Hanksville CCD Utah Income Charts

This section shows the Hanksville CCD Utah economy using the most recent economic analysis from the 2019 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Hanksville CCD shows it has a median earnings per worker of $36,250 which is less than most other places in the metro area. The place with the highest median earnings per worker in the area is Bicknell which shows a median earnings of $56,000 (54.5% larger). Comparing median earnings per worker to the United States average of $47,712, Hanksville CCD is approximately three-fourths the size. Also, measured against the state of Utah, median earnings per worker of $46,810, Hanksville CCD 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 $39,688 which is in the mid range of other places in the greater region. The place with the highest median household income in the area is Lyman which depicts a median income of $61,250 (54.3% larger). Comparing median household income to the United States average of $60,293, Hanksville CCD is approximately three-fourths the size. Also, benchmarked against the state of Utah, median household income of $68,374, Hanksville CCD is approximately half the size.

The next section examines a variety of different income statistics for the Hanksville CCD metropolitan area. In Figure 3 we see that it it has one of the largest proportions of earnings less than $10,000 at 33.0% of the total and is ranked #2. The only larger place being Boulder with 38.3%. Second, it has the smallest proportion of earnings between $10,000 and $14,999 at 6.7% of the total. Third, it has one of the largest proportions of earnings between $15,000 and $19,999 at 12.9% of the total and is ranked #2. The only larger place being Lyman with 13.3%.

Figure 5 has the Average number of hours worked in a typical work week during the year, it has an average hours of 44.2 which is the second most of all the places in the surrounding region. The place with the highest average hours in the area is Hanksville which depicts an average hours of 45.7 (only about 3.4% larger). Dividing median annual worker earnings by the average number of hours worked in a year in Figure 6 shows that it has an average hourly earnings of $15.77 which is less than most other places in the local area. The place with the highest average hourly earnings in the area is Bicknell which shows an average hourly earnings of $24.81 (57.3% larger). Comparing average hourly earnings to the United States average of $23.71, Hanksville CCD is approximately three-fourths the size. Also, measured against the state of Utah, average hourly earnings of $24.26, Hanksville CCD is approximately three-fourths the size.

Figure 7 examines the number of self employed people in the Hanksville CCD metro area based on the number of people who reported any self employment income. Hanksville CCD depicts it has a percentage of people self employed of 14.6% which is in the mid point range of other places in the area. The place with the highest percentage of people self employed in the area is Teasdale CDP which shows a percentage self employed of 34.7% (approximately 2.4 times bigger).

Turning our attention to Figure 8, the median household income by age group, has the percentage of median income-25 to 44 years less than most other places in the metro area at $38,942 of the total. Second, it has one of the largest proportions of median income-45 to 64 years at $61,563 of the total and is ranked #3. Only #2 Bicknell ($69,250), and #1 Lyman ($98,000) are larger. Third, it has less than most other places in the metro area when ranked by median income-65 years and over at $25,417 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 households with retirement income of 20.3% which is the second most households with retirement income of all the places in the greater Hanksville CCD region. The place with the highest households with retirement income in the area is Bicknell which shows a households with retirement income of 26.0% (28.1% 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 $65,500 of the total and is ranked #3. Only #2 Boulder ($72,708), and #1 Lyman ($74,531) are larger. Second, it has one of the largest proportions of white family income at $65,500 of the total and is ranked #3. Only #2 Boulder ($72,708), and #1 Lyman ($74,844) are larger.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Hanksville CCD indicates it has the hightest cost of 103.8 for the cost of healthcare aggregate.

Hanksville CCD 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 Wuhan Coronavirus Pandemic the monthly unemployment rate went from 9.4% to 2.0% in December 2019. This represents a decrease in the monthly unemployment rate of 78.7%. Since that time, the monthly unemployment rate has gone to 2.0% 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. It shows that from January 2010 to before the disasterous Coronavirus Pandemic the monthly labor force participation went from 14,469 to 18,621 in November 2019. This represents an increase in the monthly labor force participation of 28.7%. Since that time, the monthly labor force participation has gone to 18,621 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 Hanksville CCD shows it has an unemployment rate of 3.1% which is the second most unemployment rate of all the places in the greater Hanksville CCD region. The place with the highest unemployment rate in the area is Boulder which shows a rate of 4.8% (52.4% larger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Hanksville CCD depicts it has a participation rate of 72.7% which is the highest of all places in the greater Hanksville CCD 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). Hanksville CCD has one of the largest proportions of employed at 69.5% of the total and is ranked #2. The only larger place being Hanksville with 72.1%. Second, it has the smallest proportion of not in labor force at 27.3% of the total.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Hanksville CCD 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 Hanksville CCD area. Hanksville CCD depicts it has a families with a single earner of 43.3% which is the second most families with a single earner of all the places in the greater Hanksville CCD region. The place with the highest families with a single earner in the area is Teasdale CDP which shows a single earners rate of 44.2% ( only slightly larger). The percentage of families with no one working is depicted in Figure 22. Hanksville CCD depicts it has a families with no one working of 1.7% which is the smallest in order of families with no one working of all the other places in the surrounding region. The place with the highest families with no one working in the area is Torrey which shows a families with no worker of 32.9% ( markedly bigger).

Hanksville CCD Utah Poverty Charts

The next section details economy analysis about poverty for residents of the Hanksville CCD 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. Hanksville CCD depicts it has a total people earning less than the poverty level of 24 which is in the middle range of other places in the greater region. The place with the highest total people earning less than the poverty level in the area is Torrey which shows a total people earning less than the poverty level of 39 (62.5% larger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Hanksville CCD depicts it has a percent of people earning less than the poverty level of 8.1% which is in the mid point 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 Boulder which depicts a percent of people in poverty of 18.0% (approximately 2.2 times bigger).

In Figure 25 people who are in poverty are broken out by age group. Hanksville CCD has the percentage of person in poverty 18 to 34 years less than most other places in the surrounding region at 4% of the total. Second, it has one of the largest proportions of person in poverty 65+ years at 29% of the total and is ranked #3. Only #2 Lyman (29%), and #1 Torrey (49%) are larger.

Figure 27 shows key poverty statistics for groups based on marriage status. Hanksville CCD has the largest proportion of unmarried with children and in poverty at 100% of the total and is ranked #1. Second, it has the largest proportion of unmarried female with children and in poverty 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. Hanksville CCD has one of the largest proportions of has some college and in poverty at 19% of the total and is ranked #2. The only larger place being Torrey with 32%. Figure 29 looks at only those people who make less than the poverty level of income and breaks down there employment status. Hanksville CCD has one of the largest proportions of people who are in poverty and employed at 37.5% of the total and is ranked #2. The only larger place being Hanksville with 52.9%. Second, it has the second smallest when sorted by people who are in poverty and employed of all the other places in the metro area as measured by people who are in poverty and not in labor force at 4.2% 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.) Hanksville CCD depicts it has a households with public assistance of 25.2% which is ranked #1 of all places in the greater region.

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Hanksville CCD shows it has a the gini index of 34.0% which is less than most other places in the local area.

Hanksville CCD 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 Hanksville CCD 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.) Hanksville CCD has the percentage of people who drive a car or motorcycle to work the second smallest in order of people who drive a car or motorcycle to work of all the other places in the greater region at 62% of the total. Second, it has the largest proportion of people who bicycle or walk to work at 22% 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 Hanksville CCD or elsewhere.) Hanksville CCD has the percentage of people who drove alone the second smallest when ranked by people who drove alone of all the other places in the metropolitan area at 43% of the total. Second, it has the largest proportion of people who walked at 22% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Hanksville CCD has one of the largest proportions of people who leave for work between 12am to 5am at 4% of the total and is ranked #2. The only larger place being Bicknell with 6%. Second, it has the largest proportion of people who leave for work between 9am to 10am at 20% of the total and is ranked #1. Third, it has the smallest proportion of people who leave for work between 12noon to 4pm 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. Hanksville CCD has the largest proportion of people with commute time of less than 5 minutesutes at 55% of the total and is ranked #1. Second, it has less than most other places in the surrounding region as measured by people with commute time between 5 to 9 minutes at 18% of the total. Third, it has the second smallest when ranked 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 10 to 14 minutes at 1% of the total. Also, it has one of the largest proportions of people with commute time between 60 to 89 minutes at 11% of the total and is ranked #2. The only larger place being Hanksville with 13%. In addition, it has one of the largest proportions of people with commute time of 90 or more minutesutes at 5% of the total and is ranked #2. The only larger place being Hanksville with 6%.

The average commute time is shown in Figure 37. Hanksville CCD depicts it has an average commute time of 19 which is the third most average commute time of all other places in the greater Hanksville CCD region. Figure 38 shows the difference between male versus female commuting time. Hanksville CCD shows average commute time in minutes for men very much bigger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Hanksville CCD has one of the largest proportions of no vehicle available at 7% of the total and is ranked #2. The only larger place being Hanksville with 9%. Second, it has one of the largest proportions of 1 vehicle available at 30% of the total and is ranked #2. The only larger place being Hanksville with 36%. Third, it has less than most other places in the greater region as measured by 4 vehicles available at 6% of the total. Also, it has the second smallest in terms of no vehicle available of all the other places in the greater region when ranked by 5 or more vehicles available at 2% of the total. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Hanksville CCD shows it has a people who both work and live in the same city of 74% which is the second most people who both work and live in the same city of all the places in the greater Hanksville CCD region. The place with the highest people who both work and live in the same city in the area is Boulder which shows a people who both work and live in the same city of 93% (25.8% larger). Comparing people who both work and live in the same city to the United States average of 42%, Hanksville CCD is 76.9% larger. Also, compared with the state of Utah, people who both work and live in the same city of 31%, Hanksville CCD is approximately 2.4 times bigger.

Hanksville CCD 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. Hanksville CCD shows it has the hightest median earnings of $38,942 for the earnings-natural resources, construction, maintenance occupations group. Similarly, Figure 47 shows the median earnings of women for the job categories and Hanksville CCD shows it has the hightest median earnings of $15,500 for the management, business, and financial occupations grouping. The table in Figure 48, shows Hanksville CCD employment data in terms of job categories and salary data.

Hanksville CCD Utah Self Employment Charts

In Figure 51 the average annual self employment/entrepreneur income is shown. Hanksville CCD depicts it has an average annual self employment income of $17,378 which is in the mid range of other places in the surrounding region. The place with the highest average annual self employment income in the area is Bicknell which shows an average annual self employment income of $43,000 (approximately 2.5 times bigger). Comparing average annual self employment income to the United States average of $37,819, Hanksville CCD is approximately half the size. Also, in contrast to the state of Utah, average annual self employment income of $31,010, Hanksville CCD is approximately half the size.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Hanksville CCD shows total number of self-employed men markedly bigger as the total number of self-employed women.