Highland Acres CDP Delaware Income Charts

This section shows the Highland Acres CDP Delaware economy using the most recent economic analysis from the 2022 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Highland Acres CDP shows it has a Median earnings of $64,048 which is the largest of all places in the area. Comparing median earnings per worker to the United States average of $53,269, Highland Acres CDP is 20.2% larger. Also, measured against the state of Delaware, median earnings per worker of $54,685, Highland Acres CDP is 17.1% 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 $96,131 which is the highest of all places in the greater Highland Acres CDP region. Comparing median household income to the United States average of $69,021, Highland Acres CDP is 39.3% larger. Also, measured against the state of Delaware, median household income of $72,724, Highland Acres CDP is 32.2% larger.

The next section examines a variety of different income statistics for the Highland Acres CDP metropolitan area. In Figure 3 we see that it has the smallest proportion of earnings between $15,000 and $19,999 at 17.4% of the total. Second, it has the largest proportion of earnings between $50,000 and $74,999 at 17.8% of the total and is ranked #1. Third, it has the largest proportion of earnings between $75,000 and $99,999 at 12.2% 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 38.3 which is in the mid range of other places in the local area. The place with the highest average hours in the area is Dover Base Housing CDP which shows an average hours of 42.5 (11.0% 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 $32.16 which is the highest of all places in the greater Highland Acres CDP region. Comparing average hourly earnings to the United States average of $26.40, Highland Acres CDP is 21.8% larger. Also, benchmarked against the state of Delaware, average hourly earnings of $27.32, Highland Acres CDP is 17.7% larger.

Figure 7 examines the number of self employed people in the Highland Acres CDP metro area based on the number of people who reported any self employment income. Highland Acres CDP shows it has a Self Employed of 7.0% which is the third most people self employed of all other places in the greater Highland Acres CDP region. The place with the highest percentage of people self employed in the area is Wyoming which depicts a percentage self employed of 11.6% (66.1% larger).

Turning our attention to Figure 8, the median household income by age group, it has the largest proportion of median income-under 25 years at $143,005 of the total and is ranked #1. Second, it has one of the largest proportions of median income-25 to 44 years at $95,400 of the total and is ranked #2. The only larger place being Dover Base Housing CDP with $98,125. Third, it has one of the largest proportions of median income-45 to 64 years at $77,330 of the total and is ranked #2. The only larger place being Wyoming with $113,846.

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 42.2% which is the second most households with retirement income of all the places in the greater Highland Acres CDP region. The place with the highest households with retirement income in the area is Kent Acres CDP which depicts a households with retirement income of 44.0% (only about 4.2% 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 $106,765 of the total and is ranked #2. The only larger place being Wyoming with $113,393. Second, it has the largest proportion of white family income at $122,321 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. Highland Acres CDP depicts it has the hightest cost of 110.4 for the cost of grocery items group.

Highland Acres CDP Delaware 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 Coronavirus Pandemic the monthly unemployment rate went from 11.1% to 5.2% in February 2020. This represents a decrease in the monthly unemployment rate of 53.2%. Since that time, the monthly unemployment rate has gone to 7.2% This represents an increase in the monthly unemployment rate of 38.5%. 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 shows that from February 2010 to before the Wuhan Coronavirus Pandemic the monthly labor force participation went from 14,969 to 15,827 in March 2020. This represents an increase in the monthly labor force participation of 5.7%. Since that time, the monthly labor force participation has gone to 16,006 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 Highland Acres CDP depicts it has a Unemployment Rate of 2.7% which is the third most unemployment rate of all other places in the greater Highland Acres CDP region. The place with the highest unemployment rate in the area is Wyoming which shows a rate of 9.0% (approximately 3.4 times bigger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Highland Acres CDP shows it has a Labor Force Participation of 53.9% which is the second smallest as measured by participation rate of all the other places in the surrounding region.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Highland Acres CDP depicts full time employees markedly 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 Highland Acres CDP area. Highland Acres CDP shows it has a Single Earner Families of 19.5% which is the smallest when ranked by families with a single earner of all the other places in the metro area. The place with the highest families with a single earner in the area is Dover Base Housing CDP which shows a single earners rate of 59.5% (approximately 3.0 times bigger). The percentage of families with no one working is depicted in Figure 22. Highland Acres CDP depicts it has a Families with No One Working of 31.3% which is the third most families with no one working of all other places in the greater Highland Acres CDP region. The place with the highest families with no one working in the area is Camden which depicts a families with no worker of 37.2% (18.9% larger).

Highland Acres CDP Delaware Poverty Charts

The next section details economy analysis about poverty for residents of the Highland Acres 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. Highland Acres CDP depicts it has a Total In Poverty of 301 which is in the mid range of other places in the metro area. The place with the highest total people earning less than the poverty level in the area is Rising Sun-Lebanon CDP which shows a total people earning less than the poverty level of 427 (41.9% larger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Highland Acres CDP shows it has a Percent of Population In Poverty of 7.7% which is less than most other places in the greater region. The place with the highest percent of people earning less than the poverty level in the area is Rodney Village CDP which depicts a percent of people in poverty of 24.5% (approximately 3.2 times bigger).

In Figure 25 people who are in poverty are broken out by age group. Highland Acres CDP has the largest proportion of person in poverty 12 to 17 years at 46% of the total and is ranked #1. Second, it has the smallest proportion of person in poverty 18 to 34 years at 9% of the total.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Highland Acres CDP has the percentage of white poverty rate in the mid point range of other places in the greater region at 8% of the total. Second, it has in the middle range of other places in the greater region when ranked by hawaiian poverty rate at 12% of the total.

Figure 27 shows key poverty statistics for groups based on marriage status. Highland Acres CDP has the percentage of unmarried with children and in poverty less than most other places in the greater region at 26% of the total.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Highland Acres CDP has the percentage of highschool graduate and in poverty the second smallest in terms of less than highschool in poverty of all the other places in the metropolitan area at 4% of the total. Figure 29 looks at only those people who make less than the poverty level of income and breaks down there employment status. Highland Acres CDP has the percentage of people who are in poverty and unemployed less than most other places in the area at 5.0% 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.) Highland Acres CDP shows it has a Public Assistance Percent of 16.9% which is in the center range of other places in the metro area. The place with the highest households with public assistance in the area is Kent Acres CDP which depicts a households with public assistance of 36.8% (about twice as large).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Highland Acres CDP depicts it has a Gini Index of 37.3% which is in the mid range of other places in the greater region.

Highland Acres CDP Delaware 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 Highland Acres 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.) Highland Acres CDP has the largest proportion of people who take public transportation to work at 7% 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 Highland Acres CDP or elsewhere.) Highland Acres CDP has the percentage of people who drove alone the second smallest in order of people who drove alone of all the other places in the area at 78% of the total. Second, it has the largest proportion of people who bike at 7% of the total and is ranked #1. Third, it has the largest proportion of people who took a taxicab, motorcycle or other at 4% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Highland Acres CDP has the largest proportion of people who leave for work between 5am to 530am at 23% of the total and is ranked #1. Second, it has the largest proportion of people who leave for work between 530 am to 6am at 17% of the total and is ranked #1. Third, it has the smallest proportion of people who leave for work between 11am to 12noon at 3% of the total. Also, it has the second smallest in terms of people who leave for work between 12am to 5am of all the other places in the local area as measured by 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. Highland Acres CDP has the percentage of people with commute time of less than 5 minutesutes the second smallest as measured by people with commute time of less than 5 minutes of all the other places in the local area at 8% of the total. Second, it has one of the largest proportions of people with commute time between 5 to 9 minutes at 31% of the total and is ranked #2. The only larger place being Dover Base Housing CDP with 35%. Third, it has less than most other places in the local area as measured by people with commute time between 10 to 14 minutes at 20% of the total. Also, it has the largest proportion of people with commute time between 35 to 39 minutes at 10% of the total and is ranked #1. In addition, it has the largest proportion of people with commute time between 40 to 44 minutes at 7% of the total and is ranked #1.

The average commute time is shown in Figure 37. Highland Acres CDP depicts it has a Avg Commute Time of 24 which is the second most average commute time of all the places in the greater Highland Acres CDP region. Figure 38 shows the difference between male versus female commuting time. Highland Acres CDP depicts average commute time in minutes for men 22.9% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Highland Acres CDP has one of the largest proportions of no vehicle available at 20% of the total and is ranked #3. Only #2 Camden (20%), and #1 Wyoming (22%) are larger. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Highland Acres CDP shows it has a Work in city or place where live of 7% which is the third most of all other places in the metro area. The place with the highest people who both work and live in the same city in the area is Camden which shows a people who both work and live in the same city of 26% (approximately 3.9 times bigger). Comparing people who both work and live in the same city to the United States average of 44%, Highland Acres CDP is approximately a sixth the size. Also, benchmarked against the state of Delaware, people who both work and live in the same city of 26%, Highland Acres CDP is approximately a quarter the size.

Highland Acres CDP Delaware 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. Highland Acres CDP depicts it has the hightest median earnings of $113,942 for the management, business, and financial occupations group. Similarly, Figure 47 shows the median earnings of women for the job categories and Highland Acres CDP shows it has the hightest median earnings of $77,100 for the earnings-computer, engineering, and science occupations category. The table in Figure 48, shows Highland Acres CDP employment data in terms of job categories and salary data.

Highland Acres CDP Delaware 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. Highland Acres CDP depicts it has the hightest entrepreneurs of 39% 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. Highland Acres CDP indicates it has the hightest entrepreneurs of 26% for the self employed in retail trade classification.

In Figure 51 the average annual self employment/entrepreneur income is shown. Highland Acres CDP depicts it has a Self Employment Income of $32,406 which is at the top of all other places in the greater Highland Acres CDP region. Comparing average annual self employment income to the United States average of $42,141, Highland Acres CDP is approximately three-fourths the size. Also, in contrast to the state of Delaware, average annual self employment income of $35,611, Highland Acres CDP is about 9.9% smaller.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Highland Acres CDP depicts total number of self-employed men approximately 3.9 times bigger as the total number of self-employed women.