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The Economic Value of Water and Ecosystem Preservation

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<strong>The</strong> County also shows a lower educational attainment compared to Texas<br />

<strong>and</strong> the nation. In 2000, 69 percent <strong>of</strong> persons aged 25 <strong>and</strong> older completed<br />

High School <strong>and</strong> only 12 percent <strong>of</strong> this group had a Bachelor’s degree (Table 5-<br />

4).<br />

Calhoun is the only county analyzed that shows an increase in the level <strong>of</strong><br />

poverty from 2001 to 2004. In 2001, there were 16.3 percent <strong>of</strong> people <strong>of</strong> all<br />

ages living in poverty <strong>and</strong> in 2004 this percentage increased to 16.6. This<br />

translates to an increase from 3,349 to 3,409 persons living under such<br />

conditions (Figure 5-2).<br />

Real per capita personal income is the lowest <strong>of</strong> the three Counties analyzed<br />

(Figure 3). It increased from $20,881 ($21,475) in 2001 to $23,756 ($24,561) in<br />

2005. In 2005, the County was ranked 154 th <strong>of</strong> the 254 counties in Texas. On<br />

the other h<strong>and</strong>, Calhoun’s real average wage per job is significantly greater than<br />

Aransas’ <strong>and</strong> Refugio’s <strong>and</strong> also greater than Texas’. It increased from $38,386<br />

($39,479) to $42,705 ($44,152) during the same period <strong>of</strong> time (Figure 5-4).<br />

<strong>The</strong> number <strong>of</strong> full-time <strong>and</strong> part-time jobs decreased from 13,459 in 2001 to<br />

12,787 in 2005, a decrease <strong>of</strong> 4.9 percent (Bureau <strong>of</strong> <strong>Economic</strong> Analysis, 2007).<br />

Similarly, the unemployment rate increased from 4.7% in 2000 to 6% in 2005;<br />

however, it had decreased again in 2006 to 4.9 percent (Figure 5-5). From<br />

January 2007 to June 2007, the average unemployment rate was 4.4 percent.<br />

Calhoun’s major employers are Alcoa, INEOS Nitriles (formerly BP), Calhoun<br />

County Independent School District, Calhoun County, Formosa Plastics,<br />

Harmony Industrial, H.E.B., International Bank <strong>of</strong> Commerce, King Fisher Marine<br />

service, SSI Management Group, Dow Chemical, Seadrift Coke LP, <strong>and</strong> Inteplast<br />

Group (<strong>Economic</strong> Development Corporation, 2007).<br />

Figure 5-7 shows the percentage <strong>of</strong> employment by sector in 2005, which<br />

indicates that the major industry employers are Manufacturing (26%),<br />

Construction (15%), Government (12%) <strong>and</strong> Trade (10%). Fishing accounts for<br />

only 3% <strong>of</strong> the total employment.<br />

51

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