Towns County Has Decayed in Real Estate Ownership by 5.1%, According to the 2010 Census

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Parent Category: Georgia

Category: Towns County, GA

According to data from the 2010 Census, Towns County, Georgia decreased in number of dwellings by 1,449, or 23%, since 2000. During the same period, the State of Georgia increased in total housing units by 807,064, or 20%.

Compared to the US, Towns County has a medium amount of unoccupied real estate units. 3,221, or 41.7%, are currently vacant in Towns County, Georgia. Within the 3,221 vacant units, 9.1% are on the real estate market to be sold, while 7.4% are listed in the rental market.

Between 2000 and 2010, residential properties occupied by owners in Towns County have decreased by 5.1%. According to the 2010 Census, there were 3,613 (80.1%) units occupied by owners, while there were 897 (19.9%) units were rented. Towns County has a smaller portion of rented units than the State of Georgia, which reportedly saw 34.3% of units occupied by renters.

When compared to other counties across the US, Towns County has a very low level of residential real estate that is minority-owned. 1.5% of housing units are owned by minorities in Towns County; while in the U.S. 21.7% and in the State of Georgia 30.2% of homes are owned by minorities.

Black rents more often than other race\ethnic group in Towns County. 100.0% the Black Census group reportedly occupied a rental.

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 Towns County, Georgia, the total number of jobs throughout all industries has decreased by 340 total jobs between 2005 and 2010.

Details

Parent Category: Georgia

Category: Towns County, GA

In Towns County, Georgia, the total number of jobs throughout all industries has decreased by 340 total jobs between 2005 and 2010.

Out of the 36 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each year, 13 accounted an for increase in employment during the period and 22 industry sectors accounting for employment declines during that time period.

Of the industries (4-digit NAICS) in the area, the lessors of real estate industry has accounted the most employment growth with a total of 44 total jobs brought in during the period. The growth in lessors of real estate makes up 23.8% percent of the total employment growth in Towns County, Georgia between 2005 and 2010.

Top 5 Growing Industries
1. Lessors of real estate (+44)
2. Other general merchandise stores (+40)
3. Direct selling establishments (+19)
4. Offices of physicians (+14)
5. General freight trucking (+14)

The home health care services industry experienced most substantial job loss, losing 147 jobs during the time period. The jobs lost in home health care services make up 24.1% percent of the total job loss in Towns County, Georgia between 2005 and 2010.

Top 5 Declining Industries
1. Home health care services (-147)
2. Grocery stores (-126)
3. Residential building construction (-74)
4. Specialized freight trucking (-35)
5. Building equipment contractors (-34)

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