Duval County Has Sunk in Terms of Ownership of Real Estate by 1.5%, Since the Year 2000

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Parent Category: Florida

Category: Duval County, FL

According to the 2010 Census, Duval County, Florida decreased in total number housing units by 58,708, or 18%, since 2000. During the same period, the State of Florida increased in total real estate dwellings by 1,686,633, or 19%.

Compared to the US, Duval County has a very high level of vacancy in residential real estate. 46,036, or 11.9%, of housing units are currently vacant in Duval County, Florida. Broken down, of the 46,036 unoccupied housing units, 16.2% are on the real estate market for sale, while 45.2% are available for rent.

From 2000 to 2010, housing units occupied by owners in Duval County have decreased by 1.5%. As reported in the 2010 Census, there were 211,077 (61.6%) residential properties occupied by owner, while 131,373 (38.4%) units were rented. Duval County has a greater portion properties rented than the State of Florida, which reportedly had 32.6% of residential units occupied by renters.

Compared to counties across the US, Duval County has a very high level of homes that are owned by minorities. 30.9% of housing units are owned by minorities in Duval County; at the same time the US as a whole had 21.7% and in the State of Florida 27.0% of residential real estate is minority-owned.

Black is the race\ethnic group that reportedly rented the most often in Duval County. 52.4% the Black 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 Duval County, Florida, the total number of jobs throughout all industries has decreased by 18,183 total jobs from 2005 to 2010.

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Parent Category: Florida

Category: Duval County, FL

In Duval County, Florida, the total number of jobs throughout all industries has decreased by 18,183 total jobs from 2005 to 2010.

Out of the 225 industries with industry data reported by the BLS in each year, 93 accounted an for increase in employment during the period and 132 industries reported a drop in employment.

The offices of physicians industry has brought the most jobs with a total of 2,897 total jobs brought in during the period. The growth in offices of physicians makes up 8.6% percent of the total employment growth in Duval County, Florida between the years of 2005 and 2010.

Top 5 Growing Industries
1. Offices of physicians (+2897)
2. General medical and surgical hospitals (+2183)
3. Computer systems design and related services (+2089)
4. Limitedservice eating places (+1593)
5. Securities and commodity contracts brokerage (+1432)

Given the industries in the area, the residential building construction industry witnessed the largest drop in employment, losing a total of 3,041 jobs during the time period. The jobs lost in residential building construction make up 6.2% percent of the total job loss in Duval County, Florida for the period between 2005 and 2010.

Top 5 Declining Industries
1. Residential building construction (-3,041)
2. Building equipment contractors (-2,820)
3. Building foundation and exterior contractors (-1,978)
4. Nondepository credit intermediation (-1,869)
5. Department stores (-1,813)

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