Dennis CDP Massachusetts Income Charts

This section shows the Dennis CDP Massachusetts economy using the most recent economic analysis from the 2022 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Dennis CDP depicts it has a Median earnings of $64,848 which is the second most median earnings of all the places in the greater Dennis CDP region. The place with the highest median earnings per worker in the area is Yarmouth Port CDP which depicts a median earnings of $65,948 ( only slightly larger). Comparing median earnings per worker to the United States average of $53,269, Dennis CDP is 21.7% larger. Also, in contrast to the state of Massachusetts, median earnings per worker of $69,105, Dennis CDP is about 6.6% 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 $105,508 which is the highest of all places in the greater region. Comparing median household income to the United States average of $69,021, Dennis CDP is 52.9% larger. Also, in comparison with the state of Massachusetts, median household income of $89,026, Dennis CDP is 18.5% larger.

The next section examines a variety of different income statistics for the Dennis CDP metropolitan area. In Figure 3 we see that it has the smallest proportion of earnings less than $10,000 at 0.4% of the total. Second, it has the largest proportion of earnings between $75,000 and $99,999 at 21.4% 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 38.2 which is the third most average hours of all other places in the greater Dennis CDP region. The place with the highest average hours in the area is Dennis Port CDP which shows an average hours of 40.4 (only about 5.8% 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 $32.65 which is the second most average hourly earnings of all the places in the greater Dennis CDP region. The place with the highest average hourly earnings in the area is Yarmouth Port CDP which depicts an average hourly earnings of $33.03 ( only slightly larger). Comparing average hourly earnings to the United States average of $26.40, Dennis CDP is 23.6% larger. Also, in comparison with the state of Massachusetts, average hourly earnings of $34.97, Dennis CDP is about 7.1% smaller.

Figure 7 examines the number of self employed people in the Dennis CDP metro area based on the number of people who reported any self employment income. Dennis CDP shows it has a Self Employed of 13.4% which is the third most people self employed of all other places in the greater Dennis CDP region. The place with the highest percentage of people self employed in the area is Yarmouth Port CDP which depicts a percentage self employed of 14.2% (only about 5.7% larger).

Turning our attention to Figure 8, the median household income by age group, it has the largest proportion of median income-25 to 44 years at $139,583 of the total and is ranked #1. Second, it has the largest proportion of median income-45 to 64 years at $95,577 of the total and is ranked #1.

Figure 9 breaks down the source of income and Dennis CDP has one of the largest proportions of self employment income at 37.8% of the total and is ranked #2. The only larger place being East Dennis CDP with 40.9%.

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 43.0% which is the third most households with retirement income of all other places in the greater Dennis CDP region. The place with the highest households with retirement income in the area is East Dennis CDP which depicts a households with retirement income of 51.5% (19.7% 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 $118,889 of the total and is ranked #2. The only larger place being East Dennis CDP with $134,219.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Dennis CDP depicts it has the hightest cost of 210.4 for the cost of housing group.

Dennis CDP Massachusetts Labor Force Charts

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 Coronavirus Pandemic it went from 8.7% to 4.4% in December 2019. This represents a decrease in the monthly unemployment rate of 49.4%. Since that time, the monthly unemployment rate has gone to 4.4%. This represents an increase in the monthly unemployment rate of very little. 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. The monthly labor force participation depicts that from January 2017 to before the COVID-19 Pandemic it went from 6,329 to 6,499 in November 2019. This represents an increase in the monthly labor force participation of 2.7%. Since that time, the monthly labor force participation has gone to 6,499. This represents an increase in the monthly labor force participation of very little.

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 Dennis CDP shows it has a Unemployment Rate of 3.4% which is the third most of all other places in the metropolitan area. The place with the highest unemployment rate in the area is South Yarmouth CDP which depicts a rate of 5.4% (57.6% larger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Dennis CDP indicates it has a Labor Force Participation of 49.1% which is the smallest as measured 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). Dennis CDP has the largest proportion of unemployed at 50.9% 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. Dennis CDP shows full time employees approximately 4.0 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 Dennis CDP area. Dennis CDP depicts it has a Single Earner Families of 29.4% which is the second most families with a single earner of all the places in the greater Dennis CDP region. The place with the highest families with a single earner in the area is West Dennis CDP which depicts a single earners rate of 31.7% (7.8% larger). The percentage of families with no one working is depicted in Figure 22. Dennis CDP depicts it has a Families with No One Working of 34.6% which is the third most families with no one working of all other places in the greater Dennis CDP region. The place with the highest families with no one working in the area is East Dennis CDP which depicts a families with no worker of 44.1% (27.6% larger).

Dennis CDP Massachusetts Poverty Charts

The next section details economy analysis about poverty for residents of the Dennis 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. Dennis CDP depicts it has a Total In Poverty of 133 which is the smallest in order of total people earning less than the poverty level of all the other places in the local area. The place with the highest total people earning less than the poverty level in the area is South Yarmouth CDP which shows a total people earning less than the poverty level of 682 ( appreciably bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Dennis CDP shows it has a Percent of Population In Poverty of 6.7% 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 Dennis Port CDP which shows a percent of people in poverty of 19.0% (approximately 2.8 times bigger).

In Figure 25 people who are in poverty are broken out by age group. Dennis CDP has the smallest proportion of person in poverty 12 to 17 years at 7% of the total. Second, it has the second smallest when sorted by person in poverty under 12 years of all the other places in the local area when ranked by person in poverty 55 to 64 years at 12% of the total.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Dennis CDP has the largest proportion of hawaiian poverty rate at 100% of the total and is ranked #1.

Figure 27 shows key poverty statistics for groups based on marriage status. Dennis CDP has the largest proportion of married with children and in poverty at 85% of the total and is ranked #1. Second, it has the largest proportion of unmarried with children and in poverty at 83% of the total and is ranked #1. Third, it has the largest proportion of unmarried female with children and in poverty at 100% 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. Dennis CDP has the percentage of less than highschool in poverty the second smallest when ranked by less than highschool in poverty of all the other places in the local area at 4% 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.) Dennis CDP depicts it has a Public Assistance Percent of 5.6% which is the smallest when ranked by 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 South Dennis CDP which indicates a households with public assistance of 14.8% (approximately 2.6 times bigger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Dennis CDP depicts it has a Gini Index of 40.0% which is the second smallest as measured by the gini index of all the other places in the area.

Dennis 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 Dennis 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.) Dennis CDP has the largest proportion of people who bicycle or walk to work at 19% 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 Dennis CDP or elsewhere.) Dennis CDP has the largest proportion of people who bike at 1% of the total and is ranked #1. Second, it has the largest proportion of people who work from home at 19% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Dennis CDP has the percentage of people who leave for work between 12am to 5am the second smallest when ranked by people who leave for work between 12am to 5am of all the other places in the metropolitan area at 1% of the total. Second, it has the largest proportion of people who leave for work between 5am to 530am at 13% of the total and is ranked #1. Third, it has the smallest proportion of people who leave for work between 530 am to 6am at 6% of the total. Also, it has the smallest proportion of people who leave for work between 6am to 630am at 1% of the total. In addition, it has the largest proportion of people who leave for work between 10am to 11am at 9% of the total and is ranked #1. Furthermore, it has the smallest proportion of people who leave for work between 11am to 12noon at 2% of the total. Next it has the smallest proportion of people who leave for work between 12noon to 4pm at 2% of the total.

The next graph in Figure 36 shows the average number of minutes that it takes for people to commute to work. Dennis CDP has the percentage of people with commute time of less than 5 minutesutes less than most other places in the local area at 8% of the total. Second, it has the second smallest when ranked by people with commute time of less than 5 minutes of all the other places in the area when ranked by people with commute time between 5 to 9 minutes at 14% of the total. Third, it has the largest proportion of people with commute time between 15 to 19 minutes at 22% of the total and is ranked #1. Also, it has the largest proportion of people with commute time between 30 to 34 minutes at 4% of the total and is ranked #1. In addition, it has the smallest proportion of people with commute time between 40 to 44 minutes at 1% of the total. Furthermore, it has the largest proportion of people with commute time between 60 to 89 minutes at 10% of the total and is ranked #1.

The average commute time is shown in Figure 37. Dennis CDP depicts it has a Avg Commute Time of 28 which is the largest of all places in the greater Dennis CDP region. Figure 38 shows the difference between male versus female commuting time. Dennis CDP depicts average commute time in minutes for men about twice as large as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Dennis CDP has the largest proportion of no vehicle available at 30% of the total and is ranked #1. Second, it has the second smallest when ranked by no vehicle available of all the other places in the area as measured by 1 vehicle available at 40% of the total. Third, it has the largest proportion of 2 vehicles available at 30% of the total and is ranked #1. Also, it has the second smallest when ranked by no vehicle available of all the other places in the local area as measured by 3 vehicles available at 0% of the total. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Dennis CDP depicts it has a Work in city or place where live of 23% which is the third most people who both work and live in the same city of all other places in the greater Dennis CDP region. The place with the highest people who both work and live in the same city in the area is Yarmouth Port CDP which depicts a people who both work and live in the same city of 26% (17.5% larger). Comparing people who both work and live in the same city to the United States average of 44%, Dennis CDP is approximately half the size. Also, compared with the state of Massachusetts, people who both work and live in the same city of 38%, Dennis CDP is approximately half the size.

Dennis 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. Dennis CDP shows it has the hightest median earnings of $137,731 for the earnings-computer, engineering, and science occupations category. Similarly, Figure 47 shows the median earnings of women for the job categories and Dennis CDP shows it has the hightest median earnings of $155,324 for the management, business, and financial occupations category. The table in Figure 48, shows Dennis CDP employment data in terms of job categories and salary data.

Dennis 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. Dennis CDP shows it has the hightest entrepreneurs of 45% for the self employed in service 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. Dennis CDP shows it has the hightest entrepreneurs of 35% for the self employed in arts, entertainment, recreation, accommodation and food services grouping.

In Figure 51 the average annual self employment/entrepreneur income is shown. Dennis CDP shows it has a Self Employment Income of $32,889 which is the second smallest in terms of average annual self employment income of all the other places in the metro area. The place with the highest average annual self employment income in the area is West Dennis CDP which depicts an average annual self employment income of $80,451 (approximately 2.4 times bigger). Comparing average annual self employment income to the United States average of $42,141, Dennis CDP is approximately three-fourths the size. Also, in comparison with the state of Massachusetts, average annual self employment income of $49,004, Dennis CDP is approximately three-fourths the size.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Dennis CDP shows total number of self-employed men 13.6% larger as the total number of self-employed women.