Lost Creek CDP Texas Income Charts

This section shows the Lost Creek CDP Texas economy using the most recent economic analysis from the 2022 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Lost Creek CDP depicts it has a Median earnings of $112,292 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 Barton Creek CDP which shows a median earnings of $247,240 (approximately 2.2 times bigger). Comparing median earnings per worker to the United States average of $53,269, Lost Creek CDP is about twice as large. Also, compared to the state of Texas, median earnings per worker of $50,806, Lost Creek CDP is approximately 2.2 times bigger.

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 $144,028 which is in the middle range of other places in the local area. The place with the highest median household income in the area is Barton Creek CDP which depicts a median income of $235,451 (63.5% larger). Comparing median household income to the United States average of $69,021, Lost Creek CDP is about twice as large. Also, measured against the state of Texas, median household income of $67,321, Lost Creek CDP is about twice as large.

The next section examines a variety of different income statistics for the Lost Creek CDP metropolitan area. In Figure 3 we see that it it has the largest proportion of earnings less than $10,000 at 7.5% of the total and is ranked #1. Second, it has the smallest proportion of earnings between $50,000 and $74,999 at 2.7% 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 43.1 which is the third most average hours of all other places in the greater Lost Creek CDP region. The place with the highest average hours in the area is Bee Cave which shows an average hours of 44.4 (only about 3.0% 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 $50.10 which is in the mid range of other places in the local area. The place with the highest average hourly earnings in the area is Barton Creek CDP which shows an average hourly earnings of $107.57 (about twice as large). Comparing average hourly earnings to the United States average of $26.40, Lost Creek CDP is about twice as large. Also, compared to the state of Texas, average hourly earnings of $24.43, Lost Creek CDP is about twice as large.

Figure 7 examines the number of self employed people in the Lost Creek CDP metro area based on the number of people who reported any self employment income. Lost Creek CDP depicts it has a Self Employed of 26.6% which is the second most people self employed of all the places in the greater Lost Creek CDP region. The place with the highest percentage of people self employed in the area is Rollingwood which shows a percentage self employed of 28.4% (6.7% larger).

Turning our attention to Figure 8, the median household income by age group, has the smallest proportion of median income-under 25 years at $65,385 of the total. Second, it has the largest proportion of median income-25 to 44 years at $250,001 of the total and is ranked #1. Third, it has in the mid range of other places in the greater region in terms of median income-45 to 64 years at $108,068 of the total.

Figure 9 breaks down the source of income and Lost Creek CDP has the smallest proportion of self employment income at 7.4% of the total. Second, it has the smallest proportion of investment and retirement income at 1.8% of the total.

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 17.3% which is less than most other places in the greater region. The place with the highest households with retirement income in the area is Sunset Valley which depicts a households with retirement income of 41.3% (approximately 2.4 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 less than most other places in the area at $144,861 of the total. Second, it has the largest proportion of american indian family income at $250,001 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. Lost Creek CDP depicts it has the hightest cost of 354.5 for the cost of housing grouping.

Lost Creek CDP Texas 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 shows that from February 2010 to before the disasterous COVID Pandemic the monthly unemployment rate went from 6.4% to 2.4% in February 2020. This represents a decrease in the monthly unemployment rate of 62.5%. Since that time, the monthly unemployment rate has gone to 2.9% This represents an increase in the monthly unemployment rate of 20.8%. 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 February 2010 to before the disasterous Coronavirus Pandemic the monthly labor force participation went from 461,604 to 575,594 in March 2020. This represents an increase in the monthly labor force participation of 24.7%. Since that time, the monthly labor force participation has gone to 634,327 This represents an increase in the monthly labor force participation of 10.2%.

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 Lost Creek CDP shows it has a Unemployment Rate of 0.7% which is the smallest in terms of unemployment rate of all the other places in the metropolitan area. The place with the highest unemployment rate in the area is Austin which depicts a rate of 3.3% (approximately 4.9 times bigger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Lost Creek CDP depicts it has a Labor Force Participation of 57.1% which is in the mid range of other places in the local 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). Lost Creek CDP has the smallest proportion of employed at 0.7% of the total.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Lost Creek CDP depicts full time employees considerably 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 Lost Creek CDP area. Lost Creek CDP shows it has a Single Earner Families of 53.6% which is the most of all places in the greater region. The percentage of families with no one working is depicted in Figure 22. Lost Creek CDP shows it has a Families with No One Working of 6.9% which is the smallest as measured by families with no one working of all the other places in the metro area. The place with the highest families with no one working in the area is Sunset Valley which shows a families with no worker of 21.4% (approximately 3.1 times bigger).

Lost Creek CDP Texas Poverty Charts

The next section details economy analysis about poverty for residents of the Lost Creek 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. Lost Creek CDP depicts it has a Total In Poverty of 140 which is in the intermediate range of other places in the surrounding region. The place with the highest total people earning less than the poverty level in the area is Austin which depicts a total people earning less than the poverty level of 115,570 ( markedly bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Lost Creek CDP depicts it has a Percent of Population In Poverty of 12.1% which is the second most percent of people earning less than the poverty level of all the places in the greater Lost Creek CDP region. The place with the highest percent of people earning less than the poverty level in the area is Austin which shows a percent of people in poverty of 12.5% (only about 3.5% larger).

In Figure 25 people who are in poverty are broken out by age group. Lost Creek CDP has one of the largest proportions of person in poverty under 12 years at 21% of the total and is ranked #2. The only larger place being West Lake Hills with 34%. Second, it has less than most other places in the local area as measured by person in poverty 18 to 34 years at 13% of the total. Third, it has one of the largest proportions of person in poverty 35 to 54 years at 41% of the total and is ranked #2. The only larger place being Barton Creek CDP with 45%.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Lost Creek CDP has the largest proportion of hawaiian poverty rate at 30% 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. Lost Creek CDP has the largest proportion of has some college and in poverty at 14% of the total and is ranked #1.

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Lost Creek CDP depicts it has a Gini Index of 56.1% which is the largest of all places in the greater Lost Creek CDP region.

Lost Creek CDP Texas Work Commute Charts

Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Lost Creek CDP or elsewhere.) Lost Creek CDP has the largest proportion of people who carpooled at 9% of the total and is ranked #1. Second, it has the largest proportion of people who walked at 4% of the total and is ranked #1. Third, it has the second smallest in terms of people who drove alone of all the other places in the metropolitan area when sorted by people who work from home at 19% of the total.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Lost Creek CDP has the largest proportion of people who leave for work between 7am to 730am at 22% of the total and is ranked #1. Second, it has the largest proportion of people who leave for work between 10am to 11am at 6% 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. Lost Creek 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 4% of the total. Second, it has the largest proportion of people with commute time between 5 to 9 minutes at 25% of the total and is ranked #1. Third, it has the smallest proportion of people with commute time between 10 to 14 minutes at 10% of the total.

The average commute time is shown in Figure 37. Lost Creek CDP depicts it has a Avg Commute Time of 21 which is the second smallest as measured by average commute time of all the other places in the surrounding region. Figure 38 shows the difference between male versus female commuting time. Lost Creek CDP depicts average commute time in minutes for men about twice as large as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Lost Creek CDP has the percentage of no vehicle available in the mid range of other places in the greater region at 9% of the total. Second, it has the largest proportion of 1 vehicle available at 60% of the total and is ranked #1. Third, it has one of the largest proportions of 3 vehicles available at 12% of the total and is ranked #2. The only larger place being Sunset Valley with 17%. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Lost Creek CDP shows it has a Work in city or place where live of 27% which is the smallest in order of 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 Austin which depicts a people who both work and live in the same city of 87% (approximately 3.2 times bigger). Comparing people who both work and live in the same city to the United States average of 44%, Lost Creek CDP is approximately three-fourths the size. Also, versus the state of Texas, people who both work and live in the same city of 54%, Lost Creek CDP is approximately half the size.

Lost Creek CDP Texas 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. Lost Creek CDP depicts it has the hightest median earnings of $177,083 for the management, business, and financial occupations aggregate. Similarly, Figure 47 shows the median earnings of women for the job categories and Lost Creek CDP depicts it has the hightest median earnings of $133,162 for the management, business, and financial occupations aggregate. The table in Figure 48, shows Lost Creek CDP employment data in terms of job categories and salary data.

Lost Creek CDP Texas 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. Lost Creek CDP shows it has the hightest entrepreneurs of 100% for the self employed management, business, science, and arts 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. Lost Creek CDP shows it has the hightest entrepreneurs of 100% for the self employed in professional, scientific, management, administrative services grouping.

In Figure 51 the average annual self employment/entrepreneur income is shown. Lost Creek CDP depicts it has a Self Employment Income of $79,454 which is in the mid point range of other places in the local area. The place with the highest average annual self employment income in the area is Barton Creek CDP which depicts an average annual self employment income of $282,144 (approximately 3.6 times bigger). Comparing average annual self employment income to the United States average of $42,141, Lost Creek CDP is about twice as large. Also, in contrast to the state of Texas, average annual self employment income of $43,283, Lost Creek CDP is about twice as large.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Lost Creek CDP shows total number of self-employed men about twice as large as the total number of self-employed women.