Riverside County Has Fallen Off in Ownership Residential Property by 1.5%, As Reported in the 2010 Census

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Parent Category: California

Category: Riverside County, CA

According to data from the 2010 Census, Riverside County, California decreased in total real estate dwellings by 216,033, or 37%, (since the 2000), while the State of California increased in housing units by 1,465,532, or 11%.

Measured against the United States, Riverside County has a very high level of vacancy in residential real estate. 114,447, or 14.3%, have been reported as vacant in Riverside County, California. Within these 114,447 unoccupied properties, 16.1% are on the real estate market for sale, while 20.6% are properties that are available for rent.

From 2000 to 2010, housing units occupied by owners in Riverside County have decreased by 1.5%. Reported in the 2010 Census, there were 462,212 (67.4%) owner-occupied housing units, while there were 224,048 (32.6%) housing units were being rented. Riverside County has a smaller portion of rented units than the State of California, which reportedly saw 44.1% of residential units occupied by renters.

Compared to other counties in the United States, Riverside County has a very high level of residential real estate that is minority-owned. 41.2% of housing units are owned and occupied by minorities in Riverside County; while in the United States 21.7% and in the State of California 40.5% of owner-occupied units are owned by minorities.

Black reported being renters the highest percent in Riverside County. 48.7% the Black Census group reported renting 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 Riverside County, California, the entire sum of jobs in all industries overall has decreased by 52,173 total jobs between 2005 and 2010.

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Parent Category: California

Category: Riverside County, CA

In Riverside County, California, the entire sum of jobs in all industries overall has decreased by 52,173 total jobs between 2005 and 2010.

Given the 256 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each year, 102 reported job growth in the duration of the last five years and 154 industry sectors reported declines during the time period.

Out of the 4-digit NAICS industries, the justice, public order, and safety activities industry has brought the most jobs with a total of 7,727 jobs added during the time period. These new jobs in justice, public order, and safety activities makes up 12.4% percent of the total employment growth in Riverside County, California for the period between 2005 and 2010.

Top 5 Growing Industries
1. Justice, public order, and safety activities (+7727)
2. Warehousing and storage (+4483)
3. Administration of economic programs (+3691)
4. Wireless telecommunications carriers (+3401)
5. Private households (+3195)

Of the area's industries (4-digit NAICS), the building foundation and exterior contractors industry has lost the most employment with a total loss of 14,623 jobs during the time period. The jobs lost in building foundation and exterior contractors make up 12.0% percent of the total employment decline in Riverside County, California between 2005 and 2010.

Top 5 Declining Industries
1. Building foundation and exterior contractors (-14,623)
2. Building finishing contractors (-10,490)
3. Gambling industries (-8,897)
4. Employment services (-6,396)
5. Building equipment contractors (-6,243)

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