Lake County Has Sunk in Residential Real Estate Ownership by 2.7%, Since the Year 2000

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Parent Category: Tennessee

Category: Lake County, TN

Recently reported by the 2010 Census, Lake County, Tennessee increased in number of dwellings by 118, or 4%, since the 2000 Census-- the State of Tennessee increased in housing units by 372,690, or 13%.

Put side by side with the United States, Lake County has a very low level of vacancy in residential housing. 328, or 12.6%, are reported as unoccupied units in Lake County, Tennessee. Within these 328 unoccupied housing units, 10.4% are for sale, while 32.3% are listed for lease.

From 2000 to 2010, housing units occupied by owners in Lake County have decreased by 2.7%. As reported in the 2010 Census, there were 1,300 (57.3%) owner-occupied units, while 970 (42.7%) units were rented. Lake County has a greater amount of rentals than the State of Tennessee, which had 31.8% of units occupied by renters.

Compared to other counties in the United States, Lake County has a high level of owner-occupied units that are owned by minorities. 13.5% are owned by minorities in Lake County; while in the U.S. 21.7% and in the State of Tennessee 14.6% of housing units are minority-owned.

Black is the race\ethnic group that reportedly rented the most often in Lake County. 64.3% the Black Census group reportedly were renters in 2010.

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, Tennessee, the total number of jobs throughout all industries has increased by 206 jobs between 2005 and 2010.

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Parent Category: Tennessee

Category: Lake County, TN

In Lake County, Tennessee, the total number of jobs throughout all industries has increased by 206 jobs between 2005 and 2010.

From the 14 industries with industry data reported by the BLS in each year, 8 accounted an for increase in employment during the period and 5 industry sectors reported declines during the time period.

From the industries (4-digit NAICS) in the area, the elementary and secondary schools industry has grown the most with 26 new jobs created in the period. The job growth in elementary and secondary schools makes up 27.4% percent of the total number of new jobs in Lake County, Tennessee between 2005 and 2010.

Top 5 Growing Industries
1. Elementary and secondary schools (+26)
2. Oilseed and grain farming (+26)
3. Traveler accommodation (+23)
4. Gasoline stations (+11)
5. Health and personal care stores (+5)

From of the area's 4-digit NAICS industries, the grocery stores industry faced the greatest employment loss with a total loss of 39 jobs during the period. The employment lost in grocery stores make up 45.9% percent of the jobs lost during the period in Lake County, Tennessee between the years of 2005 and 2010.

Top 5 Declining Industries
1. Grocery stores (-39)
2. Fullservice restaurants (-26)
3. Depository credit intermediation (-14)
4. Legal services (-4)
5. Postal service (-2)

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