Harrison CDP Tennessee Income Charts

This section shows the Harrison CDP Tennessee economy using the most recent economic analysis from the 2021 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Harrison CDP depicts it has a Median earnings of $50,369 which is in the mid range of other places in the local area. The place with the highest median earnings per worker in the area is Falling Water CDP which shows a median earnings of $56,858 (12.9% larger). Comparing median earnings per worker to the United States average of $50,459, Harrison CDP is about the same size. Also, versus the state of Tennessee, median earnings per worker of $43,502, Harrison CDP is 15.8% 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 $67,841 which is in the mid range of other places in the area. The place with the highest median household income in the area is Falling Water CDP which indicates a median income of $96,419 (42.1% larger). Comparing median household income to the United States average of $64,994, Harrison CDP is only about 4.4% larger. Also, compared with the state of Tennessee, median household income of $54,833, Harrison CDP is 23.7% 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 10.9% 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 41.7 which is at the top of all other places in the greater Harrison CDP region. 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 $23.23 which is less than most other places in the metro area. The place with the highest average hourly earnings in the area is Collegedale which shows an average hourly earnings of $29.70 (27.9% larger). Comparing average hourly earnings to the United States average of $25.01, Harrison CDP is about 7.7% smaller. Also, in comparison with the state of Tennessee, average hourly earnings of $21.34, Harrison CDP is 8.8% larger.

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 shows it has a Self Employed of 13.3% which is is the uppermost of the places in the greater Harrison CDP region.

Turning our attention to Figure 8, the median household income by age group, has the percentage of median income-under 25 years in the mid range of other places in the metro area at $70,918 of the total. Second, it has in the mid range of other places in the local area when sorted by median income-25 to 44 years at $79,525 of the total. Third, it has one of the largest proportions of median income-45 to 64 years at $48,505 of the total and is ranked #2. The only larger place being Lakesite with $66,719.

Figure 9 breaks down the source of income and Harrison CDP has the largest proportion of income from wages at 7.8% of the total and is ranked #1. Second, it has the largest proportion of social security at 0.9% 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 23.5% 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 29.2% (24.5% 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 in the middle range of other places in the area at $82,956 of the total. Second, it has the largest proportion of white family income at $68,750 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 depicts it has the hightest cost of 97.4 for the cost of grocery items group.

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 disasterous Coronavirus 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 3.6% This represents a decrease in the monthly unemployment rate of 18.2%. 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 87,653 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 2.1% which is the third most unemployment rate of all other places in the greater Harrison CDP region. The place with the highest unemployment rate in the area is Chattanooga which shows a rate of 3.2% (54.5% 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 67.1% which is more than all other places in the greater Harrison 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). Harrison CDP has the smallest proportion of unemployed at 32.9% of the total.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Harrison CDP depicts full time employees approximately 4.7 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 26.6% which is the third most families with a single earner of all other 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 shows a single earners rate of 28.0% (only about 5.0% larger). The percentage of families with no one working is depicted in Figure 22. Harrison CDP indicates it has a Families with No One Working of 15.5% which is the second smallest when ranked by families with no one working of all the 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 45.9% (approximately 3.0 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 shows it has a Total In Poverty of 402 which is in the mid range of other places in the metro 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 30,544 ( 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 4.7% which is the smallest in terms of percent of people earning less than the poverty level of all the other places in the local area. The place with the highest percent of people earning less than the poverty level in the area is Chattanooga which shows a percent of people in poverty of 17.6% (approximately 3.7 times bigger).

In Figure 25 people who are in poverty are broken out by age group. Harrison CDP has the smallest proportion of person in poverty 18 to 34 years at 5% of the total. Second, it has the largest proportion of person in poverty 35 to 54 years at 27% of the total and is ranked #1. Third, it has one of the largest proportions of person in poverty 55 to 64 years at 34% of the total and is ranked #2. The only larger place being Falling Water CDP with 41%.

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 local area at 7% of the total. Second, it has less than most other places in the metropolitan area in terms of hawaiian poverty rate at 2% 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 surrounding region at 8% of the total. Second, it has the largest proportion of unmarried female with children and in poverty at 33% 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. 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 6.0% 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 Chattanooga which shows a households with public assistance of 15.4% (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 depicts it has a Gini Index of 39.8% which is the second smallest when ranked by the gini index of all the other places in the metropolitan area.

Harrison CDP Tennessee Work Commute Charts

In Figure 35 is shown a frequency distribution of the time that people leave for work. Harrison CDP has the largest proportion of people who leave for work between 7am to 730am at 19% of the total and is ranked #1. Second, it has the smallest proportion of people who leave for work between 12noon to 4pm at 6% 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 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 local area at 5% of the total. Second, it has less than most other places in the local area in terms of people with commute time between 5 to 9 minutes at 7% of the total. Third, it has the largest proportion of people with commute time between 20 to 24 minutes at 17% 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 23 which is in the mid range of other places in the metro area. Figure 38 shows the difference between male versus female commuting time. Harrison CDP depicts average commute time in minutes for men 65.2% 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 one of the largest proportions of no vehicle available at 13% of the total and is ranked #3. Only #2 Chattanooga (28%), and #1 Collegedale (31%) are larger. Second, it has the largest proportion of 1 vehicle available at 49% of the total and is ranked #1. Third, it has in the center range of other places in the local area in terms of 2 vehicles available at 26% of the total. Also, it has the second smallest when sorted by no vehicle available of all the other places in the metro area when sorted 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.) Harrison CDP depicts it has a Work in city or place where live of 14% which is in the middle range of 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 Chattanooga which depicts a people who both work and live in the same city of 86% ( substantially bigger). Comparing people who both work and live in the same city to the United States average of 43%, 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 quarter 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 $83,750 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 shows it has the hightest median earnings of $64,688 for the management, business, and financial occupations classification. 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 classification.

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 45% for the self employed in professional, scientific, management, administrative services classification.

In Figure 51 the average annual self employment/entrepreneur income is shown. Harrison CDP shows it has a Self Employment Income of $50,041 which is the most of all places in the greater Harrison CDP region. Comparing average annual self employment income to the United States average of $40,101, Harrison CDP is 24.8% larger. Also, versus the state of Tennessee, average annual self employment income of $41,128, Harrison CDP is 21.7% larger.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Harrison CDP depicts total number of self-employed men approximately 3.4 times bigger as the total number of self-employed women.