Unemployment

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Here are the most recent figures for unemployment in Placer County as of May 2009 per the Employment Development Department. The figures below consider both cities and Census Designated Places (CDP). Placer County as a whole has an unemployment rate of 10.9% (in comparison to Sacramento County’s rate of 11.1%).

Auburn city        9.0%

Colfax city         14.5%

Dollar Point CDP         12.9%

Foresthill CDP     16.7%

Granite Bay CDP        7.3%

Kings Beach CDP       10.6%

Lincoln city       19.3%

Loomis town      6.9%

Meadow Vista CDP        10.5%

North Auburn CDP         14.0%

Rocklin city       7.5%

Roseville city     10.9%

Sunnyside Tahoe City CDP         11.0%

Tahoe Vista CDP        17.1%

Feel free to give me a call at 916-595-3735 or shoot me an email at LundquistCompany@gmail.com if you have any questions about the figures above, the impact of unemployment on the real estate market or any potential real estate appraisal needs.

http://www.lundquistcompany.com/blog  Unemployment Rates in Placer County: May 2009

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Here are the most recent figures for unemployment in Sacramento County as of May 2009 per the Employment Develompent Department. The figures below consider both cities and Census Designated Places (CDP). Sacramento County as a whole has an unemployment rate of 11.1%.

Arden Arcade CDP  10.8%

Carmichael CDP  8.2%

Citrus Heights city  7.8%

Elk Grove CDP  9.0%

Fair Oaks CDP  6.2%

Florin CDP  16.7%

Folsom city  5.1%

Foothill Farms CDP  14.2%

Galt city  16.9%

Gold River CDP  1.9%

Isleton city  11.8%

La Riviera CDP  6.1%

Laguna CDP  5.8%

Laguna West Lakeside CDP  7.5%

North Highlands CDP  16.4%

Orangevale CDP  8.0%

Parkway South Sacramento CDP  18.7%

Rancho Cordova City  12.8%

Rancho Murieta CDP  3.5%

Rio Linda CDP  16.3%

Rosemont CDP  8.8%

Sacramento city  13.1%

Vineyard CDP  5.2%

Walnut Grove CDP  24.5%

Wilton CDP  6.8% 

What do you notice? Does any of the data stand out to you? Let me know if you have any questions about the latest figures and how unemployment impacts the local real estate market. You are welcome to call 916-595-3735 or visit our company website at www.lundquistcompany.com

http://www.lundquistcompany.com/blog  Unemployment Rates in Sacramento County for May 2009

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How are unemployment levels doing in Sacramento County right now? How is your city or area doing? Have a look at the data below to check out your area or places nearby to where you live. Do you think there is any impact on property values when unemployment rises? Might this lead to more foreclosures? Do you think the large decline in price levels over the past year in many areas below might be related in part to the large percentages of unemployment which have increased sharply? Does it seem like some of the hardest hit areas are also struggling with higher unemployment rates?

Unemployment Rates are based upon information provided from the Employment Development Department from February 2009.

 

State of California      10.1%     

State of California One Year Ago   6.2%

Sacramento County    10.7%

                                     

Arden Arcade CDP      10.4%

Carmichael CDP          7.9%

Citrus Heights city      7.5%

Elk Grove CDP            8.7%

Fair Oaks CDP            5.9%

Florin CDP                 16.0%

Folsom city               4.8%

Foothill Farms CDP      13.7%

Galt city                   16.2%

Gold River CDP           1.8%

Isleton city               11.5%

La Riviera CDP            5.8%

Laguna CDP               5.5%

Laguna West Lakeside CDP   7.2%

North Highlands CDP    15.8%

Orangevale CDP          7.6%

Parkway South Sacramento CDP   18.0%

Rancho Cordova City   12.3%

Rancho Murieta CDP    3.3%

Rio Linda CDP             15.7%

Rosemont CDP            8.4%

Sacramento city         12.5%

Vineyard CDP             4.9%

Walnut Grove CDP       23.6%

Wilton CDP                 6.5%

 

For further reference and to look up unemployment information and rates on any county or city in California, see the following links:

 

If you have any questions about the data above or any other appraisal-related issues or thoughts, contact me at 916-595-3735 or www.lundquistcompany.com 

http://www.lundquistcompany.com/blog  Unemployment Rates in the Sacramento Area: What Effect Does Unemployment Have on the Housing Market?

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