Ames Lake CDP Washington Income Charts

This section shows the Ames Lake 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, Ames Lake CDP depicts it has a Median earnings of $122,853 which is the third most median earnings of all other places in the greater Ames Lake CDP region. The place with the highest median earnings per worker in the area is Sammamish which shows a median earnings of $131,295 (6.9% larger). Comparing median earnings per worker to the United States average of $49,041, Ames Lake CDP is approximately 2.5 times bigger. Also, compared to the state of Washington, median earnings per worker of $56,651, Ames Lake CDP is about twice as large.

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 $121,458 which is less than most other places in the area. The place with the highest median household income in the area is Sammamish which shows a median income of $174,003 (43.3% larger). Comparing median household income to the United States average of $62,843, Ames Lake CDP is about twice as large. Also, measured against the state of Washington, median household income of $73,775, Ames Lake CDP is 64.6% larger.

The next section examines a variety of different income statistics for the Ames Lake CDP metropolitan area. In Figure 3 we see that it has the percentage of earnings less than $10,000 the second smallest in terms of median earnings of less than $10,000 of all the other places in the metropolitan area at 3.0% of the total. Second, it has the smallest proportion of earnings between $10,000 and $14,999 at 2.9% of the total. Third, it has the smallest proportion of earnings between $20,000 and $49,999 at 10.3% of the total. Also, it has one of the largest proportions of earnings between $75,000 and $99,999 at 41.6% of the total and is ranked #3. Only #2 Union Hill-Novelty Hill CDP (47.4%), and #1 Sammamish (48.3%) are larger.

Figure 5 has the Average number of hours worked in a typical work week during the year, it has a Avg Hours Worked of 39.1 which is less than most other places in the metro area. The place with the highest average hours in the area is Lake Marcel-Stillwater CDP which depicts an average hours of 41.1 (only about 5.1% 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 $60.42 which is the third most average hourly earnings of all other places in the greater Ames Lake CDP region. The place with the highest average hourly earnings in the area is Sammamish which depicts an average hourly earnings of $63.92 (only about 5.8% larger). Comparing average hourly earnings to the United States average of $24.31, Ames Lake CDP is approximately 2.5 times bigger. Also, measured against the state of Washington, average hourly earnings of $28.22, Ames Lake CDP is about twice as large.

Figure 7 examines the number of self employed people in the Ames Lake CDP metro area based on the number of people who reported any self employment income. Ames Lake CDP shows it has a Self Employed of 20.3% which is the second most people self employed of all the places in the greater Ames Lake CDP region. The place with the highest percentage of people self employed in the area is Lake Marcel-Stillwater CDP which depicts a percentage self employed of 25.2% (23.9% larger).

Turning our attention to Figure 8, the median household income by age group, has the percentage of median income-under 25 years in the intermediate range of other places in the metropolitan area at $160,500 of the total. Second, it has in the mid range of other places in the metropolitan area in order of median income-25 to 44 years at $145,938 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 14.4% which is less than most other places in the local area. The place with the highest households with retirement income in the area is Lake Marcel-Stillwater CDP which depicts a households with retirement income of 26.5% (about twice as large).

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 in the mid point range of other places in the surrounding region at $152,778 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. Ames Lake CDP depicts it has the hightest cost of 298.9 for the cost of housing aggregate.

Ames Lake 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 Coronavirus Pandemic the monthly unemployment rate went from 7.0% to 2.1% in February 2020. This represents a decrease in the monthly unemployment rate of 70.0%. Since that time, the monthly unemployment rate has gone to 3.3% This represents an increase in the monthly unemployment rate of 57.1%. 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 Wuhan Coronavirus/COVID Pandemic the monthly labor force participation went from 23,624 to 34,659 in February 2020. This represents an increase in the monthly labor force participation of 46.7%. Since that time, the monthly labor force participation has gone to 33,073 This represents a decrease in the monthly labor force participation of 4.6%.

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 Ames Lake CDP depicts it has a Unemployment Rate of 4.5% which is ranked #1 of all places in the greater Ames Lake CDP region. Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Ames Lake CDP depicts it has a Labor Force Participation of 69.9% 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). Ames Lake CDP has the largest proportion of employed at 4.5% of the total and is ranked #1.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Ames Lake CDP depicts full time employees approximately 3.7 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 Ames Lake CDP area. Ames Lake CDP indicates it has a Single Earner Families of 31.9% which is less than most other places in the area. The place with the highest families with a single earner in the area is Fall City CDP which depicts a single earners rate of 47.1% (47.7% larger). The percentage of families with no one working is depicted in Figure 22. Ames Lake CDP depicts it has a Families with No One Working of 13.5% which is the third most families with no one working of all other places in the greater Ames Lake CDP region. The place with the highest families with no one working in the area is Union Hill-Novelty Hill CDP which depicts a families with no worker of 17.3% (28.1% larger).

Ames Lake CDP Washington Poverty Charts

The next section details economy analysis about poverty for residents of the Ames Lake 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. Ames Lake CDP depicts it has a Total In Poverty of 108 which is in the center 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 Sammamish which shows a total people earning less than the poverty level of 1,549 ( considerably bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Ames Lake CDP shows it has a Percent of Population In Poverty of 6.9% which is the highest of all places in the greater region.

In Figure 25 people who are in poverty are broken out by age group. Ames Lake CDP has the largest proportion of person in poverty 35 to 54 years at 90% 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. Ames Lake CDP has the largest proportion of less than highschool in poverty at 21% of the total and is ranked #1. Second, it has the largest proportion of highschool graduate and in poverty at 7% of the total and is ranked #1. Third, it has the largest proportion of has some college and in poverty at 6% 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. Ames Lake CDP has the largest proportion of people who are in poverty and unemployed at 51.9% of the total and is ranked #1. 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.) Ames Lake CDP shows it has a Public Assistance Percent of 7.9% which is the third most households with public assistance of all other places in the greater Ames Lake CDP region. The place with the highest households with public assistance in the area is Fall City CDP which shows a households with public assistance of 10.3% (31.1% larger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Ames Lake CDP shows it has a Gini Index of 41.4% which is the second most of all the places in the area.

Ames Lake 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 Ames Lake 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.) Ames Lake CDP has the smallest proportion of people who bicycle or walk to work at 7% of the total. Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Ames Lake CDP or elsewhere.) Ames Lake CDP has the largest proportion of people who drove alone at 79% of the total and is ranked #1. Second, it has the largest proportion of people who took a taxicab, motorcycle or other at 3% of the total and is ranked #1. Third, it has the smallest proportion of people who work from home at 7% of the total.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Ames Lake CDP has the largest proportion of people who leave for work between 5am to 530am at 5% of the total and is ranked #1. Second, it has the largest proportion of people who leave for work between 6am to 630am at 14% of the total and is ranked #1. Third, it has the smallest proportion of people who leave for work between 7am to 730am at 7% of the total. Also, it has the largest proportion of people who leave for work between 9am to 10am at 5% of the total and is ranked #1. In addition, it has the largest proportion of people who leave for work between 11am to 12noon at 9% 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. Ames Lake CDP has the percentage of people with commute time of less than 5 minutesutes the second smallest as measured by people with commute time of less than 5 minutes of all the other places in the surrounding region at 1% of the total. Second, it has the smallest proportion of people with commute time between 5 to 9 minutes at 2% of the total. Third, it has one of the largest proportions of people with commute time between 10 to 14 minutes at 11% of the total and is ranked #2. The only larger place being Fall City CDP with 15%. Also, it has the largest proportion of people with commute time between 40 to 44 minutes at 23% of the total and is ranked #1.

The average commute time is shown in Figure 37. Ames Lake CDP shows it has a Avg Commute Time of 37 which is the largest of all places in the greater Ames Lake CDP region. Figure 38 shows the difference between male versus female commuting time. Ames Lake CDP shows average commute time in minutes for men approximately 2.3 times bigger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Ames Lake CDP has the percentage of no vehicle available the second smallest when ranked by no vehicle available of all the other places in the greater region at 5% of the total. Second, it has the largest proportion of 2 vehicles available at 35% of the total and is ranked #1. Third, it has in the center range of other places in the metro area when ranked by 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.) Ames Lake CDP shows it has a Work in city or place where live of 11% which is the smallest in terms 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 Fall City CDP which depicts a people who both work and live in the same city of 31% (approximately 2.9 times bigger). Comparing people who both work and live in the same city to the United States average of 42%, Ames Lake CDP is approximately a quarter the size. Also, measured against the state of Washington, people who both work and live in the same city of 37%, Ames Lake CDP is approximately a third the size.

Ames Lake 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. Ames Lake CDP shows it has the hightest median earnings of $142,656 for the earnings-computer, engineering, and science occupations category. Similarly, Figure 47 shows the median earnings of women for the job categories and Ames Lake CDP shows it has the hightest median earnings of $122,778 for the earnings-sales and office occupations category. The table in Figure 48, shows Ames Lake CDP employment data in terms of job categories and salary data.

Ames Lake 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. Ames Lake CDP shows it has the hightest entrepreneurs of 76% for the self employed management, business, science, and arts 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. Ames Lake CDP depicts it has the hightest entrepreneurs of 41% for the self employed in agriculture, forestry, fishing and hunting, and mining aggregate.

In Figure 51 the average annual self employment/entrepreneur income is shown. Ames Lake CDP depicts it has a Self Employment Income of $28,545 which is the smallest in terms of average annual self employment income of all the other places in the local area. The place with the highest average annual self employment income in the area is Union Hill-Novelty Hill CDP which depicts an average annual self employment income of $75,382 (approximately 2.6 times bigger). Comparing average annual self employment income to the United States average of $39,154, Ames Lake CDP is approximately three-fourths the size. Also, in comparison with the state of Washington, average annual self employment income of $39,075, Ames Lake CDP is approximately three-fourths the size.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Ames Lake CDP depicts total number of self-employed men approximately a third the size as the total number of self-employed women.