Altoona CDP Washington Income Charts

This section shows the Altoona CDP Washington economy using the most recent economic analysis from the 2019 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Altoona CDP indicates it has a median earnings per worker of $63,155 which is the second most median earnings of all the places in the greater Altoona CDP region. The place with the highest median earnings per worker in the area is Skamokawa Valley CDP which depicts a median earnings of $72,500 (14.8% larger). Comparing median earnings per worker to the United States average of $47,712, Altoona CDP is 32.4% larger. Also, in comparison with the state of Washington, median earnings per worker of $54,615, Altoona CDP is 15.6% 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 $117,976 which is more than all other places in the greater Altoona CDP region. Comparing median household income to the United States average of $60,293, Altoona CDP is about twice as large. Also, compared to the state of Washington, median household income of $70,116, Altoona CDP is 68.3% larger.

The next section examines a variety of different income statistics for the Altoona CDP metropolitan area. In Figure 3 we see that it has the percentage of earnings less than $10,000 less than most other places in the area at 22.5% of the total. Second, it has the largest proportion of earnings between $50,000 and $74,999 at 52.5% of the total and is ranked #1.

Figure 7 examines the number of self employed people in the Altoona CDP metro area based on the number of people who reported any self employment income. Altoona CDP shows it has a percentage of people self employed of 26.5% which is ranked #1 of all places in the greater Altoona CDP region.

Turning our attention to Figure 8, the median household income by age group, it has the largest proportion of median income-45 to 64 years at $117,976 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 households with retirement income of 88.2% which is at the top of all other places in the metro area.

In the next chart, Figure 12, the median family income is shown for families broken down by racial group and it has the largest proportion of overall family income at $117,976 of the total and is ranked #1. Second, it has the largest proportion of white family income at $117,976 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. Altoona CDP depicts it has the hightest cost of 120.5 for the cost of healthcare aggregate.

Altoona 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 disasterous COVID-19 Pandemic the monthly unemployment rate went from 14.5% to 5.4% in December 2019. This represents a decrease in the monthly unemployment rate of 62.8%. Since that time, the monthly unemployment rate has gone to 5.4% 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 depicts that from January 2010 to before the Wuhan Coronavirus Pandemic the monthly labor force participation went from 16,054 to 16,178 in November 2019. This represents an increase in the monthly labor force participation of very little. Since that time, the monthly labor force participation has gone to 16,178 This represents an increase in the monthly labor force participation of very little. Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Altoona CDP shows it has a participation rate of 64.5% which is ranked #1 of all places in the greater Altoona 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). Altoona CDP has the largest proportion of employed at 64.5% of the total and is ranked #1. Second, it has the smallest proportion of not in labor force at 35.5% of the total.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Altoona CDP shows full time employees approximately 3.4 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 Altoona CDP area. Altoona CDP depicts it has a families with a single earner of 88.2% which is the highest of all places in the greater Altoona CDP region.

Altoona CDP Washington Poverty Charts

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Altoona CDP shows it has a the gini index of 12.8% which is the smallest when sorted by the gini index of all the other places in the greater region.

Altoona CDP Washington 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 Altoona 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.) Altoona CDP has the largest proportion of people who drive a car or motorcycle to work at 100% 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 Altoona CDP or elsewhere.) Altoona CDP has the largest proportion of people who drove alone at 100% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Altoona CDP has the largest proportion of people who leave for work between 530 am to 6am at 10% of the total and is ranked #1. Second, it has the largest proportion of people who leave for work between 630 am to 7am at 52% of the total and is ranked #1. Third, it has the largest proportion of people who leave for work between 9am to 10am at 22% of the total and is ranked #1. Also, it has the largest proportion of people who leave for work between 4pm to midnight at 15% 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. Altoona CDP has the largest proportion of people with commute time between 30 to 34 minutes at 22% of the total and is ranked #1. Second, it has the largest proportion of people with commute time between 35 to 39 minutes at 15% of the total and is ranked #1. Third, it has the largest proportion of people with commute time between 45 to 59 minutes at 52% of the total and is ranked #1. Also, it has one of the largest proportions of people with commute time between 60 to 89 minutes at 10% of the total and is ranked #2. The only larger place being Rosburg CDP with 11%. Figure 40 shows the total number of vehicles available for transportation and Altoona CDP has the largest proportion of 3 vehicles available at 52% of the total and is ranked #1.

Altoona CDP Washington Jobs Charts

The table in Figure 48, shows Altoona CDP employment data in terms of job categories and salary data.