In Hanover County, jobs in the machinery and equipment rental and leasing pay the highest wages

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Individuals that are employed in the machinery and equipment rental and leasing industry had the highest average wages in Hanover County for 2006. The average industry job in Hanover County earned an annual wage of $79,861 in 2nd quarter of 2006. The pay is greater than the industry wage rate in Virginia of $65,509 and greater than then the wage for jobs in this industry at the United States Level of $53,259.

Other top-pay jobs in Hanover County, Virginia are present in management of companies and enterprises ($66,225), computer systems design and related services ($64,896), offices of physicians ($64,314) and securities and commodity contracts brokerage ($63,683) industries. Note: Click Graph Above 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.

Hanover County Wages have increased by 16.2% Since 2001

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Industry wages, from 2001 to 2006, have increased in Hanover County, Virginia by a total of 16.2%. This is less than the growth in average industry wages for Virginia and greater than the growth in average industry wages for the United States.

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.

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

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The overall industry wages in Hanover County, Virginia can be understood as being medium-high when compared to other 2nd quarter of 2006 County wages throughout the state. The average pay is 21.6 percent lower than the state, which accounted an average of $42,126. The average pay was less than the national industry average 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.

Hanover County Five-Year Industry Employment Change

Of the 93 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 34 showed an escalation in the number employed, while 59 industry sectors accounting for employment declines during that time period.

Total Five-Year Employment Decline in Hanover County

The Accounting and bookkeeping services industry faced the greatest employment loss with a total loss of 152 jobs in that time period. The declines in the Accounting and bookkeeping services industry make up 12.1 percent of the total job loss in Hanover County, Virginia.

Top 5 Industries
1. Accounting and bookkeeping services (152 jobs lost)
2. Health and personal care stores (87 jobs lost)
3. Management of companies and enterprises (86 jobs lost)
4. Utility system construction (79 jobs lost)
5. Misc. nondurable goods merchant wholesalers (77 jobs lost)

In Hanover County, Virginia, the total number of workers for all sectors has increased by 3,492 total jobs between the 2nd Quarter of 2001 and 2nd Quarter of 2006.

Total Five-Year Employment Growth in Hanover County

Out of the 4-digit NAICS industries, the Services to buildings and dwellings industry has accounted the most employment growth with a total of 499 jobs added during the time period. These new jobs in the Services to buildings and dwellings industry makes up 11.8 percent of the total employment growth in Hanover County.

Top 5 Industries
1. Services to buildings and dwellings (499 new jobs)
2. Building equipment contractors (291 new jobs)
3. Other specialty trade contractors (279 new jobs)
4. Residential building construction (255 new jobs)
5. Automotive repair and maintenance (181 new jobs)

Hanover County Five-Year Percentage Decline in Employment

The Advertising and related services industry has seen the largest percentage drop in employment, losing 69.8 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 loss of 1.1 percent. The losses in the Advertising and related services industry in Hanover County outpaced the losses of nation as a whole in the industry. In this time period, the nation lost 6.4 in percent of workers in the Advertising and related services industry.

Top 5 Industries
1. Advertising and related services (69.8 percent decline)
2. Petroleum merchant wholesalers (65.1 percent decline)
3. Electronic equipment repair and maintenance (64.1 percent decline)
4. Misc. durable goods merchant wholesalers (58.3 percent decline)
5. Accounting and bookkeeping services (57.1 percent decline)

Hanover County Five-Year Percentage Growth in Employment

The Other motor vehicle dealers industry has seen the largest percentage job growth, expanding by 287.2 percent from 2001 (2nd quarter) to 2006 (2nd quarter). This industry sector in Hanover County has added employment faster than the overall industry growth seen in the State of Virginia, where it saw a gain of 10.8 percent. The Other motor vehicle dealers industry in Hanover County outpaced the United States, which experienced a gained 25.2 percent.

Top 5 Industries
1. Other motor vehicle dealers (287.2 percent gain)
2. Scientific research and development services (185.2 percent gain)
3. Other miscellaneous store retailers (159.9 percent gain)
4. Support activities for road transportation (157.1 percent gain)
5. Other schools and instruction (108.3 percent gain)

Employment for all industries has increased by 9.8 percent since the 2nd Quarter of 2001. This is greater than growth in the State of Virginia, which went through a gain of 5.2 percent since the 2nd Quarter of 2001. The gains in the area were greater than than the gain reported at the US level of 2.6 percent.





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.

Hanover County One-Year Industry Employment Change

Total One-Year Employment Decline in Hanover County

The Business support services industry faced the greatest employment loss with a total loss of 167 jobs during the time period. The jobs lost in the Business support services industry make up 17.4 percent of the total job loss in Hanover County, Virginia.

Top 5 Industries
1. Business support services (167 jobs lost)
2. Full-service restaurants (132 jobs lost)
3. Electronic markets and agents and brokers (130 jobs lost)
4. Automobile dealers (52 jobs lost)
5. Utility system construction (49 jobs lost)

Total One-Year Employment Growth in Hanover County

From the industries (4-digit NAICS) in the area, the Other specialty trade contractors industry has grown the most with 175 total jobs brought in during the period. The growth in the Other specialty trade contractors industry makes up 10.3 percent of the total employment growth in Hanover County.

Top 5 Industries
1. Other specialty trade contractors (175 new jobs)
2. Commercial equip. merchant wholesalers (160 new jobs)
3. Building material and supplies dealers (131 new jobs)
4. Computer systems design and related services (102 new jobs)
5. Building finishing contractors (90 new jobs)

Out of the 104 industries with industry data reported by the BLS in each quarter, 40 reported job growth in the duration of the year and 63 industry sectors reported declines during the time period.

In Hanover County, Virginia, the total number of jobs throughout all industries has increased by 495 total jobs between the 2nd Quarter of 2005 and 2nd Quarter of 2006.

Hanover County One-Year Percentage Growth in Employment

The Computer systems design and related services industry has experienced the largest percentage growth, expanding by 172.3 percent from the 2nd quarter of 2005 to the 2nd quarter of 2006. This industry sector in Hanover County has increased employment faster than the industry has grown in the State of Virginia, where this industry saw a gain of 9.6 percent. The Computer systems design and related services industry in Hanover County outpaced the US in terms of percent growth of industry employment. During this period, the US gained 6.8 percent.

Top 5 Industries
1. Computer systems design and related services (172.3 percent gain)
2. Land subdivision (96.2 percent gain)
3. Commercial equip. merchant wholesalers (71.8 percent gain)
4. Support activities for animal production (66.7 percent gain)
5. Support activities for road transportation (54.3 percent gain)

Hanover County One-Year Percentage Decline in Employment

The Business support services industry has seen the largest percentage drop in employment, losing 48.4 percent from 2005 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry sector has gone through in the Virginia, where the industry reported a gain of 15.1 percent. The losses in the Business support services industry in Hanover County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States gained 2 percent in terms of employees in the Business support services industry.

Top 5 Industries
1. Business support services (48.4 percent decline)
2. Activities related to credit intermediation (39.1 percent decline)
3. Other support services (28.7 percent decline)
4. Electronic markets and agents and brokers (28.2 percent decline)
5. Employment services (20.9 percent decline)

Employment for all industries has increased by 1.3 percent from the reported values in 2005. These values are less than percent in the State of Virginia, which experienced a gain of 1.9 percent from 2005 (2nd Quarter). The gains the area experienced were less than than the gain reported at the US level of 2.0 percent.





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 Hanover County, Virginia

When compared to other counties (and parishes) throughout the United States, Hanover County was reported to have a very high median income for all households of $69,291 (Adjusted to 2005 Dollars). This figure is 21.2 percent higher than the median in State of Virginia of $54,612 and the income level is 29.1 percent higher than the median in the US, which is $49,133.

Hispanic in Hanover County, Virginia , according to the 2000 census, had a median household income of $67,518, which is 2.6 percent less than the median reported for all households in the area. The American Indian and Alaska Native households in Hanover County reported an income level of $44,673, this level was 35.5 percent less than the areas median level for all households. The Asian householders in the area have reported their median household incomes at $60,548. This income level is 12.6 percent less than the reported median household income for all households in the area. In Hanover County, Virginia White headed households reported household income (in 2005 Dollars) of $70,996 as reported by the Decennial Census of 2000, which was 2.5 percent greater than the median income in 2000. Black or African American headed households had a median household income that was 31.8 percent less than the all population median published in the 2000 Census, with a median of $47,288.

When put side-by-side with other counties (or parishes) throughout the United States, Hanover County, Virginia can be considered to have a very low rate of poverty among the people, accounting a rate of 3.6 percent of people living in a family with an income below the poverty level in 1999. The Black or African American race/ethnicity demographic category, owns the foremost rate of poverty with 12.3 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 Hanover County, with 6.3 percent of this age group in the area living in poverty.

The poverty rate in Hanover County, Virginia has increased by 1.8 percent from the rates reported in the Decennial Census, moving from 3.6 percent to 5.4 percent.

As the median household income witnessed a growth during the period of 2000 to 2005 in Hanover County, Virginia, the Race/Ethnicity category that felt the biggest growth in median household income was the Asian Race/Ethnicity category. This category went through an increase of 72 percent from 2000 to 2005. The Hispanic Race/Ethnicity category has been least effected by the income level growth in Hanover County, encountering a 37.6 percent decline in median household income from 2000 to 2005.

The household income has increased from the inflation-adjusted values in 2000. The income level has increased to $73,072, which represents a 5.5 percent growth. Hanover County, Virginia, in terms of percentage of growth, ranks 6 of 16 counties in percent of growth for median household income in the State of Virginia. Hanover County ranks 27 of 119 counties (or parishes) when comparing total percent of growth in median household income in the United States.

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

Higher Education in Hanover County, Virginia

In 2000, the Census reported that in Hanover County, Virginia, the largest educational attainment category for men is the Bachelors Degree or Higher category, with 29.8 percent reaching this education level. The female population in Hanover have achieved a lower level of higher education (Bachelors or Higher) than men; 29.8 percent (Men) versus 27.8 percent (Women). A high proportion of the female population in the area has reached the Some College or Associates Degree category, with 30 percent of the female population achieving this education level.

From 2000 to 2005, the percent of the male population that can be considered highly educated has increased by 9.6 percent. In the year 2005, 39.6 percent of total male population (over 25), in this area, held at least a Bachelors Degree. At the same time, the percent of women (over 25) holding a BA or higher has increased by a total of 3.6 percent. By 2005, a total of 31.4 percent of the women in the population had received a Bachelors Degree or Higher.

Hanover County, Virginia can be considered to have a highly-educated population, with 28.6 percent of the population (+25) having received at least a Bachelors Degree, as reported in the Decennial Census of 2000. Hanover has a lower percent of individuals with higher educations than the State of Virginia's proportion of 29.4 percent and a higher percent than the US proportion of 24.4 percent.

From the year 2000, Hanover has increased in the percent of the population that is over the age of 25 with a BA or Higher. This population cohort has grown by 6.6 percent to a total of 35.2 percent in 2005. According to the American Community Survey, the proportion of the population in 2005 with a BA or Higher is greater than the 2005 State of Virginia percent of 33.2 and greater than the national percent of 27.2.

In Hanover County, Virginia according the 2000 Decennial Census, 29.8 percent of the White Alone, 17.4 percent of Black or African American, 41.2 percent of the Asian alone and 26.4 percent of the Hispanic or Latino population, over the age 25, has achieved a Bachelors Degree or Higher.

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

Housing Report for Hanover County, Virginia

The residential real estate values in Hanover County, Virginia have seen large increases since their reported values in 2000. The values have increased by $78,400, or 54.7 percent, since their values in that year of $143,300.

Hanover County recorded a median home value in 2005 of $221,700, accounted by the American Community Survey. This median is greater than the State of Virginia 2005 home median value of $212,300 and greater than median home value of $167,500 for the rest of the nation in that year.

In the State of Virginia, Hanover County places 26 of 134 in terms of percentage growth in new housing structures. The county ranks 341 of 3,141, in terms of residential real estate percentage change change in the United States.

Hanover County can be understood as having a relatively high proportion of high-valued homes. In 2005, the American Community Survey reported that 5.1 percent of the houses are valued over a half a million dollars.

In Hanover County, the real estate market was made up of 36,459 housing structures in 2005. The area has seen growth in housing units, adding a total of 3,106 residential units since 2001, or 9.3 percent.

It can be understood that there is a limited amount of affordable housing in Hanover County, Virginia. In 2005, 8.9 percent of residential real estate was valued under $125,000.

Data Source: U.S. Census Bureau

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

Administrative and waste services has had the highest level of job growth from 2001-2005 in Hanover County, with an industry growth of 48 percent. This is greater than the industry job change at the national level of 4.5 percent. The State of Virginia went through a industry job change of 1.7 percent, during the time since 2001.

In Hanover County, Arts, entertainment, and recreation, Construction and Wholesale trade industries, in terms of United States location quotient, are the most dominant in the region. The Arts, entertainment, and recreation sector in the county has a location quotient of 3.17. This means the percent of total employment in the Arts, entertainment, and recreation industry is 3.17 times greater than the national average, signifying that Hanover County produces more than its local requirement of products and/or services of Arts, entertainment, and recreation.

Arts, entertainment, and recreation is the industry with the largest establishments in Hanover County. In the County, the industry averages 65 jobs per place of business. This is greater than the industry's average at the national level of 16 and greater than the State of Virginia typical size of 18 for the Arts, entertainment, and recreation industry.

Manufacturing saw the largest loss of employment between the years 2001-2005 in Hanover County. The sector faced a loss of 290 jobs, or 7.2 percent of jobs in the industry. The losses in this industry made up 48.9 percent of the total jobs loss in the County.

In Hanover County, Construction, Retail Trade, and the Health care and social assistance sectors are the largest industries, in terms of total number of jobs in 2005. The Construction is the major employer in the county making up 17.2 percent of all jobs throughout the county, totaling 6,492 people employed. The Retail Trade and Health care and social assistance sectors provide 14 and 10 percent of total employment, respectively.







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