Roanoke County, Virginia

In Roanoke County, the nondepository credit intermediation industry jobs pay the highest wages

2007-03-21T09:08:00.000-07:00

Individuals that are employed in the nondepository credit intermediation industry wages were the highest in Roanoke County for the 2nd quarter of 2006. The average worker in the industry in Roanoke County was paid and annual wage of $85,440 in 2006. The annual wage is greater than the industry pay the State of Virginia of $78,497 and greater than then the pay for jobs in this industry in the United States of $65,753.

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Other top-pay jobs in Roanoke County, Virginia are present in securities and commodity contracts brokerage ($80,037), offices of physicians ($79,040), electric goods merchant wholesalers ($65,806) and management of companies and enterprises ($60,639 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.

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

2007-02-27T23:23:00.000-08:00

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The average total wages in all industries in Roanoke County, Virginia can be described as medium-high when analyzed with other 2nd quarter of 2006 County wages throughout the state. The average pay is 26.8 percent lower than the reported averages in the state 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.

Roanoke County Five-Year Industry Employment Change

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Given the 79 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 36 described an expansion of jobs throughout the time period, while 43 industry sectors accounting for employment declines during that time period.

Total Five-Year Employment Growth in Roanoke County

Of the industries (4-digit NAICS) in the area, the Employment services industry has added the most employment with 1,319 employees finding new jobs in the industry. The employment growth in the Employment services industry makes up 33.4 percent of the growth in Roanoke County.

Top 5 Industries
1. Employment services (1,319 new jobs)
2. Building material and supplies dealers (201 new jobs)
3. Printing and related support activities (196 new jobs)
4. Offices of physicians (182 new jobs)
5. Specialized freight trucking (129 new jobs)

Total Five-Year Employment Decline in Roanoke County

From of the area's 4-digit NAICS industries, the Insurance carriers industry witnessed the largest drop in employment, losing a total of 299 jobs in that time period. The declines in the Insurance carriers industry make up 23.3 percent of the total employment decline in Roanoke County, Virginia.

Top 5 Industries
1. Insurance carriers (299 jobs lost)
2. Accounting and bookkeeping services (137 jobs lost)
3. Management of companies and enterprises (92 jobs lost)
4. Services to buildings and dwellings (71 jobs lost)
5. General freight trucking (64 jobs lost)

In Roanoke County, Virginia, the aggregate employment for all industry sectors has increased by 2,507 total jobs between the 2nd Quarter of 2001 and 2nd Quarter of 2006.

Roanoke County Five-Year Percentage Decline in Employment

The Lawn and garden equipment and supplies stores industry has seen the largest percentage drop in employment, losing 63.4 percent from 2001 (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 loss of 1.1 percent. The losses in the Lawn and garden equipment and supplies stores industry in Roanoke County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States 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 (63.4 percent decline)
2. Professional and similar organizations (55.6 percent decline)
3. Electric goods merchant wholesalers (53.1 percent decline)
4. Other personal services (46.9 percent decline)
5. Other financial investment activities (43.8 percent decline)

The total number of jobs has increased by 9.1 percent from 2001 (2nd Quarter). These figures are greater than growth in Virginia, which went through a gain of 5.2 percent since 2001 ( 2nd Quarter). The gains in the area were greater than than the gain reported at the US level of 2.6 percent.

Roanoke County Five-Year Percentage Growth in Employment

The Activities related to credit intermediation industry has gone through the largest job growth by percent, increasing by 830.6 percent from the 2001 (Q2) to the 2006 (Q2). This industry in Roanoke County has expanded faster than the industry job growth experienced in Virginia, where this industry saw a gain of 102.9 percent. The Activities related to credit intermediation industry in Roanoke County outpaced the national average, which felt a gained 49.5 percent.

Top 5 Industries
1. Activities related to credit intermediation (830.6 percent gain)
2. Printing and related support activities (387.5 percent gain)
3. Building material and supplies dealers (361.1 percent gain)
4. Electronic equipment repair and maintenance (237.0 percent gain)
5. Motor vehicle and parts merchant wholesalers (185.3 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.

Roanoke County One-Year Industry Employment Change

2007-01-22T09:35:00.000-08:00

Total One-Year Employment Growth in Roanoke County

Of the industries (4-digit NAICS) in the area, the Employment services industry has brought the most jobs with a total of 838 jobs added during the time period. These new jobs in the Employment services industry makes up 40.7 percent of the total employment growth in Roanoke County.

Top 5 Industries
1. Employment services (838 new jobs)
2. Clothing stores (97 new jobs)
3. Nonresidential building construction (73 new jobs)
4. Building material and supplies dealers (67 new jobs)
5. Investigation and security services (64 new jobs)

Given the 92 4-digit NAICS industries, 34 showed an escalation in the number employed, while 57 industry sectors reported declines during the time period.

In Roanoke County, Virginia, the total number of jobs throughout all industries has increased by 1,909 jobs between mid-2005 and mid-2006.

Total One-Year Employment Decline in Roanoke County

From of the area's 4-digit NAICS industries, the Accounting and bookkeeping services industry has lost the most employment with a total loss of 577 jobs during the period. The employment lost in the Accounting and bookkeeping services industry make up 54.5 percent of the jobs lost during the period in Roanoke County, Virginia.

Top 5 Industries
1. Accounting and bookkeeping services (577 jobs lost)
2. Nondepository credit intermediation (83 jobs lost)
3. Nursing care facilities (74 jobs lost)
4. Lawn and garden equipment and supplies stores (32 jobs lost)
5. Utility system construction (28 jobs lost)

Employment for all industries has increased by 6.8 percent from 2005 (2nd Quarter). These figures are greater than percent 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 greater than than the gain seen for the United States of 2.0 percent.

Roanoke County One-Year Percentage Decline in Employment

The Accounting and bookkeeping services industry has lost the largest percent of jobs, losing 72.1 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 5.7 percent. The losses in the Accounting and bookkeeping services industry in Roanoke County outpaced the losses of nation as a whole in the industry. In this time period, the nation gained 3.8 in percent of jobs in the Accounting and bookkeeping services industry.

Top 5 Industries
1. Accounting and bookkeeping services (72.1 percent decline)
2. Lawn and garden equipment and supplies stores (60.1 percent decline)
3. Nondepository credit intermediation (47.6 percent decline)
4. Utility system construction (32.2 percent decline)
5. Securities and commodity contracts brokerage (28.5 percent decline)

Roanoke County One-Year Percentage Growth in Employment

The Investigation and security services industry has witnessed the largest percentage of employment expansion, increasing by 89.3 percent from 2005 to 2006. This industry in Roanoke County has grow faster than the growth seen in the industry for Virginia, where the industry felt a gain of 2.3 percent. The Investigation and security services industry in Roanoke County outpaced the nation in terms of industry employment growth . During this period, the nation gained 2.1 percent of the industry employment.

Top 5 Industries
1. Investigation and security services (89.3 percent gain)
2. Machine shops and threaded product mfg. (85.3 percent gain)
3. Chemical merchant wholesalers (70.8 percent gain)
4. Employment services (61.7 percent gain)
5. Clothing stores (57.7 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.

Income and Poverty in Roanoke County, Virginia

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Compared to other counties (and parishes) throughout the nation, Roanoke County had a relatively high median income for households of $55,796 (Adjusted to 2005 Dollars). This is 2.1 percent higher than the median in Virginia of $54,612 and this is 11.9 percent higher than the median for the rest of the nation, which is a reported $49,133.

While the median household income saw a decline during the period of 2000 to 2005 in Roanoke County, Virginia, the Race/Ethnicity category that saw the sharpest decline in household income was the White Race/Ethnicity category. This category went through a decline of 7.5 percent from 2000 to 2005. The Black or African American population group was least impacted by the household income decline in Roanoke County, encountering a 48.2 percent increase in household income, since the reported levels in 2000.

The poverty rate in Roanoke County, Virginia has increased by 1.6 percent since the amounts published in 2000, moving from 4.5 percent to 6.1 percent.

Black or African American householders reported a median household income that was 8.1 percent less than the all population median published in the 2000 Census, with a median of $51,261. The American Indian and Alaska Native householders in Roanoke County reported a median household income of $44,141, this was 20.9 percent less than the median level for total households in the area. Hispanic in Roanoke County, Virginia recorded a median income of $49,418, this income level is 11.4 percent less than the median reported for all households in the area. The Asian headed households reported median household incomes of $60,145. This median income level is 7.8 percent greater than the reported median household income, in the area, for all households. In Roanoke County, Virginia White headed households reported a median household income (2005 Dollars) of $55,993 according to the Decennial Census of 2000, which was 0.4 percent greater than the median in the year 2000.

The areas median household income has declined from the inflation-adjusted 2000 income levels. The income level has decreased to $52,688, which represents a 5.6 percent decline. Roanoke County, Virginia, in terms of percent of decline, ranks 3 of 11 counties in percent of decline for median household income in the State of Virginia. Roanoke County ranks 432 of 668 counties (or parishes) when comparing the decline in median income in the US.

When compared to other counties (or parishes) across the United States, Roanoke County, Virginia may be understood as having a very low poverty rate amongst the population, with a poverty rate of 4.5 percent of the individuals existing in families with incomes under the poverty level in 1999. The Asian race/ethnicity population cohort, has the uppermost poverty rate with 7.9 percent of the 2000 population living in poverty. People that are of the age 5 years have the most percent of people living in poverty in Roanoke County, having 7.3 percent of this age cohort living in poverty.

Datasource: U.S. Bureau of the Census. 2000 Decennial Census. 2005 American Community Survey.

Higher Education in Roanoke County, Virginia

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From 2000, Roanoke has increased in the percent of the population that is over the age of 25 with a BA or Higher. This population cohort has grown by 3.8 percent to a total of 32 percent in 2005. The American Community Survey reports that the proportion of the 2005 population that is highly educated is less than the State of Virginia percent of 33.2 and greater than the average US percent of 27.2.

Roanoke County, Virginia is made up of a highly-educated 2000 population, with 28.2 percent of the population (+25) having received a BA or higher, as reported the 2000 Decennial Census. Roanoke 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 higher percent than the US proportion of 24.4 percent.

From 2000 to 2005, the percent of male population that is highly educated has increased by 1.8 percent. As reported in 2005, 32.8 percent of area's male population, over the age 25, achieved a Bachelors Degree or Higher. At the same time, the percent of women, over the age 25, holding at least a Bachelors Degree has increased by a total of 5.0 percent. By 2005, a total of 31.2 percent of the female population had achieved this level of education.

In Roanoke County, Virginia as reported in the Census of the year 2000, 28.2 percent of the White Alone, 22.8 percent of Black or African American, 51.4 percent of the Asian alone and 34.6 percent of the Hispanic or Latino population, over the age 25, has achieved at least a Bachelors Degree.

The 2000 Decennial Census reported that in Roanoke County, Virginia, the largest educational attainment category for men is the Bachelors Degree or Higher category, with 30.6 percent obtaining this level of education. The women in Roanoke have achieved a lower level of higher education (Bachelors or Higher) than the men in the area: 30.6 percent (Men) versus 26.2 percent (Women). The most common level of education for women in the area is Some College or Associates Degree category, with 30.4 percent of the female population achieving this education level.

Datasource: U.S. Bureau of the Census. 2000 Decennial Census. 2005 American Community Survey.

Demographic Profile for Roanoke County, Virginia

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Roanoke County, Virginia has a population that is made of 91 percent White, 4.7 percent African American, 2 percent Asian, and 1.6 percent Hispanic. This area can be considered to have a modest level of diversity, with 8.3 percent of the population being minorities. This is less than the State of Virginia percent of 30. Since 2000, Roanoke has increased the percent of minority makeup when 6.1 percent of the population was made up of minorities.

In terms of total land area, Roanoke encompasses a total area of 251 square miles. This area has a medium-high population density of 351 persons per square mile, in 2005. Other US counties with similar densities include: -- more densely populated -- Luzerne, PA (351 per sq. mile ), Scott, IA (352 per sq. mile ), Rutherford, TN (353 per sq. mile ), -- less densely populated -- Erie, PA (350 per sq. mile ), Lebanon, PA (347 per sq. mile ), Muskegon, MI (345 per sq. mile ).

Roanoke County, Virginia had a total estimated population of 88,172 in the year 2005. The population has increased, from the population in the year 2000 of 85,763. This growth represents an increase of 2.8 percent. Roanoke ranks 37 of 134 counties when analyzing total population change in Virginia and the county ranks 741 of 3,141 counties in terms of population growth in the United States.

The population division of the Census Bureau estimates in 2005 a median age in Roanoke County, Virginia to be 42.1 years old. The median age in Roanoke is greater than the median age in Virginia of 37.2. Since 2000, the area has experienced an increase in this median, when at that time it was 41.1 years of age. With 21.6 percent of the 2005 population being made up of children and youth younger than 18, Roanoke can be understood as having a medium-low proportion of youths. The working age population group (18-64) has a medium-high representation within the population, making up 62.9 percent of the population falling in this age category. The retirement (65 and over) group makes up 15.5 percent of the population. When compared to other counties in the United States, this represents a medium-high proportion of the population.

Since the year 2000, a medium-high amount of people have migrated to Roanoke internationally. The migration from outside the US into Roanoke makes up 0.4 percent of the total migration into the State of Virginia. This percent of immigration can be considered medium-high when analyzed against immigration per population in 2005.

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

Housing Report for Roanoke city, Virginia

2006-11-13T16:51:00.000-08:00

Roanoke city had a median home value in the year 2005 of $102,200, according to the American Community Survey. This value is less than the overall State of Virginia 2005 home median value of $212,300 and less than median home value of $167,500 across the United States during the same year.

In the State of Virginia, Roanoke city places 112 of 134 in terms of percentage growth in new housing structures. The county ranks 2,279 of 3,141, comparing the percentage change in residential in other US counties.

There is a large amount of affordable housing in Roanoke city, Virginia. In 2005, 63.4 percent of housing was valued under $125k.

The residential real estate values in Roanoke city, Virginia have seen large increases from the real estate values reported in 2000. The valuations have increased by $21,900, or 27.3 percent, since 2000 when they were valued at $80,300.

In Roanoke city, there were a total of 46,235 housing structures in 2005. The area has seen growth in housing units, adding a total of 718 residential units since 2001, or 1.6 percent.

Roanoke city can be understood as having a medium proportion of residential real estate that is high priced. In 2005, the American Community Survey accounted that 1.3 percent owner-occupied dwelling are valued over a half a million dollars.

Data Source: U.S. Census Bureau

Employment Report for -- Annual 2005 Industry Summ...

2006-10-31T04:51:00.000-08:00

Employment Report for -- Annual 2005 Industry Summary

In County, Management of companies and enterprises, Transportation and Warehousing and Health care and social assistance are the three industries with the highest location quotients. The Management of companies and enterprises industry has an LQ of 3.16. The level of employment in the Management of companies and enterprises sector is 3.16 times greater than the US average, showing signs that County may specialize, or be an exporter of Management of companies and enterprises.

Administrative and waste services is the industry that has grown the most in terms of employment from 2001-2005 in County, increasing by 9.8 percent. This is greater than the United States industry change in employment of 4.5 percent. The State of went through a industry job change of 1.7 percent, during the period.

In County, Retail Trade, Health care and social assistance, and the Accommodation and food services industries are the largest employment industries. The Retail Trade is the major employer in the county making up 15.9 percent of all jobs throughout the county, totaling 9,867 individuals. The Health care and social assistance and Accommodation and food services sectors provide 15.6 and 9.8 percent of the total jobs, respectively.

Utilities has a largest number of employee per establishment in County. In the County, the industry averages 74 jobs per establishment, which is greater than the industry's average at the national level of 34 and greater than the State of average establishment size of 36 for the Utilities industry.

Retail Trade saw the largest loss of employment between the years 2001-2005 in County. The sector faced a loss of 1,397 jobs, or 12.4 percent of industry's employment. The industry declines made up 32.2 percent of the total jobs loss in the County.

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