Holualoa CDP Hawaii Income Charts

This section shows the Holualoa CDP Hawaii economy using the most recent economic analysis from the 2020 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Holualoa CDP depicts it has a Median earnings of $43,198 which is the third most median earnings of all other places in the greater Holualoa CDP region. The place with the highest median earnings per worker in the area is Kealakekua CDP which shows a median earnings of $52,375 (21.2% larger). Comparing median earnings per worker to the United States average of $49,041, Holualoa CDP is about 13.5% smaller. Also, benchmarked against the state of Hawaii, median earnings per worker of $49,056, Holualoa CDP is about 13.6% 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 $88,333 which is the highest of all places in the greater Holualoa CDP region. Comparing median household income to the United States average of $62,843, Holualoa CDP is 40.6% larger. Also, in comparison with the state of Hawaii, median household income of $81,275, Holualoa CDP is 8.7% larger.

The next section examines a variety of different income statistics for the Holualoa CDP metropolitan area. In Figure 3 we see that it has the percentage of earnings less than $10,000 less than most other places in the local area at 3.9% 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 38.6 which is the second most of all the places in the greater region. The place with the highest average hours in the area is Kalaoa CDP which depicts an average hours of 39.6 (only about 2.6% 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 $21.52 which is the third most average hourly earnings of all other places in the greater Holualoa CDP region. The place with the highest average hourly earnings in the area is Kealakekua CDP which depicts an average hourly earnings of $26.16 (21.6% larger). Comparing average hourly earnings to the United States average of $24.31, Holualoa CDP is about 12.9% smaller. Also, in comparison with the state of Hawaii, average hourly earnings of $24.31, Holualoa CDP is about 13.0% smaller.

Figure 7 examines the number of self employed people in the Holualoa CDP metro area based on the number of people who reported any self employment income. Holualoa CDP depicts it has a Self Employed of 21.8% which is the second most of all the places in the local area. The place with the highest percentage of people self employed in the area is Kailua CDP-Hawaii County which depicts a percentage self employed of 22.7% (only about 3.9% 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 $103,912 of the total and is ranked #1. Second, it has one of the largest proportions of median income-25 to 44 years at $98,839 of the total and is ranked #3. Only #2 Captain Cook CDP ($100,833), and #1 Kalaoa CDP ($111,418) are larger. Third, it has one of the largest proportions of median income-45 to 64 years at $63,365 of the total and is ranked #3. Only #2 Kalaoa CDP ($71,593), and #1 Kahaluu-Keauhou CDP ($76,816) are larger.

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 27.1% which is the third most households with retirement income of all other places in the greater Holualoa CDP region. The place with the highest households with retirement income in the area is Kealakekua CDP which shows a households with retirement income of 32.6% (20.5% 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 $88,250 of the total and is ranked #2. The only larger place being Kahaluu-Keauhou CDP with $90,731. Second, it has the largest proportion of american indian family income at $144,135 of the total and is ranked #1. Third, it has one of the largest proportions of hawaiian family income at $106,542 of the total and is ranked #2. The only larger place being Kealakekua CDP with $128,333.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Holualoa CDP shows it has the hightest cost of 249.1 for the cost of housing category.

Holualoa CDP Hawaii 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 6.0% to 2.5% in February 2020. This represents a decrease in the monthly unemployment rate of 58.3%. Since that time, the monthly unemployment rate has gone to 12.3% This represents an increase in the monthly unemployment rate of 392.0%. 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 depicts that from February 2010 to before the Wuhan Coronavirus Pandemic the monthly labor force participation went from 434,444 to 453,659 in February 2020. This represents an increase in the monthly labor force participation of 4.4%. Since that time, the monthly labor force participation has gone to 434,076 This represents a decrease in the monthly labor force participation of 4.3%.

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 Holualoa CDP depicts it has a Unemployment Rate of 2.5% which is the second most unemployment rate of all the places in the greater Holualoa CDP region. The place with the highest unemployment rate in the area is Kahaluu-Keauhou CDP which shows a rate of 3.9% (57.4% larger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Holualoa CDP depicts it has a Labor Force Participation of 64.1% which is in the mid range of other places in the metropolitan area.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Holualoa CDP depicts full time employees approximately 3.5 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 Holualoa CDP area. Holualoa CDP depicts it has a Single Earner Families of 29.0% which is the most of all places in the greater Holualoa CDP region. The percentage of families with no one working is depicted in Figure 22. Holualoa CDP shows it has a Families with No One Working of 24.1% which is in the mid range of other places in the greater region. The place with the highest families with no one working in the area is Kealakekua CDP which depicts a families with no worker of 35.5% (47.5% larger).

Holualoa CDP Hawaii Poverty Charts

The next section details economy analysis about poverty for residents of the Holualoa 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. Holualoa CDP shows it has a Total In Poverty of 718 which is the third most total people earning less than the poverty level of all other places in the greater Holualoa CDP region. The place with the highest total people earning less than the poverty level in the area is Kailua CDP-Hawaii County which depicts a total people earning less than the poverty level of 1,500 (about twice as large).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Holualoa CDP depicts it has a Percent of Population In Poverty of 7.4% which is the second smallest in terms of percent of people earning less than the poverty level of all the other places in the local area. The place with the highest percent of people earning less than the poverty level in the area is Honalo CDP which depicts a percent of people in poverty of 17.2% (approximately 2.3 times bigger).

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Holualoa CDP has the largest proportion of white poverty rate at 22% of the total and is ranked #1. Second, it has the second smallest in order of white poverty rate of all the other places in the greater region in terms of asian poverty rate at 7% of the total. Third, it has one of the largest proportions of hawaiian poverty rate at 26% of the total and is ranked #3. Only #2 Kalaoa CDP (35%), and #1 Honalo CDP (38%) are larger.

Figure 27 shows key poverty statistics for groups based on marriage status. Holualoa CDP has the largest proportion of married with children and in poverty at 53% of the total and is ranked #1. Second, it has the largest proportion of unmarried with children and in poverty at 51% of the total and is ranked #1. Third, it has one of the largest proportions of unmarried female with children and in poverty at 57% of the total and is ranked #2. The only larger place being Honalo CDP with 96%. Figure 29 looks at only those people who make less than the poverty level of income and breaks down there employment status. Holualoa CDP has the largest proportion of people who are in poverty and unemployed at 22.8% of the total and is ranked #1. 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.) Holualoa CDP depicts it has a Public Assistance Percent of 8.1% which is the smallest in terms of households with public assistance of all the other places in the metro area. The place with the highest households with public assistance in the area is Captain Cook CDP which depicts a households with public assistance of 20.5% (approximately 2.5 times bigger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Holualoa CDP depicts it has a Gini Index of 45.8% which is the third most the gini index of all other places in the greater Holualoa CDP region.

Holualoa CDP Hawaii 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 Holualoa 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.) Holualoa CDP has the largest proportion of people who bicycle or walk to work at 13% 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 Holualoa CDP or elsewhere.) Holualoa CDP has the largest proportion of people who work from home at 13% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Holualoa CDP has the largest proportion of people who leave for work between 8am to 830am at 4% of the total and is ranked #1. Second, it has the smallest proportion of people who leave for work between 830 am to 9am 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. Holualoa CDP has the percentage of people with commute time of less than 5 minutesutes less than most other places in the surrounding region at 15% of the total.

The average commute time is shown in Figure 37. Holualoa CDP depicts it has a Avg Commute Time of 25 which is the second most average commute time of all the places in the greater Holualoa CDP region. Figure 38 shows the difference between male versus female commuting time. Holualoa CDP depicts average commute time in minutes for men 46.2% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Holualoa CDP has one of the largest proportions of no vehicle available at 20% of the total and is ranked #3. Only #2 Kealakekua CDP (24%), and #1 Honalo CDP (25%) are larger. Second, it has one of the largest proportions of 1 vehicle available at 42% of the total and is ranked #2. The only larger place being Kailua CDP-Hawaii County with 49%. Third, it has less than most other places in the surrounding region when sorted by 3 vehicles available at 6% of the total. Also, it has one of the largest proportions of 4 vehicles available at 13% of the total and is ranked #3. Only #2 Kalaoa CDP (17%), and #1 Kahaluu-Keauhou CDP (23%) are larger. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Holualoa CDP shows it has a Work in city or place where live of 17% which is in the center range of other places in the greater region. The place with the highest people who both work and live in the same city in the area is Kailua CDP-Hawaii County which shows a people who both work and live in the same city of 71% (approximately 4.1 times bigger). Comparing people who both work and live in the same city to the United States average of 42%, Holualoa CDP is approximately half the size. Also, in contrast to the state of Hawaii, people who both work and live in the same city of 38%, Holualoa CDP is approximately half the size.

Holualoa CDP Hawaii 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. Holualoa CDP depicts it has the hightest median earnings of $117,361 for the earnings-computer, engineering, and science occupations category. Similarly, Figure 47 shows the median earnings of women for the job categories and Holualoa CDP depicts it has the hightest median earnings of $71,579 for the earnings-healthcare practitioners and tech occupations aggregate. The table in Figure 48, shows Holualoa CDP employment data in terms of job categories and salary data.

Holualoa CDP Hawaii 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. Holualoa CDP depicts it has the hightest entrepreneurs of 59% for the self employed management, business, science, and arts businesses aggregate.

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. Holualoa CDP depicts it has the hightest entrepreneurs of 22% for the self employed in professional, scientific, management, administrative services grouping.

In Figure 51 the average annual self employment/entrepreneur income is shown. Holualoa CDP depicts it has a Self Employment Income of $41,845 which is the third most of all other places in the metro area. The place with the highest average annual self employment income in the area is Kalaoa CDP which depicts an average annual self employment income of $65,063 (55.5% larger). Comparing average annual self employment income to the United States average of $39,154, Holualoa CDP is 6.9% larger. Also, in contrast to the state of Hawaii, average annual self employment income of $40,048, Holualoa CDP is only about 4.5% larger.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Holualoa CDP depicts total number of self-employed men 57.4% larger as the total number of self-employed women.