Housing Report for College Station-Bryan

In College Station-Bryan, the census reported 83,603 housing units in the year 2005. This represents a medium-high growth level in the number housing units, adding a sum of 6,386 residential structures since 2001, a change of 8.3 percent.

College Station-Bryan may be described as having a medium proportion of high-valued homes. For the year 2005, the American Community Survey reported that 1.7 percent of the homes were valued over $500,000.

According to the data, there is a large amount of affordable housing in College Station-Bryan, Texas. In 2005, 58.2 percent of residential real estate was valued under $125,000.

The residential housing values in College Station-Bryan, Texas have seen small increases since their reported values in 2000. The values have increased by $9,200, or 9.6 percent, since 2000 when their medians were valued at $96,000.

When comparing areas across the State of Texas, College Station-Bryan stands 9 of the 25 metro areas in terms of percentage growth in new housing structures. The metropolitan statistical area (msa) ranks 92 of 361, comparing the percentage change in residential real estate in other US MSAs.

College Station-Bryan had an owner-occupied dwelling median in 2005 of $105,200, accounted by the American Community Survey. This is less than the State of Texas 2005 median home value of $106,000 and less than median home value of $167,500 for the rest of the nation in that year.

Data Source: U.S. Census Bureau

Employment Report for College Station, Texas -- Annual 2005 Industry Summary

Manufacturing has the largest employers in College Station Metropolitan Area (MSA), averaging 39 jobs per establishment, which is less than the US industry average of 39 and greater than the State of Texas typical size of 38 for the Manufacturing industry.

Arts, entertainment, and recreation is the industry that has seen the largest increase in jobs from the year 2001 to the present in College Station, growing in new jobs by 37.5 percent. This is greater than the national employment change in the industry of 4.7 percent. The State of Texas faced a industry job change of 8.3 percent, in the period of time since 2001.

The Professional and technical services industry decreased the most in percent of total employment in the College Station Metro Area, from the year 2001 to 2005, accounting for 5.6 percent of employment in 2001 to 0 percent of employment in 2005.

In College Station, Retail Trade, Accommodation and food services, and the Manufacturing sectors, in terms of total employment, are the largest. Retail Trade produces the largest number of jobs in the area accounting for 17.4 percent of all the jobs in the Metropolitain Area. This makes up 9,576 people employed. The Accommodation and food services and Manufacturing industries make up 15.6 and 11.4 percent of all employment.

In College Station, Accommodation and food services, Real estate and rental and leasing and Construction are the three industries with the highest location quotients. The Accommodation and food services industry has a US LQ in the region of 1.58. This means the percent of total employment in the Accommodation and food services industry is 1.58 times greater than the US average, showing signs that College Station may be an exporter of products or services of Accommodation and food services.

An industry with high wages in College Station is the mining industry with wages that annually pay $45,862. Throughout the MSA since the year 2001, the annual average wages in the industry have grown by 0.1 percent or $54. The State of Texas reflects a similar economic condition in the mining sector, standing near the top of industries in terms of 2004 annual average wages.





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