Tulsa, OK

Tulsa Metro Area industry wages have increased by 20.2% percent since 2001

2007-03-19T02:08:00.001-07:00

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From the second quarter of 2001 to the second quarter of 2006, industry wages have increased in the Tulsa Metro Area by a total of 20.2%. This is less than the growth in average industry wages for Oklahoma 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.

Tulsa Metro Area Industry Wages Exceed Oklahoma, but Wages Lag Behind the United States Industry Wages

2007-02-27T23:04:00.001-08:00

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Wages in all industries in Tulsa, OK can be understood as being medium-high when analyzed with other 2nd quarter of 2006 Metro Area wages throughout the US. The average pay is 11.2 percent higher than the with an state average of $32,677. The average pay was less than the US average pay 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.

Tulsa Five-Year Industry Employment Change

2007-02-11T20:08:00.001-08:00

In the Tulsa, OK metro area, the aggregate employment for all industry sectors has decreased by 3,890 jobs between mid-2001 and mid-2006.

Total Five-Year Employment Growth in the Tulsa Metro Area

The Building equipment contractors industry has grown the most with 894 employees finding new jobs in the industry. The employment growth in the Building equipment contractors industry makes up 36.0 percent of the total number of new jobs in Tulsa.

Top 5 Industries
1. Building equipment contractors (894 new jobs)
2. Limited-service eating places (566 new jobs)
3. Health and personal care stores (405 new jobs)
4. Other professional and technical services (236 new jobs)
5. Legal services (187 new jobs)

Total Five-Year Employment Decline in the Tulsa Metro Area

Of the area's industries (4-digit NAICS), the Boiler, tank, and shipping container mfg. industry faced the greatest employment loss with a total loss of 280 jobs during the time period. The jobs lost in the Boiler, tank, and shipping container mfg. industry make up 37.6 percent of the jobs lost during the period in Tulsa, OK.

Top 5 Industries
1. Boiler, tank, and shipping container mfg. (280 jobs lost)
2. Gasoline stations (202 jobs lost)
3. Commercial and service industry machinery (136 jobs lost)
4. Paint, coating, and adhesive manufacturing (55 jobs lost)
5. Insurance and employee benefit funds (40 jobs lost)

Given the 16 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 8 described an expansion of jobs throughout the time period, while 8 industry sectors reported declines during the time period.

Employment for all industries has decreased by 1.1 percent from 2001 (2nd Quarter). These figures are greater than percent in Oklahoma, which went through a gain of 0.7 percent from 2001 (2nd Quarter). The losses were greater than than the gain seen for the United States of 2.6 percent.

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

The Unclassified industry has witnessed the largest percentage of employment expansion, increasing by 111.0 percent from the 2001 (Q2) to the 2006 (Q2). This industry in Tulsa has increased employment faster than the industry has grown in the State of Oklahoma, where the industry felt a loss of 6.2 percent. The Unclassified industry in Tulsa outpaced the US in terms of percent growth of industry employment. During this period, the US gained 1.7 percent in this industry.

Top 5 Industries
1. Unclassified (111.0 percent gain)
2. Other professional and technical services (16.8 percent gain)
3. Apparel and piece goods merchant wholesalers (16.0 percent gain)
4. Building equipment contractors (15.3 percent gain)
5. Health and personal care stores (14.6 percent gain)

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

The Insurance and employee benefit funds industry has lost the largest amount of employment in terms of percentage, losing 62.5 percent of the jobs from 2001 to 2006. These have declined faster than the industry sector has felt in the State of Oklahoma, where the industry sector experienced a loss of 6.2 percent. The losses in the Insurance and employee benefit funds industry in Tulsa outpaced the US in terms of percent of decline of industry employment. The US lost 0.5 in percent of jobs in the Insurance and employee benefit funds industry.

Top 5 Industries
1. Insurance and employee benefit funds (62.5 percent decline)
2. Paint, coating, and adhesive manufacturing (27.3 percent decline)
3. Charter bus industry (23 percent decline)
4. Commercial and service industry machinery (11.4 percent decline)
5. Promoters of performing arts and sports (11.1 percent decline)

Tulsa One-Year Industry Employment Change

2007-01-24T17:40:00.000-08:00

Total One-Year Employment Growth in the Tulsa Metro Area

Of the industries (4-digit NAICS) in the area, the Employment services industry has brought the most jobs with a total of 1,785 jobs added during the time period. These new jobs in the Employment services industry makes up 14.3 percent of the total employment growth in Tulsa.

Top 5 Industries
1. Employment services (1,785 new jobs)
2. Building equipment contractors (870 new jobs)
3. General medical and surgical hospitals (739 new jobs)
4. Oil and gas extraction (702 new jobs)
5. Clothing stores (532 new jobs)

Total One-Year Employment Decline in the Tulsa Metro Area

The Nursing care facilities industry has lost the most employment with a total loss of 532 jobs in that time period. The declines in the Nursing care facilities industry make up 17.8 percent of the total employment decline in Tulsa, OK.

Top 5 Industries
1. Nursing care facilities (532 jobs lost)
2. Business support services (527 jobs lost)
3. Wired telecommunications carriers (374 jobs lost)
4. Other general merchandise stores (274 jobs lost)
5. Individual and family services (159 jobs lost)

Of the 149 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 44 reported job growth in the duration of the year and 104 industries reported a drop in employment.

In the Tulsa, OK metro area, the aggregate employment for all industry sectors has increased by 12,825 total jobs between the 2nd Quarter of 2005 and 2nd Quarter of 2006.

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

The Insurance and employee benefit funds industry has lost the biggest percent of jobs, losing 53.5 percent of the jobs from the 2nd quarter of 2005 to 2nd quarter of 2006. The losses of the area have declined faster than the industry has seen in the Oklahoma, where the it saw a loss of 44.9 percent. The losses in the Insurance and employee benefit funds industry in Tulsa outpaced the losses of nation as a whole in the industry. In this time period, the nation gained 1.2 percent in terms of employees in the Insurance and employee benefit funds industry.

Top 5 Industries
1. Insurance and employee benefit funds (53.5 percent decline)
2. Business, computer and management training (41.3 percent decline)
3. Support activities for animal production (30.8 percent decline)
4. Other information services (23.3 percent decline)
5. Forging and stamping (20.6 percent decline)

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

The Spectator sports industry has gone through the largest job growth by percent, increasing by 98.7 percent from 2005 (2nd quarter) to 2006 (2nd quarter). This industry sector in Tulsa has expanded faster than the industry has grown in the State of Oklahoma, where the industry felt a gain of 44.9 percent. The Spectator sports industry in Tulsa outpaced the nation in terms of industry employment growth . During this period, the nation gained 2.2 percent.

Top 5 Industries
1. Spectator sports (98.7 percent gain)
2. Telecommunications resellers (90.0 percent gain)
3. Communications equipment manufacturing (45.5 percent gain)
4. Office administrative services (44.7 percent gain)
5. Lawn and garden equipment and supplies stores (38.5 percent gain)

Total industry employment has increased by 3.7 percent since the 2nd Quarter of 2005. This is greater than growth in the State of Oklahoma, which saw a gain of 3 percent from the 2nd Quarter of 2005. The gains in the area were greater than than the gain felt at the national level 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 Tulsa, OK

2007-01-11T18:46:00.000-08:00

The median household income in the area has declined from the inflation-adjusted values in 2000. The income level has decreased to $40,504, posting a 9.5 percent decline. The Tulsa, OK MSA, in terms of percentage of decline, ranks 1 of 2 metro area in percent of decline for household income in Oklahoma. Tulsa ranks 89 of 233 metro area in terms of the decline in household income across the nation.

The poverty rate in the Tulsa, OK Metro has increased by 2.6 percent from the rates reported in the Decennial Census, moving from 11.4 percent to 14 percent.

It was reported in 2000 that the Asian headed households had median household incomes of $50,647. This median is 13.1 percent greater than the reported median household income, in the area, for all households. The American Indian and Alaska Native households in Tulsa reported a median household income of $38,050, this level was 15 percent less than the median level for total households in the area. In Tulsa, OK White householders had a median household income (in 2005 Dollars) of $47,763 according to the 2000 Dencennial Census, which was 6.7 percent greater than the median household income in 2000. Hispanic in Tulsa, OK , according to the 2000 census, had a median household income of $35,674, this income level is 20.3 percent less than the reported median household income for all households in the area. Black or African American householders reported household income levels that were 36.9 percent less than the overall reported level in 2000, with a reported median of $28,254.

While the median household income saw a decline in the last five year in the Tulsa, OK metro area, the Race/Ethnicity group that experienced the largest decline in the household income level was the Hispanic category. This category saw a decline of 40.6 percent since 2000. The Asian population group was least impacted by the household income decline in Tulsa, encountering a 36.6 percent increase in household income, since the reported levels in 2000.

Contrasted against to other Metropolitan Areas throughout the US, the Tulsa metro area can be considered to have a medium-low poverty rate amid the residents with a poverty rate of 11.4 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 28.6 percent of the population in 2000 living in poverty. Individuals aged Under 5 years are experiencing most percent people in poverty in Tulsa, with 18.3 percent of this demographic group living with incomes under poverty.

When compared to other Metro Areas throughout the United States, the Tulsa metro area had a medium-low median income for households of $44,765 (Adjusted to 2005 Dollars). This figure is 12.7 percent higher than the median income in State of Oklahoma of $39,078 and the income level is 9.8 percent lower than the median in the US, which is $49,133.

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

Higher Education in the Tulsa, OK Metro Area

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Tulsa, OK Metro Area may to understood as having a moderately-educated population of the working age, with 25.4 percent of the population (+25) having received a BA or higher, as reported in American Community Survey of 2005. The Tulsa MSA was reported to have a higher percent of the population with at least a Bachelors than the State of Oklahoma's proportion of 22.4 percent and a lower percent than the average across the nation of 27.2 percent.

From 2000 to 2005, the percent of male population that is highly educated has increased by 1.4 percent. As reported in 2005, 27.4 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 2.6 percent. By 2005, a total of 23.6 percent of the women in the population had received a Bachelors Degree or Higher.

From 2000, the Tulsa metro area has increased in the total percent of the over 25 population having a Bachelors Degree or Higher. This population group has grown by 2.2 percent to a total of 25.4 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 Oklahoma percent of 22.4 and less than the national percent of 27.2.

Reported by the 2005 American Community Survey in the Tulsa, OK Metro Area, the most common level of education achieved in the area for the male population is the Some College or Associates Degree category, with 29.6 percent receiving this level of education. The women in the Tulsa metro area have on average achieved a lower level of higher education (Bachelors or Higher) than men -- 27.4 percent (Men) versus 23.6 percent (Women). A high proportion of the female population in the area has reached the High School Diploma category, with 32.2 percent of women in the area reaching this education level.

In the Tulsa, OK Metro Area according the 2005 American Community Survey, 27 percent of the White Alone, 19.2 percent of Black or African American, 46.8 percent of the Asian alone and 9.6 percent of the Hispanic or Latino population, over the age 25, has achieved a Bachelors Degree or Higher.

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

Demographic Profile for Tulsa, OK

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The Census Bureau estimates in 2005 the median age in the Tulsa metro area to be 36.5 years of age. The median in Tulsa is equal to the median age for the State of Oklahoma of 36.5. Since the year 2000, the area has witnessed an increase in the median age, at that time the median was 35.1 years of age. With 24.9 percent of the population in the year 2005 being made up of individuals less than 18 years old, Tulsa can be understood as being made up of a medium-high percent of individuals under 18. The working age population group (18-64) has a medium-high presence of the 2005 population base, with 62.8 percent of the population falling in this age category. The retirement (65 and over) group makes up 12.3 percent of the population. When compared to other metro areas in the United States, this represents a medium-low percent of the population.

The Tulsa metropolitan statistical area (MSA) has a population that is made of 72.2 percent White, 8.7 percent African American, 1.2 percent Asian, and 6.2 percent Hispanic. The area population base can be described as having a high amount of racial and ethnic diversity, with 16.1 percent of the population made up of minorities. This is greater than the State of Oklahoma percent of 15.7. Since 2000, Tulsa has increased the level of diversity when 14.5 percent of the population were minorities.

Since 2000, a high number of individuals have migrated into the Tulsa metro area, with 10,237 people migrating in internationally. The international migration into Tulsa totals 28 percent of all immigration into Oklahoma. This level of international migration can be considered high when comparing levels of immigration per population in 2005.

The Tulsa metro area had a population that was estimated at 887,715 in the year 2005. The population has increased, since its 2000 population of 861,410. This growth shows an increase of 3.1 percent. Tulsa ranks 2 of 3 MSAs by growth in total population in Oklahoma and the metro area ranks 96 of 361 metro areas in terms of population growth in the United States.

In terms of total land area, the Tulsa metro area extends a total area of 6281 square miles. The land areas has a medium-low population density of 141 persons per square mile. Other metro areas with similar densities in the US include: -- more densely populated -- Cleveland (141 per sq. mile ), Wichita (142 per sq. mile ), Pittsfield (142 per sq. mile ), -- less densely populated -- Tallahassee (140 per sq. mile ), Jackson (140 per sq. mile ), Ames (140 per sq. mile ).

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

Housing Report for Tulsa

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In the State of Oklahoma, Tulsa is positioned 2 of the 3 metro areas in terms of percentage growth in new housing structures. The metropolitan statistical area (msa) ranks 223 of 361, compared to percent change of residential structures in other metropolitan areas throughout the United States.

Tulsa had an owner-occupied dwelling median in 2005 of $106,900, reported by the American Community Survey. This value is greater than the Oklahoma 2005 median owner-occupied dwelling value of $89,100 and less than home value of $167,500 across the United States during the same year.

In Tulsa, there were a total of 387,490 homes in the year 2005. This MSA has gone through a medium level of growth in the number housing units, adding a total of 16,333 homes since 2001, or 4.4 percent.

The residential housing values in Tulsa, Oklahoma have seen large increases from the real estate values reported in 2000. The valuations have increased by $21,400, or 25 percent, since 2000 when their medians were reported to be $85,500.

According to the data, there is a large amount of affordable housing in Tulsa, Oklahoma. In 2005, 60 percent of residential real estate was valued under $125,000.

Tulsa can be understood as having a medium percentage of high-priced residential real estate. For the year 2005, the American Community Survey reports that 2 percent of the houses were valued over a half a million dollars.

Data Source: U.S. Census Bureau

Employment Report for Tulsa, Oklahoma -- Annual 2005 Industry Summary

2006-11-05T03:24:00.000-08:00

Manufacturing is the industry with the largest establishments in Tulsa Metro Area. The industry averages 30 workers per each place of employment, being less than the industry's national average of 39 and less than the Oklahoma typical size of 31 for the Manufacturing industry.

In Tulsa, Utilities, Transportation and Warehousing and Real estate and rental and leasing industries have the highest United States location quotient (LQ). The Utilities industry has an LQ of 1.66. The level of employment in the Utilities industry is 1.66 times more than the average percent in the United States, revealing signs that Tulsa specializes in Utilities.

A well-paying sector in Tulsa is the mining sector with an annual pay of $73,830. Locally, since the year 2001, the industry annual average wages have grown by 8 percent or $5,457. The State of Oklahoma has the same economic condition in the mining industry, falling at the top of sectors according to average 2004 industry pay.

Manufacturing saw the largest loss of employment between the years 2001-2005 in the Tulsa Metropolitan Area. The industry was hit with a loss of 8,144 jobs, or 14.8 percent of employment in the sector. These losses made up 33.4 percent of the total jobs loss in the Metro Area.

Accommodation and food services has grown in employment, since the year 2001, more than any other industry in Tulsa, increasing in size by 4.1 percent. This is less than the rate of employment change across the nation of 7.6 percent. The State of Oklahoma felt a shift in employment in the industry of 4.6 percent, in the recent period of 2001-2005.

In Tulsa, Manufacturing, Health care and social assistance, and the Retail Trade sectors are the largest industries, in terms of total number of jobs in 2005. The Manufacturing is the major employer in the Metropolitan Area making up 13.6 percent of all the jobs in the Metropolitain Area. This makes up 46,951 jobs. The Health care and social assistance and Retail Trade industries total 13.5 and 12.7 percent of all employment.

The Tulsa Metropolitain Area is ranked number 53 of 363 throughout the US by total number of jobs in 2005. This position has slipped behind since the year 2001, when it was ranked 51 of 363 Counties.

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