Cedar Rapids, IA

Cedar Rapids Metro Area industry wages have increased by 12.8% percent since 2001

2007-03-19T00:38:00.001-07:00

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Since 2001, industry wages increased in the Cedar Rapids Metro Area by a total of 12.8%. This is less than the growth in wages for the State of Iowa 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.

Cedar Rapids Metro Area Industry Wages Exceed Iowa, but Wages Lag Behind the United States Industry Wages

2007-02-27T21:40:00.001-08:00

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Total wages in all industries in Cedar Rapids, IA when analyzed can be understood as being relatively high when analyzed with other Metro Areas in the United States. The overall wages are 14.6 percent higher than the with an state average of $32,587. 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.

Cedar Rapids Five-Year Industry Employment Change

2007-02-11T13:10:00.001-08:00

The total number of jobs has decreased by 0.4 percent since the 2nd Quarter figures of 2001. This change is greater than percent in the State of Iowa, which experienced a gain of 2.5 percent from 2001 (2nd Quarter). The losses the area experienced were greater than than the gain experienced overall in the US of 2.6 percent.

The Cedar Rapids Metro Area: Five-Year Percentage Decline in Employment

The Industrial machinery manufacturing industry has lost the biggest percent of jobs, losing 70 percent of the jobs from the 2nd quarter of 2001 to 2nd quarter of 2006. The losses of the area have declined faster than the industry sector has gone through in the Iowa, where the industry sector experienced a gain of 6.7 percent. The losses in the Industrial machinery manufacturing industry in Cedar Rapids outpaced the US in terms of percent of decline of industry employment. The US lost 19.7 percent in terms of employees in the Industrial machinery manufacturing industry.

Top 5 Industries
1. Industrial machinery manufacturing (70 percent decline)
2. Software publishers (34 percent decline)
3. Other miscellaneous manufacturing (32.2 percent decline)
4. Employment services (22.7 percent decline)
5. Misc. nondurable goods merchant wholesalers (21.2 percent decline)

The Cedar Rapids Metro Area: Five-Year Percentage Growth in Employment

The Taxi and limousine service industry has seen the largest percentage job growth, expanding by 325.5 percent from the 2001 (Q2) to the 2006 (Q2). This industry in Cedar Rapids has increased employment faster than the industry job growth experienced in Iowa, where the industry felt a gain of 26.5 percent. The Taxi and limousine service industry in Cedar Rapids outpaced the national average, which felt a lost 3.6 percent in this industry.

Top 5 Industries
1. Taxi and limousine service (325.5 percent gain)
2. Educational support services (214.3 percent gain)
3. Offices of other health practitioners (51.6 percent gain)
4. Social advocacy organizations (35.4 percent gain)
5. Accounting and bookkeeping services (27.0 percent gain)

Of the 34 industries with industry data reported by the BLS in each quarter, 14 showed an escalation in the number employed, while 20 industries reported employment loss in the period.

Total Five-Year Employment Growth in the Cedar Rapids Metro Area

The Full-service restaurants industry has grown the most with 570 jobs added during the time period. These new jobs in the Full-service restaurants industry makes up 25.8 percent of the total number of new jobs in Cedar Rapids.

Top 5 Industries
1. Full-service restaurants (570 new jobs)
2. Limited-service eating places (529 new jobs)
3. Offices of other health practitioners (228 new jobs)
4. Social advocacy organizations (143 new jobs)
5. Building foundation and exterior contractors (117 new jobs)

In the Cedar Rapids, IA metro area, the entire sum of jobs in all of the industries has decreased by 441 total jobs from 2001 to 2006.

Total Five-Year Employment Decline in the Cedar Rapids Metro Area

Given the industries in the area, the Employment services industry witnessed the largest drop in employment, losing a total of 504 jobs in that time period. The declines in the Employment services industry make up 22.9 percent of the total job loss in Cedar Rapids, IA.

Top 5 Industries
1. Employment services (504 jobs lost)
2. Industrial machinery manufacturing (358 jobs lost)
3. Other miscellaneous manufacturing (207 jobs lost)
4. Gasoline stations (206 jobs lost)
5. Building equipment contractors (189 jobs lost)

Cedar Rapids One-Year Industry Employment Change

2007-01-24T08:54:00.000-08:00

The Cedar Rapids Metro Area: One-Year Percentage Decline in Employment

The Performing arts companies industry has lost the largest amount of employment in terms of percentage, losing 56.3 percent of the jobs from 2005 to 2006. These have declined faster than the industry has experienced in the State of Iowa, where the it saw a gain of 4.3 percent. The losses in the Performing arts companies industry in Cedar Rapids outpaced the US in terms of percent of decline of industry employment. The US lost 0.8 in percent of jobs in the Performing arts companies industry.

Top 5 Industries
1. Performing arts companies (56.3 percent decline)
2. Independent artists, writers, and performers (53.6 percent decline)
3. Utility system construction (45.7 percent decline)
4. Wired telecommunications carriers (39.1 percent decline)
5. Household goods repair and maintenance (27.9 percent decline)

Total industry employment has increased by 2 percent from 2005 (2nd Quarter). These figures are greater than percent in Iowa, which went through a gain of 1.8 percent from 2005 (2nd Quarter). The gains in the area were less than than the gain reported at the US level of 2 percent.

The Cedar Rapids Metro Area: One-Year Percentage Growth in Employment

The Educational support services industry has experienced the largest percentage growth, expanding by 214.3 percent from the 2nd quarter of 2005 to the 2nd quarter of 2006. This industry sector in Cedar Rapids has grow faster than the industry has grown in the State of Iowa, where the industry felt a gain of 1.6 percent. The Educational support services industry in Cedar Rapids outpaced the nation in terms of industry employment growth . During this period, the nation gained 11.1 percent.

Top 5 Industries
1. Educational support services (214.3 percent gain)
2. Taxi and limousine service (79.7 percent gain)
3. Hog and pig farming (55.8 percent gain)
4. Freight transportation arrangement (53.8 percent gain)
5. Other food manufacturing (47.2 percent gain)

Total One-Year Employment Growth in the Cedar Rapids Metro Area

From the industries (4-digit NAICS) in the area, the Insurance carriers industry has accounted the most employment growth with a total of 415 employees finding new jobs in the industry. The employment growth in the Insurance carriers industry makes up 14.8 percent of the total employment growth in Cedar Rapids.

Top 5 Industries
1. Insurance carriers (415 new jobs)
2. Limited-service eating places (366 new jobs)
3. Grocery stores (279 new jobs)
4. Business support services (263 new jobs)
5. Newspaper, book, and directory publishers (209 new jobs)

Total One-Year Employment Decline in the Cedar Rapids Metro Area

Given the industries in the area, the Wired telecommunications carriers industry experienced most substantial job loss, losing 411 jobs during the period. The employment lost in the Wired telecommunications carriers industry make up 26.0 percent of the jobs lost during the period in Cedar Rapids, IA.

Top 5 Industries
1. Wired telecommunications carriers (411 jobs lost)
2. Utility system construction (151 jobs lost)
3. Electronic markets and agents and brokers (131 jobs lost)
4. Full-service restaurants (131 jobs lost)
5. Performing arts companies (99 jobs lost)

Of the 101 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 41 accounted an for increase in employment during the period and 59 industry sectors reported declines during the time period.

In the Cedar Rapids, IA metro area, the aggregate employment for all industry sectors has increased by 2,272 total jobs between the 2nd Quarter of 2005 and 2nd Quarter of 2006.

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 Cedar Rapids, IA

2007-01-11T14:25:00.000-08:00

Black or African American householders reported household income levels that were 37.1 percent less than the overall median reported in 2000, with a reported median of $34,027. Hispanic households in Cedar Rapids, IA reported a median household income of $48,716, this median household income is 9.9 percent less than the areas median income level for all households. The Asian householders in the area have reported their median household incomes at $70,380. This median is 30.2 percent greater than the reported median household income for all households in the area. In Cedar Rapids, IA White householders had a median income (2005 Dollars) of $54,314 according to the Decennial Census of 2000, which was 0.5 percent greater than the median in 2000. The households that were headed by an American Indian and Alaska Native individual in Cedar Rapids had a median household income level of $28,984, this median was 46.4 percent less than the median level for total households in the area.

The poverty rate in the Cedar Rapids, IA Metro has increased by 5.3 percent since the amount published in 2000, moving from 6.5 percent to 11.8 percent.

As the median household income witnessed a decline from 2000 to 2005 in the Cedar Rapids, IA metro area, the Race/Ethnicity category that saw the sharpest decline in median income was the American Indian and Alaska Native Race/Ethnicity category. This category went through a decline of 1959322.1 percent from 2000 to 2005. The Asian Race/Ethnicity group has been least impacted by the median income decline in Cedar Rapids, undergoing a 89.1 percent increase in household income level, since the year 2005.

The median household income in the area has declined from the inflation-adjusted values in 2000. The income level has decreased to $48,268, which represents a 10.7 percent decline. The Cedar Rapids, IA MSA, in terms of percent of decline, ranks 1 of 7 metro area in percent of decline for household income in Iowa. Cedar Rapids ranks 72 of 233 metro area in terms of the decline in household income across the nation.

When compared to other Metro Areas across the United States, the Cedar Rapids metro area can be recognized as having a very low poverty rate amongst the population, with a poverty rate of 6.5 percent of people living in a family with an income below the poverty level in 1999. The Black or African American race/ethnicity population cohort, has the uppermost poverty rate with 26.3 percent of the 2000 residents living in poverty. People aged Under 5 years are witness to the most percent living in poverty in Cedar Rapids, with 9.8 percent of this age group in the area living in poverty.

Compared to Metro Areas across the United States, the Cedar Rapids metro area reported a relatively high household income of $54,061 (Adjusted to 2005 Dollars). This is 14.6 percent higher than the median in State of Iowa of $46,179 and the median is 9.1 percent higher than the median for the rest of the nation, which is a reported $49,133.

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

Higher Education in the Cedar Rapids, IA Metro Area

2006-12-19T18:23:00.000-08:00

In the Cedar Rapids, IA Metro Area according the 2005 American Community Survey, 23.8 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.

Since the year 2000, the Cedar Rapids 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 3.6 percent to a total of 24.2 percent in 2005. The American Community Survey reports that the proportion of the 2005 population that is highly educated is greater than the State of Iowa percent of 23.8 and less than the United States percent of 27.2.

From the years 2000 to 2005, the proportion of the male population that could be considered highly educated has decreased by 4.8 percent. In the year 2005, 25.2 percent of area's male population (+25) achieved a BA or Higher. During the same period, the percent of women (+25) that have earned a BA or higher has decreased by a total of 1.8 percent. By 2005, a total of 23.4 percent of the total female population achieved this high level of education.

According to the 2005 American Community Survey in the Cedar Rapids, IA Metro Area, a high proportion of the male population in the area have reached the High School Diploma category, with 35.6 percent receiving this level of education. The women in the Cedar Rapids metro area have achieved a lower level of higher education (Bachelors Degree or Higher) than the male population-- 25.2 percent (Men) versus 23.4 percent (Women). The largest educational attainment category for women is High School Diploma category, with 35.2 percent of the female population achieving this education level.

Cedar Rapids, IA Metro Area has a moderately-educated population of the working age, with 24.2 percent of the population (+25) having received at least a Bachelors Degree, as reported in the 2005 American Community Survey. The Cedar Rapids MSA counted a higher percent of highly educated individuals than the State of Iowa's proportion of 23.8 percent and a lower percent than United States proportion of 27.2 percent.

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

Demographic Profile for Cedar Rapids, IA

2006-12-02T21:29:00.000-08:00

The Cedar Rapids metropolitan statistical area (MSA) has a population that is made of 93.2 percent White, 2.5 percent African American, 1.3 percent Asian, and 1.4 percent Hispanic. The population mix can be considered to have a modest level of diversity in terms of race and ethnicity, with 5.2 percent of the population made up of minorities. This is less than the State of Iowa percent of 7.3. Since 2000, Cedar Rapids has increased the percent of minority makeup when 4.7 percent of the people were minorities.

Since the year 2000, a medium-high number of individuals have migrated into the Cedar Rapids metro area, with 1,582 people migrating in internationally. The migration from outside the US into Cedar Rapids accounts for 5.4 percent of immigration into the State of Iowa. This level of international migration can be considered medium-high when compared to international migration per 2005 population.

By measuring total land area, the Cedar Rapids metro area spans a total area of 2009 total square miles. The area has a medium-low density of 123 persons per square mile. Similar metro areas in the US, in terms of density, include: -- more densely populated -- Owensboro (123 per sq. mile ), Salinas (124 per sq. mile ), Elizabethtown (124 per sq. mile ), -- less densely populated -- Charleston (121 per sq. mile ), Parkersburg-Marietta (119 per sq. mile ), Iowa City (117 per sq. mile ).

The Cedar Rapids metro area had an estimated population of 246,412 in 2005. The total population has increased, from the population in the year 2000 of 237,804. This growth shows an increase of 3.6 percent. Cedar Rapids ranks 2 of 8 MSAs in terms of population growth in Iowa and the metro area ranks 188 of 361 metro areas in terms of population growth in the United States.

The U.S. Census Bureau, in the year 2005, estimated the median age in the Cedar Rapids metro area to be 37.5 years old. The median age in Cedar Rapids is less than the median age in the State of Iowa of 38.6. Since 2000, the area has experienced an increase in the median age, when it was 35.2 years of age. With 13.5 percent of the population in 2005 being comprised of children and youth younger than 18, Cedar Rapids can be described as being made up of a medium-low proportion of youths. The working age population group (18-64) has a medium-high representation within the estimated 2005 area population, making up 64.5 percent of the population within the age group. People 65 and older make up 14.9 percent of the total population base. Compared to other metro areas throughout the nation, this represents a medium-low percent of the population base.

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

Housing Report for Cedar Rapids

2006-11-11T17:36:00.000-08:00

In Cedar Rapids, the real estate market was made up of 108,871 housing units in the year 2005. This represents a medium-high growth level in the number housing units, adding a sum of 7,782 residential structures since 2001, a change of 7.7 percent.

The owner-occupied dwellings in Cedar Rapids, Iowa have experienced moderate increases from the real estate values reported in 2000. The valuations have increased by $20,400, or 20.5 percent, since 2000 when their medians were valued at $99,400.

Cedar Rapids recorded a median home value in 2005 of $119,800, reported by the American Community Survey. This value is greater than the overall Iowa 2005 home median value of $106,600 and less than median home value of $167,500 for the rest of the nation in that year.

Looking across the State of Iowa, Cedar Rapids places 4 of the 8 metro areas by percent in growth of new residential structures. The metropolitan area places 109 of 361, comparing the percentage change in residential real estate in other US MSAs.

There is a large amount affordable residential real estate in Cedar Rapids, Iowa. In 2005, 54.8 percent of owner-occupied dwellings were valued under $125k.

Cedar Rapids is made up of a medium percentage of high-priced residential real estate. For the year 2005, the American Community Survey counted that 1.4 percent of the houses were valued over a half a million dollars.

Data Source: U.S. Census Bureau

Employment Report for Cedar Rapids, Iowa -- Annual 2005 Industry Summary

2006-11-04T22:22:00.000-08:00

Manufacturing is the industry with the largest establishments in Cedar Rapids Metro Area. The industry averages 62 jobs per establishment, which is greater than the US industry average of 39 and greater than the State of Iowa average of 54 for the Manufacturing industry.

Arts, entertainment, and recreation from 2001-2005 had the highest increase in employment in Cedar Rapids, with an employment growth of 20.8 percent. This is greater than the industry job change at the national level of 4.7 percent. The State of Iowa went through a industry job change of -2.5 percent, in the recent period of 2001-2005.

The Cedar Rapids Metropolitan Area ranks 146 of 363 throughout the US in terms of total 2005 employment. The regions employment ranking has slipped behind during the time of 2001 and 2005. The Metropolitan Area, in the year 2001, was ranked 140 of 363 Counties.

Manufacturing saw the largest loss of employment between the years 2001-2005 in the Cedar Rapids MSA. The sector faced a loss of 1,876 jobs during the period, or 8.5 percent of jobs in the industry. The losses in this industry made up 39.4 percent of all employment losses in the Metro Area.

In Cedar Rapids, Manufacturing, Retail Trade, and the Health care and social assistance industries are the largest employment industries. The Manufacturing is the largest employment industry and makes up 17.7 percent of all jobs throughout the region, totaling 20,271 people employed. The Retail Trade and Health care and social assistance sectors account for 13.8 and 11.7 percent of all employment.

A top paying industry in Cedar Rapids is the manufacturing industry with an average annual wage of $59,230. Throughout the MSA since the year 2001, the annual average wages in the industry have grown by 18 percent or $9,035. The State of Iowa has a similar employment climate in the manufacturing industry, ranking near the top of industries in terms of 2004 annual average wages.

In Cedar Rapids, Utilities, Information and Transportation and Warehousing have the highest US LQ in 2005. The Utilities sector in the county has a location quotient of 2.81. In other words, the percent of total jobs in the Utilities sector is 2.81 times greater than the US average, showing signs that Cedar Rapids produces more than its local requirement of products and/or services of Utilities.

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