Hennepin County Has Sank in Property Ownership by 1.8%, (2010 Census)

Recently reported by the 2010 Census, Hennepin County, Minnesota decreased in number of total housing units by 40,645, or 9%, since the 2000 Census-- the State of Minnesota increased in housing units by 281,255, or 12%.

Measured against the United States, Hennepin County has a medium amount of unoccupied real estate units. 33,556, or 6.6%, of properties are currently vacant in Hennepin County, Minnesota. Within these 33,556 vacant properties, 19.6% are for sale, while 41.6% are listed for rent.

                                     

Between 2000 and 2010, owner-occupied housing units in Hennepin County have decreased by 1.8%. In 2010, there were 306,121 (64.3%) owner-occupied units, while 169,792 (35.7%) housing units were leased. Hennepin County has a greater amount of residential units rented than the State of Minnesota, which reportedly had 27.0% of units occupied by renters.

Compared to other counties in the United States, Hennepin County has a medium level of residential properties that are minority-owned. 10.9% of housing units are owned and occupied by minorities in Hennepin County; while in the United States 21.7% and in the State of Minnesota 6.7% of housing units are minority-owned.

Black rented the most often, of all race\ethnic groups, in Hennepin County. 76.1% 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 fill visit the US Census website or visit our Request Census Data section and file a request.

 

 

In Hennepin County, Minnesota, the total number of workers for all sectors has decreased by 30,638 jobs between 2005 and 2010.

                                     

In Hennepin County, Minnesota, the total number of workers for all sectors has decreased by 30,638 jobs between 2005 and 2010.

Given the 256 industries with industry data reported by the BLS in each year, 95 accounted an for increase in employment during the period and 159 industries reported a drop in employment.

Of the industries (4-digit NAICS) in the area, the individual and family services industry has grown the most with 5,484 jobs added during the time period. These new jobs in individual and family services makes up 8.9% percent of the total employment growth in Hennepin County, Minnesota for the period between 2005 and 2010.

Top 5 Growing Industries
1. Individual and family services (+5484)
2. General medical and surgical hospitals (+4356)
3. Insurance carriers (+3795)
4. Other financial investment activities (+3626)
5. Management of companies and enterprises (+3623)

Given the industries in the area, the scheduled air transportation industry faced the greatest employment loss with a total loss of 6,113 jobs. The declines in scheduled air transportation make up 7.5% percent of the jobs lost during the period in Hennepin County, Minnesota between the years of 2005 and 2010.

Top 5 Declining Industries
1. Scheduled air transportation (-6,113)
2. Securities and commodity contracts brokerage (-3,751)
3. Printing and related support activities (-3,234)
4. Building equipment contractors (-3,194)
5. Nondepository credit intermediation (-3,011)

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