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Montgomery County Has Sank in Terms of Housing Units Occupied by Owners by 4.3%, Since Reported Values in 2000

According to data from the 2010 Census, Montgomery County, Texas decreased in total number housing units by 64,877, or 58%, since the 2000 Census-- the State of Texas increased in housing dwelling units by 1,819,861, or 18%.

Measured against the US, Montgomery County has a very low level of vacancy in residential real estate. 15,117, or 8.5%, are reported as unoccupied units in Montgomery County, Texas. Within the 15,117 vacant housing units, 15.0% are for sale on the real estate market, while 33.9% are trying to be rented.

                                     

From 2000 to 2010, owner-occupied residential properties in Montgomery County have decreased by 4.3%. As reported in the 2010 Census, there were 120,007 (73.8%) residential properties occupied by owner, while 42,523 (26.2%) units were rented. Montgomery County has a smaller portion of units rented than the State of Texas, which reportedly had 36.3% of residential properties rented.

When compared to all counties across the US, Montgomery County has a high level of homes that are owned by minorities. 18.7% are minority-owned in Montgomery County; while in the United States 21.7% and in the State of Texas 39.6% of owner-occupied units are owned by minorities.

Black is the group with the highest percent of rental in Montgomery County. 46.5% the Black 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 Montgomery County, Texas, the aggregate employment for all industry sectors has increased by 24,072 jobs between 2005 and 2010.

                                     

In Montgomery County, Texas, the aggregate employment for all industry sectors has increased by 24,072 jobs between 2005 and 2010.

Out of the 199 industries with industry data reported by the BLS in each year, 126 described an expansion of jobs throughout the time period, while 73 industries reported employment loss in the period.

Out of the 4-digit NAICS industries, the fullservice restaurants industry has accounted the most employment growth with a total of 1,793 total jobs brought in during the period. The growth in fullservice restaurants makes up 8.1% percent of the total growth in Montgomery County, Texas between 2005 and 2010.

Top 5 Growing Industries
1. Fullservice restaurants (+1793)
2. Ag., construction, and mining machinery mfg. (+1108)
3. Limitedservice eating places (+960)
4. Department stores (+913)
5. Offices of physicians (+814)

Given the industries in the area, the traveler accommodation industry witnessed the largest drop in employment, losing a total of 520 jobs. The declines in traveler accommodation make up 9.5% percent of the jobs lost during the period in Montgomery County, Texas for the period between 2005 and 2010.

Top 5 Declining Industries
1. Traveler accommodation (-520)
2. Nonresidential building construction (-348)
3. Alcoholic beverage merchant wholesalers (-306)
4. Scientific research and development services (-303)
5. Other general purpose machinery manufacturing (-301)

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