Monmouth County Has Escalated in Residential Property Ownership by 0.2%, Since the Year 2000

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Parent Category: New Jersey

Category: Monmouth County, NJ

According to data from the 2010 Census, Monmouth County, New Jersey decreased in housing units by 17,526, or 7%, since the 2000 Census. At the same time, the State of New Jersey increased in residential properties by 243,287, or 7%.

Measured against the United States, Monmouth County has a medium amount of unoccupied residential real estate. 24,427, or 9.5%, of residential units are vacant in Monmouth County, New Jersey. Of the 24,427 vacant residential properties, 11.6% are listed for sale, while 21.6% are available for rent.

From 2000 to 2010, housing units occupied by owners in Monmouth County have increased by 0.2%. Reported in the 2010 Census, there were 175,157 (74.9%) units occupied by owners, while there were 58,826 (25.1%) units were rented. Monmouth County has a smaller portion properties rented than the State of New Jersey, which the Census reported had 34.6% of units occupied by renters.

Compared to other counties in the United States, Monmouth County has a high level of homes that are owned by minorities. 13.0% of properties are owned by minorities in Monmouth County; while in the United States 21.7% and in the State of New Jersey 23.0% of homes are owned by minorities.

Black reported being renters the highest percent in Monmouth County. 57.6% 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 Monmouth County, New Jersey, the total number of workers for all sectors has decreased by 11,642 total jobs from 2005 to 2010.

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Parent Category: New Jersey

Category: Monmouth County, NJ

In Monmouth County, New Jersey, the total number of workers for all sectors has decreased by 11,642 total jobs from 2005 to 2010.

Out of the 219 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each year, 87 showed an escalation in the number employed, while 132 industry sectors reported declines during the time period.

Out of the 4-digit NAICS industries, the fullservice restaurants industry has added the most employment with 895 employees finding new jobs in the industry. The employment growth in fullservice restaurants makes up 6.2% percent of the total number of new jobs in Monmouth County, New Jersey between 2005 and 2010.

Top 5 Growing Industries
1. Fullservice restaurants (+895)
2. Management and technical consulting services (+879)
3. Offices of physicians (+810)
4. Other amusement and recreation industries (+706)
5. Personal care services (+704)

The general medical and surgical hospitals industry has lost the most employment with a total loss of 8,770 jobs during the period. The employment lost in general medical and surgical hospitals make up 24.2% percent of the employment lost during the period in Monmouth County, New Jersey for the years between 2005 and 2010.

Top 5 Declining Industries
1. General medical and surgical hospitals (-8,770)
2. Employment services (-2,044)
3. Scientific research and development services (-1,632)
4. Residential building construction (-1,525)
5. Unclassified (-1,484)

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