Honolulu County Income Charts

This section shows the Honolulu County Hawaii economy using the most recent economic analysis from the 2020 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Honolulu County shows it has a Median earnings of $50,983 which is the second most median earnings of all the counties in the greater Honolulu County region. The county with the highest median earnings per worker in the area is Kalawao County which shows a median earnings of $56,875 (11.6% larger). Comparing median earnings per worker to the United States average of $49,041, Honolulu County is only about 4.0% larger. Also, benchmarked against the state of Hawaii, median earnings per worker of $49,056, Honolulu County is only about 3.9% 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 $85,857 which is the largest of all counties in the greater Honolulu County region. Comparing median household income to the United States average of $62,843, Honolulu County is 36.6% larger. Also, benchmarked against the state of Hawaii, median household income of $81,275, Honolulu County is only about 5.6% larger.

The next section examines a variety of different income statistics for the Honolulu County metropolitan area. In Figure 3 we see that it it has the largest proportion of earnings between $75,000 and $99,999 at 10.9% 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 39.2 which is the third most average hours of all other counties in the greater Honolulu County region. The county with the highest average hours in the area is Aleutians East Borough which depicts an average hours of 59.5 (51.8% 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 third most of all other counties in the local area. The county with the highest average hourly earnings in the area is Kalawao County which depicts an average hourly earnings of $26.55 (6.1% larger). Comparing average hourly earnings to the United States average of $24.31, Honolulu County is only about 2.9% larger. Also, versus the state of Hawaii, average hourly earnings of $24.31, Honolulu County is only about 2.9% larger.

Figure 7 examines the number of self employed people in the Honolulu County metro area based on the number of people who reported any self employment income. Honolulu County indicates it has a Self Employed of 11.8% which is the second smallest as measured by percentage of people self employed of all the other counties in the local area. The county with the highest percentage of people self employed in the area is Aleutians East Borough which shows a percentage self employed of 31.9% (approximately 2.7 times bigger).

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 $84,746 of the total and is ranked #3. Only #2 Kauai County ($85,742), and #1 Kalawao County ($138,750) are larger. Second, it has the largest proportion of median income-25 to 44 years at $103,572 of the total and is ranked #1. Third, it has the largest proportion of median income-45 to 64 years at $74,220 of the total and is ranked #1.

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 25.9% which is the second most of all the counties in the metro area. The county with the highest households with retirement income in the area is Curry County which shows a households with retirement income of 31.9% (23.3% larger).

In the next chart, Figure 12, the median family income is shown for families broken down by racial group and it has the largest proportion of overall family income at $107,307 of the total and is ranked #1. Second, it has one of the largest proportions of white family income at $81,655 of the total and is ranked #2. The only larger county being Kauai County with $91,250. Third, it has the largest proportion of black family income at $78,478 of the total and is ranked #1. Also, it has the largest proportion of american indian family income at $106,237 of the total and is ranked #1. In addition, it has one of the largest proportions of asian family income at $71,545 of the total and is ranked #2. The only larger county being Maui County with $75,462. Furthermore, it has one of the largest proportions of hawaiian family income at $79,458 of the total and is ranked #2. The only larger county being Kauai County with $84,850.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Honolulu County shows it has the hightest cost of 247.2 for the cost of housing classification.

Honolulu County 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 shows that from January 2010 to before the disasterous Covid-19 virus Pandemic the monthly unemployment rate went from 6.3% to 2.0% in March 2020. This represents a decrease in the monthly unemployment rate of 68.3%. Since that time, the monthly unemployment rate has gone to 6.2% This represents an increase in the monthly unemployment rate of 210.0%. 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 January 2010 to before the Wuhan Coronavirus/COVID Pandemic the monthly labor force participation went from 434,317 to 455,618 in March 2020. This represents an increase in the monthly labor force participation of 4.9%. Since that time, the monthly labor force participation has gone to 444,620 This represents a decrease in the monthly labor force participation of 2.4%.

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 Honolulu County depicts it has a Unemployment Rate of 2.4% which is the second smallest in terms of unemployment rate of all the other counties in the metropolitan area. The county with the highest unemployment rate in the area is Hawaii County which shows a rate of 3.6% (46.7% larger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Honolulu County depicts it has a Labor Force Participation of 66.6% which is in the middle range of other counties in the metropolitan area.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Honolulu County depicts full time employees approximately 3.9 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 Honolulu County area. Honolulu County shows it has a Single Earner Families of 28.7% which is more than all other counties in the area. The percentage of families with no one working is depicted in Figure 22. Honolulu County shows it has a Families with No One Working of 14.9% which is the second smallest as measured by families with no one working of all the other counties in the surrounding region. The county with the highest families with no one working in the area is Curry County which depicts a families with no worker of 40.6% (approximately 2.7 times bigger).

Honolulu County Poverty Charts

The next section details economy analysis about poverty for residents of the Honolulu County 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. Honolulu County depicts it has a Total In Poverty of 79,070 which is more than all other counties in the greater Honolulu County region.

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Honolulu County shows it has a Percent of Population In Poverty of 8.3% which is the second smallest when ranked by percent of people earning less than the poverty level of all the other counties in the local area. The county with the highest percent of people earning less than the poverty level in the area is Hawaii County which shows a percent of people in poverty of 15.6% (about twice as large).

In Figure 25 people who are in poverty are broken out by age group. Honolulu County has the smallest proportion of person in poverty 35 to 54 years at 12% of the total.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Honolulu County has the percentage of american indian poverty rate less than most other counties in the local area at 6% of the total. Second, it has in the middle range of other counties in the surrounding region in terms of asian poverty rate at 20% 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.) Honolulu County depicts it has a Public Assistance Percent of 10.1% which is the second smallest when ranked by households with public assistance of all the other counties in the greater region. The county with the highest households with public assistance in the area is Hawaii County which indicates a households with public assistance of 20.6% (about twice as large).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Honolulu County depicts it has a Gini Index of 43.4% which is in the center range of other counties in the area.

Honolulu County 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 Honolulu County 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.) Honolulu County has the largest proportion of people who drive a car or motorcycle to work at 8% 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 Honolulu County or elsewhere.) Honolulu County has the largest proportion of people who take the bus at 8% of the total and is ranked #1. Second, it has one of the largest proportions of people who walked at 5% of the total and is ranked #3. Only #2 Kalawao County (41%), and #1 Aleutians East Borough (48%) are larger.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Honolulu County has the largest proportion of people who leave for work between 12am to 5am at 8% 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 12% 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. Honolulu County has the smallest proportion of people with commute time of less than 5 minutesutes at 7% of the total. Second, it has the second smallest as measured by people with commute time of less than 5 minutes of all the other counties in the local area in order of people with commute time between 5 to 9 minutes at 11% of the total. Third, it has the largest proportion of people with commute time between 15 to 19 minutes at 14% of the total and is ranked #1. Also, it has the largest proportion of people with commute time between 20 to 24 minutes at 5% of the total and is ranked #1. In addition, it has the largest proportion of people with commute time between 25 to 29 minutes at 18% of the total and is ranked #1. Furthermore, it has the largest proportion of people with commute time between 30 to 34 minutes at 3% of the total and is ranked #1. Next it has the largest proportion of people with commute time between 35 to 39 minutes at 5% of the total and is ranked #1. Additionally, it has the largest proportion of people with commute time between 40 to 44 minutes at 10% of the total and is ranked #1. And then, it has the largest proportion of people with commute time between 45 to 59 minutes at 9% of the total and is ranked #1.

The average commute time is shown in Figure 37. Honolulu County depicts it has a Avg Commute Time of 29 which is the most of all counties in the greater Honolulu County region. Figure 38 shows the difference between male versus female commuting time. Honolulu County depicts average commute time in minutes for men 19.5% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Honolulu County has one of the largest proportions of no vehicle available at 22% of the total and is ranked #3. Only #2 Aleutians East Borough (31%), and #1 Kalawao County (55%) are larger. Second, it has one of the largest proportions of 4 vehicles available at 9% of the total and is ranked #3. Only #2 Maui County (10%), and #1 Kauai County (11%) are larger. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Honolulu County shows it has a Work in city or place where live of 40% which is the third most people who both work and live in the same city of all other counties in the greater Honolulu County region. The county with the highest people who both work and live in the same city in the area is Aleutians East Borough which shows a people who both work and live in the same city of 84% (about twice as large). Comparing people who both work and live in the same city to the United States average of 42%, Honolulu County is only about 4.0% smaller. Also, benchmarked against the state of Hawaii, people who both work and live in the same city of 38%, Honolulu County is only about 4.5% larger.

Honolulu County 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. Honolulu County shows it has the hightest median earnings of $96,023 for the earnings-healthcare practitioners and tech occupations aggregate. Similarly, Figure 47 shows the median earnings of women for the job categories and Honolulu County indicates it has the hightest median earnings of $83,489 for the earnings-healthcare practitioners and tech occupations grouping. The table in Figure 48, shows Honolulu County employment data in terms of job categories and salary data.

Honolulu County 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. Honolulu County shows it has the hightest entrepreneurs of 53% for the self employed management, business, science, and arts businesses group.

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. Honolulu County depicts it has the hightest entrepreneurs of 20% for the self employed in professional, scientific, management, administrative services classification.

In Figure 51 the average annual self employment/entrepreneur income is shown. Honolulu County depicts it has a Self Employment Income of $41,373 which is the third most average annual self employment income of all other counties in the greater Honolulu County region. The county with the highest average annual self employment income in the area is Aleutians East Borough which depicts an average annual self employment income of $52,535 (27.0% larger). Comparing average annual self employment income to the United States average of $39,154, Honolulu County is only about 5.7% larger. Also, in comparison with the state of Hawaii, average annual self employment income of $40,048, Honolulu County is only about 3.3% larger.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Honolulu County shows total number of self-employed men 41.9% larger as the total number of self-employed women.