Benton County Has Sank in Terms of Home Ownership by 4.0%, From 2000 to 2010, According to the 2010 Census

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Parent Category: Arkansas

Category: Benton County, AR

According to the 2010 Census, Benton County, Arkansas decreased in number of total housing units by 28,803, or 45%, (since the 2000), while the State of Arkansas increased in total real estate dwellings by 143,256, or 11%.

Measured against the United States, Benton County has a very high level of vacancy in residential real estate. 10,997, or 11.8%, have been reported as vacant in Benton County, Arkansas. Within these 10,997 vacant properties, 21.5% are for sale, while 33.2% are listed for lease.

Between 2000 and 2010, owner-occupied units in Benton County have decreased by 4.0%. By 2010, there were 55,979 (68.2%) housing units occupied by owners, while 26,108 (31.8%) residential units were being rented. Benton County has a smaller amount of residential units rented than the State of Arkansas, which reportedly saw 33.0% of residential units occupied by renters.

Compared to counties across the US, Benton County has a high level of homes that are owned by minorities. 13.0% of housing units are owned by minorities in Benton County; at the same time the US as a whole had 21.7% and in the State of Arkansas 15.1% of owner-occupied units are owned by minorities.

Native Hawaiian is the race\ethnic group that reportedly rented the most often in Benton County. 78.6% the Native Hawaiian Census group reported renting in the 2010 Census.

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 Benton County, Arkansas, the total number of jobs throughout all industries has increased by 2,507 total jobs between 2005 and 2010.

Details

Parent Category: Arkansas

Category: Benton County, AR

In Benton County, Arkansas, the total number of jobs throughout all industries has increased by 2,507 total jobs between 2005 and 2010.

Out of the 161 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each year, 92 described an expansion of jobs throughout the time period, while 67 industries reported a drop in employment.

From the industries (4-digit NAICS) in the area, the elementary and secondary schools industry has brought the most jobs with a total of 4,777 new jobs created in the period. The job growth in elementary and secondary schools makes up 27.1% percent of the total growth in Benton County, Arkansas between the years of 2005 and 2010.

Top 5 Growing Industries
1. Elementary and secondary schools (+4777)
2. General medical and surgical hospitals (+1509)
3. Fruit and vegetable preserving and specialty (+1132)
4. Limitedservice eating places (+920)
5. Electronic markets and agents and brokers (+674)

Given the industries in the area, the management of companies and enterprises industry faced the greatest employment loss with a total loss of 12,500 jobs. The declines in management of companies and enterprises make up 55.2% percent of the jobs lost during the period in Benton County, Arkansas for the period between 2005 and 2010.

Top 5 Declining Industries
1. Management of companies and enterprises (-12,500)
2. General freight trucking (-3,313)
3. Employment services (-977)
4. Grocery and related product wholesalers (-698)
5. Other amusement and recreation industries (-647)

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