Fayette County Has shrunk in Residential Real Estate Ownership by 3.1%, From 2000 to 2010, According to the 2010 Census

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Parent Category: Alabama

Category: Fayette County, AL

The recent 2010 Census Bureau reports Fayette County, Alabama increased in number of total housing units by 35, or 0%, since the 2000 Census. At the same time, the State of Alabama increased in residential properties by 208,142, or 10%.

Compared to the US, Fayette County has a medium level of vacancy in residential housing. 1,337, or 15.8%, are currently vacant in Fayette County, Alabama. Within the 1,337 vacant properties, 7.6% are the market to be sold, while 13.7% are reported as being listed for rented.

Between 2000 and 2010, owner-occupied housing units in Fayette County have decreased by 3.1%. By 2010, there were 5,271 (74.2%) housing units occupied by owners, while 1,829 (25.8%) residential properties were being rented. Fayette County has a smaller amount of rentals than the State of Alabama, which reportedly saw 30.3% of the housing units occupied by renters.

When compared to all counties across the US, Fayette County has a medium level of residential housing units that are owned by minorities. 10.9% are owned and occupied by minorities in Fayette County; while in the U.S. 21.7% and in the State of Alabama 23.0% of residential properties are minority-owned.

Black is the group with the highest percent of rental in Fayette County. 42.4% the Black Census group occupies a rented housing unit.

Datasource:  U.S. Census Bureau, Census 2010 Summary File 1. For more information, please visit the US Census website or visit our Request Census Data section and file a request.

In Fayette County, Alabama, the aggregate employment for all industry sectors has decreased by 1,471 jobs from 2005 to 2010.

Details

Parent Category: Alabama

Category: Fayette County, AL

In Fayette County, Alabama, the aggregate employment for all industry sectors has decreased by 1,471 jobs from 2005 to 2010.

Given the 39 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each year, 13 accounted an for increase in employment during the period and 25 industries reported a drop in employment.

The depository credit intermediation industry has accounted the most employment growth with a total of 76 jobs added during the time period. These new jobs in depository credit intermediation makes up 28.8% percent of the total employment growth in Fayette County, Alabama between the years of 2005 and 2010.

Top 5 Growing Industries
1. Depository credit intermediation (+76)
2. Home health care services (+72)
3. Utility system construction (+46)
4. Nondepository credit intermediation (+22)
5. Petroleum merchant wholesalers (+13)

The cut and sew apparel manufacturing industry witnessed the largest drop in employment, losing a total of 305 jobs. The declines in cut and sew apparel manufacturing make up 22.7% percent of the jobs lost during the period in Fayette County, Alabama for the years between 2005 and 2010.

Top 5 Declining Industries
1. Cut and sew apparel manufacturing (-305)
2. Other general merchandise stores (-264)
3. Other wood product manufacturing (-234)
4. Limitedservice eating places (-221)
5. Investigation and security services (-72)

Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).