Princeville CDP Hawaii Income Charts

This section shows the Princeville 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, Princeville CDP shows it has a Median earnings of $47,292 which is the third most of all other places in the metro area. The place with the highest median earnings per worker in the area is Haena CDP which shows a median earnings of $93,295 (about twice as large). Comparing median earnings per worker to the United States average of $49,041, Princeville CDP is only about 3.7% smaller. Also, compared to the state of Hawaii, median earnings per worker of $49,056, Princeville CDP is only about 3.7% 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 $70,833 which is the second most of all the places in the metro area. The place with the highest median household income in the area is Kilauea CDP which shows a median income of $88,029 (24.3% larger). Comparing median household income to the United States average of $62,843, Princeville CDP is 12.7% larger. Also, measured against the state of Hawaii, median household income of $81,275, Princeville CDP is about 14.7% smaller.

The next section examines a variety of different income statistics for the Princeville 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 metro area at 6.5% 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 less than most other places in the metropolitan area. The place with the highest average hours in the area is Hanalei CDP which depicts an average hours of 42.8 (17.6% 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 $24.99 which is the second most average hourly earnings of all the places in the greater Princeville CDP region. The place with the highest average hourly earnings in the area is Haena CDP which shows an average hourly earnings of $43.76 (75.1% larger). Comparing average hourly earnings to the United States average of $24.31, Princeville CDP is only about 2.8% larger. Also, benchmarked against the state of Hawaii, average hourly earnings of $24.31, Princeville CDP is only about 2.8% larger.

Figure 7 examines the number of self employed people in the Princeville CDP metro area based on the number of people who reported any self employment income. Princeville CDP shows it has a Self Employed of 27.7% which is in the mid range of other places in the metro area. The place with the highest percentage of people self employed in the area is Kilauea CDP which depicts a percentage self employed of 38.6% (39.4% larger).

Turning our attention to Figure 8, the median household income by age group, has the percentage of median income-25 to 44 years the second smallest as measured by median income for those under 25 years of age of all the other places in the local area at $50,417 of the total. Second, it has the largest proportion of median income-45 to 64 years at $72,083 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 27.3% which is the largest of all places in the greater Princeville CDP region.

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 $94,375 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. Princeville CDP shows it has the hightest cost of 321.9 for the cost of housing grouping.

Princeville 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 disasterous Covid-19 virus 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 shows that from February 2010 to before the disasterous 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 Princeville CDP depicts it has a Unemployment Rate of 2.7% which is the second most unemployment rate of all the places in the greater Princeville CDP region. The place with the highest unemployment rate in the area is Wainiha CDP which shows a rate of 8.0% (approximately 3.0 times bigger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Princeville CDP shows it has a Labor Force Participation of 57.2% which is the third most of all other places in the metro area.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Princeville CDP depicts full time employees approximately 2.5 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 Princeville CDP area. Princeville CDP depicts it has a Single Earner Families of 16.2% which is less than most other places in the greater region. The place with the highest families with a single earner in the area is Anahola CDP which indicates a single earners rate of 35.6% (about twice as large). The percentage of families with no one working is depicted in Figure 22. Princeville CDP shows it has a Families with No One Working of 30.1% which is in the mid range of other places in the local area. The place with the highest families with no one working in the area is Wainiha CDP which depicts a families with no worker of 38.5% (27.7% larger).

Princeville CDP Hawaii Poverty Charts

The next section details economy analysis about poverty for residents of the Princeville 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. Princeville CDP depicts it has a Total In Poverty of 175 which is the third most total people earning less than the poverty level of all other places in the greater Princeville CDP region. The place with the highest total people earning less than the poverty level in the area is Anahola CDP which shows a total people earning less than the poverty level of 286 (63.4% larger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Princeville CDP depicts it has a Percent of Population In Poverty of 10.5% which is less than most other places in the local area. The place with the highest percent of people earning less than the poverty level in the area is Wainiha CDP which shows a percent of people in poverty of 51.8% (approximately 4.9 times bigger).

In Figure 25 people who are in poverty are broken out by age group. Princeville CDP has the percentage of person in poverty 18 to 34 years the second smallest when sorted by person in poverty under 12 years of all the other places in the local area at 17% of the total. Second, it has the largest proportion of person in poverty 35 to 54 years at 31% 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. Princeville CDP has the percentage of less than highschool in poverty in the mid range of other places in the greater region at 5% of the total. Second, it has one of the largest proportions of highschool graduate and in poverty at 12% of the total and is ranked #3. Only #2 Hanalei CDP (21%), and #1 Wainiha CDP (57%) are larger. Figure 29 looks at only those people who make less than the poverty level of income and breaks down there employment status. Princeville CDP has the largest proportion of people who are in poverty and employed at 3.4% 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.) Princeville CDP shows it has a Public Assistance Percent of 3.0% which is the second smallest when sorted by households with public assistance of all the other places in the metropolitan area. The place with the highest households with public assistance in the area is Wainiha CDP which shows a households with public assistance of 27.1% ( appreciably bigger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Princeville CDP shows it has a Gini Index of 47.4% which is the second most the gini index of all the places in the greater Princeville CDP region.

Princeville CDP Hawaii Work Commute Charts

In Figure 35 is shown a frequency distribution of the time that people leave for work. Princeville CDP has the percentage of people who leave for work between 12am to 5am in the mid range of other places in the metro area at 1% of the total. Second, it has the largest proportion of people who leave for work between 9am to 10am at 6% of the total and is ranked #1. Third, it has the largest proportion of people who leave for work between 10am to 11am at 1% of the total and is ranked #1. Also, it has one of the largest proportions of people who leave for work between 12noon to 4pm at 17% of the total and is ranked #2. The only larger place being Wainiha CDP with 18%.

The next graph in Figure 36 shows the average number of minutes that it takes for people to commute to work. Princeville CDP has one of the largest proportions of people with commute time of less than 5 minutesutes at 21% of the total and is ranked #2. The only larger place being Haena CDP with 29%. Second, it has less than most other places in the greater region when sorted by people with commute time between 5 to 9 minutes at 22% of the total. Third, it has the largest proportion of people with commute time between 10 to 14 minutes at 20% of the total and is ranked #1. Also, it has the smallest proportion of people with commute time between 15 to 19 minutes at 4% of the total. In addition, it has the largest proportion of people with commute time between 30 to 34 minutes at 3% of the total and is ranked #1.

The average commute time is shown in Figure 37. Princeville CDP indicates it has a Avg Commute Time of 15 which is the second smallest in order of average commute time of all the other places in the greater region. Figure 38 shows the difference between male versus female commuting time. Princeville CDP indicates average commute time in minutes for men about 11.6% smaller as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Princeville CDP has the percentage of no vehicle available less than most other places in the local area at 13% of the total. Second, it has the largest proportion of 1 vehicle available at 65% of the total and is ranked #1. Third, it has less than most other places in the area when sorted by 2 vehicles available at 13% of the total. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Princeville CDP depicts it has a Work in city or place where live of 60% which is the second most people who both work and live in the same city of all the places in the greater Princeville CDP region. The place with the highest people who both work and live in the same city in the area is Hanalei CDP which depicts a people who both work and live in the same city of 72% (19.9% larger). Comparing people who both work and live in the same city to the United States average of 42%, Princeville CDP is 43.6% larger. Also, in contrast to the state of Hawaii, people who both work and live in the same city of 38%, Princeville CDP is 56.2% larger.

Princeville 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. Princeville CDP depicts it has the hightest median earnings of $94,063 for the earnings-sales and office occupations category. Similarly, Figure 47 shows the median earnings of women for the job categories and Princeville CDP shows it has the hightest median earnings of $74,091 for the earnings-sales and office occupations aggregate. The table in Figure 48, shows Princeville CDP employment data in terms of job categories and salary data.

Princeville 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. Princeville CDP shows it has the hightest entrepreneurs of 73% 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. Princeville CDP depicts it has the hightest entrepreneurs of 36% for the self employed in professional, scientific, management, administrative services group.

In Figure 51 the average annual self employment/entrepreneur income is shown. Princeville CDP depicts it has a Self Employment Income of $64,238 which is ranked #1 of all places in the greater Princeville CDP region. Comparing average annual self employment income to the United States average of $39,154, Princeville CDP is 64.1% larger. Also, compared to the state of Hawaii, average annual self employment income of $40,048, Princeville CDP is 60.4% larger.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Princeville CDP shows total number of self-employed men 8.3% larger as the total number of self-employed women.