labor market evaluation & community overview thurston county, wa august 2013

13
LABOR MARKET EVALUATION & COMMUNITY OVERVIEW Thurston County, WA August 2013

Upload: angela-ward

Post on 29-Dec-2015

214 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: LABOR MARKET EVALUATION & COMMUNITY OVERVIEW Thurston County, WA August 2013

LABOR MARKET EVALUATION & COMMUNITY OVERVIEWThurston County, WA

August 2013

Page 2: LABOR MARKET EVALUATION & COMMUNITY OVERVIEW Thurston County, WA August 2013

2

Table of Contents

General Demographic Comparison

Target Occupation Concentrations

Average Labor Rate Comparison

Educational Attainment Statistics

Household Income Distribution

Cost of Living Indicators

Regional Map

Page 3: LABOR MARKET EVALUATION & COMMUNITY OVERVIEW Thurston County, WA August 2013

3

General Demographic Comparison

30-MINUTE DRIVE TIME 1

THURSTON COUNTY, WA

PIERCE COUNTY, WA

KING COUNTY, WA

NATIONAL AVERAGE

POPULATION 430,129 261,531 824,874 2,004,559 N/A

POPULATION GROWTH (2013-2018) 5.81% 6.12% 6.18% 6.26% 3.32%

LABOR FORCE 215,405 134,364 427,413 1,140,544 N/A

UNEMPLOYMENT RATE 7.3% * 7.3% 8.4% 4.3% 7.6%

AVERAGE HOUSEHOLD INCOME $66,025 $73,534 $70,473 $93,403 $69,637

COST OF LIVING 112.2 * 112.2 112.8 144.0 100.0

TOTAL COLLEGE & UNIVERSITY ENROLLMENT 33,007 15,423 63,872 196,602 N/A

1. The 30-minute drive time is from the intersection of I-5 & Hwy 101

Page 4: LABOR MARKET EVALUATION & COMMUNITY OVERVIEW Thurston County, WA August 2013

4

Target Occupation Concentrations

30-MINUTE DRIVE TIME 1

THURSTON COUNTY, WA

PIERCE COUNTY, WA

KING COUNTY, WA

NATIONAL AVERAGE

Healthcare Occupations

Total Employees 13,987 7,578 23,661 78,134 N/A

% of Labor Force 6.49% 5.64% 5.54% 6.85% 6.83%

Business & Financial Operations

Total Employees 7,134 3,802 12,378 64,732 N/A

% of Labor Force 3.31% 2.83% 2.90% 5.68% 4.05%

Transportation & Material Moving

Total Employees 11,334 5,119 20,055 69,092 N/A

% of Labor Force 5.26% 3.81% 4.69% 6.06% 5.32%

Production Occupations

Total Employees 5,586 3,292 13,300 60,047 N/A

% of Labor Force 2.59% 2.45% 3.11% 5.27% 5.38%

1. The 30-minute drive time is from the intersection of I-5 & Hwy 101

Page 5: LABOR MARKET EVALUATION & COMMUNITY OVERVIEW Thurston County, WA August 2013

5

Average Labor Rate Comparison

Production Laborer Production Helper Machinist$0.00

$5.00

$10.00

$15.00

$20.00

$25.00

$30.00

$14.75$15.36

$24.22

$15.81$16.47

$26.17

$16.16$16.83

$26.86

$14.03 $14.59

$23.09

Production Occupations

Thurston County Pierce County King County National Average

Page 6: LABOR MARKET EVALUATION & COMMUNITY OVERVIEW Thurston County, WA August 2013

6

Average Labor Rate Comparison

Warehouse Worker Order Filler Forklift Operator$0.00

$2.00

$4.00

$6.00

$8.00

$10.00

$12.00

$14.00

$16.00

$18.00

$20.00

$15.61$14.83

$16.35$16.66

$15.45

$17.52$17.34$16.36

$17.88

$14.94$14.24

$15.46

Transportation & Material Moving Occupations

Thurston County Pierce County King County National Average

Page 7: LABOR MARKET EVALUATION & COMMUNITY OVERVIEW Thurston County, WA August 2013

7

Average Labor Rate Comparison

Customer Service Rep Accountant Financial Analyst$0.00

$5.00

$10.00

$15.00

$20.00

$25.00

$30.00

$35.00

$40.00

$45.00

$18.83

$26.40

$34.88

$19.63

$27.80

$36.47

$20.58

$29.49

$38.42

$17.83

$27.10

$35.39

Business & Financial Operations Occupations

Thurston County Pierce County King County National Average

Page 8: LABOR MARKET EVALUATION & COMMUNITY OVERVIEW Thurston County, WA August 2013

8

Average Labor Rate Comparison

Healthcare Support & Practitioner Occupations

Medical Assistant Registered Nurse$0.00

$5.00

$10.00

$15.00

$20.00

$25.00

$30.00

$35.00

$40.00

$17.61

$35.90

$18.21

$37.52

$19.17

$38.02

$16.52

$33.99

Thurston County Pierce CountyKing County National Average

Thurston County

Pierce County

King County

National Average

$175,000

$180,000

$185,000

$190,000

$195,000

$200,000

$205,000

$210,000

$199,087

$201,951

$206,831

$186,299

General Practicioner

Page 9: LABOR MARKET EVALUATION & COMMUNITY OVERVIEW Thurston County, WA August 2013

9

Educational Attainment Statistics

30-Minute Drive Time Thurston County, WA Pierce County, WA King County, WA United States0.00%

5.00%

10.00%

15.00%

20.00%

25.00%

30.00%

35.00%

Less than 9th grade Some High School, no diploma High School Graduate (or GED)Some College, no degree Associate Degree Bachelor's DegreeMaster's Degree Professional School Degree Doctorate Degree

Page 10: LABOR MARKET EVALUATION & COMMUNITY OVERVIEW Thurston County, WA August 2013

10

Household Income Distribution

Less than $15,000

$15,000 to $24,999

$25,000 to $34,999

$35,000 to $49,999

$50,000 to $74,999

$75,000 to $99,999

$100,000 to

$124,999

$125,000 to

$149,999

$150,000 to

$199,999

$200,000 to

$499,999

$500,000 or more

0.00%

5.00%

10.00%

15.00%

20.00%

25.00%

30-Minute Drive Time Thurston County, WA Pierce County, WA King County, WA United States

Page 11: LABOR MARKET EVALUATION & COMMUNITY OVERVIEW Thurston County, WA August 2013

11

Cost of Living Indicators

Thurston County Pierce County King County National Average0

20

40

60

80

100

120

140

160

112.2 112.8

144

100

Cost of Living

30-Minute Drive Time

Thurston County

Pierce County

King County National Average

$0

$10,000

$20,000

$30,000

$40,000

$50,000

$60,000

$70,000

$80,000

$53,030$61,270

$57,324

$68,214

$49,297

Median Household Income

30-Minute Drive Time

Thurston County

Pierce County

King County National Average

$0

$50,000

$100,000

$150,000

$200,000

$250,000

$300,000

$350,000

Median Housing Value

Page 12: LABOR MARKET EVALUATION & COMMUNITY OVERVIEW Thurston County, WA August 2013

12

Regional Map

Page 13: LABOR MARKET EVALUATION & COMMUNITY OVERVIEW Thurston County, WA August 2013

For additional information please contact:

Site Selection Group, LLC8300 Douglas Ave.Suite 700Dallas, TX 75225(214) 271-0580www.siteselectiongroup.com