Wilmington, NC

Wilmington Metro Area industry wages have increased by 13.8% percent since 2001

2007-03-19T02:18:00.001-07:00

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Industry wages, from 2001 to 2006, have increased in the Wilmington Metro Area by a total of 13.8%. This is less than the growth in industry wages for the State of North Carolina 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.

Wilmington Metro Area Industry Wages Lag Behind North Carolina, and Wages Lag Behind the United States Industry Wages

2007-02-27T23:15:00.001-08:00

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The average total wages in all industries in Wilmington, NC can be understood as being medium-low when compared to other 2nd quarter of 2006 Metro Area wages throughout the nation. The average pay is 13.6 percent lower than the with an state average of $35,650. 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.

Wilmington Five-Year Industry Employment Change

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

The Alcoholic beverage merchant wholesalers industry has gone through the largest job growth by percent, increasing by 272.7 percent from the 2nd quarter of 2001 to the 2nd quarter of 2006. This industry sector in Wilmington has added employment faster than the industry has grown in the State of North Carolina, where this industry saw a gain of 27.5 percent. The Alcoholic beverage merchant wholesalers industry in Wilmington outpaced the United States, which experienced a gained 15.5 percent of the industry employment.

Top 5 Industries
1. Alcoholic beverage merchant wholesalers (272.7 percent gain)
2. Office administrative services (178.6 percent gain)
3. Business, computer and management training (106.3 percent gain)
4. Lessors of real estate (95.4 percent gain)
5. Building finishing contractors (88.9 percent gain)

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

The Seafood product preparation and packaging industry has lost the largest amount of employment in terms of percentage, losing 52.3 percent of the jobs from 2001 to 2006. These have declined faster than the industry sector has felt in the State of North Carolina, where the industry sector experienced a loss of 3.2 percent. The losses in the Seafood product preparation and packaging industry in Wilmington outpaced the United States industry losses overall. During this period, the United States lost 14.3 percent in terms of employment in the Seafood product preparation and packaging industry.

Top 5 Industries
1. Seafood product preparation and packaging (52.3 percent decline)
2. Nonresidential building construction (40.1 percent decline)
3. Lawn and garden equipment and supplies stores (39.1 percent decline)
4. Accounting and bookkeeping services (24.5 percent decline)
5. Private households (20.7 percent decline)

The total number of jobs has increased by 14.3 percent since the 2nd Quarter figures of 2001. This change is greater than growth in the State of North Carolina, which went through a gain of 1.9 percent since 2001 ( 2nd Quarter). The gains were greater than than the gain experienced overall in the US of 2.6 percent.

Total Five-Year Employment Decline in the Wilmington Metro Area

From of the area's 4-digit NAICS industries, the Nonresidential building construction industry faced the greatest employment loss with a total loss of 471 jobs during the period. The employment lost in the Nonresidential building construction industry make up 51.6 percent of the jobs lost during the period in Wilmington, NC.

Top 5 Industries
1. Nonresidential building construction (471 jobs lost)
2. Accounting and bookkeeping services (170 jobs lost)
3. Lawn and garden equipment and supplies stores (107 jobs lost)
4. Private households (54 jobs lost)
5. General freight trucking (51 jobs lost)

In the Wilmington, NC metro area, the total number of jobs throughout all industries has increased by 14,304 total jobs from 2001 to 2006.

Out of the 41 4-digit NAICS industries, 8 described an expansion of jobs throughout the time period, while 33 industries reported a drop in employment.

Total Five-Year Employment Growth in the Wilmington Metro Area

From the industries (4-digit NAICS) in the area, the Full-service restaurants industry has brought the most jobs with a total of 1,548 total jobs brought in during the period. The growth in the Full-service restaurants industry makes up 13.3 percent of the total employment growth in Wilmington.

Top 5 Industries
1. Full-service restaurants (1,548 new jobs)
2. Limited-service eating places (1,292 new jobs)
3. Building finishing contractors (978 new jobs)
4. Offices of physicians (816 new jobs)
5. Residential building construction (665 new jobs)

Wilmington One-Year Industry Employment Change

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In the Wilmington, NC metro area, the total number of workers for all sectors has increased by 5,851 jobs from mid-2005 to mid-2006.

Given the 85 4-digit NAICS industries, 23 showed an escalation in the number employed, while 62 industry sectors accounting for employment declines during that time period.

Total One-Year Employment Decline in the Wilmington Metro Area

From of the area's 4-digit NAICS industries, the Building foundation and exterior contractors industry has lost the most employment with a total loss of 262 jobs in that time period. The declines in the Building foundation and exterior contractors industry make up 29.3 percent of the jobs lost during the period in Wilmington, NC.

Top 5 Industries
1. Building foundation and exterior contractors (262 jobs lost)
2. Nonresidential building construction (129 jobs lost)
3. Medical and diagnostic laboratories (115 jobs lost)
4. Lawn and garden equipment and supplies stores (96 jobs lost)
5. Machinery and equipment rental and leasing (58 jobs lost)

Total One-Year Employment Growth in the Wilmington Metro Area

Of the industries (4-digit NAICS) in the area, the Building finishing contractors industry has added the most employment with 863 employees finding new jobs in the industry. The employment growth in the Building finishing contractors industry makes up 15.7 percent of the growth in Wilmington.

Top 5 Industries
1. Building finishing contractors (863 new jobs)
2. Building equipment contractors (475 new jobs)
3. Full-service restaurants (422 new jobs)
4. Services to buildings and dwellings (293 new jobs)
5. Offices of physicians (281 new jobs)

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

The Scenic and sightseeing transportation, land industry has gone through the largest job growth by percent, increasing by 168.8 percent from the 2nd quarter of 2005 to the 2nd quarter of 2006. This industry sector in Wilmington has grow faster than the industry has grown in the State of North Carolina, where it saw a gain of 6.6 percent. The Scenic and sightseeing transportation, land industry in Wilmington outpaced the US in terms of percent growth of industry employment. During this period, the US gained 4.6 percent of the employment in this industry.

Top 5 Industries
1. Scenic and sightseeing transportation, land (168.8 percent gain)
2. Building finishing contractors (71.0 percent gain)
3. Vending machine operators (62.1 percent gain)
4. Metalworking machinery manufacturing (47.5 percent gain)
5. Telecommunications resellers (47.2 percent gain)

Employment for all industries has increased by 5.4 percent since the 2nd Quarter figures of 2005. This change is greater than growth in the State of North Carolina, which experienced a gain of 2.7 percent since the 2nd Quarter of 2005. The gains were greater than than the gain seen for the United States of 2 percent.

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

The Office furniture and fixtures manufacturing industry has lost the largest amount of employment in terms of percentage, losing 50 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 sector has gone through in the North Carolina, where the industry sector experienced a gain of 3 percent. The losses in the Office furniture and fixtures manufacturing industry in Wilmington outpaced the US in terms of percent of decline of industry employment. The US gained 0.7 percent in terms of employment in the Office furniture and fixtures manufacturing industry.

Top 5 Industries
1. Office furniture and fixtures manufacturing (50 percent decline)
2. Medical and diagnostic laboratories (47.1 percent decline)
3. Textile and fabric finishing mills (37.9 percent decline)
4. Machinery and equipment rental and leasing (36.7 percent decline)
5. Lawn and garden equipment and supplies stores (36.4 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.

Income and Poverty in Wilmington, NC

2007-01-11T19:06:00.000-08:00

Compared to Metro Areas across the United States, the Wilmington metro area reported a medium-high median income for all households of $45,199 (Adjusted to 2005 Dollars). This figure is 1.4 percent lower than the household income median in State of &statename of $45,845 and the median household income is 8.7 percent lower than the median household income in the United States of $49,133.

The poverty rate in the Wilmington, NC Metro has increased by 0.2 percent from the rates reported in the Decennial Census, moving from 12.9 percent to 13.1 percent.

As the median income level saw a decline from 2000 to 2005 in the Wilmington, NC metro area, the Race/Ethnicity group that experienced the largest decline in median household income was the Hispanic category. This group felt a decline of 24.9 percent from 2000 to 2005. The American Indian and Alaska Native Race/Ethnicity group has been least impacted by the median income decline in Wilmington, experiencing a 40.4 percent increase in median household income from 2000 to 2005.

Black or African American householders reported household income levels that were 34.7 percent less than the total 2000 reported median, with a their median reported to be $29,524. Hispanic headed households in Wilmington, NC reported a median household income of $39,261, this median is 13.1 percent less than reported value of the areas total household median income for all households. It was reported in 2000 that the Asian headed households had median household incomes of $50,352. This median income level is 11.4 percent greater than the all households reported median in the area. In Wilmington, NC White headed households reported a median household income (2005 Dollars) of $48,284 according to the Decennial Census of 2000, which was 6.8 percent greater than the median in the year 2000. The households that were headed by an American Indian and Alaska Native individual in Wilmington had a median income of $40,887, this median was 9.5 percent less than the median for all households.

Contrasted against to other Metropolitan Areas throughout the US, the Wilmington metro area can be recognized as having a medium-high rate of poverty among its population, accounting a rate of 12.9 percent of the individuals existing in families with incomes under the poverty level in 1999. The Black or African American race/ethnicity population category, holds the highest rate of poverty with 27.1 percent of the 2000 population living in poverty. People that are of the age Under 5 years are experiencing most percent people in poverty in Wilmington, with 19.4 percent of the population in this age category living in poverty.

The median household income has declined from the inflation-adjusted 2000 income levels. The income level has decreased to $41,000, which amounts to a 9.3 percent decline. The Wilmington, NC MSA, when comparing total percent of decline, ranks 9 of 10 metro area in percent of decline for income levels in the State of &statename. Wilmington ranks 94 of 233 metro area when comparing the decline in household income across the nation.

Higher Education in the Wilmington, NC Metro Area

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Wilmington, NC Metro Area can be considered to have a highly-educated population, with 28.2 percent of the population over 25 years old having received at least a Bachelors Degree, according to the American Community Survey of 2005. The Wilmington MSA was reported to have a higher percent of the population with at least a Bachelors than the State of North Carolina's proportion of 25.2 percent and a higher percent than the national average of 27.2 percent.

In the Wilmington, NC Metro Area as reported in the 2005 American Community Survey, 31 percent of the White Alone, 13.8 percent of Black or African American, . percent of the Asian alone and 12.8 percent of the Hispanic or Latino population, over the age 25, has achieved at least a Bachelors Degree.

Since 2000, the Wilmington metro area has increased in the population percent with a Bachelors of Higher. This population percent has grown by 2.2 percent to a total of 28.2 percent in 2005. The American Community Survey reports that the proportion of the 2005 population that is highly educated is greater than the 2005 State of North Carolina percent of 25.2 and greater than the US percent of 27.2.

In 2005, the American Community Survey reported that in the Wilmington, NC Metro Area, many men in the area have reached the Bachelors Degree or Higher category, with 30.8 percent obtaining this level of education. The women in the Wilmington metro area have attainment on average a lower level of higher education (Bachelors Degree or Higher) than the male population-- 30.8 percent (Men) versus 26 percent (Women). The most common level of education for women in the area is Some College or Associates Degree category, with 34.2 percent of the areas female population attaining this level of education.

Between 2000 and 2005, the percent of the male population that can be understood as highly educated has increased by 2.8 percent. As reported in 2005, 30.8 percent of total male population (over 25), in this area, held at least a Bachelors Degree. At the same time, the percent of women (over 25) holding a BA or higher has increased by a total of 1.6 percent. By 2005, a total of 26 percent of the total female population achieved this high level of education.

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

Demographic Profile for Wilmington, NC

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The Wilmington metropolitan statistical area (MSA) has a population base that is comprised of 79 percent White, 15.7 percent African American, 0.7 percent Asian, and 3.2 percent Hispanic. This area can be considered to have a high level of diversity, with 19.6 percent minorities. This is less than the State of North Carolina percent of 29.6. Since 2000, Wilmington has decreased the percent of minority population when 20.3 percent of the population were minorities.

The Wilmington metro area had a population of 315,144 in the year 2005. The population has increased sharply, from the population in the year 2000 of 275,709. This growth represents an increase of 14.3 percent. Wilmington ranks 3 of 14 MSAs when calculating total change in population for North Carolina and the metro area ranks 68 of 361 metro areas by growth in MSA population in the United States.

Since the year 2000, a medium-high number of individuals migrated into the Wilmington metro area, with 2,562 people migrating in internationally. The migration from outside the US into Wilmington accounts for 1.6 percent of the total migration into the State of North Carolina. This amount of international migration is medium-high when comparing levels of immigration per population in 2005.

When measuring the total land area, the Wilmington metro area spans a total of 1924 square miles. The MSA has a medium-low density of 164 persons per square mile, in 2005. Similar metro areas, in terms of density, in the US include: -- more densely populated -- Salisbury (165 per sq. mile ), Davenport-Moline-Rock Island (166 per sq. mile ), Athens-Clarke County (170 per sq. mile ), -- less densely populated -- Huntington-Ashland (164 per sq. mile ), Virginia Beach-Norfolk-Newport News (163 per sq. mile ), Burlington-South Burlington (163 per sq. mile ).

In 2005, the Census Bureau estimated the median age in the Wilmington metro area to be 37.6 years of age. The median age in Wilmington is greater than the median age in the State of North Carolina of 36.2. From 2000, the area has seen a decline in the median age, when it was 38.0 years old. With 34.7 percent of the 2005 population being comprised of individuals under the age of 18, Wilmington 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 representation within the estimated 2005 area population, making up 62.6 percent of the population within the age category. People 65 years old and older make up 13 percent of the population in the area. When compared to other metro areas throughout the United States, this represents a medium-low percent of the population base.

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

Housing Report for Wilmington

2006-11-11T20:15:00.000-08:00

In Wilmington, the census reported 180,841 homes in the year 2005. This MSA has gone through a high level of growth of new homes, adding in all 23,616 homes since 2001, or 15 percent.

The residential home values in Wilmington, North Carolina have experienced moderate increases from the real estate values reported in 2000. The valuations have increased by $19,000, or 14.3 percent, from 2000 when they had reported median values of $133,200.

It can be understood that there is a fair amount affordable residential real estate in Wilmington, North Carolina. In 2005, 38.6 percent of the homes were valued under $125,000.

Wilmington recorded median owner-occupied home value in the year 2005 of $152,200, accounted by the American Community Survey. This home value is greater than the overall North Carolina 2005 median owner-occupied dwelling value of $127,600 and less than median home value of $167,500 across the United States during the same year.

Looking across the State of North Carolina, Wilmington ranks 1 of the 14 metro areas by percentage growth in residential real estate. The metro area is positioned 14 of 361, compared to percent change of residential structures in other metropolitan areas throughout the United States.

Wilmington has a relatively high proportion of residential real estate that is high priced. During the year 2005, the American Community Survey accounted that 8.7 percent of the homes were valued over $500,000.

Data Source: U.S. Census Bureau

Employment Report for Wilmington, North Carolina -- Annual 2005 Industry Summary

2006-11-05T03:48:00.000-08:00

In Wilmington, Retail Trade, Accommodation and food services, and the Health care and social assistance industries are the largest employment industries. The Retail Trade is the major employer in the Metropolitan Area making up 17.4 percent of total employment in the Metro Area, making up 18,874 jobs. The Accommodation and food services and Health care and social assistance sectors provide 14.7 and 11.5 percent of the total jobs, respectively.

Utilities has the largest businesses in Wilmington MSA, with the industry averaging 91 employees per business. This is greater than the industry's average at the national level of 34 and greater than the North Carolina establishments size average of 37 for the Utilities industry.

The Professional and technical services industry decreased the most in percent of total employment in the Wilmington MSA, since the year 2001, moving from making up 5.2 percent of total employment in 2001 to 0 percent in the year 2005.

Information is the industry that has seen the largest increase in jobs from the year 2001 to the present in Wilmington, rising by 48.9 percent. This is greater than the United States industry change in employment of -14.9 percent. The State of North Carolina saw a change in employment in the sector of . percent, since the year 2001.

In Wilmington, Utilities, Arts, entertainment, and recreation and Construction industries have the highest United States location quotient (LQ). The Utilities industry has an LQ of 2.37. The percent of employment in the Utilities industry is 2.37 times greater than the US average, showing signs that Wilmington produces more than its local requirement of products and/or services of Utilities.

An industry with high wages in Wilmington is the manufacturing industry with wages that annually pay $46,746. From the year 2001, the industry annual average wages have declined by 0.2 percent or $97. The State of North Carolina shows a different job market in the manufacturing industry, ranking in the middle of industries in term of the average annual pay of 2004.

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