Housing Report for Dayton

When comparing areas across the State of Ohio, Dayton places 5 of the 12 metro areas by percentage growth in residential real estate. The metro area is positioned 286 of 361, in terms of residential real estate percentage change compared to other United States metro areas.

In Dayton, there were a total of 376,902 housing units in the year 2005. This represents a medium level of growth in the number housing units, adding a sum of 9,765 housing units since the year 2001, or 2.7 percent.

Dayton can be understood as having a small, but present proportion of high-valued homes. For the year 2005, the American Community Survey counted that 1 percent of owner-occupied dwellings were valued over a half a million dollars.

Dayton had a median home value in the year 2005 of $124,400, published by the American Community Survey. This value is less than the overall Ohio 2005 median home value of $129,600 and less than median owner-occupied dwelling value of $167,500 across the United States during the same year.

According to the data, there is a large amount of affordable housing in Dayton, Ohio. In 2005, 50.4 percent of the homes were valued under $125,000.



Data Source: U.S. Census Bureau

Employment Report for Dayton, Ohio -- Annual 2005 Industry Summary

A high-wage industry in Dayton is the information sector paying an annual wage of $52,299. From the year 2001, the industry annual average wages have grown by 12.1 percent or $5,653. The State of Ohio holds a similar employment climate in the information industry, falling near the top of industries in term of the average annual pay of 2004.

Finance and insurance is the industry that has grown the most in terms of employment from 2001-2005 in Dayton, changing a total of 9.8 percent. This is greater than the United States industry change in employment of 4.8 percent. The State of Ohio felt a shift in employment in the industry of 2 percent, in the duration of 2001 to 2005.

Management of companies and enterprises has a largest number of employees per establishment in Dayton MSA. In the region, the industry averages 70 employees per business. This is greater than the industry's average at the national level of 40 and less than the Ohio establishments size average of 71 for the Management of companies and enterprises industry.

In Dayton, Manufacturing, Retail Trade, and the Accommodation and food services sectors, in terms of total employment, are the largest. Manufacturing is the largest employment industry and makes up 17.5 percent of total employment in the Metro Area, making up 58,390 individuals. The Retail Trade and Accommodation and food services industries total 13.3 and 9.9 percent of total employment, respectively.

In Dayton, Manufacturing, Management of companies and enterprises and Information industries have the highest United States location quotient (LQ). The Manufacturing sector in the county has a location quotient of 1.36. In other words, the percent of total jobs in the Manufacturing industry is 1.36 times greater than the national average, signifying that Dayton specializes in Manufacturing.

The Dayton Metropolitain Area is ranked number 55 of 363 throughout the US by total number of jobs in 2005. This position has slipped behind during the time of 2001 and 2005. The Metropolitan Area, in the year 2001, was ranked 53 of 363 Counties.

The Health care and social assistance industry has decreased the most in industries presence in the Dayton Metropolitan Area since 2001, going from making up 13.9 percent of total jobs in the year 2001 to 0 percent of employment in 2005.



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