Cumberland Hill CDP Rhode Island Income Charts

This section shows the Cumberland Hill CDP Rhode Island economy using the most recent economic analysis from the 2022 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Cumberland Hill CDP shows it has a Median earnings of $69,502 which is the second most median earnings of all the places in the greater Cumberland Hill CDP region. The place with the highest median earnings per worker in the area is Franklin Town which depicts a median earnings of $88,617 (27.5% larger). Comparing median earnings per worker to the United States average of $53,269, Cumberland Hill CDP is 30.5% larger. Also, compared to the state of Rhode Island, median earnings per worker of $56,841, Cumberland Hill CDP is 22.3% 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 $106,827 which is the second most median income of all the places in the greater Cumberland Hill CDP region. The place with the highest median household income in the area is Franklin Town which depicts a median income of $127,608 (19.5% larger). Comparing median household income to the United States average of $69,021, Cumberland Hill CDP is 54.8% larger. Also, measured against the state of Rhode Island, median household income of $74,489, Cumberland Hill CDP is 43.4% larger.

The next section examines a variety of different income statistics for the Cumberland Hill CDP metropolitan area. In Figure 3 we see that it has the percentage of earnings between $15,000 and $19,999 less than most other places in the greater region at 20.0% of the total. Second, it has the largest proportion of earnings between $20,000 and $49,999 at 33.0% of the total and is ranked #1. Third, it has the largest proportion of earnings between $50,000 and $74,999 at 16.3% 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 38.3 which is the second most average hours of all the places in the greater Cumberland Hill CDP region. The place with the highest average hours in the area is Greenville CDP which depicts an average hours of 38.8 ( only slightly 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 $34.90 which is the second most average hourly earnings of all the places in the greater Cumberland Hill CDP region. The place with the highest average hourly earnings in the area is Franklin Town which depicts an average hourly earnings of $45.69 (30.9% larger). Comparing average hourly earnings to the United States average of $26.40, Cumberland Hill CDP is 32.2% larger. Also, measured against the state of Rhode Island, average hourly earnings of $28.92, Cumberland Hill CDP is 20.7% larger.

Figure 7 examines the number of self employed people in the Cumberland Hill CDP metro area based on the number of people who reported any self employment income. Cumberland Hill CDP depicts it has a Self Employed of 5.3% which is the second smallest in order of 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 Valley Falls CDP which shows a percentage self employed of 12.0% (approximately 2.3 times bigger).

Turning our attention to Figure 8, the median household income by age group, it has one of the largest proportions of median income-under 25 years at $125,400 of the total and is ranked #2. The only larger place being Franklin Town with $141,948. Second, it has one of the largest proportions of median income-25 to 44 years at $121,813 of the total and is ranked #3. Only #2 Greenville CDP ($134,758), and #1 Franklin Town ($161,104) are larger. Third, it has one of the largest proportions of median income-45 to 64 years at $51,213 of the total and is ranked #2. The only larger place being Franklin Town with $73,631.

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 23.8% which is the third most of all other places in the greater region. The place with the highest households with retirement income in the area is Greenville CDP which indicates a households with retirement income of 37.9% (59.0% 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 $122,208 of the total and is ranked #2. The only larger place being Franklin Town with $158,750. Second, it has one of the largest proportions of american indian family income at $110,868 of the total and is ranked #3. Only #2 Franklin Town ($169,917), and #1 Greenville CDP ($173,900) are larger.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Cumberland Hill CDP depicts it has the hightest cost of 129.0 for the cost of utilities grouping.

Cumberland Hill CDP Rhode Island 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 indicates that from February 2017 to before the COVID-19 Pandemic it went from 4.3% to 2.6% in December 2019. This represents a decrease in the monthly unemployment rate of 39.5%. Since that time, the monthly unemployment rate has gone to 2.6%. 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 19,514 to 20,040 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 20,040. 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 Cumberland Hill CDP depicts it has a Unemployment Rate of 1.6% which is the smallest when sorted by unemployment rate of all the other places in the local area. The place with the highest unemployment rate in the area is Woonsocket which depicts a rate of 5.9% (approximately 3.7 times bigger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Cumberland Hill CDP depicts it has a Labor Force Participation of 70.1% which is the second most participation rates of all the places in the greater Cumberland Hill CDP 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). Cumberland Hill CDP has the smallest proportion of employed at 1.6% of the total.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Cumberland Hill CDP depicts full time employees approximately 3.2 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 Cumberland Hill CDP area. Cumberland Hill CDP shows it has a Single Earner Families of 18.4% which is the smallest when ranked by families with a single earner of all the other places in the greater region. The place with the highest families with a single earner in the area is Woonsocket which depicts a single earners rate of 36.7% (about twice as large). The percentage of families with no one working is depicted in Figure 22. Cumberland Hill CDP shows it has a Families with No One Working of 11.4% which is less than most other places in the greater region. The place with the highest families with no one working in the area is Greenville CDP which shows a families with no worker of 25.3% (approximately 2.2 times bigger).

Cumberland Hill CDP Rhode Island Poverty Charts

The next section details economy analysis about poverty for residents of the Cumberland Hill 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. Cumberland Hill CDP shows it has a Total In Poverty of 700 which is less than most other places in the local area. The place with the highest total people earning less than the poverty level in the area is Woonsocket which shows a total people earning less than the poverty level of 7,906 ( very much bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Cumberland Hill CDP shows it has a Percent of Population In Poverty of 7.9% which is the third most percent of people earning less than the poverty level of all other places in the greater Cumberland Hill CDP region. The place with the highest percent of people earning less than the poverty level in the area is Central Falls which depicts a percent of people in poverty of 24.9% (approximately 3.1 times bigger).

In Figure 25 people who are in poverty are broken out by age group. Cumberland Hill CDP has the largest proportion of person in poverty under 12 years at 18% of the total and is ranked #1. Second, it has the second smallest as measured by person in poverty under 12 years of all the other places in the metropolitan area when ranked by person in poverty 55 to 64 years at 10% of the total.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Cumberland Hill CDP has the percentage of white poverty rate less than most other places in the area at 9% of the total. Second, it has the largest proportion of hawaiian poverty rate at 39% of the total and is ranked #1.

Figure 27 shows key poverty statistics for groups based on marriage status. Cumberland Hill CDP has the largest proportion of married with children and in poverty at 43% of the total and is ranked #1. Second, it has one of the largest proportions of unmarried with children and in poverty at 45% of the total and is ranked #2. The only larger place being Central Falls with 49%.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Cumberland Hill CDP has one of the largest proportions of less than highschool in poverty at 17% of the total and is ranked #2. The only larger place being Central Falls with 22%. Second, it has the smallest proportion of highschool graduate and in poverty at 1% of the total. Third, it has the smallest proportion of has some college and in poverty at 1% of the total. Figure 29 looks at only those people who make less than the poverty level of income and breaks down there employment status. Cumberland Hill CDP has the largest proportion of people who are in poverty and unemployed at 27.1% 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.) Cumberland Hill CDP shows it has a Public Assistance Percent of 6.2% which is less than most other places in the surrounding region. The place with the highest households with public assistance in the area is Central Falls which shows a households with public assistance of 34.9% ( considerably bigger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Cumberland Hill CDP shows it has a Gini Index of 35.7% which is the smallest when ranked by the gini index of all the other places in the surrounding region.

Cumberland Hill CDP Rhode Island Work Commute Charts

Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Cumberland Hill CDP or elsewhere.) Cumberland Hill CDP has the largest proportion of people who drove alone at 91% of the total and is ranked #1. Second, it has the smallest proportion of people who carpooled at 3% of the total.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Cumberland Hill CDP has the smallest proportion of people who leave for work between 12am to 5am at 2% of the total. Second, it has the smallest proportion of people who leave for work between 5am to 530am at 2% of the total. Third, it has the largest proportion of people who leave for work between 830 am to 9am at 9% 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. Cumberland Hill CDP has the percentage of people with commute time of less than 5 minutesutes the second smallest in terms of people with commute time of less than 5 minutes of all the other places in the area at 6% of the total. Second, it has the largest proportion of people with commute time between 5 to 9 minutes at 22% of the total and is ranked #1. Third, it has the second smallest in terms of people with commute time of less than 5 minutes of all the other places in the greater region as measured by people with commute time between 10 to 14 minutes at 7% of the total. Also, it has the largest proportion of people with commute time between 15 to 19 minutes at 24% of the total and is ranked #1. In addition, it has the smallest proportion of people with commute time between 35 to 39 minutes at 3% of the total.

The average commute time is shown in Figure 37. Cumberland Hill CDP depicts it has a Avg Commute Time of 24 which is the second smallest in order of average commute time of all the other places in the local area. Figure 38 shows the difference between male versus female commuting time. Cumberland Hill CDP depicts average commute time in minutes for men 16.4% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Cumberland Hill CDP has the percentage of no vehicle available less than most other places in the greater region at 14% of the total. Second, it has the second smallest when ranked by no vehicle available of all the other places in the metropolitan area when sorted by 1 vehicle available at 37% of the total. Third, it has the largest proportion of 3 vehicles available at 21% of the total and is ranked #1. Also, it has the second smallest as measured by no vehicle available of all the other places in the metro area when ranked by 4 vehicles available at 1% of the total. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Cumberland Hill CDP shows it has a Work in city or place where live of 10% which is the second smallest when ranked by people who both work and live in the same city of all the other places in the metro area. The place with the highest people who both work and live in the same city in the area is Franklin Town which shows a people who both work and live in the same city of 32% (approximately 3.1 times bigger). Comparing people who both work and live in the same city to the United States average of 44%, Cumberland Hill CDP is approximately a quarter the size. Also, measured against the state of Rhode Island, people who both work and live in the same city of 33%, Cumberland Hill CDP is approximately a third the size.

Cumberland Hill CDP Rhode Island 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. Cumberland Hill CDP depicts it has the hightest median earnings of $120,069 for the management, business, and financial occupations grouping. Similarly, Figure 47 shows the median earnings of women for the job categories and Cumberland Hill CDP shows it has the hightest median earnings of $89,769 for the earnings-computer, engineering, and science occupations aggregate. The table in Figure 48, shows Cumberland Hill CDP employment data in terms of job categories and salary data.

Cumberland Hill CDP Rhode Island 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. Cumberland Hill CDP depicts it has the hightest entrepreneurs of 41% for the self employed in service businesses grouping.

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. Cumberland Hill CDP depicts it has the hightest entrepreneurs of 31% for the self employed in arts, entertainment, recreation, accommodation and food services aggregate.

In Figure 51 the average annual self employment/entrepreneur income is shown. Cumberland Hill CDP depicts it has a Self Employment Income of $54,087 which is the most of all places in the metropolitan area. Comparing average annual self employment income to the United States average of $42,141, Cumberland Hill CDP is 28.3% larger. Also, versus the state of Rhode Island, average annual self employment income of $43,755, Cumberland Hill CDP is 23.6% larger.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Cumberland Hill CDP depicts total number of self-employed men approximately 3.8 times bigger as the total number of self-employed women.