LABOR MARKET EVALUATION COMMUNITY OVERVIEW Thurston County WA
LABOR MARKET EVALUATION & COMMUNITY OVERVIEW Thurston County, WA August 2013
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 2
General Demographic Comparison 30 -MINUTE DRIVE TIME 1 THURSTON COUNTY, WA PIERCE COUNTY, WA KING COUNTY, WA NATIONAL AVERAGE 430, 129 261, 531 824, 874 2, 004, 559 N/A 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 POPULATION GROWTH (20132018) 1. The 30 -minute drive time is from the intersection of I-5 & Hwy 101 3
Target Occupation Concentrations 30 -MINUTE DRIVE TIME 1 THURSTON COUNTY, WA PIERCE COUNTY, WA KING COUNTY, WA NATIONAL AVERAGE 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% 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% 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% 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% Healthcare Occupations Business & Financial Operations Transportation & Material Moving Production Occupations 1. The 30 -minute drive time is from the intersection of I-5 & Hwy 101 4
Average Labor Rate Comparison Production Occupations $30. 00 $26. 17 $26. 86 $24. 22 $25. 00 $23. 09 $20. 00 $15. 00 $14. 75 $15. 81 $16. 16 $15. 36 $14. 03 $16. 47 $16. 83 $14. 59 $10. 00 $5. 00 $0. 00 Production Laborer Thurston County 5 Production Helper Pierce County King County Machinist National Average
Average Labor Rate Comparison Transportation & Material Moving Occupations $20. 00 $18. 00 $16. 66 $17. 52 $17. 34 $15. 61 $16. 36 $14. 94 $14. 83 $17. 88 $16. 35 $15. 46 $15. 45 $14. 24 $14. 00 $12. 00 $10. 00 $8. 00 $6. 00 $4. 00 $2. 00 $0. 00 Warehouse Worker Thurston County 6 Order Filler Pierce County King County Forklift Operator National Average
Average Labor Rate Comparison Business & Financial Operations Occupations $45. 00 $40. 00 $38. 42 $34. 88 $35. 00 $30. 00 $26. 40 $27. 80 $36. 47 $35. 39 $29. 49 $27. 10 $25. 00 $20. 00 $18. 83 $19. 63 $20. 58 $17. 83 $15. 00 $10. 00 $5. 00 $0. 00 Customer Service Rep Thurston County 7 Accountant Pierce County King County Financial Analyst National Average
Average Labor Rate Comparison Healthcare Support & Practitioner Occupations $40. 00 $37. 52 $38. 02 $35. 90 $33. 99 $35. 00 $30. 00 $200, 000 $19. 17 $17. 61 $18. 21 $16. 52 $201, 951 $199, 087 $190, 000 $10. 00 $186, 299 $185, 000 $5. 00 8 $206, 831 $195, 000 $15. 00 $0. 00 $210, 000 $205, 000 $25. 00 $20. 00 General Practicioner $180, 000 Medical Assistant Registered Nurse Thurston County Pierce County King County National Average $175, 000 Thurston Pierce County King National County Average
Educational Attainment Statistics 35. 00% 30. 00% 25. 00% 20. 00% 15. 00% 10. 00% 5. 00% 0. 00% 30 -Minute Drive Time 9 Thurston County, WA Pierce County, WA King County, WA United States Less than 9 th grade Some High School, no diploma High School Graduate (or GED) Some College, no degree Associate Degree Bachelor's Degree Master's Degree Professional School Degree Doctorate Degree
Household Income Distribution 25. 00% 20. 00% 15. 00% 10. 00% 5. 00% 0. 00% Less than $15, 000 to $25, 000 to $35, 000 to $50, 000 to $75, 000 to $100, 000 to $125, 000 to $150, 000 to $200, 000 to $500, 000 or $15, 000 $24, 999 $34, 999 $49, 999 $74, 999 $99, 999 $124, 999 $149, 999 $199, 999 $499, 999 more 30 -Minute Drive Time 10 Thurston County, WA Pierce County, WA King County, WA United States
Cost of Living Indicators Cost of Living 160 140 120 Median Household Income $80, 000 144. 0 112. 2 $70, 000 112. 8 100. 0 100 $60, 000 $53, 030 $40, 000 60 $30, 000 40 $20, 000 20 $10, 000 $57, 324 $49, 297 $0 Thurston County Pierce County King County National Average 30 -Minute Drive Time Thurston County Median Housing Value $350, 000 $300, 000 $250, 000 $200, 000 $150, 000 $100, 000 $50, 000 $0 30 -Minute Drive Time 11 $68, 214 $50, 000 80 0 $61, 270 Thurston County Pierce County King County National Average
Regional Map 12
For additional information please contact: Site Selection Group, LLC 8300 Douglas Ave. Suite 700 Dallas, TX 75225 (214) 271 -0580 www. siteselectiongroup. com
- Slides: 13