Jefferson County Has shrunk in Real Estate Ownership by 2.4%, Since Reported Values in 2000

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Parent Category: Arkansas

Category: Jefferson County, AR

The recent 2010 Census Bureau reports Jefferson County, Arkansas increased in number of total housing units by 1,344, or 4%, since the 2000 Census-- the State of Arkansas increased in total housing units by 143,256, or 11%.

Measured against the United States, Jefferson County has a high level of vacancy in residential real estate. 4,133, or 12.5%, are currently vacant in Jefferson County, Arkansas. Among these 4,133 vacant units, 9.0% are listed for sale, while 28.0% are listed for rent.

Between 2000 and 2010, residential properties occupied by owners in Jefferson County have decreased by 2.4%. By 2010, there were 18,427 (63.8%) owner-occupied housing units, while there were 10,446 (36.2%) housing units were leased. Jefferson County has a greater portion properties rented than the State of Arkansas, which reportedly had 33.0% of units rented.

Compared to counties in the US, Jefferson County has a very high level of homes that are owned by minorities. 43.8% of housing units are owned and occupied by minorities in Jefferson County; while in the United States 21.7% and in the State of Arkansas 15.1% of residential real estate is minority-owned.

Native Hawaiian is the group with the highest percent of rental in Jefferson County. 75.0% the Native Hawaiian 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 Jefferson County, Arkansas, the entire sum of jobs in all industries overall has decreased by 2,513 jobs between 2005 and 2010.

Details

Parent Category: Arkansas

Category: Jefferson County, AR

In Jefferson County, Arkansas, the entire sum of jobs in all industries overall has decreased by 2,513 jobs between 2005 and 2010.

Given the 113 industries with industry data reported by the BLS in each year, 29 accounted an for increase in employment during the period and 81 industry sectors accounting for employment declines during that time period.

From the industries (4-digit NAICS) in the area, the elementary and secondary schools industry has added the most employment with 2,124 jobs added during the time period. These new jobs in elementary and secondary schools makes up 54.4% percent of the total employment growth in Jefferson County, Arkansas between 2005 and 2010.

Top 5 Growing Industries
1. Elementary and secondary schools (+2124)
2. Employment services (+561)
3. Power generation and supply (+321)
4. Justice, public order, and safety activities (+205)
5. Administration of economic programs (+150)

Of the area's industries (4-digit NAICS), the traveler accommodation industry faced the greatest employment loss with a total loss of 233 jobs. The declines in traveler accommodation make up 7.2% percent of the jobs lost during the period in Jefferson County, Arkansas between the years of 2005 and 2010.

Top 5 Declining Industries
1. Traveler accommodation (-233)
2. Grocery stores (-184)
3. Nursing care facilities (-158)
4. Management and technical consulting services (-139)
5. Clothing stores (-137)

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