Wednesday, March 21, 2007

In Isle of Wight County, jobs in the management of companies and enterprises pay the highest wages


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Jobs in the management of companies and enterprises industry reported the top wages in Isle of Wight County for 2006. The average worker in the industry in Isle of Wight County received a wage of $215,773 in 2nd quarter of 2006. The pay is greater than the industry wage in Virginia of $87,380 and greater than then the pay for jobs in this industry across the nation of $82,655.

Other top-pay jobs in Isle of Wight County, Virginia may be found in electronic markets and agents and brokers ($62,362), computer systems design and related services ($59,398), management and technical consulting services ($52,289) and offices of dentists ($46,708) 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.

Friday, March 09, 2007

Isle of Wight County Wages have increased by 11.8% Since 2001


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From the second quarter of 2001 to the second quarter of 2006, industry wages have increased in Isle of Wight County, Virginia by a total of 11.8%. This is less than the growth in industry wages for 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.

Tuesday, February 27, 2007

Isle of Wight County Industry Wages Exceed Virginia, and Wages Exceed the United States


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The overall industry wages in Isle of Wight County, Virginia can be understood as being relatively high when analyzed with other 2nd quarter of 2006 County wages throughout the state. The average pay is 1.4 percent higher than the reported averages in the state of $42,126. The average industry wage was greater 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

Isle of Wight County Five-Year Industry Employment Change

Total Five-Year Employment Growth in Isle of Wight County

The Limited-service eating places industry has grown the most with 120 jobs added during the time period. These new jobs in the Limited-service eating places industry makes up 25.8 percent of the total employment growth in Isle of Wight County.

Top 5 Industries
1. Limited-service eating places (120 new jobs)
2. Services to buildings and dwellings (59 new jobs)
3. Offices of real estate agents and brokers (49 new jobs)
4. Building equipment contractors (22 new jobs)
5. Management and technical consulting services (22 new jobs)

Total Five-Year Employment Decline in Isle of Wight County

Given the industries in the area, the Nonresidential building construction industry experienced most substantial job loss, losing 53 jobs during the period. The employment lost in the Nonresidential building construction industry make up 35.8 percent of the employment lost during the period in Isle of Wight County, Virginia.

Top 5 Industries
1. Nonresidential building construction (53 jobs lost)
2. Gasoline stations (49 jobs lost)
3. Building finishing contractors (17 jobs lost)
4. General freight trucking (7 jobs lost)
5. Professional and similar organizations (6 jobs lost)

In Isle of Wight County, Virginia, the total number of jobs throughout all industries has decreased by 459 total jobs from 2001 to 2006.

Given the 36 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 12 accounted an for increase in employment during the period and 24 industry sectors reported declines during the time period.

Isle of Wight County Five-Year Percentage Growth in Employment

The Offices of other health practitioners industry has seen the largest percentage job growth, expanding by 346.7 percent from 2001 (2nd quarter) to 2006 (2nd quarter). This industry sector in Isle of Wight County has expanded faster than the growth seen in the industry for Virginia, where the industry took a gain of 25.6 percent. The Offices of other health practitioners industry in Isle of Wight County outpaced the United States, which experienced a gained 26.1 percent of the industry employment.

Top 5 Industries
1. Offices of other health practitioners (346.7 percent gain)
2. Offices of real estate agents and brokers (341.9 percent gain)
3. Offices of physicians (196.3 percent gain)
4. Management and technical consulting services (181.1 percent gain)
5. Activities related to real estate (159.3 percent gain)

Isle of Wight County Five-Year Percentage Decline in Employment

The Nonresidential building construction industry has lost the largest amount of employment in terms of percentage, losing 81.2 percent from 2001 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry has seen in the Virginia, where the it saw a gain of 7.6 percent. The losses in the Nonresidential building construction industry in Isle of Wight County outpaced the US in terms of percent of decline of industry employment. The US lost 1.6 percent in terms of employment in the Nonresidential building construction industry.

Top 5 Industries
1. Nonresidential building construction (81.2 percent decline)
2. Gasoline stations (35.8 percent decline)
3. Professional and similar organizations (19.6 percent decline)
4. Legal services (19.4 percent decline)
5. Building finishing contractors (18.8 percent decline)

The total number of jobs has decreased by 4.3 percent from 2001 (2nd Quarter). These figures are greater than percent in the State of Virginia, which experienced a gain of 5.2 percent from the 2nd Quarter of 2001. The losses in the area were greater than than the gain experienced overall in the US 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.

Monday, January 22, 2007

Isle of Wight County One-Year Industry Employment Change

Total One-Year Employment Decline in Isle of Wight County

Of the area's industries (4-digit NAICS), the Gasoline stations industry faced the greatest employment loss with a total loss of 18 jobs in that time period. The declines in the Gasoline stations industry make up 19.7 percent of the total employment decline in Isle of Wight County, Virginia.

Top 5 Industries
1. Gasoline stations (18 jobs lost)
2. Traveler accommodation (11 jobs lost)
3. Other amusement and recreation industries (9 jobs lost)
4. Automotive repair and maintenance (8 jobs lost)
5. Other crop farming (8 jobs lost)

In Isle of Wight County, Virginia, the aggregate employment for all industry sectors has decreased by 1,180 total jobs from 2005 to 2006.

Of the 40 4-digit NAICS industries, 17 showed an escalation in the number employed, while 23 industries reported employment loss in the period.

Total One-Year Employment Growth in Isle of Wight County

From the industries (4-digit NAICS) in the area, the Limited-service eating places industry has added the most employment with 28 employees finding new jobs in the industry. The employment growth in the Limited-service eating places industry makes up 17.0 percent of the total growth in Isle of Wight County.

Top 5 Industries
1. Limited-service eating places (28 new jobs)
2. Architectural and engineering services (27 new jobs)
3. Depository credit intermediation (14 new jobs)
4. Personal care services (12 new jobs)
5. Child day care services (10 new jobs)

Total industry employment has decreased by 10.4 percent since the 2nd Quarter figures of 2005. This change is greater than percent in Virginia, experiencing a gain of 1.9 percent since 2005 ( 2nd Quarter). The losses felt were greater than than the gain experienced overall in the US of 2.0 percent.

Isle of Wight County One-Year Percentage Decline in Employment

The Lessors of real estate industry has lost the biggest percent of jobs, losing 20.2 percent from 2005 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry has seen in the Virginia, where the industry felt a gain of 1 percent. The losses in the Lessors of real estate industry in Isle of Wight County outpaced the US in terms of percent of decline of industry employment. The US lost 0.2 percent in terms of employees in the Lessors of real estate industry.

Top 5 Industries
1. Lessors of real estate (20.2 percent decline)
2. Gasoline stations (17.2 percent decline)
3. Other crop farming (15.5 percent decline)
4. Offices of dentists (10.7 percent decline)
5. Other miscellaneous store retailers (10.3 percent decline)

Isle of Wight County One-Year Percentage Growth in Employment

The Architectural and engineering services industry has experienced the largest percentage growth, expanding by 311.5 percent from the 2005 (Q2) to the 2006 (Q2). This industry in Isle of Wight County has expanded faster than the growth seen in the industry for Virginia, where this industry saw a gain of 2 percent. The Architectural and engineering services industry in Isle of Wight County outpaced the United States, which experienced a gained 5.5 percent in this industry.

Top 5 Industries
1. Architectural and engineering services (311.5 percent gain)
2. Offices of physicians (42.9 percent gain)
3. Personal care services (31.9 percent gain)
4. Management and technical consulting services (30.0 percent gain)
5. Highway, street, and bridge construction (28.0 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.

Wednesday, December 20, 2006

Income and Poverty in Isle of Wight County, Virginia

When analyzed against other counties (and parishes) in the US, Isle of Wight County reported a relatively high median household income of $53,103 (2005 Dollars). This median is 2.8 percent lower than the median income in State of Virginia of $54,612 and the median household income is 7.5 percent higher than the median for the rest of the nation, which is a reported $49,133.

According to the 2000 Census, the Asian headed households in the area have median household incomes of $61,718. This household income level is 16.2 percent greater than the reported median for all households in the area. The American Indian and Alaska Native householders in Isle of Wight County reported an income level of $38,137, which was 28.2 percent less than the median income level in this area. Hispanic headed households in Isle of Wight County, Virginia reported a median household income of $63,436, this median is 19.5 percent greater than the median reported for all households in the area. In Isle of Wight County, Virginia White householders had a median income (2005 Dollars) of $60,211 as reported by the Decennial Census of 2000, which was 13.4 percent greater than the median household income in 2000. Black or African American headed households had a median household income that was 33.3 percent less than the total 2000 reported median, with a their median reported to be $35,444.

Contrasted against to other counties (or parishes) throughout the US, Isle of Wight County, Virginia can be recognized as having a poverty rate amongst the population, with a poverty rate of 8.3 percent of people living in a family with an income below the poverty level in 1999. The Asian race/ethnicity demographic category, owns the foremost rate of poverty with 36.8 percent of the 2000 population living in poverty. People that are of the age 75 years and over are witness to the most percent living in poverty in Isle of Wight County, having 18.8 percent of this age cohort living in poverty.







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

Monday, November 13, 2006

Housing Report for Isle of Wight County, Virginia

Isle of Wight County had an owner-occupied dwelling median in 2000 of $129,300, accounted by the Decennial Census. This median is greater than the Virginia 2000 home value of $125,400 and greater than median home value of $119,600 for the rest of the nation in that year.

In the State of Virginia, Isle of Wight County is positioned 25 of 134 by percentage growth in residential real estate. The county is positioned 330 of 3,141, compared to change in residential structure growth in counties throughout the Unities States.

In Isle of Wight County, there were a total of 13,660 homes in the year 2005. This county has gone through a growth in housing units, adding in all 1,182 residential units since 2001, or 9.5 percent.

It can be understood that there is a fair amount of housing that is affordable in Isle of Wight County, Virginia. In 2000, 47.3 percent of residential real estate was valued under $125,000.

Isle of Wight County has a medium proportion of residential real estate that is high priced. In 2000, the Decennial Census counted that 1.1 percent owner-occupied dwelling are valued over a half a million dollars.



Data Source: U.S. Census Bureau

Tuesday, October 31, 2006

Employment Report for Isle of Wight County, Virginia -- Annual 2005 Industry Summary

Manufacturing since the year 2001 was faced with the largest loss in employment in Isle of Wight County. The sector faced a loss of 180 employees during the period, or 2.9 percent of jobs in the industry. The losses in this industry made up 58.4 percent of all employment losses in the county.

In Isle of Wight County, Manufacturing, Transportation and Warehousing and Other services, except public administration industries have the highest United States location quotient (LQ). The Manufacturing industry has an LQ of 4.15. This means the percent of total employment in the Manufacturing sector is 4.15 times greater than the US average, showing signs that Isle of Wight County may specialize, or be an exporter of Manufacturing.

In Isle of Wight County, Manufacturing, Retail Trade, and the Accommodation and food services sectors, in terms of total employment, are the largest. Manufacturing is the major employer in the county making up 53.3 percent of the total county employment. This totals 5,938 jobs. The Retail Trade and Accommodation and food services industries make up 8.4 and 6.3 percent of industry employment.

Real estate and rental and leasing saw the biggest increase in jobs since the year 2001 in Isle of Wight County, increasing in size by 124.1 percent. This is greater than the national sector change of 4.3 percent. The State of Virginia encountered a change in industry employment of 8.3 percent, in the period of time since 2001.

Manufacturing has a largest number of employee per establishment in Isle of Wight County, with the industry averaging 212 workers per each place of employment, being greater than the industry's average at the national level of 39 and greater than the Virginia typical size of 48 for the Manufacturing industry.







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

 

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