Athol CDP Massachusetts Income Charts

This section shows the Athol CDP Massachusetts economy using the most recent economic analysis from the 2020 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Athol CDP depicts it has a Median earnings of $54,000 which is in the center range of other places in the local area. The place with the highest median earnings per worker in the area is Northfield CDP which shows a median earnings of $64,433 (19.3% larger). Comparing median earnings per worker to the United States average of $49,041, Athol CDP is 10.1% larger. Also, benchmarked against the state of Massachusetts, median earnings per worker of $62,972, Athol CDP is about 16.6% 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 $49,653 which is the smallest in terms of median household income of all the other places in the metro area. The place with the highest median household income in the area is Northfield CDP which depicts a median income of $82,000 (65.1% larger). Comparing median household income to the United States average of $62,843, Athol CDP is approximately three-fourths the size. Also, in comparison with the state of Massachusetts, median household income of $81,215, Athol CDP is approximately three-fourths the size.

The next section examines a variety of different income statistics for the Athol CDP metropolitan area. In Figure 3 we see that it it has one of the largest proportions of earnings less than $10,000 at 8.7% of the total and is ranked #3. Only #2 Petersham CDP (9.8%), and #1 Winchendon CDP (10.3%) are larger. Second, it has the largest proportion of earnings between $10,000 and $14,999 at 7.5% 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 35.9 which is the second smallest when ranked by average hours of all the other places in the metro area. The place with the highest average hours in the area is Baldwinville CDP which shows an average hours of 39.6 (10.3% 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 $28.93 which is the third most average hourly earnings of all other places in the greater Athol CDP region. The place with the highest average hourly earnings in the area is Northfield CDP which depicts an average hourly earnings of $34.61 (19.7% larger). Comparing average hourly earnings to the United States average of $24.31, Athol CDP is 19.0% larger. Also, versus the state of Massachusetts, average hourly earnings of $31.87, Athol CDP is about 10.2% smaller.

Figure 7 examines the number of self employed people in the Athol CDP metro area based on the number of people who reported any self employment income. Athol CDP depicts it has a Self Employed of 6.6% which is the second smallest when sorted by percentage of people self employed of all the other places in the metro area. The place with the highest percentage of people self employed in the area is Petersham CDP which depicts a percentage self employed of 19.8% (approximately 3.0 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 as measured by median income for those under 25 years of age of all the other places in the local area at $64,330 of the total. Second, it has the second smallest when sorted by median income for those under 25 years of age of all the other places in the metro area when ranked by median income-25 to 44 years at $54,000 of the total. Third, it has one of the largest proportions of median income-45 to 64 years at $37,434 of the total and is ranked #3. Only #2 Winchendon CDP ($41,250), and #1 Petersham CDP ($60,417) 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 19.6% which is the second smallest in terms of households with retirement income of all the other places in the greater region. The place with the highest households with retirement income in the area is Petersham CDP which depicts a households with retirement income of 38.6% (about twice as large).

In the next chart, Figure 12, the median family income is shown for families broken down by racial group and has the smallest proportion of overall family income at $64,070 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. Athol CDP depicts it has the hightest cost of 125.0 for the cost of miscellaneous items group.

Athol CDP Massachusetts 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 Wuhan Coronavirus/COVID Pandemic the monthly unemployment rate went from 12.2% to 4.6% in February 2020. This represents a decrease in the monthly unemployment rate of 62.3%. Since that time, the monthly unemployment rate has gone to 6.9% This represents an increase in the monthly unemployment rate of 50.0%. 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 disasterous Covid-19 virus Pandemic the monthly labor force participation went from 5,695 to 5,980 in February 2020. This represents an increase in the monthly labor force participation of 5.0%. Since that time, the monthly labor force participation has gone to 5,717 This represents a decrease in the monthly labor force participation of 4.4%.

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 Athol CDP depicts it has a Unemployment Rate of 6.0% which is the most of all places in the greater region. Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Athol CDP depicts it has a Labor Force Participation of 60.4% which is the smallest when sorted by participation rate of all the other places in the greater region.

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). Athol CDP has the largest proportion of employed at 6.0% of the total and is ranked #1. Second, it has the largest proportion of unemployed at 39.6% 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. Athol CDP depicts full time employees about twice as large 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 Athol CDP area. Athol CDP shows it has a Single Earner Families of 22.7% which is in the middle range of other places in the metro area. The place with the highest families with a single earner in the area is Northfield CDP which depicts a single earners rate of 25.4% (11.5% larger). The percentage of families with no one working is depicted in Figure 22. Athol CDP depicts it has a Families with No One Working of 20.3% which is the second most families with no one working of all the places in the greater Athol CDP region. The place with the highest families with no one working in the area is Northfield CDP which indicates a families with no worker of 33.0% (62.4% larger).

Athol CDP Massachusetts Poverty Charts

The next section details economy analysis about poverty for residents of the Athol 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. Athol CDP depicts it has a Total In Poverty of 1,485 which is the second most of all the places in the local area. The place with the highest total people earning less than the poverty level in the area is Gardner which shows a total people earning less than the poverty level of 2,698 (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. Athol CDP depicts it has a Percent of Population In Poverty of 17.3% which is more than all other places in the greater Athol CDP region.

In Figure 25 people who are in poverty are broken out by age group. Athol CDP has one of the largest proportions of person in poverty 12 to 17 years at 25% of the total and is ranked #2. The only larger place being Gardner with 28%.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Athol CDP has the percentage of white poverty rate in the mid point range of other places in the surrounding region at 12% of the total. Second, it has the largest proportion of hawaiian poverty rate at 62% of the total and is ranked #1.

Figure 27 shows key poverty statistics for groups based on marriage status. Athol CDP has one of the largest proportions of unmarried with children and in poverty at 44% of the total and is ranked #3. Only #2 Orange CDP (48%), and #1 Winchendon CDP (78%) are larger.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Athol CDP has the largest proportion of less than highschool in poverty at 16% of the total and is ranked #1. Second, it has the largest proportion of has some college and in poverty at 10% 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. Athol CDP has the largest proportion of people who are in poverty and unemployed at 25.1% 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.) Athol CDP depicts it has a Public Assistance Percent of 23.0% which is more than all other places in the greater Athol CDP region.

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Athol CDP depicts it has a Gini Index of 42.2% which is less than most other places in the surrounding region.

Athol CDP Massachusetts 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 Athol 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.) Athol CDP has the largest proportion of people who drive a car or motorcycle to work at 1% 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 Athol CDP or elsewhere.) Athol CDP has the smallest proportion of people who drove alone at 74% of the total. Second, it has the largest proportion of people who carpooled at 16% of the total and is ranked #1. Third, it has the largest proportion of people who take the bus at 1% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Athol CDP has the largest proportion of people who leave for work between 5am to 530am at 11% 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. Athol CDP has the largest proportion of people with commute time of less than 5 minutesutes at 18% of the total and is ranked #1. Second, it has the largest proportion of people with commute time between 5 to 9 minutes at 16% of the total and is ranked #1. Third, it has the smallest proportion of people with commute time between 10 to 14 minutes at 6% of the total. Also, it has the smallest proportion of people with commute time between 20 to 24 minutes at 1% of the total.

The average commute time is shown in Figure 37. Athol CDP depicts it has a Avg Commute Time of 32 which is the third most of all other places in the greater region. Figure 38 shows the difference between male versus female commuting time. Athol CDP shows average commute time in minutes for men 28.1% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Athol CDP has one of the largest proportions of no vehicle available at 20% of the total and is ranked #3. Only #2 Petersham CDP (21%), and #1 Gardner (24%) are larger. Second, it has less than most other places in the metropolitan area in order of 1 vehicle available at 45% of the total. Third, it has the largest proportion of 2 vehicles available at 25% of the total and is ranked #1. Also, it has the smallest proportion of 3 vehicles available at 5% of the total. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Athol CDP depicts it has a Work in city or place where live of 30% which is the second most people who both work and live in the same city of all the places in the greater Athol CDP region. The place with the highest people who both work and live in the same city in the area is Gardner which depicts a people who both work and live in the same city of 33% (9.4% larger). Comparing people who both work and live in the same city to the United States average of 42%, Athol CDP is approximately three-fourths the size. Also, compared to the state of Massachusetts, people who both work and live in the same city of 34%, Athol CDP is about 13.6% smaller.

Athol CDP Massachusetts 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. Athol CDP depicts it has the hightest median earnings of $108,691 for the earnings-computer, engineering, and science occupations category. Similarly, Figure 47 shows the median earnings of women for the job categories and Athol CDP depicts it has the hightest median earnings of $91,167 for the earnings-healthcare practitioners and tech occupations category. The table in Figure 48, shows Athol CDP employment data in terms of job categories and salary data.

Athol CDP Massachusetts 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. Athol CDP depicts it has the hightest entrepreneurs of 100% for the self employed in sales and office related 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. Athol CDP shows it has the hightest entrepreneurs of 100% for the self employed in professional, scientific, management, administrative services aggregate.

In Figure 51 the average annual self employment/entrepreneur income is shown. Athol CDP indicates it has a Self Employment Income of $22,350 which is less than most other places in the surrounding region. The place with the highest average annual self employment income in the area is Winchendon CDP which depicts an average annual self employment income of $162,160 ( markedly bigger). Comparing average annual self employment income to the United States average of $39,154, Athol CDP is approximately half the size. Also, measured against the state of Massachusetts, average annual self employment income of $45,741, Athol CDP is approximately half the size.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Athol CDP shows total number of self-employed men very much bigger as the total number of self-employed women.