Sarasota County Has shrunk in Ownership Residential Property by 4.1%, Since Reported Values in 2000

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Parent Category: Florida

Category: Sarasota County, FL

The 2010 Census reports Sarasota County, Florida decreased in total real estate dwellings by 45,946, or 25%, since the 2000 Census-- the State of Florida increased in total real estate dwellings by 1,686,633, or 19%.

Compared to the US, Sarasota County has a very high amount of unoccupied residential properties. 52,667, or 23.1%, are reported as unoccupied units in Sarasota County, Florida. Within the 52,667 vacant units, 9.7% are for sale on the real estate market, while 14.7% are listed in the rental market.

Owner-occupied units from 2000 to 2010 in Sarasota County have decreased by 4.1%. As reported in the 2010 Census, there were 131,759 (75.0%) owner-occupied residential properties, while there were 43,987 (25.0%) residential units were being rented. Sarasota County has a smaller amount of rentals than the State of Florida, which reportedly had 32.6% of residential units occupied by renters.

Compared to other counties in the United States, Sarasota County has a medium level of homes that are owned by minorities. 7.1% are minority-owned in Sarasota County; while in the United States 21.7% and in the State of Florida 27.0% of homes are owned by minorities.

Black is the race\ethnic group that reportedly rented the most often in Sarasota County. 53.1% 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 Sarasota County, Florida, the total number of jobs throughout all industries has decreased by 25,529 total jobs from 2005 to 2010.

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Parent Category: Florida

Category: Sarasota County, FL

In Sarasota County, Florida, the total number of jobs throughout all industries has decreased by 25,529 total jobs from 2005 to 2010.

Of the 203 industries with industry data reported by the BLS in each year, 60 reported job growth in the duration of the last five years and 142 industry sectors accounting for employment declines during that time period.

The traveler accommodation industry has added the most employment with 2,058 new jobs created in the period. The job growth in traveler accommodation makes up 17.5% percent of the total number of new jobs in Sarasota County, Florida between 2005 and 2010.

Top 5 Growing Industries
1. Traveler accommodation (+2058)
2. Other amusement and recreation industries (+1050)
3. Wired telecommunications carriers (+881)
4. Nursing care facilities (+707)
5. Community care facilities for the elderly (+629)

The employment services industry witnessed the largest drop in employment, losing a total of 4,458 jobs in that time period. The declines in employment services make up 13.7% percent of the total employment decline in Sarasota County, Florida between the years of 2005 and 2010.

Top 5 Declining Industries
1. Employment services (-4,458)
2. Building foundation and exterior contractors (-2,287)
3. Building finishing contractors (-1,683)
4. Building equipment contractors (-1,594)
5. Residential building construction (-1,426)

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