| Jefferson
County Regional
Asset Indicators
|
These Regional Asset Indicators are calculated by the Center
for the Study of Rural America at the Federal
Reserve Board of Kansas City. Regional asset indicators
are designed as “forward-looking metrics” that
may “influence both migration and business location
decisions.” Each county’s measurement is reported
along with Oregon’s county average, and the county average
for the United States. Next to each indicator’s title
is the year for which it is calculated. Click on the indicator’s
title to read the Federal Reserve Board of Kansas City's full
description.
HUMAN
AMENITIES (2006)
The Human Amenities indicator reflects the desirability
to live in a county based on recreational opportunities, healthcare
access, and technological innovativeness. The motivation for
this indicator is that people are more willing to locate to
places with a pleasing environment. High levels of Human Amenities
are correlated with population increases and income growth
in most counties. The indicator is based on a scale of 0 to
100, and gives equal weight to Healthcare professionals as
a percentage of labor force, Patents per capita, Distance
to a national park, Restaurants per capita, and the USDA Natural
Amenity Index.
Jefferson County |
Oregon Average |
U.S. Average |
34 |
32 |
29 |
INFRASTRUCTURE
(2006)
The Infrastructure indicator measures a county’s level
of transportation and telecommunication development. The idea
is that high infrastructure attracts business investment and
increases the demand for goods and services, thereby creating
jobs. The indicator is based on a scale of 0 to 100, and gives
equal weight to Highway operation expenditures, Commercial
aircraft take-offs per capita, and Average number of high-speed
internet providers in the county.
Jefferson County |
Oregon Average |
U.S. Average |
4.6 |
7.9 |
6.9 |
WEALTH
(2005)
The Wealth indicators are long-term measurements of economic
well-being based on Median home value, Agricultural land value,
and Dividend, Interest and Rental Income. The wealth indicators
are thought to be a bigger and more stable measure of individual
wealth than income levels alone, and may represent untapped
resources in a struggling community.
| Indicator |
Jefferson County |
Oregon Average |
U.S. Average |
| Median Home Value |
$100,700 |
$116,806 |
$81,327 |
| Average Agricultural Land Value per Acre |
$312 |
$593 |
$851 |
| Dividend, Interest, & Rental Income per Capita |
$3.93 |
$5.19 |
$4.26 |
FINANCIAL
(2002)
The Financial indicators gauge the ability for local banks
to finance local entrepreneurs who may stimulate the regional
economy. Bank deposit depth is the ratio of local deposits
per population, to the per capita income. Bank deposit evolution
is the percentage change in local deposits between 1980 and
2002.
| Indicator |
Jefferson County |
Oregon Average |
U.S. Average |
| Bank Deposit Depth |
.275 |
.421 |
.575 |
| Bank Deposit Evolution |
-39.1% |
2.8% |
12.6% |
UNDEREMPLOYMENT
(2000)
The Underemployment indicator measures how well local communities
are capitalizing on the supply of high-skilled workers. The
indicator is the difference in the percentage of the work
force with college degrees and the percentage of jobs requiring
a college degree. A negative Underemployment indicator suggests
that the county has more high-skilled jobs available than
it has high-skilled workers. A positive Underemployment indicator
suggests a surplus of high-skilled workers in the county.
Jefferson County |
Oregon Average |
U.S. Average |
-2.7 |
-1.3 |
-2.7 |
ENTREPRENEURSHIP
(2003)
The Entrepreneurship indicators measure the “breadth
and depth” of entrepreneurs in a county. The Breadth
indicator is the percentage of non-farm proprietor employment
in the county. Income is the average income from self-employment
for individuals in the county. Value Added is the share of
proprietor income from sales resulting from self-employment,
or the measure of the proprietor’s contribution to the
product or service.
| Indicator |
Jefferson County |
Oregon Average |
U.S. Average |
| Breadth |
16% |
24% |
23% |
| Income |
$10,575 |
$16,363 |
$16,491 |
| Value Added |
28% |
44% |
47% |
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