Mashpee Neck CDP Massachusetts Income Charts

This section shows the Mashpee Neck 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, Mashpee Neck CDP shows it has a Median earnings of $73,641 which is in the mid range of other places in the greater region. The place with the highest median earnings per worker in the area is New Seabury CDP which shows a median earnings of $194,500 (approximately 2.6 times bigger). Comparing median earnings per worker to the United States average of $53,269, Mashpee Neck CDP is 38.2% larger. Also, measured against the state of Massachusetts, median earnings per worker of $69,105, Mashpee Neck CDP is 6.6% 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 $135,469 which is the second most median income of all the places in the greater Mashpee Neck CDP region. The place with the highest median household income in the area is New Seabury CDP which depicts a median income of $152,917 (12.9% larger). Comparing median household income to the United States average of $69,021, Mashpee Neck CDP is about twice as large. Also, in comparison with the state of Massachusetts, median household income of $89,026, Mashpee Neck CDP is 52.2% larger.

The next section examines a variety of different income statistics for the Mashpee Neck CDP metropolitan area. In Figure 3 we see that it it has one of the largest proportions of earnings between $15,000 and $19,999 at 26.8% of the total and is ranked #2. The only larger place being Monomoscoy Island CDP with 32.2%. Second, it has the second smallest as measured by median earnings of less than $10,000 of all the other places in the metro area as measured by earnings between $20,000 and $49,999 at 11.7% 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 $37.66 which is in the middle range of other places in the greater region. The place with the highest average hourly earnings in the area is New Seabury CDP which depicts an average hourly earnings of $136.51 (approximately 3.6 times bigger). Comparing average hourly earnings to the United States average of $26.40, Mashpee Neck CDP is 42.7% larger. Also, measured against the state of Massachusetts, average hourly earnings of $34.97, Mashpee Neck CDP is 7.7% larger.

Figure 5 examines the number of self employed people in the Mashpee Neck CDP metro area based on the number of people who reported any self employment income. Mashpee Neck CDP shows it has a Self Employed of 14.8% which is less than most other places in the greater region. The place with the highest percentage of people self employed in the area is Popponesset Island CDP which depicts a percentage self employed of 25.7% (73.2% larger).

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 20.1% which is less than most other places in the metro area. The place with the highest households with retirement income in the area is Popponesset Island CDP which depicts a households with retirement income of 51.4% (approximately 2.6 times bigger).

The percentage of full-time workers are compared to the number of part-time workers in Figure 8. Mashpee Neck CDP depicts full time employees about twice as large 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. Mashpee Neck CDP depicts it has the hightest entrepreneurs of 73% for the self employed in retail trade 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. Mashpee Neck CDP shows it has the hightest cost of 171.1 for the cost of housing grouping.

Mashpee Neck CDP Massachusetts Poverty Charts

In Figure 11 the percentage of people earning less than the poverty level is shown and compared across the group of places. Mashpee Neck CDP indicates it has a Percent of Population In Poverty of 4.2% which is in the middle range of other places in the local area. The place with the highest percent of people earning less than the poverty level in the area is New Seabury CDP which shows a percent of people in poverty of 6.9% (65.4% 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.) Mashpee Neck CDP shows it has a Public Assistance Percent of 12.1% which is the most of all places in the local area.

Mashpee Neck CDP Massachusetts Labor Force Charts

The table in Figure 13, shows Mashpee Neck 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 Coronavirus Pandemic it went from 6.3% to 3.4% in December 2019. This represents a decrease in the monthly unemployment rate of 46.0%. Since that time, the monthly unemployment rate has gone to 3.4%. This represents an increase in the monthly unemployment rate of very little.

Mashpee Neck CDP Massachusetts 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.

Mashpee Neck 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 Mashpee Neck CDP community and has an impact on other factors such as economic growth, population growth, economic recovery, job growth, etc.. Figure 17 shows a high level view of how the population commutes to work (including the percent of people who work from home.) Mashpee Neck CDP has the largest proportion of people who take public transportation to work at 2% of the total and is ranked #1. Second, it has the smallest proportion of people who bicycle or walk to work at 5% of the total. Figure 18 shows a more detailed view of how the population commutes to work for (for example to downtown Mashpee Neck CDP or elsewhere.) Mashpee Neck CDP has one of the largest proportions of people who drove alone at 89% of the total and is ranked #2. The only larger place being Seabrook CDP with 89%. Second, it has the largest proportion of people who take the bus at 1% of the total and is ranked #1. Third, it has the largest proportion of people who bike at 1% of the total and is ranked #1. Also, it has the largest proportion of people who walked at 2% of the total and is ranked #1. In addition, it has the smallest proportion of people who work from home at 5% 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. Mashpee Neck CDP depicts it has a Avg Commute Time of 28 which is the third most of all other places in the metro area.