Hanford-Corcoran, CA

Hanford-Corcoran Metro Area industry wages have increased by 13.1% percent since 2001

2007-03-19T01:01:00.001-07:00

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From the second quarter of 2001 to the second quarter of 2006, industry wages have increased in the Hanford-Corcoran Metro Area by a total of 13.1%. This is less than the growth in average industry wages for California and less than the growth in industry wages for the nation as a whole.

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.

Hanford-Corcoran Metro Area Industry Wages Lag Behind California, and Wages Lag Behind the United States Industry Wages

2007-02-27T22:03:00.001-08:00

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Wages in all industries in Hanford-Corcoran, CA can be understood as being relatively low when analyzed with other 2nd quarter of 2006 Metro Area wages throughout the US. The average pay is 42.3 percent lower than the state, which accounted an average of $45,358. The industry pay was less than the overall average in the United States 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.

Hanford-Corcoran Five-Year Industry Employment Change

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Given the 70 industries with industry data reported by the BLS in each quarter, 28 described an expansion of jobs throughout the time period, while 41 industries reported a drop in employment.

Total Five-Year Employment Decline in the Hanford-Corcoran Metro Area

Given the industries in the area, the Other crop farming industry has lost the most employment with a total loss of 519 jobs during the period. The employment lost in the Other crop farming industry make up 40.9 percent of the total job loss in Hanford-Corcoran, CA.

Top 5 Industries
1. Other crop farming (519 jobs lost)
2. Gasoline stations (221 jobs lost)
3. Warehousing and storage (91 jobs lost)
4. Nonresidential building construction (68 jobs lost)
5. Traveler accommodation (62 jobs lost)

Total Five-Year Employment Growth in the Hanford-Corcoran Metro Area

From the industries (4-digit NAICS) in the area, the Cattle ranching and farming industry has grown the most with 523 employees finding new jobs in the industry. The employment growth in the Cattle ranching and farming industry makes up 17.1 percent of the growth in Hanford-Corcoran.

Top 5 Industries
1. Cattle ranching and farming (523 new jobs)
2. Department stores (391 new jobs)
3. Limited-service eating places (229 new jobs)
4. Full-service restaurants (215 new jobs)
5. Grocery stores (147 new jobs)

In the Hanford-Corcoran, CA metro area, the total number of workers for all sectors has increased by 5,150 total jobs from 2001 to 2006.

The Hanford-Corcoran Metro Area: Five-Year Percentage Decline in Employment

The Warehousing and storage industry has lost the largest amount of employment in terms of percentage, losing 72.8 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 felt in the State of California, where the it saw a gain of 7.5 percent. The losses in the Warehousing and storage industry in Hanford-Corcoran outpaced the US in terms of percent of decline of industry employment. The US gained 22.1 percent in terms of employment in the Warehousing and storage industry.

Top 5 Industries
1. Warehousing and storage (72.8 percent decline)
2. Gasoline stations (59.1 percent decline)
3. Professional and similar organizations (50 percent decline)
4. Nonresidential building construction (42.9 percent decline)
5. Traveler accommodation (37.8 percent decline)

The Hanford-Corcoran Metro Area: Five-Year Percentage Growth in Employment

The Management and technical consulting services industry has gone through the largest job growth by percent, increasing by 339.6 percent from the 2nd quarter of 2001 to the 2nd quarter of 2006. This industry sector in Hanford-Corcoran has added employment faster than the industry has grown in the State of California, where it saw a gain of 55.6 percent. The Management and technical consulting services industry in Hanford-Corcoran outpaced the United States, which experienced a gained 22.1 percent.

Top 5 Industries
1. Management and technical consulting services (339.6 percent gain)
2. General freight trucking (209.2 percent gain)
3. Computer systems design and related services (128.4 percent gain)
4. Residential building construction (110.4 percent gain)
5. Activities related to real estate (109.2 percent gain)

Total employment has increased by 20.6 percent since the 2nd Quarter figures of 2001. This change is greater than percent in California, which saw a gain of 2.8 percent since 2001 ( 2nd Quarter). The gains in the area were greater than than the gain reported at the US level of 2.6 percent.

Hanford-Corcoran One-Year Industry Employment Change

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Total One-Year Employment Growth in the Hanford-Corcoran Metro Area

From the industries (4-digit NAICS) in the area, the Support activities for crop production industry has accounted the most employment growth with a total of 1,935 total jobs brought in during the period. The growth in the Support activities for crop production industry makes up 62.8 percent of the total employment growth in Hanford-Corcoran.

Top 5 Industries
1. Support activities for crop production (1,935 new jobs)
2. Department stores (283 new jobs)
3. Lessors of real estate (107 new jobs)
4. Fruit and vegetable preserving and specialty (97 new jobs)
5. Full-service restaurants (72 new jobs)

Total One-Year Employment Decline in the Hanford-Corcoran Metro Area

Of the area's industries (4-digit NAICS), the Vegetable and melon farming industry has lost the most employment with a total loss of 329 jobs. The declines in the Vegetable and melon farming industry make up 27.4 percent of the employment lost during the period in Hanford-Corcoran, CA.

Top 5 Industries
1. Vegetable and melon farming (329 jobs lost)
2. Fruit and tree nut farming (321 jobs lost)
3. Other crop farming (137 jobs lost)
4. Animal food manufacturing (44 jobs lost)
5. Grocery stores (44 jobs lost)

Of the 81 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 37 accounted an for increase in employment during the period and 43 industry sectors reported declines during the time period.

In the Hanford-Corcoran, CA metro area, the total number of workers for all sectors has increased by 1,985 jobs between mid-2005 and mid-2006.

The Hanford-Corcoran Metro Area: One-Year Percentage Decline in Employment

The Religious organizations industry has seen the largest percentage drop in employment, losing 74.1 percent of the jobs from 2005 to 2006. These have declined faster than the industry has seen in the California, where the it saw a loss of 1.6 percent. The losses in the Religious organizations industry in Hanford-Corcoran outpaced the US in terms of percent of decline of industry employment. The US gained 0.8 percent in terms of employees in the Religious organizations industry.

Top 5 Industries
1. Religious organizations (74.1 percent decline)
2. Vegetable and melon farming (59.7 percent decline)
3. Animal food manufacturing (50.2 percent decline)
4. Architectural and engineering services (42.2 percent decline)
5. Lawn and garden equipment and supplies stores (40.2 percent decline)

The Hanford-Corcoran Metro Area: One-Year Percentage Growth in Employment

The Lessors of real estate industry has seen the largest percentage job growth, expanding by 114.6 percent from the 2nd quarter of 2005 to the 2nd quarter of 2006. This industry sector in Hanford-Corcoran has added employment faster than the growth seen in the industry for California, where it saw a gain of 2.3 percent. The Lessors of real estate industry in Hanford-Corcoran outpaced the US in terms of percent growth of industry employment. During this period, the US lost 0.2 percent of the industry employment.

Top 5 Industries
1. Lessors of real estate (114.6 percent gain)
2. Civic and social organizations (101.4 percent gain)
3. Support activities for crop production (61.5 percent gain)
4. Wireless telecommunications carriers (58.2 percent gain)
5. Activities related to credit intermediation (56.3 percent gain)

Total industry employment has increased by 7 percent from 2005 (2nd Quarter). These figures are greater than growth in California, which experienced a gain of 2.1 percent since 2005 ( 2nd Quarter). The gains the area experienced were greater than than the gain seen for the United States of 2 percent.

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 Hanford-Corcoran, CA

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Black or African American headed households had median income levels that were 28.4 percent less than the overall median reported in 2000, with a reported median of $30,705. The households that were headed by an American Indian and Alaska Native individual in Hanford-Corcoran reported a median household income of $39,112, this level was 8.8 percent less than the median income level in this area. According to the 2000 Census, the Asian headed households in the area have median household incomes of $46,268. This household income level is 7.9 percent greater than the reported median household income, in the area, for all households. In Hanford-Corcoran, CA White householders had a median household income (in 2005 Dollars) of $45,845 as reported by the Decennial Census of 2000, which was 6.9 percent greater than the median in the year 2000. Hispanic in Hanford-Corcoran, CA , as reported in 2000, had a median household income of $37,050, which is 13.6 percent less than the reported median household income for all households in the area.

The poverty rate in the Hanford-Corcoran, CA Metro has increased by 7.4 percent from the levels reported in the Decennial Census of 2000, moving from 13.9 percent to 21.3 percent.

As the median income level saw a decline since 2000 in the Hanford-Corcoran, CA metro area, the Race/Ethnicity group that experienced the largest decline in household income was the category. This group felt a of . percent since 2000. The Race/Ethnicity category has been least effected by the income level decline in Hanford-Corcoran, encountering a . percent in household income level, since the year 2005.

When put side-by-side with other Metros throughout the United States, the Hanford-Corcoran metro area can be understood to have a medium-high poverty rate amongst the population, with a poverty rate of 13.9 percent of the population with family incomes below the 1999 poverty level. The Black or African American race/ethnicity demographic category, owns the foremost rate of poverty with 27.1 percent of the 2000 residents living in poverty. People aged 5 years are experiencing most percent people in poverty in Hanford-Corcoran, accounting 23.2 percent of this age cohort living in poverty.

The median household income has declined from the inflation-adjusted values in 2000. The income level has decreased to $41,095, representing a 4.2 percent decline. The Hanford-Corcoran, CA MSA, in terms of percent of decline, ranks 3 of 3 metro area in percent of decline for household income in California. Hanford-Corcoran ranks 99 of 233 metro area when comparing the decline in median income level for the United States.

When compared to other Metro Areas throughout the United States, the Hanford-Corcoran metro area was reported to have a medium-low median income for households of $42,895 (2005 Dollars). This median is 29.5 percent lower than the median income in State of California of $55,567 and the median is 14.5 percent lower than the median household income in the United States of $49,133.

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

Higher Education in the Hanford-Corcoran, CA Metro Area

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Between 2000 and 2005, the percent of the male population that can be understood as highly educated has decreased by 11.0 percent. As reported in 2005, 8 percent of the total male population, in the area, has obtained at least a Bachelors Degree. From 2000 to 2005, the percent of women with a Bachelors or Higher has decreased by a total of 3.0 percent. By the year 2005, a total of 13.6 percent of the total female population achieved this high level of education.

Hanford-Corcoran, CA Metro Area can be considered to have a less-educated population, with 10.8 percent of the population over 25 years old having received at least a Bachelors Degree, according to the American Community Survey of 2005. The Hanford-Corcoran MSA was reported to have a lower percent of the population with at least a Bachelors than the State of California's proportion of 29.6 percent and a lower percent than the average across the nation of 27.2 percent.

Since 2000, the Hanford-Corcoran metro area has decreased in the percent of the total population (+25) with a BA or Higher. The portion of this population has declined by 6.8 percent to a total of 10.8 percent in 2005, according to the American Community Survey. The 2005 proportion of highly educated population is less than the State of California percent of 29.6 and less than the national percent of 27.2.

In 2005, the American Community Survey reported that in the Hanford-Corcoran, CA Metro Area, the most common level of education achieved in the area for the male population is the High School Diploma category, with 32.4 percent receiving this level of education. The women in the Hanford-Corcoran metro area have attainment on average a greater level of higher education (Bachelors or Higher) than men -- 8 percent (Men) versus 13.6 percent (Women). A high proportion of the female population in the area has reached the Some College or Associates Degree category, with 34 percent of the women population in the area achieving this level of education.

In the Hanford-Corcoran, CA Metro Area as reported in the 2005 American Community Survey, 11.4 percent of the White Alone, . percent of Black or African American, . percent of the Asian alone and 2.8 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. 2005 American Community Survey.

Demographic Profile for Hanford-Corcoran, CA

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The Hanford-Corcoran metro area had an estimated population of 143,420 in 2005. The estimated population has increased sharply, since the 2000 total population of 129,819. This growth signifies an increase of 10.5 percent. Hanford-Corcoran ranks 18 of 26 MSAs in terms of population growth in California and the metro area ranks 145 of 361 metro areas when calculating the total change in MSA population across the US.

The Hanford-Corcoran metropolitan statistical area (MSA) has a population that is made of 39.7 percent White, 7.8 percent African American, 3.1 percent Asian, and 47 percent Hispanic. The area population base can be described as having a very high level of racial and ethnic diversity, with 57.9 percent minorities. This is greater than the State of California percent of 53.4. Since 2000, Hanford-Corcoran has increased the percent of minority makeup when 55.1 percent of the population were minorities.

Since the year 2000, a very high number of individuals have migrated into the Hanford-Corcoran metro area, with 3,230 people migrating in from outside the country. The immigration into Hanford-Corcoran totals 0.2 percent of the total international migration into the State of California. This level of international migration can be considered very high when compared to international migration per 2005 population.

By measuring total land area, the Hanford-Corcoran metro area covers a total land area of 1391 square miles. The MSA has a medium-low density of 103 persons per square mile, in 2005. Similar metro areas, in terms of density, in the US include: -- more densely populated -- St Cloud (103 per sq. mile ), Fort Collins-Loveland (105 per sq. mile ), Lawton (105 per sq. mile ), -- less densely populated -- Coeur dAlene (103 per sq. mile ), Tucson (101 per sq. mile ), Roanoke (97 per sq. mile ).

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

Housing Report for Hanford-Corcoran

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Hanford-Corcoran had an owner-occupied dwelling median in 2005 of $188,800, according to the American Community Survey. This median is less than the State of California 2005 median owner-occupied dwelling value of $477,700 and greater than median home value of $167,500 across the United States during the same year.

Hanford-Corcoran can be understood as having a medium proportion of residential real estate that is high priced. During the year 2005, the American Community Survey reported that 2.3 percent of the homes were valued over $500,000.

It can be understood that there is a fair amount of housing that is affordable in Hanford-Corcoran, California. In 2005, 29 percent of residential real estate was valued under $125,000.

In Hanford-Corcoran, there were a total of 40,021 housing units in the year 2005. This represents a medium-high growth level in the number housing units, adding a sum of 2,980 residential structures since 2001, a change of 8 percent.

Throughout the State of California, Hanford-Corcoran stands 10 of the 26 metro areas by percentage growth in residential real estate. The metro area is positioned 102 of 361, when comparing the change in housing structures in other metropolitan areas throughout the nation.

Data Source: U.S. Census Bureau

Employment Report for Hanford, California -- Annual 2005 Industry Summary

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A high-wage industry in Hanford is the utilities industry with wages that annually pay $69,567. In the Metropolitan Area since the year 2001, the annual average wages in the industry have grown by 13.3 percent or $8,186. The State of California shows a similar economic condition in the utilities industry, ranking near the top of sectors by 2004 industry pay.

Educational services is the industry that has grown the most in terms of employment from 2001-2005 in Hanford, growing in new jobs by 204.5 percent. This is greater than the rate of employment change across the nation of 13.8 percent. The State of California had an industry job change of 13.7 percent, during the time since 2001.

In Hanford, Agriculture, forestry, fishing and hunting, Other services, except public administration and Manufacturing industries have the highest United States location quotient (LQ). The Agriculture, forestry, fishing and hunting industry has an LQ of 25.94. This means the percent of total employment in the Agriculture, forestry, fishing and hunting sector is 25.94 times the percent of the national average, This signifies that Hanford may be an exporter of products or services of Agriculture, forestry, fishing and hunting.

Manufacturing has the largest businesses in Hanford MSA, with the industry averaging 54 jobs per place of business. This is greater than the US industry average of 39 and greater than the California establishments size average of 32 for the Manufacturing industry.

In Hanford, Agriculture, forestry, fishing and hunting, Retail Trade, and the Manufacturing sectors are the largest industries, in terms of total number of jobs in 2005. The Agriculture, forestry, fishing and hunting is the largest employment industry and makes up 27.3 percent of all jobs throughout the region, totaling 7,691 jobs. The Retail Trade and Manufacturing industries make up 13.8 and 13.7 percent of the total jobs, respectively.

Real estate and rental and leasing since the year 2001 lost the most jobs in the Hanford Metropolitan Area. The industry was hit with a loss of 154 jobs, or 23.6 percent of jobs in the industry. The losses in this industry made up 49.7 percent of all employment losses in the Metro Area.

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