Merced County Has Dropped In Owner-Occupied Residential Real Estate by 4.3%, As the 2010 Census Reports

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Parent Category: California

Category: Merced County, CA

Recently reported by the 2010 Census, Merced County, California decreased in total real estate dwellings by 15,325, or 22%, (since the 2000 census), during the same time, the State of California increased in total real estate dwellings by 1,465,532, or 11%.

Compared to the US, Merced County has a very high level of vacancy in residential housing. 8,056, or 9.6%, currently are unoccupied in Merced County, California. Within these 8,056 vacant units, 17.0% are the market to be sold, while 38.0% are available for rent.

Between 2000 and 2010, owner-occupied units in Merced County have decreased by 4.3%. According to the 2010 Census, there were 41,196 (54.5%) owner-occupied units, while 34,446 (45.5%) residential units were being rented. Merced County has a greater amount of rentals than the State of California, which had 44.1% of residential units occupied by renters.

Compared to counties in the US, Merced County has a very high level of homes that are owned by minorities. 48.1% are owned and occupied by minorities in Merced County; while in the United States 21.7% and in the State of California 40.5% of homes are owned by minorities.

Black is the race\ethnic group that reportedly rented the most often in Merced County. 63.7% the Black Census group reportedly were renters in 2010.

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 Merced County, California, the aggregate employment for all industry sectors has decreased by 644 jobs from 2005 to 2010.

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Parent Category: California

Category: Merced County, CA

In Merced County, California, the aggregate employment for all industry sectors has decreased by 644 jobs from 2005 to 2010.

Given the 143 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each year, 66 described an expansion of jobs throughout the time period, while 75 industries reported a drop in employment.

Of the industries (4-digit NAICS) in the area, the animal slaughtering and processing industry has grown the most with 2,162 total jobs brought in during the period. The growth in animal slaughtering and processing makes up 24.0% percent of the total growth in Merced County, California between the years of 2005 and 2010.

Top 5 Growing Industries
1. Animal slaughtering and processing (+2162)
2. Vegetable and melon farming (+857)
3. Limitedservice eating places (+599)
4. Grocery and related product wholesalers (+509)
5. Specialized freight trucking (+432)

Of the area's industries (4-digit NAICS), the private households industry has lost the most employment with a total loss of 1,101 jobs during the time period. The jobs lost in private households make up 13.3% percent of the total employment decline in Merced County, California between 2005 and 2010.

Top 5 Declining Industries
1. Private households (-1,101)
2. Fruit and vegetable preserving and specialty (-992)
3. Building foundation and exterior contractors (-600)
4. Residential building construction (-513)
5. Building finishing contractors (-392)

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