Bothell West CDP Washington Income Charts

This section shows the Bothell West 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, Bothell West CDP depicts it has a Median earnings of $74,446 which is the third most median earnings of all other places in the greater Bothell West CDP region. The place with the highest median earnings per worker in the area is Bothell East CDP which depicts a median earnings of $97,382 (30.8% larger). Comparing median earnings per worker to the United States average of $49,041, Bothell West CDP is 51.8% larger. Also, measured against the state of Washington, median earnings per worker of $56,651, Bothell West CDP is 31.4% 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 $111,705 which is the third most median income of all other places in the greater Bothell West CDP region. The place with the highest median household income in the area is Brier which depicts a median income of $131,293 (17.5% larger). Comparing median household income to the United States average of $62,843, Bothell West CDP is 77.8% larger. Also, measured against the state of Washington, median household income of $73,775, Bothell West CDP is 51.4% larger.

The next section examines a variety of different income statistics for the Bothell West CDP metropolitan area. In Figure 3 we see that it it has the largest proportion of earnings between $50,000 and $74,999 at 13.4% 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 37.9 which is the second smallest when ranked by average hours of all the other places in the surrounding region. The place with the highest average hours in the area is Alderwood Manor CDP which shows an average hours of 39.8 (only about 5.0% 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 $37.77 which is the third most average hourly earnings of all other places in the greater Bothell West CDP region. The place with the highest average hourly earnings in the area is Bothell East CDP which depicts an average hourly earnings of $48.14 (27.4% larger). Comparing average hourly earnings to the United States average of $24.31, Bothell West CDP is 55.4% larger. Also, versus the state of Washington, average hourly earnings of $28.22, Bothell West CDP is 33.8% larger.

Figure 7 examines the number of self employed people in the Bothell West CDP metro area based on the number of people who reported any self employment income. Bothell West CDP depicts it has a Self Employed of 12.1% which is the second smallest when ranked by percentage of people self employed of all the other places in the local area. The place with the highest percentage of people self employed in the area is Martha Lake CDP which depicts a percentage self employed of 16.4% (34.8% larger).

Turning our attention to Figure 8, the median household income by age group, it has one of the largest proportions of median income-under 25 years at $135,274 of the total and is ranked #2. The only larger place being Brier with $158,125. Second, it has the second smallest as measured by median income for those under 25 years of age of all the other places in the local area in terms of median income-25 to 44 years at $111,382 of the total. Third, it has the second smallest when sorted by median income for those under 25 years of age of all the other places in the metropolitan area when sorted by median income-45 to 64 years at $58,387 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 16.7% which is in the middle range of other places in the local area. The place with the highest households with retirement income in the area is Brier which depicts a households with retirement income of 27.7% (65.6% 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 greater region at $109,527 of the total. Second, it has one of the largest proportions of white family income at $125,350 of the total and is ranked #2. The only larger place being Bothell East CDP with $128,235. Third, it has one of the largest proportions of american indian family income at $147,250 of the total and is ranked #2. The only larger place being Bothell with $152,014.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Bothell West CDP depicts it has the hightest cost of 207.4 for the cost of housing classification.

Bothell West 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 shows that from February 2010 to before the disasterous Coronavirus Pandemic the monthly unemployment rate went from 9.2% to 2.5% in February 2020. This represents a decrease in the monthly unemployment rate of 72.8%. Since that time, the monthly unemployment rate has gone to 4.3% This represents an increase in the monthly unemployment rate of 72.0%. 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 Coronavirus Pandemic the monthly labor force participation went from 19,032 to 26,991 in February 2020. This represents an increase in the monthly labor force participation of 41.8%. Since that time, the monthly labor force participation has gone to 25,902 This represents a decrease in the monthly labor force participation of 4.0%.

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 Bothell West CDP shows it has a Unemployment Rate of 1.9% which is the second smallest when ranked by unemployment rate of all the other places in the metro area. The place with the highest unemployment rate in the area is Alderwood Manor CDP which shows a rate of 3.4% (78.6% larger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Bothell West CDP depicts it has a Labor Force Participation of 72.6% which is the second most participation rates of all the places in the greater Bothell West CDP region.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Bothell West CDP depicts 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 Bothell West CDP area. Bothell West CDP shows it has a Single Earner Families of 29.2% which is in the center range of other places in the area. The place with the highest families with a single earner in the area is Bothell East CDP which depicts a single earners rate of 37.4% (28.0% larger). The percentage of families with no one working is depicted in Figure 22. Bothell West CDP shows it has a Families with No One Working of 9.5% which is less than most other places in the surrounding region. The place with the highest families with no one working in the area is Brier which shows a families with no worker of 14.0% (47.4% larger).

Bothell West CDP Washington Poverty Charts

The next section details economy analysis about poverty for residents of the Bothell West 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. Bothell West CDP depicts it has a Total In Poverty of 1,004 which is the third most total people earning less than the poverty level of all other places in the greater Bothell West CDP region. The place with the highest total people earning less than the poverty level in the area is Bothell which depicts a total people earning less than the poverty level of 2,550 (approximately 2.5 times bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Bothell West CDP depicts it has a Percent of Population In Poverty of 4.8% which is less than most other places in the local area. The place with the highest percent of people earning less than the poverty level in the area is Larch Way CDP which depicts a percent of people in poverty of 6.8% (43.2% larger).

In Figure 25 people who are in poverty are broken out by age group. Bothell West CDP has the percentage of person in poverty 18 to 34 years the second smallest as measured by person in poverty under 12 years of all the other places in the local area at 17% of the total. Second, it has one of the largest proportions of person in poverty 35 to 54 years at 15% of the total and is ranked #2. The only larger place being Brier with 19%.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Bothell West CDP has the percentage of white poverty rate the second smallest when sorted by white poverty rate of all the other places in the local area at 3% of the total. Second, it has the smallest proportion of american indian poverty rate at 2% of the total.

Figure 27 shows key poverty statistics for groups based on marriage status. Bothell West CDP has the percentage of married with children and in poverty less than most other places in the local area at 3% of the total. Second, it has less than most other places in the metro area when ranked by unmarried with children and in poverty at 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.) Bothell West CDP depicts it has a Public Assistance Percent of 4.1% which is the second smallest in order of households with public assistance of all the other places in the area. The place with the highest households with public assistance in the area is Alderwood Manor CDP which depicts a households with public assistance of 9.8% (approximately 2.4 times bigger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Bothell West CDP shows it has a Gini Index of 36.9% which is less than most other places in the surrounding region.

Bothell West CDP Washington Work Commute Charts

Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Bothell West CDP or elsewhere.) Bothell West CDP has the largest proportion of people who take the Long-distance train or commuter rail at 0% of the total and is ranked #1. Second, it has the largest proportion of people who take Light rail, streetcar or trolley at 0% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Bothell West CDP has the largest proportion of people who leave for work between 12am to 5am at 6% of the total and is ranked #1. Second, it has the largest proportion of people who leave for work between 830 am to 9am at 12% of the total and is ranked #1. Third, it has the largest proportion of people who leave for work between 12noon to 4pm at 6% 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. Bothell West CDP has the smallest proportion of people with commute time of less than 5 minutesutes at 3% of the total. Second, it has the largest proportion of people with commute time between 30 to 34 minutes at 5% of the total and is ranked #1.

The average commute time is shown in Figure 37. Bothell West CDP depicts it has a Avg Commute Time of 34 which is in the mid range of other places in the metropolitan area. Figure 38 shows the difference between male versus female commuting time. Bothell West CDP depicts average commute time in minutes for men 51.1% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Bothell West CDP has the percentage of 4 vehicles available the second smallest when ranked by no vehicle available of all the other places in the greater region at 4% of the total. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Bothell West CDP shows it has a Work in city or place where live of 8% which is less than most other places in the local area. The place with the highest people who both work and live in the same city in the area is Bothell which depicts a people who both work and live in the same city of 21% (approximately 2.7 times bigger). Comparing people who both work and live in the same city to the United States average of 42%, Bothell West CDP is approximately a fifth the size. Also, in comparison with the state of Washington, people who both work and live in the same city of 37%, Bothell West CDP is approximately a fifth the size.

Bothell West 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. Bothell West CDP depicts it has the hightest median earnings of $139,152 for the earnings-healthcare practitioners and tech occupations classification. Similarly, Figure 47 shows the median earnings of women for the job categories and Bothell West CDP shows it has the hightest median earnings of $81,792 for the management, business, and financial occupations category. The table in Figure 48, shows Bothell West CDP employment data in terms of job categories and salary data.

Bothell West 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. Bothell West CDP shows it has the hightest entrepreneurs of 57% for the self employed management, business, science, and arts 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. Bothell West CDP shows it has the hightest entrepreneurs of 31% for the self employed in construction aggregate.

In Figure 51 the average annual self employment/entrepreneur income is shown. Bothell West CDP shows it has a Self Employment Income of $29,629 which is the smallest in terms of average annual self employment income of all the other places in the greater region. The place with the highest average annual self employment income in the area is Alderwood Manor CDP which depicts an average annual self employment income of $49,904 (68.4% larger). Comparing average annual self employment income to the United States average of $39,154, Bothell West CDP is approximately three-fourths the size. Also, measured against the state of Washington, average annual self employment income of $39,075, Bothell West 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.) Bothell West CDP shows total number of self-employed men 27.0% larger as the total number of self-employed women.