Woodfield CDP South Carolina Income Charts

This section shows the Woodfield CDP South Carolina economy using the most recent economic analysis from the 2022 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Woodfield CDP shows it has a Median earnings of $31,413 which is the smallest as measured by median earnings per worker of all the other places in the greater region. The place with the highest median earnings per worker in the area is Arcadia Lakes which shows a median earnings of $80,078 (approximately 2.5 times bigger). Comparing median earnings per worker to the United States average of $53,269, Woodfield CDP is approximately half the size. Also, in comparison with the state of South Carolina, median earnings per worker of $45,601, Woodfield 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 $38,239 which is the second smallest when ranked by median household income of all the other places in the area. The place with the highest median household income in the area is Arcadia Lakes which depicts a median income of $94,750 (approximately 2.5 times bigger). Comparing median household income to the United States average of $69,021, Woodfield CDP is approximately half the size. Also, compared with the state of South Carolina, median household income of $58,234, Woodfield CDP is approximately three-fourths the size.

The next section examines a variety of different income statistics for the Woodfield CDP metropolitan area. In Figure 3 we see that it it has the largest proportion of earnings between $10,000 and $14,999 at 12.6% of the total and is ranked #1. Second, it has the largest proportion of earnings between $15,000 and $19,999 at 47.6% of the total and is ranked #1. Third, it has the smallest proportion of earnings between $20,000 and $49,999 at 13.4% of the total. Also, it has the smallest proportion of earnings between $75,000 and $99,999 at 0.7% of the total.

Figure 5 has the Average number of hours worked in a typical work week during the year, it has a Avg Hours Worked of 38.0 which is less than most other places in the local area. The place with the highest average hours in the area is Arcadia Lakes which shows 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 $15.90 which is the 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 Arcadia Lakes which shows an average hourly earnings of $39.69 (approximately 2.5 times bigger). Comparing average hourly earnings to the United States average of $26.40, Woodfield CDP is approximately three-fourths the size. Also, measured against the state of South Carolina, average hourly earnings of $22.43, Woodfield CDP is approximately three-fourths the size.

Figure 7 examines the number of self employed people in the Woodfield CDP metro area based on the number of people who reported any self employment income. Woodfield CDP depicts it has a Self Employed of 8.9% which is the third most people self employed of all other places in the greater Woodfield CDP region. The place with the highest percentage of people self employed in the area is Arcadia Lakes which depicts a percentage self employed of 16.7% (about twice as large).

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 in terms of median income for those under 25 years of age of all the other places in the local area at $40,811 of the total. Second, it has the smallest proportion of median income-25 to 44 years at $33,933 of the total. Third, it has in the center range of other places in the greater region in order of median income-45 to 64 years at $45,511 of the total.

Figure 9 breaks down the source of income and Woodfield CDP has the largest proportion of social security at 1.2% of the total and is ranked #1.

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 16.4% which is less than most other places in the metro area. The place with the highest households with retirement income in the area is Arcadia Lakes which depicts a households with retirement income of 50.8% (approximately 3.1 times bigger).

In the next chart, Figure 12, the median family income is shown for families broken down by racial group and has the percentage of overall family income the second smallest in terms of overall family income of all the other places in the area at $62,292 of the total. Second, it has in the middle range of other places in the greater region as measured by white family income at $32,540 of the total. Third, it has the largest proportion of american indian family income at $100,942 of the total and is ranked #1. Also, it has in the mid range of other places in the local area when ranked by hawaiian family income at $43,354 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. Woodfield CDP depicts it has the hightest cost of 110.6 for the cost of miscellaneous items classification.

Woodfield CDP South Carolina 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 4.9% to 2.5% in December 2019. This represents a decrease in the monthly unemployment rate of 49.0%. Since that time, the monthly unemployment rate has gone to 2.5%. 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 Coronavirus Pandemic it went from 59,543 to 59,137 in November 2019. This represents a decrease in the monthly labor force participation of very little. Since that time, the monthly labor force participation has gone to 59,137. 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 Woodfield CDP shows it has a Unemployment Rate of 2.5% which is less than most other places in the greater region. The place with the highest unemployment rate in the area is St Andrews CDP which shows a rate of 5.5% (about twice as large). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Woodfield CDP shows it has a Labor Force Participation of 63.4% which is the smallest when ranked by participation rate of all the other places in the metropolitan area.

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). Woodfield CDP has the largest proportion of unemployed at 36.6% 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. Woodfield CDP shows full time employees approximately 4.1 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 Woodfield CDP area. Woodfield CDP shows it has a Single Earner Families of 37.3% which is the second most families with a single earner of all the places in the greater Woodfield CDP region. The place with the highest families with a single earner in the area is Dentsville CDP which depicts a single earners rate of 43.4% (16.3% larger). The percentage of families with no one working is depicted in Figure 22. Woodfield CDP shows it has a Families with No One Working of 18.4% which is the third most of all other places in the local area. The place with the highest families with no one working in the area is Cayce which depicts a families with no worker of 22.5% (22.3% larger).

Woodfield CDP South Carolina Poverty Charts

The next section details economy analysis about poverty for residents of the Woodfield 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. Woodfield CDP depicts it has a Total In Poverty of 1,924 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 Columbia which depicts a total people earning less than the poverty level of 26,890 ( 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. Woodfield CDP shows it has a Percent of Population In Poverty of 21.7% which is in the center range of other places in the metropolitan area. The place with the highest percent of people earning less than the poverty level in the area is Columbia which shows a percent of people in poverty of 24.3% (11.9% larger).

In Figure 25 people who are in poverty are broken out by age group. Woodfield CDP has the largest proportion of person in poverty under 12 years at 16% of the total and is ranked #1. Second, it has the second smallest when ranked by person in poverty under 12 years of all the other places in the greater region in terms of person in poverty 12 to 17 years at 24% of the total. Third, it has the largest proportion of person in poverty 18 to 34 years at 24% of the total and is ranked #1. Also, it has the smallest proportion of person in poverty 35 to 54 years at 3% of the total. In addition, it has less than most other places in the metropolitan area in terms of person in poverty 55 to 64 years at 5% of the total.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Woodfield CDP has one of the largest proportions of hawaiian poverty rate at 38% of the total and is ranked #2. The only larger place being St Andrews CDP with 49%.

Figure 27 shows key poverty statistics for groups based on marriage status. Woodfield CDP has one of the largest proportions of married with children and in poverty at 49% of the total and is ranked #3. Only #2 St Andrews CDP (51%), and #1 Columbia (57%) are larger. Second, it has the second smallest when ranked by married with children and in poverty of all the other places in the metropolitan area in terms of unmarried with children and in poverty at 34% of the total. Third, it has the largest proportion of unmarried female with children and in poverty at 88% 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. Woodfield CDP has the largest proportion of people who are in poverty and unemployed at 23.4% 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.) Woodfield CDP shows it has a Public Assistance Percent of 12.7% which is in the center range of other places in the local area. The place with the highest households with public assistance in the area is St Andrews CDP which depicts a households with public assistance of 16.4% (29.1% larger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Woodfield CDP depicts it has a Gini Index of 40.7% which is in the mid range of other places in the metro area.

Woodfield CDP South Carolina 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 Woodfield 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.) Woodfield CDP has the largest proportion of people who drive a car or motorcycle to work at 2% 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 Woodfield CDP or elsewhere.) Woodfield CDP has the largest proportion of people who carpooled at 13% of the total and is ranked #1. Second, it has the largest proportion of people who take the bus at 2% of the total and is ranked #1. Third, it has the largest proportion of people who take the Long-distance train or commuter rail at 0% of the total and is ranked #1. Also, it has the largest proportion of people who took a taxicab, motorcycle or other at 5% of the total and is ranked #1. In addition, it has the second smallest when sorted by people who drove alone of all the other places in the surrounding region in terms of people who work from home at 3% of the total.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Woodfield CDP has one of the largest proportions of people who leave for work between 12am to 5am at 6% of the total and is ranked #2. The only larger place being Columbia with 16%. Second, it has the smallest proportion of people who leave for work between 630 am to 7am at 3% of the total. Third, it has the largest proportion of people who leave for work between 10am to 11am 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. Woodfield CDP has the largest proportion of people with commute time of less than 5 minutesutes at 16% of the total and is ranked #1. Second, it has the second smallest in terms of people with commute time of less than 5 minutes of all the other places in the surrounding region as measured by people with commute time between 5 to 9 minutes at 11% of the total. Third, it has the largest proportion of people with commute time between 45 to 59 minutes at 6% of the total and is ranked #1.

The average commute time is shown in Figure 37. Woodfield CDP depicts it has a Avg Commute Time of 23 which is the second most average commute time of all the places in the greater Woodfield CDP region. Figure 38 shows the difference between male versus female commuting time. Woodfield CDP shows average commute time in minutes for men 21.0% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Woodfield CDP has one of the largest proportions of no vehicle available at 44% of the total and is ranked #2. The only larger place being St Andrews CDP with 44%. Second, it has the smallest proportion of 1 vehicle available at 30% of the total. Third, it has the largest proportion of 4 vehicles available at 3% of the total and is ranked #1. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Woodfield CDP depicts it has a Work in city or place where live of 6% which is the smallest when sorted by people who both work and live in the same city of all the other places in the greater region. The place with the highest people who both work and live in the same city in the area is Columbia which shows a people who both work and live in the same city of 68% ( very much bigger). Comparing people who both work and live in the same city to the United States average of 44%, Woodfield CDP is approximately an eigth the size. Also, in comparison with the state of South Carolina, people who both work and live in the same city of 34%, Woodfield CDP is approximately a sixth the size.

Woodfield CDP South Carolina 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. Woodfield CDP depicts it has the hightest median earnings of $64,071 for the earnings-computer, engineering, and science occupations group. Similarly, Figure 47 shows the median earnings of women for the job categories and Woodfield CDP shows it has the hightest median earnings of $55,179 for the earnings-healthcare practitioners and tech occupations grouping. The table in Figure 48, shows Woodfield CDP employment data in terms of job categories and salary data.

Woodfield CDP South Carolina 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. Woodfield CDP shows it has the hightest entrepreneurs of 45% for the self employed in production, transportation, and material moving 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. Woodfield CDP depicts it has the hightest entrepreneurs of 45% for the self employed in transportation, warehousing, and utilities group.

In Figure 51 the average annual self employment/entrepreneur income is shown. Woodfield CDP depicts it has a Self Employment Income of $7,599 which is the smallest when ranked by 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 Forest Acres which shows an average annual self employment income of $100,024 ( very much bigger). Comparing average annual self employment income to the United States average of $42,141, Woodfield CDP is approximately a fifth the size. Also, versus the state of South Carolina, average annual self employment income of $41,148, Woodfield CDP is approximately a fifth the size.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Woodfield CDP depicts total number of self-employed men 18.0% larger as the total number of self-employed women.