Columbia, MO

Columbia Metro Area industry wages have increased by 16.1% percent since 2001

2007-03-19T00:42:00.000-07:00

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Industry wages, from 2001 to 2006, have increased in the Columbia Metro Area by a total of 16.1%. This is greater than the growth in industry wages for the State of Missouri 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.

Columbia Metro Area Industry Wages Lag Behind Missouri, and Wages Lag Behind the United States Industry Wages

2007-02-27T21:44:00.001-08:00

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The overall industry wages in Columbia, MO when analyzed can be described as relatively low when compared to other Metro Areas throughout the US in the 2nd quarter of 2006. The industry wages are 21.4 percent lower than the state, which accounted an average of $36,168. 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.

Columbia Five-Year Industry Employment Change

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In the Columbia, MO metro area, the entire sum of jobs in all of the industries has increased by 5,147 total jobs from 2001 to 2006.

Total Five-Year Employment Decline in the Columbia Metro Area

Given the industries in the area, the Gasoline stations industry experienced most substantial job loss, losing 113 jobs in that time period. The declines in the Gasoline stations industry make up 16.3 percent of the total employment decline in Columbia, MO.

Top 5 Industries
1. Gasoline stations (113 jobs lost)
2. General freight trucking (107 jobs lost)
3. Employment services (80 jobs lost)
4. Wireless telecommunications carriers (62 jobs lost)
5. Radio and television broadcasting (59 jobs lost)

Total Five-Year Employment Growth in the Columbia Metro Area

Of the industries (4-digit NAICS) in the area, the Full-service restaurants industry has accounted the most employment growth with a total of 860 employees finding new jobs in the industry. The employment growth in the Full-service restaurants industry makes up 22.7 percent of the growth in Columbia.

Top 5 Industries
1. Full-service restaurants (860 new jobs)
2. Highway, street, and bridge construction (536 new jobs)
3. Limited-service eating places (443 new jobs)
4. Other general merchandise stores (239 new jobs)
5. Electronics and appliance stores (159 new jobs)

Given the 54 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 20 reported job growth in the duration of the last five years and 34 industry sectors accounting for employment declines during that time period.

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

The Medical equipment and supplies manufacturing industry has seen the largest percentage job growth, expanding by 388.6 percent from the 2nd quarter of 2001 to the 2nd quarter of 2006. This industry sector in Columbia has expanded faster than the industry job growth experienced in Missouri, where it saw a gain of 4.5 percent. The Medical equipment and supplies manufacturing industry in Columbia outpaced the United States, which experienced a lost 1.7 percent of the industry employment.

Top 5 Industries
1. Medical equipment and supplies manufacturing (388.6 percent gain)
2. Electric goods merchant wholesalers (285.9 percent gain)
3. Business, computer and management training (233.3 percent gain)
4. Other personal services (152.8 percent gain)
5. Highway, street, and bridge construction (114.2 percent gain)

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

The Independent artists, writers, and performers industry has seen the largest percentage drop in employment, losing 70.5 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 has seen in the Missouri, where the it saw a gain of 21.1 percent. The losses in the Independent artists, writers, and performers industry in Columbia outpaced the United States industry losses overall. During this period, the United States gained 26.9 percent in terms of employment in the Independent artists, writers, and performers industry.

Top 5 Industries
1. Independent artists, writers, and performers (70.5 percent decline)
2. Travel arrangement and reservation services (49.5 percent decline)
3. Wireless telecommunications carriers (47.4 percent decline)
4. Household goods repair and maintenance (39.7 percent decline)
5. Technical and trade schools (38.9 percent decline)

Employment for all industries has increased by 9.5 percent since the 2nd Quarter figures of 2001. This change is greater than growth in Missouri, which went through a gain of 1.3 percent since the 2nd Quarter of 2001. The gains in the area were greater than than the gain felt at the national level of 2.6 percent.

Columbia One-Year Industry Employment Change

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Total employment has increased by 2.5 percent from 2005 (2nd Quarter). These figures are greater than growth in Missouri, which experienced a gain of 1.6 percent from 2005 (2nd Quarter). The gains the area experienced were greater than than the gain reported at the US level of 2 percent.

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

The Other personal services industry has seen the largest percentage job growth, expanding by 163.6 percent from 2005 to 2006. This industry in Columbia has expanded faster than the growth seen in the industry for Missouri, where the industry felt a loss of 0.7 percent. The Other personal services industry in Columbia outpaced the nation in terms of industry employment growth . During this period, the nation gained 1 percent of the industry employment.

Top 5 Industries
1. Other personal services (163.6 percent gain)
2. Sporting goods and musical instrument stores (58.6 percent gain)
3. Business, computer and management training (50.0 percent gain)
4. Advertising and related services (30.1 percent gain)
5. Machinery and equipment rental and leasing (25.8 percent gain)

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

The Employment services industry has lost the largest percent of jobs, losing 45 percent from 2005 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry has seen in the Missouri, where the industry reported a gain of 4.6 percent. The losses in the Employment services industry in Columbia outpaced the United States in terms of percentage decline of industry employment. In this period, the United States gained 3.1 in percent of jobs in the Employment services industry.

Top 5 Industries
1. Employment services (45 percent decline)
2. Travel arrangement and reservation services (42.4 percent decline)
3. Activities related to credit intermediation (31.9 percent decline)
4. Promoters of performing arts and sports (30.8 percent decline)
5. Beer, wine, and liquor stores (29.9 percent decline)

Total One-Year Employment Decline in the Columbia Metro Area

Given the industries in the area, the Employment services industry experienced most substantial job loss, losing 795 jobs. The declines in the Employment services industry make up 64.2 percent of the total job loss in Columbia, MO.

Top 5 Industries
1. Employment services (795 jobs lost)
2. Department stores (70 jobs lost)
3. Activities related to credit intermediation (59 jobs lost)
4. Other general merchandise stores (49 jobs lost)
5. Highway, street, and bridge construction (43 jobs lost)

In the Columbia, MO metro area, the entire sum of jobs in all of the industries has increased by 1,438 total jobs between the 2nd Quarter of 2005 and 2nd Quarter of 2006.

Of the 65 industries with industry data reported by the BLS in each quarter, 24 showed an escalation in the number employed, while 41 industry sectors reported declines during the time period.

Total One-Year Employment Growth in the Columbia Metro Area

Out of the 4-digit NAICS industries, the Full-service restaurants industry has added the most employment with 210 new jobs created in the period. The job growth in the Full-service restaurants industry makes up 16.4 percent of the growth in Columbia.

Top 5 Industries
1. Full-service restaurants (210 new jobs)
2. Sporting goods and musical instrument stores (191 new jobs)
3. Gasoline stations (121 new jobs)
4. Other personal services (114 new jobs)
5. Child day care services (71 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.

Higher Education in the Columbia, MO Metro Area

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Since 2000, the Columbia metro area 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 4.6 percent to a total of 46.4 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 Missouri percent of 24 and greater than the US percent of 27.2.

In the Columbia, MO Metro Area according to the American Community Survey of 2005, 47.8 percent of the White Alone, 20.6 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.

Columbia, MO Metro Area has a very highly-educated population of the working age, with 46.4 percent of the over 25 years old population having a Bachelors Degree or Higher, according to the 2005 American Community Survey. The Columbia MSA counted a higher percent of population with high education level than the State of Missouri's proportion of 24 percent and a higher percent than the national average of 27.2 percent.

The American Community Survey reported that in the Columbia, MO Metro Area, a high proportion of the male population in the area have reached the Bachelors Degree or Higher category, with 45.6 percent receiving this level of education. The women in the Columbia metro area have on average achieved a greater level of higher education (Bachelors or Higher) than men; 45.6 percent (Men) versus 47 percent (Women). Many of the women in the area achieving a Bachelors Degree or Higher category, with 47 percent of the female population achieving this education level.

From 2000 to 2005, the percent of male population that is highly educated has increased by 1.6 percent. As reported in 2005, 45.6 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 7.0 percent. By 2005, a total of 47 percent of the female population having received at least a Bachelors Degree.

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

Demographic Profile for Columbia, MO

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The Columbia metro area had a population that was estimated at 153,283 in the year 2005. The population has increased sharply, since the 2000 total population of 145,937. This growth shows an increase of 5 percent. Columbia ranks 5 of 7 MSAs when analyzing total population change in Missouri and the metro area ranks 202 of 361 metro areas when analyzing total MSA population change across the nation.

In 2005, the Census Bureau estimated the median age in the Columbia metro area to be 32.7 years old. The median in Columbia is less than the median age for the State of Missouri of 37.4. From 2000, the area has seen an increase in the median age, when it was 29.5 years of age. With a total of 58.4 percent of the 2005 population being made up of children and youth younger than 18, Columbia can be understood 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 population, making up 64.2 percent of the population within the age category. People 65 years old and older make up 13.3 percent of the population. When compared to other metro areas in the United States, this represents a medium-low proportion of the area population base.

The Columbia metropolitan statistical area (MSA) has a population that is made up of 84.5 percent White, 8.3 percent African American, 2.9 percent Asian, and 2.1 percent Hispanic. The population mix can be considered to have a modest level of racial and ethnic diversity, with 13.3 percent of the population made up of minorities. This is less than the State of Missouri percent of 15.4. Since 2000, Columbia has increased the percent of minority population when 12.9 percent of the total population were minorities.

Since the year 2000, a high amount of people migrated into the Columbia metro area, with 2,385 people migrating in internationally. The international migration into Columbia makes up 5.6 percent of the total migration into the State of Missouri. This percent of international migration is high when analyzed against immigration per population in 2005.

When measuring the total land area, the Columbia metro area covers a total land area of 1151 square miles. This area has a medium-low average population density of 133 persons per square mile, in 2005. Similar metro areas, in terms of density, in the US include: -- more densely populated -- Cumberland (134 per sq. mile ), Bloomington-Normal (134 per sq. mile ), Bloomington (135 per sq. mile ), -- less densely populated -- Macon (133 per sq. mile ), Springfield (132 per sq. mile ), Joplin (131 per sq. mile ).

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

Housing Report for Columbia

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Columbia had a median home value in the year 2005 of $126,800, accounted by the American Community Survey. This value is greater than the overall Missouri 2005 median home value of $123,100 and less than median home value of $167,500 across the nation during that year.

When comparing areas across the State of Missouri, Columbia stands 1 of the 7 metro areas by percent in growth of new residential structures. The metropolitan area places 41 of 361, in terms of residential real estate percentage change compared to other United States metro areas.

In Columbia, the real estate market was made up of 69,747 housing structures in 2005. The metro area has seen a medium-high growth level in the number housing units, adding a total of 7,095 homes since 2001, or 11.3 percent.

Columbia can be understood as having a medium proportion of high-valued homes. For the year 2005, the American Community Survey accounted that 3.4 percent of owner-occupied dwellings were valued over a half a million dollars.

It can be understood that there is a fair amount of real estate that is affordable in Columbia, Missouri. In 2005, 49.1 percent of residential real estate was valued under $125,000.

The residential housing values in Columbia, Missouri have experienced moderate increases since their reported values in 2000. The values have increased by $19,400, or 18.1 percent, from 2000 when they had reported median values of $107,400.

Data Source: U.S. Census Bureau

Employment Report for Columbia, Missouri -- Annual 2005 Industry Summary

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An industry with high wages in Columbia is the management of companies and enterprises sector paying an annual wage of $44,563. From the year 2001, the annual average wages in the industry have grown by 12.4 percent or $4,915. The State of Missouri holds a similar job market in the management of companies and enterprises industry, falling near the top of sectors by 2004 industry pay.

In Columbia, Management of companies and enterprises, Retail Trade and Construction are the three industries with the highest location quotients. The Management of companies and enterprises sector has a United State LQ of 2.49. The level of employment in the Management of companies and enterprises sector is 2.49 times more than the average percent in the United States, revealing signs that Columbia may be an exporter of products or services of Management of companies and enterprises.

The Accommodation and food services has seen the largest decrease in industry presence in the Columbia Metropolitan Area since 2001, going from making up 12.6 percent of total employment for the year 2001 to 0 percent of total employment in the year 2005.

In Columbia, Retail Trade, Manufacturing, and the Construction sectors, in terms of total employment, are the largest. Retail Trade provides the most jobs and contributes 17.7 percent of all the jobs in the Metropolitain Area. This makes up 10,190 individuals. The Manufacturing and Construction sectors account for 9 and 7.6 percent of the total jobs, respectively.

Construction in the period of 2001 to 2005 had the largest increase in employment in Columbia, with an industry growth of 23 percent. This is greater than the United States industry change in employment of 7.3 percent. The State of Missouri had changed in sector employment of 2.2 percent, in the last 5 years.

Management of companies and enterprises has the largest employers in Columbia Metropolitan Area (MSA), averaging 61 jobs per place of business. This is greater than the industry's national average of 40 and greater than the State of Missouri average establishment size of 44 for the Management of companies and enterprises industry.

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