Tanaina CDP Alaska Income Charts

This section shows the Tanaina CDP Alaska economy using the most recent economic analysis from the 2022 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Tanaina CDP depicts it has a Median earnings of $61,103 which is less than most other places in the metro area. The place with the highest median earnings per worker in the area is Farm Loop CDP which shows a median earnings of $77,339 (26.6% larger). Comparing median earnings per worker to the United States average of $53,269, Tanaina CDP is 14.7% larger. Also, measured against the state of Alaska, median earnings per worker of $60,695, Tanaina CDP is about the same size.

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 $81,659 which is in the mid range of other places in the local area. The place with the highest median household income in the area is Gateway CDP which shows a median income of $110,610 (35.5% larger). Comparing median household income to the United States average of $69,021, Tanaina CDP is 18.3% larger. Also, in comparison with the state of Alaska, median household income of $80,287, Tanaina CDP is only slightly larger.

The next section examines a variety of different income statistics for the Tanaina CDP metropolitan area. In Figure 3 we see that it it has one of the largest proportions of earnings less than $10,000 at 6.2% of the total and is ranked #2. The only larger place being Buffalo Soapstone CDP with 7.1%. Second, it has the largest proportion of earnings between $15,000 and $19,999 at 28.0% of the total and is ranked #1.

Figure 5 has the Average number of hours worked in a typical work week during the year, it has a Avg Hours Worked of 40.6 which is the second smallest in order of average hours of all the other places in the metro area. The place with the highest average hours in the area is Wasilla which depicts an average hours of 42.6 (only about 4.9% 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 $28.94 which is less than most other places in the surrounding region. The place with the highest average hourly earnings in the area is Farm Loop CDP which depicts an average hourly earnings of $36.36 (25.6% larger). Comparing average hourly earnings to the United States average of $26.40, Tanaina CDP is 9.6% larger. Also, benchmarked against the state of Alaska, average hourly earnings of $28.26, Tanaina CDP is only slightly larger.

Figure 7 examines the number of self employed people in the Tanaina CDP metro area based on the number of people who reported any self employment income. Tanaina CDP depicts it has a Self Employed of 12.0% which is less than most other places in the metro area. The place with the highest percentage of people self employed in the area is Gateway CDP which shows a percentage self employed of 20.8% (72.8% larger).

Turning our attention to Figure 8, the median household income by age group, has the smallest proportion of median income-under 25 years at $78,765 of the total. Second, it has in the mid point range of other places in the local area in terms of median income-25 to 44 years at $109,167 of the total. Third, it has one of the largest proportions of median income-45 to 64 years at $60,000 of the total and is ranked #3. Only #2 Gateway CDP ($75,852), and #1 Farm Loop CDP ($81,250) are larger.

Figure 9 breaks down the source of income and Tanaina CDP has the smallest proportion of income from wages at 3.5% 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 20.7% which is less than most other places in the greater region. The place with the highest households with retirement income in the area is Buffalo Soapstone CDP which shows a households with retirement income of 33.4% (61.8% larger).

In the next chart, Figure 12, the median family income is shown for families broken down by racial group and has the percentage of overall family income less than most other places in the surrounding region at $87,518 of the total. Second, it has one of the largest proportions of black family income at $75,341 of the total and is ranked #3. Only #2 Wasilla ($84,583), and #1 Gateway CDP ($157,500) are larger. Third, it has one of the largest proportions of american indian family income at $68,967 of the total and is ranked #2. The only larger place being Meadow Lakes CDP with $98,929. Also, it has the second smallest in terms of overall family income of all the other places in the local area when ranked by hawaiian family income at $56,450 of the total.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Tanaina CDP depicts it has the hightest cost of 135.7 for the cost of healthcare aggregate.

Tanaina CDP Alaska Labor Force Charts

The next two charts look at 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 2022, the Covid 19 recession occurred and affects this metric. The monthly unemployment rate depicts that from February 2017 to before the COVID-19 Pandemic it went from 6.3% to 4.8% in December 2019. This represents a decrease in the monthly unemployment rate of 23.8%. Since that time, the monthly unemployment rate has gone to 4.8%. This represents an increase in the monthly unemployment rate of very little. 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. The monthly labor force participation shows that from January 2017 to before the disasterous Covid-19 virus Pandemic it went from 154,379 to 148,116 in November 2019. This represents a decrease in the monthly labor force participation of 4.1%. Since that time, the monthly labor force participation has gone to 148,116. This represents an increase in the monthly labor force participation of very little.

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 Tanaina CDP depicts it has a Unemployment Rate of 5.1% which is the third most of all other places in the metro area. The place with the highest unemployment rate in the area is Buffalo Soapstone CDP which shows a rate of 6.0% (17.4% larger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Tanaina CDP shows it has a Labor Force Participation of 65.9% which is the third most of all other places in the metropolitan area.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Tanaina CDP depicts full time employees approximately 3.1 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 Tanaina CDP area. Tanaina CDP indicates it has a Single Earner Families of 32.3% which is the second most families with a single earner of all the places in the greater Tanaina CDP region. The place with the highest families with a single earner in the area is Buffalo Soapstone CDP which shows a single earners rate of 39.9% (23.6% larger). The percentage of families with no one working is depicted in Figure 22. Tanaina CDP depicts it has a Families with No One Working of 8.5% which is the second smallest as measured by families with no one working of all the other places in the greater region. The place with the highest families with no one working in the area is Meadow Lakes CDP which shows a families with no worker of 20.2% (approximately 2.4 times bigger).

Tanaina CDP Alaska Poverty Charts

The next section details economy analysis about poverty for residents of the Tanaina CDP 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. Tanaina CDP shows it has a Total In Poverty of 1,112 which is the second most total people earning less than the poverty level of all the places in the greater Tanaina CDP region. The place with the highest total people earning less than the poverty level in the area is Wasilla which shows a total people earning less than the poverty level of 1,364 (22.7% larger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Tanaina CDP depicts it has a Percent of Population In Poverty of 10.9% which is in the center range of other places in the local area. The place with the highest percent of people earning less than the poverty level in the area is Wasilla which shows a percent of people in poverty of 15.2% (39.6% larger).

In Figure 25 people who are in poverty are broken out by age group. Tanaina CDP has one of the largest proportions of person in poverty 18 to 34 years at 26% of the total and is ranked #2. The only larger place being Gateway CDP with 34%. Second, it has the second smallest when sorted by person in poverty under 12 years of all the other places in the local area as measured by person in poverty 35 to 54 years at 7% of the total. Third, it has the smallest proportion of person in poverty 55 to 64 years at 1% of the total.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Tanaina CDP has the percentage of black poverty rate in the center range of other places in the metropolitan area at 15% of the total. Second, it has the largest proportion of asian poverty rate at 100% of the total and is ranked #1.

Figure 27 shows key poverty statistics for groups based on marriage status. Tanaina CDP has one of the largest proportions of unmarried female with children and in poverty at 29% of the total and is ranked #2. The only larger place being Buffalo Soapstone CDP with 31%. 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.) Tanaina CDP depicts it has a Public Assistance Percent of 11.7% which is in the intermediate range of other places in the metropolitan area. The place with the highest households with public assistance in the area is Wasilla which depicts a households with public assistance of 22.8% (about twice as large).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Tanaina CDP shows it has a Gini Index of 40.2% which is in the mid range of other places in the local area.

Tanaina CDP Alaska Work Commute Charts

The following set of charts detail a variety of metrics that have economic impact, economic grow factors and economic development metrics in the Tanaina CDP community and has an impact on other factors such as economic growth, population growth, economic recovery, job growth, etc.. Figure 32 shows a high level view of how the population commutes to work (including the percent of people who work from home.) Tanaina CDP has the smallest proportion of people who take public transportation to work at 0% of the total. Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Tanaina CDP or elsewhere.) Tanaina CDP has the largest proportion of people who carpooled at 11% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Tanaina CDP has the smallest proportion of people who leave for work between 730 am to 8am at 8% of the total. Second, it has the largest proportion of people who leave for work between 10am to 11am at 4% of the total and is ranked #1.

The next graph in Figure 36 shows the average number of minutes that it takes for people to commute to work. Tanaina CDP has the percentage of people with commute time of less than 5 minutesutes the second smallest when ranked by people with commute time of less than 5 minutes of all the other places in the area at 6% of the total. Second, it has one of the largest proportions of people with commute time between 5 to 9 minutes at 16% of the total and is ranked #3. Only #2 Farm Loop CDP (16%), and #1 Gateway CDP (16%) are larger. Third, it has the smallest proportion of people with commute time between 25 to 29 minutes at 4% of the total.

The average commute time is shown in Figure 37. Tanaina CDP depicts it has a Avg Commute Time of 39 which is the third most average commute time of all other places in the greater Tanaina CDP region. Figure 38 shows the difference between male versus female commuting time. Tanaina CDP depicts average commute time in minutes for men approximately 2.6 times bigger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Tanaina CDP has the percentage of no vehicle available less than most other places in the greater region at 9% of the total. Second, it has the largest proportion of 1 vehicle available at 43% of the total and is ranked #1. Third, it has the second smallest when sorted by no vehicle available of all the other places in the local area as measured by 3 vehicles available at 9% of the total. Also, it has in the middle range of other places in the metro area in order of 4 vehicles available at 8% of the total. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Tanaina CDP depicts it has a Work in city or place where live of 11% which is less than most other places in the area. The place with the highest people who both work and live in the same city in the area is Wasilla which shows a people who both work and live in the same city of 39% (approximately 3.7 times bigger). Comparing people who both work and live in the same city to the United States average of 44%, Tanaina CDP is approximately a quarter the size. Also, in contrast to the state of Alaska, people who both work and live in the same city of 72%, Tanaina CDP is approximately a sixth the size.

Tanaina CDP Alaska 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. Tanaina CDP depicts it has the hightest median earnings of $105,333 for the earnings-protective service occupations grouping. Similarly, Figure 47 shows the median earnings of women for the job categories and Tanaina CDP depicts it has the hightest median earnings of $83,355 for the earnings-healthcare practitioners and tech occupations category. The table in Figure 48, shows Tanaina CDP employment data in terms of job categories and salary data.

Tanaina CDP Alaska 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. Tanaina CDP depicts it has the hightest entrepreneurs of 47% 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. Tanaina CDP shows it has the hightest entrepreneurs of 35% for the self employed in construction category.

In Figure 51 the average annual self employment/entrepreneur income is shown. Tanaina CDP shows it has a Self Employment Income of $30,109 which is the smallest as measured by average annual self employment income of all the other places in the metro area. The place with the highest average annual self employment income in the area is Gateway CDP which depicts an average annual self employment income of $69,605 (approximately 2.3 times bigger). Comparing average annual self employment income to the United States average of $42,141, Tanaina CDP is approximately three-fourths the size. Also, benchmarked against the state of Alaska, average annual self employment income of $38,150, Tanaina CDP is approximately three-fourths the size.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Tanaina CDP depicts total number of self-employed men 23.4% larger as the total number of self-employed women.