Smith County Has Sunk in Housing Ownership by 2.2%, Since 2000

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Parent Category: Tennessee

Category: Smith County, TN

According to data from the 2010 Census, Smith County, Tennessee decreased in housing units by 864, or 11%, (since the 2000), while the State of Tennessee increased in housing units by 372,690, or 13%.

Put side by side with the United States, Smith County has a very low amount of unoccupied residential real estate. 1,119, or 13.1%, are currently vacant in Smith County, Tennessee. Among the 1,119 vacant housing units, 13.4% are for sale, while 20.3% are listed in the rental market.

Between 2000 and 2010, owner-occupied housing units in Smith County have decreased by 2.2%. By 2010, there were 5,667 (76.5%) owner-occupied units, while 1,743 (23.5%) residential units were being rented. Smith County has a smaller amount of rentals than the State of Tennessee, which reportedly saw 31.8% of units occupied by renters.

When compared to other counties across the US, Smith County has a low level of residential housing units that are owned by minorities. 3.9% are minority-owned in Smith County; while US as a whole had 21.7% and in the State of Tennessee 14.6% of housing units are minority-owned.

American Indian is the race\ethnic group that reportedly rented the most often in Smith County. 42.9% the American Indian Census group occupies 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 Smith County, Tennessee, the total number of jobs throughout all industries has decreased by 768 total jobs between 2005 and 2010.

Details

Parent Category: Tennessee

Category: Smith County, TN

In Smith County, Tennessee, the total number of jobs throughout all industries has decreased by 768 total jobs between 2005 and 2010.

Of the 42 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each year, 20 showed an escalation in the number employed, while 21 industries reported a drop in employment.

The motor vehicle parts manufacturing industry has added the most employment with 255 total jobs brought in during the period. The growth in motor vehicle parts manufacturing makes up 34.6% percent of the total growth in Smith County, Tennessee for the period between 2005 and 2010.

Top 5 Growing Industries
1. Motor vehicle parts manufacturing (+255)
2. General medical and surgical hospitals (+229)
3. Fullservice restaurants (+89)
4. Architectural and engineering services (+27)
5. Services to buildings and dwellings (+21)

Of the area's industries (4-digit NAICS), the grocery stores industry witnessed the largest drop in employment, losing a total of 139 jobs during the period. The employment lost in grocery stores make up 23.1% percent of the jobs lost during the period in Smith County, Tennessee between 2005 and 2010.

Top 5 Declining Industries
1. Grocery stores (-139)
2. Depository credit intermediation (-106)
3. Limitedservice eating places (-62)
4. Automobile dealers (-43)
5. Offices of physicians (-40)

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