Eden CDP Utah Income Charts

This section shows the Eden CDP Utah economy using the most recent economic analysis from the 2020 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Eden CDP shows it has a Median earnings of $53,889 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 Wolf Creek CDP which shows a median earnings of $62,830 (16.6% larger). Comparing median earnings per worker to the United States average of $49,041, Eden CDP is 9.9% larger. Also, in comparison with the state of Utah, median earnings per worker of $48,166, Eden CDP is 11.9% 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 $118,558 which is more than all other places in the greater Eden CDP region. Comparing median household income to the United States average of $62,843, Eden CDP is about twice as large. Also, in comparison with the state of Utah, median household income of $71,621, Eden CDP is 65.5% larger.

The next section examines a variety of different income statistics for the Eden CDP metropolitan area. In Figure 3 we see that it it has the largest proportion of earnings less than $10,000 at 14.3% of the total and is ranked #1. Second, it has the smallest proportion of earnings between $15,000 and $19,999 at 5.7% of the total. Third, it has the smallest proportion of earnings between $50,000 and $74,999 at 2.0% of the total. Also, it has one of the largest proportions of earnings between $75,000 and $99,999 at 20.4% of the total and is ranked #2. The only larger place being Wolf Creek CDP with 20.5%.

Figure 5 has the Average number of hours worked in a typical work week during the year, it has a Avg Hours Worked of 36.3 which is less than most other places in the local area. The place with the highest average hours in the area is Liberty CDP which depicts an average hours of 40.3 (11.0% 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 $28.55 which is in the middle range of other places in the local area. The place with the highest average hourly earnings in the area is Wolf Creek CDP which shows an average hourly earnings of $32.39 (13.5% larger). Comparing average hourly earnings to the United States average of $24.31, Eden CDP is 17.5% larger. Also, compared to the state of Utah, average hourly earnings of $24.90, Eden CDP is 14.7% larger.

Figure 7 examines the number of self employed people in the Eden CDP metro area based on the number of people who reported any self employment income. Eden CDP depicts it has a Self Employed of 19.9% which is the second most people self employed of all the places in the greater Eden CDP region. The place with the highest percentage of people self employed in the area is Liberty CDP which depicts a percentage self employed of 35.8% (79.9% larger).

Turning our attention to Figure 8, the median household income by age group, it has the largest proportion of median income-under 25 years at $118,221 of the total and is ranked #1. Second, it has one of the largest proportions of median income-25 to 44 years at $126,094 of the total and is ranked #2. The only larger place being Wolf Creek CDP with $137,578.

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 31.6% which is the second most households with retirement income of all the places in the greater Eden CDP region. The place with the highest households with retirement income in the area is Huntsville which shows a households with retirement income of 36.0% (13.8% 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 $126,250 of the total and is ranked #2. The only larger place being Wolf Creek CDP with $137,054.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Eden CDP shows it has the hightest cost of 221.1 for the cost of housing category.

Eden CDP Utah 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 Coronavirus Pandemic the monthly unemployment rate went from 10.7% to 3.9% in February 2020. This represents a decrease in the monthly unemployment rate of 63.6%. Since that time, the monthly unemployment rate has gone to 4.4% This represents an increase in the monthly unemployment rate of 12.8%. 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 shows that from February 2010 to before the disasterous Coronavirus Pandemic the monthly labor force participation went from 38,899 to 42,508 in February 2020. This represents an increase in the monthly labor force participation of 9.3%. Since that time, the monthly labor force participation has gone to 43,312 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 Eden CDP depicts it has a Unemployment Rate of 3.0% which is the third most unemployment rate of all other places in the greater Eden CDP region. The place with the highest unemployment rate in the area is Huntsville which shows a rate of 5.1% (73.6% larger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Eden CDP depicts it has a Labor Force Participation of 64.1% which is the second smallest when sorted by participation rate of all the other places in the surrounding region.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Eden CDP shows full time employees 39.9% larger 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 Eden CDP area. Eden CDP shows it has a Single Earner Families of 24.3% which is the smallest when ranked by families with a single earner of all the other places in the area. The place with the highest families with a single earner in the area is Huntsville which shows a single earners rate of 44.0% (about twice as large). The percentage of families with no one working is depicted in Figure 22. Eden CDP shows it has a Families with No One Working of 5.2% 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 Huntsville which depicts a families with no worker of 24.5% (approximately 4.7 times bigger).

Eden CDP Utah Poverty Charts

The next section details economy analysis about poverty for residents of the Eden 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. Eden CDP depicts it has a Total In Poverty of 46 which is the second smallest in order of total people earning less than the poverty level of all the other places in the surrounding region. The place with the highest total people earning less than the poverty level in the area is Ogden which depicts a total people earning less than the poverty level of 14,568 ( considerably bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Eden CDP depicts it has a Percent of Population In Poverty of 5.8% which is less than most other places in the metro area. The place with the highest percent of people earning less than the poverty level in the area is Ogden which shows a percent of people in poverty of 17.2% (approximately 3.0 times bigger).

In Figure 25 people who are in poverty are broken out by age group. Eden CDP has the largest proportion of person in poverty 35 to 54 years at 100% 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. Eden CDP has the largest proportion of has some college and in poverty at 18% 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. Eden CDP has the largest proportion of people who are in poverty and unemployed at 100.0% 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). Eden CDP depicts it has a Gini Index of 36.7% which is in the mid range of other places in the metro area.

Eden CDP Utah 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 Eden 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.) Eden CDP has the largest proportion of people who bicycle or walk to work at 23% 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 Eden CDP or elsewhere.) Eden CDP has the smallest proportion of people who drove alone at 49% of the total. Second, it has the largest proportion of people who carpooled at 27% of the total and is ranked #1. Third, it has the largest proportion of people who work from home at 23% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Eden CDP has the smallest proportion of people who leave for work between 6am to 630am at 3% of the total. Second, it has the smallest proportion of people who leave for work between 7am to 730am at 9% of the total. Third, it has the largest proportion of people who leave for work between 830 am to 9am at 14% of the total and is ranked #1. Also, it has the largest proportion of people who leave for work between 10am to 11am at 3% 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. Eden CDP has the percentage of people with commute time of less than 5 minutesutes less than most other places in the local area at 4% of the total. Second, it has the smallest proportion of people with commute time between 5 to 9 minutes at 5% of the total. Third, it has one of the largest proportions of people with commute time between 10 to 14 minutes at 15% of the total and is ranked #2. The only larger place being Ogden with 22%. Also, it has the second smallest when sorted by people with commute time of less than 5 minutes of all the other places in the local area in terms of people with commute time between 15 to 19 minutes at 3% of the total. In addition, it has the largest proportion of people with commute time between 20 to 24 minutes at 15% of the total and is ranked #1. Furthermore, it has one of the largest proportions of people with commute time between 25 to 29 minutes at 33% of the total and is ranked #2. The only larger place being Wolf Creek CDP with 34%. Next it has the largest proportion of people with commute time between 60 to 89 minutes at 10% of the total and is ranked #1.

The average commute time is shown in Figure 37. Eden CDP shows it has a Avg Commute Time of 29 which is in the center range of other places in the metro area. Figure 38 shows the difference between male versus female commuting time. Eden 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 Eden CDP has the smallest proportion of 1 vehicle available at 8% of the total. Second, it has the smallest proportion of 2 vehicles available at 14% of the total. Third, it has the largest proportion of 3 vehicles available at 53% of the total and is ranked #1. Also, it has the largest proportion of 4 vehicles available at 25% 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.) Eden CDP shows it has a Work in city or place where live of 36% which is the second most of all the places in the local area. The place with the highest people who both work and live in the same city in the area is Ogden which depicts a people who both work and live in the same city of 51% (40.4% larger). Comparing people who both work and live in the same city to the United States average of 42%, Eden CDP is about 15.2% smaller. Also, measured against the state of Utah, people who both work and live in the same city of 32%, Eden CDP is 14.3% larger.

Eden CDP Utah 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. Eden CDP shows it has the hightest median earnings of $110,625 for the earnings-natural resources, construction, maintenance occupations grouping. The table in Figure 48, shows Eden CDP employment data in terms of job categories and salary data.

Eden CDP Utah 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. Eden CDP shows it has the hightest entrepreneurs of 90% for the self employed management, business, science, and arts 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. Eden CDP depicts it has the hightest entrepreneurs of 90% for the self employed in construction grouping.

In Figure 51 the average annual self employment/entrepreneur income is shown. Eden CDP shows it has a Self Employment Income of $4,490 which is the second 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 Liberty CDP which shows an average annual self employment income of $62,191 ( very much bigger). Comparing average annual self employment income to the United States average of $39,154, Eden CDP is approximately a tenth the size. Also, compared to the state of Utah, average annual self employment income of $33,077, Eden CDP is approximately an eigth the size.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Eden CDP depicts total number of self-employed men 76.9% larger as the total number of self-employed women.