In Richmond city, jobs in the other financial investment activities pay the highest wages

(Click Image to Enlarge Graph)

People with jobs in the other financial investment activities industry wages were the highest in Richmond city for 2006. The average industry job in Richmond city received an annual wage of $127,311 in 2nd quarter of 2006. The pay is greater than the average industry wage in the State of Virginia of $97,125 and greater than then the pay for jobs in this industry in the United States of $120,327.

High-wage employment in Richmond city, Virginia are present in securities and commodity contracts brokerage ($115,204), druggists' goods merchant wholesalers ($111,772), management of companies and enterprises ($86,737) and farm product raw material merch. whls. ($82,309) 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.

Richmond city Wages have increased by 16.3% Since 2001

(Click Image to Enlarge Graph)

From 2001 to 2006, average industry wages increased in Richmond city, Virginia by a total of 16.3%. This is less than the growth in wages for the State of Virginia and greater 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.

Richmond city Industry Wages Exceed Virginia, and Wages Exceed the United States

(Click Image to Enlarge Graph)

The overall industry wages in Richmond city, Virginia when analyzed can be understood as being relatively high when analyzed with other 2nd quarter of 2006 County wages throughout the state. The average pay is 7.9 percent higher than the with an state average of $42,126. The industry pay was greater 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.

Richmond city Five-Year Industry Employment Change

Richmond city Five-Year Percentage Growth in Employment

The Motion picture and video industries industry has gone through the largest job growth by percent, increasing by 579.0 percent from 2001 (2nd quarter) to 2006 (2nd quarter). This industry sector in Richmond city has increased employment faster than the overall industry growth seen in the State of Virginia, where it saw a gain of 6.6 percent. The Motion picture and video industries industry in Richmond city outpaced the United States, which experienced a gained 3.3 percent of the employment in this industry.

Top 5 Industries
1. Motion picture and video industries (579.0 percent gain)
2. Individual and family services (431.3 percent gain)
3. Other investment pools and funds (389.8 percent gain)
4. Nondepository credit intermediation (262.4 percent gain)
5. ISPs and web search portals (260.8 percent gain)

Richmond city Five-Year Percentage Decline in Employment

The Lawn and garden equipment and supplies stores industry has lost the largest percent of jobs, losing 88.7 percent from 2001 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry sector has gone through in the Virginia, where the it saw a loss of 1.1 percent. The losses in the Lawn and garden equipment and supplies stores industry in Richmond city outpaced the losses of nation as a whole in the industry. In this time period, the nation lost 7.2 percent in terms of employees in the Lawn and garden equipment and supplies stores industry.

Top 5 Industries
1. Lawn and garden equipment and supplies stores (88.7 percent decline)
2. Medical equipment and supplies manufacturing (79.5 percent decline)
3. Electronic equipment repair and maintenance (67.6 percent decline)
4. Druggists' goods merchant wholesalers (67 percent decline)
5. Data processing and related services (62.2 percent decline)

Total employment has decreased by 3.3 percent from the reported values in 2001. These values are greater than growth 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 seen for the United States of 2.6 percent.

From the 136 4-digit NAICS industries, 81 accounted an for increase in employment during the period and 55 industry sectors reported declines during the time period.

Total Five-Year Employment Growth in Richmond city

From the industries (4-digit NAICS) in the area, the Individual and family services industry has added the most employment with 2,561 employees finding new jobs in the industry. The employment growth in the Individual and family services industry makes up 22.9 percent of the total employment growth in Richmond city.

Top 5 Industries
1. Individual and family services (2,561 new jobs)
2. Management of companies and enterprises (1,968 new jobs)
3. Nondepository credit intermediation (726 new jobs)
4. Motion picture and video industries (635 new jobs)
5. Home health care services (433 new jobs)

In Richmond city, Virginia, the total number of jobs throughout all industries has decreased by 3,944 jobs between mid-2001 and mid-2006.

Total Five-Year Employment Decline in Richmond city

The Employment services industry witnessed the largest drop in employment, losing a total of 1,512 jobs during the time period. The jobs lost in the Employment services industry make up 13.0 percent of the employment lost during the period in Richmond city, Virginia.

Top 5 Industries
1. Employment services (1,512 jobs lost)
2. General freight trucking (1,279 jobs lost)
3. Services to buildings and dwellings (792 jobs lost)
4. Medical equipment and supplies manufacturing (494 jobs lost)
5. Warehousing and storage (441 jobs lost)





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.

Richmond city One-Year Industry Employment Change

Of the 149 industries with industry data reported by the BLS in each quarter, 70 showed an escalation in the number employed, while 78 industry sectors accounting for employment declines during that time period.

Total One-Year Employment Growth in Richmond city

From the industries (4-digit NAICS) in the area, the Individual and family services industry has brought the most jobs with a total of 811 jobs added during the time period. These new jobs in the Individual and family services industry makes up 14.7 percent of the total employment growth in Richmond city.

Top 5 Industries
1. Individual and family services (811 new jobs)
2. Motion picture and video industries (679 new jobs)
3. Management of companies and enterprises (373 new jobs)
4. Full-service restaurants (254 new jobs)
5. Nonresidential building construction (236 new jobs)

In Richmond city, Virginia, the total number of workers for all sectors has increased by 1,422 jobs between mid-2005 and mid-2006.

Total One-Year Employment Decline in Richmond city

The Employment services industry faced the greatest employment loss with a total loss of 1,202 jobs. The declines in the Employment services industry make up 37.7 percent of the employment lost during the period in Richmond city, Virginia.

Top 5 Industries
1. Employment services (1,202 jobs lost)
2. Lessors of real estate (167 jobs lost)
3. Plastics product manufacturing (164 jobs lost)
4. Civic and social organizations (140 jobs lost)
5. Professional and similar organizations (131 jobs lost)

Richmond city One-Year Percentage Decline in Employment

The Lawn and garden equipment and supplies stores industry has lost the largest amount of employment in terms of percentage, losing 43.2 percent of the jobs from 2005 to 2006. These have declined faster than the industry sector has felt in the State of Virginia, where the industry felt a loss of 2 percent. The losses in the Lawn and garden equipment and supplies stores industry in Richmond city outpaced the US in terms of percent of decline of industry employment. The US lost 0.3 percent in terms of employment in the Lawn and garden equipment and supplies stores industry.

Top 5 Industries
1. Lawn and garden equipment and supplies stores (43.2 percent decline)
2. Electronic equipment repair and maintenance (40.8 percent decline)
3. Employment services (22.3 percent decline)
4. Grantmaking and giving services (22.1 percent decline)
5. Lessors of real estate (21.6 percent decline)

Richmond city One-Year Percentage Growth in Employment

The Motion picture and video industries industry has experienced the largest percentage growth, expanding by 1028.3 percent from the 2005 (Q2) to the 2006 (Q2). This industry in Richmond city has added employment faster than the industry job growth experienced in Virginia, where the industry took a gain of 15.2 percent. The Motion picture and video industries industry in Richmond city outpaced the nation in terms of industry employment growth . During this period, the nation gained 2.5 percent of the industry employment.

Top 5 Industries
1. Motion picture and video industries (1028.3 percent gain)
2. Taxi and limousine service (75.6 percent gain)
3. Remediation and other waste services (55.6 percent gain)
4. Other miscellaneous store retailers (35.5 percent gain)
5. Individual and family services (34.6 percent gain)

Total employment has increased by 1.3 percent from 2005 (2nd Quarter). These figures are less than growth in the State of Virginia, which went through a gain of 1.9 percent since the 2nd Quarter of 2005. The gains the area experienced were less than than the gain reported at the US 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.

Housing Report for Richmond County, Virginia

Richmond County recorded a median home value in 2000 of $86,700, published by the Decennial Census. This home value is less than the Virginia 2000 median home value of $125,400 and less than home value of $119,600 across the nation during that year.

In Richmond County, the real estate market was made up of 3,694 homes in the year 2005. This county has gone through a growth in housing units, adding in all 141 residential structures since 2001, a change of 4 percent.

There is a large amount of affordable housing in Richmond County, Virginia. In 2000, 72 percent of owner-occupied dwellings were valued under $125k.

The State of Virginia, Richmond County stands 76 of 134 by percentage growth in residential real estate. The county is positioned 1,070 of 3,141, in terms of residential real estate percentage change change in the United States.





Data Source: U.S. Census Bureau

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

Retail Trade since the year 2001 lost the most jobs in Richmond County. The sector faced a loss of 150 jobs, or 34.6 percent of jobs in the industry. The losses in this industry made up 77.7 percent of the total loss in employment during the period.

The Retail Trade sector has decreased the most in local industry presence in Richmond County since the year 2001. The industry went from accounting for 22.8 percent of total jobs in the year 2001 to 14.7 percent in 2005.

Manufacturing has the largest employers in Richmond County. The industry averages 43 jobs per establishment, which is greater than the US industry average of 39 and less than the State of Virginia average of 48 for the Manufacturing industry.

Richmond County is ranked at 124 of 136 Counties in the State of Virginia by total number of jobs in 2005. This position has moved up during the time of 2001 and 2005. The County, in the year 2001, was ranked 120 of 136 Counties.

In Richmond County, Agriculture, forestry, fishing and hunting, Information and Other services, except public administration are the three industries with the highest location quotients. The Agriculture, forestry, fishing and hunting industry has an LQ of 5.76. This means the percent of total employment in the Agriculture, forestry, fishing and hunting industry is 5.76 times the percent of the national average, This signifies that Richmond County produces more than its local requirement of products and/or services of Agriculture, forestry, fishing and hunting.

Manufacturing has had the highest level of job growth from 2001-2005 in Richmond County, changing a total of 70.4 percent. This is greater than the industry employment change in the United States of -13.4 percent. The State of Virginia saw a change in employment in the sector of -13.8 percent, in the duration of 2001 to 2005.

In Richmond County, Retail Trade, Manufacturing, and the Information 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 14.7 percent of the total county employment. This totals 284 people employed. The Manufacturing and Information sectors provide 11 and 7.8 percent of the total jobs, respectively.



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