Metropolitan Birmingham 2016 Economic and Demographic Profile - - PowerPoint PPT Presentation
Metropolitan Birmingham 2016 Economic and Demographic Profile Metropolitan Birmingham Demographic Snapshot Population 1,151,476 Households 451,974 Average Household Income $ 69, 052 Median Age 38.5 Bachelor's Degree Attainment 29%
Population 1,151,476 Households 451,974 Average Household Income $ 69, 052 Median Age 38.5 Bachelor's Degree Attainment 29% Employment 511,300
Source: ESRI, Sept 201 5; Employment, BLS 201 4 Annual Average Employment
Demographic Snapshot
City Population County
Birmingham 212,247 Jefferson Hoover 84,353 Jefferson Vestavia Hills 34,124 Jefferson Alabaster 31,545 Shelby Bessemer 26,949 Jefferson Homewood 25,802 Jefferson Pelham 22,699 Shelby Mountain Brook 20,734 Jefferson Trussville 20,702 Jefferson Helena 17,833 Shelby Center Point 16,777 Jefferson Hueytown 15,815 Jefferson Jasper 14,109 Walker Gardendale 13,729 Jefferson Pell City 13,573
Calera 12,972 Shelby Moody 12,457
Irondale 12,444 Jefferson
City Population County
Leeds 11,939 Jefferson Chelsea 11,758 Shelby Fairfield 10,988 Jefferson Pleasant Grove 10,325 Jefferson Clay 9,700 Jefferson Fultondale 8,908 Jefferson Clanton 8,727 Chilton Pinson 7,143 Jefferson Oneonta 6,627 Blount Montevallo 6,601 Shelby Tarrant 6,257 Jefferson Midfield 5,263 Jefferson Brent 4,881 Bibb Margaret 4,506
Adamsville 4,435 Jefferson Columbiana 4,213 Shelby Springville 4,194
Argo 4,187
Source: U.S. Census Bureau
Birmingham skyline in 1907 Birmingham’s first commercial shipment
1907, U.S. Steel purchases Tennessee Coal and Iron (TCI) Birmingham becomes the South’s primary industrial center Primary Industries: iron and steel, rail transportation, mining Birmingham annexes suburbs, population grows to 132,685 Jefferson County 1910 population: 226,476
Tennessee Coal Company in 1910 Vulcan in 1904
Medical College of Alabama moves to the Jefferson-Hillman Hospital in 1945, becomes part of the University of Alabama at Birmingham (UAB) Southern Research Institute was established in 1944 as the first independent scientific research center in the Southeast.
Southern Research Institute Groundbreaking, 1944 Jefferson-Hillman Hospital, 1944
Interstate Construction, 1967 Birmingham, 2014
With six interstate spokes, metropolitan Birmingham has one of the most comprehensive interstate networks in the Southeast.
Birmingham from Vulcan, 1954 postcard Birmingham from Vulcan, 2014
Jefferson-Hillman Hospital Former Jefferson-Hillman Hospital Jefferson-Hillman Hospital
Birmingham’s economy reflects the region’s economic growth and development over the past century. Core Strength
Finance and Insurance Health Care Services Trade and Distribution
Emerging Growth
Advanced Manufacturing Biological and Information Technology Arts, Entertainment and Tourism
Historical Foundation
Metals and Steel Manufacturing
2014 Metro GDP as a Percentage of Alabama Total GDP
Source: U.S. Bureau of Economic Analysis
31% 12% 9% 8% 5% 3% 3% 3% 8% 17%
Birmingham Huntsville Mobile Outside Metro Area
Source: U.S. Bureau of Economic Analysis
$62 $24 $18 $17 $10 $6 $5 $5 $16 2014 GDP $Billions Current Dollars
Alabama’s Largest Metropolitan Economy
Birmingham Tuscaloosa Montgomery Mobile Huntsville
Source: U.S. Bureau of Economic Analysis
$- $10,000 $20,000 $30,000 $40,000 $50,000 $60,000 $70,000
$62,187 $23,738 $18,284 $16,703 $10,359 2014 GDP $Billions Current Dollars
* Includes University of Alabama Health Services Foundation employment ** Not located in metropolitan Birmingham Source: Birmingham Business Alliance, Oct. 2015
Company Employment Service Description
University of Alabama at Birmingham* 23,000 Education and health care services Regions Financial Corp. 7,134 Financial services, banking, corporate headquarters Honda Manufacturing of Alabama** 4,800 Manufacturing (advanced), automobile manufacturer
4,786 Health care services, hospital network serving metro Birmingham Baptist Health System, Inc. 4,633 Health care services, management Children's of Alabama 4,543 Health care services, regional specialized health care AT&T 4,517 Telecommunications, regional operations Alabama Power Co. 3,982 Utilities services, electrical, corporate headquarters Blue Cross-Blue Shield of Alabama 3,570 Financial services, Insurance, employee benefits, corporate headquarters Mercedes-Benz U.S. International, Inc.** 3,500 Manufacturing (advanced), automobile manufacturer U.S. Postal Service 2,800 Government, mail processing and delivery BBVA Compass 2,765 Financial services, banking, financial services, North American headquarters Buffalo Rock Co. 2,200 Manufacturing, food products, independent Pepsi bottler Southern Company Services 2,116 Utilities services, shared services division of Southern Company U.S. Steel 1,900 Manufacturing, pipe mill Trinity Medical Center 1,893 Health care services, hospital Social Security Administration 1,800 Financial services, social security benefits, business processing center Brookwood Medical Center 1,636 Health care services, hospital American Cast Iron Pipe Co. 1,600 Manufacturing, primary metals manufacturer of ductile iron products Birmingham Veterans Affairs Medical Center 1,525 Health care services, regional comprehensive medical facility Wells Fargo 1,466 Financial services, banking, Customer operations center Protective Life Corp. 1,464 Financial services, insurance (life), corporate headquarters McDonalds (CLP Corp. franchisee) 1,300 Management, retail, Alabama's largest McDonald's franchisee State Farm Insurance 1,112 Financial services, insurance, regional operations center Golden Living, multiple locations 1,100 Health care services, skilled nursing facilities
Metropolitan Birmingham’s manufacturing sector employs nearly 39,000. Primary metals manufacturing employs 7,200 – nearly 19 percent of metropolitan Birmingham’s total manufacturing employment. According to U.S. Cluster Mapping, Jefferson County ranks among the top ten U.S. counties for employment in upstream metals manufacturing. Metropolitan Birmingham has nearly five times the percentage of employment in primary metals manufacturing than the national average. Birmingham continues to be a metals manufacturing center – home to three of the nation’s seven ductile iron pipe makers. American Cast Iron Pipe Company (ACIPCO) is one of the largest manufacturers of iron pipe in the world. O’Neal Industries is the largest family-owned group of metals service centers in the U.S. In 2013, German steel giant, ThyssenKrupp chose Bibb County as the location of a $13 million materials processing and distribution center.
4.76 3.90 1.00 Metals and Steel Manufacturing Location Quotients
Birmingham Pittsburgh U.S
Nearly 40 major back-office operations, 80 percent of which specialize in finance and insurance processing A highly specialized workforce in insurance related services, with a U.S. Cluster Mapping L.Q. of 2.43 A top 10 U.S. banking center with nearly $220 billion in assets The corporate headquarters for Regions Financial Corporation, BBVA Compass Bancshares, Infinity Auto Insurance, North American headquarters for Protective Life Corporation a regional headquarters for State Farm Insurance Nearly 20 new or expanding back-office and data center operations since 2011, creating more than 2,700 jobs and $60 million in capital investment
Metropolitan Birmingham serves as the location of:
Recent back-office expansions in the Birmingham market:
Major back-office operations
(Dai-ichi Life)
Served by five interstate highways; one of only three Southeastern cities with six interstate spokes Accessible to 78 percent of the U.S. population via a two- day freight drive time Served by three Tier 1 rail providers Accessible to more than 50 percent of the U.S population via a three-day rail delivery time 25 miles from Port Birmingham, which is part of Alabama’s inland waterway system and enables the shipment of commodities to and from all parts of the world 260 miles north of the Port of Mobile via Interstate 65 Home to Foreign Trade Zone 98
Baptist Medical Center Brookwood Medical Center Children’s of Alabama Grandview Medical Center
Birmingham’s Education and Health Services sector comprises more than 70,000 employees. The Birmingham region is supported by 21 hospitals dispersed throughout the seven-county region. The University of Alabama at Birmingham (UAB) is Alabama’s largest single employer with more than 23,000 employees and receives more than $450 million annually in federal research funding. UAB has a dozen healthcare graduate programs ranked among the top 25 by U.S. News and World Report. The UAB Hospital is the third largest public hospital in the U.S. and ranks among the top service providers in the country by U.S. News and World Report, America’s Best Hospitals. The Lakeshore Foundation is one of the nation’s premiere fitness, recreation and education facilities for persons with physically disabling conditions. Founded by renown Orthopedic Surgeon Dr. Jim Andrews, Birmingham based American Sports Medicine Institute is the nation’s largest accredited Orthopedic Sports Medicine Fellowship Program. Birmingham based HealthSouth Corporation is the nation’s largest owner and
The fourth largest academic medical center in the U.S. National Cancer Institute-designated Comprehensive Cancer Center University Hospital is the largest hospital in Alabama and the third largest public hospital in the nation 2015 Enrollment of 18,333, encompasses 83 downtown city blocks Employs more than 23,000, with a statewide economic impact exceeding $5 billion annually 323 physicians in 65 specialties recognized among the top five percent of clinicians by the “The Best Doctors in America” 10 health care delivery programs ranked among the top 25 by U.S. News & World Report in 2016 Ranks 44/965 in 2013 National Science Foundation total R & D expenditures (with $443,590,000 annual expenditures); received $246,184,876 in National Institutes
Consistently recognized among the nation’s most diverse campuses by the Princeton Review
UAB Campus
Metropolitan Birmingham has more than 700 technology based companies. With more than $454 million in external funding, UAB ranks 41st in federal funding and 23rd in funding from NIH. The Institute for Innovation and Entrepreneurship has generated some $64 million in revenues and spun off almost 60 start-up companies. Receiving $4.87 billion annual R&D expenditures, Alabama ranks 12th among U.S. states in R&D intensity (R&D expenditures as a percentage of total state GDP). Southern Research Institute (SRI), a contract research organization, has seven drugs approved by the Federal Drug Administration and seven compounds currently in preclinical development or clinical trials. With 150 graduate companies, Innovation Depot is the largest technology business incubator in the Southeast and was named the top technology incubator in the country by the National Business Incubation Association.
Shelby Biomedical Research complex
Company Employment Service Description
AT&T 4,517 Telecommunications, regional operations SunGard Workflow Solutions 750 Computer software and consulting services for banking industry Computer Sciences Corp. 550 Innovative business solutions DST Health Solutions 450 Managed care information technology and service McLeod Software Corp. 304 Transportation management software Charter Communications 300 Telecommunications, internet & telephone, business services Medfirst Consulting Healthcare 279 IT healthcare support & training Co. NCP Solutions 275 Corporate headquarters, communications, print, digital media YP/LM Berry Co. 250 Web applications SouthernLINC Wireless 243 Integrated Digital Enhanced Network Command Alkon 195 Software, hardware for construction industry URS Corp. 170 Fully integrated engineering, construction and technical services Greenway Health 168 Electronic health records IBM Corp. 155 Software and consulting services Daxko, LLC 151 Member-based nonprofits software Geographic Information Services 150 Mapping, spatial analysis Presidio Networked Solutions, Inc. 150 Managed services and network solutions technology Accenture 135 Management consulting, technology services and outsourcing Teklinks, Inc. 130 IT and networking consulting Jack Henry and Associates 116 Provider of core information processing solutions for banks Computer Technology Solutions, Inc. 110 IT consulting, network design TekSouth Corp. 110 IT solutions for Federal and commercial clients EPL, Inc. 110 Software development for credit unions
Alabama:
Source: National Science Foundation Science and Engineering Indicators
Source: 2000-2010 data, U.S. Cluster Mapping - Institute for Strategy and Competitiveness, Harvard Business School.
Rank 1 California 23,722 2 Illinois 15,863 3 Florida 1,659 4 Minnesota 1,167 5 Massachusetts 919 6 Washington 870 7 Utah 851 8
Alabama 434
9 Delaware 375 10 Vermont 365 Jobs Created, 2000-2010
Top States
Biopharma Jobs Created
Rank 1 Rhode Island 1,921 2 Ohio 1,059 3 West Virginia 1,000 4 Michigan 987
5 Alabama 823
6 South Dakota 625 7 Utah 489 8 New Jersey 403 9 Tennessee 369 10 Vermont 182
Top States
Medical Devises Jobs Created
Jobs Created, 2008-2010
With 434 new Biopharmaceutical jobs created between 2000 and 2010, Site Selection ranks Alabama eighth among the U.S. states in Biopharmaceutical job growth. More than 60% of Alabama’s Biopharmaceutical jobs were created in metropolitan Birmingham between 2000 and 2010. 270 new Biopharmaceutical jobs were created in metropolitan Birmingham between 2000 and 2010, ranking 37th among the nation’s 386 metropolitan areas. With 823 new Medical Device jobs created between 2008 and 2010, clustermapping.us ranks Alabama fifth among the U.S. states in Medical Device job growth.
Metropolitan Birmingham, Recent Biotech Related Expansions:
Source: Site Selection, July 2014
Metropolitan Birmingham OEM Suppliers Advanced manufacturing industries comprise nearly 9,600 employees in metropolitan Birmingham; transportation equipment manufacturing employs more than 4,000 and comprises 42 percent of total advanced manufacturing employment. (source: BLS) Birmingham is at the center of the Southeastern automotive manufacturing corridor; within a 250-mile radius of Birmingham, there are ten automotive OEMs. Manufacturing plants for Mercedes-Benz and Honda are within 40 miles of downtown Birmingham; Hyundai, Toyota and International Diesel, are within 80 miles. There are 26 automotive parts manufacturers located in metropolitan Birmingham. In 2015, the Birmingham region had 1,162 graduates of post-secondary programs that support advanced manufacturing industries. According to the Bureau of Labor Statistics, metropolitan Birmingham’s annual average pay in the advanced manufacturing sectors is 50 to 90 percent of the national average.
Metropolitan Birmingham accounts for 20 percent of Alabama’s tourism industry . With nearly $1.8 billion in travel related expenditures, Jefferson County is the state’s second largest tourism center. Walker County’s travel related expenditures increased nearly 18 percent between 2013 and 2014, more than double the state’s increase of 7.3 percent. Travel-Related Category Birmingham MSA % of Alabama
Direct Travel-Related Employment 23,328 21% Total Travel-Related Employment 34,645 21% Annual Travel-Related Earnings $ 872,954,513 20% Annual Travel-Related Expenditures $ 2,248,281,101 19% Annual State Lodging Tax Collected $ 10,937,629 19%
Source: Alabama Tourism Department
2014 Tourism Economy Snapshot
2010 to 2013 Young Professional Population Change
U.S. Alabama Birmingham, City 2013 Age 25 to 34 With a Bachelor's Degree or Higher 14,021,253 150,830 11,795 2010 Age 25 to 34 With a Bachelor's Degree or Higher 12,728,975 149,438 7,977 Percentage Change Age 25 to 35 With a Bachelor's Degree or Higher 10.2% 0.9% 47.9%
Source: U.S. Census Bureau 2013 ACS One Year Estimates
representing 40 different BBA investor companies
Healthcare, Manufacturing/Engineering, IT and non-profit
professionals and leaders at events around the city
Since the passage of the 2009 “Free the Hops” Bill, Birmingham has a seen an explosion of craft breweries. In 2012, Alabama had the nation’s fastest growth in number of breweries, with nearly half of the state’s breweries located in the Birmingham area.
The Alabama Theater first opened its doors in 1927. Of America’s 5,300 original movie and entertainment palaces, only 189 remain. After a 5-year restoration project, the Alabama Theatre reopened in 1987. The theater offers classic films and live performances, and is host to various musical concerts and civic activities. The Lyric Theatre is a former vaudeville and movie theater constructed in 1914 at 1800 3rd Avenue North on the corner of 18th Street North. After a $11.5 million restoration, the Lyric opened in 2016. Located on the corner of Fourth Avenue North and 17th Street North, the Carver was opened in 1935. The City of Birmingham, seeking to improve the area where many events of the American Civil Rights Movement took place, purchased the Carver in 1990 and remodeled it for live performance use, with an eye toward remembering the Carver's place in the African-American Community