2006 Performance Based Budget - Laserfiche WebLink

Home Browse Search

unemployment rate of around 5.3% which compares favorably to the December 2005 State of Indiana rates of 5.4%. The 2005 employment profile for St. Joseph County provides a goad overview of the economic make-up of this community. Employment statistics for the County's major economic sectors are as follows: Economic Sector Construction Manufacturing Transportation, Communication & Public Utilities Wholesale Trade Retail Trade Finance, Insurance & Real Estate Services Governmental (excluding Federal) Number Employed (thousands) % of Total 6.2 3.06% 21.7 10.74% 4.5 2.22% 7.6 3.76% 17.3 8.56% 7.2 3.56% 121.5 60.14% 16.0 796% St. Joseph County presently has an estimated 9$,500 households with per household income as follows: 12% with household incomes that exceed $75,000; 18% with incomes $50,000 to $75,000; 25 % with incomes $35,000 to $49,999; 18% with incomes $25,000 to $34,999; 15% with incomes $15,000 to $24,999; and the remaining 12% with household incomes under $15,000 per year. The median household effective buying income (disposable income after taxes) in the County in 2000 was $40,420, which equated to more than $4.36 billion in effective buying income for this area. Health and education lead the employment statistics for St. Joseph County. The largest employers in the County as of December 2005 were as follows: University of Notre Dame {4,802}; Memorial Health System (3,493); South Bend Community School Corporation (3,303}; Saint Joseph Regional Medical Center, Inc {2,935); The Diocese of Fort Wayne/South Bend (2,500}; AM General (2,151); St. Joseph County (1,750); Martin=s Super Markets (1,484); City of South Bend (1,400) and Indiana University South Bend {1,300). The following provides a profile of the adult population. residing in St. Joseph County: Gender: 48% male; 52% ferrule Age: 11.5% 18-24 years of age; 2b.2% 25-44 years of age; 23.1% 45-64 and 13.2% 65 years or older Race: 84.2% White; 12.0°/© Black/African American; S.5% Hispanic/Latino; 1.6% Asian; and 1.8% Other Marital Status: 50% Married; 18% Widowed/DivorcedlSeparated; and 32% Single Home Ownership: 67.5% own; 26.7% rent Type of Dwelling: 7$.6% single unit; 21.4% other The cast of living continues to be one of the greatest advantages of living in this community. The housing costs in South Bend are well below the national and regional averages. During the second quarter of 2005, the median sales price for a single family home (per the National and Indiana Association of Realtors) for the nation and the Midwest were $191,300 and $157,200, respectively, compared to South Bend's median price of only $93,800. For the same period, v