Indicates MSA includes part of more than one state or region. MSA includes part of more than one state or region.

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Allentown-Bethlehem-Easton, PA-NJ View area description and map

 

Market Hotness

1.9

12 mos. permits per 1,000 residents

Last update Sep '09Sources and methods - click for more info

Job Growth

-3.6%

Annual rate last 4 quarters

Last update Sep '09Sources and methods - click for more info

Res. Permits

-15%

YTD change vs. prior year

Last update Sep '09Sources and methods - click for more info
 
 

Allentown Permits

Percentage change year over year

  Single Family Multifamily Units  
  Permits Chg. 2 Units 3-4 Units +5 Units All Multi Chg. Total Units Chg.
9 Mos. 2009 1,063 -22% 0 9 170 179 +72% 1,242 -15%
2009 3Q 479 +5% 0 9 63 72 +125% 551 +13%
2Q 363 -30% 0 0 51 51 +11% 414 -26%
1Q 221 -43% 0 0 56 56 +115% 277 -33%
2008 4Q 278 -46% 0 0 93 93 +69% 371 -35%
3Q 457 -38% 4 4 24 32 -35% 489 -38%
Annuals                  
2008 1,635 -38% 10 4 179 193 +30% 1,828 -34%
2007 2,640 -32% 20 14 115 149 -48% 2,789 -33%
2006 3,860 -11% 40 38 206 284 -46% 4,144 -15%
Last update Sep '09Sources and methods - click for more info
 

Market Hotness Trend

12 mos. permits per 1,000 residents

Sep '09

1.9

Last update Sep '09Sources and methods - click for more info

Density Information

Calculated per square mile

Q2 '09Q2 '08Chg.
Population564.23558.221.1%
Housing Unit230.43229.330.5%
Market Density Index (MDI)
Total Permits1.101.28-14.1%
SF Permits0.921.23-25.2%
MF Permits0.180.05260.0%
Last update Sep '09Sources and methods - click for more info

Existing Housing Stock

336,285

Allentown, PA

Last update Sep '09Sources and methods - click for more info

Population

Based on Census Bureau estimates

Sep '09

823,439

Last update Sep '09Sources and methods - click for more info

Construction Trends

Share of permits by dwelling type

9 Months '09Share
Single-Family86%
Multifamily14%
2004-2008Avg.Share
Single-Family93%
Multifamily7%
Last update Sep '09Sources and methods - click for more info
 

Allentown Employment Trends

Employment numbers in thousands

Employment Sector No.of Jobs Last 1 Year Change Last 1 Year Job Growth Last 2 Years Change Last 2 Years Job Growth
Total 332.8 -12.1 -3.6% -1.6 -0.5%
Construction 15.1 -1.2 -7.9% -1.1 -6.7%
Manufacturing 35.6 -3.8 -10.7% -0.5 -1.3%
Trade 52.0 -2.0 -3.8% -0.4 -0.7%
Information 6.7 -0.6 -9.0% -0.1 -1.4%
Financial Activities 15.2 -0.6 -3.9% -0.2 -1.3%
Services 151.5 -2.9 -1.9% 0.6 0.4%
Government 42.5 -0.1 -0.2% 0.5 1.2%
Unemployed at end of period (rate) 22.8 5.5% 16.9 4.1%
Last update Sep '09Sources and methods - click for more info