Putnam County Has Declined in Residential Property Ownership by 3.6%, Since 2000

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Parent Category: Tennessee

Category: Putnam County, TN

The 2010 Census reports Putnam County, Tennessee decreased in total real estate dwellings by 4,966, or 18%, (since the 2000), while the State of Tennessee increased in residential properties by 372,690, or 13%.

When Measured against the US, Putnam County has a very low level of vacancy in residential real estate. 2,952, or 9.3%, of properties are currently vacant in Putnam County, Tennessee. Among these 2,952 unoccupied housing units, 13.7% are on the real estate market to be sold, while 35.5% are listed in the rental market.

From 2000 to 2010, housing units occupied by owners in Putnam County have decreased by 3.6%. By 2010, there were 17,935 (62.0%) housing units occupied by owners, while 10,995 (38.0%) residential units were being rented. Putnam County has a greater amount of rentals than the State of Tennessee, which reportedly saw 31.8% of units rented.

Compared to counties across the US, Putnam County has a low level of residential properties that are minority-owned. 4.1% are owned by minorities in Putnam County; at the same time the US as a whole had 21.7% and in the State of Tennessee 14.6% of residential properties are minority-owned.

Black rents more often than other race\ethnic group in Putnam County. 67.2% the Black Census group reportedly occupied a rental.

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 Putnam County, Tennessee, the total number of workers for all sectors has decreased by 980 jobs between 2005 and 2010.

Details

Parent Category: Tennessee

Category: Putnam County, TN

In Putnam County, Tennessee, the total number of workers for all sectors has decreased by 980 jobs between 2005 and 2010.

Out of the 124 industries with industry data reported by the BLS in each year, 54 accounted an for increase in employment during the period and 68 industries reported a drop in employment.

The nondepository credit intermediation industry has grown the most with 437 employees finding new jobs in the industry. The employment growth in nondepository credit intermediation makes up 12.8% percent of the total number of new jobs in Putnam County, Tennessee between the years of 2005 and 2010.

Top 5 Growing Industries
1. Nondepository credit intermediation (+437)
2. Fullservice restaurants (+393)
3. Grocery stores (+386)
4. Grocery and related product wholesalers (+199)
5. Child day care services (+164)

The motor vehicle parts manufacturing industry witnessed the largest drop in employment, losing a total of 630 jobs. The declines in motor vehicle parts manufacturing make up 20.0% percent of the jobs lost during the period in Putnam County, Tennessee between 2005 and 2010.

Top 5 Declining Industries
1. Motor vehicle parts manufacturing (-630)
2. General freight trucking (-204)
3. Office furniture and fixtures manufacturing (-143)
4. Converted paper product manufacturing (-132)
5. Vending machine operators (-126)

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