kaufman county, txreports.dfwjobs.com/lmi/profiles/kaufman.pdfkaufman county, tx 600 six flags...

Economy Overview

Kaufman County, TX

600 Six Flags Drive, Suite 300

Arlington, Texas 76005

Emsi Q1 2020 Data Set | www.economicmodeling.com

Economy Overview


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Contents

Report Parameters

Economy Overview

Historic & Projected Trends

Popula on Characteris cs

Industry Characteris cs

Business Characteris cs

Workforce Characteris cs

Educa onal Pipeline

In-Demand Skills

Economy Overview


1 County

Class of Worker

QCEW Employees, Non-QCEW Employees, and Self-Employed

The informa on in this report pertains to the chosen geographical area.

Report Parameters

48257 Kaufman County, TX

Economy Overview

Emsi Q1 2020 Data Set | www.economicmodeling.com 1

Economy Overview

Takeaways

As of 2019 the region's popula on increased by 18.8% since 2014, growing by 20,896. Popula on is expected to increase by

11.7% between 2019 and 2024, adding 15,440.

From 2014 to 2019, jobs increased by 13.8% in Kaufman County, TX from 33,177 to 37,752. This change outpaced the

na onal growth rate of 7.3% by 6.5%. As the number of jobs increased, the labor force par cipa on rate increased from 63.3%

to 63.4% between 2014 and 2019.

Concerning educa onal a ainment, 13.5% of Kaufman County, TX residents possess a Bachelor's Degree (5.3% below the

na onal average), and 7.6% hold an Associate's Degree (0.5% below the na onal average).

The top three industries in 2019 are Educa on and Hospitals (Local Government), Restaurants and Other Ea ng Places, and

Building Equipment Contractors.

131,810 37,752 $63.9KPopula on (2019) Total Regional Employment Median Household Income (2017)

Popula on grew by 20,896 overthe last 5 years and is projected to

grow by 15,440 over the next 5years.

Jobs grew by 4,575 over the last5 years and are projected to grow

by 4,282 over the next 5 years.

Median household income is$6.3K above the na onal median

household income of $57.7K.

Region 131,810 64,302 37,752 94.2 $3.69B $7.39B $3.78B

WSNCT Service Area 3,008,708 1,590,685 1,135,142 96.9 $144.34B $164.56B $112.04B

16-County Region 7,797,634 4,084,633 4,030,271 98.0 $544.73B $327.32B $395.49B

City of McKinney ZipCodes

224,683 N/A 83,218 105.2 $10.63B $15.78B $11.22B

Na on 329,399,330 164,576,320 164,699,638 100.0 $20.78T $0 $8.91T

Popula on(2019)

LaborForce

(2019) Jobs (2019)

Costof

Living GRP Imports Exports

Economy Overview


2019 Labor Force Breakdown

Popula on

131,810

Educa onal A ainment

Concerning educa onal a ainment, 13.5% of Kaufman County, TX residents possess a Bachelor's Degree (5.3% below the

na onal average), and 7.6% hold an Associate's Degree (0.5% below the na onal average).

Popula on

A Total Working Age Popula on 101,355

A Not in Labor Force (15+) 37,053

A Labor Force 64,302

A Employed 62,300

A Unemployed 2,002

A Under 15 30,455

% of Popula on Popula on

A Less Than 9th Grade 8.6% 7,295

A 9th Grade to 12th Grade 7.0% 5,947

A High School Diploma 33.0% 27,930

A Some College 23.7% 20,059

A Associate's Degree 7.6% 6,459

A Bachelor's Degree 13.5% 11,472

A Graduate Degree and Higher 6.6% 5,588

Economy Overview


Historic & Projected Trends

Popula on Trends

As of 2019 the region's popula on increased by 18.8% since 2014, growing by 20,896. Popula on is expected to increase by

11.7% between 2019 and 2024, adding 15,440.

2014 110,914

2015 114,141

2016 118,032

2017 122,847

2018 128,623

2019 131,810

2020 135,453

2021 138,802

2022 141,873

2023 144,684

2024 147,250

Timeframe Popula on

Economy Overview


Job Trends

From 2014 to 2019, jobs increased by 13.8% in Kaufman County, TX from 33,177 to 37,752. This change outpaced the na onal

growth rate of 7.3% by 6.5%.

2014 33,177

2015 34,500

2016 35,827

2017 37,162

2018 37,187

2019 37,752

2020 38,964

2021 39,969

2022 40,820

2023 41,555

2024 42,034

Timeframe Jobs

Economy Overview


Labor Force Par cipa on Rate Trends

2014 62.85%

2015 62.70%

2016 63.60%

2017 63.77%

2018 62.45%

January - July 2019 62.42%

August 2019 62.81%

September 2019 63.15%

October 2019 63.44%

Timeframe Labor Force Par cipa on Rate

Economy Overview


Unemployment Rate Trends

Kaufman County, TX had an October 2019 unemployment rate of 3.11%, decreasing from 5.14% 5 years before.

2014 5.14%

2015 4.07%

2016 3.78%

2017 3.55%

2018 3.47%

January - July 2019 3.31%

August 2019 3.35%

September 2019 3.10%

October 2019 3.11%

Timeframe Unemployment Rate

Economy Overview


Kaufman County, TX has 26,989

millennials (ages 25-39). The

na onal average for an area this

size is 26,443.

Re rement risk is low in Kaufman

County, TX. The na onal average

for an area this size is 37,232

people 55 or older, while there are

30,372 here.

Racial diversity is about average in

Kaufman County, TX. The na onal

average for an area this size is

50,959 racially diverse people,

while there are 48,633 here.

Kaufman County, TX has 6,698

veterans. The na onal average for

an area this size is 7,156.

Kaufman County, TX has 2.33

violent crimes per 1,000 people.

The na onal rate is 3.87 per 1,000

people.

Kaufman County, TX has 16.14

property crimes per 1,000 people.

The na onal rate is 22.98 per

1,000 people.

Popula on Characteris cs

26,989

Millennials

30,372

Re ring Soon

48,633

Racial Diversity

6,698

Veterans

2.33/1,000

Violent Crime

16.14/1,000

Property Crime

Economy Overview


Where Talent Works Where Talent Lives

Place of Work vs Place of Residence

Understanding where talent in Kaufman County, TX 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

75126.

75160 Terrell, TX (in Kaufman county)… 12,702

75126 Forney, TX (in Kaufman county)… 11,631

75142 Kaufman, TX (in Kaufman county)… 5,723

75147 Mabank, TX (in Kaufman county)… 2,601

75143 Kemp, TX (in Kaufman county)… 2,316

ZIP Name2019

Employment

75126 Forney, TX (in Kaufman county)… 26,691

75160 Terrell, TX (in Kaufman county)… 13,549

75142 Kaufman, TX (in Kaufman county)… 10,704

75143 Kemp, TX (in Kaufman county)… 5,032

75147 Mabank, TX (in Kaufman county)… 3,831

ZIP Name2019

Workers

Economy Overview


Industry Characteris cs

Largest Industries

Industry Jobs Na onal Average

0 2,000 4,000 6,000

Government

Retail Trade

Manufacturing

Construc on

Accommoda on and Food Services

Health Care and Social Assistance

Other Services (except Public Administra on)

Transporta on and Warehousing

Administra ve and Support and Waste Management andRemedia on Services

Wholesale Trade

Professional, Scien fic, and Technical Services

Finance and Insurance

Arts, Entertainment, and Recrea on

Educa onal Services

Real Estate and Rental and Leasing

U li es

Agriculture, Forestry, Fishing and Hun ng

Informa on

Mining, Quarrying, and Oil and Gas Extrac on

Economy Overview


Top Growing Industries

Industry Jobs Growth

0 200 400 600

Construc on


Government

Manufacturing



Retail Trade





Wholesale Trade

Informa on

U li es


Economy Overview


Top Industry LQ

Industry LQ

0.00 1.00

U li es

Construc on


Manufacturing

Government


Retail Trade


Wholesale Trade








Educa onal Services


Informa on

Economy Overview


Top Industry GRP

2019 Gross Regional Product

$0.000 $100.0M $200.0M $300.0M $400.0M $500.0M

Manufacturing

Government

Construc on

Retail Trade

Wholesale Trade





U li es







Informa on


Educa onal Services

Economy Overview


Top Industry Earnings

2019 Earnings Per Worker

$0 $20,000 $40,000 $60,000 $80,000 $100,000 $120,000

U li es


Wholesale Trade




Manufacturing

Government

Construc on



Informa on



Retail Trade


Educa onal Services



Economy Overview


Government 6,687 7,271 584 +9% 1.29 $59,495 $468.51M

Retail Trade 4,219 4,612 393 +9% 1.23 $33,002 $264.54M

Manufacturing 3,955 4,534 579 +15% 1.52 $66,768 $516.11M

Construc on 3,082 3,868 786 +26% 1.80 $54,326 $309.78M

Accommoda on and Food Services 2,828 3,341 513 +18% 1.03 $17,808 $97.16M

Health Care and Social Assistance 2,889 3,266 377 +13% 0.68 $47,869 $189.12M

Other Services (except PublicAdministra on)

1,799 2,288 489 +27% 1.28 $34,095 $111.70M

Transporta on and Warehousing 1,557 2,142 585 +38% 1.52 $69,281 $188.70M

Administra ve and Support and WasteManagement and Remedia onServices

1,426 1,266 -160 -11% 0.54 $35,204 $65.39M

Wholesale Trade 1,177 1,233 56 +5% 0.89 $76,656 $222.19M

Professional, Scien fic, and TechnicalServices

1,061 1,216 155 +15% 0.49 $79,106 $158.98M

Finance and Insurance 849 864 15 +2% 0.57 $73,396 $169.13M

Arts, Entertainment, and Recrea on 282 406 124 +44% 0.61 $21,209 $19.28M

Educa onal Services 414 378 -36 -9% 0.39 $21,916 $10.26M

Real Estate and Rental and Leasing 278 344 66 +24% 0.54 $51,770 $75.32M

U li es 211 254 43 +20% 1.99 $124,816 $115.17M

Agriculture, Forestry, Fishing andHun ng

220 220 0 0% 0.50 $31,333 $111.78M

Informa on 110 164 54 +49% 0.24 $43,918 $44.98M

Mining, Quarrying, and Oil and GasExtrac on

111 55 -56 -50% 0.34 $75,030 $77.99M

Industry2014Jobs

2019Jobs Change in Jobs

%Changein Jobs

2019LQ

2019 EarningsPer Worker 2019 GRP

Economy Overview


Business Characteris cs

13,533 Companies Employ Your Workers

Online profiles for your workers men on 13,533 companies as employers, with the top 10 appearing below. In the last 12 months,

1,554 companies in Kaufman County, TX posted job pos ngs, with the top 10 appearing below.

Wal-Mart Stores, Inc. 272

Forney Independent School District… 187

AT&T Inc. 111

Terrell State Hospital 105

Texas Health Resources 96

Mesquite Independent School District… 90

Dallas Isd 88

Baylor Sco & White Health 83

Crandall, Inc. 81

Bank of America Corpora on 79

Top Companies Profiles

CRST Interna onal, Inc. 532

McKesson Corpora on 314

Dollar General Corpora on 307

C.R. England, Inc. 256

Care.com, Inc. 225

HealthCare Employment Network… 198

Hub Group, Inc. 187

Teach For America, Inc. 178

U.S. Xpress, Inc. 178

Wal-Mart, Inc. 172

Top Companies Pos ng Unique Pos ngs

Economy Overview


Business Size

*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.

Percentage Business Count

A 1 to 4 employees 33.5% 1,067

A 5 to 9 employees 30.3% 964






A 500+ employees 0.1% 3

Economy Overview


Workforce Characteris cs

Largest Occupa ons

Occupa on Jobs Na onal Average

0 1,000 2,000 3,000 4,000 5,000

Office and Administra ve Support

Sales and Related

Food Prepara on and Serving Related

Educa on, Training, and Library

Transporta on and Material Moving

Produc on

Construc on and Extrac on

Installa on, Maintenance, and Repair

Management

Healthcare Prac oners and Technical

Personal Care and Service

Building and Grounds Cleaning and Maintenance

Business and Financial Opera ons

Healthcare Support

Protec ve Service

Community and Social Service

Arts, Design, Entertainment, Sports, and Media

Computer and Mathema cal

Architecture and Engineering

Legal

Farming, Fishing, and Forestry

Military-only

Life, Physical, and Social Science

Economy Overview


Top Growing Occupa ons

Occupa on Jobs Growth

0 100 200 300 400 500





Produc on

Sales and Related

Management











Protec ve Service

Healthcare Support

Legal


Military-only


Economy Overview


Top Occupa on LQ

Occupa on LQ

0.00 1.00



Produc on




Sales and Related

Protec ve Service




Healthcare Support

Management





Legal



Military-only



Economy Overview


Top Occupa on Earnings

2018 Median Hourly Earnings

$0.00 $10.00 $20.00 $30.00 $40.00

Legal

Management








Protec ve Service






Produc on

Military-only

Healthcare Support

Sales and Related





Economy Overview


Top Posted Occupa ons

Unique Average Monthly Pos ngs

0 200 400 600 800 1,000


Sales and Related




Management



Produc on



Healthcare Support






Protec ve Service



Legal


Economy Overview


Underemployment

Jobs Requiring Ed. Level Popula on at Ed. Level

0% 10% 20% 30% 40%

No Formal Educa on Required

High School Diploma or Equivalent

Some College, Non-Degree Award

Associate's Degree

Bachelor's Degree

Graduate Degree and Higher

Economy Overview


Office andAdministra ve Support

4,440 4,833 393 +9% 0.90 $15.83 215

Sales and Related 3,607 3,877 270 +7% 1.04 $11.72 425

Food Prepara on andServing Related

2,898 3,409 511 +18% 1.08 $9.11 226

Educa on, Training, andLibrary

3,094 3,342 248 +8% 1.57 $23.59 72

Transporta on andMaterial Moving

2,485 3,047 562 +23% 1.17 $17.23 1,030

Produc on 2,617 2,938 321 +12% 1.34 $14.77 93

Construc on andExtrac on

2,358 2,918 560 +24% 1.65 $17.04 25

Installa on,Maintenance, and Repair

1,642 1,812 170 +10% 1.23 $18.86 100

Management 1,516 1,766 250 +16% 0.82 $39.62 156

Healthcare Prac onersand Technical

1,450 1,640 190 +13% 0.78 $27.31 218

Personal Care andService

1,128 1,348 220 +20% 0.80 $9.40 98

Building and GroundsCleaning andMaintenance

1,097 1,254 157 +14% 0.92 $10.74 39

Business and FinancialOpera ons

1,019 1,177 158 +16% 0.59 $31.17 66

Healthcare Support 796 851 55 +7% 0.84 $12.18 55

Protec ve Service 773 831 58 +8% 0.99 $21.07 18

Community and SocialService

484 604 120 +25% 0.95 $22.83 13

Arts, Design,Entertainment, Sports,and Media

430 532 102 +24% 0.78 $19.43 33

Computer andMathema cal

438 530 92 +21% 0.48 $36.25 42

Occupa on2014Jobs


%Changein Jobs

2019LQ

2018 MedianHourly Earnings

Jan 2019 - Dec 2019Unique Average Monthly

Pos ngs

Economy Overview


Architecture andEngineering

348 428 80 +23% 0.67 $34.66 34

Legal 178 206 28 +16% 0.66 $49.27 4

Farming, Fishing,and Forestry

153 171 18 +12% 0.61 $9.76 3

Military-only 115 124 9 +8% 0.57 $14.62 0

Life, Physical, andSocial Science

111 116 5 +5% 0.38 $29.19 12

Occupa on2014Jobs


%Changein Jobs

2019LQ

2018 MedianHourly Earnings

Jan 2019 - Dec 2019 UniqueAverage Monthly Pos ngs

Economy Overview


Educa onal Pipeline

In 2018, there were 27 graduates in Kaufman County, TX. This pipeline has shrunk by 10% over the last 5 years. The highest share

of these graduates come from Liberal Arts and Sciences/Liberal Studies, Bible/Biblical Studies, and "Agriculture, General".

Cer ficate Associate's Bachelor's Master's or Higher

Southwestern Chris an College 27

School Total Graduates (2018)Graduate Trend (2014 -

2018)

Economy Overview


In-Demand Skills

Top Hard Skills Na onal Average

0 500 1,000 1,500 2,000

Merchandising

Restaurant Opera on

Cash Register

Selling Techniques

Warehousing

Nursing

Customer Sa sfac on

Accoun ng

Audi ng

Customer Experience

Economy Overview


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