2011 CAFR Executive Summary - Laserfiche WebLink

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$33,981 and the United States per capita income of$39,937. The per capita income in St. Joseph County compares favorably with many of its surrounding counties—Elkhart ($29,846), La Porte ($30,440), and Marshall ($28,598) in Indiana and Cass ($22,698) and Berrien ($24,025)in Michigan. Health and education lead the employment statistics for St. Joseph County. The largest employers in St. Joseph County as of December 2011 were as follows: University of Notre Dame (5,213); South Bend Community School Corporation (3,298); Memorial Health Systems (3,000)); Saint Joseph Regional Medical Center(2,221); The Diocese of Fort Wayne/South Bend (1,456); Indiana University at South Bend (1,445); AM General (1,349); 1" Source Bank (1,223); the City of South Bend (1,133); St. Joseph County(1,049). The following provides a profile of the residents of St Joseph County: Gender: 48.5%male; 51.5% female Age: 36.2% 0-24 years of age; 25.3% 25-44 years of age; 25.3%% 45-64 years of age; and 13.2% 65 years of age and older. Race: 78.7%White; 12.4% Black/African American; 6.9% Hispanic/Latino; 1.9% Asian; and .1% Other Marital Status: 46.1% Married; 53.9% Single/Widowed/Divorced/Other Home Ownership: 69.3% own; 30.7% rent/other The cost 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. Per a report compiled by the National Realtor's Association in the first quarter of 2012, the median sales price for a single family home in the South Bend-Mishawaka Statistical Area was $69,400 as compared to a median sales price of$157,200 in Chicago and $115,400 in Indianapolis. The national median sales price is $158,000. The City of South Bend continues to place high emphasis on a growing and diversified local economy. It has been active in developing ten industrial parks, offering itself as a low-cost alternative to the Chicago metropolitan area to companies engaged in light manufacturing, distribution and services. More than 240 businesses operate in South Bend's industrial parks, including companies engaged in metalworking, plastics, warehousing and distribution, and professional services. In recent years, the City has developed Innovation and Ignition parks, the first dual-site, state-certified technology park in the State of Indiana. The South Bend Community School Corporation serves the entire City and some of the surrounding area and has a current enrollment of approximately 20,134 students in grades kindergarten through high school. An estimated 5,757 students attend private or parochial schools within the City. The nine institutions of higher education and technical training located 5