Canyon Creek CDP Washington Income Charts

This section shows the Canyon Creek 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, Canyon Creek CDP shows it has a Median earnings of $56,615 which is less than most other places in the metro area. The place with the highest median earnings per worker in the area is Lake Bosworth CDP which depicts a median earnings of $97,311 (71.9% larger). Comparing median earnings per worker to the United States average of $49,041, Canyon Creek CDP is 15.4% larger. Also, in contrast to the state of Washington, median earnings per worker of $56,651, Canyon Creek CDP is about the same 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 $76,708 which is less than most other places in the local area. The place with the highest median household income in the area is Lake Bosworth CDP which depicts a median income of $118,846 (54.9% larger). Comparing median household income to the United States average of $62,843, Canyon Creek CDP is 22.1% larger. Also, benchmarked against the state of Washington, median household income of $73,775, Canyon Creek CDP is only about 4.0% larger.

The next section examines a variety of different income statistics for the Canyon Creek CDP metropolitan area. In Figure 3 we see that it has the smallest proportion of earnings less than $10,000 at 3.6% of the total. Second, it has the second smallest when sorted by median earnings of less than $10,000 of all the other places in the local area in terms of earnings between $75,000 and $99,999 at 9.9% 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 38.5 which is in the center range of other places in the area. The place with the highest average hours in the area is North Marysville CDP which depicts an average hours of 41.6 (8.1% 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 $28.28 which is less than most other places in the greater region. The place with the highest average hourly earnings in the area is Lake Bosworth CDP which depicts an average hourly earnings of $47.02 (66.3% larger). Comparing average hourly earnings to the United States average of $24.31, Canyon Creek CDP is 16.3% larger. Also, measured against the state of Washington, average hourly earnings of $28.22, Canyon Creek CDP is about the same size.

Figure 7 examines the number of self employed people in the Canyon Creek CDP metro area based on the number of people who reported any self employment income. Canyon Creek CDP shows it has a Self Employed of 5.2% which is the smallest in terms of 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 North Marysville CDP which depicts a percentage self employed of 21.3% (approximately 4.1 times bigger).

Turning our attention to Figure 8, the median household income by age group, has the percentage of median income-under 25 years less than most other places in the metropolitan area at $78,516 of the total. Second, it has the second smallest when ranked by median income for those under 25 years of age of all the other places in the greater region in terms of median income-25 to 44 years at $83,714 of the total. Third, it has in the center range of other places in the greater region when ranked by median income-45 to 64 years at $46,250 of the total.

Figure 9 breaks down the source of income and Canyon Creek CDP has the largest proportion of social security at 1.4% 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 17.1% 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 Lake Cassidy CDP which shows a households with retirement income of 20.6% (20.5% 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 the second smallest as measured by overall family income of all the other places in the metro area at $84,588 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. Canyon Creek CDP depicts it has the hightest cost of 129.1 for the cost of healthcare grouping.

Canyon Creek 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 8.7% to 3.1% in February 2020. This represents a decrease in the monthly unemployment rate of 64.4%. Since that time, the monthly unemployment rate has gone to 6.1% This represents an increase in the monthly unemployment rate of 96.8%. 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 February 2010 to before the Wuhan virus Pandemic the monthly labor force participation went from 30,472 to 36,758 in February 2020. This represents an increase in the monthly labor force participation of 20.6%. Since that time, the monthly labor force participation has gone to 35,701 This represents a decrease in the monthly labor force participation of 2.9%.

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 Canyon Creek CDP shows it has a Unemployment Rate of 1.7% which is in the mid range of other places in the local area. The place with the highest unemployment rate in the area is Sisco Heights CDP which depicts a rate of 3.0% (about twice as large). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Canyon Creek CDP depicts it has a Labor Force Participation of 62.4% which is the smallest in order of participation rate of all the 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). Canyon Creek CDP has the largest proportion of unemployed at 37.6% 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. Canyon Creek CDP depicts full time employees approximately 3.6 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 Canyon Creek CDP area. Canyon Creek CDP shows it has a Single Earner Families of 35.5% which is in the center range of other places in the local area. The place with the highest families with a single earner in the area is North Marysville CDP which depicts a single earners rate of 100.0% (approximately 2.8 times bigger). The percentage of families with no one working is depicted in Figure 22. Canyon Creek CDP shows it has a Families with No One Working of 2.4% which is the second smallest as measured by families with no one working of all the other places in the metro area. The place with the highest families with no one working in the area is Lake Cassidy CDP which depicts a families with no worker of 21.0% ( substantially bigger).

Canyon Creek CDP Washington Poverty Charts

The next section details economy analysis about poverty for residents of the Canyon Creek 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. Canyon Creek CDP depicts it has a Total In Poverty of 279 which is in the mid range of other places in the greater region. The place with the highest total people earning less than the poverty level in the area is Granite Falls which indicates a total people earning less than the poverty level of 478 (71.3% larger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Canyon Creek CDP shows it has a Percent of Population In Poverty of 8.2% which is less than most other places in the greater region. The place with the highest percent of people earning less than the poverty level in the area is North Marysville CDP which depicts a percent of people in poverty of 16.9% (about twice as large).

In Figure 25 people who are in poverty are broken out by age group. Canyon Creek CDP has the percentage of person in poverty 12 to 17 years less than most other places in the metro area at 7% of the total. Second, it has in the middle range of other places in the area in terms of person in poverty 18 to 34 years at 32% of the total. Third, it has less than most other places in the local area in order of person in poverty 35 to 54 years at 4% of the total.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Canyon Creek CDP has the largest proportion of hawaiian poverty rate at 13% of the total and is ranked #1.

Figure 27 shows key poverty statistics for groups based on marriage status. Canyon Creek CDP has one of the largest proportions of married with children and in poverty at 42% of the total and is ranked #3. Only #2 Lochsloy CDP (54%), and #1 Granite Falls (58%) are larger. Second, it has one of the largest proportions of unmarried with children and in poverty at 49% of the total and is ranked #2. The only larger place being Granite Falls with 70%. Figure 29 looks at only those people who make less than the poverty level of income and breaks down there employment status. Canyon Creek CDP has the percentage of people who are in poverty and unemployed less than most other places in the metro area at 6.8% 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.) Canyon Creek CDP shows it has a Public Assistance Percent of 17.6% which is the third most of all other places in the local area. The place with the highest households with public assistance in the area is North Marysville CDP which depicts a households with public assistance of 36.1% (about twice as large).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Canyon Creek CDP shows it has a Gini Index of 37.7% which is the third most the gini index of all other places in the greater Canyon Creek CDP region.

Canyon Creek 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 Canyon Creek 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.) Canyon Creek CDP has the smallest proportion of people who bicycle or walk to work at 4% of the total. Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Canyon Creek CDP or elsewhere.) Canyon Creek CDP has the largest proportion of people who drove alone at 84% of the total and is ranked #1. Second, it has the smallest proportion of people who work from home at 4% of the total.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Canyon Creek CDP has one of the largest proportions of people who leave for work between 12am to 5am at 10% of the total and is ranked #3. Only #2 Lake Cassidy CDP (15%), and #1 Lochsloy CDP (18%) are larger. Second, it has the smallest proportion of people who leave for work between 7am to 730am at 2% of the total. Third, it has the smallest proportion of people who leave for work between 830 am to 9am at 2% of the total. Also, it has the largest proportion of people who leave for work between 11am to 12noon 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. Canyon Creek CDP has the percentage of people with commute time of less than 5 minutesutes the second smallest when sorted by people with commute time of less than 5 minutes of all the other places in the metro area at 4% of the total. Second, it has in the mid range of other places in the metro area when sorted by people with commute time between 5 to 9 minutes at 7% of the total. Third, it has the second smallest when sorted by people with commute time of less than 5 minutes of all the other places in the surrounding region in terms of people with commute time between 10 to 14 minutes at 3% of the total. Also, it has the largest proportion of people with commute time between 25 to 29 minutes at 20% of the total and is ranked #1. In addition, it has the largest proportion of people with commute time between 30 to 34 minutes at 10% of the total and is ranked #1. Furthermore, it has the largest proportion of people with commute time between 60 to 89 minutes at 9% of the total and is ranked #1.

The average commute time is shown in Figure 37. Canyon Creek CDP indicates it has a Avg Commute Time of 41 which is the largest of all places in the local area. Figure 38 shows the difference between male versus female commuting time. Canyon Creek CDP shows average commute time in minutes for men 72.3% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Canyon Creek CDP has the largest proportion of no vehicle available at 15% of the total and is ranked #1. Second, it has one of the largest proportions of 1 vehicle available at 30% of the total and is ranked #2. The only larger place being Granite Falls with 36%. Third, it has the smallest proportion of 2 vehicles available at 26% of the total. Also, it has less than most other places in the local area in terms of 3 vehicles available at 14% of the total. In addition, it has one of the largest proportions of 4 vehicles available at 15% of the total and is ranked #3. Only #2 Lake Cassidy CDP (15%), and #1 Lake Bosworth CDP (18%) are larger. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Canyon Creek CDP depicts it has a Work in city or place where live of 4% which is the smallest when sorted by people who both work and live in the same city of all the 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 Granite Falls which shows a people who both work and live in the same city of 19% ( considerably bigger). Comparing people who both work and live in the same city to the United States average of 42%, Canyon Creek CDP is approximately a twelfth the size. Also, compared to the state of Washington, people who both work and live in the same city of 37%, Canyon Creek CDP is approximately a tenth the size.

Canyon Creek 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. Canyon Creek CDP depicts it has the hightest median earnings of $97,375 for the earnings-protective service occupations category. Similarly, Figure 47 shows the median earnings of women for the job categories and Canyon Creek CDP depicts it has the hightest median earnings of $56,818 for the management, business, and financial occupations classification. The table in Figure 48, shows Canyon Creek CDP employment data in terms of job categories and salary data.

Canyon Creek 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. Canyon Creek CDP depicts it has the hightest entrepreneurs of 100% for the self employed in production, transportation, and material moving businesses aggregate.

In Figure 51 the average annual self employment/entrepreneur income is shown. Canyon Creek CDP shows it has a Self Employment Income of $26,563 which is in the mid range of other places in the greater region. The place with the highest average annual self employment income in the area is Lake Bosworth CDP which depicts an average annual self employment income of $80,734 (approximately 3.0 times bigger). Comparing average annual self employment income to the United States average of $39,154, Canyon Creek CDP is approximately three-fourths the size. Also, benchmarked against the state of Washington, average annual self employment income of $39,075, Canyon Creek 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.) Canyon Creek CDP depicts total number of self-employed men 13.2% larger as the total number of self-employed women.