felt a gain of 0.5 percent. The losses in the General freight trucking industry in Floyd County outpaced the losses of nation as a whole in the industry. In this time period, the nation gained 2.3 in percent of jobs in the General freight trucking industry.

Top 5 Industries
1. General freight trucking (43.2 percent decline)
2. Household and institutional furniture mfg. (39.5 percent decline)
3. Traveler accommodation (37.7 percent decline)
4. Legal services (16.1 percent decline)
5. Full-service restaurants (14.5 percent decline)

Floyd County One-Year Percentage Growth in Employment

The Offices of real estate agents and brokers industry has gone through the largest job growth by percent, increasing by 63.2 percent from the 2005 (Q2) to the 2006 (Q2). This industry in Floyd County has grow faster than the overall industry growth seen in the State of Virginia, where it saw a gain of 2 percent. The Offices of real estate agents and brokers industry in Floyd County outpaced the national average, which felt a gained 5.9 percent in this industry.

Top 5 Industries
1. Offices of real estate agents and brokers (63.2 percent gain)
2. Other general merchandise stores (35.3 percent gain)
3. Building equipment contractors (30.9 percent gain)
4. Other specialty trade contractors (26.3 percent gain)
5. Computer systems design and related services (25.0 percent gain)

Total industry employment has decreased by 4.1 percent since the 2nd Quarter of 2005. This is greater than percent in Virginia, which saw a gain of 1.9 percent from the 2nd Quarter of 2005. The losses felt were greater than than the gain experienced overall in the US of 2.0 percent.

Total One-Year Employment Growth in Floyd County

The Other specialty trade contractors industry has accounted the most employment growth with a total of 13 employees finding new jobs in the industry. The employment growth in the Other specialty trade contractors industry makes up 29.6 percent of the total number of new jobs in Floyd County.

Top 5 Industries
1. Other specialty trade contractors (13 new jobs)
2. Greenhouse and nursery production (8 new jobs)
3. Building equipment contractors (7 new jobs)
4. Other general merchandise stores (6 new jobs)
5. Offices of real estate agents and brokers (4 new jobs)

Out of the 17 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 7 showed an escalation in the number employed, while 10 industries reported a drop in employment.

Total One-Year Employment Decline in Floyd County

From of the area's 4-digit NAICS industries, the Full-service restaurants industry has lost the most employment with a total loss of 16 jobs in that time period. The declines in the Full-service restaurants industry make up 32.0 percent of the jobs lost during the period in Floyd County, Virginia.

Top 5 Industries
1. Full-service restaurants (16 jobs lost)
2. Household and institutional furniture mfg. (11 jobs lost)
3. Traveler accommodation (9 jobs lost)
4. General freight trucking (5 jobs lost)
5. Offices of physicians (5 jobs lost)

In Floyd County, Virginia, the aggregate employment for all industry sectors has decreased by 93 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 Floyd County, Virginia

It was reported in 2000 that the Asian headed households had median household incomes of $16,505. This median income level is 55.3 percent less than the all households reported median in the area. Hispanic headed households in Floyd County, Virginia , according to the 2000 census, had a median household income of $48,263, this income level is 30.6 percent greater than reported value of the areas total household median income for all households. Black or African American headed households had a median household income that was 20.8 percent less than the overall reported level in 2000, with a reported median of $29,250. In Floyd County, Virginia White headed households reported household income (in 2005 Dollars) of $37,323 as reported by the Decennial Census of 2000, which was 1 percent greater than the median household income in 2000.

Compared to other counties (and parishes) throughout the nation, Floyd County was reported to have a medium-low median income for all households of $36,954 (Adjusted to 2005 Dollars). This is 47.8 percent lower than the median in Virginia of $54,612 and the median household income is 33 percent lower than the median household income in the United States of $49,133.

When compared to other counties (or parishes) across the United States, Floyd County, Virginia can be recognized as having a medium-low rate of poverty among the people, accounting a rate of 11.7 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 22.3 percent of the 2000 residents living in poverty. People aged 75 years and over are witness to the most percent living in poverty in Floyd County, with 20.6 percent of this age group in the area living in poverty.







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

Higher Education in Floyd County, Virginia

Reported by the 2000 Census in Floyd County, Virginia, the most common level of education achieved in the area for the male population is the High School Diploma category, with 38 percent receiving this level of education. The women in Floyd on average have achieved a lower level of higher education (Bachelors or Higher) than the men in the area: 12.8 percent (Men) versus 12.4 percent (Women). A high proportion of the female population in the area has reached the High School Diploma category, with 38.4 percent of the women population in the area achieving this level of education.

In Floyd County, Virginia as reported in the 2000 Census, 12.6 percent of the White Alone, 9 percent of Black or African American, 52.4 percent of the Asian alone and 0 percent of the Hispanic or Latino population, over the age 25, has achieved at least a Bachelors Degree.

Floyd County, Virginia is made up of a moderately-educated 2000 population, with 12.6 percent of the population (+25) having received a BA or higher, as reported the 2000 Decennial Census. Floyd 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 US proportion of 24.4 percent.





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

Demographic Profile for Floyd County, Virginia

By measuring total land area, Floyd encompasses a total area of 381 square miles. The land areas has a low population density of 38 persons per square mile, in 2005. Other US counties with similar densities include: -- more densely populated -- Summers, WV (38 per sq. mile ), Hampton, SC (38 per sq. mile ), Washington, NC (38 per sq. mile ), -- less densely populated -- Pike, IN (38 per sq. mile ), Jasper, TX (38 per sq. mile ), Washington, KY (38 per sq. mile ).

The population division of the Census Bureau estimates in 2005 a median age in Floyd County, Virginia to be 41.5 years old. The median in Floyd is greater than the median age in Virginia of 37.2. Since the year 2000, the area has seen an increase in the median, when the median age was 40.7 years old. With 21.3 percent of the 2005 population being made up of children and youth younger than 18, Floyd can be understood as being made up of a medium-low percent of individuals under 18. The working age population group (18-64) has a medium-high presence of the population, with 62.9 percent of the population falling in this age category. The retirement (65 and over) group makes up 15.8 percent of the population in the area. When compared to other counties throughout the United States, this represents a medium-high proportion of the area population base.

Since the year 2000, a medium-high amount of people have migrated to Floyd internationally. The migration from outside the US into Floyd totals 0.1 percent of the total migration into the State of Virginia. This percent of international migration is medium-high when comparing levels of immigration per population in 2005.

Floyd County, Virginia had a total estimated population of 14,649 in 2005. The total population has increased, from the population in the year 2000 of 13,952. This growth signifies an increase of 5 percent. Floyd ranks 56 of 134 counties when calculating total change in population for Virginia and the county ranks 1,264 of 3,141 counties when analyzing total county population change across the nation.

Floyd County, Virginia has a population that is made of 95.6 percent White, 1.9 percent African American, 0.3 percent Asian, and 2.1 percent Hispanic. The area can be described as having a very modest level of diversity, with 4.3 percent of minorities in the 2005 population base. This is less than the State of Virginia percent of 30. Since 2000, Floyd has increased the level of diversity when 3.6 percent of the population were minorities.

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

Housing Report for Floyd County, Virginia

In the State of Virginia, Floyd County ranks 61 of 134 in terms of growth of new housing structures between 2001 and 2005. The county stands 795 of 3,141, comparing the percentage change in residential in other US counties.

In Floyd County, there were a total of 7,260 housing structures in 2005. The area has seen growth in housing units, adding in all 361 residential units since 2001, or 5.2 percent.

It can be understood that there is a large amount of real estate that is affordable in Floyd County, Virginia. In 2000, 82.1 percent of residential real estate was valued under $125,000.

Floyd County recorded median owner-occupied home value in the year 2000 of $79,700, reported by the Decennial Census. This value is less than the overall Virginia 2000 home median value of $125,400 and less than median home value of $119,600 across the United States during the same year.





Data Source: U.S. Census Bureau

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

In Floyd County, Construction, Manufacturing and Finance and insurance have the highest US LQ in 2005. The Construction sector has a United State LQ of 1.79. The percent of employment in the Construction industry is 1.79 times greater than the US average, showing signs that Floyd County produces more than its local requirement of products and/or services of Construction.

In Floyd County, Manufacturing, Construction, and the Retail Trade sectors are the largest industries, in terms of total number of jobs in 2005. The Manufacturing produces the largest number of jobs in the area accounting for 15.4 percent of the total county employment. This totals 343 jobs. The Construction and Retail Trade sectors provide 11.7 and 11.7 percent of all employment.

Administrative and waste services in the period of 2001 to 2005 had the largest increase in employment in Floyd County, increasing by 377.8 percent. This is greater than the rate of employment change across the nation of 4.5 percent. The State of Virginia went through a industry job change of 1.7 percent, in the course of time since 2001.

Manufacturing has the largest employers in Floyd County, with the industry averaging 15 jobs per place of business. This is less than the industry's national average of 39 and less than the State of Virginia average establishment size of 48 for the Manufacturing industry.

The Agriculture, forestry, fishing and hunting industry has decreased the most in industries presence in Floyd County since 2001, going from making up 8.8 percent of total jobs in the year 2001 to 0 percent in the year 2005.







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