Parke County,
Indiana
Economic
Overview
October 2012
Prepared By:
1
2
Table of Contents
Introduction
Demographic Perspective
Table 1: Population Change
Table 2: Age Breakdown
Table 3: Educational Attainment
Table 4: High School Graduation Rates
Table 5: Race/Ethnicity Breakdown
Economic Overview
Chart 1: Total Job History 2001-2011
Table 6: Unemployment Rates
Table 7: Jobs by 2-Digit NAICS Codes
Table 8: Jobs by 4-Digit, top 25 Industries in 2011
Table 9: Economic Base
Table 10: Occupations by SOC, top 25 in 2011
Table 11: Occupation Projections by SOC
Summary Observations
Clusters
Table 12: Leisure and Hospitality Industry
3
3
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5
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6
7
7
8
10
11
13
14
15
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Introduction
Indiana State University’s Strategic Plan, The Pathway to Success, envisions a culture where its graduates are productive citizens
of the world in which they live. As a commitment for improving the communities in which its students and graduates reside, the
University has a strong desire to address the needs of Indiana’s rural communities from which the majority of its students
migrate. Leadership for this endeavor lies with the newly established Rural-Urban Entrepreneurship Development Institute
(RUEDI).
RUEDI will provide engagement and research as well as a learning and leadership platform to improve the economic health and
stability of rural counties and small towns throughout Indiana. Collaboration with external businesses, industry, civic
organizations, government and academic stakeholders will play a critical role in implementing projects to reach overarching
goals of the Institute, the University and the communities in which ISU students and graduates live. RUEDI objectives include:
supporting existing commercial activity, increasing new business starts, expanding job creation, creating, growing and attracting
entrepreneurs, raising per capita incomes, and enhancing regional rural educational attainment by encouraging completion of
high school and post-secondary education.
An integral part of beginning any project is to ensure that reliable data is collected to first inform stakeholders of important
issues that exist and for which decisions need to be made and then to provide a reliable and consistent resource to measure the
effect of activities taken. Therefore, the Rural-Urban Entrepreneurship Development Institute has created a Data Center within
the Institute to oversee the collection and analysis of data as part of its activities. The RUEDI Data Center will work in
collaboration with the University’s Survey Research Lab to provide both quantitative and qualitative data throughout program
initiatives.
Because of the complex number of data resources available, RUEDI has enlisted the assistance of Economic Modeling Specialists,
Inc. (EMSI) to collect and integrate the most current data available on industries, occupations, and demographics. EMSI is a webbased tool that has assisted community colleges, universities, workforce boards, economic development groups, and private
industries throughout the United States to better understand all facets of employment and economic trends—industries,
occupations, demographics, economic impacts, and even skills, job compatibility, educational attainment, and more—at various
levels (zip code, county, state, nation) of geographic detail. The tables contained within this report have been created with the
data from EMSI’s web-tools.
4
Demographic Perspective
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
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Table 1: Parke County Population Change 2001-2011
Parke County experienced an increase in
2001
2011
Change
% Change
population of 129 from 2001 to 2011 or less than Area
Parke County
17,213
17,342
129
0.70%
1-percent in comparison to a State-wide increase
Indiana
6,129,883
6,544,892
415,009
6.60%
of 6.6-percent and a National increase of 9.2United States
284,968,955
312,447,985
27,479,030
9.20%
percent during the same time period.
The County’s population peaked in 2003 with total population at 17,527. Since that time the County’s total population has
had a year of growth followed by a year of decline and then growth again.
When looking at the population broken down by age, Adults 45-64 years of age is growing the fastest. This age group
includes many of the Baby Boomers who have just now begun to reach retirement age.
Age cohorts below 45 have experienced a loss during the past decade.
Parke County has a higher concentration of the Baby Boomers and Senior Citizens than the State and National percentiles but
a lower concentration of Youth age 0-24 years.
A county with less than 50,000 in population is considered to be a rural county by state and federal funding resources. With
a population of just over 17,000, Parke County is considered a rural county.
Table 2: Parke County Population Age Breakdown
Demographic
By Age Cohort
Youth (0-24 years of age)
Population
2001
2011
5,328
5,120
Adults 25-44 years of age
4,920
4,367
(553)
-11.2%
25.2%
25.7%
26.5%
Adults 45-64 year of age
4,463
5,129
666
14.9%
29.6%
26.8%
26.7%
Senior Citizens (65 and above)
2,502
2,726
224
9.0%
15.7%
13.3%
13.3%
17,213
17,342
129
0.70%
100%
100%
100%
Total
5
Change 2001-2011
Number
Percent
(208)
-3.9%
County
29.5%
Percent of Total
State
National
34.2%
33.4%
Educational Attainment allows a county or region to evaluate the competitiveness of its workforce as the global economy moves
increasingly towards knowledge based careers.
 During the past decade, Parke County has had a significant increase in the percentage of its population age 25 and over that
has attained an Associate Degree. These efforts have brought this cohort in line with the State and Nation at 7.5-percent.
 Increase in Bachelor and Higher Degrees have not kept pace with the State and Nation’s educational attainment at these
levels, with half as many Bachelor Degrees and only one-third of the percentage of Graduate Degree and Higher in
comparison to the Nation.
 In Parke County nearly one-quarter of the adult population does not have a high school diploma.
 In 2011, the three Parke County public high schools graduated 183 students for an overall graduation rate of 85.9-percent,
which is .2-percent higher than the State’s rate of 85.7-percent of students who graduate within four years of entering high
school.
Table 3: Parke County Educational Attainment
Population
Demographic
Less Than 9th Grade
9th Grade to 12th Grade
High School Diploma
Some College
Associate's Degree
Bachelor's Degree
Graduate Degree and Higher
Total
2001
720
1,655
5,269
2,304
563
845
516
11,872
2011
1,722
989
4,651
2,564
920
1,006
402
12,254
Number
1,002
(666)
(618)
260
357
161
(114)
382
Change
County
Percent
139.2%
(40.2%)
(11.7%)
11.3%
63.4%
19.1%
(22.1%)
3.2%
2011 %
of Total
14.1%
8.1%
38.0%
20.9%
7.5%
8.2%
3.3%
100.0%
State of Indiana
Change
2001-11
33.1%
(30.9%)
4.9%
13.1%
30.7%
23.2%
16.7%
8.7%
2011 % of
Total
6.9%
7.4%
35.9%
20.5%
7.3%
14.2%
7.9%
100.0%
Table 4: Parke County High School Graduation Rates
6
2011
Cohort
Size
104
2011
Graduates
84
2011 Grad
Rate
80.8%
2010 Grad
Rate
80.2%
2009 Grad
Rate
76.5%
Corp
6260
Corporation Name
Southwest Parke Com School Corp
6300
Rockville Community School Corp
58
53
91.4%
91.5%
90.1%
6310
Turkey Run Community School Corp
51
46
90.2%
75.6%
90.0%
United States
Change
2001-11
27.7%
(32.9%)
10.9%
13.0%
28.0%
23.4%
25.9%
12.3%
2011 % of
Total
8.9%
6.6%
28.5%
20.9%
7.5%
17.5%
10.2%
100.0%


Parke County is predominantly White, Non-Hispanic with 96-percent of its population in this ethnic co-hort.
Because of its small base in population, even small increases in the number of persons with a particular ethnic background
can demonstrate a large increase percentagewise as represented by the Black, Hispanic and American Indian or Alaskan
Native, Hispanic cohorts.
Table 5: Parke County Race/Ethnicity Breakdown
Population
Race/Ethnicity
White, Non-Hispanic
2001
2011
Number
Percent
16,557
16,634
77
0%
2011 %
of
Cohort
96.19%
Black, Non-Hispanic
392
408
16
4%
2.28%
American Indian or Alaskan Native, Non-Hispanic
59
34
(25)
(42%)
0.34%
Asian, Non-Hispanic
58
46
(12)
(21%)
0.34%
0
1
1
0%
0.00%
Native Hawaiian or Pacific Islander, Non-Hispanic
Two or More Races, Non-Hispanic
0
3
3
0%
0.00%
White, Hispanic
145
195
50
34%
0.84%
Black, Hispanic
1
6
5
500%
0.01%
American Indian or Alaskan Native, Hispanic
1
12
11
1100%
0.01%
Asian, Hispanic
0
0
0
0%
0.00%
Native Hawaiian or Pacific Islander, Hispanic
0
0
0
0%
0.00%
Two or More Races, Hispanic
Total
7
Change
0
3
3
0%
0.00%
17,213
17,342
129
1%
100.0%
Economic Overview
5600
5500
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
Total Employment in Parke County (jobs,
5400
fourth quarter 2011) is 5,051.
5300
While most regions across the United
5200
States demonstrated peak employment in
2007 just prior to the “Great Recession”,
5100
Parke County’s peak employment occurred
in 2001 with 5,469 jobs. Total jobs for 2007 5000
were 5,416.
4900
Overall, the County has had a 7.6-percent
4800
decrease in total jobs during the time
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
period of peak employment in 2001 to the
Jobs
number of jobs reported for fourth quarter
2011.
The Indiana Department of Workforce Development reports that for the past three years January Unemployment Rates in
Parke County and the surrounding area of West Central Indiana are approximately 1.5 to 3-percent higher than that of the
State and Nation.
Table 6: Parke County Unemployment Rates
Month
Parke Co.
W. Central IN
Indiana
U.S.
12-Jan
11.20%
11.20%
9.20%
8.80%
11-Jan
10.70%
11.00%
9.00%
9.10%
10-Jan
11.90%
11.80%
10.60%
9.70%
Source: Indiana Department of Workforce Development
8
The North American Industry Classification System (NAICS) is a system used by the United States Government to classify industries
by type. NAICS codes can be expressed at a 2 to 6-digit level with the higher number of digits providing a more detailed description
of the industry type. In Table 7, total employment by major industry sectors (2-digit NAICS Codes) are reviewed.
Table 7: Parke County Indiana Jobs by Industry sorted by 2-digit NAICS Codes
Jobs
Change
NAICS
Code
Description
11
Agriculture, Forestry, Fishing and Hunting
21
Mining, Quarrying, and Oil and Gas Extraction
22
Utilities
45
23
Construction
314
31-33
Manufacturing
682
445
42
Wholesale Trade
87
137
44-45
Retail Trade
718
541
48-49
Transportation and Warehousing
134
167
51
Information
34
52
Finance and Insurance
147
53
Real Estate and Rental and Leasing
122
54
Professional, Scientific, and Technical Services
55
56
2011
11
State
Average
Earnings
$30,858
National
Average
Earnings
$26,453
--
$54,219
$77,058
$85,728
3
$108,252
$119,493
$28,227
25
$47,774
$47,011
1.26
$48,098
14
$71,084
$73,698
57%
0.79
$34,946
13
$61,777
$72,738
(25%)
1.06
$18,422
40
$25,452
$29,494
25%
1.04
$31,386
11
$45,491
$49,555
9
26%
0.47
$42,316
5
$52,614
$81,339
15
10%
0.59
$38,638
18
$56,704
$77,402
112
92%
1.04
$18,041
11
$21,378
$25,651
69
75%
0.46
$21,754
13
$53,479
$71,365
--
--
$97,531
--
$91,152
$114,099
66%
0.74
$17,489
17
$27,449
$32,977
8%
0.22
$11,539
1
$28,352
$35,383
(15%)
0.65
$27,160
19
$47,418
$50,850
(10%)
0.77
$9,601
6
$24,677
$26,471
(56)
(22%)
0.58
$13,270
23
$15,641
$20,213
(43)
(15%)
0.82
$18,978
29
$21,506
$23,652
(70)
(6%)
1.73
$37,914
47
$52,287
$63,472
0.00
$0
0
$38,023
$60,620
$30,732
306
$43,594
$49,851
2011
Number
Percent
National
LQ
Average
Earnings
Establish
ments
530
461
(69)
(13%)
4.69
$38,034
60
<10
--
--
--
$22,880
41
(4)
(9%)
2.42
295
(19)
(6%)
1.12
(237)
(35%)
50
(177)
33
43
162
234
92
161
Management of Companies and Enterprises
<10
<10
--
136
226
90
61
Administrative and Support and Waste
Management and Remediation Services
Educational Services (Private)
25
27
2
62
Health Care and Social Assistance
426
362
(64)
71
Arts, Entertainment, and Recreation
91
82
(9)
72
Accommodation and Food Services
258
202
81
Other Services (except Public Administration)
291
248
90
Government
1,271
1,201
99
Unclassified Industry
Total
9
2001
0
0
0
0%
5,469
5,051
(418)
-7.6%
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In 2001 as in 2011 Government (NAICS 90) sector jobs make up more than 20-percent of jobs in Parke County.
In 2011, Retail Trade (NAICS 44-45) is the next highest industry sector for jobs with Agriculture, Forestry, Fishing and Hunting
(NAICS 11), Manufacturing (NAICS 31-33) and Health Care and Social Assistance (NAICS 62) rounding out the top five
employment sectors.
Between 2001 and 2011, all of the top five industry sectors experienced a decline in employment with Manufacturing (NAICS
31-33) suffering the largest loss in percentage (35-percent) and actual number of jobs (237).
Real Estate and Rental and Leasing (NAICS 53) had the greatest increase in number of jobs with 112 followed by
Administrative and Support and Waste Management and Remediation Services (NAICS 56) with 90 new jobs.
Average Earnings of $30,732 across all industry sectors are 62-percent of the National Average of $49,851. Management of
Companies and Enterprises (NAICS 55) pays the highest overall with Arts, Entertainment, and Recreation (NAICS 71) paying
the least.
The location quotient is a measure of relative concentration of an industry’s presence in a given geographical region
compared to the United States. If the quotient is greater than one, the geography has a higher concentration (percentage of
employment) of that industry than the Nation as a whole. The location quotient measures concentration rather than
absolute size.
Agriculture (NAICS 11), Utilities (NAICS 22) and Government (NAICS 90) have location quotients of 4.69, 2.42 and 1.73
respectively, that exceed the National concentration of jobs for a geograpical region.
Drilling down to the four-digit NAICS level provides insight into which specific industries are growing or declining the fastest. In
Table 8 are listed Parke County’s Top 25 Industries sorted by total number of jobs in 2011 .
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10
Today’s top 25 industries in Parke County’s provided for 57.8 percent of the County’s total jobs in 2001 and 61.8-percent of
total jobs in 2011.
As reported by the 2-digit NAICS breakdown, Government (NAICS 90) employed nearly one-quarter of the County’s
employment but under 4-digit NAICS Codes we see that these government employees work in different sectors such as
Education and Hospitals (NAICS 9036), State Government (NAICS 9029), and Local Government (NAICS 9039) as well as
Federal Government Employees both Civilian (NAICS 9011) and Military (NAICS 9012).
Animal Food Manufacturing (NAICS 3111) has the highest location quotient of 87.82 with Other Wood Manufacturing (NAICS
3219), Crop Production (NAICS 1110) and Other Fabricated Metal Product Manufacturing (NAICS 3329) also having high
location quotients.
Table 8: Parke County Indiana Jobs by Industry sorted by 4-digit NAICS Codes – Top 25 Industries by 2011 Employment
Jobs
2011
Change
NAICS
Code
Description
2001
2011
Number
9036
Education and Hospitals (Local Govt.)
395
443
48
9029
State Government, Excluding Education and
Hospitals
492
396
(96)
1110
9039
479
262
384
253
(95)
(9)
5617
3111
Crop Production
Local Government, Excluding Education and
Hospitals
Services to Buildings and Dwellings
Animal Food Manufacturing
80
86
161
137
5311
Lessors of Real Estate
3219
Other Wood Product Manufacturing
4841
7221
2389
Other Specialty Trade Contractors
4543
6231
4471
5221
Depository Credit Intermediation
4451
Grocery Stores
6211
2383
6232
Establish
ments
State
Average
Earnings
National
Average
Earnings
$40,342
8
$51,648
$55,403
$40,346
13
$54,062
$65,976
9.37
1.61
$42,223
$28,115
7
14
$33,500
$47,989
$26,044
$61,845
1.56
87.82
$16,696
$49,737
13
2
$19,363
$55,795
$20,899
$62,729
Percent
National
LQ
Average
Earnings
12%
1.82
(20%)
6.00
(20%)
(3%)
81
51
101%
59%
45
126
81
180%
1.72
$17,890
6
$24,567
$33,750
106
107
1
1%
16.58
$36,342
3
$39,338
$41,846
General Freight Trucking
87
92
5
6%
2.15
$36,581
5
$48,721
$45,690
Full-Service Restaurants
119
90
(29)
(24%)
0.68
$12,653
9
$16,165
$19,836
62
80
18
29%
2.07
$33,061
3
$36,338
$34,415
Direct Selling Establishments
104
80
(24)
(23%)
2.37
$10,894
1
$9,096
$13,206
Nursing Care Facilities
Gasoline Stations
170
104
79
74
(91)
(30)
(54%)
(29%)
1.64
3.01
$29,129
$13,021
2
9
$32,347
$20,142
$35,937
$22,859
77
69
(8)
(10%)
1.36
$30,860
10
$49,620
$68,137
109
65
(44)
(40%)
0.89
$23,098
2
$23,511
$27,419
Offices of Physicians
Building Finishing Contractors
51
82
61
58
10
(24)
20%
(29%)
0.80
1.27
$45,342
$18,139
5
3
$93,608
$27,926
$95,007
$29,768
Residential Mental Retardation, Mental Health
and Substance Abuse Facilities
Federal Government, Civilian
26
57
31
119%
3.16
$19,904
1
$28,902
$31,168
64
56
(8)
(13%)
0.63
$55,874
12
$91,486
$104,910
24
54
30
125%
4.43
$38,845
3
$44,209
$49,065
9012
Miscellaneous Nondurable Goods Merchant
Wholesalers
Federal Government, Military
58
52
(6)
(10%)
0.88
$27,291
0
$28,936
$48,913
2361
Residential Building Construction
68
51
(17)
(25%)
1.48
$36,940
9
$35,809
$41,278
3329
Other Fabricated Metal Product Mfg.
6241
Individual and Family Services
9011
4249
11
11
50
39
355%
6.63
$54,458
1
$54,705
$68,827
<10
50
--
--
--
$14,248
--
$26,318
$27,426
Total top 25 Industries
3,161
3,125
(36)
-1.14%
Total all Industries
5,469
5,051
(418)
-7.60%
$43,594
$49,851
141
$30,732
306
Another way to examine Parke County’s economy is by Economic Base instead of industry sector. For Example, Visitors (including
tourism) encompasses a number of NAICS industries such as restaurants and traveler accomodations. Residents Outside Income,
consists of income by residents who commute to another county or who receive property income such as rent or transfer payments.
An Exogeneous Investment is an investment in local businesses coming from outside of the county.

Residents who work
outside the county or who receive
retirement or investment checks make
up the second largest economic sector
in respect to jobs for the county.

The Manufacturing
Sector provides $28.7 million in
annual payroll to Parke County
residents providing the second highest
sector when looking at earnings.
Chart 1: Parke County Economic
Base
Table 9: Parke County Economic Base
Sector
Government
Residents' Outside Income
Manufacturing
Agriculture
Services
Visitors
All Other
Finance
Construction
Exogenous Investment
Communications
Mining
12
Jobs
1,158
948
715
592
526
310
308
230
119
78
53
14
Earnings(K)
$40,247
$19,280
$28,671
$20,864
$13,416
$6,425
$10,619
$7,634
$3,506
$2,025
$2,208
$336
Jobs %
23%
19%
14%
12%
10%
6%
6%
5%
2%
2%
1%
0%
Earnings %
26%
12%
18%
13%
9%
4%
7%
5%
2%
1%
1%
0%
EPW(K)
$35
$20
$40
$35
$26
$21
$34
$33
$30
$26
$42
$24
While NAICS sorts jobs by industry, the Standard Occupational Classification (SOC) system is used by Federal statistical agencies to
classify workers into occupational categories for the purpose of collecting, calculating, or disseminating data. All workers are
classified into one of 840 detailed occupations according to their occupational definition. Occupations may be classified from 2-digit
to 6-digit similar to NAICS the more digits, the greater definition of the occupation. In Table 10, Parke County’s top occupations
sorted by most jobs in 2011 are listed. In Table 11, Projections of Occupations through 2020 are provided.
 Agriculture Managers (SOC 11-901) represent the largest group of workers in a defined occupation with an estimated 4
opening per year. These managers make a Median Hourly Income of $13.12 per hour which is nearly $3 more than the
National Median Hourly Income.
 Of the top 25 occupations currently available in Parke County, the number of persons employed in these positions has
declined at approximately half the rate (3.9-percent) as other jobs (7.6-percent) in the County over the past decade.
 In Table 11, the SOC is drilled down to its final digit allowing for the identification of the educational level needed for that
occupation. Only three of the top occupations require postsecondary education.
 At this 6-digit level, it can be shown that of the Agriculture Managers making up the most jobs in 2011, that these managers
are Farmers and Ranchers (SOC 11-9012) who have long term on-the-job training.
 Table 11 also projects the number of persons to be working in these occupations in 2012, 2016 and 2020. While Farmers and
Ranchers will continue to remain a viable career opportunity with nearly 300 working in the field for 2020 it will have persons
leave the occupation with their jobs remaining empty.
 Personal and Home Care Aides (SOC 39-9021) is expected to grow by the largest percentage and actual number of jobs over
the next eight years.
13
Table 10: Parke County Top Occupations sorted by Jobs in 2011
2011
National
Median
Hourly
Earnings
$10.43
2011
National
LQ
6.70
Annual
Openings
4
2011
Median
Hourly
Wage
$13.12
8%
1.62
11
$16.29
$15.98
24
21%
0.91
10
$10.02
$10.16
(24)
(16%)
1.57
5
$12.66
$15.93
18%
1.83
4
$18.93
$24.24
51
88%
0.91
8
$15.31
$17.64
(9)
(8%)
1.12
2
$9.26
$12.66
(39)
(28%)
1.01
5
$7.82
$8.65
98
(24)
(20%)
0.73
4
$8.93
$9.97
91
(2)
(2%)
1.10
8
$8.56
$10.75
126
91
(35)
(28%)
0.94
5
$11.95
$10.90
103
90
(13)
(13%)
0.70
2
$13.39
$16.70
62
77
15
24%
1.91
5
$9.89
$11.20
Bookkeeping, Accounting, and Auditing Clerks
67
62
(5)
(7%)
1.05
1
$13.80
$16.17
47-2030
Carpenters
68
62
(6)
(9%)
1.53
3
$15.88
$16.28
49-9040
Industrial Machinery Installation, Repair & Maint.
67
62
(5)
(7%)
1.20
2
$16.37
$17.56
25-9040
Teacher Assistants
53
61
8
15%
1.60
2
$8.38
$10.99
11-9190
Miscellaneous Managers
40
60
20
50%
1.28
4
$17.56
$23.98
25-2030
Secondary School Teachers
53
58
5
9%
1.80
2
$17.84
$25.02
53-3020
Bus Drivers
41
58
17
41%
3.22
5
$16.51
$14.70
47-2060
Construction Laborers
41
56
15
37%
1.36
2
$14.05
$13.63
41-9090
Miscellaneous Sales and Related Workers
68
54
(14)
(21%)
1.45
4
$8.80
$12.41
35-3020
Fast Food and Counter Workers
66
52
(14)
(21%)
0.57
5
$8.49
$8.35
55-9990
Military Occupations
58
52
(6)
(10%)
0.88
2
$17.71
$13.24
41-2020
Counter and Rental Clerks and Parts Salespersons
38
49
11
29%
2.71
5
$8.32
$11.55
41-4010
Sales Representatives, Wholesale and Manufacturing
43
49
6
14%
0.82
3
$23.44
$25.97
2,489
5,469
2,391
5,051
(98)
(418)
-3.9%
-7.6%
113
297
$14.64
$18.70
Jobs
2001
459
Change
Number
Percent
(103)
(22%)
SOC
Code
11-9010
Description
Agricultural Managers
53-3030
Driver/Sales Workers and Truck Drivers
150
162
37-2010
Building Cleaning Workers
113
137
41-1010
First-Line Supervisors/Managers, Sales Workers
153
129
25-2020
Elementary and Middle School Teachers
96
113
17
41-9020
Real Estate Brokers and Sales Agents
58
109
43-9060
Office Clerks, General
111
102
41-2010
Cashiers
140
101
41-2030
Retail Salespersons
122
31-1010
Nursing, Psychiatric, and Home Health Aides
93
53-7060
Laborers and Material Movers, Hand
43-6010
Secretaries and Administrative Assistants
37-3010
Grounds Maintenance Workers
43-3030
Total for top Jobs in the Region
Total All Jobs
14
2011
356
12
Table 11: Parke County Job Projections and Required Educational Attainment
Jobs
SOC
Code
11-9012
53-3032
Description
Farmers and Ranchers
Truck Drivers, Heavy and Tractor-Trailer
43-9061
41-9022
Office Clerks, General
Real Estate Sales Agents
25-2021
Change
2012
340
132
2016
308
142
2020
283
148
Number
(70)
20
Percent
(20%)
16%
105
90
113
105
117
115
15
30
15%
35%
1.18
1.03
3
5
$9.76
$13.65
$13.40
$16.10
Short-term OJT training
Postsecondary vocational
Elementary School Teachers, Except
Special Education
Home Health Aides
92
100
105
16
18%
2.17
4
$18.56
$25.46
Bachelor's degree
62
85
96
43
81%
1.86
5
$8.34
$10.18
Short-term OJT training
96
78
94
86
93
90
(5)
16
(5%)
22%
0.65
1.36
3
3
$9.80
$10.47
$11.81
$11.60
Short-term OJT training
Short-term OJT training
41-2011
47-2031
Retail Salespersons
Janitors and Cleaners, Except Maids and
Housekeeping Cleaners
Cashiers
Carpenters
98
66
92
79
89
88
(12)
26
(12%)
42%
0.85
2.06
5
4
$8.37
$15.97
$9.19
$17.13
Short-term OJT training
Long-term OJT training
39-9021
Personal and Home Care Aides
41
71
85
54
174%
1.83
6
$8.25
$9.69
Short-term OJT training
41-1011
97
88
82
(18)
(18%)
1.35
2
$11.79
$15.23
47-2061
First-Line Supervisors/Managers of Retail
Sales Workers
Construction Laborers
60
71
80
24
43%
1.72
3
$13.85
$14.56
Work experience in a related
occupation
Moderate-term OJT training
25-9041
Teacher Assistants
63
69
73
12
20%
1.78
3
$8.54
$11.69
Short-term OJT training
11-9199
Managers, All Other
63
67
72
12
20%
1.27
3
$18.08
$24.85
43-3031
Bookkeeping, Accounting, and Auditing
Clerks
Landscaping and Groundskeeping Workers
64
68
71
9
15%
1.11
2
$13.94
$16.73
Work experience in a related
occupation
Moderate-term OJT training
59
65
70
13
23%
1.57
2
$9.15
$11.54
Short-term OJT training
57
61
63
7
13%
1.98
2
$17.46
$26.41
Bachelor's degree
61
61
60
0
0%
0.96
2
$12.05
$12.31
Short-term OJT training
53-3022
Secondary School Teachers, Except
Special and Vocational Education
Laborers and Freight, Stock, and Material
Movers, Hand
Bus Drivers, School
48
55
57
11
24%
4.52
2
$15.11
$13.64
Moderate-term OJT training
33-3012
Correctional Officers and Jailers
49
53
55
7
15%
4.02
2
$12.34
$20.49
Moderate-term OJT training
41-4012
Sales Representatives, Wholesale and
Manufacturing, Except Technical and
Scientific Products
Military Occupations
Secretaries, Except Legal, Medical, and
Executive
Maintenance and Repair Workers, General
44
50
53
11
26%
1.06
2
$23.43
$28.06
Work experience in a related
occupation
53
49
53
51
53
52
1
4
2%
8%
0.89
0.85
1
1
$19.18
$12.38
$14.52
$14.85
N/A
Moderate-term OJT training
48
51
52
5
11%
1.19
1
$15.53
$17.51
Moderate-term OJT training
5,148
5,412
5,563
512
1.0%
195
$15.08
$19.92
31-1011
41-2031
37-2011
37-3011
25-2031
53-7062
55-9999
43-6014
49-9042
Total
15
Annual
Open
2
5
2011 Avg Hourly
Regional
National
Wage
Wage
$12.79
$9.71
$17.72
$18.36
2020
Nat. LQ
5.90
2.16
Education Level
Long-term OJT training
Short-term OJT training
Parke County, Indiana Demographic and Economic Summary Observations
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16
Parke County’s population has been stagnant over the past decade.
With a current population of 17,342 Parke County meets the nationally accepted definition of a rural county and will most
likely remain a rural county.
Parke County’s population is aging with persons 45 and older making up a larger portion of the population than that of the
State and National levels.
Overall the County’s high school graduation rate is comparable to the State’s, but there are inconsistencies within the three
school corporations in regards to their individual success at graduating students within four years of entering high school.
Nearly one-quarter of the County’s population 25 years of age and older do not have a high school diploma.
Bachelor and Higher Degree attainment is significantly less than the State and National percentiles.
The increase of 139-percent in the number of persons 25 and over who have less than a 9 th Grade education should be
reviewed more closely by officials to determine if there is an identifiable cause for this increase and if that cause is something
that will continue.
There is little ethnic diversity within the County with White, Non-Hispanic and Black, Non-Hispanic making up 98.5-percent of
the population.
Parke County reached peak employment in 2001 and has lost 400 jobs or 8-percent of its employment base during the last
decade.
Unemployment for the past three years has consistently been higher than the State and National rates.
Overall employees in Parke County make one-third less in annual income than persons in other regions across the United
States.
Within the economic base of Parke County, Goernment makes up 23-percent of the jobs and 26-percent of the overall
earnings.
Only 2-percent of the County’s jobs and 1-percent of overall earnings within the County are dependent on investments from
outside of the County.
More people are occupied as Agriculture Mangers than any other occupation in the County, primarily as Farmers and
Ranchers.
Of the top 25 occupations in the County, only 3 require postsecondary education.
Clusters
While NAICS Codes organize industry by types, industries and employers are not independent of each other. The underlying
strength of a region’s or county’s economic vitality often relies on the clustering of interdependent companies. Harvard Busines
School profesor Michael Porter, who is widely credited with popularizing the term “cluster” defines clusters as a “geographic
concentration of interconnected companies and institutions in a particular field.” Porter sees clusters as including:
 Linked industries and other entities, such as suppliers of specialized inputs, machinery, services, and specialized
infrastructure;
 Distribution channels and customers, manufacturers of complementary products, and companies related by skills,
technologies, or common inputs;
 Related institutions such as research organizations, universities, standard-setting organizations, training entities and others.
The cluster approach has gained popularity in describing segments of a regional economy and for launching initiatives that support
an overall economic development strategy. It is important to note that 95-percent of all job gains come from expansion (42percent) or birth of new establishments (56-percent) and that activities that build or nurture existing assets or clusters can have
more immediate and long lasting results when compared to other economic development activities.
Tourism: One of the physical assets that Parke County has used as a focal point upon which to build an economy in the Leisure and
Hospitality Industry is its covered bridges. The countywide Covered Bridge Festival , one of Indiana’s largest festivals, starts on the
2nd Friday of each October and continues through to the end of the next week. Headquarterd on the courthouse lawn in Rockville ,
other communities participate with non-profit orgnizations and local retailers setting up food booths with vendors from all over the
United States bringing crafts and ware for sale.
Primarily the Leisure and Hospitality Industry includes the NAICS codes of 71-Arts, Entertainment and Recreation and 72Accomodation and Food Services. Nationally during the latest recession of 2007-2009, employment in Arts and Entertainment
suffered a 21-percent loss with Accomodation employment losing more than 28-percent of all jobs with Food Services accounting
for more than half of the job loss. In addition to these primary NAICS classifications, the Tourism Industry can also include some
retail and service industries, for example Gasoline Stations and Convience Stores (NAICS 447110) and Gift, Novelty and Souvenir
Stores (NAICS 453220) benefit from visitors to the area and the imported dollars they bring.
17
For Parke County, the Leisure and Hospitality Industry supported 349 jobs in 2001 and 284 jobs in 2011. The loss of 67 jobs or 19percent is less than the national industry average loss, but the wages paid by these local jobs is significantly less than the National
average earnings. A person working in Arts, Entertainment and Recreation only makes $9,601 compared to $26,471 Nationally and
in Accomodations a worker earns $13,270 compared to a National wage of $20,213. There are 29 establishments in the Leisure and
Hospitality Industry located in Parke County. The overall Location Quotient for the industry is .65.
Table 12: Parke County Leisure and Hospitality Industry
NAICS
Code
711110
711130
711211
711212
711219
711410
711510
712110
712120
713110
713120
713910
713920
713930
713940
713950
713990
721110
721120
721191
721199
721211
721214
721310
722110
722211
722212
722213
722310
722320
722330
722410
18
Description
Theater Companies and Dinner Theaters
Musical Groups and Artists
Sports Teams and Clubs
Racetracks
Other Spectator Sports
Agents and Managers for Artists, Athletes, Entertainers, and Other Public Figures
Independent Artists, Writers, and Performers
Museums
Historical Sites
Amusement and Theme Parks
Amusement Arcades
Golf Courses and Country Clubs
Skiing Facilities
Marinas
Fitness and Recreational Sports Centers
Bowling Centers
All Other Amusement and Recreation Industries
Hotels (except Casino Hotels) and Motels
Casino Hotels
Bed-and-Breakfast Inns
All Other Traveler Accommodation
RV (Recreational Vehicle) Parks and Campgrounds
Recreational and Vacation Camps (except Campgrounds)
Rooming and Boarding Houses
Full-Service Restaurants
Limited-Service Restaurants
Cafeterias, Grill Buffets, and Buffets
Snack and Nonalcoholic Beverage Bars
Food Service Contractors
Caterers
Mobile Food Services
Drinking Places (Alcoholic Beverages)
2001
Jobs
0
0
0
<10
<10
0
12
<10
38
0
0
22
0
<10
<10
0
<10
18
0
<10
<10
<10
0
<10
119
49
<10
<10
26
<10
<10
17
349
2011
Jobs
<10
<10
<10
<10
13
<10
18
0
<10
<10
<10
18
0
0
<10
0
<10
<10
0
<10
<10
11
11
<10
90
25
<10
<10
19
<10
<10
25
284
Change
------6
----(4)
0
--0
--0
---11
-(29)
(24)
--(7)
--8
(65)
%
Change
------50%
----(18%)
0%
--0%
--0%
-----(24%)
(49%)
--(27%)
--47%
-19%
2011
Total
Average
Earnings
$21,381
$27,604
$17,929
$4,025
$9,733
$22,111
$8,909
$0
$14,022
$4,172
$3,200
$11,017
$0
$23,993
$5,229
$61,710
$7,411
$21,064
$0
$31,751
$13,741
$24,957
$13,644
$8,526
$12,653
$9,611
$23,586
$27,304
$9,422
$6,894
$10,654
$14,206
2011
Establish
ments
------0
----3
0
--0
--0
---2
-9
3
--0
--4
29
2011
National
Average
Earnings
$28,263
$36,613
$148,057
$18,210
$15,095
$53,190
$20,762
$37,203
$35,092
$29,026
$16,374
$24,602
$22,517
$27,098
$15,116
$15,864
$15,843
$29,380
$40,717
$20,966
$29,528
$24,140
$28,055
$21,925
$19,836
$15,818
$19,043
$17,263
$22,266
$17,150
$15,679
$17,659
19