Alderton CDP Washington Income Charts

This section shows the Alderton CDP Washington economy using the most recent economic analysis from the 2020 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Alderton CDP shows it has a Median earnings of $62,647 which is the second most median earnings of all the places in the greater Alderton CDP region. The place with the highest median earnings per worker in the area is McMillin CDP which depicts a median earnings of $66,071 (only about 5.5% larger). Comparing median earnings per worker to the United States average of $49,041, Alderton CDP is 27.7% larger. Also, in contrast to the state of Washington, median earnings per worker of $56,651, Alderton CDP is 10.6% 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 $88,167 which is the third most median income of all other places in the greater Alderton CDP region. The place with the highest median household income in the area is Bonney Lake which shows a median income of $97,055 (10.1% larger). Comparing median household income to the United States average of $62,843, Alderton CDP is 40.3% larger. Also, compared to the state of Washington, median household income of $73,775, Alderton CDP is 19.5% larger.

The next section examines a variety of different income statistics for the Alderton CDP metropolitan area. In Figure 3 we see that it has the smallest proportion of earnings between $10,000 and $14,999 at 3.7% of the total. Second, it has the second smallest as measured by median earnings of less than $10,000 of all the other places in the surrounding region in order of earnings between $15,000 and $19,999 at 24.1% of the total. Third, it has the largest proportion of earnings between $75,000 and $99,999 at 20.4% 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 39.8 which is more than all other places in the metro 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 $30.27 which is the second most average hourly earnings of all the places in the greater Alderton CDP region. The place with the highest average hourly earnings in the area is McMillin CDP which depicts an average hourly earnings of $34.34 (13.4% larger). Comparing average hourly earnings to the United States average of $24.31, Alderton CDP is 24.5% larger. Also, in contrast to the state of Washington, average hourly earnings of $28.22, Alderton CDP is 7.2% larger.

Figure 7 examines the number of self employed people in the Alderton CDP metro area based on the number of people who reported any self employment income. Alderton CDP shows it has a Self Employed of 8.8% which is in the mid range of other places in the surrounding region. The place with the highest percentage of people self employed in the area is Sumner which shows a percentage self employed of 9.8% (12.3% 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 $113,319 of the total and is ranked #1. Second, it has in the mid range of other places in the metropolitan area when ranked by median income-25 to 44 years at $92,188 of the total. Third, it has the smallest proportion of median income-45 to 64 years at $39,907 of the total.

Figure 9 breaks down the source of income and Alderton CDP has the largest proportion of social security at 0.7% 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 26.4% which is the third most households with retirement income of all other places in the greater Alderton CDP region. The place with the highest households with retirement income in the area is McMillin CDP which depicts a households with retirement income of 33.4% (26.8% 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 metropolitan area at $92,326 of the total.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Alderton CDP depicts it has the hightest cost of 147.8 for the cost of housing aggregate.

Alderton CDP Washington 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 February 2010 to before the Wuhan virus Pandemic the monthly unemployment rate went from 10.7% to 4.4% in February 2020. This represents a decrease in the monthly unemployment rate of 58.9%. Since that time, the monthly unemployment rate has gone to 6.4% This represents an increase in the monthly unemployment rate of 45.5%. 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 COVID-19 Pandemic the monthly labor force participation went from 20,391 to 23,594 in February 2020. This represents an increase in the monthly labor force participation of 15.7%. Since that time, the monthly labor force participation has gone to 24,044 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 Alderton CDP depicts it has a Unemployment Rate of 2.8% which is in the mid range of other places in the local area. The place with the highest unemployment rate in the area is North Puyallup CDP which depicts a rate of 7.5% (approximately 2.6 times bigger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Alderton CDP shows it has a Labor Force Participation of 66.2% which is the third most of all other places in the surrounding region.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Alderton CDP shows 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 Alderton CDP area. Alderton CDP depicts it has a Single Earner Families of 33.5% which is the highest of all places in the greater Alderton CDP region. The percentage of families with no one working is depicted in Figure 22. Alderton CDP shows it has a Families with No One Working of 18.9% which is the third most families with no one working of all other places in the greater Alderton CDP region. The place with the highest families with no one working in the area is McMillin CDP which shows a families with no worker of 22.2% (17.0% larger).

Alderton CDP Washington Poverty Charts

The next section details economy analysis about poverty for residents of the Alderton 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. Alderton CDP shows it has a Total In Poverty of 128 which is the second smallest when sorted by total people earning less than the poverty level of all the other places in the greater region. The place with the highest total people earning less than the poverty level in the area is Puyallup which shows a total people earning less than the poverty level of 3,045 ( substantially bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Alderton CDP depicts it has a Percent of Population In Poverty of 4.5% which is the second smallest as measured by 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 Sumner which depicts a percent of people in poverty of 12.4% (approximately 2.8 times bigger).

In Figure 25 people who are in poverty are broken out by age group. Alderton CDP has the largest proportion of person in poverty under 12 years at 21% of the total and is ranked #1. Second, it has the second smallest as measured by person in poverty under 12 years of all the other places in the metro area when ranked by person in poverty 12 to 17 years at 3% of the total. Third, it has one of the largest proportions of person in poverty 18 to 34 years at 48% of the total and is ranked #2. The only larger place being North Puyallup CDP with 48%. Also, it has less than most other places in the local area in terms of person in poverty 35 to 54 years at 5% of the total.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Alderton CDP has one of the largest proportions of hawaiian poverty rate at 33% of the total and is ranked #2. The only larger place being Sumner with 39%. 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.) Alderton CDP depicts it has a Public Assistance Percent of 9.0% which is less than most other places in the local area. The place with the highest households with public assistance in the area is Puyallup which shows a households with public assistance of 12.4% (37.1% larger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Alderton CDP indicates it has a Gini Index of 37.6% which is in the middle range of other places in the local area.

Alderton CDP Washington Work Commute Charts

Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Alderton CDP or elsewhere.) Alderton CDP has the largest proportion of people who drove alone at 87% of the total and is ranked #1. Second, it has the smallest proportion of people who carpooled at 5% of the total.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Alderton CDP has the percentage of people who leave for work between 12am to 5am less than most other places in the surrounding region at 5% of the total. Second, it has the smallest proportion of people who leave for work between 5am to 530am at 6% of the total. Third, it has the largest proportion of people who leave for work between 11am to 12noon at 11% 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. Alderton CDP has the percentage of people with commute time of less than 5 minutesutes the second smallest when ranked by people with commute time of less than 5 minutes of all the other places in the greater region at 2% of the total. Second, it has the smallest proportion of people with commute time between 10 to 14 minutes at 6% of the total. Third, it has the largest proportion of people with commute time between 15 to 19 minutes at 17% of the total and is ranked #1. Also, it has the smallest proportion of people with commute time between 20 to 24 minutes at 2% of the total. In addition, it has the largest proportion of people with commute time between 25 to 29 minutes at 22% of the total and is ranked #1. Furthermore, it has the smallest proportion of people with commute time between 60 to 89 minutes at 4% of the total.

The average commute time is shown in Figure 37. Alderton CDP shows it has a Avg Commute Time of 35 which is the third most average commute time of all other places in the greater Alderton CDP region. Figure 38 shows the difference between male versus female commuting time. Alderton 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 Alderton CDP has the percentage of no vehicle available the second smallest when ranked by no vehicle available of all the other places in the metro area at 7% of the total. Second, it has the largest proportion of 1 vehicle available at 48% of the total and is ranked #1. Third, it has less than most other places in the greater region in order of 3 vehicles available at 9% of the total. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Alderton CDP shows it has a Work in city or place where live of 6% which is the second smallest when ranked by people who both work and live in the same city of all the other places in the surrounding region. The place with the highest people who both work and live in the same city in the area is Sumner which depicts a people who both work and live in the same city of 25% (approximately 4.1 times bigger). Comparing people who both work and live in the same city to the United States average of 42%, Alderton CDP is approximately a sixth the size. Also, compared with the state of Washington, people who both work and live in the same city of 37%, Alderton CDP is approximately a sixth the size.

Alderton CDP Washington 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. Alderton CDP depicts it has the hightest median earnings of $108,867 for the earnings-computer, engineering, and science occupations grouping. Similarly, Figure 47 shows the median earnings of women for the job categories and Alderton CDP depicts it has the hightest median earnings of $88,750 for the management, business, and financial occupations category. The table in Figure 48, shows Alderton CDP employment data in terms of job categories and salary data.

Alderton CDP Washington 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. Alderton CDP depicts it has the hightest entrepreneurs of 38% for the self employed in sales and office related 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. Alderton CDP depicts it has the hightest entrepreneurs of 29% for the self employed in retail trade grouping.

In Figure 51 the average annual self employment/entrepreneur income is shown. Alderton CDP depicts it has a Self Employment Income of $53,591 which is the second most average annual self employment income of all the places in the greater Alderton CDP region. The place with the highest average annual self employment income in the area is Bonney Lake which shows an average annual self employment income of $66,249 (23.6% larger). Comparing average annual self employment income to the United States average of $39,154, Alderton CDP is 36.9% larger. Also, benchmarked against the state of Washington, average annual self employment income of $39,075, Alderton CDP is 37.2% larger.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Alderton CDP depicts total number of self-employed men only about 2.6% larger as the total number of self-employed women.