Sussex Demographic and Labor Market Trends. Quick Facts
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1 Sussex Demographic and Labor Market Trends Quick Facts Ed Simon (302) October 2015
2 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.
3 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
4 Overview (Continued) Real Estate Existing home sales for 2015 are well ahead of the same period for ,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.
5 Unemployment Trend During the past couple of years the rates are showing major improvement. Year Sussex DE US % 8.4% 9.6% % 7.5% 8.9% % 7.2% 8.1% % 6.7% 7.4% % 5.7% 6.2% 2015 Est 4.5% 4.7% 5.3% Source: U.S. Dept. of Labor, Bureau of Labor Statistics
6 % Change Sussex Jobs Are Increasing Sussex Delaware U.S Base Year -5 '02 '03 '04 '05 '06 '07 '08 '09 '10 '11 '12 '13 '14 '15 Sussex Trends: Jobs grew faster at first and then declined more slowly. During the past few years Sussex has had modest job growth. Source: U.S. Dept. of Labor, Bureau of Labor Statistics
7 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.
8 Market Value of Agr. Products Sold - $921 Million in Sussex $249 Million Crops $672 Million Livestock, Poultry Poultry and Eggs represent about 71% Of total Agr. Products sold in Sussex Source: 2012 Census of Agriculture
9 People Demographic Trends I ve included some charts with population data. I can provide additional or alternative data if you wish.
10 In an Average Month in Sussex Persons are born 195 Persons die 327 Persons move here from another area Source: U.S. Census Bureau (7/13 to 7/14)
11 Sussex Population Growth is Steady (Annual Change) Net Migration Natural Increase Source: U.S. Census Bureau
12 Long Term Population Trends Sussex 300, , , : 28% in to 43% in , ,000 Age 55+ Under 55 50, Source: Delaware Population Consortium
13 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 Source: American Fact Finder
14 Major Sussex Industry Groups (2014 Employment) Wholesale & Retail Trade Leisure & Hospitality Healthcare Mfg, (Food) Education Prof & Business Serv. 0 5,000 10,000 15,000 Source: Del. Dept of Labor, OOLMI
15 Where Sussex Works (2014) 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 0 5,000 10,000 15,000 Source: Del. Dept of Labor, OOLMI; Census of Agriculture
16 Average Annual Wage by Ind. Sussex (2014) $36,319 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 $0 $10,000 $20,000 $30,000 $40,000 $50,000 $60,000
17 Largest Occupational Groups Sussex 2014 Occupational Group Employment Annual Avg. Wage Food 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 U.S. Dept. of Labor, Bureau of Labor Statistics, (BLS)
18 Largest Specific Occupations Sussex 2014 Retail Salespersons Meat/Poultry Fish Cutters Waiters and Waitresses Food Prep/Serving Workers (Fast Food) Cashiers Registered Nurses Janitors and Cleaners laborers/material Movers Landscaping and Groundskeeping Truck Drivers, Heavy Bookkeeping, Accounting Clerks Secretaries Nursing Assistants Office Clerks Stock Clerks Cooks, Restaurant Supervisors/Retail Sales 1,080 1,030 1,010 1,170 1,140 1,080 1,070 1,070 1,350 1,300 1,200 1,720 2,220 2,340 2,290 2,840 3, ,000 1,500 2,000 2,500 3,000 3,500 4,000 Source: U.S. Dept. of Labor, Bureau of Labor Statistics
19 Ann. Wages for Selected Occupations Sussex 2014 Family and General Practitioners Lawyers Veterinarians Physical Therapists Computer Systems Analysts Management Analysts Electrical Engineers Registered Nurses Accountants and Auditors Electricians HVAC Mechanics Machinists $123,680 $118,330 $96,260 $92,480 $85,430 $77,420 $69,530 $64,110 $51,150 $47,570 $43,970 $168,310 $0 $30,000 $60,000 $90,000 $120,000 $150,000 $180,000 Source: U.S. Dept. of Labor, Bureau of Labor Statistics
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SDs from Regional Peer Group Mean. SDs from Size Peer Group Mean
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SDs from Regional Peer Group Mean. SDs from Size Peer Group Mean
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SDs from Regional Peer Group Mean. SDs from Size Peer Group Mean
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SDs from Regional Peer Group Mean. SDs from Size Peer Group Mean
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SDs from Regional Peer Group Mean. SDs from Size Peer Group Mean
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SDs from Regional Peer Group Mean. SDs from Size Peer Group Mean
Family: Population Demographics Population Entire MSA 1731183 Central Cities (CC) 776733 Outside Central Cities 954450 Percent of Entire MSA 44.87% Population in CC Percent Change in Population from 1999
SDs from Regional Peer Group Mean. SDs from Size Peer Group Mean
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SDs from Regional Peer Group Mean. SDs from Size Peer Group Mean
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SDs from Regional Peer Group Mean. SDs from Size Peer Group Mean
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SDs from Regional Peer Group Mean. SDs from Size Peer Group Mean
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