Ed Simon (302) 672-6845 [email protected] October 2015 Sussex Demographic and Labor Market Trends Quick Facts
Ed Simon(302) 672-6845
October 2015
Sussex Demographic and Labor Market Trends
Quick Facts
Introduction
The economy and job market in Sussex has shown improvement in recent years. With low taxes and a favorable climate, Sussex has continued to be a popular county for both tourists and retirees. Our demographics have spurred job growth in many service industries. Overall our industry and occupational patterns are more diverse than what many people think. Sussex does have numerous industries and occupations that pay well above the average.
Sussex Overview
Sussex job growth continues to rise Growth rate has been faster than DE and US
Last five years – Sussex had a net gain of 5,000 jobs, about 8% growth.
Job gains have been broad based with gains in nearly all sectors
Unemployment Substantial improvement in recent years
Sussex Unemployment rate: 2010, 8.5%; 2015, 4.5%
Tourism – Continues to grow $1,636.7 (Millions of $) Sussex Expenditures; 39% of
the State total
Overview (Continued)
Real Estate Existing home sales for 2015 are well ahead of
the same period for 2014
2,049 homes were sold during the first half of 2015, an increase of 49% over the same period of 2014
Thus far in 2015 building permits for single family homes in Sussex is keeping pace with what occurred in 2014
Agriculture (Latest county data is from the 2012 Census of Agriculture)
Market Value (Sussex) $921 Million
Sussex #1 broiler producing county in U.S.
During the past couple of years the rates are showing major improvement.
Unemployment Trend
Year Sussex DE US
2010 8.5% 8.4% 9.6%
2011 7.7% 7.5% 8.9%
2012 7.3% 7.2% 8.1%
2013 6.8% 6.7% 7.4%
2014 5.7% 5.7% 6.2%
2015 Est 4.5% 4.7% 5.3%
Source: U.S. Dept. of Labor, Bureau of Labor Statistics
-5
0
5
10
15
20
25
'02 '03 '04 '05 '06 '07 '08 '09 '10 '11 '12 '13 '14 '15
% C
ha
ng
e
Sussex
Delaware
U.S.
Sussex Jobs Are Increasing
Source: U.S. Dept. of Labor, Bureau of Labor Statistics
Sussex Trends: Jobs grew faster at first and then declined more slowly. During the past few years Sussex has had modest job growth.
2002 Base Year
Agriculture in Sussex
Sussex has more acres of farm land than New Castle and Kent combined.
From 2007 to 2012 the number of farms declined from 1,374 to 1,214; but average size of farms rose from 196 acres to 224 acres.
From 2007 to 2012 farm acreage is Sussex rose slightly -from 269,464 to 272,232 acres.
The market value of Agr. Products sold was $921 million
Sussex County is the number one broiler producing county in the U.S. Source: 2012 Census of Agriculture.
Poultry is our #1 farm commodity representing over 70% of Sussex Market value of Agr. Products sold.
In the Delmarva Peninsula, Sussex remains as a key leader in the production of Soybeans, corn and wheat.
Market Value of Agr. Products Sold -$921 Million in Sussex
Source: 2012 Census of Agriculture
$249 Million – Crops
$672 Million – Livestock, Poultry
Poultry and Eggs represent about 71%
Of total Agr. Products sold in Sussex
People
Demographic Trends
I’ve included some charts with population data. I can provide additional or alternative data if you wish.
In an Average Month in Sussex . . .
192 Persons are born
195 Persons die
327 Persons move here from another area
Source: U.S. Census Bureau (7/13 to 7/14)
Sussex Population Growth is Steady(Annual Change)
0
1000
2000
3000
4000
5000
6000
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Net Migration
Natural Increase
Source: U.S. Census Bureau
55+: 28% in 1990 - to 43% in 2030
0
50,000
100,000
150,000
200,000
250,000
300,000
1990 2010 2030
Age 55+
Under 55
Long Term Population Trends – Sussex
Source: Delaware Population Consortium
Median Age (Sussex has a much higher median age)
Area Median Age
Sussex County 45.9
Kent County 36.7
New Castle County 37.2
Delaware 38.9
U.S. 37.3
Source: American Fact Finder
0 5,000 10,000 15,000
Wholesale &Retail Trade
Leisure &Hospitality
Healthcare
Mfg, (Food)
Education
Prof & BusinessServ.
Major Sussex Industry Groups (2014 Employment)
Source: Del. Dept of Labor, OOLMI
0 5,000 10,000 15,000
Wholesale & Retail Trade
Leisure & Hospitality
Healthcare
Manufacturing (Food)
Education
Prof.& Bus. Serv
Construction
Manufacturing (Non-Food)
Fin., Ins. & Real Est.
Government
Other Serv.
Transport., & Utilities
Agriculture (Farms)
Information
Where Sussex Works (2014)
Source: Del. Dept of Labor, OOLMI; Census of Agriculture
Average Annual Wage by Ind. Sussex (2014)
$0 $10,000 $20,000 $30,000 $40,000 $50,000 $60,000
Manufacturing (Non-food)
Healthcare
Information
Transport./Utilities
Fin. Ins. & Real Est.
Education
Construction
Government
Prof.& Bus. Serv
Agriculture (Farms)
Manufacturing (Food)
Wholesale & Retail Trade
Other Serv.
Leisure & Hospitality
$36,319
Largest Occupational GroupsSussex 2014
U.S. Dept. of Labor, Bureau of Labor Statistics, (BLS)
Occupational Group EmploymentAnnual Avg.
WageFood Preparation and Serving Related 10,460 $22,240
Office and Administrative Support 10,230 $32,860
Sales and Related 9,130 $33,990
Production 6,540 $29,910
Transportation and Material Moving 4,920 $30,220
Healthcare Practitioners and Technical 4,910 $74,640
Education, Training, and Library 4,540 $47,010
Building and Grounds Cleaning and Maintenance 3,600 $26,600
Installation, Maintenance, and Repair 3,200 $43,140
Construction and Extraction 3,110 $40,080
Healthcare Support 2,370 $28,100
Management 1,670 $11,430
Business and Financial Operations 1,540 $62,550
Largest Specific Occupations – Sussex 2014
Source: U.S. Dept. of Labor, Bureau of Labor Statistics
0 500 1,000 1,500 2,000 2,500 3,000 3,500 4,000
Supervisors/Retail Sales
Cooks, Restaurant
Stock Clerks
Office Clerks
Nursing Assistants
Secretaries
Bookkeeping, Accounting Clerks
Truck Drivers, Heavy
Landscaping and Groundskeeping
laborers/Material Movers
Janitors and Cleaners
Registered Nurses
Cashiers
Food Prep/Serving Workers (Fast Food)
Waiters and Waitresses
Meat/Poultry Fish Cutters
Retail Salespersons
1,010
1,030
1,070
1,070
1,080
1,080
1,140
1,170
1,200
1,300
1,350
1,720
2,220
2,290
2,340
2,840
3,880
Ann. Wages for SelectedOccupations – Sussex 2014
Source: U.S. Dept. of Labor, Bureau of Labor Statistics
$0 $30,000 $60,000 $90,000 $120,000 $150,000 $180,000
Machinists
HVAC Mechanics
Electricians
Accountants and Auditors
Registered Nurses
Electrical Engineers
Management Analysts
Computer Systems Analysts
Physical Therapists
Veterinarians
Lawyers
Family and General Practitioners
$43,970
$47,570
$51,150
$64,110
$69,530
$77,420
$85,430
$92,480
$96,260
$118,330
$123,680
$168,310