Litchfield Park Arizona Income Charts

This section shows the Litchfield Park Arizona economy using the most recent economic analysis from the 2022 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Litchfield Park shows it has a Median earnings of $71,268 which is more than all other places in the greater Litchfield Park region. Comparing median earnings per worker to the United States average of $53,269, Litchfield Park is 33.8% larger. Also, in comparison with the state of Arizona, median earnings per worker of $49,611, Litchfield Park is 43.7% 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 $94,844 which is the second most median income of all the places in the greater Litchfield Park region. The city with the highest median household income in the area is Citrus Park CDP which depicts a median income of $122,031 (28.7% larger). Comparing median household income to the United States average of $69,021, Litchfield Park is 37.4% larger. Also, measured against the state of Arizona, median household income of $65,913, Litchfield Park is 43.9% larger.

The next section examines a variety of different income statistics for the Litchfield Park metropolitan area. In Figure 3 we see that it has the smallest proportion of earnings less than $10,000 at 3.9% of the total. Second, it has less than most other places in the area when ranked by earnings between $15,000 and $19,999 at 28.1% of the total. Third, it has the largest proportion of earnings between $75,000 and $99,999 at 20.3% 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 38.4 which is the second smallest when ranked by average hours of all the other places in the greater region. The city with the highest average hours in the area is Citrus Park CDP which depicts an average hours of 40.2 (only about 4.7% 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 $35.69 which is more than all other places in the greater Litchfield Park region. Comparing average hourly earnings to the United States average of $26.40, Litchfield Park is 35.2% larger. Also, benchmarked against the state of Arizona, average hourly earnings of $24.59, Litchfield Park is 45.2% larger.

Figure 7 examines the number of self employed people in the Litchfield Park metro area based on the number of people who reported any self employment income. Litchfield Park shows it has a Self Employed of 16.6% which is the second most people self employed of all the places in the greater Litchfield Park region. The city with the highest percentage of people self employed in the area is Citrus Park CDP which depicts a percentage self employed of 21.1% (26.8% larger).

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 $107,952 of the total and is ranked #2. The only larger city being Citrus Park CDP with $135,833. Second, it has the largest proportion of median income-25 to 44 years at $136,250 of the total and is ranked #1. Third, it has one of the largest proportions of median income-45 to 64 years at $71,250 of the total and is ranked #2. The only larger city being Citrus Park CDP with $92,188.

Figure 9 breaks down the source of income and Litchfield Park has the smallest proportion of social security at 0.2% 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 29.0% which is the second most of all the places in the greater region. The city with the highest households with retirement income in the area is Sun City CDP which depicts a households with retirement income of 57.0% (about twice as large).

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 $108,272 of the total and is ranked #2. The only larger city being Citrus Park CDP with $127,847. Second, it has the largest proportion of black family income at $89,014 of the total and is ranked #1. Third, it has the largest proportion of american indian family income at $126,420 of the total and is ranked #1. Also, it has the largest proportion of hawaiian family income at $140,417 of the total and is ranked #1.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Litchfield Park shows it has the hightest cost of 158.2 for the cost of housing grouping.

Litchfield Park Arizona 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 Coronavirus Pandemic it went from 4.6% to 4.1% in December 2019. This represents a decrease in the monthly unemployment rate of 10.9%. Since that time, the monthly unemployment rate has gone to 4.1%. 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 depicts that from January 2017 to before the Coronavirus Pandemic it went from 15,885 to 17,592 in November 2019. This represents an increase in the monthly labor force participation of 10.7%. Since that time, the monthly labor force participation has gone to 17,592. 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 Litchfield Park shows it has a Unemployment Rate of 1.2% which is less than most other places in the metro area. The city with the highest unemployment rate in the area is El Mirage which shows a rate of 4.0% (approximately 3.5 times bigger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Litchfield Park depicts it has a Labor Force Participation of 61.8% which is the third most participation rates of all other places in the greater Litchfield Park region.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Litchfield Park shows full time employees approximately 3.3 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 Litchfield Park area. Litchfield Park indicates it has a Single Earner Families of 32.0% which is the third most families with a single earner of all other places in the greater Litchfield Park region. The city with the highest families with a single earner in the area is Youngtown which shows a single earners rate of 45.4% (42.1% larger). The percentage of families with no one working is depicted in Figure 22. Litchfield Park indicates it has a Families with No One Working of 17.8% which is the third most families with no one working of all other places in the greater Litchfield Park region. The city with the highest families with no one working in the area is Sun City CDP which depicts a families with no worker of 69.3% (approximately 3.9 times bigger).

Litchfield Park Arizona Poverty Charts

The next section details economy analysis about poverty for residents of the Litchfield Park 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. Litchfield Park depicts it has a Total In Poverty of 469 which is the second smallest when sorted by total people earning less than the poverty level of all the other places in the area. The city with the highest total people earning less than the poverty level in the area is Glendale which depicts a total people earning less than the poverty level of 41,884 ( markedly bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Litchfield Park depicts it has a Percent of Population In Poverty of 7.1% which is the second smallest as measured by percent of people earning less than the poverty level of all the other places in the local area. The city with the highest percent of people earning less than the poverty level in the area is Tolleson which shows a percent of people in poverty of 18.4% (approximately 2.6 times bigger).

In Figure 25 people who are in poverty are broken out by age group. Litchfield Park has the largest proportion of person in poverty under 12 years at 27% of the total and is ranked #1. Second, it has one of the largest proportions of person in poverty 12 to 17 years at 25% of the total and is ranked #2. The only larger city being Glendale with 25%. Third, it has the second smallest when ranked by person in poverty under 12 years of all the other places in the metro area in terms of person in poverty 18 to 34 years at 11% of the total. Also, it has the second smallest in order of person in poverty under 12 years of all the other places in the local area when sorted by person in poverty 35 to 54 years at 2% of the total. In addition, it has one of the largest proportions of person in poverty 55 to 64 years at 19% of the total and is ranked #3. Only #2 Citrus Park CDP (30%), and #1 Sun City CDP (66%) are larger.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Litchfield Park has the smallest proportion of hawaiian poverty rate at 2% of the total.

Figure 27 shows key poverty statistics for groups based on marriage status. Litchfield Park has one of the largest proportions of married with children and in poverty at 43% of the total and is ranked #3. Only #2 Tolleson (44%), and #1 Sun City CDP (60%) are larger. Second, it has the largest proportion of unmarried with children and in poverty at 61% of the total and is ranked #1.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Litchfield Park has the smallest proportion of less than highschool in poverty at 1% of the total. 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.) Litchfield Park shows it has a Public Assistance Percent of 2.3% which is the smallest when ranked by households with public assistance of all the other places in the metropolitan area. The city with the highest households with public assistance in the area is Tolleson which depicts a households with public assistance of 25.3% ( substantially bigger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Litchfield Park depicts it has a Gini Index of 40.4% which is in the mid range of other places in the local area.

Litchfield Park Arizona 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 Litchfield Park 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.) Litchfield Park has the largest proportion of people who bicycle or walk to work at 20% of the total and is ranked #1. Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Litchfield Park or elsewhere.) Litchfield Park has the smallest proportion of people who carpooled at 4% of the total. Second, it has the largest proportion of people who take the ferry at 0% of the total and is ranked #1. Third, it has the largest proportion of people who work from home at 20% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Litchfield Park has the percentage of people who leave for work between 12am to 5am less than most other places in the metro area at 4% of the total. Second, it has the smallest proportion of people who leave for work between 6am to 630am at 6% of the total. Third, it has the largest proportion of people who leave for work between 7am to 730am at 12% of the total and is ranked #1. Also, it has the largest proportion of people who leave for work between 9am to 10am at 7% of the total and is ranked #1. In addition, it has the largest proportion of people who leave for work between 10am to 11am at 2% 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. Litchfield Park has the largest proportion of people with commute time of less than 5 minutesutes at 14% of the total and is ranked #1. Second, it has the smallest proportion of people with commute time between 15 to 19 minutes at 10% of the total. Third, it has the largest proportion of people with commute time between 60 to 89 minutes at 5% of the total and is ranked #1.

The average commute time is shown in Figure 37. Litchfield Park shows it has a Avg Commute Time of 30 which is the third most average commute time of all other places in the greater Litchfield Park region. Figure 38 shows the difference between male versus female commuting time. Litchfield Park shows average commute time in minutes for men 53.8% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Litchfield Park has the percentage of no vehicle available the second smallest in order of no vehicle available of all the other places in the metro area at 12% of the total. Second, it has the second smallest when sorted by no vehicle available of all the other places in the local area in order of 1 vehicle available at 35% of the total. Third, it has the largest proportion of 2 vehicles available at 36% of the total and is ranked #1. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Litchfield Park shows it has a Work in city or place where live of 28% which is the second most people who both work and live in the same city of all the places in the greater Litchfield Park region. The city with the highest people who both work and live in the same city in the area is Sun City CDP which shows a people who both work and live in the same city of 28% ( about the same size). Comparing people who both work and live in the same city to the United States average of 44%, Litchfield Park is approximately three-fourths the size. Also, measured against the state of Arizona, people who both work and live in the same city of 49%, Litchfield Park is approximately half the size.

Litchfield Park Arizona 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. Litchfield Park shows it has the hightest median earnings of $250,001 for the earnings-healthcare practitioners and tech occupations category. Similarly, Figure 47 shows the median earnings of women for the job categories and Litchfield Park depicts it has the hightest median earnings of $131,484 for the management, business, and financial occupations aggregate. The table in Figure 48, shows Litchfield Park employment data in terms of job categories and salary data.

Litchfield Park Arizona 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. Litchfield Park depicts it has the hightest entrepreneurs of 32% for the self employed management, business, science, and arts businesses classification.

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. Litchfield Park shows it has the hightest entrepreneurs of 22% for the self employed in finance, insurance, real estate, rental and leasing group.

In Figure 51 the average annual self employment/entrepreneur income is shown. Litchfield Park shows it has a Self Employment Income of $61,274 which is the second most of all the places in the metro area. The city with the highest average annual self employment income in the area is Citrus Park CDP which depicts an average annual self employment income of $80,384 (31.2% larger). Comparing average annual self employment income to the United States average of $42,141, Litchfield Park is 45.4% larger. Also, benchmarked against the state of Arizona, average annual self employment income of $38,856, Litchfield Park is 57.7% larger.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Litchfield Park depicts total number of self-employed men 70.5% larger as the total number of self-employed women.