This section shows the Benton CDP California economy using the most recent economic analysis from the 2022 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Benton CDP depicts it has a Median earnings of $88,029 which is the third most median earnings of all other places in the greater Benton CDP region. The place with the highest median earnings per worker in the area is Paradise CDP which depicts a median earnings of $122,750 (39.4% larger). Comparing median earnings per worker to the United States average of $53,269, Benton CDP is 65.3% larger. Also, compared to the state of California, median earnings per worker of $58,825, Benton CDP is 49.6% 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 $57,951 which is less than most other places in the metropolitan area. The place with the highest median household income in the area is Swall Meadows CDP which shows a median income of $164,141 (approximately 2.8 times bigger). Comparing median household income to the United States average of $69,021, Benton CDP is about 19.1% smaller. Also, benchmarked against the state of California, median household income of $84,097, Benton CDP is approximately three-fourths the size.
The next section examines a variety of different income statistics for the Benton CDP metropolitan area. In Figure 3 we see that it it has one of the largest proportions of earnings between $10,000 and $14,999 at 22.3% of the total and is ranked #2. The only larger place being Sunny Slopes CDP with 39.2%. Second, it has the smallest proportion of earnings between $15,000 and $19,999 at 5.1% of the total. Third, it has the largest proportion of earnings between $50,000 and $74,999 at 22.3% of the total and is ranked #1. Also, it has less than most other places in the greater region as measured by earnings between $75,000 and $99,999 at 1.3% of the total. Dividing median annual worker earnings by the average number of hours worked in a year in Figure 4 shows that it has a Avg Hrly Earnings of $43.63 which is in the mid range of other places in the local area. The place with the highest average hourly earnings in the area is Swall Meadows CDP which depicts an average hourly earnings of $54.36 (24.6% larger). Comparing average hourly earnings to the United States average of $26.40, Benton CDP is 65.3% larger. Also, compared with the state of California, average hourly earnings of $29.69, Benton CDP is 46.9% larger.
Figure 5 examines the number of self employed people in the Benton CDP metro area based on the number of people who reported any self employment income. Benton CDP depicts it has a Self Employed of 18.8% which is the third most people self employed of all other places in the greater Benton CDP region. The place with the highest percentage of people self employed in the area is Sunny Slopes CDP which depicts a percentage self employed of 73.0% (approximately 3.9 times bigger).
Figure 6 breaks down the source of income and Benton CDP has the largest proportion of self employment income at 40.0% of the total and is ranked #1. Second, it has the largest proportion of investment and retirement income at 22.1% of the total and is ranked #1.
The next chart (Figure 7) shows the percentage of households that had retirement income over the last 12 months and it has a With Retirement Income of 72.3% which is the largest of all places in the local area.
The percentage of full-time workers are compared to the number of part-time workers in Figure 8. Benton CDP depicts full time employees 60.0% larger as the part time employees.
Figure 10 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Benton CDP shows it has the hightest cost of 109.9 for the cost of healthcare group.
Benton CDP California Poverty Charts
In Figure 11 the percentage of people earning less than the poverty level is shown and compared across the group of places. Benton CDP depicts it has a Percent of Population In Poverty of 2.4% which is in the mid range of other places in the area. The place with the highest percent of people earning less than the poverty level in the area is Crowley Lake CDP which shows a percent of people in poverty of 41.1% ( substantially bigger).
Additionally, Figure 12 looks at the percentage of people who receive some form of public assistance including general assistance, temporary assistance or food stamps (i.e. SNAP.) Benton CDP shows it has a Public Assistance Percent of 15.8% which is the second most households with public assistance of all the places in the greater Benton CDP region. The place with the highest households with public assistance in the area is Crowley Lake CDP which shows a households with public assistance of 30.1% (about twice as large).
Benton CDP California Labor Force Charts
The table in Figure 13, shows Benton CDP employment data in terms of job categories and salary data.
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 indicates that from February 2017 to before the Coronavirus Pandemic it went from 4.6% to 3.0% in December 2019. This represents a decrease in the monthly unemployment rate of 34.8%. Since that time, the monthly unemployment rate has gone to 3.0%. This represents an increase in the monthly unemployment rate of very little.
Benton CDP California Jobs Charts
In the jobs section of economic activity charts in Figure 15 shows the average annual earnings for very high level job industry categories for full time and year round employed.
Figure 16 shows the average median earnings for different categories of jobs.
Benton CDP California 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 Benton CDP community and has an impact on other factors such as economic growth, population growth, economic recovery, job growth, etc.. Figure 17 shows a high level view of how the population commutes to work (including the percent of people who work from home.) Benton CDP has the largest proportion of people who take public transportation to work at 2% of the total and is ranked #1. Figure 18 shows a more detailed view of how the population commutes to work for (for example to downtown Benton CDP or elsewhere.) Benton CDP has one of the largest proportions of people who drove alone at 93% of the total and is ranked #3. Only #2 Paradise CDP (94%), and #1 Aspen Springs CDP (100%) are larger. Second, it has the largest proportion of people who walked at 2% of the total and is ranked #1.
Figure 19 is provided for comparison purposes to the previous chart. It shows how people get to work overall on average in the United States.
The average commute time is shown in Figure 21. Benton CDP shows it has a Avg Commute Time of 36 which is at the top of all other places in the greater Benton CDP region.
Cities marked with an asterisk ("*") should resemble a city or town but do not have their own government (i.e. Mayor, City Council, etc.) These places should be recognizable by the local community but their boundaries have no legal status. Technically these include both Census Designated Places (CDP) and Census County Divisions (CCD) which are defined by the Census Bureau along with local authorities. (For more information, see:
Census Designated Place or "CDP")
and Census County Division "CCD".)
For comparison purposes, the US national average and the state average value are provided. Additionally, the "Combined Statistical Area" or CSA is shown that is closest to the city, county, or zip code shown. A CSA is a large grouping of adjacent metropolitan areas that identified by the Census Bureau based on social and economic ties. (See: Combined Statistical Area)
Data sources - Mouse over icon in upper right corner of each chart for information.