In Henrico County, jobs in the electronic shopping and mail-order houses pay the highest wages

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Individuals that are employed in the electronic shopping and mail-order houses industry reported the top wages in Henrico County for the 2nd quarter of 2006. The average worker in the industry in Henrico County received an annual wage of $115,605 in 2006. The average wage is greater than the industry wage rate in Virginia of $26,328 and greater than then the pay for jobs in this industry across the nation of $41,871.

High-wage employment in Henrico County, Virginia can be found in software publishers ($97,697), residential building construction ($95,231), management of companies and enterprises ($94,248) and other financial investment activities ($90,517) industries. Note: For Detail Comparison, Click the Above Graph

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.

Henrico County Wages have increased by 15.5% Since 2001

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From the second quarter of 2001 to the second quarter of 2006, industry wages have increased in Henrico County, Virginia by a total of 15.5%. This is less than the growth in average industry wages for Virginia and less than the growth in average wages for 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.

Henrico County Industry Wages Exceed Virginia, and Wages Exceed the United States

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The average total wages in all industries in Henrico County, Virginia can be understood as being relatively high when compared to other Counties throughout the state in the 2nd quarter of 2006. The industry wages are 3.9 percent higher than the state, which accounted an average of $42,126. The average pay was greater 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.

Henrico County Five-Year Industry Employment Change

Out of the 147 4-digit NAICS industries, 59 reported job growth in the duration of the last five years and 86 industries reported a drop in employment.

Total Five-Year Employment Growth in Henrico County

The Full-service restaurants industry has grown the most with 1,339 total jobs brought in during the period. The growth in the Full-service restaurants industry makes up 7.6 percent of the total growth in Henrico County.

Top 5 Industries
1. Full-service restaurants (1,339 new jobs)
2. Investigation and security services (990 new jobs)
3. Limited-service eating places (951 new jobs)
4. Offices of physicians (776 new jobs)
5. Depository credit intermediation (705 new jobs)

Total Five-Year Employment Decline in Henrico County

Given the industries in the area, the Nondepository credit intermediation industry experienced most substantial job loss, losing 5,495 jobs during the time period. The jobs lost in the Nondepository credit intermediation industry make up 36.3 percent of the total employment decline in Henrico County, Virginia.

Top 5 Industries
1. Nondepository credit intermediation (5,495 jobs lost)
2. Management of companies and enterprises (1,076 jobs lost)
3. Printing and related support activities (969 jobs lost)
4. Automobile dealers (672 jobs lost)
5. Scheduled air transportation (664 jobs lost)

In Henrico County, Virginia, the total number of workers for all sectors has increased by 1,664 jobs from mid-2001 to mid-2006.

Total employment has increased by 1.1 percent since the 2nd Quarter figures of 2001. This change is less than percent in Virginia, which experienced a gain of 5.2 percent from the 2nd Quarter of 2001. The gains the area experienced were less than than the gain seen for the United States of 2.6 percent.

Henrico County Five-Year Percentage Decline in Employment

The Office administrative services industry has seen the largest percentage drop in employment, losing 77.4 percent of the jobs from 2001 to 2006. These have declined faster than the industry sector has gone through in the Virginia, where the industry reported a gain of 9.7 percent. The losses in the Office administrative services industry in Henrico County outpaced the losses of nation as a whole in the industry. In this time period, the nation gained 37.6 percent in terms of employment in the Office administrative services industry.

Top 5 Industries
1. Office administrative services (77.4 percent decline)
2. Electronic shopping and mail-order houses (69.6 percent decline)
3. Highway, street, and bridge construction (62.3 percent decline)
4. Educational support services (56.9 percent decline)
5. Scheduled air transportation (54.9 percent decline)

Henrico County Five-Year Percentage Growth in Employment

The Wireless telecommunications carriers industry has gone through the largest job growth by percent, increasing by 293.8 percent from 2001 to 2006. This industry in Henrico County has added employment faster than the growth seen in the industry for Virginia, where this industry saw a loss of 11 percent. The Wireless telecommunications carriers industry in Henrico County outpaced the nation in terms of industry employment growth . During this period, the nation lost 0.9 percent of the industry employment.

Top 5 Industries
1. Wireless telecommunications carriers (293.8 percent gain)
2. Residential mental health facilities (271.3 percent gain)
3. Beer, wine, and liquor stores (250.0 percent gain)
4. Activities related to credit intermediation (237.7 percent gain)
5. Individual and family services (123.3 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.

Henrico County One-Year Industry Employment Change

In Henrico County, Virginia, the entire sum of jobs in all industries overall has increased by 2,183 jobs from mid-2005 to mid-2006.

Total One-Year Employment Growth in Henrico County

The Employment services industry has accounted the most employment growth with a total of 879 total jobs brought in during the period. The growth in the Employment services industry makes up 14.3 percent of the total growth in Henrico County.

Top 5 Industries
1. Employment services (879 new jobs)
2. Limited-service eating places (383 new jobs)
3. Management of companies and enterprises (260 new jobs)
4. Electronic markets and agents and brokers (239 new jobs)
5. Other professional and technical services (237 new jobs)

Out of the 154 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 64 described an expansion of jobs throughout the time period, while 90 industries reported a drop in employment.

Total One-Year Employment Decline in Henrico County

Of the area's industries (4-digit NAICS), the Nondepository credit intermediation industry experienced most substantial job loss, losing 422 jobs in that time period. The declines in the Nondepository credit intermediation industry make up 10.0 percent of the employment lost during the period in Henrico County, Virginia.

Top 5 Industries
1. Nondepository credit intermediation (422 jobs lost)
2. Nonresidential building construction (336 jobs lost)
3. Other schools and instruction (241 jobs lost)
4. Home health care services (195 jobs lost)
5. Data processing and related services (191 jobs lost)

The total number of jobs has increased by 1.4 percent since the 2nd Quarter figures of 2005. This change is less than percent in the State of Virginia, which experienced a gain of 1.9 percent from the 2nd Quarter of 2005. The gains felt were less than than the gain felt at the national level of 2.0 percent.

Henrico County One-Year Percentage Decline in Employment

The Other schools and instruction industry has seen the largest percentage drop in employment, losing 45.2 percent of the jobs from the 2nd quarter of 2005 to 2nd quarter of 2006. The losses of the area have declined faster than the industry has experienced in the State of Virginia, where the industry sector experienced a gain of 5.8 percent. The losses in the Other schools and instruction industry in Henrico County outpaced the US in terms of percent of decline of industry employment. The US gained 5.7 percent in terms of employment in the Other schools and instruction industry.

Top 5 Industries
1. Other schools and instruction (45.2 percent decline)
2. ISPs and web search portals (42 percent decline)
3. Other support services (39.1 percent decline)
4. Independent artists, writers, and performers (31.8 percent decline)
5. Other information services (24.1 percent decline)

Henrico County One-Year Percentage Growth in Employment

The Internet publishing and broadcasting industry has seen the largest percentage job growth, expanding by 170.6 percent from the 2nd quarter of 2005 to the 2nd quarter of 2006. This industry sector in Henrico County has increased employment faster than the overall industry growth seen in the State of Virginia, where it saw a gain of 5 percent. The Internet publishing and broadcasting industry in Henrico County outpaced the US in terms of percent growth of industry employment. During this period, the US gained 9 percent of the employment in this industry.

Top 5 Industries
1. Internet publishing and broadcasting (170.6 percent gain)
2. Direct selling establishments (81.6 percent gain)
3. Educational support services (76.0 percent gain)
4. Basic chemical manufacturing (65.7 percent gain)
5. Other professional and technical services (53.9 percent gain)





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 Henrico County, Virginia

Evaluated with other counties (or parishes) across the nation, Henrico County, Virginia can be recognized as having a poverty rate amongst the population, with a poverty rate of 6.2 percent with a family income under the 1999 poverty level. The Hispanic race/ethnicity population cohort, has the uppermost poverty rate with 14.3 percent of the people in 2000 living in poverty. The population that is aged 5 years are witness to the most percent living in poverty in Henrico County, having 10.5 percent of this age group in the area living in poverty.

While household income level experienced a decline from 2000 to 2005 in Henrico County, Virginia, the Race/Ethnicity group that went through the most dramatic decline in household income was the Black or African American category. This category saw a decline of 8.4 percent since the year 2000. The American Indian and Alaska Native population group was least impacted by the household income decline in Henrico County, seeing a 3.6 percent increase in household income, since the reported levels in 2000.

According to the 2000 Census, the Asian headed households in the area have median household incomes of $60,034. This household income level is 4.3 percent greater than the reported median household income for all households in the area. Black or African American householders reported a median household income that was 19.3 percent less than the overall reported level in 2000, with a reported median of $46,413. The households that were headed by an American Indian and Alaska Native individual in Henrico County reported an income level of $49,725, which was 13.6 percent less than the median income level in this area. Hispanic headed households in Henrico County, Virginia reported a median household income of $48,158, this income level is 16.3 percent less than the median reported for all households in the area. In Henrico County, Virginia White headed households reported a median household income (2005 Dollars) of $61,467 according to the Decennial Census of 2000, which was 6.8 percent greater than the median income in 2000.

Compared to counties across the United States, Henrico County had a relatively high household income of $57,546 (2005 Dollars). The income level is 5.1 percent higher than the median income in State of Virginia of $54,612 and this is 14.6 percent higher than the median for the rest of the nation, which is a reported $49,133.

The median household income has declined from the 2000 values (inflation adjusted). The median income has decreased to $55,356, which represents a 3.8 percent decline. Henrico County, Virginia, when comparing total percent of decline, ranks 6 of 11 counties in percent of decline for median household income in the State of Virginia. Henrico County ranks 520 of 668 counties (or parishes) when comparing the decline in median household income in the United States.

The poverty rate in Henrico County, Virginia has increased by 2.0 percent from the levels reported in the Decennial Census of 2000, moving from 6.2 percent to 8.2 percent.

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

Higher Education in Henrico County, Virginia

From the year 2000, Henrico has increased in the total percent of the over 25 population having a Bachelors Degree or Higher. This population group has grown by 3.0 percent to a total of 38 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 average US percent of 27.2.

In Henrico County, Virginia according the 2000 Decennial Census, 39 percent of the White Alone, 20.2 percent of Black or African American, 50.4 percent of the Asian alone and 21.4 percent of the Hispanic or Latino population, over the age 25, has achieved a Bachelors Degree or Higher.

From the years 2000 to 2005, the proportion of the male population that could be considered highly educated has increased by 1.4 percent. By the year 2005, 39.4 percent of the total male population, in the area, has obtained at least a Bachelors Degree. From 2000 to 2005, the percent of women with a Bachelors or Higher has increased by a total of 4.4 percent. By the year 2005, a total of 36.8 percent of the female population having received at least a Bachelors Degree.

Henrico County, Virginia may to understood as having a very highly-educated population of the working age, with 35 percent of the population over 25 years old having received at least a Bachelors Degree, according to the Decennial Census of 2000. Henrico has a higher percent of individuals with higher educations than the State of Virginia's proportion of 29.4 percent and a higher percent than United States proportion of 24.4 percent.

Reported by the 2000 Census in Henrico County, Virginia, the most common level of education achieved in the area for the male population is the Bachelors Degree or Higher category, with 38 percent reaching this education level. The female population in Henrico have on average achieved a lower level of higher education (Bachelors Degree or Higher) than the male population-- 38 percent (Men) versus 32.4 percent (Women). The most common level of education for women in the area is Bachelors Degree or Higher category, with 32.4 percent of the female population achieving this education level.

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

Demographic Profile for Henrico County, Virginia

In 2005, the Census Bureau estimated the median age in Henrico County, Virginia to be 37.3 years old. The median in Henrico is greater than the median age in Virginia of 37.2. From 2000, the area has seen an increase in this median, when at that time it was 36.1 years of age. With 24.7 percent of the 2005 population being made up of children and youth younger than 18, Henrico can be understood as being made up of a medium-high proportion of youths. The 18 to 64 years old population group has a medium-high representation within the estimated 2005 area population, making up 63.2 percent of the population falling in this age category. The retirement (65 and over) group makes up 12.1 percent of the total population base. Compared to other counties throughout the nation, this represents a medium-low proportion of the population.

Henrico County, Virginia has a population that is made of 63.4 percent White, 27 percent African American, 4.8 percent Asian, and 3.1 percent Hispanic. The area can be described as having a high level of diversity in terms of race and ethnicity, with 34.9 percent minorities. This is greater than the State of Virginia percent of 30. Since 2000, Henrico has increased in diversity when 30.7 percent of the total population were minorities.

Since the year 2000, a high number of individuals have migrated to Henrico from outside the country. The immigration into Henrico accounts for 3.5 percent of all immigration into Virginia. This amount of international migration is high when compared to international migration per 2005 population.

Henrico County, Virginia had a population of 280,581 for the year 2005. The total population has increased sharply, since its 2000 population of 263,201. This growth represents an increase of 6.6 percent. Henrico ranks 8 of 134 counties when calculating total change in population for Virginia and the county ranks 208 of 3,141 counties when analyzing total county population change across the nation.

By measuring total land area, Henrico covers a total land area of 238 total square miles. The area has a very high population density of 1,179 persons per square mile. Similar counties in the US, in terms of density, include: -- more densely populated -- Montgomery, OH (1,186 per sq. mile ), Hartford, CT (1,193 per sq. mile ), Shelby, TN (1,205 per sq. mile ), -- less densely populated -- Davidson, TN (1,145 per sq. mile ), Orange, FL (1,127 per sq. mile ), Monroe, NY (1,112 per sq. mile ).

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

Housing Report for Henrico County, Virginia

In the State of Virginia, Henrico County ranks 40 of 134 by percentage growth in residential real estate. The county is positioned 494 of 3,141, compared to change in residential structure growth in counties throughout the Unities States.

Henrico County had a median home value in the year 2005 of $186,600, published by the American Community Survey. This value is less than the overall State of Virginia 2005 median home value of $212,300 and greater than median home value of $167,500 for the United States in the same year.

Henrico County may be be described as having a relatively high proportion of residential real estate that is high priced. In 2005, the American Community Survey reported that 6.8 percent residential property is valued over $500k.

In Henrico County, there were a total of 122,746 housing structures in 2005. The area has seen growth in housing units, adding all together 8,483 residential structures since 2001, a change of 7.4 percent.

The residential housing values in Henrico County, Virginia have seen large increases from the housing values in 2000. The residential values have increased by $65,300, or 53.8 percent, from their 2000 value of $121,300.

There is a limited amount affordable residential real estate in Henrico County, Virginia. In 2005, 19.9 percent of owner-occupied dwellings were valued under $125k.

Data Source: U.S. Census Bureau

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

In Henrico County, Management of companies and enterprises, Finance and insurance and Professional and technical services industries, in terms of United States location quotient, are the most dominant in the region. The Management of companies and enterprises industry has an LQ of 3.65. This means the percent of total employment in the Management of companies and enterprises sector is 3.65 times greater than the US average, showing signs that Henrico may be an exporter of products or services of Management of companies and enterprises.

Finance and insurance saw the largest loss of employment between the years 2001-2005 in Henrico County. The sector dealt with a loss of 3,195 total jobs during the period, accounting for 14 percent of jobs in the industry. The losses in this industry made up 37.5 percent of all employment losses in the county.

In Henrico County, Retail Trade, Health care and social assistance, and the Finance and insurance sectors are the largest industries, in terms of total number of jobs in 2005. The Retail Trade produces the largest number of jobs in the area accounting for 14 percent of all the jobs in the county. This makes up 22,075 jobs. The Health care and social assistance and Finance and insurance sectors provide 13.1 and 12.5 percent of total employment, respectively.

Management of companies and enterprises is the industry with the largest establishments in Henrico County. In the County, the industry averages 98 workers per each place of employment, being greater than the industry's average in the United States of 40 and greater than the Virginia establishments size average of 50 for the Management of companies and enterprises industry.

Educational services is the industry that has grown the most in terms of employment from 2001-2005 in Henrico County, with a job growth of 39.5 percent. This is greater than the national employment change in the industry of 13.8 percent. The State of Virginia experienced a sector employment shift of 21 percent, since the year 2001.







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