Amarillo, TX

Amarillo Metro Area industry wages have increased by 18.4% percent since 2001

2007-03-19T00:25:00.001-07:00

(Click Image to Enlarge Graph)

From the second quarter of 2001 to the second quarter of 2006, industry wages have increased in the Amarillo Metro Area by a total of 18.4%. This is greater than the growth in industry wages for the State of Texas and greater than the growth in industry wages across 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.

Amarillo Metro Area Industry Wages Lag Behind Texas, and Wages Lag Behind the United States Industry Wages

2007-02-27T21:27:00.000-08:00

(Click Image to Enlarge Graph)

The average total wages in all industries in Amarillo, TX when analyzed can be understood as being medium-low when analyzed with other 2nd quarter of 2006 Metro Area wages throughout the US. The average pay is 22.1 percent lower than the state, which was reported to be $41,186. 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.

Amarillo Five-Year Industry Employment Change

2007-02-11T12:56:00.001-08:00

In the Amarillo, TX metro area, the entire sum of jobs in all of the industries has increased by 6,024 total jobs between the 2nd Quarter of 2001 and 2nd Quarter of 2006.

Total Five-Year Employment Decline in the Amarillo Metro Area

From of the area's 4-digit NAICS industries, the Specialty food stores industry has lost the most employment with a total loss of 81 jobs during the time period. The jobs lost in the Specialty food stores industry make up 21.7 percent of the total job loss in Amarillo, TX.

Top 5 Industries
1. Specialty food stores (81 jobs lost)
2. Commercial equip. merchant wholesalers (78 jobs lost)
3. Home health care services (67 jobs lost)
4. Printing and related support activities (48 jobs lost)
5. Automotive equipment rental and leasing (27 jobs lost)

Total Five-Year Employment Growth in the Amarillo Metro Area

Out of the 4-digit NAICS industries, the Household and institutional furniture mfg. industry has brought the most jobs with a total of 105 jobs added during the time period. These new jobs in the Household and institutional furniture mfg. industry makes up 31.7 percent of the total growth in Amarillo.

Top 5 Industries
1. Household and institutional furniture mfg. (105 new jobs)
2. Activities related to credit intermediation (58 new jobs)
3. Personal care services (48 new jobs)
4. Home furnishings stores (37 new jobs)
5. Used merchandise stores (32 new jobs)

Of the 21 4-digit NAICS industries, 11 accounted an for increase in employment during the period and 10 industry sectors reported declines during the time period.

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

The Commercial equip. merchant wholesalers industry has seen the largest percentage drop in employment, losing 28.9 percent from 2001 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry has seen in the Texas, where the it saw a loss of 1.9 percent. The losses in the Commercial equip. merchant wholesalers industry in Amarillo outpaced the United States in terms of percentage decline of industry employment. In this period, the United States lost 7.2 in percent of workers in the Commercial equip. merchant wholesalers industry.

Top 5 Industries
1. Commercial equip. merchant wholesalers (28.9 percent decline)
2. Specialty food stores (28.1 percent decline)
3. Motor vehicle body and trailer manufacturing (20.6 percent decline)
4. Automotive equipment rental and leasing (19 percent decline)
5. Printing and related support activities (14.4 percent decline)

The total number of jobs has increased by 7.3 percent since the 2nd Quarter figures of 2001. This change is greater than growth in Texas, experiencing a gain of 4.8 percent from 2001 (2nd Quarter). The gains in the area were greater than than the gain seen for the United States of 2.6 percent.

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

The Activities related to credit intermediation industry has seen the largest percentage job growth, expanding by 114.5 percent from the 2001 (Q2) to the 2006 (Q2). This industry in Amarillo has increased employment faster than the overall industry growth seen in the State of Texas, where the industry took a gain of 65 percent. The Activities related to credit intermediation industry in Amarillo outpaced the US in terms of percent growth of industry employment. During this period, the US gained 49.5 percent.

Top 5 Industries
1. Activities related to credit intermediation (114.5 percent gain)
2. Household and institutional furniture mfg. (100.0 percent gain)
3. Used merchandise stores (40.5 percent gain)
4. Home furnishings stores (20.3 percent gain)
5. Personal care services (18.6 percent gain)

Amarillo One-Year Industry Employment Change

2007-01-24T08:08:00.000-08:00

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

The Unclassified industry has experienced the largest percentage growth, expanding by 45.1 percent from the 2005 (Q2) to the 2006 (Q2). This industry in Amarillo has expanded faster than the industry has grown in the State of Texas, where the industry felt a gain of 28.8 percent. The Unclassified industry in Amarillo outpaced the national average, which felt a gained 12.1 percent of the employment in this industry.

Top 5 Industries
1. Unclassified (45.1 percent gain)
2. Support activities for mining (40.1 percent gain)
3. Activities related to credit intermediation (37.6 percent gain)
4. Warehousing and storage (35.4 percent gain)
5. Other schools and instruction (34.2 percent gain)

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

The Spectator sports industry has lost the biggest percent of jobs, losing 50.3 percent from 2005 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry has seen in the Texas, where the industry felt a loss of 0.2 percent. The losses in the Spectator sports industry in Amarillo outpaced the losses of nation as a whole in the industry. In this time period, the nation gained 2.2 percent in terms of employment in the Spectator sports industry.

Top 5 Industries
1. Spectator sports (50.3 percent decline)
2. General rental centers (43.6 percent decline)
3. Management and technical consulting services (25.2 percent decline)
4. Highway, street, and bridge construction (17.3 percent decline)
5. Activities related to real estate (16.9 percent decline)

The total number of jobs has increased by 1.9 percent from the reported values in 2005. These values are less than percent in Texas, experiencing a gain of 4 percent from 2005 (2nd Quarter). The gains in the area were less than than the gain experienced overall in the US of 2 percent.

Total One-Year Employment Decline in the Amarillo Metro Area

The Automotive repair and maintenance industry witnessed the largest drop in employment, losing a total of 190 jobs in that time period. The declines in the Automotive repair and maintenance industry make up 18.8 percent of the total employment decline in Amarillo, TX.

Top 5 Industries
1. Automotive repair and maintenance (190 jobs lost)
2. Management and technical consulting services (146 jobs lost)
3. Child day care services (112 jobs lost)
4. Book, periodical, and music stores (90 jobs lost)
5. Highway, street, and bridge construction (89 jobs lost)

Total One-Year Employment Growth in the Amarillo Metro Area

The Animal slaughtering and processing industry has brought the most jobs with a total of 889 employees finding new jobs in the industry. The employment growth in the Animal slaughtering and processing industry makes up 30.8 percent of the total number of new jobs in Amarillo.

Top 5 Industries
1. Animal slaughtering and processing (889 new jobs)
2. Support activities for mining (273 new jobs)
3. Full-service restaurants (270 new jobs)
4. Limited-service eating places (264 new jobs)
5. Accounting and bookkeeping services (161 new jobs)

In the Amarillo, TX metro area, the total number of jobs throughout all industries has increased by 1,635 jobs from mid-2005 to mid-2006.

Out of the 77 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 33 reported job growth in the duration of the year and 44 industry sectors accounting for employment declines during that time period.

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 Amarillo, TX

2007-01-11T13:41:00.000-08:00

The median household income has declined from the 2000 values (inflation adjusted). The median income has decreased to $36,603, which amounts to a 12.3 percent decline. The Amarillo, TX MSA, in terms of percentage of decline, ranks 6 of 22 metro area in percent of decline for household income in Texas. Amarillo ranks 49 of 233 metro area when comparing total percent of decline in median income level for the United States.

While the median household income saw a decline in the last five year in the Amarillo, TX metro area, the Race/Ethnicity category that saw the sharpest decline in median income was the Hispanic Race/Ethnicity category. This category went through a decline of 35.8 percent from 2000 to 2005. The American Indian and Alaska Native Race/Ethnicity category has been least effected by the income level decline in Amarillo, undergoing a 21.1 percent increase in household income level, since the year 2005.

Contrasted against to other Metropolitan Areas throughout the US, the Amarillo metro area can be considered to have a medium-high rate of poverty among its population, accounting a rate of 13.8 percent of the population with family incomes below the 1999 poverty level. The Black or African American race/ethnicity demographic group, represents the largest rate of poverty with 34.2 percent of the population in 2000 living in poverty. Individuals aged 5 years are witness to the most percent living in poverty in Amarillo, with 22.3 percent of this age group in the area living in poverty.

The poverty rate in the Amarillo, TX Metro has increased by 0.6 percent from the levels reported in the Decennial Census of 2000, moving from 13.8 percent to 14.4 percent.

Compared to other MSAs throughout the nation, the Amarillo metro area accounted a medium-low median household income of $41,744 (2005 Dollars). This median is 11.9 percent lower than the median income in State of Texas of $46,715 and the median is 17.7 percent lower than the median in the US, which is $49,133.

According to the 2000 Census, the Asian headed households in the area have median household incomes of $46,573. This household income level is 11.6 percent greater than the reported median for all households in the area. The American Indian and Alaska Native households in Amarillo reported an income level of $31,444, this was 24.7 percent less than the areas median level for all households. Black or African American householders reported a median household income that was 39 percent less than the overall reported level in 2000, with a reported median of $25,474. Hispanic households in Amarillo, TX , according to the 2000 census, had a median household income of $32,644, this median is 21.8 percent less than the reported median household income for all households in the area. In Amarillo, TX White headed households reported household income (in 2005 Dollars) of $43,707 according to the Decennial Census of 2000, which was 4.7 percent greater than the median in 2000.

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

Higher Education in the Amarillo, TX Metro Area

2006-12-19T17:35:00.000-08:00

From the years 2000 to 2005, the proportion of the male population that could be considered highly educated has increased by 0.8 percent. By the year 2005, 22.8 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 2.8 percent. By the year 2005, a total of 22.4 percent of the female population had achieved this level of education.

Reported by the 2005 American Community Survey in the Amarillo, TX Metro Area, the most common level of education achieved in the area for the male population is the Some College or Associates Degree category, with 34.8 percent receiving this level of education. The women in the Amarillo metro area have achieved a lower level of higher education (Bachelors or Higher) than men -- 22.8 percent (Men) versus 22.4 percent (Women). Many of the women in the area achieving a Some College or Associates Degree category, with 32.8 percent of women in the area reaching this education level.

Amarillo, TX Metro Area is made up of a moderately-educated 2005 population, with 22.6 percent of the population over 25 years old having received at least a Bachelors Degree, according to the American Community Survey of 2005. The Amarillo MSA has a lower percent of population with high education level than the State of Texas's proportion of 25.2 percent and a lower percent than the average across the nation of 27.2 percent.

Since 2000, the Amarillo metro area has increased in the population percent with a Bachelors of Higher. This population percent has grown by 1.6 percent to a total of 22.6 percent in 2005, as reported by the American Community Survey. The proportion of the 2005 population having received at least a BA is less than the State of Texas percent of 25.2 and less than the average US percent of 27.2.

In the Amarillo, TX Metro Area as reported in the American Community Survey of the year 2005, 24.4 percent of the White Alone, 16.8 percent of Black or African American, 34.4 percent of the Asian alone and 8.6 percent of the Hispanic or Latino population (over 25) has obtained a Bachelors Degree or Higher.

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

Demographic Profile for Amarillo, TX

2006-12-02T20:32:00.000-08:00

Estimated since the year 2000, a high amount of people have migrated into the Amarillo metro area, with 2,864 people migrating in internationally. The migration from outside the US into Amarillo accounts for 0.4 percent of all immigration into Texas. This percent of international migration is high when comparing levels of immigration per population in 2005.

By measuring total land area, the Amarillo metro area covers a total land area of 3660 total square miles. The area has a medium-low population density of 65 persons per square mile. Other metro areas with similar densities in the US include: -- more densely populated -- Mount Vernon-Anacortes (65 per sq. mile ), Fargo (66 per sq. mile ), Madera (67 per sq. mile ), -- less densely populated -- Jefferson City (64 per sq. mile ), Danville (64 per sq. mile ), Pueblo (63 per sq. mile ).

The Amarillo metro area had a population of 238,664 in 2005. The estimated population has increased sharply, from the population in the year 2000 of 227,083. This growth signifies an increase of 5.1 percent. Amarillo ranks 11 of 25 MSAs in terms of population growth in Texas and the metro area ranks 161 of 361 metro areas in terms of population growth in the United States.

The Amarillo metropolitan statistical area (MSA) has a population that is comprised of 68.4 percent White, 5.7 percent African American, 1.8 percent Asian, and 22.4 percent Hispanic. This area can be considered to have a high level of diversity, with 29.9 percent minorities. This is less than the State of Texas percent of 49.5. Since 2000, Amarillo has increased in diversity when 26.5 percent of the population was made up of minorities.

The U.S. Census Bureau, in the year 2005, estimated the median age in the Amarillo metro area to be 34.1 years of age. The median in Amarillo is greater than the median in Texas of 33.2. Since the year 2000, the area has seen an increase in the median, when the median age was 33.4 years of age. With a total of 15.3 percent of the population in 2005 being comprised of children and youth younger than 18, Amarillo can be described as having a medium-high proportion of youths. The 18 to 64 years old population group has a medium-low presence of the 2005 population base, with 61.6 percent of the population within the age category. People 65 years old and older make up 13.4 percent of the population. When compared to other metro areas in the United States, this represents a medium-low percent of the population base.

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

Housing Report for Amarillo

2006-11-11T21:54:00.000-08:00

In Amarillo, the census reported 96,125 homes in the year 2005. This MSA has gone through a medium level of growth in the number housing units, adding in all 3,618 housing units since the year 2001, or 3.9 percent.

The residential real estate values in Amarillo, Texas have experienced moderate increases from the housing values in 2000. The residential values have increased by $14,700, or 18.8 percent, from their 2000 median values of $78,000.

In the State of Texas, Amarillo places 15 of the 25 metro areas by percent in growth of new residential structures. The metropolitan area places 243 of 361, in terms of residential real estate percentage change compared to other United States metro areas.

There is a large amount of affordable housing in Amarillo, Texas. In 2005, 69.7 percent of owner-occupied dwellings were valued under $125k.

Amarillo recorded median owner-occupied home value in the year 2005 of $92,700, published by the American Community Survey. This median is less than the Texas 2005 median home value of $106,000 and less than home value of $167,500 for the rest of the nation in that year.

Amarillo has a small, but present percentage of high-priced residential real estate. For the year 2005, the American Community Survey reports that 0.4 percent of owner-occupied dwellings were valued over a half a million dollars.

Data Source: U.S. Census Bureau

Employment Report for Amarillo, Texas -- Annual 2005 Industry Summary

2006-11-04T21:30:00.000-08:00

In Amarillo, Retail Trade, Manufacturing, and the Wholesale trade sectors are the largest industries, in terms of total number of jobs in 2005. The Retail Trade is the major employer in the Metropolitan Area making up 16.1 percent of all the jobs in the Metropolitain Area. This makes up 13,783 people employed. The Manufacturing and Wholesale trade industries total 14 and 6.4 percent of total employment, respectively.

In Amarillo, Utilities, Wholesale trade and Retail Trade are the three industries with the highest location quotients. The Utilities industry has a US LQ in the region of 1.41. The level of employment in the Utilities sector is 1.41 times the percent of the national average, This signifies that Amarillo may be an exporter of products or services of Utilities.

Manufacturing is the industry with the largest establishments in Amarillo Metropolitan Area (MSA), averaging 49 jobs per establishment, which is greater than the industry's average at the national level of 39 and greater than the Texas establishments size average of 38 for the Manufacturing industry.

Management of companies and enterprises has seen the highest growth in employment from the years 2001-2005 in Amarillo, with a job growth of 840.2 percent. This is greater than the national sector change of 1.6 percent. The State of Texas underwent a employment change in the industry of 70.2 percent, in the course of time since 2001.

An industry with high wages in Amarillo is the management of companies and enterprises sector paying an annual wage of $42,571. Locally, since the year 2001, the annual average wages in the industry have declined by 55.9 percent or $53,968. The State of Texas holds a similar job market in the management of companies and enterprises sector, placing near the top of sectors by 2004 industry pay.

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