Lake County Has Decreased In Owner-Occupied Residential Real Estate by 1.2%, As Reported in the 2010 Census

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Parent Category: Illinois

Category: Lake County, IL

The 2010 Census reports Lake County, Illinois decreased in total real estate dwellings by 34,391, or 15%, since the 2000 Census. At the same time, the State of Illinois increased in housing units by 411,100, or 8%.

Compared against the United States, Lake County has a high amount of unoccupied real estate units. 18,598, or 7.1%, are reported as unoccupied units in Lake County, Illinois. Of the 18,598 vacant housing units, 23.1% are on the real estate market for sale, while 28.7% are properties that are available for rent.

Between 2000 and 2010, residential properties occupied by owners in Lake County have decreased by 1.2%. By 2010, there were 185,213 (76.6%) owner-occupied units, while 56,499 (23.4%) housing units were leased. Lake County has a smaller portion of rented units than the State of Illinois, which was reported as having 32.5% of units rented.

The 2010 Census reports that Lake County has a high level of housing units that are minority-owned. 20.1% of housing units are owned and occupied by minorities in Lake County; at the same time the US as a whole had 21.7% and in the State of Illinois 20.9% of housing units are minority-owned.

Black reported being renters the highest percent in Lake County. 60.0% 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 Lake County, Illinois, the entire sum of jobs in all industries overall has decreased by 15,821 total jobs between 2005 and 2010.

Details

Parent Category: Illinois

Category: Lake County, IL

In Lake County, Illinois, the entire sum of jobs in all industries overall has decreased by 15,821 total jobs between 2005 and 2010.

Out of the 224 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each year, 92 described an expansion of jobs throughout the time period, while 131 industries reported a drop in employment.

Of the industries (4-digit NAICS) in the area, the elementary and secondary schools industry has grown the most with 1,707 new jobs created in the period. The job growth in elementary and secondary schools makes up 8.5% percent of the total growth in Lake County, Illinois between 2005 and 2010.

Top 5 Growing Industries
1. Elementary and secondary schools (+1707)
2. Druggists' goods merchant wholesalers (+1546)
3. Other general merchandise stores (+1325)
4. Limitedservice eating places (+1228)
5. Warehousing and storage (+928)

Given the industries in the area, the general medical and surgical hospitals industry witnessed the largest drop in employment, losing a total of 7,394 jobs during the time period. The jobs lost in general medical and surgical hospitals make up 14.7% percent of the total employment decline in Lake County, Illinois between 2005 and 2010.

Top 5 Declining Industries
1. General medical and surgical hospitals (-7,394)
2. Management and technical consulting services (-3,381)
3. Pharmaceutical and medicine manufacturing (-1,997)
4. Employment services (-1,818)
5. Converted paper product manufacturing (-1,645)

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