AREA INFORMATION

Area

The Evansville, Indiana/Henderson, Kentucky metropolitan statistical area consists of Vanderburgh, Posey, and Warrick counties in Indiana and Henderson county in Kentucky. The land area is as follows:

City of Evansville 41 sq. miles (105 sq. km.)

Evansville area 1.532 sq. miles (3,846 sq. km.)

Vanderburgh county 241 sq. miles (611 sq. km.)

Posey county 410 sq. miles (1,062 sq. km.)

Warrick county 391 sq. miles (1,013 sq. km.)

Henderson county

Close-by is:

Gibson County 490 sq. miles (1,269 sq. km.)

Location

The Evansville region is tucked neatly into the southwestern corner of Indiana The major city of the region, Evansville, is located in Vanderburgh County on the Ohio River. Evansville and the Southwestern Indiana region are within reasonable distances to a number of major urban centers, as well as being central to the United States as a whole.

Longitude 87 degree 32' W

Latitude 38 degree 03' N

Elevation 385.5 ft. above sea level

Distance to Major Cities

Louisville, KY 126 miles (202 km)

Nashville, TN 156 miles (250 km)

Indianapolis, IN 176 miles (283 km)

St. Louis, MO 174 miles (280 km)

Chicago, IL 300 miles (480 km)

New York, NY 740 miles (1,184 km)

Desoto, MO 190 miles (305 km) - Population Center of the United States

Lebanon, KS 676, miles (1,087 km) - Geographic center of the United States

Climate

The Evansville region has a mild climate with average temperature ranging from 33 degrees in January to 78 degrees in July. The annual average temperature is 56 degrees, the monthly average rainfall is 3.5 inches, and the annual snowfall is 13 inches with accumulation rare.

Economy

Stability, diversity and maturity best describe the economy of the Evansville region. Evansville has grown and developed into a respected center for manufacturing, warehousing, wholesaling, and retailing as well as insurance, finance, and health services. The Evansville area is known for the production of appliances, nutritional products, pharmaceuticals, prepared foods, aluminum sheet and ingot processing, auto glass, coal and oil production, plastics (including finished product), resins, and pellets and is also known for the production of corn, soybean, and wheat.

Population

As a metropolitan area, the Evansville region (including Henderson, Kentucky) ranks 114th in the nation and the city of Evansville ranks 130th in the nation. Evansville is the third largest city in the state of Indiana.

Households

Evansville region 120,962

City of Evansville 55,144

Income

Average effective buying income per capita in the Evansville region is $13,041. The average household effective buying income is $33,465.

Source: Survey of Buying Power—1991

Employment Data

The Evansville area has a diversified economy. Total non-agricultural wage and salaried employment in the Evansville area has risen from $125,200 in 1984 to $138,700 in 1990—an increase of 10.8 percent. While manufacturing employment over the past ten years has decreased, employment in trade and services has increased, reflecting a national trend.

Employment by Section (Evansville MSA)

Total non-agricultural wage and salaried employment $135,400 (100.0%)

Total manufacturing employment $ 30,700 (22.7%)

Non-durable goods 15,500

Durable goods 15,500

Total non-manufacturing employment $104,700 (77.3%)

Mining and quarrying 2,100

Construction 7,300

Transportation, communication and utilities 7,000

Wholesale and retail trade 35,400

Finance, insurance and real estate 5,300

Services 34,600

Government (including schools) 13,000

Source: Indiana Department of Employment and Training Services

Major Employers

ALCOA Warrick Operations 3,900 employees - Aluminum sheet ingot

Whirlpool Corporation 3,300 employees - Refrigerators

Bristol-Myers Squibb 3,100 employees - Nutritional/Pharmaceutical

Evansville/Vanderburgh School Corporation 2,841 employees - Educational services

Deaconess Hospital 2,406 employees - Medical services

St. Mary's Medical Center 2,200 employees - Medical services

General Electric Co. 1,600 employees - Plastic-Lexan, valox and ultem

T.J. Maxx 1,500 employees Retail distribution center-

City of Evansville 1,288 employees - Government offices

University of Southern Indiana 986 employees - Educational services

Warrick County Schools 812 employees - Educational services

Vanderburgh County 800 employees - Government offices

American General Finance 721 employees - Financial services

Peabody Coal Co. 585 employees - Coal Mining

Windsor Plastics 520 employees - Plastics Manufacturing

Keller-Crescent Co 500 employees - Advertising/ Commercial printing

University of Evansville 442 employees - Educational services

George Koch & Sons, Inc. 350 employees -Industrial oven and spray booth conveyors

Labor Force

The Evansville region’s well-trained, highly motivated labor force now totals over 155,000. Because of the proximity of the surrounding counties and ease of access to the Evansville area, businesses routinely draw from a labor force that lies within a 5-mile radius of their work site.

"Covered Employment and Payroll Reports," an Indiana Department of Employment and Training Services publication provides average weekly earnings for all Indiana counties. According to the report for the first quarter of 1991, the average weekly earnings were as follows:

Vanderburgh county $390

Posey county $495

Warrick county $519

Gibson county $355

Average Earnings by Selected Occupation Groups

Office workers $318.26/week

Technical and data processing $371.39/week

Skilled workers $11.62/hour

Semiskilled workers $8.42/hour

Unskilled workers $7.83/hour

Source: Metropolitan Evansville Chamber of Commerce and Evansville Personal Association Annual Wage Survey

Finance

Total commercial banking assets of the holding companies headquartered in the Evansville area were $11.1 Billion. Major banks in the area include Old National Bank, Fifth-Third Bank, and Integra Bank. Evansville area banks and savings and loans rank among the nations strongest and safest financial institutions.

Retail Trade

Major shopping areas and centers abound since Evansville serves as the nucleus of a thirty-six- county retail trade area. Total estimated retail sales in the Evansville area were $1.9 billion in 1990.