Camden County, MO Michele Kroll, Community Development Specialist, krollm@missouri.edu Emsi Q1 2018 Data Set www.economicmodeling.com
Contents. Economy........ Overview......................................................................................... 1... Historic.......&.. Projected......... Trends............................................................................... 4... Popula on......... Characteris cs........................................................................................ 8... Industry....... Characteris cs......................................................................................... 10... Business......... Characteris cs........................................................................................ 16... Workforce........... Characteris cs...................................................................................... 18... Educa onal........... Pipeline...................................................................................... 25... Emsi Q1 2018 Data Set www.economicmodeling.com
Economy Overview 44,686 18,673 $46.7K Popula on (2017) Jobs (2017) Median Household Income (2016) Popula on grew by 773 over the last 5 years and is projected to grow by 861 over the next 5 years. Jobs grew by 645 over the last 5 years and are projected to grow by 491 over the next 5 years. Median household income is $8.6K below the na onal median household income of $55.3K. As of 2017 the region's popula on increased by 1.8% since 2012, growing by 773. Popula on is expected to increase by 1.9% between 2017 and 2022, adding 861. From 2012 to 2017, jobs increased by 3.6% in Camden County, MO from 18,028 to 18,673. This change fell short of the na onal growth rate of 7.6% by 4.0%. As the number of jobs increased, the labor force par cipa on rate decreased from 49.1% to 47.1% between 2012 and 2017. Concerning educa onal a ainment, 13.1% of Camden County, MO residents possess a Bachelor's Degree (5.3% below the na onal average), and 7.2% hold an Associate's Degree (0.7% below the na onal average). The top three industries in 2017 are Restaurants and Other Ea ng Places, General Medical and Surgical Hospitals, and Traveler Accommoda on. Emsi Q1 2018 Data Set www.economicmodeling.com 1
Economy Overview - Cont. Popula on (2017) Labor Force (2017) Jobs (2017) Cost of Living GRP Imports Exports Region 44,686 17,909 18,673 92.6 $1.24B $1.76B $1.16B Morgan County, MO 20,191 7,555 5,205 93.3 $392.83M $853.30M $451.03M Laclede County, MO 35,530 16,204 15,234 90.5 $1.05B $1.85B $1.67B Miller County, MO 25,284 11,655 8,055 89.8 $550.34M $1.07B $713.84M Missouri 6,112,831 3,021,924 3,104,042 92.8 $283.94B $274.39B $336.62B Emsi Q1 2018 Data Set www.economicmodeling.com 2
Economy Overview - Cont. 2017 Labor Force Breakdown Popula on A Total Working Age Popula on 37,989 A Not in Labor Force (15+) 20,080 44,686 Popula on A Labor Force 17,909 A Employed 17,132 A Unemployed 777 A Under 15 6,697 Educa onal A ainment Concerning educa onal a ainment, 13.1% of Camden County, MO residents possess a Bachelor's Degree (5.3% below the na onal average), and 7.2% hold an Associate's Degree (0.7% below the na onal average). % of Popula on Popula on A Less Than 9th Grade 4.4% 1,485 A 9th Grade to 12th Grade 7.9% 2,668 A High School Diploma 35.7% 12,042 A Some College 24.0% 8,106 A Associate's Degree 7.2% 2,436 A Bachelor's Degree 13.1% 4,420 A Graduate Degree and Higher 7.7% 2,614 Emsi Q1 2018 Data Set www.economicmodeling.com 3
Historic & Projected Trends Popula on Trends Economy Overview As of 2017 the region's popula on increased by 1.8% since 2012, growing by 773. Popula on is expected to increase by 1.9% between 2017 and 2022, adding 861. Timeframe Popula on 2012 43,914 2013 43,891 2014 44,130 2015 44,329 2016 44,497 2017 44,686 2018 44,891 2019 45,078 2020 45,249 2021 45,406 2022 45,547 Emsi Q1 2018 Data Set www.economicmodeling.com 4
Historic & Projected Trends - Cont. Job Trends Economy Overview From 2012 to 2017, jobs increased by 3.6% in Camden County, MO from 18,028 to 18,673. This change fell short of the na onal growth rate of 7.6% by 4.0%. Timeframe Jobs 2012 18,028 2013 18,022 2014 18,145 2015 18,298 2016 18,578 2017 18,673 2018 18,831 2019 18,954 2020 19,052 2021 19,131 2022 19,164 Emsi Q1 2018 Data Set www.economicmodeling.com 5
Historic & Projected Trends - Cont. Labor Force Par cipa on Rate Trends Timeframe Labor Force Par cipa on Rate 2012 51.13% 2013 50.64% 2014 50.41% 2015 50.02% 2016 50.18% January - August 2017 49.26% September 2017 51.59% October 2017 48.38% November 2017 47.14% Emsi Q1 2018 Data Set www.economicmodeling.com 6
Historic & Projected Trends - Cont. Unemployment Rate Trends Camden County, MO had a November 2017 unemployment rate of 4.34%, decreasing from 9.62% 5 years before. Timeframe Unemployment Rate 2012 9.62% 2013 9.24% 2014 8.17% 2015 6.59% 2016 5.78% January - August 2017 5.32% September 2017 3.71% October 2017 2.75% November 2017 4.34% Emsi Q1 2018 Data Set www.economicmodeling.com 7
Popula on Characteris cs 6,192 11,467 2,560 Millennials Re ring Soon Racial Diversity Camden County, MO has 6,192 millennials (ages 20-34). The na onal average for an area this size is 9,234. Re rement risk is high in Camden County, MO. The na onal average for an area this size is 6,781 people 65 or older, while there are 11,467 here. Racial diversity is low in Camden County, MO. The na onal average for an area this size is 17,235 racially diverse people, while there are 2,560 here. 4,726 3.41/1,000 22.42/1,000 Veterans Violent Crime Property Crime Camden County, MO has 4,726 veterans. The na onal average for an area this size is 2,601. Camden County, MO has 3.41 violent crimes per 1,000 people. The na onal rate is 3.75 per 1,000 people. Camden County, MO has 22.42 property crimes per 1,000 people. The na onal rate is 24.22 per 1,000 people. Emsi Q1 2018 Data Set www.economicmodeling.com 8
Popula on Characteris cs - Cont. Place of Work vs Place of Residence Understanding where talent in Camden County, MO currently works compared to where talent lives can help you op mize site decisions. For example, the #1 ranked ZIP for employment ranks #2 for resident workers. The top ZIP for resident workers is 65020. High Inbound Commuters High Outbound Commuters Where Talent Works Where Talent Lives ZIP Name 2017 Employment ZIP Name 2017 Workers 65065 Osage Beach, MO (in Ca 7,195 65020 Camdenton, MO (in Cam 5,042 65049 Lake Ozark, MO (in Ca 3,578 65079 Sunrise Beach, MO (in C 1,177 65052 Linn Creek, MO (in Ca 667 65020 Camdenton, MO (in Cam 5,545 65065 Osage Beach, MO (in Ca 3,086 65049 Lake Ozark, MO (in Ca 3,039 65079 Sunrise Beach, MO (in C 1,572 65052 Linn Creek, MO (in Ca 1,545 Emsi Q1 2018 Data Set www.economicmodeling.com 9
Industry Characteris cs Largest Industries Industry Jobs Na onal Average Retail Trade Accommoda on and Food Services Health Care and Social Assistance Government Construc on Other Services (except Public Administra on) Arts, Entertainment, and Recrea on Manufacturing Administra ve and Support and Waste Management and Remedia on Services Professional, Scien fic, and Technical Services Finance and Insurance Real Estate and Rental and Leasing Wholesale Trade Transporta on and Warehousing Informa on Agriculture, Forestry, Fishing and Hun ng U li es Management of Companies and Enterprises Educa onal Services 0 1,000 2,000 3,000 Emsi Q1 2018 Data Set www.economicmodeling.com 10
Industry Characteris cs - Cont. Top Growing Industries Industry Jobs Growth Health Care and Social Assistance Accommoda on and Food Services Construc on d Support and Waste Management and Remedia on Services Arts, Entertainment, and Recrea on Professional, Scien fic, and Technical Services Wholesale Trade Government Educa onal Services 0 50 100 150 200 Emsi Q1 2018 Data Set www.economicmodeling.com 11
Industry Characteris cs - Cont. Top Industry LQ Industry LQ Arts, Entertainment, and Recrea on Accommoda on and Food Services Retail Trade Real Estate and Rental and Leasing Construc on U li es Health Care and Social Assistance Other Services (except Public Administra on) Government Finance and Insurance Informa on Wholesale Trade d Support and Waste Management and Remedia on Services Agriculture, Forestry, Fishing and Hun ng Manufacturing Professional, Scien fic, and Technical Services Transporta on and Warehousing Management of Companies and Enterprises Educa onal Services 0.00 0.50 1.00 1.50 2.00 Emsi Q1 2018 Data Set www.economicmodeling.com 12
Industry Characteris cs - Cont. Top Industry Earnings 2017 Earnings Per Worker U li es Health Care and Social Assistance Management of Companies and Enterprises Finance and Insurance Wholesale Trade Transporta on and Warehousing Professional, Scien fic, and Technical Services Government Manufacturing Informa on Construc on Real Estate and Rental and Leasing Retail Trade Agriculture, Forestry, Fishing and Hun ng d Support and Waste Management and Remedia on Services Arts, Entertainment, and Recrea on Other Services (except Public Administra on) Educa onal Services Accommoda on and Food Services $0 $20,000 $40,000 $60,000 $80,000 Emsi Q1 2018 Data Set www.economicmodeling.com 13
Industry Characteris cs - Cont. Industry 2012 Jobs 2017 Jobs Change in Jobs % Change in Jobs 2017 LQ 2017 Earnings Per Worker Retail Trade 3,611 3,550-61 -2% 1.84 $29,238 Accommoda on and Food Services 3,185 3,382 197 +6% 2.11 $21,073 Health Care and Social Assistance 2,293 2,496 203 +9% 1.06 $57,463 Government 2,036 2,046 10 +0% 0.71 $46,059 Construc on 1,333 1,526 193 +14% 1.50 $37,598 Other Services (except Public Administra on) 938 840-98 -10% 0.94 $25,470 Arts, Entertainment, and Recrea on 632 751 119 +19% 2.35 $25,941 Manufacturing 730 724-6 -1% 0.49 $44,130 Administra ve and Support and Waste Management and Remedia on Services 503 666 163 +32% 0.57 $28,073 Professional, Scien fic, and Technical Services 486 534 48 +10% 0.45 $46,326 Finance and Insurance 509 487-22 -4% 0.67 $51,761 Real Estate and Rental and Leasing 502 482-20 -4% 1.55 $32,214 Wholesale Trade 374 406 32 +9% 0.58 $50,397 Transporta on and Warehousing 277 272-5 -2% 0.42 $48,177 Informa on 257 207-50 -19% 0.60 $38,861 Emsi Q1 2018 Data Set www.economicmodeling.com 14
Industry Characteris cs - Cont. Industry 2012 Jobs 2017 Jobs Change in Jobs % Change in Jobs 2017 LQ 2017 Earnings Per Worker Agriculture, Forestry, Fishing and Hun ng 150 114-36 -24% 0.51 $28,658 U li es 106 94-12 -11% 1.44 $90,136 Management of Companies and Enterprises 61 51-10 -16% 0.19 $53,196 Educa onal Services 38 41 3 +8% 0.08 $21,790 Emsi Q1 2018 Data Set www.economicmodeling.com 15
Business Characteris cs 1,628 Companies Employ Your Workers Online profiles for your workers men on 1,628 companies as employers, with the top 10 appearing below. In the last 12 months, 640 companies in Camden County, MO posted job pos ngs, with the top 10 appearing below. Top Companies Profiles Top Companies Pos ng Unique Pos ngs Lake Regional Health System 88 Camdenton R3 School District 30 Remax Lake of The Ozarks Inc 24 Tan-Tar-A Estates, LLC 19 New Tribes Mission, Inc. 18 Camdenton R-III School District 14 Central Bank of Lake of The Oz 14 Missouri Department of Public 14 City of Osage Beach 11 Lodge of Four Seasons 11 Hogan Transports Inc 788 CRST Interna onal, Inc. 639 Dollar General Corpora on 461 Hy-Vee, Inc. 432 Pizza Hut, Inc. 346 USA Truck, Inc. 341 C.R. England, Inc. 338 Wal-Mart Stores, Inc. 322 Averi Express, Inc. 318 McDonald's Corpora on 246 Emsi Q1 2018 Data Set www.economicmodeling.com 16
Business Characteris cs - Cont. Business Size Percentage Business Count A 1 to 4 employees 49.9% 1,293 A 5 to 9 employees 24.3% 629 A 10 to 19 employees 14.8% 384 A 20 to 49 employees 8.3% 215 A 50 to 99 employees 2.0% 52 A 100 to 249 employees 0.4% 11 A 250 to 499 employees 0.2% 4 A 500+ employees 0.2% 5 *Business Data by DatabaseUSA.com is third-party data provided by Emsi to its customers as a convenience, and Emsi does not endorse or warrant its accuracy or consistency with other published Emsi data. In most cases, the Business Count will not match total companies with profiles on the summary tab. Emsi Q1 2018 Data Set www.economicmodeling.com 17
Workforce Characteris cs Largest Occupa ons Occupa on Jobs Na onal Average Food Prepara on and Serving Related Sales and Related Office and Administra ve Support Construc on and Extrac on Building and Grounds Cleaning and Maintenance Healthcare Prac oners and Technical Transporta on and Material Moving Installa on, Maintenance, and Repair Personal Care and Service Management Produc on Educa on, Training, and Library Healthcare Support Business and Financial Opera ons Protec ve Service Community and Social Service Arts, Design, Entertainment, Sports, and Media Military Computer and Mathema cal Architecture and Engineering Legal Farming, Fishing, and Forestry Life, Physical, and Social Science 0 500 1,000 1,500 2,000 2,500 Emsi Q1 2018 Data Set www.economicmodeling.com 18
Workforce Characteris cs - Cont. Top Growing Occupa ons Occupa on Jobs Growth Food Prepara on and Serving Related Personal Care and Service Construc on and Extrac on Building and Grounds Cleaning and Maintenance Transporta on and Material Moving Installa on, Maintenance, and Repair Produc on Educa on, Training, and Library Community and Social Service Office and Administra ve Support Healthcare Support Life, Physical, and Social Science Legal 0 50 100 150 Emsi Q1 2018 Data Set www.economicmodeling.com 19
Workforce Characteris cs - Cont. Top Occupa on LQ Occupa on LQ Food Prepara on and Serving Related Building and Grounds Cleaning and Maintenance Construc on and Extrac on Sales and Related Installa on, Maintenance, and Repair Personal Care and Service Healthcare Prac oners and Technical Office and Administra ve Support Community and Social Service Management Transporta on and Material Moving Healthcare Support Produc on Arts, Design, Entertainment, Sports, and Media Educa on, Training, and Library Military Protec ve Service Legal Farming, Fishing, and Forestry Business and Financial Opera ons Architecture and Engineering Life, Physical, and Social Science Computer and Mathema cal 0.00 0.50 1.00 1.50 Emsi Q1 2018 Data Set www.economicmodeling.com 20
Workforce Characteris cs - Cont. Top Occupa on Earnings 2016 Avg. Hourly Earnings Legal Healthcare Prac oners and Technical Management Life, Physical, and Social Science Architecture and Engineering Business and Financial Opera ons Computer and Mathema cal Educa on, Training, and Library Community and Social Service Installa on, Maintenance, and Repair Arts, Design, Entertainment, Sports, and Media Military Construc on and Extrac on Protec ve Service Office and Administra ve Support Transporta on and Material Moving Sales and Related Produc on Farming, Fishing, and Forestry Healthcare Support Building and Grounds Cleaning and Maintenance Personal Care and Service Food Prepara on and Serving Related $0.00 $5.00 $10.00 $15.00 $20.00 $25.00 $30.00 Emsi Q1 2018 Data Set www.economicmodeling.com 21
Workforce Characteris cs - Cont. Top Posted Occupa ons Unique Average Monthly Pos ngs Transporta on and Material Moving Sales and Related Healthcare Prac oners and Technical Food Prepara on and Serving Related Office and Administra ve Support Personal Care and Service Installa on, Maintenance, and Repair Management Building and Grounds Cleaning and Maintenance Healthcare Support Protec ve Service Arts, Design, Entertainment, Sports, and Media Construc on and Extrac on Business and Financial Opera ons Community and Social Service Computer and Mathema cal Educa on, Training, and Library Produc on Architecture and Engineering 0 200 400 600 Emsi Q1 2018 Data Set www.economicmodeling.com 22
Workforce Characteris cs - Cont. Occupa on 2012 Jobs 2017 Jobs Change in Jobs % Change in Jobs 2017 LQ 2016 Avg. Hourly Earnings Feb 2017 - Jan 2018 Unique Average Monthly Pos ngs Food Prepara on and Serving Related 2,688 2,863 175 +7% 1.83 $11.26 127 Sales and Related 2,781 2,707-74 -3% 1.46 $14.77 283 Office and Administra ve Support Construc on and Extrac on Building and Grounds Cleaning and Maintenance Healthcare Prac oners and Technical Transporta on and Material Moving Installa on, Maintenance, and Repair Personal Care and Service 2,531 2,546 15 +1% 0.91 $14.91 97 1,092 1,217 125 +11% 1.46 $17.08 11 981 1,088 107 +11% 1.56 $12.23 18 1,059 1,044-15 -1% 1.02 $32.06 137 940 992 52 +6% 0.81 $14.78 736 841 885 44 +5% 1.25 $18.99 30 728 857 129 +18% 1.11 $11.43 36 Management 846 833-13 -2% 0.82 $30.25 28 Produc on 779 818 39 +5% 0.75 $14.30 3 Educa on, Training, and Library 686 718 32 +5% 0.68 $20.22 3 Healthcare Support 404 409 5 +1% 0.80 $13.31 16 Business and Financial Opera ons 385 379-6 -2% 0.40 $27.65 11 Protec ve Service 267 267 0 0% 0.64 $16.57 12 Emsi Q1 2018 Data Set www.economicmodeling.com 23
Workforce Characteris cs - Cont. Occupa on 2012 Jobs 2017 Jobs Change in Jobs % Change in Jobs 2017 LQ 2016 Avg. Hourly Earnings Feb 2017 - Jan 2018 Unique Average Monthly Pos ngs Community and Social Service Arts, Design, Entertainment, Sports, and Media 240 266 26 +11% 0.87 $19.87 7 239 238-1 0% 0.70 $18.46 12 Military 152 152 0 0% 0.65 $18.31 0 Computer and Mathema cal Architecture and Engineering 114 114 0 0% 0.22 $25.87 6 104 102-2 -2% 0.33 $29.05 2 Legal 72 75 3 +4% 0.49 $34.82 0 Farming, Fishing, and Forestry Life, Physical, and Social Science 65 64-1 -2% 0.45 $14.07 0 35 39 4 +11% 0.26 $29.50 0 Emsi Q1 2018 Data Set www.economicmodeling.com 24
Educa onal Pipeline In 2016, there were 13 graduates in Camden County, MO. This pipeline has shrunk by 13% over the last 5 years. The highest share of these graduates come from Marine Maintenance/Fi er and Ship Repair Technology/Technician, Autobody/Collision and Repair Technology/Technician, and Computer Technology/Computer Systems Technology. School Total Graduates (2016) Graduate Trend (2012-2016) Lake Career and Technical Center 13 Cer ficate Associate's Bachelor's Master's or Higher Emsi Q1 2018 Data Set www.economicmodeling.com 25