Franklin County Has shrunk in Terms of Housing Units Occupied by Owners by 1.3%, As Reported in the 2010 Census

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Parent Category: Arkansas

Category: Franklin County, AR

Recently reported by the 2010 Census, Franklin County, Arkansas decreased in number of total housing units by 348, or 5%, since 2000. During the same period, the State of Arkansas increased in residential properties by 143,256, or 11%.

Compared to the US, Franklin County has a low level of vacancy in residential real estate. 984, or 12.3%, are reported as unoccupied units in Franklin County, Arkansas. Within the 984 unoccupied units, 10.6% are on the real estate market to be sold, while 15.0% are listed for rent.

Owner-occupied units from 2000 to 2010 in Franklin County have decreased by 1.3%. As reported in the 2010 Census, there were 5,407 (76.8%) residential properties occupied by owner, while 1,630 (23.2%) housing units were being rented. Franklin County has a smaller amount of residential units rented than the State of Arkansas, which reportedly saw 33.0% of units rented.

Compared to other counties in the United States, Franklin County has a low level of homes that are owned by minorities. 3.5% are owned and occupied by minorities in Franklin County; while US as a whole had 21.7% and in the State of Arkansas 15.1% of homes are owned by minorities.

Black rented the most often, of all race\ethnic groups, in Franklin County. 55.6% the Black 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 Franklin County, Arkansas, the aggregate employment for all industry sectors has decreased by 35 jobs between 2005 and 2010.

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Parent Category: Arkansas

Category: Franklin County, AR

In Franklin County, Arkansas, the aggregate employment for all industry sectors has decreased by 35 jobs between 2005 and 2010.

Out of the 37 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each year, 20 accounted an for increase in employment during the period and 16 industry sectors accounting for employment declines during that time period.

The fullservice restaurants industry has accounted the most employment growth with a total of 103 employees finding new jobs in the industry. The employment growth in fullservice restaurants makes up 22.3% percent of the growth in Franklin County, Arkansas for the years between 2005 and 2010.

Top 5 Growing Industries
1. Fullservice restaurants (+103)
2. Support activities for mining (+82)
3. Beverage manufacturing (+50)
4. Specialized freight trucking (+46)
5. Accounting and bookkeeping services (+39)

Given the industries in the area, the depository credit intermediation industry has lost the most employment with a total loss of 157 jobs. The declines in depository credit intermediation make up 31.0% percent of the employment lost during the period in Franklin County, Arkansas between 2005 and 2010.

Top 5 Declining Industries
1. Depository credit intermediation (-157)
2. Grocery stores (-127)
3. Automobile dealers (-33)
4. General freight trucking (-33)
5. Limitedservice eating places (-31)

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