Rochester, MN

Rochester Metro Area industry wages have increased by 13.1% percent since 2001

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From 2001 to 2006, average industry wages increased in the Rochester Metro Area by a total of 13.1%. This is less than the growth in wages for the State of Minnesota and less 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.

Rochester Metro Area Industry Wages Lag Behind Minnesota, but Wages Exceed the United States Industry Wages

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The average total wages in all industries in Rochester, MN when analyzed can be understood as being relatively high when compared to other 2nd quarter of 2006 Metro Area wages throughout the nation. The average pay is 0.2 percent lower than the state, which accounted an average of $40,849. The overall industry wage was greater 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.

Rochester Five-Year Industry Employment Change

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Total industry employment has increased by 6.5 percent since the 2nd Quarter of 2001. This is greater than percent in Minnesota, which experienced a gain of 2.5 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 Rochester Metro Area: Five-Year Percentage Decline in Employment

The Electronic markets and agents and brokers industry has lost the biggest percent of jobs, losing 33.3 percent of the jobs from 2001 to 2006. These have declined faster than the industry sector has felt in the State of Minnesota, where the it saw a gain of 10.5 percent. The losses in the Electronic markets and agents and brokers industry in Rochester outpaced the US in terms of percent of decline of industry employment. The US gained 29.2 in percent of workers in the Electronic markets and agents and brokers industry.

Top 5 Industries
1. Electronic markets and agents and brokers (33.3 percent decline)
2. Electric goods merchant wholesalers (27.5 percent decline)
3. Taxi and limousine service (24.3 percent decline)
4. Electronic equipment repair and maintenance (24 percent decline)
5. Book, periodical, and music stores (19.6 percent decline)

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

The Land subdivision industry has witnessed the largest percentage of employment expansion, increasing by 188.4 percent from the 2nd quarter of 2001 to the 2nd quarter of 2006. This industry sector in Rochester has grow faster than the industry has grown in the State of Minnesota, where the industry felt a gain of 21.9 percent. The Land subdivision industry in Rochester outpaced the national average, which felt a gained 10.2 percent of the employment in this industry.

Top 5 Industries
1. Land subdivision (188.4 percent gain)
2. Home health care services (88.2 percent gain)
3. Hardware and plumbing merchant wholesalers (75.3 percent gain)
4. Automotive equipment rental and leasing (63.9 percent gain)
5. Other professional and technical services (37.9 percent gain)

Total Five-Year Employment Growth in the Rochester Metro Area

The Full-service restaurants industry has added the most employment with 564 jobs added during the time period. These new jobs in the Full-service restaurants industry makes up 31.1 percent of the growth in Rochester.

Top 5 Industries
1. Full-service restaurants (564 new jobs)
2. Limited-service eating places (464 new jobs)
3. Home health care services (342 new jobs)
4. Machinery and supply merchant wholesalers (75 new jobs)
5. Other professional and technical services (70 new jobs)

Total Five-Year Employment Decline in the Rochester Metro Area

From of the area's 4-digit NAICS industries, the Services to buildings and dwellings industry faced the greatest employment loss with a total loss of 103 jobs. The declines in the Services to buildings and dwellings industry make up 21.1 percent of the employment lost during the period in Rochester, MN.

Top 5 Industries
1. Services to buildings and dwellings (103 jobs lost)
2. Gasoline stations (65 jobs lost)
3. Electric goods merchant wholesalers (55 jobs lost)
4. Accounting and bookkeeping services (52 jobs lost)
5. Taxi and limousine service (52 jobs lost)

Out of the 28 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 13 showed an escalation in the number employed, while 15 industries reported a drop in employment.

In the Rochester, MN metro area, the aggregate employment for all industry sectors has increased by 5,695 jobs from mid-2001 to mid-2006.

Rochester One-Year Industry Employment Change

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Total One-Year Employment Decline in the Rochester Metro Area

Given the industries in the area, the Limited-service eating places industry has lost the most employment with a total loss of 180 jobs in that time period. The declines in the Limited-service eating places industry make up 30.4 percent of the total job loss in Rochester, MN.

Top 5 Industries
1. Limited-service eating places (180 jobs lost)
2. Printing and related support activities (70 jobs lost)
3. Building finishing contractors (55 jobs lost)
4. Electric goods merchant wholesalers (54 jobs lost)
5. Drinking places, alcoholic beverages (34 jobs lost)

Total One-Year Employment Growth in the Rochester Metro Area

From the industries (4-digit NAICS) in the area, the Individual and family services industry has added the most employment with 178 jobs added during the time period. These new jobs in the Individual and family services industry makes up 18.0 percent of the total employment growth in Rochester.

Top 5 Industries
1. Individual and family services (178 new jobs)
2. Home health care services (113 new jobs)
3. Other support services (80 new jobs)
4. Residential mental health facilities (71 new jobs)
5. Other professional and technical services (56 new jobs)

Out of the 64 industries with industry data reported by the BLS in each quarter, 22 reported job growth in the duration of the year and 40 industries reported employment loss in the period.

In the Rochester, MN metro area, the entire sum of jobs in all of the industries has increased by 1,359 total jobs between the 2nd Quarter of 2005 and 2nd Quarter of 2006.

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

The Other support services industry has experienced the largest percentage growth, expanding by 80.5 percent from the 2005 (Q2) to the 2006 (Q2). This industry in Rochester has added employment faster than the industry has grown in the State of Minnesota, where it saw a gain of 9.2 percent. The Other support services industry in Rochester outpaced the US in terms of percent growth of industry employment. During this period, the US gained 1.2 percent of the employment in this industry.

Top 5 Industries
1. Other support services (80.5 percent gain)
2. Specialized design services (75.0 percent gain)
3. Management and technical consulting services (53.6 percent gain)
4. Scientific research and development services (51.2 percent gain)
5. Hardware and plumbing merchant wholesalers (39.9 percent gain)

Employment for all industries has increased by 1.5 percent from 2005 (2nd Quarter). These figures are less than percent in the State of Minnesota, experiencing a gain of 1.9 percent from the 2nd Quarter of 2005. The gains in the area were less than than the gain seen for the United States of 2 percent.

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

The ISPs and web search portals industry has seen the largest percentage drop in employment, losing 40 percent from 2005 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry has seen in the Minnesota, where the industry sector experienced a gain of 7.7 percent. The losses in the ISPs and web search portals industry in Rochester outpaced the United States in terms of percentage decline of industry employment. In this period, the United States gained 4.8 in percent of workers in the ISPs and web search portals industry.

Top 5 Industries
1. ISPs and web search portals (40 percent decline)
2. Electric goods merchant wholesalers (27.1 percent decline)
3. Activities related to real estate (20.7 percent decline)
4. Electronic equipment repair and maintenance (15.9 percent decline)
5. Metalworking machinery manufacturing (15.1 percent decline)

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 Rochester, MN Metro Area

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Reported by the 2005 American Community Survey in the Rochester, MN Metro Area, a high proportion of the male population in the area have reached the Bachelors Degree or Higher category, with 34.8 percent obtaining this level of education. The women in the Rochester metro area have attainment on average a lower level of higher education (Bachelors Degree or Higher) than the male population-- 34.8 percent (Men) versus 34.8 percent (Women). A high proportion of the female population in the area has reached the Some College or Associates Degree category, with 35.8 percent of the women population in the area achieving this level of education.

In the Rochester, MN Metro Area as reported in the American Community Survey of the year 2005, 34.2 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 the age 25, has achieved a Bachelors Degree or Higher.

Rochester, MN Metro Area can be considered to have a highly-educated population of the working age, with 34.8 percent of the population over 25 years old having received at least a Bachelors Degree, according to the American Community Survey of 2005. The Rochester MSA is reported having a higher percent of population with high education level than the State of Minnesota's proportion of 30.8 percent and a higher percent than United States proportion of 27.2 percent.

Since 2000, the Rochester metro area has not changed in the total percent of the over 25 population having a Bachelors Degree or Higher. This population group has not changed by 0.0 percent to a total of 34.8 percent in 2005, according to the American Community Survey. The 2005 proportion of highly educated population is greater than the 2005 State of Minnesota percent of 30.8 and greater than the US percent of 27.2.

From 2000 to 2005, the percent of male population that is highly educated has decreased by 3.2 percent. By 2005, 34.8 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 increased by a total of 3.0 percent. By 2005, a total of 34.8 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 Rochester, MN

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Estimated since the year 2000, a very high amount of people have migrated into the Rochester metro area, with 3,668 people migrating in internationally. The international migration into Rochester accounts for 5.2 percent of the total international migration into the State of Minnesota. This percent of international migration is very high when compared to international migration per 2005 population.

The Rochester metropolitan statistical area (MSA) has a population that is made up of 89.3 percent White, 2.7 percent African American, 4 percent Asian, and 2.8 percent Hispanic. The population mix can be considered to have a modest level of diversity in terms of race and ethnicity, with 9.5 percent of the population being minorities. This is less than the State of Minnesota percent of 11.2. Since 2000, Rochester has increased the percent of minority population when 8.2 percent of the people were minorities.

The Census Bureau estimates in 2005 the median age in the Rochester metro area to be 36.4 years old. The median in Rochester is less than the median age in Minnesota of 36.7. Since the year 2000, the area has witnessed an increase in this median, when at that time it was 35.0 years of age. With a total of 23.4 percent of the population in 2005 being comprised of children and youth younger than 18, Rochester can be understood as being made up of a medium-low proportion of youths. The 18 to 64 years old population group has a relatively high representation within the population, making up 65.8 percent of the population falling in this age category. The retirement (65 and over) group makes up 11.3 percent of the population. When compared to other metro areas in the United States, this represents a medium-low proportion of the population.

By measuring total land area, the Rochester metro area spans a total of 1618 square miles. The MSA has a medium-low average population density of 109 persons per square mile. Other metro areas with similar densities in the US include: -- more densely populated -- Champaign-Urbana (112 per sq. mile ), Florence-Muscle Shoals (113 per sq. mile ), Clarksville (113 per sq. mile ), -- less densely populated -- Salt Lake City (108 per sq. mile ), Waterloo-Cedar Falls (107 per sq. mile ), Lawton (105 per sq. mile ).

The Rochester metro area had a population of 176,984 in 2005. The estimated population has increased sharply, since the 2000 total population of 164,367. This growth signifies an increase of 7.7 percent. Rochester ranks 3 of 4 MSAs in terms of population growth in Minnesota and the metro area ranks 152 of 361 metro areas in terms of population growth in the United States.

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

Housing Report for Rochester

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Looking across the State of Minnesota, Rochester is positioned 2 of the 4 metro areas in terms of percentage growth in new housing structures. The metropolitan statistical area (msa) ranks 45 of 361, compared to percent change of residential structures in other metropolitan areas throughout the United States.

Rochester is made up of a medium proportion of residential real estate that is high priced. During the year 2005, the American Community Survey accounted that 3 percent of the homes were valued over $500,000.

In Rochester, there were a total of 74,869 homes in the year 2005. This MSA has gone through a medium-high growth level in the number housing units, adding a total of 7,439 residential units since 2001, or 11 percent.

The owner-occupied dwellings in Rochester, Minnesota have seen large increases since the Census values accounted for in the year 2000. The values have increased by $44,200, or 37.8 percent, since 2000 when their medians were valued at $117,000.

It can be understood that there is a fair amount of housing that is affordable in Rochester, Minnesota. In 2005, 25.8 percent of owner-occupied dwellings were valued under $125k.

Rochester recorded a median home value in 2005 of $161,200, accounted by the American Community Survey. This home value is less than the overall State of Minnesota 2005 median owner-occupied dwelling value of $198,800 and less than median home value of $167,500 for the rest of the nation in that year.

Data Source: U.S. Census Bureau

Employment Report for Rochester, Minnesota -- Annual 2005 Industry Summary

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Information saw the biggest increase in jobs since the year 2001 in Rochester, moving a total of 94.8 percent. This is greater than the national sector change of -14.9 percent. The State of Minnesota went through a industry job change of -15 percent, in the period of time since 2001.

In Rochester, Health care and social assistance, Manufacturing and Retail Trade industries have the highest United States location quotient (LQ). The Health care and social assistance industry has a US LQ in the region of 2.92. The percent of employment in the Health care and social assistance industry is 2.92 times the percent of the national average, This signifies that Rochester may be an exporter of products or services of Health care and social assistance.

A high-wage industry in Rochester is the manufacturing sector paying an annual wage of $60,726. In the Metropolitan Area since the year 2001, the annual average wages in the industry have grown by 16.5 percent or $8,615. The State of Minnesota shows a different pattern in the manufacturing sector, placing in the middle of sectors according to average 2004 industry pay.

Health care and social assistance is the industry with the largest establishments in Rochester MSA, with the industry averaging 102 workers per each place of employment, being greater than the industry's average at the national level of 21 and greater than the Minnesota typical size of 29 for the Health care and social assistance industry.

Manufacturing saw the largest loss of employment between the years 2001-2005 in the Rochester Metro Area. The industry lost a total of 2,167 employees during the period, or 14 percent of jobs in the industry. The losses in this industry made up 72.4 percent of the total jobs loss in the Metro Area.

In Rochester, Health care and social assistance, Manufacturing, and the Retail Trade sectors are the largest industries, in terms of total number of jobs in 2005. The Health care and social assistance provides the most jobs and contributes 37.9 percent of total employment in the Metro Area, making up 34,668 people employed. The Manufacturing and Retail Trade sectors account for 14.5 and 12.2 percent of industry employment.

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