Wednesday, March 21, 2007

In Richmond County, jobs in the wired telecommunications carriers pay the highest wages


(Click Image to Enlarge Graph)



Employment in the wired telecommunications carriers industry had the highest average wages in Richmond County for 2006. The average industry job in Richmond County received an annual wage of $58,715 in 2006. The average wage is less than the average industry wage in the State of Virginia of $91,117 and less than then the wage for jobs in this industry at the United States Level of $68,448.

Other top-pay jobs in Richmond County, Virginia exsists in grocery and related product wholesalers ($46,606), direct selling establishments ($32,353), other specialty trade contractors ($29,194) and alcoholic beverage merchant wholesalers ($26,927) 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.

Tuesday, February 27, 2007

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


(Click Image to Enlarge Graph)



The overall industry wages in Richmond County, Virginia when analyzed can be described as medium-low when compared to other Counties throughout the state in the 2nd quarter of 2006. The industry wages are 33.4 percent lower than the state, which was reported to be $42,126. The industry pay was less 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.

Saturday, February 24, 2007

Richmond County Five-Year Industry Employment Change

Total Five-Year Employment Growth in Richmond County

The Other specialty trade contractors industry has added the most employment with 26 employees finding new jobs in the industry. The employment growth in the Other specialty trade contractors industry makes up 34.6 percent of the total growth in Richmond County.

Top 5 Industries
1. Other specialty trade contractors (26 new jobs)
2. Gasoline stations (17 new jobs)
3. Full-service restaurants (11 new jobs)
4. Automotive repair and maintenance (9 new jobs)
5. Auto parts, accessories, and tire stores (7 new jobs)

From the 12 4-digit NAICS industries, 6 reported job growth in the duration of the last five years and 6 industries reported a drop in employment.

Total Five-Year Employment Decline in Richmond County

Given the industries in the area, the Limited-service eating places industry experienced most substantial job loss, losing 17 jobs in that time period. The declines in the Limited-service eating places industry make up 44.4 percent of the jobs lost during the period in Richmond County, Virginia.

Top 5 Industries
1. Limited-service eating places (17 jobs lost)
2. Services to buildings and dwellings (10 jobs lost)
3. Grocery and Related Product Wholesalers (8 jobs lost)
4. Legal services (2 jobs lost)
5. Grocery and Related Product Wholesalers (12 jobs lost)

In Richmond County, Virginia, the total number of jobs throughout all industries has increased by 58 total jobs from 2001 to 2006.

Total employment has increased by 3 percent since the 2nd Quarter of 2001. This is less than percent in Virginia, which experienced a gain of 5.2 percent since the 2nd Quarter of 2001. The gains were greater than than the gain felt at the national level of 2.6 percent.

Richmond County Five-Year Percentage Growth in Employment

The Other specialty trade contractors industry has seen the largest percentage job growth, expanding by 188.1 percent from the 2nd quarter of 2001 to the 2nd quarter of 2006. This industry sector in Richmond County has grow faster than the industry has grown in the State of Virginia, where it saw a gain of 37.9 percent. The Other specialty trade contractors industry in Richmond County outpaced the United States, which experienced a gained 22.3 percent.

Top 5 Industries
1. Other specialty trade contractors (188.1 percent gain)
2. Automotive repair and maintenance (103.7 percent gain)
3. Full-service restaurants (82.5 percent gain)
4. Gasoline stations (74.3 percent gain)
5. Accounting and bookkeeping services (62.5 percent gain)

Richmond County Five-Year Percentage Decline in Employment

The Services to buildings and dwellings industry has seen the largest percentage drop in employment, losing 53.6 percent from 2001 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry sector has gone through in the Virginia, where the industry reported a gain of 11.5 percent. The losses in the Services to buildings and dwellings industry in Richmond County outpaced the United States industry losses overall. During this period, the United States gained 11 percent in terms of employment in the Services to buildings and dwellings industry.

Top 5 Industries
1. Services to buildings and dwellings (53.6 percent decline)
2. Grocery and Related Product Wholesalers (28.4 percent decline)
3. Legal services (16.3 percent decline)
4. Limited-service eating places (15.6 percent decline)
5. Florists (2.9 percent decline)





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

Richmond County One-Year Industry Employment Change

Total One-Year Employment Decline in Richmond County

Of the area's industries (4-digit NAICS), the Limited-service eating places industry witnessed the largest drop in employment, losing a total of 13 jobs. The declines in the Limited-service eating places industry make up 31.0 percent of the total employment decline in Richmond County, Virginia.

Top 5 Industries
1. Limited-service eating places (13 jobs lost)
2. Legal services (8 jobs lost)
3. Other general merchandise stores (6 jobs lost)
4. Grocery and Related Product Wholesalers (6 jobs lost)
5. Gasoline stations (4 jobs lost)

Total One-Year Employment Growth in Richmond County

Of the industries (4-digit NAICS) in the area, the Other specialty trade contractors industry has grown the most with 27 total jobs brought in during the period. The growth in the Other specialty trade contractors industry makes up 54.4 percent of the growth in Richmond County.

Top 5 Industries
1. Other specialty trade contractors (27 new jobs)
2. Wired telecommunications carriers (11 new jobs)
3. Accounting and bookkeeping services (3 new jobs)
4. Automotive repair and maintenance (3 new jobs)
5. Direct selling establishments (3 new jobs)

Of the 15 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 8 reported job growth in the duration of the year and 7 industries reported employment loss in the period.

In Richmond County, Virginia, the entire sum of jobs in all industries overall has increased by 55 jobs from mid-2005 to mid-2006.

Richmond County One-Year Percentage Decline in Employment

The Legal services industry has lost the biggest percent of jobs, losing 39 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 sector experienced a gain of 0.9 percent. The losses in the Legal services industry in Richmond County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States gained 0.6 percent in terms of employment in the Legal services industry.

Top 5 Industries
1. Legal services (39 percent decline)
2. Grocery and Related Product Wholesalers (21.3 percent decline)
3. Other general merchandise stores (17.5 percent decline)
4. Limited-service eating places (12.4 percent decline)
5. Florists (9.6 percent decline)

Richmond County One-Year Percentage Growth in Employment

The Other specialty trade contractors industry has seen the largest percentage job growth, expanding by 195.1 percent from the 2005 (Q2) to the 2006 (Q2). This industry in Richmond County has grow faster than the overall industry growth seen in the State of Virginia, where it saw a gain of 7.5 percent. The Other specialty trade contractors industry in Richmond County outpaced the US in terms of percent growth of industry employment. During this period, the US gained 6.8 percent of the employment in this industry.

Top 5 Industries
1. Other specialty trade contractors (195.1 percent gain)
2. Services to buildings and dwellings (44.4 percent gain)
3. Accounting and bookkeeping services (30.0 percent gain)
4. Automotive repair and maintenance (19.6 percent gain)
5. Direct selling establishments (12.1 percent gain)

Total industry employment has increased by 2.8 percent since the 2nd Quarter of 2005. This is greater than percent in Virginia, experiencing a gain of 1.9 percent from 2005 (2nd Quarter). The gains the area experienced were greater than than the gain felt at the national 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.

Thursday, January 11, 2007

Income and Poverty in Richmond County, Virginia

Contrasted against to other counties (or parishes) throughout the US, Richmond County, Virginia can be considered to have a medium-high rate of poverty among the people, accounting a rate of 15.4 percent of people living in a family with an income below the poverty level in 1999. The Hispanic race/ethnicity demographic group, represents the largest rate of poverty with 44.9 percent of the population in 2000 living in poverty. Individuals aged 6 to 11 years are experiencing most percent people in poverty in Richmond County, with 28.6 percent of this demographic group living with incomes under poverty.

When compared to other counties (and parishes) throughout the United States, Richmond County was reported to have a medium-low median income for all households of $38,640 (Adjusted to 2005 Dollars). This figure is 41.3 percent lower than the median income in State of Virginia of $54,612 and the median is 27.2 percent lower than the median household income level in the US of $49,133.

It was reported in 2000 that the Asian headed households had median household incomes of $44,118. This household income level is 14.2 percent greater than the reported median for all households in the area. Hispanic households in Richmond County, Virginia reported a median household income of $48,019, this income level is 24.3 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 36.6 percent less than the all population median published in the 2000 Census, with a median of $24,480. The American Indian and Alaska Native headed households in Richmond County had a median household income level of $68,738, which was 77.9 percent greater than the areas median level for all households. In Richmond County, Virginia White householders had a median income (2005 Dollars) of $43,217 according to the Decennial Census of 2000, which was 11.8 percent greater than the median income in 2000.







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

Wednesday, December 20, 2006

Higher Education in Richmond County, Virginia

Richmond County, Virginia may to understood as having a less-educated population, with 10 percent of the population (+25) having received a BA or higher, as reported the 2000 Decennial Census. Richmond has a lower percent of population with this high education level 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 Richmond County, Virginia as reported in the Census of the year 2000, 13.6 percent of the White Alone, 3 percent of Black or African American, 8.4 percent of the Asian alone and 8.4 percent of the Hispanic or Latino population (over 25) has obtained a Bachelors Degree or Higher.

In 2000, the Census reported that in Richmond County, Virginia, the largest educational attainment category for men is the Less than High School category, with 48.6 percent obtaining this level of education. The women in Richmond have achieved a greater level of higher education (Bachelors or Higher) than the men in the area: 9.8 percent (Men) versus 10.2 percent (Women). The largest educational attainment category for women in this areas is High School Diploma category, with 36.6 percent of the areas female population attaining this level of education.





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

Wednesday, November 29, 2006

Demographic Profile for Richmond County, Virginia

Richmond County, Virginia has a population that is made up of 63.7 percent White, 32.9 percent African American, 0.5 percent Asian, and 2.8 percent Hispanic. The population mix can be considered to have a high level of diversity in terms of race and ethnicity, with 36.2 percent of minorities in the 2005 population base. This is greater than the State of Virginia percent of 30. Since 2000, Richmond has increased in diversity when 35.8 percent of the population was made up of minorities.

Estimated since the year 2000, a medium-high number of individuals have migrated to Richmond from outside the country. The immigration into Richmond makes up 0 percent of all immigration into Virginia. This amount of international migration is medium-high when analyzed against the base population in the year 2005 and compared to other counties across the US.

The population division of the Census Bureau estimates in 2005 a median age in Richmond County, Virginia to be 41.3 years of age. The median age in Richmond is greater than the median age in Virginia of 37.2. Since the year 2000, the area has witnessed an increase in the median, when the median age was 40.5 years old. With a total of 15.9 percent of the 2005 population being made up of children and youth younger than 18, Richmond can be described as being made up of a relatively low proportion of youths. The 18 to 64 years old population group has a relatively high representation within the population, making up 65.2 percent of the population makes up this age category. The retirement (65 and over) age group comprises 18.9 percent of the total population base. Compared to other counties throughout the nation, this represents a medium-high proportion of the population.

Richmond County, Virginia had a total estimated population of 9,114 in the year 2005. The population has increased, since the 2000 total population of 8,794. This growth signifies an increase of 3.6 percent. Richmond ranks 75 of 134 counties when calculating total change in population for Virginia and the county ranks 1,544 of 3,141 counties when analyzing total county population change across the nation.

When calculating the total land area, Richmond extends a total area of 191 square miles. The county has a low average population density of 48 persons per square mile. Similar counties in the US, in terms of density, include: -- more densely populated -- Navarro, TX (48 per sq. mile ), Polk, WI (48 per sq. mile ), Franklin, AL (48 per sq. mile ), -- less densely populated -- Addison, VT (48 per sq. mile ), Tattnall, GA (48 per sq. mile ), Anson, NC (48 per sq. mile ).

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

Monday, November 13, 2006

Housing Report for Richmond city, Virginia

The residential home values in Richmond city, Virginia have seen large increases from the housing values in 2000. The residential values have increased by $62,100, or 71.1 percent, since their values in that year of $87,300.

In Richmond city, there were a total of 93,220 homes in 2005. The county has experienced a growth in housing units, adding all together 793 residential units since 2001, or 0.9 percent.

Richmond city recorded a median home value in 2005 of $149,400, published by the American Community Survey. This median is less than the State of Virginia 2005 median owner-occupied dwelling value of $212,300 and less than median owner-occupied dwelling value of $167,500 for the rest of the nation in that year.

Richmond city can be understood as having a relatively high proportion of high-valued homes. In 2005, the American Community Survey accounted that 7 percent of the houses are valued over a half a million dollars.

There seems to be a fair amount of real estate that is affordable in Richmond city, Virginia. In 2005, 40.6 percent of owner-occupied dwellings were valued under $125k.

The State of Virginia, Richmond city places 127 of 134 by percentage growth in residential real estate. The county is positioned 2,696 of 3,141, in terms of residential real estate percentage change change in the United States.

Data Source: U.S. Census Bureau

Tuesday, October 31, 2006

Employment Report for -- Annual 2005 Industry Summary

In County, Health care and social assistance, Management of companies and enterprises, and the Manufacturing sectors, in terms of total employment, are the largest. Health care and social assistance produces the largest number of jobs in the area accounting for 13.5 percent of all jobs throughout the county, totaling 15,294 employees. The Management of companies and enterprises and Manufacturing industries total 10.1 and 9.4 percent of total employment, respectively.

In County, Management of companies and enterprises, Other services, except public administration and Professional and technical services are the three industries with the highest location quotients. The Management of companies and enterprises industry has an LQ of 6.39. This means the percent of total employment in the Management of companies and enterprises industry is 6.39 times greater than the US average, showing signs that County may specialize, or be an exporter of Management of companies and enterprises.

Health care and social assistance has grown in employment, since the year 2001, more than any other industry in County, increasing in size by 26.1 percent. This is greater than the United States change in the sector jobs of 10.6 percent. The State of went through a industry job change of 13.1 percent, in the last 5 years.

Management of companies and enterprises has a largest number of employee per establishment in County. In the County, the industry averages 117 jobs per place of business. This is greater than the industry's average at the national level of 40 and greater than the establishments size average of 50 for the Management of companies and enterprises industry.

The Construction sector has decreased the most in local industry presence in County, since the year 2001, moving from making up 5.9 percent of employment in 2001 to 0 percent of total employment in the year 2005.







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

 

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