Nome Census Area Income Charts

This section shows the Nome Census Area Alaska economy using the most recent economic analysis from the 2022 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Nome Census Area depicts it has a Median earnings of $64,037 which is the second most of all the counties in the metro area. The county with the highest median earnings per worker in the area is North Slope Borough which depicts a median earnings of $75,017 (17.1% larger). Comparing median earnings per worker to the United States average of $53,269, Nome Census Area is 20.2% larger. Also, in comparison with the state of Alaska, median earnings per worker of $60,695, Nome Census Area is only about 5.5% larger.

In Figure 2 a more complete view of income is shown which aggregates income from all members in the household and it has a Median household income of $63,977 which is the third most median income of all other counties in the greater Nome Census Area region. The county with the highest median household income in the area is North Slope Borough which shows a median income of $83,992 (31.3% larger). Comparing median household income to the United States average of $69,021, Nome Census Area is about 7.9% smaller. Also, benchmarked against the state of Alaska, median household income of $80,287, Nome Census Area is approximately three-fourths the size.

Figure 5 has the Average number of hours worked in a typical work week during the year, it has a Avg Hours Worked of 38.6 which is the second smallest when sorted by average hours of all the other counties in the surrounding region. The county with the highest average hours in the area is North Slope Borough which depicts an average hours of 57.1 (47.9% larger). Dividing median annual worker earnings by the average number of hours worked in a year in Figure 6 shows that it has a Avg Hrly Earnings of $31.90 which is ranked #1 of all counties in the local area. Comparing average hourly earnings to the United States average of $26.40, Nome Census Area is 20.8% larger. Also, in comparison with the state of Alaska, average hourly earnings of $28.26, Nome Census Area is 12.9% larger.

Figure 7 examines the number of self employed people in the Nome Census Area metro area based on the number of people who reported any self employment income. Nome Census Area depicts it has a Self Employed of 10.2% which is in the mid range of other counties in the surrounding region. The county with the highest percentage of people self employed in the area is Dillingham Census Area which shows a percentage self employed of 21.1% (about twice as large).

Turning our attention to Figure 8, the median household income by age group, it has one of the largest proportions of median income-under 25 years at $68,194 of the total and is ranked #3. Only #2 Northwest Arctic Borough ($74,375), and #1 North Slope Borough ($98,594) are larger. Second, it has in the mid range of other counties in the local area when sorted by median income-25 to 44 years at $63,750 of the total. Third, it has one of the largest proportions of median income-45 to 64 years at $53,583 of the total and is ranked #3. Only #2 North Slope Borough ($55,222), and #1 Dillingham Census Area ($57,188) are larger.

Figure 9 breaks down the source of income and Nome Census Area has the smallest proportion of self employment income at 12.3% of the total.

The next chart (Figure 11) shows the percentage of households that had retirement income over the last 12 months and it has a With Retirement Income of 11.7% which is the second smallest in order of households with retirement income of all the other counties in the metro area. The county with the highest households with retirement income in the area is Yukon-Koyukuk Census Area which depicts a households with retirement income of 18.5% (58.2% larger).

In the next chart, Figure 12, the median family income is shown for families broken down by racial group and it has one of the largest proportions of overall family income at $135,000 of the total and is ranked #3. Only #2 Northwest Arctic Borough ($151,719), and #1 North Slope Borough ($204,750) are larger. Second, it has one of the largest proportions of white family income at $118,500 of the total and is ranked #2. The only larger county being North Slope Borough with $176,146. Third, it has in the center range of other counties in the greater region in order of black family income at $52,910 of the total. Also, it has the largest proportion of american indian family income at $106,591 of the total and is ranked #1. In addition, it has one of the largest proportions of hawaiian family income at $93,571 of the total and is ranked #3. Only #2 Northwest Arctic Borough ($157,375), and #1 Bethel Census Area ($162,716) are larger.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Nome Census Area shows it has the hightest cost of 193.1 for the cost of utilities grouping.

Nome Census Area Labor Force Charts

The next two charts look at very recent, monthly trended employment related performance using data estimated by economists at the Bureau of Labor Statistics (BLS). The BLS tracks unemployment statistics for a large number of areas throughout the country on a month to month basis. However, not every location in the U.S. is tracked by the BLS so the chart will only show the closest location available (which may be the same location.) Figure 14 shows the monthly unemployment rate for the area as well as a comparison to the overall national economy measure for the United States. Note that in March to April 2020, the Covid 19 recession or great recession occurred and affects this metric. . It depicts that from February 2010 to before the disasterous COVID-19 Pandemic the monthly unemployment rate went from 13.0% to 9.8% in February 2020. This represents a decrease in the monthly unemployment rate of 24.6%. Since that time, the monthly unemployment rate has gone to 7.6% This represents a decrease in the monthly unemployment rate of 22.4%. In Figure 15 the monthly labor force participation which are people actively looking for work are also defined as unemployed but do not include people who have given up looking for work. . It depicts that from February 2010 to before the disasterous COVID-19 Pandemic the monthly labor force participation went from 4,160 to 4,060 in March 2020. This represents a decrease in the monthly labor force participation of 2.4%. Since that time, the monthly labor force participation has gone to 3,945 This represents a decrease in the monthly labor force participation of 2.8%.

The next two charts look at the annual unemployment rate/eligible for unemployment benefits and is based on the American Community survey. Figure 16 shows Nome Census Area shows it has a Unemployment Rate of 12.0% which is the second most unemployment rate of all the counties in the greater Nome Census Area region. The county with the highest unemployment rate in the area is Kusilvak Census Area which depicts a rate of 14.1% (17.5% larger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Nome Census Area indicates it has a Labor Force Participation of 65.3% which is the third most participation rates of all other counties in the greater Nome Census Area region.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Nome Census Area depicts full time employees approximately 2.8 times bigger as the part time employees.

The next employment related data item is shown in Figure 21 which is the percentage of families with only a single earner in the greater Nome Census Area area. Nome Census Area depicts it has a Single Earner Families of 30.7% which is the second most of all the counties in the greater region. The county with the highest families with a single earner in the area is Kusilvak Census Area which depicts a single earners rate of 34.7% (13.0% larger). The percentage of families with no one working is depicted in Figure 22. Nome Census Area depicts it has a Families with No One Working of 12.0% which is the smallest in terms of families with no one working of all the other counties in the local area. The county with the highest families with no one working in the area is Northwest Arctic Borough which depicts a families with no worker of 18.7% (56.1% larger).

Nome Census Area Poverty Charts

The next section details economy analysis about poverty for residents of the Nome Census Area community. This performance can be enhanced by government programs such as economic opportunity zone to influence manufacturing, job growth, economic opportunity an hopefully lead to economic recovery after the recent Covid 19 recession. In Figure 23 the total number of people earning less than the poverty level are shown. Nome Census Area depicts it has a Total In Poverty of 2,118 which is the third most of all other counties in the area. The county with the highest total people earning less than the poverty level in the area is Bethel Census Area which shows a total people earning less than the poverty level of 5,186 (approximately 2.4 times bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Nome Census Area depicts it has a Percent of Population In Poverty of 21.9% which is in the middle range of other counties in the area. The county with the highest percent of people earning less than the poverty level in the area is Kusilvak Census Area which shows a percent of people in poverty of 36.6% (67.6% larger).

In Figure 25 people who are in poverty are broken out by age group. Nome Census Area has the largest proportion of person in poverty 35 to 54 years at 11% of the total and is ranked #1.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Nome Census Area has the largest proportion of white poverty rate at 9% of the total and is ranked #1. Second, it has less than most other counties in the metropolitan area in terms of hawaiian poverty rate at 3% of the total.

Figure 27 shows key poverty statistics for groups based on marriage status. Nome Census Area has one of the largest proportions of unmarried female with children and in poverty at 43% of the total and is ranked #3. Only #2 Kusilvak Census Area (53%), and #1 Bethel Census Area (59%) are larger.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Nome Census Area has one of the largest proportions of less than highschool in poverty at 27% of the total and is ranked #3. Only #2 Bethel Census Area (28%), and #1 Kusilvak Census Area (29%) are larger. Figure 29 looks at only those people who make less than the poverty level of income and breaks down there employment status. Nome Census Area has the largest proportion of people who are in poverty and employed at 11.6% of the total and is ranked #1. Additionally, Figure 30 looks at the percentage of people who receive some form of public assistance including general assistance, temporary assistance or food stamps (i.e. SNAP.) Nome Census Area depicts it has a Public Assistance Percent of 36.0% which is the third most households with public assistance of all other counties in the greater Nome Census Area region. The county with the highest households with public assistance in the area is Kusilvak Census Area which depicts a households with public assistance of 55.4% (53.7% larger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Nome Census Area shows it has a Gini Index of 43.5% which is in the middle range of other counties in the greater region.

Nome Census Area Work Commute Charts

Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Nome Census Area or elsewhere.) Nome Census Area has the largest proportion of people who take Light rail, streetcar or trolley at 0% of the total and is ranked #1. Second, it has the largest proportion of people who bike at 1% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Nome Census Area has the percentage of people who leave for work between 12am to 5am in the mid range of other counties in the area at 1% of the total. Second, it has the largest proportion of people who leave for work between 6am to 630am at 6% of the total and is ranked #1. Third, it has the largest proportion of people who leave for work between 8am to 830am at 15% of the total and is ranked #1. Also, it has the smallest proportion of people who leave for work between 12noon to 4pm at 3% of the total.

The next graph in Figure 36 shows the average number of minutes that it takes for people to commute to work. Nome Census Area has the smallest proportion of people with commute time of less than 5 minutesutes at 29% of the total. Second, it has the smallest proportion of people with commute time between 5 to 9 minutes at 10% of the total. Third, it has the largest proportion of people with commute time between 15 to 19 minutes at 3% of the total and is ranked #1.

The average commute time is shown in Figure 37. Nome Census Area shows it has a Avg Commute Time of 6 which is the second smallest as measured by average commute time of all the other counties in the metro area. Figure 38 shows the difference between male versus female commuting time. Nome Census Area depicts average commute time in minutes for men 7.3% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Nome Census Area has the percentage of no vehicle available less than most other counties in the greater region at 26% of the total. Second, it has in the center range of other counties in the greater region in order of 1 vehicle available at 20% of the total. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Nome Census Area indicates it has a Work in city or place where live of 92% which is ranked #1 of all counties in the greater Nome Census Area region. Comparing people who both work and live in the same city to the United States average of 44%, Nome Census Area is about twice as large. Also, measured against the state of Alaska, people who both work and live in the same city of 72%, Nome Census Area is 28.4% larger.

Nome Census Area Jobs Charts

The next to charts break out the median earnings for major job categories for men and women. Figure 46 shows the median earnings of men for the job categories. Nome Census Area depicts it has the hightest median earnings of $250,001 for the earnings-healthcare practitioners and tech occupations classification. Similarly, Figure 47 shows the median earnings of women for the job categories and Nome Census Area depicts it has the hightest median earnings of $88,438 for the earnings-healthcare practitioners and tech occupations aggregate. The table in Figure 48, shows Nome Census Area employment data in terms of job categories and salary data.

Nome Census Area Self Employment Charts

Figure 49 shows economic activity in terms of the number of people who are self employed in incorporated local business by industry. Nome Census Area shows it has the hightest entrepreneurs of 54% for the self employed management, business, science, and arts businesses grouping.

Similar to the last chart is Figure 50 which shows the number of people who are self employed but in more detailed industry categories such as manufacturing, retail sales, residential real estate, commercial real estate, health care, exports/imports, and advanced industries, etc. Nome Census Area shows it has the hightest entrepreneurs of 26% for the self employed in agriculture, forestry, fishing and hunting, and mining category.

In Figure 51 the average annual self employment/entrepreneur income is shown. Nome Census Area shows it has a Self Employment Income of $21,093 which is the third most of all other counties in the surrounding region. The county with the highest average annual self employment income in the area is Northwest Arctic Borough which depicts an average annual self employment income of $30,342 (43.8% larger). Comparing average annual self employment income to the United States average of $42,141, Nome Census Area is approximately half the size. Also, measured against the state of Alaska, average annual self employment income of $38,150, Nome Census Area is approximately half the size.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Nome Census Area shows total number of self-employed men approximately 2.3 times bigger as the total number of self-employed women.