Wednesday, March 21, 2007

In Henry County, jobs in the lumber and const. supply merchant wholesalers pay the highest wages


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Individuals that are employed in the lumber and const. supply merchant wholesalers industry reported the top wages in Henry County for 2006. The average industry job in Henry County was paid an annual wage of $60,206 in 2006. The average wage is greater than the average industry wage in the State of Virginia of $46,070 and greater than then the wage for jobs in this industry in the US of $47,860.

Other top-pay jobs in Henry County, Virginia are present in paper and paper product merchant wholesalers ($49,667), hardware and plumbing merchant wholesalers ($48,572), other miscellaneous store retailers ($44,581) and office administrative services ($41,096) 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.

Friday, March 09, 2007

Henry County Wages have increased by 13.4% Since 2001


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Since 2001, industry wages increased in Henry County, Virginia by a total of 13.4%. This is less than the growth in 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.

Tuesday, February 27, 2007

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


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Wages in all industries in Henry County, Virginia can be understood as being medium-low when analyzed with other 2nd quarter of 2006 County wages throughout the state. The average pay is 35.1 percent lower than the with an state average of $42,126. The average industry wage was less than the overall average in the United States 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.

Saturday, February 24, 2007

Henry County Five-Year Industry Employment Change

Total Five-Year Employment Growth in Henry County

Out of the 4-digit NAICS industries, the Employment services industry has grown the most with 106 new jobs created in the period. The job growth in the Employment services industry makes up 36.2 percent of the total number of new jobs in Henry County.

Top 5 Industries
1. Employment services (106 new jobs)
2. Converted paper product manufacturing (30 new jobs)
3. Offices of other health practitioners (28 new jobs)
4. Other motor vehicle dealers (17 new jobs)
5. General freight trucking (16 new jobs)

Total Five-Year Employment Decline in Henry County

From of the area's 4-digit NAICS industries, the Warehousing and storage industry experienced most substantial job loss, losing 1,080 jobs during the time period. The jobs lost in the Warehousing and storage industry make up 38.6 percent of the total employment decline in Henry County, Virginia.

Top 5 Industries
1. Warehousing and storage (1,080 jobs lost)
2. Household and institutional furniture mfg. (982 jobs lost)
3. Grocery stores (203 jobs lost)
4. Nonresidential building construction (160 jobs lost)
5. Office furniture and fixtures manufacturing (76 jobs lost)

Given the 48 industries with industry data reported by the BLS in each quarter, 30 reported job growth in the duration of the last five years and 18 industry sectors accounting for employment declines during that time period.

In Henry County, Virginia, the entire sum of jobs in all industries overall has decreased by 4,547 total jobs between the 2nd Quarter of 2001 and 2nd Quarter of 2006.

Henry County Five-Year Percentage Decline in Employment

The Warehousing and storage industry has seen the largest percentage drop in employment, losing 64 percent from 2001 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry sector has felt in the State of Virginia, where the it saw a gain of 12 percent. The losses in the Warehousing and storage industry in Henry County outpaced the United States industry losses overall. During this period, the United States gained 22.1 percent in terms of employment in the Warehousing and storage industry.

Top 5 Industries
1. Warehousing and storage (64 percent decline)
2. Nonresidential building construction (58.5 percent decline)
3. Specialty food stores (53.6 percent decline)
4. Grocery stores (52.2 percent decline)
5. Legal services (46.5 percent decline)

The total number of jobs has decreased by 24.2 percent since the 2nd Quarter of 2001. This is greater than percent in the State of Virginia, which saw a gain of 5.2 percent from the 2nd Quarter of 2001. The losses felt were greater than than the gain experienced overall in the US of 2.6 percent.

Henry County Five-Year Percentage Growth in Employment

The Offices of other health practitioners industry has experienced the largest percentage growth, expanding by 122.1 percent from 2001 (2nd quarter) to 2006 (2nd quarter). This industry sector in Henry County has increased employment faster than the industry job growth experienced in Virginia, where this industry saw a gain of 25.6 percent. The Offices of other health practitioners industry in Henry County outpaced the US in terms of percent growth of industry employment. During this period, the US gained 26.1 percent.

Top 5 Industries
1. Offices of other health practitioners (122.1 percent gain)
2. Employment services (83.1 percent gain)
3. Other motor vehicle dealers (47.2 percent gain)
4. Lessors of real estate (37.0 percent gain)
5. Death care services (30.3 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.

Monday, January 22, 2007

Henry County One-Year Industry Employment Change

Employment for all industries has increased by 1 percent from the reported values in 2005. These values are less than percent in the State of Virginia, experiencing a gain of 1.9 percent from 2005 (2nd Quarter). The gains were less than than the gain felt at the national level of 2.0 percent.

Henry County One-Year Percentage Growth in Employment

The Special food services industry has experienced the largest percentage growth, expanding by 123.5 percent from the 2nd quarter of 2005 to the 2nd quarter of 2006. This industry sector in Henry County has increased employment faster than the industry job growth experienced in Virginia, where the industry took a gain of . percent. The Special food services industry in Henry County outpaced the United States, which experienced a gained 1.6 percent of the industry employment.

Top 5 Industries
1. Special food services (123.5 percent gain)
2. Misc. durable goods merchant wholesalers (111.9 percent gain)
3. Household goods repair and maintenance (41.3 percent gain)
4. Employment services (33.9 percent gain)
5. Lessors of real estate (29.9 percent gain)

Henry County One-Year Percentage Decline in Employment

The Specialty food stores industry has lost the biggest percent of jobs, losing 40.7 percent from 2005 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry has experienced in the State of Virginia, where the industry felt a gain of 2.7 percent. The losses in the Specialty food stores industry in Henry County outpaced the US in terms of percent of decline of industry employment. The US lost 2 in percent of workers in the Specialty food stores industry.

Top 5 Industries
1. Specialty food stores (40.7 percent decline)
2. Other specialty trade contractors (22.9 percent decline)
3. Offices of other health practitioners (22.6 percent decline)
4. Warehousing and storage (19.7 percent decline)
5. Nonresidential building construction (19.2 percent decline)

Total One-Year Employment Decline in Henry County

The Household and institutional furniture mfg. industry faced the greatest employment loss with a total loss of 296 jobs during the period. The employment lost in the Household and institutional furniture mfg. industry make up 41.6 percent of the total job loss in Henry County, Virginia.

Top 5 Industries
1. Household and institutional furniture mfg. (296 jobs lost)
2. Warehousing and storage (149 jobs lost)
3. Gasoline stations (47 jobs lost)
4. Nonresidential building construction (27 jobs lost)
5. Building equipment contractors (26 jobs lost)

Of the 57 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 28 described an expansion of jobs throughout the time period, while 29 industry sectors reported declines during the time period.

In Henry County, Virginia, the total number of jobs throughout all industries has increased by 147 total jobs between the 2nd Quarter of 2005 and 2nd Quarter of 2006.

Total One-Year Employment Growth in Henry County

From the industries (4-digit NAICS) in the area, the Converted paper product manufacturing industry has brought the most jobs with a total of 109 employees finding new jobs in the industry. The employment growth in the Converted paper product manufacturing industry makes up 29.1 percent of the growth in Henry County.

Top 5 Industries
1. Converted paper product manufacturing (109 new jobs)
2. Employment services (59 new jobs)
3. Limited-service eating places (36 new jobs)
4. Automobile dealers (25 new jobs)
5. Misc. durable goods merchant wholesalers (16 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.

Thursday, January 11, 2007

Income and Poverty in Henry County, Virginia

When put side-by-side with other counties (or parishes) throughout the United States, Henry County, Virginia can be considered to have a medium-low rate of poverty among its population, accounting a rate of 11.7 percent of the individuals existing in families with incomes under the poverty level in 1999. The Hispanic race/ethnicity demographic category, owns the foremost rate of poverty with 38.4 percent of the 2000 population living in poverty. People that are of the age Under 5 years have the largest percent of population in poverty in Henry County, with 22 percent of this age group in the area living in poverty.

When analyzed against other counties (and parishes) in the US, Henry County was reported to have a medium-low median household income of $37,225 (2005 Dollars). This median is 46.7 percent lower than the median in State of Virginia of $54,612 and the median is 32 percent lower than the median household income level in the US of $49,133.

Black or African American householders reported a median household income that was 14.4 percent less than the overall median reported in 2000, with a reported median of $31,874. In Henry County, Virginia White householders had a median income (2005 Dollars) of $39,052 according to the 2000 Dencennial Census, which was 4.9 percent greater than the median household income in 2000. The Asian householders in the area have reported their median household incomes at $53,573. This income level is 43.9 percent greater than the reported median household income, in the area, for all households. Hispanic households in Henry County, Virginia , according to the 2000 census, had a median household income of $27,748, which is 25.5 percent less than reported value of the areas total household median income for all households. The American Indian and Alaska Native households in Henry County reported an income level of $35,935, this median was 3.5 percent less than the median level for total households in the area.







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

Wednesday, December 20, 2006

Higher Education in Henry County, Virginia

The 2000 Decennial Census reported that in Henry County, Virginia, a high proportion of the male population in the area have reached the Less than High School category, with 38 percent achieving this level. The female population in Henry have attainment on average a greater level of higher education (Bachelors or Higher) than men; 9.4 percent (Men) versus 9.4 percent (Women). The largest educational attainment category for women in this areas is High School Diploma category, with 34.2 percent of the areas female population attaining this level of education.

In Henry County, Virginia as reported in the 2000 Census, 10.4 percent of the White Alone, 6 percent of Black or African American, 23 percent of the Asian alone and 4.6 percent of the Hispanic or Latino population (over 25) has obtained a Bachelors Degree or Higher.

Henry County, Virginia is made up of a less-educated population of the working age, with 9.4 percent of the population (+25) having received a BA or higher, as reported the 2000 Decennial Census. Henry was reported to have a lower percent of the population with at least a Bachelors than the State of Virginia's proportion of 29.4 percent and a lower percent than the average across the nation of 24.4 percent.





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

Wednesday, November 29, 2006

Demographic Profile for Henry County, Virginia

The U.S. Census Bureau, in the year 2005, estimated a median age in Henry County, Virginia to be 41.5 years old. The median in Henry is greater than the median in Virginia of 37.2. Since the year 2000, the area has witnessed an increase in the median age, at that time the median was 39.4 years of age. With a total of 21.3 percent of the population in 2005 being comprised of children and youth younger than 18, Henry can be described as being made up of a medium-low percent of individuals under 18. The working age population group (18-64) has a medium-high representation within the population, making up 62.6 percent of the population within the age group. People 65 and older make up 16.2 percent of the population. When compared to other counties in the United States, this represents a medium-high proportion of the area population base.

Since 2000, a high amount of people migrated to Henry from outside the country. The immigration into Henry totals 0.6 percent of all immigration into Virginia. This amount of international migration is high when compared to international migration per 2005 population.

Henry County, Virginia had a population of 56,501 in 2005. The estimated population has decreased, since its 2000 population of 57,972. The decline denotes a decrease of -2.5 percent. Henry ranks 129 of 134 counties when calculating total change in population for Virginia and the county ranks 3,027 of 3,141 counties when calculating the total change in county population across the US.

Henry County, Virginia has a population that is comprised of 70.9 percent White, 22.4 percent African American, 0.5 percent Asian, and 5.5 percent Hispanic. The area can be described as having a high level of racial and ethnic diversity, with 28.4 percent of the population made up of minorities. This is less than the State of Virginia percent of 30. Since 2000, Henry has increased the percent of minority population when 26.6 percent of the people were minorities.

By measuring total land area, Henry covers a total land area of 382 square miles. This area has a medium-low density of 148 persons per square mile. Other counties with similar densities in the US include: -- more densely populated -- Greenwood, SC (149 per sq. mile ), Stanly, NC (149 per sq. mile ), Troup, GA (150 per sq. mile ), -- less densely populated -- Davie, NC (148 per sq. mile ), Eau Claire, WI (148 per sq. mile ), Sutter, CA (148 per sq. mile ).

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

Monday, November 13, 2006

Housing Report for Henry County, Virginia

The State of Virginia, Henry County ranks 123 of 134 by percent in growth of new residential structures. The county places 2,540 of 3,141, in terms of residential real estate percentage change change in the United States.

In Henry County, there were a total of 26,463 homes in the year 2005. This county has gone through a growth in housing units, adding a sum of 303 residential units since 2001, or 1.2 percent.

Henry County is made up of a small, but present percentage of high-priced residential real estate. In 2000, the Decennial Census accounted that 0.6 percent of the houses are valued over a half a million dollars.

Henry County had a median home value in the year 2000 of $75,500, published by the Decennial Census. This home value is less than the overall State of Virginia 2000 home median value of $125,400 and less than home value of $119,600 for the United States in the same year.

According to the data, there is a large amount of affordable housing in Henry County, Virginia. In 2000, 85.2 percent of residential real estate was valued under $125,000.



Data Source: U.S. Census Bureau

Tuesday, October 31, 2006

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

In Henry County, Manufacturing, Retail Trade, and the Transportation and Warehousing sectors are the largest industries, in terms of total number of jobs in 2005. The Manufacturing provides the most jobs and contributes 47.7 percent of the total county employment. This totals 6,774 jobs. The Retail Trade and Transportation and Warehousing sectors account for 10.2 and 8.1 percent of total employment, respectively.

Manufacturing between the years 2001 and 2005, saw the greatest loss in employment in Henry County. The sector faced a loss of 2,642 employees during the period, or 28.1 percent of the employment in the industry. This made up a total of 44.1 percent of all county employment losses since 2001.

Finance and insurance has had the highest level of job growth from 2001-2005 in Henry County, growing in new jobs by 8.9 percent. This is greater than the change of total jobs in the industry for the United States of 4.8 percent. The State of Virginia experienced a change in employment in the sector of 7.1 percent, since the year 2001.

Manufacturing is the industry with the largest establishments in Henry County. In the County, the industry averages 81 employees per business. This is greater than the industry's national average of 39 and greater than the Virginia establishments size average of 48 for the Manufacturing industry.

Henry County ranks 40 of 136 Counties in the State of Virginia in terms of total 2005 employment. The County’s employment ranking has moved up during the time of 2001 and 2005. The County, in the year 2001, was ranked 32 of 136 Counties.

In Henry County, Manufacturing, Transportation and Warehousing and Arts, entertainment, and recreation have the highest US LQ in 2005. The Manufacturing sector in the county has a location quotient of 3.72. The percent of employment in the Manufacturing sector is 3.72 times more than the average percent in the United States, revealing signs that Henry may be an exporter of products or services of Manufacturing.





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

 

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