CENSUS VACANCY HOUSING

By
Industry Observer with Howard Sumner Consulting

 Census bureau data on vacancy of housing units, meaningful or not meaningful. My take is  if you look at 2000 census bureau data that will give you a good base line for comparisons how Montana should look in "normal" times. Montana had pulled out of dull drums of the late 80's early 90's at that time yet not experienced the boom of the mid 2000's, then look at the 2010 figures. In the past 20 years Montana increased the housing stock by 33% while increasing the population by just 23.8%. that "extra" boost in housing stock comes all the "out of state" interest in Montana.    So now the question will become based on financing availability will those areas of Montana that depended on their growth from the non-resident construction see a  longer more protracted slump in construction and their economy caused by lenders caution from the housing stock not in balance. At the very high end of the market 5 million plus  those individuals can still buy their dream yet the "debt rich" segment of the market from 300k to 2 million will most probably be gone for quite some time....................... Thoughts to ponder

Census 2010 Data as of March 19, 2011

                        Population 989,415                                                         Population 902,195                                                        Population 799,065

 

  

  

  

2010 Census

  

  

  

2000 Census

  

  

  

1990 Census

 

Total

Occupied

Vacant

%Vacant

Total

Occupied

Vacant

%Vacant

Total

Occupied

Vacant

%Vacant

Montana

482,825

409,607

73,218

15.2%

412,633

358,667

53,966

13.1%

361,155

306,163

54,992

15.2%

 

 

Columns are sortable. Click on headers to sort.

State

Total

Occupied

Vacant

Percent Vacant 2010

Percent Vacant 2000

Percent Vacant 1990

Vermont

322,539

256,442

66,097

20.5%

18.3%

22.3%

Florida

8,989,580

7,420,802

1,568,778

17.5%

13.2%

15.8%

Arizona

2,844,526

2,380,990

463,536

16.3%

13.1%

17.5%

Alaska

306,967

258,058

48,909

15.9%

15.1%

18.8%

Delaware

405,885

342,297

63,588

15.7%

12.9%

14.6%

Montana

482,825

409,607

73,218

15.2%

13.1%

15.2%

Nevada

1,173,814

1,006,250

167,564

14.3%

9.2%

10.1%

North Carolina

4,327,528

3,745,155

582,373

13.5%

11.1%

10.7%

Wyoming

261,868

226,879

34,989

13.4%

13.5%

17.0%

Alabama

2,171,853

1,883,791

288,062

13.3%

11.5%

9.8%

Idaho

667,796

579,408

88,388

13.2%

11.0%

12.7%

Wisconsin

2,624,358

2,279,768

344,590

13.1%

10.2%

11.4%

Arkansas

1,316,299

1,147,084

169,215

12.9%

11.1%

10.9%

Mississippi

1,274,719

1,115,768

158,951

12.5%

9.9%

9.8%

Hawaii

519,508

455,338

64,170

12.4%

12.4%

8.6%

Missouri

2,712,729

2,375,611

337,118

12.4%

10.1%

10.8%

Georgia

4,088,801

3,585,584

503,217

12.3%

8.4%

10.3%

Oklahoma

1,664,378

1,460,450

203,928

12.3%

11.4%

14.2%

New Mexico

901,388

791,395

109,993

12.2%

13.1%

14.1%

Louisiana

1,964,981

1,728,360

236,621

12.0%

10.3%

12.6%

North Dakota

317,498

281,192

36,306

11.4%

11.2%

12.8%

South Dakota

363,438

322,282

41,156

11.3%

10.2%

11.4%

Tennessee

2,812,133

2,493,552

318,581

11.3%

8.5%

8.5%

United States (about 83%)

111,139,849

98,657,443

12,482,406

11.2%

9.0%

10.1%

Minnesota

2,347,201

2,087,227

259,974

11.1%

8.3%

10.9%

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