Kent Acres CDP Delaware Income Charts

This section shows the Kent 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, Kent Acres CDP shows it has a Median earnings of $47,344 which is the third most median earnings of all other places in the greater Kent Acres CDP region. The place with the highest median earnings per worker in the area is Highland Acres CDP which indicates a median earnings of $64,048 (35.3% larger). Comparing median earnings per worker to the United States average of $53,269, Kent Acres CDP is about 12.5% smaller. Also, in comparison with the state of Delaware, median earnings per worker of $54,685, Kent Acres CDP is about 15.5% smaller.

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 $39,236 which is the smallest in terms of median household income of all the other places in the greater region. The place with the highest median household income in the area is Highland Acres CDP which indicates a median income of $96,131 (approximately 2.5 times bigger). Comparing median household income to the United States average of $69,021, Kent Acres CDP is approximately half the size. Also, measured against the state of Delaware, median household income of $72,724, Kent Acres CDP is approximately half the size.

The next section examines a variety of different income statistics for the Kent Acres CDP metropolitan area. In Figure 3 we see that it it has one of the largest proportions of earnings less than $10,000 at 13.2% of the total and is ranked #2. The only larger place being Rodney Village CDP with 13.6%. Second, it has the second smallest when ranked by median earnings of less than $10,000 of all the other places in the local area in order of earnings between $15,000 and $19,999 at 24.8% of the total.

Figure 5 has the Average number of hours worked in a typical work week during the year, it has a Avg Hours Worked of 36.4 which is the smallest when ranked by average hours of all the other places in the greater region. The place with the highest average hours in the area is Dover Base Housing CDP which depicts an average hours of 42.5 (16.8% 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 $25.01 which is the second most average hourly earnings of all the places in the greater Kent Acres CDP region. The place with the highest average hourly earnings in the area is Highland Acres CDP which depicts an average hourly earnings of $32.16 (28.6% larger). Comparing average hourly earnings to the United States average of $26.40, Kent Acres CDP is about 5.6% smaller. Also, measured against the state of Delaware, average hourly earnings of $27.32, Kent Acres CDP is about 9.2% smaller.

Figure 7 examines the number of self employed people in the Kent Acres CDP metro area based on the number of people who reported any self employment income. Kent Acres CDP depicts it has a Self Employed of 3.7% which is less than most other places in the local area. The place with the highest percentage of people self employed in the area is Wyoming which depicts a percentage self employed of 11.6% (approximately 3.1 times bigger).

Turning our attention to Figure 8, the median household income by age group, has the percentage of median income-under 25 years the second smallest in terms of median income for those under 25 years of age of all the other places in the local area at $32,019 of the total. Second, it has one of the largest proportions of median income-25 to 44 years at $72,188 of the total and is ranked #3. Only #2 Highland Acres CDP ($95,400), and #1 Dover Base Housing CDP ($98,125) are larger. Third, it has the smallest proportion of median income-45 to 64 years at $38,056 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 44.0% which is at the top of all other places in the greater region.

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 $104,583 of the total and is ranked #3. Only #2 Highland Acres CDP ($106,765), and #1 Wyoming ($113,393) are larger. Second, it has the second smallest when sorted by overall family income of all the other places in the greater region in order of white family income at $32,212 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. Kent Acres CDP shows it has the hightest cost of 110.4 for the cost of grocery items grouping.

Kent 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 disasterous 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 virus 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 Kent Acres CDP depicts it has a Unemployment Rate of 1.2% which is less than most other places in the local area. The place with the highest unemployment rate in the area is Wyoming which depicts a rate of 9.0% ( markedly bigger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Kent Acres CDP shows it has a Labor Force Participation of 49.9% which is the smallest when ranked by participation rate of all the other places in the local area.

The Components of Employment Status graph in Figure 18 shows the composition of the labor force broken down by employed, unemployed, and not in the labor force (but 16 years of age or older). Kent Acres CDP has the largest proportion of unemployed at 50.1% of the total and is ranked #1.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Kent Acres CDP depicts full time employees approximately 2.4 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 Kent Acres CDP area. Kent Acres CDP indicates it has a Single Earner Families of 31.9% which is the third most families with a single earner of all other places in the greater Kent Acres CDP region. 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% (about twice as large). The percentage of families with no one working is depicted in Figure 22. Kent Acres CDP shows it has a Families with No One Working of 17.8% which is less than most other places in the greater region. The place with the highest families with no one working in the area is Rodney Village CDP which depicts a families with no worker of 34.3% (about twice as large).

Kent Acres CDP Delaware Poverty Charts

The next section details economy analysis about poverty for residents of the Kent 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. Kent Acres CDP depicts it has a Total In Poverty of 414 which is the third most total people earning less than the poverty level of all other places in the greater Kent Acres CDP region. The place with the highest total people earning less than the poverty level in the area is Dover which depicts a total people earning less than the poverty level of 7,108 ( very much bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Kent Acres CDP shows it has a Percent of Population In Poverty of 23.9% which is the second most percent of people earning less than the poverty level of all the places in the greater Kent Acres CDP 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% ( only slightly larger).

In Figure 25 people who are in poverty are broken out by age group. Kent Acres CDP has one of the largest proportions of person in poverty under 12 years at 19% of the total and is ranked #2. The only larger place being Rising Sun-Lebanon CDP with 19%. Second, it has the second smallest when sorted by person in poverty under 12 years of all the other places in the greater region in terms of person in poverty 12 to 17 years at 10% of the total. Third, it has the largest proportion of person in poverty 35 to 54 years at 15% of the total and is ranked #1.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Kent Acres CDP has the largest proportion of white poverty rate at 49% of the total and is ranked #1. Second, it has one of the largest proportions of hawaiian poverty rate at 90% of the total and is ranked #2. The only larger place being Rodney Village CDP with 100%.

Figure 27 shows key poverty statistics for groups based on marriage status. Kent Acres CDP has the largest proportion of married with children and in poverty at 65% of the total and is ranked #1. Second, it has the largest proportion of unmarried with children and in poverty at 78% 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. Kent Acres CDP has the largest proportion of highschool graduate and in poverty at 27% of the total and is ranked #1. Figure 29 looks at only those people who make less than the poverty level of income and breaks down there employment status. Kent Acres CDP has the percentage of people who are in poverty and employed less than most other places in the metro area at 1.0% 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.) Kent Acres CDP shows it has a Public Assistance Percent of 36.8% which is at the top of all other places in the greater Kent Acres CDP region.

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Kent Acres CDP shows it has a Gini Index of 43.5% which is the second most of all the places in the local area.

Kent 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 Kent 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.) Kent Acres CDP has the largest proportion of people who bicycle or walk to work at 4% 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 Kent Acres CDP or elsewhere.) Kent Acres CDP has one of the largest proportions of people who drove alone at 88% of the total and is ranked #3. Only #2 Dover Base Housing CDP (92%), and #1 Rising Sun-Lebanon CDP (92%) are larger. Second, it has the largest proportion of people who work from home 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. Kent Acres CDP has the smallest proportion of people who leave for work between 530 am to 6am at 2% of the total. Second, it has the largest proportion of people who leave for work between 6am to 630am at 15% of the total and is ranked #1. Third, it has the smallest proportion of people who leave for work between 630 am to 7am at 7% of the total. Also, it has the largest proportion of people who leave for work between 730 am to 8am at 14% of the total and is ranked #1. In addition, it has the largest proportion of people who leave for work between 830 am to 9am at 9% of the total and is ranked #1. Furthermore, it has the largest proportion of people who leave for work between 9am to 10am at 6% of the total and is ranked #1. Next it has the largest proportion of people who leave for work between 10am to 11am at 5% of the total and is ranked #1. Additionally, it has the largest proportion of people who leave for work between 12noon to 4pm at 13% 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. Kent Acres CDP has one of the largest proportions of people with commute time of less than 5 minutesutes at 19% of the total and is ranked #2. The only larger place being Dover Base Housing CDP with 45%. Second, it has less than most other places in the local area in order of people with commute time between 5 to 9 minutes at 19% of the total. Third, it has the largest proportion of people with commute time between 10 to 14 minutes at 40% of the total and is ranked #1. Also, it has the smallest proportion of people with commute time between 15 to 19 minutes at 3% of the total.

The average commute time is shown in Figure 37. Kent Acres CDP depicts it has a Avg Commute Time of 21 which is less than most other places in the local area. Figure 38 shows the difference between male versus female commuting time. Kent Acres CDP depicts average commute time in minutes for men about twice as large as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Kent Acres CDP has the percentage of 1 vehicle available the second smallest when ranked by no vehicle available of all the other places in the area at 35% of the total. Second, it has the largest proportion of 2 vehicles available at 28% of the total and is ranked #1. Third, it has one of the largest proportions of 3 vehicles available at 8% of the total and is ranked #3. Only #2 Highland Acres CDP (9%), and #1 Wyoming (11%) are larger. Also, it has one of the largest proportions of 4 vehicles available at 8% of the total and is ranked #2. The only larger place being Rodney Village CDP with 11%. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Kent Acres CDP depicts it has a Work in city or place where live of 6% which is in the center range of other places in the metropolitan area. The place with the highest people who both work and live in the same city in the area is Dover which depicts a people who both work and live in the same city of 57% ( markedly bigger). Comparing people who both work and live in the same city to the United States average of 44%, Kent Acres CDP is approximately a sixth the size. Also, in contrast to the state of Delaware, people who both work and live in the same city of 26%, Kent Acres CDP is approximately a quarter the size.

Kent 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. Kent Acres CDP depicts it has the hightest median earnings of $80,125 for the earnings-computer, engineering, and science occupations group. Similarly, Figure 47 shows the median earnings of women for the job categories and Kent Acres CDP depicts it has the hightest median earnings of $41,667 for the earnings-sales and office occupations grouping. The table in Figure 48, shows Kent Acres CDP employment data in terms of job categories and salary data.

Kent 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. Kent Acres CDP depicts it has the hightest entrepreneurs of 55% for the self employed in natural resources, construction, and maintenance 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. Kent Acres CDP depicts it has the hightest entrepreneurs of 55% for the self employed in construction grouping.

In Figure 51 the average annual self employment/entrepreneur income is shown. Kent Acres CDP shows it has a Self Employment Income of $29,062 which is the second most average annual self employment income of all the places in the greater Kent Acres CDP region. The place with the highest average annual self employment income in the area is Highland Acres CDP which shows an average annual self employment income of $32,406 (11.5% larger). Comparing average annual self employment income to the United States average of $42,141, Kent Acres CDP is approximately three-fourths the size. Also, compared to the state of Delaware, average annual self employment income of $35,611, Kent Acres CDP is about 22.5% smaller.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Kent Acres CDP shows total number of self-employed men approximately 2.4 times bigger as the total number of self-employed women.