Pinal County Has Sank in Residential Real Estate Ownership by 1.3%, As Reported in the 2010 Census

Details

Parent Category: Arizona

Category: Pinal County, AZ

Recently reported by the 2010 Census, Pinal County, Arizona decreased in number of total housing units by 78,068, or 96%, (since the 2000), while the State of Arizona increased in residential properties by 655,337, or 23%.

Compared to the US, Pinal County has a very high level of vacancy in residential real estate. 33,632, or 21.1%, of properties are currently vacant in Pinal County, Arizona. Within the 33,632 unoccupied units, 16.8% are on the real estate market to be sold, while 14.5% are properties that are available for rent.

Owner-occupied units from 2000 to 2010 in Pinal County have decreased by 1.3%. In 2010, there were 95,629 (76.1%) owner-occupied housing units, while there were 29,961 (23.9%) housing units were leased. Pinal County has a smaller portion properties rented than the State of Arizona, which reportedly saw 34.0% of residential properties rented.

Compared to other counties in the United States, Pinal County has a very high level of housing units that are minority-owned. 25.5% of properties are owned by minorities in Pinal County; while in the United States 21.7% and in the State of Arizona 25.7% of residential housing units are owned by minorities.

Hispanic is the group that rents the most often in Pinal County. 43.7% the Hispanic Census group reported to occupy 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 Pinal County, Arizona, the total number of workers for all sectors has increased by 6,124 total jobs between 2005 and 2010.

Details

Parent Category: Arizona

Category: Pinal County, AZ

In Pinal County, Arizona, the total number of workers for all sectors has increased by 6,124 total jobs between 2005 and 2010.

Of the 140 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each year, 76 accounted an for increase in employment during the period and 64 industries reported a drop in employment.

Out of the 4-digit NAICS industries, the other general merchandise stores industry has grown the most with 1,843 new jobs created in the period. The job growth in other general merchandise stores makes up 15.1% percent of the growth in Pinal County, Arizona for the period between 2005 and 2010.

Top 5 Growing Industries
1. Other general merchandise stores (+1843)
2. Elementary and secondary schools (+1541)
3. Executive, legislative and general government (+1308)
4. Metal ore mining (+1093)
5. Depository credit intermediation (+510)

Given the industries in the area, the facilities support services industry experienced most substantial job loss, losing 1,738 jobs during the period. The employment lost in facilities support services make up 30.6% percent of the total job loss in Pinal County, Arizona between the years of 2005 and 2010.

Top 5 Declining Industries
1. Facilities support services (-1,738)
2. Building foundation and exterior contractors (-321)
3. Nursing care facilities (-305)
4. Other specialty trade contractors (-281)
5. Other amusement and recreation industries (-262)

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