Charlottesville, VA

Charlottesville Metro Area industry wages have increased by 20.5% percent since 2001

2007-03-19T00:39:00.000-07:00

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Since 2001, industry wages increased in the Charlottesville Metro Area by a total of 20.5%. This is greater than the growth in industry wages for Virginia and greater than the growth in average industry wages for the United States.

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.

Charlottesville Metro Area Industry Wages Lag Behind Virginia, and Wages Lag Behind the United States Industry Wages

2007-02-27T21:41:00.001-08:00

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Total wages in all industries in Charlottesville, VA can be described as medium-high when analyzed with other Metro Areas in the United States. The overall wages are 19.8 percent lower than the state, which accounted an average of $42,126. The average industry wage was less than the national industry average 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.

Charlottesville Five-Year Industry Employment Change

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

The Jewelry, luggage, and leather goods stores industry has lost the largest amount of employment in terms of percentage, losing 4.1 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 felt a loss of 2 percent. The losses in the Jewelry, luggage, and leather goods stores industry in Charlottesville moved at the same pa the US in terms of percent of decline of industry employment. The US lost 4.1 in percent of jobs in the Jewelry, luggage, and leather goods stores industry.

Top 3 Industries
1. Jewelry, luggage, and leather goods stores (4.1 percent decline)
2. Personal care services (2.2 percent decline)
3. Civic and social organizations (1.3 percent decline)

Employment for all industries has increased by 7.3 percent from the reported values in 2001. These values are greater than growth in the State of Virginia, which experienced a gain of 5.2 percent since the 2nd Quarter of 2001. The gains felt were greater than than the gain experienced overall in the US of 2.6 percent.

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

The General rental centers industry has experienced the largest percentage growth, expanding by 83.9 percent from 2001 to 2006. This industry in Charlottesville has grow faster than the industry job growth experienced in Virginia, where the industry felt a loss of 10.5 percent. The General rental centers industry in Charlottesville outpaced the nation in terms of industry employment growth . During this period, the nation lost 14.8 percent of the industry employment.

Top 5 Industries
1. General rental centers (83.9 percent gain)
2. Building foundation and exterior contractors (32.1 percent gain)
3. Other specialty trade contractors (28.9 percent gain)
4. Residential building construction (27.8 percent gain)
5. Office supplies, stationery, and gift stores (23.4 percent gain)

Given the 12 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 4 reported job growth in the duration of the last five years and 8 industry sectors accounting for employment declines during that time period.

In the Charlottesville, VA metro area, the entire sum of jobs in all of the industries has increased by 4,561 jobs between mid-2001 and mid-2006.

Total Five-Year Employment Decline in the Charlottesville Metro Area

From of the area's 4-digit NAICS industries, the Personal care services industry witnessed the largest drop in employment, losing a total of 9 jobs in that time period. The declines in the Personal care services industry make up 36.1 percent of the total job loss in Charlottesville, VA.

Top 5 Industries
1. Personal care services (9 jobs lost)
2. Gasoline stations (6 jobs lost)
3. Jewelry, luggage, and leather goods stores (5 jobs lost)
4. Civic and social organizations (5 jobs lost)
5. Direct selling establishments (139 jobs lost)

Total Five-Year Employment Growth in the Charlottesville Metro Area

From the industries (4-digit NAICS) in the area, the Full-service restaurants industry has grown the most with 545 jobs added during the time period. These new jobs in the Full-service restaurants industry makes up 36.0 percent of the growth in Charlottesville.

Top 4 Industries
1. Full-service restaurants (545 new jobs)
2. Residential building construction (356 new jobs)
3. Other specialty trade contractors (165 new jobs)
4. Building foundation and exterior contractors (161 new jobs)

Charlottesville 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 percent in Virginia, which went through a gain of 1.9 percent from 2005 (2nd Quarter). The gains the area experienced were greater than than the gain experienced overall in the US of 2 percent.

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

The Agents and managers for public figures industry has witnessed the largest percentage of employment expansion, increasing by 57.4 percent from 2005 (2nd quarter) to 2006 (2nd quarter). This industry sector in Charlottesville has increased employment faster than the overall industry growth seen in the State of Virginia, where the industry took a gain of 2.2 percent. The Agents and managers for public figures industry in Charlottesville outpaced the US in terms of percent growth of industry employment. During this period, the US gained 13.5 percent in this industry.

Top 5 Industries
1. Agents and managers for public figures (57.4 percent gain)
2. Paper and paper product merchant wholesalers (55.2 percent gain)
3. Nonmetallic mineral mining and quarrying (39.7 percent gain)
4. Employment services (39.5 percent gain)
5. Architectural and engineering services (32.7 percent gain)

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

The Cattle ranching and farming industry has lost the largest amount of employment in terms of percentage, losing 23.2 percent from 2005 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry sector has gone through in the Virginia, where the industry sector experienced a loss of 3.1 percent. The losses in the Cattle ranching and farming industry in Charlottesville outpaced the United States in terms of percentage decline of industry employment. In this period, the United States gained 2.4 percent in terms of employment in the Cattle ranching and farming industry.

Top 5 Industries
1. Cattle ranching and farming (23.2 percent decline)
2. Florists (17.3 percent decline)
3. Petroleum merchant wholesalers (16.1 percent decline)
4. Consumer goods rental (15.1 percent decline)
5. Greenhouse and nursery production (13.4 percent decline)

Total One-Year Employment Decline in the Charlottesville Metro Area

Given the industries in the area, the Consumer goods rental industry faced the greatest employment loss with a total loss of 48 jobs in that time period. The declines in the Consumer goods rental industry make up 17.1 percent of the jobs lost during the period in Charlottesville, VA.

Top 5 Industries
1. Consumer goods rental (48 jobs lost)
2. Insurance agencies, brokerages, and related (24 jobs lost)
3. Child day care services (22 jobs lost)
4. Civic and social organizations (20 jobs lost)
5. Cattle ranching and farming (19 jobs lost)

In the Charlottesville, VA metro area, the aggregate employment for all industry sectors has increased by 3,392 total jobs from 2005 to 2006.

Of the 79 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 26 accounted an for increase in employment during the period and 53 industries reported employment loss in the period.

Total One-Year Employment Growth in the Charlottesville Metro Area

The Employment services industry has brought the most jobs with a total of 307 jobs added during the time period. These new jobs in the Employment services industry makes up 15.4 percent of the growth in Charlottesville.

Top 5 Industries
1. Employment services (307 new jobs)
2. Architectural and engineering services (205 new jobs)
3. Building equipment contractors (188 new jobs)
4. Traveler accommodation (161 new jobs)
5. Scientific research and development services (92 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 Charlottesville, VA

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As the median income level saw a decline from 2000 to 2005 in the Charlottesville, VA metro area, the Race/Ethnicity category that felt the biggest decline in median household income was the Asian category. This group felt a decline of 45.9 percent from 2000 to 2005. The Asian Race/Ethnicity category has been least effected by the income level decline in Charlottesville, seeing a 45.9 percent decline in median household income from 2000 to 2005.

Contrasted against to other Metropolitan Areas throughout the US, the Charlottesville metro area can be recognized as having a medium-low rate of poverty among the people, accounting a rate of 11.5 percent with a family income under the 1999 poverty level. The Asian race/ethnicity population category, holds the highest rate of poverty with 23.8 percent of the people in 2000 living in poverty. The population that is aged 18 to 64 years have the most percent of people living in poverty in Charlottesville, with 13.2 percent of the population in this age category living in poverty.

The median household income in the area has declined from the 2000 values (inflation adjusted). The median income has decreased to $47,543, which represents a 8.4 percent decline. The Charlottesville, VA MSA, when comparing total percent of decline, ranks 2 of 5 metro area in percent of decline for median household income in the State of &statename. Charlottesville ranks 110 of 233 metro area when analyzing the decline in household income across the nation.

The American Indian and Alaska Native headed households in Charlottesville reported a median household income of $41,880, this median was 19.3 percent less than the median for all households. Black or African American headed households had median income levels that were 33.1 percent less than the total 2000 reported median, with a their median reported to be $34,709. It was reported in 2000 that the Asian headed households had median household incomes of $41,058. This median is 20.9 percent less than the reported median household income for all households in the area. In Charlottesville, VA White householders had a median income (2005 Dollars) of $55,345 as reported in 2000 by the census, which was 6.6 percent greater than the median in the year 2000. Hispanic households in Charlottesville, VA , according to the 2000 census, had a median household income of $41,416, this median household income is 20.2 percent less than the areas median income level for all households.

When compared to other Metro Areas throughout the United States, the Charlottesville metro area reported a relatively high median income for all households of $51,897 (Adjusted to 2005 Dollars). This is 5.2 percent lower than the median in &statename of $54,612 and the income level is 5.3 percent higher than the median household income in the United States of $49,133.

The rate of poverty in the Charlottesville, VA Metro has increased by 2.0 percent from the levels reported in the Decennial Census of 2000, moving from 11.5 percent to 13.5 percent.

Higher Education in the Charlottesville, VA Metro Area

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Charlottesville, VA Metro Area may to understood as having a very highly-educated 2005 population, with 39.2 percent of the over 25 years old population having a Bachelors Degree or Higher, according to the 2005 American Community Survey. The Charlottesville MSA counted a higher percent of population with high education level than the State of Virginia's proportion of 33.2 percent and a higher percent than the average across the nation of 27.2 percent.

Since 2000, the Charlottesville 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 0.8 percent to a total of 39.2 percent in 2005, according to the American Community Survey. The 2005 proportion of highly educated population is greater than the State of Virginia percent of 33.2 and greater than the US percent of 27.2.

The American Community Survey reported that in the Charlottesville, VA Metro Area, many men in the area have reached the Bachelors Degree or Higher category, with 40.8 percent achieving this level. The female population in the Charlottesville metro area on average have achieved a lower level of higher education (Bachelors or Higher) than men; 40.8 percent (Men) versus 37.8 percent (Women). A high proportion of the female population in the area has reached the Bachelors Degree or Higher category, with 37.8 percent of the areas female population attaining this level of education.

From 2000 to 2005, the percent of male population that is highly educated has decreased by 1.2 percent. By 2005, 40.8 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 0.2 percent. By the year 2005, a total of 37.8 percent of the female population having received at least a Bachelors Degree.

In the Charlottesville, VA Metro Area according to the American Community Survey of 2005, 43 percent of the White Alone, 12.6 percent of Black or African American, . percent of the Asian alone and . percent of the Hispanic or Latino population, over the age 25, has achieved at least a Bachelors Degree.

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

Demographic Profile for Charlottesville, VA

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From 2000, a high amount of people have migrated to Charlottesville, with 2,183 people migrating in from another country. The international migration into Charlottesville accounts for 1.6 percent of the total international migration into the State of Virginia. This percent of immigration can be considered high when analyzed against immigration per population in 2005.

The population division of the Census Bureau estimates in 2005 a median age in Charlottesville, VA to be 38.0 years old. The median in Charlottesville is greater than the median age in the State of Virginia of 37.2. Since the year 2000, the area has witnessed an increase in the median age, when it was 34.3 years of age. With 14.9 percent of the 2005 population being comprised of individuals under the age of 18, Charlottesville can be described as being made up of a medium-high proportion of youths. The 18 to 64 years old population group has a medium-high presence of the 2005 population base, with 64.1 percent of the population within the age group. People 65 and older make up 11.7 percent of the total population base. Compared to other metro areas throughout the nation, this represents a medium-low proportion of the area population base.

Charlottesville, VA has a population that is made up of 82 percent White, 10.9 percent African American, 2.9 percent Asian, and 3 percent Hispanic. The area population base can be described as having a high level of racial and ethnic diversity, with 16.8 percent minorities. This is less than the State of Virginia percent of 30. Since 2000, Charlottesville has increased the percent of minority makeup when 15.8 percent of the total population were minorities.

Charlottesville, VA had a total estimated population of 147,987 in the year 2005. The population has increased sharply, since its 2000 population of 134,701. This growth signifies an increase of 9.9 percent. Charlottesville ranks 3 of 9 MSAs when calculating total change in population for Virginia and the metro area ranks 150 of 361 metro areas when calculating the total change in MSA population across the US.

By measuring total land area, Charlottesville spans a total area of 1639 square miles. This area has a medium-low average area density of 90 persons per square mile, in 2005. Other US metro areas with similar densities include: -- more densely populated -- College Station-Bryan (90 per sq. mile ), Danville (92 per sq. mile ), Bakersfield (93 per sq. mile ), -- less densely populated -- Texarkana (89 per sq. mile ), Bellingham (87 per sq. mile ), Winchester (86 per sq. mile ).

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

Housing Report for Charlottesville

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In Charlottesville, the U.S. Census Bureau, Population Division accounted for a total of 83,430 homes in 2005. The metro area has experienced a medium-high growth level in the number housing units, adding in all 8,007 housing units since the year 2001, or 10.6 percent.

The residential home values in Charlottesville, Virginia have seen large increases since the Census values accounted for in the year 2000. The values have increased by $89,300, or 65.6 percent, since 2000 when their medians were valued at $136,200.

Throughout the State of Virginia, Charlottesville is positioned 1 of the 9 metro areas by percentage growth in residential real estate. The metro area is positioned 57 of 361, in terms of residential real estate percentage change compared to other United States metro areas.

Charlottesville had an owner-occupied dwelling median in 2005 of $225,500, reported by the American Community Survey. This is greater than the Virginia 2005 median home value of $212,300 and greater than median owner-occupied dwelling value of $167,500 across the United States during the same year.

It can be understood that there is a limited amount of housing that is affordable in Charlottesville, Virginia. In 2005, only 17.6 percent of the homes were valued under $125,000.

Charlottesville can be understood as having a relatively high percentage of homes that are high in price. For 2005, the American Community Survey counted that 11.8 percent of owner-occupied dwellings were valued over a half a million dollars.

Data Source: U.S. Census Bureau

Employment Report for Charlottesville, Virginia -- Annual 2005 Industry Summary

2006-11-04T22:28:00.000-08:00

Manufacturing has a largest number of employees per establishment in Charlottesville MSA, with the industry averaging 25 workers per each place of employment, being less than the industry's average in the United States of 39 and less than the State of Virginia average of 48 for the Manufacturing industry.

The Accommodation and food services industry decreased the most in percent of total employment in the Charlottesville Metropolitan Area since 2001, going from making up 13.1 percent of employment in 2001 to 0 percent in 2005.

In Charlottesville, Retail Trade, Health care and social assistance, and the Construction sectors, in terms of total employment, are the largest. Retail Trade provides the most jobs and contributes 16.9 percent of total employment in the Metro Area, making up 10,800 individuals. The Health care and social assistance and Construction industries make up 12.2 and 9.9 percent of all employment.

The Charlottesville is the Metropolitain Area that is ranked 211 of 363 throughout the US by total number of jobs in 2005. This position has slipped behind from the year 2001, at which time the Metropolitan Area was ranked 208 of 363 Counties.

Construction saw the biggest increase in jobs since the year 2001 in Charlottesville, with an industry growth of 10.3 percent. This is greater than the change in industry employment in the United States of 7.3 percent. The State of Virginia saw a change in employment in the sector of 12.3 percent, during the period of 2001 to 2005.

In Charlottesville, Construction, Other services, except public administration and Professional and technical services industries, in terms of United States location quotient, are the most dominant in the region. The Construction sector in the county has a location quotient of 1.51. The level of employment in the Construction industry is 1.51 times greater than the national average, signifying that Charlottesville may be an exporter of products or services of Construction.

A top paying industry in Charlottesville is the finance and insurance industry with an average annual wage of $59,334. Locally, since the year 2001, the industry annual average pay has grown by 24.6 percent or $11,722. The State of Virginia reflects a similar economic condition in the finance and insurance industry, falling near the top of sectors according to average 2004 industry pay.

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