Franklin County Has Sunk in Residential Real Estate Ownership by 1.1%, Since the Year 2000

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Parent Category: Indiana

Category: Franklin County, IN

Recently reported by the 2010 Census, Franklin County, Indiana decreased in total number housing units by 942, or 11%, since the 2000 Census-- the State of Indiana increased in housing units by 263,222, or 9%.

Compared to the US, Franklin County has a low amount of vacant housing units. 959, or 10.1%, of residential units are vacant in Franklin County, Indiana. Within these 959 unoccupied housing units, 12.4% are the market to be sold, while 13.2% are listed in the rental market.

Between 2000 and 2010, residential properties occupied by owners in Franklin County have decreased by 1.1%. Reported in the 2010 Census, there were 6,893 (80.3%) owner-occupied housing units, while there were 1,686 (19.7%) residential units were being rented. Franklin County has a smaller portion of rental units than the State of Indiana, which reportedly had 30.1% of units occupied by renters.

Compared to counties across the US, Franklin County has a very low level of homes that are owned by minorities. 0.8% of housing units are owned and occupied by minorities in Franklin County; while in the U.S. 21.7% and in the State of Indiana 9.8% of residential properties are minority-owned.

Black reported being renters the highest percent in Franklin County. 100.0% the Black Census group reported renting in the 2010 Census.

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 Franklin County, Indiana, the total number of workers for all sectors has increased by 54 total jobs from 2005 to 2010.

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Parent Category: Indiana

Category: Franklin County, IN

In Franklin County, Indiana, the total number of workers for all sectors has increased by 54 total jobs from 2005 to 2010.

Out of the 38 industries with industry data reported by the BLS in each year, 14 described an expansion of jobs throughout the time period, while 23 industry sectors accounting for employment declines during that time period.

Out of the 4-digit NAICS industries, the grocery stores industry has brought the most jobs with a total of 147 new jobs created in the period. The job growth in grocery stores makes up 41.9% percent of the total growth in Franklin County, Indiana between 2005 and 2010.

Top 5 Growing Industries
1. Grocery stores (+147)
2. Depository credit intermediation (+27)
3. Offices of physicians (+23)
4. Drinking places, alcoholic beverages (+22)
5. Furniture stores (+22)

Of the area's industries (4-digit NAICS), the executive, legislative and general government industry witnessed the largest drop in employment, losing a total of 207 jobs. The declines in executive, legislative and general government make up 38.8% percent of the total job loss in Franklin County, Indiana between the years of 2005 and 2010.

Top 5 Declining Industries
1. Executive, legislative and general government (-207)
2. Limitedservice eating places (-82)
3. Residential building construction (-38)
4. Misc. nondurable goods merchant wholesalers (-31)
5. Building foundation and exterior contractors (-22)

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