Canton-Massillon Economic Dashboard
The Canton-Massillon MSA performed poorly relative to many other metro areas. It was in the bottom quartile for three, and was one spot from the bottom for employment growth.
The metro area fared better with respect to productivity growth, placing just out of the top quartile at 36.
 |
 |
 |
 |
-0.9% |
1.2% |
0.1% |
2.1% |
 |
 |
 |
 |
-0.3% |
0.6% |
0.6% |
1.0% |
Canton-Massillon Details
The table below shows how the Canton-Massillon MSA performed with respect to the underlying drivers in 2000, 2005 and in 2006. The table shows Canton-Massillon's rank among the 136 metro areas in the study.
It showed some improvement in the Individual Entrpreneurship indicator, as the Canton-Massillon MSA improved from a 100 ranking to 82. Most other indicators stayed approximately the same or showed a decline in rankings.
| Factors and Variables | Canton-Massillon MSA | |||||
|---|---|---|---|---|---|---|
| 2000 | 2005 | 2006 | ||||
Value
| Rank
| Value
| Rank
| Value
| Rank
| |
| Skilled Workforce & R&D | 119 |
117 |
123 |
|||
| pct. of population in professional occupations | 28.1 |
122 |
28.7 |
114 |
28.7 |
118 |
| pct. of population with graduate or professional degree | 5.9 |
121 |
6.1 |
124 |
6.0 |
124 |
| pct. of population with bachelor's degree | 11.5 |
119 |
12.6 |
122 |
12.1 |
123 |
| industry R&D per employee | 394.6 |
69 |
476.5 |
65 |
250.7 |
100 |
| SBIR & STTR awards per employee | 0.00 |
103 |
0.00 |
114 |
0.00 |
83 |
| population dependency | 0.40 |
110 |
0.38 |
96 |
0.39 |
111 |
| university R&D per employee | 0.0 |
98 |
0.0 |
94 |
0.0 |
118 |
| Technology Commercialization | 91 |
97 |
83 |
|||
| venture capital per employee | 0.0 |
114 |
8.3 |
83 |
0.0 |
97 |
| number of patents per employee | 0.902 |
33 |
1.095 |
27 |
1.327 |
25 |
| cost of living | 91.6 |
117 |
84.7 |
126 |
84.4 |
127 |
| Racial Inclusion & Income Equality | 40 |
74 |
41 |
|||
| pct. of Black population | 6.7 |
58 |
6.4 |
56 |
6.9 |
55 |
| isolation index for Black population | 0.42 |
79 |
0.28 |
82 |
0.31 |
86 |
| income inequality | 5.1 |
21 |
7.5 |
117 |
5.1 |
18 |
| students at schools with more than 70% free lunches | 0.084 |
64 |
0.046 |
60 |
0.054 |
61 |
| violent crime rate | 403.3 |
45 |
386.9 |
49 |
401.3 |
50 |
| Urban Assimilation | 136 |
134 |
135 |
|||
| pct. of Hispanic population | 0.9 |
131 |
0.9 |
134 |
1.0 |
134 |
| share of minority business employment (in total emp) | 0.009 |
122 |
0.009 |
122 |
0.009 |
122 |
| pct. of foreign-born population | 1.7 |
131 |
1.9 |
132 |
2.2 |
131 |
| productivity in information sector | 89.2 |
121 |
144.8 |
100 |
108.5 |
129 |
| pct. of Asian population | 0.5 |
134 |
0.6 |
133 |
0.8 |
130 |
| Legacy of Place | 17 |
17 |
16 |
|||
| business churning | 0.157 |
133 |
0.157 |
130 |
0.161 |
124 |
| climate | 14 |
122 |
14 |
122 |
14 |
122 |
| pct. of houses built before 1940 | 24.1 |
120 |
24.0 |
117 |
25.6 |
120 |
| dissimilarity index for Black population | 0.61 |
93 |
0.60 |
101 |
0.63 |
107 |
| city poverty ratio | 2.05 |
109 |
2.27 |
115 |
1.97 |
107 |
| No. of government units per capita | 1.843 |
94 |
1.843 |
94 |
1.829 |
96 |
| share of manufacturing employment | 0.24 |
130 |
0.19 |
121 |
0.17 |
127 |
| Business Dynamics | 81 |
112 |
128 |
|||
| business openings over business closings | 1.03 |
81 |
1.05 |
112 |
0.97 |
128 |
| Individual Entrepreneurship | 100 |
81 |
82 |
|||
| pct. of self employed (all industries except ag & mining) | 0.082 |
89 |
0.095 |
90 |
0.093 |
81 |
| share of business establishments with under 20 workers | 0.840 |
94 |
0.846 |
76 |
0.845 |
88 |
| Locational Amenities | 110 |
62 |
112 |
|||
| transportation index (Almanac) | 65.4 |
83 |
54.0 |
47 |
70.0 |
71 |
| arts index (Almanac) | 8.8 |
132 |
36.0 |
107 |
46.0 |
111 |
| recreation index (Almanac) | 68.0 |
77 |
70.0 |
46 |
12.0 |
131 |
| health index (Almanac) | 34.3 |
103 |
53.0 |
47 |
44.0 |
93 |
| Urban/ Metro Structure | 32 |
42 |
42 |
|||
| share of city population in MSA population | 0.20 |
38 |
0.18 |
38 |
0.19 |
37 |
| property crime rate | 3423.7 |
37 |
3764.9 |
60 |
3548.8 |
54 |
