Wednesday, March 21, 2007

In Madison County, jobs in the beverage manufacturing pay the highest wages


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Jobs in the beverage manufacturing industry reported the top wages in Madison County for 2006. The average worker in the industry in Madison County received an annual wage of $39,715 in 2006. The average wage is less than the average industry wage in the State of Virginia of $46,638 and less than then the wage for jobs in this industry at the United States Level of $47,751.

Other top-pay jobs in Madison County, Virginia exsists in general freight trucking ($38,656), building equipment contractors ($35,931), other specialty trade contractors ($34,310) and logging ($31,335) 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.

Friday, March 09, 2007

Madison County Wages have increased by 23.7% Since 2001


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From the second quarter of 2001 to the second quarter of 2006, industry wages have increased in Madison County, Virginia by a total of 23.7%. This is greater 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.

Tuesday, February 27, 2007

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


(Click Image to Enlarge Graph)



Wages in all industries in Madison County, Virginia can be described as medium-low when analyzed with other Counties in the state. The overall wages are 38.4 percent lower than the reported averages in the state of $42,126. The overall industry wage 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.

Saturday, February 24, 2007

Madison County Five-Year Industry Employment Change

Total Five-Year Employment Decline in Madison County

Given the industries in the area, the Building foundation and exterior contractors industry experienced most substantial job loss, losing 28 jobs during the period. The employment lost in the Building foundation and exterior contractors industry make up 34.6 percent of the total job loss in Madison County, Virginia.

Top 5 Industries
1. Building foundation and exterior contractors (28 jobs lost)
2. Gasoline stations (17 jobs lost)
3. General freight trucking (11 jobs lost)
4. Logging (6 jobs lost)
5. Lessors of real estate (6 jobs lost)

In Madison County, Virginia, the total number of workers for all sectors has increased by 30 jobs between mid-2001 and mid-2006.

Out of the 17 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 10 accounted an for increase in employment during the period and 7 industry sectors reported declines during the time period.

Total Five-Year Employment Growth in Madison County

The Building equipment contractors industry has grown the most with 18 employees finding new jobs in the industry. The employment growth in the Building equipment contractors industry makes up 40.0 percent of the total employment growth in Madison County.

Top 5 Industries
1. Building equipment contractors (18 new jobs)
2. Building finishing contractors (11 new jobs)
3. Legal services (7 new jobs)
4. Architectural and engineering services (3 new jobs)
5. Full-service restaurants (3 new jobs)

Madison County Five-Year Percentage Growth in Employment

The Building finishing contractors industry has witnessed the largest percentage of employment expansion, increasing by 113.8 percent from 2001 (2nd quarter) to 2006 (2nd quarter). This industry sector in Madison County has expanded faster than the growth seen in the industry for Virginia, where the industry felt a gain of 16 percent. The Building finishing contractors industry in Madison County outpaced the nation in terms of industry employment growth . During this period, the nation gained 17.4 percent in this industry.

Top 5 Industries
1. Building finishing contractors (113.8 percent gain)
2. Building equipment contractors (50.5 percent gain)
3. Legal services (41.2 percent gain)
4. Architectural and engineering services (28.1 percent gain)
5. Full-service restaurants (4.4 percent gain)

Madison County Five-Year Percentage Decline in Employment

The General freight trucking industry has lost the largest percent of jobs, losing 70.8 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 industry reported a loss of 3.2 percent. The losses in the General freight trucking industry in Madison 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 jobs in the General freight trucking industry.

Top 5 Industries
1. General freight trucking (70.8 percent decline)
2. Lessors of real estate (50 percent decline)
3. Electronic markets and agents and brokers (33.3 percent decline)
4. Building foundation and exterior contractors (33.1 percent decline)
5. Gasoline stations (19.9 percent decline)

Total industry employment has increased by 1.1 percent from 2001 (2nd Quarter). These figures are less than percent in the State of Virginia, which experienced a gain of 5.2 percent from the 2nd Quarter of 2001. The gains in the area were less 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.

Monday, January 22, 2007

Madison County One-Year Industry Employment Change

Madison County One-Year Percentage Growth in Employment

The Legal services industry has witnessed the largest percentage of employment expansion, increasing by 38.5 percent from 2005 (2nd quarter) to 2006 (2nd quarter). This industry sector in Madison County has added employment faster than the overall industry growth seen in the State of Virginia, where the industry felt a gain of 0.9 percent. The Legal services industry in Madison County outpaced the US in terms of percent growth of industry employment. During this period, the US gained 0.6 percent.

Top 5 Industries
1. Legal services (38.5 percent gain)
2. Auto parts, accessories, and tire stores (11.8 percent gain)
3. Building finishing contractors (8.8 percent gain)
4. Grocery stores (8.2 percent gain)
5. Lessors of real estate (6.3 percent gain)

Madison County One-Year Percentage Decline in Employment

The Other general merchandise stores industry has seen the largest percentage drop in employment, losing 42.1 percent from 2005 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry has seen in the Virginia, where the industry reported a gain of 3.7 percent. The losses in the Other general merchandise stores industry in Madison County outpaced the United States industry losses overall. During this period, the United States gained 3.3 in percent of jobs in the Other general merchandise stores industry.

Top 5 Industries
1. Other general merchandise stores (42.1 percent decline)
2. Electronic markets and agents and brokers (41.5 percent decline)
3. Private households (24.8 percent decline)
4. Services to buildings and dwellings (20.9 percent decline)
5. Other specialty trade contractors (17.2 percent decline)

The total number of jobs has decreased by 1.4 percent since the 2nd Quarter of 2005. This is greater than growth in the State of Virginia, which went through a gain of 1.9 percent from the 2nd Quarter of 2005. The losses in the area were greater than than the gain felt at the national level of 2.0 percent.

Out of the 18 4-digit NAICS industries, 10 accounted an for increase in employment during the period and 7 industries reported employment loss in the period.

In Madison County, Virginia, the total number of jobs throughout all industries has decreased by 41 jobs between mid-2005 and mid-2006.

Total One-Year Employment Decline in Madison County

From of the area's 4-digit NAICS industries, the Full-service restaurants industry experienced most substantial job loss, losing 13 jobs. The declines in the Full-service restaurants industry make up 18.4 percent of the total employment decline in Madison County, Virginia.

Top 5 Industries
1. Full-service restaurants (13 jobs lost)
2. Private households (10 jobs lost)
3. Other specialty trade contractors (8 jobs lost)
4. Other general merchandise stores (8 jobs lost)
5. Household and institutional furniture mfg. (6 jobs lost)

Total One-Year Employment Growth in Madison County

From the industries (4-digit NAICS) in the area, the Grocery stores industry has added the most employment with 9 employees finding new jobs in the industry. The employment growth in the Grocery stores industry makes up 39.4 percent of the total growth in Madison County.

Top 5 Industries
1. Grocery stores (9 new jobs)
2. Legal services (7 new jobs)
3. Building equipment contractors (3 new jobs)
4. Auto parts, accessories, and tire stores (2 new jobs)
5. Building finishing contractors (2 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 Madison County, Virginia

When compared to other counties (and parishes) throughout the United States, Madison County was reported to have a relatively high median income for all households of $46,632 (Adjusted to 2005 Dollars). This figure is 17.1 percent lower than the median in Virginia of $54,612 and the median household income is 5.4 percent lower than the median in the US, which is $49,133.

Black or African American householders reported household income levels that were 32.3 percent less than the total 2000 reported median, with a their median reported to be $31,590. The Asian householders in the area have reported their median household incomes at $129,672. This median is 178.1 percent greater than the reported median for all households in the area. In Madison County, Virginia White headed households reported a median household income (2005 Dollars) of $47,546 as reported in 2000 by the census, which was 2 percent greater than the median household income in 2000. Hispanic Householders in Madison County, Virginia , according to the 2000 census, had a median household income of $45,513, this income level is 2.4 percent less than the areas median income level for all households.

Contrasted against to other counties (or parishes) throughout the US, Madison County, Virginia can be recognized as having a medium-low poverty rate amongst the population, with a poverty rate of 9.6 percent with a family income under the 1999 poverty level. The American Indian and Alaska Native race/ethnicity population cohort, has the uppermost poverty rate with 100 percent of the 2000 residents living in poverty. People aged Under 5 years are experiencing most percent people in poverty in Madison County, reporting 17.2 percent of this age cohort living in poverty.







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

Wednesday, December 20, 2006

Higher Education in Madison County, Virginia

Madison County, Virginia is made up of a highly-educated 2000 population, with 19.4 percent of the over 25 years old population having a Bachelors Degree or Higher, according to the 2000 Decennial Census. Madison was reported to have a lower percent of highly educated individuals 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.

In Madison County, Virginia according the 2000 Decennial Census, 21 percent of the White Alone, 5 percent of Black or African American, 47.4 percent of the Asian alone and 32.8 percent of the Hispanic or Latino (+25) population has achieved at least a Bachelors Degree.

The 2000 Decennial Census reported that in Madison County, Virginia, the largest educational attainment category for men is the High School Diploma category, with 36.4 percent obtaining this level of education. The women in Madison have attainment on average a lower level of higher education (Bachelors or Higher) than men -- 19.6 percent (Men) versus 19.2 percent (Women). Many of the women in the area have achieved the High School Diploma category, with 36.2 percent of the female population achieving this education level.





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

Wednesday, November 29, 2006

Demographic Profile for Madison County, Virginia

In 2005, the Census Bureau estimated the median age in Madison County, Virginia to be 41.7 years old. The median age in Madison is greater than the median age for the State of Virginia of 37.2. Since 2000, the area has experienced an increase in the median, when the median age was 40.1 years of age. With a total of 22.1 percent of the population in the year 2005 being made up of individuals less than 18 years old, Madison can be understood as having a medium-low percent of individuals under 18. The working age population group (18-64) has a medium-low representation within the estimated 2005 area population, making up 61.9 percent of the population falling in this age category. The retirement (65 and over) group makes up 16 percent of the total population base. Compared to other counties throughout the nation, this represents a medium-high proportion of the area population base.

Madison County, Virginia has a population that is made up of 86.3 percent White, 10.9 percent African American, 0.7 percent Asian, and 1.4 percent Hispanic. The area can be described as having a modest level of racial and ethnic diversity, with 13.0 percent of minorities in the 2005 population base. This is less than the State of Virginia percent of 30. Since 2000, Madison has stayed the same the percent of minority makeup when 13.0 percent of the population was made up of minorities.

Madison County, Virginia had an estimated population of 13,398 for the year 2005. The total population has increased sharply, since the population in 2000 of 12,560. This growth represents an increase of 6.7 percent. Madison ranks 51 of 134 counties when analyzing total population change in Virginia and the county ranks 1,168 of 3,141 counties by growth in county population in the United States.

Since the year 2000, a medium-low number of individual migrated to the Madison from outside the country. The immigration into Madison totals 0 percent of the total international migration into the State of Virginia. This percent of international migration is medium-low when compared to international migration per 2005 population.

In terms of total land area, Madison encompasses a total area of 321 square miles. The land areas has a low average population density of 42 persons per square mile, in 2005. Similar counties, in terms of density, in the US include: -- more densely populated -- Clinton, PA (42 per sq. mile ), Sioux, IA (42 per sq. mile ), Kerr, TX (42 per sq. mile ), -- less densely populated -- Baker, FL (42 per sq. mile ), Osceola, MI (42 per sq. mile ), Lyon, KS (42 per sq. mile ).

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

Monday, November 13, 2006

Housing Report for Madison County, Virginia

Madison County had an owner-occupied dwelling median in 2000 of $100,600, reported by the Decennial Census. This home value is less than the State of 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.

The State of Virginia, Madison County stands 33 of 134 by percentage growth in residential real estate. The county is positioned 451 of 3,141, comparing the percentage change in residential in other US counties.

It can be understood that there is a large amount of real estate that is affordable in Madison County, Virginia. In 2000, 64.5 percent of the homes were valued under $125,000.

In Madison County, there were a total of 5,791 homes in 2005. The county has experienced a growth in housing units, adding a sum of 426 housing units since the year 2001, or 7.9 percent.





Data Source: U.S. Census Bureau

Tuesday, October 31, 2006

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

The Manufacturing has seen the largest decrease in industry presence in Madison County since the year 2001. The industry went from accounting for 19.2 percent of total employment in 2001 to 7.8 percent of total employment in the year 2005.

Agriculture, forestry, fishing and hunting is the industry that has grown the most in terms of employment from 2001-2005 in Madison County, rising by 54.1 percent. This is greater than the industry employment change in the United States of -0.6 percent. The State of Virginia underwent a employment change in the industry of -8.6 percent, in the recent period of 2001-2005.

Retail Trade is the industry with the largest establishments in Madison County. In the County, the industry averages 23 employees per business. This is greater than the industry's average at the national level of 15 and greater than the Virginia establishments size average of 16 for the Retail Trade industry.

In Madison County, Agriculture, forestry, fishing and hunting, Retail Trade and Construction are the three industries with the highest location quotients. The Agriculture, forestry, fishing and hunting sector in the county has a location quotient of 6.89. In other words, the percent of total jobs in the Agriculture, forestry, fishing and hunting industry is 6.89 times the percent of the national average, This signifies that Madison specializes in Agriculture, forestry, fishing and hunting.

In Madison County, Retail Trade, Construction, and the Manufacturing sectors are the largest industries, in terms of total number of jobs in 2005. The Retail Trade is the largest employment industry and makes up 33 percent of the total county employment. This totals 948 employees. The Construction and Manufacturing sectors account for 9.8 and 7.8 percent of the total jobs, respectively.

Manufacturing saw the largest loss of employment between the years 2001-2005 in Madison County. The industry lost a total of 333 total jobs during the period, accounting for 59.8 percent of employment in the sector. These losses made up 99.1 percent of all county employment losses since 2001.





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

 

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