Basin City CDP Washington Income Charts

This section shows the Basin City 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, Basin City CDP depicts it has a Median earnings of $27,163 which is the smallest in terms of median earnings per worker of all the other places in the greater region. The place with the highest median earnings per worker in the area is West Richland which shows a median earnings of $75,951 (approximately 2.8 times bigger). Comparing median earnings per worker to the United States average of $49,041, Basin City CDP is approximately half the size. Also, in contrast to the state of Washington, median earnings per worker of $56,651, Basin City CDP is approximately half 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 $55,160 which is the third most median income of all other places in the greater Basin City CDP region. The place with the highest median household income in the area is West Richland which shows a median income of $99,817 (about twice as large). Comparing median household income to the United States average of $62,843, Basin City CDP is about 13.9% smaller. Also, measured against the state of Washington, median household income of $73,775, Basin City CDP is approximately three-fourths the size.

The next section examines a variety of different income statistics for the Basin City CDP metropolitan area. In Figure 3 we see that it it has the largest proportion of earnings less than $10,000 at 22.7% of the total and is ranked #1. Second, it has one of the largest proportions of earnings between $10,000 and $14,999 at 10.0% of the total and is ranked #2. The only larger place being Connell with 14.4%. Third, it has one of the largest proportions of earnings between $15,000 and $19,999 at 48.2% of the total and is ranked #3. Only #2 Mesa (55.6%), and #1 Hatton (61.7%) are larger. Also, it has the smallest proportion of earnings between $20,000 and $49,999 at 5.9% of the total.

Figure 5 has the Average number of hours worked in a typical work week during the year, it has a Avg Hours Worked of 44.8 which is the highest of all places in the greater Basin City CDP region. 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 $11.66 which is the smallest in terms of average hourly earnings of all the other places in the local area. The place with the highest average hourly earnings in the area is West Richland which shows an average hourly earnings of $38.64 (approximately 3.3 times bigger). Comparing average hourly earnings to the United States average of $24.31, Basin City CDP is approximately half the size. Also, benchmarked against the state of Washington, average hourly earnings of $28.22, Basin City CDP is approximately half the size.

Figure 7 examines the number of self employed people in the Basin City CDP metro area based on the number of people who reported any self employment income. Basin City CDP depicts it has a Self Employed of 21.5% which is the largest of all places in the greater region.

Turning our attention to Figure 8, the median household income by age group, it has one of the largest proportions of median income-25 to 44 years at $87,770 of the total and is ranked #3. Only #2 Richland ($106,322), and #1 West Richland ($120,809) are 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 $87,703 of the total and is ranked #3. Only #2 Richland ($101,979), and #1 West Richland ($107,329) are larger. Second, it has the largest proportion of hawaiian family income at $55,160 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. Basin City CDP depicts it has the hightest cost of 117.1 for the cost of healthcare category.

Basin City 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 January 2010 to before the disasterous COVID-19 Pandemic the monthly unemployment rate went from 8.0% to 6.2% in March 2020. This represents a decrease in the monthly unemployment rate of 22.5%. Since that time, the monthly unemployment rate has gone to 4.1% This represents a decrease in the monthly unemployment rate of 33.9%. 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 Covid-19 virus Pandemic the monthly labor force participation went from 25,457 to 30,187 in March 2020. This represents an increase in the monthly labor force participation of 18.6%. Since that time, the monthly labor force participation has gone to 31,210 This represents an increase in the monthly labor force participation of 3.4%.

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 Basin City CDP indicates it has a Unemployment Rate of 9.3% which is the largest of all places in the greater Basin City CDP region. Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Basin City CDP shows it has a Labor Force Participation of 51.8% which is the second smallest when ranked by participation rate of all the other places in the greater 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). Basin City CDP has the largest proportion of employed at 9.3% 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. Basin City CDP depicts full time employees markedly 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 Basin City CDP area. Basin City CDP depicts it has a Single Earner Families of 2.1% which is the smallest when sorted by families with a single earner of all the other places in the greater region. The place with the highest families with a single earner in the area is Connell which depicts a single earners rate of 39.0% ( appreciably bigger).

Basin City CDP Washington Poverty Charts

The next section details economy analysis about poverty for residents of the Basin City 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. Basin City CDP depicts it has a Total In Poverty of 290 which is less than most other places in the metro area. The place with the highest total people earning less than the poverty level in the area is Richland which depicts a total people earning less than the poverty level of 4,990 ( substantially bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Basin City CDP depicts it has a Percent of Population In Poverty of 24.0% which is less than most other places in the metropolitan area. The place with the highest percent of people earning less than the poverty level in the area is Mesa which shows a percent of people in poverty of 29.8% (24.4% larger).

In Figure 25 people who are in poverty are broken out by age group. Basin City CDP has one of the largest proportions of person in poverty under 12 years at 33% of the total and is ranked #2. The only larger place being Hatton with 37%. Second, it has the largest proportion of person in poverty 18 to 34 years at 33% of the total and is ranked #1.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Basin City CDP has the percentage of hawaiian poverty rate the second smallest when sorted by white poverty rate of all the other places in the local area at 24% of the total. Figure 29 looks at only those people who make less than the poverty level of income and breaks down there employment status. Basin City CDP has the largest proportion of people who are in poverty and employed at 15.5% 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.) Basin City CDP shows it has a Public Assistance Percent of 21.1% which is less than most other places in the local area. The place with the highest households with public assistance in the area is Hatton which depicts a households with public assistance of 42.2% (about twice as large).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Basin City CDP shows it has a Gini Index of 25.7% which is the smallest in terms of the gini index of all the other places in the local area.

Basin City CDP Washington Work Commute Charts

Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Basin City CDP or elsewhere.) Basin City CDP has the smallest proportion of people who drove alone at 47% of the total. Second, it has the largest proportion of people who carpooled at 49% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Basin City CDP has the smallest proportion of people who leave for work between 12am to 5am at 2% of the total. Second, it has the largest proportion of people who leave for work between 6am to 630am at 21% of the total and is ranked #1. Third, it has the largest proportion of people who leave for work between 7am to 730am at 25% of the total and is ranked #1. Also, it has the largest proportion of people who leave for work between 730 am to 8am at 21% 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. Basin City CDP has one of the largest proportions of people with commute time of less than 5 minutesutes at 21% of the total and is ranked #3. Only #2 Othello (23%), and #1 Connell (27%) are larger. Second, it has the smallest proportion of people with commute time between 5 to 9 minutes at 4% of the total. Third, it has the largest proportion of people with commute time between 10 to 14 minutes at 42% of the total and is ranked #1. Also, it has the largest proportion of people with commute time between 25 to 29 minutes at 29% of the total and is ranked #1.

The average commute time is shown in Figure 37. Basin City CDP depicts it has a Avg Commute Time of 18 which is less than most other places in the local area. Figure 38 shows the difference between male versus female commuting time. Basin City CDP depicts average commute time in minutes for men approximately 3.0 times bigger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Basin City CDP has the smallest proportion of 1 vehicle available at 33% of the total. Second, it has the smallest proportion of 2 vehicles available at 8% of the total. Third, it has the largest proportion of 4 vehicles available at 59% 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.) Basin City CDP depicts it has a Work in city or place where live of 15% which is less than most 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 Othello which depicts a people who both work and live in the same city of 64% (approximately 4.2 times bigger). Comparing people who both work and live in the same city to the United States average of 42%, Basin City CDP is approximately a third the size. Also, versus the state of Washington, people who both work and live in the same city of 37%, Basin City CDP is approximately half the size.

Basin City 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. Basin City CDP shows it has the hightest median earnings of $29,390 for the earnings-natural resources, construction, maintenance occupations classification. The table in Figure 48, shows Basin City CDP employment data in terms of job categories and salary data.

Basin City 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. Basin City CDP depicts it has the hightest entrepreneurs of 100% for the self employed in service businesses classification.

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. Basin City CDP depicts it has the hightest entrepreneurs of 100% for the self employed in educational services, health care and social assistance classification.