REGIONAL BASELINE MEASURES ROANOKE REGIONAL PARTNERSHIP 2 Roanoke

REGIONAL BASELINE MEASURES ROANOKE REGIONAL PARTNERSHIP

2

Roanoke Regional Partnership Counties of: • Alleghany, Botetourt, Franklin, Roanoke Cities of: • Covington, Roanoke, Salem 3

Data Included • Population Trends • Components of Population Change • Income and Wealth • Per Capita Income • Poverty • Employment • Total Employment Trends • Unemployment • Economic Sectors • Employment Trends by Industry Sector • Relative Concentration (Location Quotients) by Sector • Wages by Industry Sector 4

Data Included • Labor Force • • Labor Force Participation Commuting Educational Attainment Educational Awards • Firm Growth • • Jobs Created by Young Companies (5 years old or less) Jobs Created by Older Companies (greater than 10 years old) Jobs Created by Small Companies (less than 20 employees) Sole Proprietorships • Local Government Costs • Average Cost of Government Services 5

Population 6

Population Trends 7

Population Trends 8

Components of Population Change 9

Components of Population Change 10

Income and Wealth 11

Per Capita Income 12

Per Capita Income 13

Poverty 14

Poverty 15

Employment 16

Total Employment Trends 17

Total Employment Trends 18

Unemployment 19

Employment Sectors 20

Employment Trends by Industry Sector 21 *These data were compiled using county-level data available through the US Bureau of Labor Statistics. Due to confidentiality reasons the sector employment data are suppressed in some jurisdictions in certain years. These data suppressions can cause fluctuations in regional totals.

Employment Trends by Industry Sector 22 *Additional data available in accompanying spreadsheet for the years: 1996, 2000, 2005, 2010, 2015

Industry Wages by Sector (1996) 23 * Wages in 2015 dollars

Industry Wages by Sector (2000) 24 * Wages in 2015 dollars

Industry Wages by Sector (2005) 25 * Wages in 2015 dollars

Industry Wages by Sector (2010) 26 * Wages in 2015 dollars

Industry Wages by Sector (2015) 27

Labor Force 28

Labor Force Participation 29

Labor Force Participation 30

Commuting (Inflow/Outflow) 31

Commuting (Inflow/Outflow) 32 *Additional data available for each year 2002 -2014 in accompanying spreadsheet

Commuting (Inflow/Outflow) 33

Educational Attainment 34

Educational Attainment 35

Educational Awards 36

Educational Awards 37

Educational Awards 38

Firm Growth 39

Jobs Created by Young Companies (5 years old or less) 40

Jobs Created by Young Companies (5 years old or less) 41

Jobs Created by Older Companies (greater than 10 yrs. old) 42

Jobs Created by Older Companies (greater than 10 yrs. old) 43

Jobs Created by Small Companies (less than 20 employees) 44

Jobs Created by Small Companies (less than 20 employees) 45

Sole Proprietorships (as a percent of total employment) 46

Sole Proprietorships 47

Local Government Costs 48

Average Cost of Government Services (Per Capita Local Government Expenditures) 49

Average Cost of Government Services (Per Capita Local Government Expenditures) 50

Thank You Terry L. Clower Ph. D. – tclower@gmu. edu Mark C. White Ph. D. – mwhite@gmu. edu Spencer A. Shanholtz – sshanhol@gmu. edu cra. gmu. edu @GMU_CRA 51