Ida 2004 Annual County Profile

2004 Annual County Profile Ida Executive Summary As of 2003, Ida County’s largest private sector was Manufacturing, representing 29.29 percent (1,017) of the county’s total covered employment of 3,472. The county’s total employment decreased by 2.33 percent since 2002, but the average annual wage increased by 2.91 percent to $26,825 for all industries. Ida County’s average weekly wage for all industries was $516 for 2003. This was an increase of 2.99 percent since 2002. The highest average weekly wage for a private sector was Professional & Business Services, averaging $799 with gross total wages of $6.4 million. This sector had the largest percentage increase in average weekly wage of 160.26 percent ($492) between 2002 and 2003, due primarily to an increase in the Management of Companies industry in 2003. State of Iowa Ida County 2003 Industry Breakout by Employment in Ida County Government 454 Other Services 44 Leisure 134 Natural Resources 119 Construction 222 Quick Facts Covered Employment (2003) % Total Employment Manufacturing 1,017 3,472 0.25¹ $516 87.3² Edu/Health Services 465 Average Weekly Wage Largest Private Sector: Manufacturing 1,017 0.46³ Professional Services FIRE 155 171 Information Transportation 145 12 Trade 533 ¹ Percent is based on statewide covered employment of 1,404,476 ² Percent is based on statewide average weekly wage of $591 ³ Percent is based on statewide covered sector employment Note: Government includes public education and health institutions Census Statistics Ten Largest Employers by Employment Based on Annual 2003 Employment by Private Industry Rank 2003 Population Growth % since 1990 2003 Unemployment Rate 2002 Per Capita Personal Income 2000 Median Household Income 7,512 -10.2% 3.8% $25,179 $34,805 93 93 71 60 67 Rank 1 2 3 4 5 6 7 8 9 10 Name of Company Godbersen-Smith Const Co Midwest Industries VTI Architectural Products Ida County Community Hospital Good Samaritan Society V T Industries United Bank Of Iowa Morningside Care Center Willow Dale Care Center Wally's Food Pride Industry Manufacturing Manufacturing Manufacturing Health Services Health Services Mgmt of Companies Finance and Insurance Health Services Health Services Retail Trade Ranking based on Iowa’s 99 counties www.iowaworkforce.org/lmi/empstat 2004 Quarterly Census OF Employment and Wages Profile 2003 Covered Employment and Reporting Units by Industry in Ida County Reporting Units 2002 294 264 10 32 15 67 18 49 31 3 23 19 27 20 18 31 4 21 6 2003 % Change 307 4.42% Total All Industries 278 5.30% Private Business 14 31 18 65 18 47 35 4 26 19 27 21 19 30 4 20 6 40.00% -3.13% 20.00% -2.99% 0.00% -4.08% 12.90% 33.33% 13.04% 0.00% 0.00% 5.00% 5.56% Ag/Natural Resources & Mining Construction Manufacturing Trade Wholesale Trade Retail Trade Transportation & Utilities Information Finance, Insurance, and Real Estate Professional & Business Services Education & Health Services Leisure & Hospitality Other Services 2002 3,555 3,094 119 217 1,057 550 159 390 169 12 162 155 470 140 44 460 11 407 43 Employment 2003 % Change 3,472 -2.33% 3,018 -2.46% 119 222 1,017 533 154 379 145 12 171 155 465 134 44 454 11 401 43 0.00% 2.30% -3.78% -3.09% -3.14% -2.82% -14.20% 0.00% 5.56% 0.00% -1.06% -4.29% 0.00% -1.30% 0.00% -1.47% 0.00% -3.23% Government State 0.00% Local -4.76% Federal 0.00% Reporting Units by Industry in 2003 in Ida County Quick Facts 70 A Unit is Defined as a Worksite 60 50 Government 30 Education & Health Services 27 Ida County’s Largest Industries by Worksites Number of Units Trade 65 Leisure & Hospitality 21 Other Services 19 10 Construction 31 0 Trade - Wholesale & Retail Trade F.I.R.E. - Finance, Insurance, & Real Estate; Natural Resources - Agriculture, Natural Resources, & Mining. www.iowaworkforce.org/lmi/empstat Information 4 Transportation & Utilities 35 20 Construction 31 30 Transportation & Utilities 35 Wholesale & Retail Trade 65 Natural Resources 14 40 Professional Services 19 Manufacturing 18 FIRE 26 2004 Quarterly Census OF Employment and Wages Profile 2003 Average Annual and Weekly Wage by Industry in Ida County Average Annual Wage $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 2002 26,068 26,471 20,985 32,740 36,097 17,842 26,914 14,189 31,977 16,944 28,920 15,954 20,852 7,129 17,431 23,415 33,356 21,896 34,703 $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 2003 % Change 26,825 2.91% Total All Industries 27,226 2.85% Private Business 24,228 32,289 34,169 18,672 28,561 14,654 30,293 18,827 28,111 41,543 21,065 7,648 16,554 24,163 35,941 22,645 34,742 15.45% -1.38% -5.34% 4.65% 6.12% 3.28% -5.27% 11.12% -2.79% 160.39% 1.02% 7.28% -5.03% Ag/Natural Resources & Mining Construction Manufacturing Trade Wholesale Trade Retail Trade Transportation & Utilities Information Finance, Insurance, Real Estate Professional & Business Services Education & Health Services Leisure & Hospitality Other Services $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ Average Weekly Wage 2002 501 509 404 630 694 343 518 273 615 326 556 307 401 137 335 450 641 421 667 $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 2003 % Change 516 2.99% 524 2.95% 466 621 657 359 549 282 583 362 541 799 405 147 318 465 691 435 668 15.35% -1.43% -5.33% 4.66% 5.98% 3.30% -5.20% 11.04% -2.70% 160.26% 1.00% 7.30% -5.07% 3.33% 7.80% 3.33% 0.15% 3.19% Government State 7.75% Local 3.42% Federal 0.11% 2003 Average Weekly Wage for All Industries by County Lyon Osceola 426 Sioux 452 O'Brien Dickinson Emmet Winnebago Worth 494 Clay 483 Kossuth Palo Alto 432 481 Hancock 445 535 Mitchell Howard Winneshiek Quick Facts Allamakee 472 Floyd 476 Chickasaw 508 Cerro Gordo 430 480 468 Fayette Bremer Clayton 484 Plymouth 415 518 Buena Vista 439 Humboldt 564 Wright Franklin 560 Woodbury Cherokee 489 Ida 461 Pocahontas 449 Sac Calhoun 479 Webster Butler 443 472 502 Hamilton 503 Hardin 435 Grundy 529 Black Hawk Delaware Dubuque Buchanan Average Weekly Wage Comparisons 580 551 Monona 516 Crawford 425 Carroll 407 564 528 Boone Story 490 521 Tama 592 485 Benton Linn 513 Jones Jackson Greene 413 Harrison 505 456 473 526 Marshall 611 Polk 564 Jasper 466 495 692 475 Cedar 420 Clinton Ida $516 Rank Among All 99 Iowa Counties -35Statewide $591 Nation* $726 521 Scott 437 Shelby Audubon Guthrie 438 426 Dallas Poweshiek Iowa Johnson 464 Muscatine 449 Adair 580 730 627 Marion 571 Mahaska 579 643 659 Louisa 597 Pottawattamie Cass 527 Mills 461 481 Madison Warren 469 Union Clarke 499 588 507 Keokuk Washington 463 467 482 539 572 Des Moines 557 Lee 520 Fremont Montgomery Adams 461 Page Lucas Monroe Wapello Jefferson Henry 461 Taylor 464 474 501 405 591 518 448 539 470 403 Ringgold Decatur Wayne Appanoose Davis Van Buren 411 398 475 460 Legend $398 $481.00 $398.00-- $481 $481.01-- $564 $482 $564.00 566 ¨ $564.01 - $647.00 $565 $647 $647.01 - $730.00 $648 - $730 * preliminary data www.iowaworkforce.org/lmi/empstat 2004 Quarterly Census OF Employment and Wages Profile 2003 Size of Firm in Ida County Contact Info Iowa Workforce Development, Employment Statistics Bureau 1000 E Grand Ave Des Moines, IA 50319 800-532-1249; Fax: 515-281-8195 trends@iwd.state.ia.us www.iowaworkforce.org Equal opportunity employer/ program. Auxiliary aids and services are available upon request to individuals with disabilities. TTY 515-281-4748; 1-800-831-1399 100 to 499 50 to 99 4 7 17 45 64 Number of Employees 20 to 49 10 to 19 5 to 9 0 to 4 0 Number of Employees 0 to 4 5 to 9 10 to 19 20 to 49 50 to 99 100 to 499 Total Number of Employers 166 64 45 17 7 4 303 Employment 323 430 620 563 497 983 3,416 Size of firm based on employment as of March 2003 166 50 100 150 200 250 Number of Employers DEVELOPMENT IOWA Workforce OFFICIAL BUSINESS PENALTY FOR PRIVATE USE $300 IOWA WORKFORCE DEVELOPMENT 1000 East Grand Avenue Des Moines, Iowa 50319-0209