Sunday, February 12, 2012

Compensation by county

So before you read further.. quickly guess at what county in Southwestern Pennsylvania has the 2nd most lucrative jobs in region?  Allegheny County has been #1 for some time, if not as far back as it matters.. but #2 is...........

Just a random factoid the Bureau of Economic Analysis which came out with just before the new year with data on compensaton by industry in 2010.  Below is what it says for regional counties in terms of average compensation per job.  Follow the link for more on the definitions of compensation, which includes more than just wages received.  Also note this is compensation per job by place of work, which is different from most labor force stats you see which are complied by place of residence.  That makes a big difference when you look at differences across counties within the metro region. 

Total Average Compensation Per Job, 2010
Allegheny, PA $60,374
Armstrong, PA $45,799
Beaver, PA $47,757
Butler, PA $51,208
Fayette, PA $40,891
Greene, PA $59,411
Indiana, PA $46,941
Lawrence, PA $44,567
Washington, PA $52,585
Westmoreland, PA $46,423

So what will be interesting will be to see when the next round of data comes out for 2011 is if Greene County edges past Allegheny County for the highest average compensation in Southwestern Pennsylvania. The gap between the two counties, which have been #1 and #2 in this list for the last decade, has converged quickly over the last 4 years.   Lest anyone jump to conclusions thinking it is somehow all or even mostly shale gas related... if you look back over the decade in this specific data set, which goes back to 2001, you will see that even in 2001 Greene County was solidly #2 in this ranking of highest average compensation among the 10 counties in the region.  So it isn't really a new pattern at all, even if it is suprising.  

and did you guess right?

2 Comments:

Blogger Tom Moertel said...

Chris, would you kindly order that table by decreasing compensation? It makes the rankings clear. (I had to paste it into a spreadsheet and sort just to convince myself there wasn't some upstart county hiding between Green and Allegheny.)

Cheers,
Tom

Sunday, February 12, 2012 5:48:00 PM  
Anonymous PaPitt said...

I'm thinking the relatively WIDE disparity in population when compared to all others and the almost universality of the lucrative mining (unionized) workforce down there. It's also why "Green Hills" just north of the county line has one of the top 3 (or is it 5) average incomes in the nation (or was it state), very very few people and then 10 of them in very well paid industries. It's why Batting Average needs at least 200 at bats, even some Pirates players hit a home run at their first career at bat, none were named Clemente or Mazeroski or Wagner so its the old law of averages.

Sunday, February 12, 2012 11:39:00 PM  

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