San Joaquin County Hits 15% Unemployment Rate for May 2009

August 25, 2009 By Ryan Lundquist Leave a Comment

I was running some data today in various counties and wanted to share a bit here. The figures below are based upon information provided by the Employment Development Department. Since I do appraisals in multiple counties surrounding the Sacramento Region, it is very important for me to know understand real estate markets as well as possible. In appraisal jargon, knowing a local market is called ”geographic competency”.

In my mind, part of being in touch with a local market is to keep tabs on unemployment. Could the unemployment rate for a city be an indicator of the overall health of a local community sometimes? Or could rising unemployment impact housing prices and values? What else can unemployment rates tell us? What do you think?

July 2009 Unemployment in San Joaquin County:

Stockton: 19.2%
Lathrop: 11.3%
French Camp: 48.7%
Manteca: 14.0%
Ripon: 9.6%
Tracy: 10.1%
San Joaquin County Overall Unemployment Rate: 16.0%

July 2009 Unemployment in Solano County:

Dixon: 9.2%
Fairfield: 12.6%
Green Valley CDP: 10.5%
Suisun City: 11.9%
Vacaville: 8.6%
Vallejo: 14.2%
Solano County Overall Unemployment Rate: 11.5%

Please let me know if you have any questions about the data above or any other cities or Census Designated Places that were not listed above. The lists are not exhaustive for every city and CDP in the respective counties. You are welcome to contact me at 916-595-3735 or info@lundquistcompany.com.

www.SacramentoAppraisalBlog.com San Joaquin County Hits 15% Unemployment Rate for May 2009

Related

Leave a Reply Cancel reply

First off, thank you for being here. Now let's get into the fine print. The material and information contained on this website is the copyrighted property of Ryan Lundquist and Lundquist Appraisal Company. Content on this website may not be reproduced or republished without prior written permission from Ryan Lundquist.

Please see my Sharing Policy on the navigation bar if you are interested in sharing portions of any content on this blog.

The information on this website is meant entirely for educational purposes and is not intended in any way to support an opinion of value for your appraisal needs or any sort of value conclusion for a loan, litigation, tax appeal or any other potential real estate or non-real estate purpose. The material found on this website is meant for casual reading only and is not intended for use in a court of law or any other legal use. Ryan will not appear in court in any capacity based on any information posted here. For more detailed market analysis to be used for an appraisal report or any appraisal-related purpose or valuation consulting, please contact Ryan at 916-595-3735 for more information.

There are no affiliate links on this blog, but there are three advertisements. Please do your homework before doing business with any advertisers as advertisements are not affiliated with this blog in any way. Two ads are located on the sidebar and one is at the bottom of each post. The ads earn a minor amount of revenue and are a simple reward for providing consistent original content to readers. If you think the ads interfere with your blog experience or the integrity of the blog somehow, let me know. I'm always open to feedback. Thank you again for being here.

PRIVACY STATEMENT:

Privacy is taken very seriously. Personal contact information is not being collected on this website beyond when visitors opt to voluntarily subscribe to the blog. The email addresses collected are used to send out a weekly email and these emails are managed by MailChimp as a third-party service to help send the post automatically. The email addresses are never shared by Lundquist Appraisal with anyone else and subscribers can opt out at any time. Otherwise we collect information through Wordpress on web traffic to understand which posts are being clicked, what sort of websites are sending people here, and search terms typed to get here. This is very general information and we don't collect any names or IP addresses of who is visiting (that would be so creepy). We do have access to Google Analytics which can dive deeper into general demographics of users based on Google data collected. When someone leaves a comment an IP address is logged through WordPress, but we do not use that data in any way other than to block spam comments when needed. Anyway, let us know if you have any questions.