Harrison CDP Tennessee Income Charts

This section shows the Harrison CDP Tennessee economy using the most recent economic analysis from the 2020 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Harrison CDP shows it has a Median earnings of $40,753 which is the second smallest in order of median earnings per worker of all the other places in the metro area. The place with the highest median earnings per worker in the area is Falling Water CDP which depicts a median earnings of $75,556 (about twice as large). Comparing median earnings per worker to the United States average of $49,041, Harrison CDP is about 20.3% smaller. Also, compared to the state of Tennessee, median earnings per worker of $42,449, Harrison CDP is only about 4.2% 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 $63,659 which is in the center range of other places in the metro area. The place with the highest median household income in the area is Falling Water CDP which depicts a median income of $71,458 (12.3% larger). Comparing median household income to the United States average of $62,843, Harrison CDP is only slightly larger. Also, measured against the state of Tennessee, median household income of $53,320, Harrison CDP is 19.4% larger.

The next section examines a variety of different income statistics for the Harrison CDP metropolitan area. In Figure 3 we see that it it has the largest proportion of earnings less than $10,000 at 8.5% of the total and is ranked #1. Second, it has the largest proportion of earnings between $15,000 and $19,999 at 39.5% of the total and is ranked #1. Third, it has the smallest proportion of earnings between $75,000 and $99,999 at 5.1% 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 39.8 which is is the uppermost of the places in the local area. 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 $19.69 which is the second smallest when sorted by average hourly earnings of all the other places in the greater region. The place with the highest average hourly earnings in the area is Falling Water CDP which shows an average hourly earnings of $37.84 (about twice as large). Comparing average hourly earnings to the United States average of $24.31, Harrison CDP is about 23.4% smaller. Also, measured against the state of Tennessee, average hourly earnings of $20.82, Harrison CDP is about 5.8% smaller.

Figure 7 examines the number of self employed people in the Harrison CDP metro area based on the number of people who reported any self employment income. Harrison CDP depicts it has a Self Employed of 12.0% which is the third most people self employed of all other places in the greater Harrison CDP region. The place with the highest percentage of people self employed in the area is Falling Water CDP which shows a percentage self employed of 14.1% (17.6% larger).

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 $64,898 of the total and is ranked #3. Only #2 Lakesite ($69,375), and #1 Middle Valley CDP ($83,832) are larger. Second, it has one of the largest proportions of median income-25 to 44 years at $87,212 of the total and is ranked #3. Only #2 Lakesite ($100,227), and #1 Falling Water CDP ($141,944) are larger. Third, it has one of the largest proportions of median income-45 to 64 years at $46,091 of the total and is ranked #2. The only larger place being Lakesite with $50,000.

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 25.9% which is the second most households with retirement income of all the places in the greater Harrison CDP region. The place with the highest households with retirement income in the area is Lakesite which shows a households with retirement income of 32.3% (24.8% larger).

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 less than most other places in the metro area at $76,759 of the total. Second, it has the largest proportion of white family income at $83,750 of the total and is ranked #1.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Harrison CDP shows it has the hightest cost of 97.4 for the cost of grocery items grouping.

Harrison CDP Tennessee 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 January 2010 to before the Wuhan virus Pandemic the monthly unemployment rate went from 10.3% to 4.4% in March 2020. This represents a decrease in the monthly unemployment rate of 57.3%. Since that time, the monthly unemployment rate has gone to 5.5% This represents an increase in the monthly unemployment rate of 25.0%. 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 January 2010 to before the disasterous COVID-19 Pandemic the monthly labor force participation went from 79,959 to 87,148 in March 2020. This represents an increase in the monthly labor force participation of 9.0%. Since that time, the monthly labor force participation has gone to 88,749 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 Harrison CDP shows it has a Unemployment Rate of 2.3% which is in the center range of other places in the local area. The place with the highest unemployment rate in the area is Falling Water CDP which depicts a rate of 4.1% (77.6% larger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Harrison CDP depicts it has a Labor Force Participation of 65.4% which is the second most participation rates of all the places in the greater Harrison CDP region.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Harrison 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 Harrison CDP area. Harrison CDP shows it has a Single Earner Families of 29.7% which is the second most families with a single earner of all the places in the greater Harrison CDP region. The place with the highest families with a single earner in the area is Falling Water CDP which depicts a single earners rate of 37.4% (25.9% larger). The percentage of families with no one working is depicted in Figure 22. Harrison CDP depicts it has a Families with No One Working of 19.7% which is less than most other places in the local area. The place with the highest families with no one working in the area is Ooltewah CDP which depicts a families with no worker of 53.3% (approximately 2.7 times bigger).

Harrison CDP Tennessee Poverty Charts

The next section details economy analysis about poverty for residents of the Harrison 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. Harrison CDP depicts it has a Total In Poverty of 362 which is in the mid point range of other places in the local area. The place with the highest total people earning less than the poverty level in the area is Chattanooga which shows a total people earning less than the poverty level of 30,337 ( 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. Harrison CDP shows it has a Percent of Population In Poverty of 4.5% which is the smallest as measured by percent of people earning less than the poverty level of all the other places in the greater region. The place with the highest percent of people earning less than the poverty level in the area is Chattanooga which depicts a percent of people in poverty of 17.6% (approximately 4.0 times bigger).

In Figure 25 people who are in poverty are broken out by age group. Harrison CDP has the percentage of person in poverty under 12 years the second smallest when sorted by person in poverty under 12 years of all the other places in the local area at 0% of the total. Second, it has the smallest proportion of person in poverty 18 to 34 years at 6% of the total. Third, it has the largest proportion of person in poverty 35 to 54 years at 22% of the total and is ranked #1. Also, it has one of the largest proportions of person in poverty 55 to 64 years at 31% of the total and is ranked #2. The only larger place being Falling Water CDP with 51%.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Harrison CDP has the percentage of white poverty rate less than most other places in the greater region at 6% of the total. Second, it has less than most other places in the local area when sorted by hawaiian poverty rate at 3% of the total.

Figure 27 shows key poverty statistics for groups based on marriage status. Harrison CDP has the percentage of married with children and in poverty less than most other places in the greater region at 11% of the total. Second, it has the largest proportion of unmarried female with children and in poverty at 37% 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. Harrison CDP has the smallest proportion of highschool graduate 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. Harrison CDP has the smallest proportion of people who are in poverty and unemployed at 14.4% 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.) Harrison CDP depicts it has a Public Assistance Percent of 6.4% which is the second smallest in terms of households with public assistance of all the other places in the local area. The place with the highest households with public assistance in the area is Chattanooga which shows a households with public assistance of 16.3% (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). Harrison CDP shows it has a Gini Index of 41.0% which is the second smallest in order of the gini index of all the other places in the metro area.

Harrison CDP Tennessee 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 Harrison 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.) Harrison CDP has the largest proportion of people who bicycle or walk to work at 9% 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 Harrison CDP or elsewhere.) Harrison CDP has the percentage of people who carpooled the second smallest as measured by people who drove alone of all the other places in the greater region at 7% of the total. Second, it has the largest proportion of people who work from home at 9% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Harrison CDP has the percentage of people who leave for work between 12am to 5am the second smallest when sorted by people who leave for work between 12am to 5am of all the other places in the local area at 1% of the total.

The next graph in Figure 36 shows the average number of minutes that it takes for people to commute to work. Harrison CDP has the smallest proportion of people with commute time of less than 5 minutesutes at 3% of the total. Second, it has one of the largest proportions of people with commute time between 10 to 14 minutes at 20% of the total and is ranked #2. The only larger place being Chattanooga with 24%. Third, it has the largest proportion of people with commute time between 35 to 39 minutes at 4% of the total and is ranked #1. Also, it has the largest proportion of people with commute time between 60 to 89 minutes at 3% of the total and is ranked #1.

The average commute time is shown in Figure 37. Harrison CDP depicts it has a Avg Commute Time of 25 which is the second most average commute time of all the places in the greater Harrison CDP region. Figure 38 shows the difference between male versus female commuting time. Harrison CDP depicts average commute time in minutes for men 64.6% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Harrison CDP has the percentage of no vehicle available in the middle range of other places in the metro area at 10% of the total. Second, it has the largest proportion of 1 vehicle available at 47% of the total and is ranked #1. Third, it has in the middle range of other places in the greater region when ranked by 4 vehicles available at 3% of the total. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Harrison CDP shows it has a Work in city or place where live of 12% which is in the mid range of 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 Chattanooga which shows a people who both work and live in the same city of 86% ( considerably bigger). Comparing people who both work and live in the same city to the United States average of 42%, Harrison CDP is approximately a third the size. Also, benchmarked against the state of Tennessee, people who both work and live in the same city of 57%, Harrison CDP is approximately a fifth the size.

Harrison CDP Tennessee 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. Harrison CDP depicts it has the hightest median earnings of $93,415 for the earnings-computer, engineering, and science occupations group. Similarly, Figure 47 shows the median earnings of women for the job categories and Harrison CDP depicts it has the hightest median earnings of $62,669 for the management, business, and financial occupations grouping. The table in Figure 48, shows Harrison CDP employment data in terms of job categories and salary data.

Harrison CDP Tennessee 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. Harrison CDP shows it has the hightest entrepreneurs of 100% for the self employed management, business, science, and arts businesses category.

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. Harrison CDP shows it has the hightest entrepreneurs of 31% for the self employed in arts, entertainment, recreation, accommodation and food services group.

In Figure 51 the average annual self employment/entrepreneur income is shown. Harrison CDP indicates it has a Self Employment Income of $45,394 which is the second most average annual self employment income of all the places in the greater Harrison CDP region. The place with the highest average annual self employment income in the area is Collegedale which shows an average annual self employment income of $46,362 ( only slightly larger). Comparing average annual self employment income to the United States average of $39,154, Harrison CDP is 15.9% larger. Also, measured against the state of Tennessee, average annual self employment income of $39,208, Harrison CDP is 15.8% larger.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Harrison CDP shows total number of self-employed men approximately 2.3 times bigger as the total number of self-employed women.