Winchester, VA-WV

Winchester Metro Area industry wages have increased by 15.8% percent since 2001

2007-03-19T02:18:00.000-07:00

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Industry wages, from 2001 to 2006, have increased in the Winchester Metro Area by a total of 15.8%. This is less than the growth in industry wages for the State of Virginia and less 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.

Winchester Five-Year Industry Employment Change

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Total Five-Year Employment Decline in the Winchester Metro Area

From of the area's 4-digit NAICS industries, the Grocery and Related Product Wholesalers industry faced the greatest employment loss with a total loss of 89 jobs during the time period. The jobs lost in the Grocery and Related Product Wholesalers industry make up 75.8 percent of the total employment decline in Winchester, VA-WV.

Top 5 Industries
1. Grocery and Related Product Wholesalers (89 jobs lost)
2. Civic and social organizations (29 jobs lost)
3. Lawn and garden equipment and supplies stores (107 jobs lost)
4. Private households (54 jobs lost)
5. General freight trucking (51 jobs lost)

Given the 20 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 2 showed an escalation in the number employed, while 18 industry sectors reported declines during the time period.

In the Winchester, VA-WV metro area, the total number of jobs throughout all industries has increased by 4,872 total jobs from 2001 to 2006.

Total Five-Year Employment Growth in the Winchester Metro Area

From the industries (4-digit NAICS) in the area, the Architectural and engineering services industry has accounted the most employment growth with a total of 471 total jobs brought in during the period. The growth in the Architectural and engineering services industry makes up 23.8 percent of the total number of new jobs in Winchester.

Top 2 Industries
1. Architectural and engineering services (471 new jobs)
2. Services to buildings and dwellings (269 new jobs)

The Winchester Metro Area: Five-Year Percentage Growth in Employment

The Architectural and engineering services industry has experienced the largest percentage growth, expanding by 103.7 percent from the 2nd quarter of 2001 to the 2nd quarter of 2006. This industry sector in Winchester has increased employment faster than the overall industry growth seen in the State of Virginia, where this industry saw a gain of 22.8 percent. The Architectural and engineering services industry in Winchester outpaced the US in terms of percent growth of industry employment. During this period, the US gained 7.9 percent of the industry employment.

Top 5 Industries
1. Architectural and engineering services (103.7 percent gain)
2. Services to buildings and dwellings (56.9 percent gain)
3. Offices of other health practitioners (54.8 percent gain)
4. Accounting and bookkeeping services (43.3 percent gain)
5. Computer systems design and related services (37.7 percent gain)

Total industry employment has increased by 11 percent from the reported values in 2001. These values are greater than percent in the State of Virginia, experiencing a gain of 5.2 percent from the 2nd Quarter of 2001. The gains felt were greater than than the gain reported at the US level of 2.6 percent.

The Winchester Metro Area: Five-Year Percentage Decline in Employment

The Grocery and Related Product Wholesalers industry has lost the biggest percent of jobs, losing 22.8 percent of the jobs from 2001 to 2006. These have declined faster than the industry sector has felt in the State of Virginia, where the industry sector experienced a loss of 5.7 percent. The losses in the Grocery and Related Product Wholesalers industry in Winchester outpaced the US in terms of percent of decline of industry employment. The US gained 4.2 percent in terms of employment in the Grocery and Related Product Wholesalers industry.

Top 2 Industries
1. Grocery and Related Product Wholesalers (22.8 percent decline)
2. Civic and social organizations (19.4 percent decline)

Winchester One-Year Industry Employment Change

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Employment for all industries has increased by 5.3 percent from 2005 (2nd Quarter). These figures are greater than growth in Virginia, which saw a gain of 1.9 percent since the 2nd Quarter of 2005. The gains were greater than than the gain reported at the US level of 2 percent.

The Winchester Metro Area: One-Year Percentage Growth in Employment

The Land subdivision industry has witnessed the largest percentage of employment expansion, increasing by 85.1 percent from 2005 (2nd quarter) to 2006 (2nd quarter). This industry sector in Winchester has added employment faster than the growth seen in the industry for Virginia, where the industry felt a gain of 5.8 percent. The Land subdivision industry in Winchester outpaced the US in terms of percent growth of industry employment. During this period, the US gained 7.6 percent of the industry employment.

Top 5 Industries
1. Land subdivision (85.1 percent gain)
2. Sporting goods and musical instrument stores (44.0 percent gain)
3. Individual and family services (43.0 percent gain)
4. Furniture and furnishing merchant wholesalers (33.3 percent gain)
5. Shoe stores (24.6 percent gain)

The Winchester Metro Area: One-Year Percentage Decline in Employment

The Lumber and const. supply merchant wholesalers industry has lost the largest amount of employment in terms of percentage, losing 22.5 percent of the jobs from 2005 to 2006. These have declined faster than the industry has seen in the Virginia, where the industry sector experienced a gain of 3.3 percent. The losses in the Lumber and const. supply merchant wholesalers industry in Winchester outpaced the US in terms of percent of decline of industry employment. The US gained 5.2 in percent of jobs in the Lumber and const. supply merchant wholesalers industry.

Top 5 Industries
1. Lumber and const. supply merchant wholesalers (22.5 percent decline)
2. Logging (21.1 percent decline)
3. Machinery and equipment rental and leasing (20.7 percent decline)
4. Electronics and appliance stores (14 percent decline)
5. Misc. nondurable goods merchant wholesalers (11.5 percent decline)

Total One-Year Employment Decline in the Winchester Metro Area

From of the area's 4-digit NAICS industries, the Warehousing and storage industry has lost the most employment with a total loss of 58 jobs. The declines in the Warehousing and storage industry make up 22.4 percent of the employment lost during the period in Winchester, VA-WV.

Top 5 Industries
1. Warehousing and storage (58 jobs lost)
2. Electronics and appliance stores (36 jobs lost)
3. Lumber and const. supply merchant wholesalers (30 jobs lost)
4. Legal services (23 jobs lost)
5. Grocery and Related Product Wholesalers (18 jobs lost)

From the 55 industries with industry data reported by the BLS in each quarter, 21 showed an escalation in the number employed, while 34 industries reported employment loss in the period.

In the Winchester, VA-WV metro area, the entire sum of jobs in all of the industries has increased by 2,461 jobs from mid-2005 to mid-2006.

Total One-Year Employment Growth in the Winchester Metro Area

The Individual and family services industry has added the most employment with 99 employees finding new jobs in the industry. The employment growth in the Individual and family services industry makes up 14.0 percent of the growth in Winchester.

Top 5 Industries
1. Individual and family services (99 new jobs)
2. Services to buildings and dwellings (93 new jobs)
3. Architectural and engineering services (91 new jobs)
4. Gasoline stations (54 new jobs)
5. Sporting goods and musical instrument stores (45 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.

Income and Poverty in Winchester, VA-WV

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As the median income level saw a growth from 2000 to 2005 in the Winchester, VA-WV metro area, the Race/Ethnicity group that experienced the largest growth in median household income was the Race/Ethnicity category. This group experienced an of . percent in the last five years. The Race/Ethnicity group has been least impacted by the median income growth in Winchester, experiencing a . percent in median income, since the values reporting the 2000 Decennial Census.

When compared to other Metro Areas across the United States, the Winchester metro area can be recognized as having a medium-high poverty rate amongst the population, with a poverty rate of 12.9 percent of the individuals existing in families with incomes under the poverty level in 1999. The Black or African American race/ethnicity population category, holds the highest rate of poverty with 27.1 percent of the people in 2000 living in poverty. The population that is aged Under 5 years have the most percent of people living in poverty in Winchester, reporting 19.4 percent of this age group in the area living in poverty.

Hispanic headed households in Winchester, VA-WV , as reported in 2000, had a median household income of $39,261, this median is 13.1 percent less than reported value of the areas total household median income for all households. Black or African American householders reported household income levels that were 34.7 percent less than the overall reported level in 2000, with a reported median of $29,524. In Winchester, VA-WV White householders had a median household income (in 2005 Dollars) of $48,284 according to the 2000 Dencennial Census, which was 6.8 percent greater than the median income in 2000. It was reported in 2000 that the Asian headed households had median household incomes of $50,352. This household income level is 11.4 percent greater than the reported median household income for all households in the area. The American Indian and Alaska Native headed households in Winchester had a median income of $40,887, this level was 9.5 percent less than the areas median level for all households.

The median household income in the area has increased from the 2000 values (inflation adjusted). The median income has increased to $49,736, which represents a 10 percent growth. The Winchester, VA-WV MSA, when comparing total percent of growth, ranks 9 of 10 metro area in percent of growth for the household income level in the State of Virginia. Winchester ranks 94 of 233 metro area in terms of the growth in median income level for the United States.

Compared to Metro Areas across the United States, the Winchester metro area had a medium-high household income of $45,199 (2005 Dollars). This median is 20.8 percent lower than the median in Virginia of $54,612 and the income level is 8.7 percent lower than the median in the US, which is $49,133.

The rate of poverty in the Winchester, VA-WV Metro has declined by 2.7 percent from the rates reported in the Decennial Census, moving from 12.9 percent to 10.2 percent.

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

Higher Education in the Winchester, VA-WV Metro Area

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Winchester, VA-WV Metro Area is made up of a moderately-educated population of the working age, with 20.6 percent of the over 25 years old population having a Bachelors Degree or Higher, according to the 2005 American Community Survey. The Winchester MSA is reported having a lower percent of population with high education level than the State of Virginia's proportion of 33.2 percent and a lower percent than the average across the nation of 27.2 percent.

From the year 2000, the Winchester metro area has decreased in the total percent of the over 25 population having a Bachelors Degree or Higher. This population group has declined by 5.4 percent to a total of 20.6 percent in 2005, according to the American Community Survey. The 2005 proportion of highly educated population is less than the State of Virginia percent of 33.2 and less than the United States percent of 27.2.

From 2000 to 2005, the percent of the male population that can be considered highly educated has decreased by 8.2 percent. In the year 2005, 19.8 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 decreased by a total of 3.0 percent. By the year 2005, a total of 21.4 percent of the female population having received at least a Bachelors Degree.

The American Community Survey reported that in the Winchester, VA-WV Metro Area, a high proportion of the male population in the area have reached the High School Diploma category, with 37.2 percent receiving this level of education. The women in the Winchester metro area have achieved a greater level of higher education (Bachelors or Higher) than men -- 19.8 percent (Men) versus 21.4 percent (Women). The most common level of education for women in the area is High School Diploma category, with 36 percent of the areas female population attaining this level of education.

In the Winchester, VA-WV Metro Area as reported in the American Community Survey of the year 2005, 21.2 percent of the White Alone, . percent of Black or African American, . percent of the Asian alone and . percent of the Hispanic or Latino population (over 25) has obtained a Bachelors Degree or Higher.

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

Demographic Profile for Winchester, VA-WV

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By measuring total land area, the Winchester metro area encompasses a total area of 1056 total square miles. The area has a medium-low average population density of 86 persons per square mile. Other metro areas with similar densities in the US include: -- more densely populated -- Bellingham (87 per sq. mile ), Texarkana (89 per sq. mile ), College Station-Bryan (90 per sq. mile ), -- less densely populated -- Albuquerque (86 per sq. mile ), Longview (85 per sq. mile ), Houma-Bayou Cane-Thibodaux (85 per sq. mile ).

The Winchester metropolitan statistical area (MSA) has a population that is made of 92 percent White, 2.9 percent African American, 0.8 percent Asian, and 3.4 percent Hispanic. The area population base can be described as having a modest level of diversity, with 7.1 percent of the population being minorities. This is less than the State of Virginia percent of 30. Since 2000, Winchester has increased the percent of minority population when 4.1 percent of the population were minorities.

The Winchester metro area had a population of 91,148 in the year 2005. The population has increased sharply, from the population in the year 2000 of 79,913. This growth represents an increase of 14.1 percent. Winchester ranks 4 of 9 MSAs when calculating total change in population for Virginia and the metro area ranks 164 of 361 metro areas when calculating the total change in MSA population across the US.

From 2000, a medium-low amount of people have migrated into the Winchester metro area, with 269 people migrating in internationally. The migration from outside the US into Winchester makes up 0.2 percent of immigration into the State of Virginia. This amount of international migration is medium-low when analyzed against immigration per population in 2005.

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

Housing Report for Winchester

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Winchester recorded a median home value in 2005 of $207,100, published by the American Community Survey. This median is less than the State of Virginia 2005 median home value of $212,300 and greater than median owner-occupied dwelling value of $167,500 across the nation during that year.

In the State of Virginia, Winchester places 2 of the 9 metro areas by percent in growth of new residential structures. The metropolitan area places 66 of 361, comparing the percentage change in residential real estate in other US MSAs.

In Winchester, the census reported 50,459 homes in 2005. The metro area has experienced a medium-high growth level in the number housing units, adding a total of 4,460 housing units since the year 2001, or 9.7 percent.

Winchester has a relatively high proportion of residential real estate that is high priced. During the year 2005, the American Community Survey reported that 5.4 percent of the areas residential property was valued over $500k.

It can be understood that there is a fair amount of housing that is affordable in Winchester, Virginia. In 2005, 26.3 percent of owner-occupied dwellings were valued under $125k.

Data Source: U.S. Census Bureau

Employment Report for Winchester, VA, Virginia -- Annual 2005 Industry Summary

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In Winchester, VA, Manufacturing, Retail Trade, and the Health care and social assistance industries are the largest employment industries. The Manufacturing produces the largest number of jobs in the area accounting for 20.5 percent of the total MSA employment. This totals 9,621 people employed. The Retail Trade and Health care and social assistance sectors provide 16.9 and 14.3 percent of all employment.

Manufacturing has a largest number of employees per establishment in Winchester, VA Metropolitan Area (MSA), averaging 66 jobs per establishment, which is greater than the US industry average of 39 and greater than the State of Virginia establishments size average of 48 for the Manufacturing industry.

A high-wage industry in Winchester, VA is the finance and insurance industry with an average annual wage of $44,285. Throughout the MSA since the year 2001, the industry annual average pay has grown by 19.4 percent or $7,184. The State of Virginia holds a similar economic condition in the finance and insurance industry, falling near the top of industries in term of the average annual pay of 2004.

Educational services has grown in employment, since the year 2001, more than any other industry in Winchester, VA, with an employment growth of 76.6 percent. This is greater than the rate of industry employment change in the United States of 13.8 percent. The State of Virginia went through a industry job change of 21 percent, in the recent period of 2001-2005.

In Winchester, VA, Manufacturing, Educational services and Retail Trade have the highest US LQ in 2005. The Manufacturing sector in the county has a location quotient of 1.6. The percent of employment in the Manufacturing sector is 1.6 times the percent of the national average, This signifies that Winchester, VA may be an exporter of products or services of Manufacturing.

Manufacturing between the years 2001 and 2005, saw the greatest loss in employment in the Winchester, VA MSA. The sector faced a loss of 1,549 employees during the period, or 13.9 percent of jobs in the industry. The losses in this industry made up 99.7 percent of the total loss in employment during the period.

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