Leisure World CDP Maryland Income Charts

This section shows the Leisure World CDP Maryland economy using the most recent economic analysis from the 2022 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Leisure World CDP depicts it has a Median earnings of $49,967 which is the smallest when sorted by median earnings per worker of all the other places in the area. The place with the highest median earnings per worker in the area is Olney CDP which shows a median earnings of $93,329 (about twice as large). Comparing median earnings per worker to the United States average of $53,269, Leisure World CDP is about 6.6% smaller. Also, in contrast to the state of Maryland, median earnings per worker of $65,737, Leisure World CDP is approximately three-fourths the size.

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 $61,078 which is the smallest when ranked by median household income of all the other places in the metro area. The place with the highest median household income in the area is Olney CDP which depicts a median income of $161,065 (approximately 2.6 times bigger). Comparing median household income to the United States average of $69,021, Leisure World CDP is about 13.0% smaller. Also, in contrast to the state of Maryland, median household income of $91,431, Leisure World CDP is approximately three-fourths the size.

The next section examines a variety of different income statistics for the Leisure World CDP metropolitan area. In Figure 3 we see that it has the smallest proportion of earnings less than $10,000 at 2.1% of the total. Second, it has the largest proportion of earnings between $10,000 and $14,999 at 6.4% of the total and is ranked #1. Third, it has the largest proportion of earnings between $15,000 and $19,999 at 35.0% of the total and is ranked #1. Also, it has the smallest proportion of earnings between $20,000 and $49,999 at 12.0% of the total. In addition, it has the smallest proportion of earnings between $75,000 and $99,999 at 8.1% of the total. Dividing median annual worker earnings by the average number of hours worked in a year in Figure 4 shows that it has a Avg Hrly Earnings of $28.18 which is the second smallest in order of average hourly earnings of all the other places in the area. The place with the highest average hourly earnings in the area is Olney CDP which shows an average hourly earnings of $46.26 (64.2% larger). Comparing average hourly earnings to the United States average of $26.40, Leisure World CDP is 6.7% larger. Also, in contrast to the state of Maryland, average hourly earnings of $32.58, Leisure World CDP is about 15.6% smaller.

Figure 5 examines the number of self employed people in the Leisure World CDP metro area based on the number of people who reported any self employment income. Leisure World CDP shows it has a Self Employed of 5.7% which is the smallest when ranked by percentage of people self employed of all the other places in the greater region. The place with the highest percentage of people self employed in the area is Aspen Hill CDP which shows a percentage self employed of 18.5% (approximately 3.3 times bigger).

Figure 6 breaks down the source of income and Leisure World CDP has the smallest proportion of income from wages at 1.6% of the total. Second, it has the largest proportion of self employment income at 62.1% of the total and is ranked #1. Third, it has the largest proportion of investment and retirement income at 17.8% of the total and is ranked #1.

The next chart (Figure 7) shows the percentage of households that had retirement income over the last 12 months and it has a With Retirement Income of 60.7% which is more than all other places in the greater Leisure World CDP region.

The percentage of full-time workers are compared to the number of part-time workers in Figure 8. Leisure World CDP depicts full time employees approximately 2.5 times bigger as the part time employees.

Similar to the last chart is Figure 9 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. Leisure World CDP shows it has the hightest entrepreneurs of 91% for the self employed in professional, scientific, management, administrative services aggregate.

Figure 10 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Leisure World CDP shows it has the hightest cost of 120.6 for the cost of utilities group.

Leisure World CDP Maryland Poverty Charts

In Figure 11 the percentage of people earning less than the poverty level is shown and compared across the group of places. Leisure World CDP depicts it has a Percent of Population In Poverty of 6.9% which is in the center range of other places in the area. The place with the highest percent of people earning less than the poverty level in the area is Wheaton CDP which shows a percent of people in poverty of 10.5% (53.4% larger). Additionally, Figure 12 looks at the percentage of people who receive some form of public assistance including general assistance, temporary assistance or food stamps (i.e. SNAP.) Leisure World CDP shows it has a Public Assistance Percent of 4.4% which is the second smallest when sorted by households with public assistance of all the other places in the area. The place with the highest households with public assistance in the area is Wheaton CDP which depicts a households with public assistance of 11.2% (approximately 2.5 times bigger).

Leisure World CDP Maryland Labor Force Charts

The table in Figure 13, shows Leisure World CDP employment data in terms of job categories and salary data.

The next two charts look at 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 2022, the Covid 19 recession occurred and affects this metric. The monthly unemployment rate depicts that from February 2017 to before the disasterous Covid-19 virus Pandemic it went from 3.3% to 2.3% in December 2019. This represents a decrease in the monthly unemployment rate of 30.3%. Since that time, the monthly unemployment rate has gone to 2.3%. This represents an increase in the monthly unemployment rate of very little.

Leisure World CDP Maryland Jobs Charts

In the jobs section of economic activity charts in Figure 15 shows the average annual earnings for very high level job industry categories for full time and year round employed.

Figure 16 shows the average median earnings for different categories of jobs.

Leisure World CDP Maryland Work Commute Charts

Figure 18 shows a more detailed view of how the population commutes to work for (for example to downtown Leisure World CDP or elsewhere.) Leisure World CDP has the largest proportion of people who drove alone at 75% of the total and is ranked #1. Second, it has the smallest proportion of people who carpooled at 1% of the total. Third, it has the smallest proportion of people who take a Subway or elevated rail at 2% of the total.

Figure 19 is provided for comparison purposes to the previous chart. It shows how people get to work overall on average in the United States.

The average commute time is shown in Figure 21. Leisure World CDP shows it has a Avg Commute Time of 30 which is the smallest when sorted by average commute time of all the other places in the local area.