Carlsborg CDP Washington Income Charts

This section shows the Carlsborg 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, Carlsborg CDP indicates it has a Median earnings of $80,722 which is the largest of all places in the greater region. Comparing median earnings per worker to the United States average of $49,041, Carlsborg CDP is 64.6% larger. Also, compared with the state of Washington, median earnings per worker of $56,651, Carlsborg CDP is 42.5% 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 $55,913 which is in the center range of other places in the local area. The place with the highest median household income in the area is Blyn CDP which depicts a median income of $180,461 (approximately 3.2 times bigger). Comparing median household income to the United States average of $62,843, Carlsborg CDP is about 12.4% smaller. Also, compared to the state of Washington, median household income of $73,775, Carlsborg CDP is approximately three-fourths the size.

The next section examines a variety of different income statistics for the Carlsborg CDP metropolitan area. In Figure 3 we see that it has the percentage of earnings less than $10,000 in the mid range of other places in the local area at 4.9% of the total. Second, it has less than most other places in the area in terms of earnings between $15,000 and $19,999 at 10.5% of the total. Third, it has the second smallest as measured by median earnings of less than $10,000 of all the other places in the greater region as measured by earnings between $20,000 and $49,999 at 10.8% of the total. Also, it has the largest proportion of earnings between $50,000 and $74,999 at 34.1% 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 32.3 which is less than most other places in the local area. The place with the highest average hours in the area is Jamestown CDP which depicts an average hours of 41.2 (27.6% 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 $48.06 which is the highest of all places in the greater Carlsborg CDP region. Comparing average hourly earnings to the United States average of $24.31, Carlsborg CDP is about twice as large. Also, benchmarked against the state of Washington, average hourly earnings of $28.22, Carlsborg CDP is 70.3% larger.

Figure 7 examines the number of self employed people in the Carlsborg CDP metro area based on the number of people who reported any self employment income. Carlsborg CDP depicts it has a Self Employed of 16.6% which is the second most people self employed of all the places in the greater Carlsborg CDP region. The place with the highest percentage of people self employed in the area is Port Angeles East CDP which depicts a percentage self employed of 16.7% ( about the same size).

Turning our attention to Figure 8, the median household income by age group, it has the largest proportion of median income-25 to 44 years at $75,234 of the total and is ranked #1. Second, it has one of the largest proportions of median income-45 to 64 years at $55,208 of the total and is ranked #2. The only larger place being Bell Hill CDP with $115,929.

Figure 9 breaks down the source of income and Carlsborg CDP has one of the largest proportions of self employment income at 35.1% of the total and is ranked #2. The only larger place being Bell Hill CDP with 46.3%. Second, it has the largest proportion of investment and retirement income at 24.8% of the total and is ranked #1. Third, it has the largest proportion of social security at 2.3% 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 65.6% which is the second most households with retirement income of all the places in the greater Carlsborg CDP region. The place with the highest households with retirement income in the area is Blyn CDP which depicts a households with retirement income of 90.3% (37.8% 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 $105,179 of the total and is ranked #2. The only larger place being Bell Hill CDP with $134,848.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Carlsborg CDP depicts it has the hightest cost of 129.1 for the cost of healthcare group.

Carlsborg 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 COVID-19 Pandemic the monthly unemployment rate went from 9.7% to 2.5% in February 2020. This represents a decrease in the monthly unemployment rate of 74.2%. Since that time, the monthly unemployment rate has gone to 4.2% This represents an increase in the monthly unemployment rate of 68.0%. 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 Wuhan virus Pandemic the monthly labor force participation went from 21,905 to 24,075 in February 2020. This represents an increase in the monthly labor force participation of 9.9%. Since that time, the monthly labor force participation has gone to 23,068 This represents a decrease in the monthly labor force participation of 4.2%.

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 Carlsborg CDP shows it has a Unemployment Rate of 2.6% which is in the center range of other places in the surrounding region. The place with the highest unemployment rate in the area is Bell Hill CDP which shows a rate of 10.0% (approximately 3.9 times bigger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Carlsborg CDP depicts it has a Labor Force Participation of 37.7% which is in the mid range of other places in the surrounding region.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Carlsborg CDP depicts full time employees 10.4% larger 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 Carlsborg CDP area. Carlsborg CDP depicts it has a Single Earner Families of 27.3% which is the third most families with a single earner of all other places in the greater Carlsborg CDP region. The place with the highest families with a single earner in the area is Port Angeles East CDP which depicts a single earners rate of 39.0% (43.0% larger). The percentage of families with no one working is depicted in Figure 22. Carlsborg CDP shows it has a Families with No One Working of 43.5% which is the third most families with no one working of all other places in the greater Carlsborg CDP region. The place with the highest families with no one working in the area is Bell Hill CDP which depicts a families with no worker of 94.7% (about twice as large).

Carlsborg CDP Washington Poverty Charts

The next section details economy analysis about poverty for residents of the Carlsborg 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. Carlsborg CDP depicts it has a Total In Poverty of 77 which is less than most other places in the local area. The place with the highest total people earning less than the poverty level in the area is Sequim which depicts a total people earning less than the poverty level of 949 ( markedly bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Carlsborg CDP depicts it has a Percent of Population In Poverty of 10.3% 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 Jamestown CDP which depicts a percent of people in poverty of 25.6% (approximately 2.5 times bigger).

In Figure 25 people who are in poverty are broken out by age group. Carlsborg CDP has one of the largest proportions of person in poverty 12 to 17 years at 18% of the total and is ranked #2. The only larger place being Sequim with 21%. Second, it has the largest proportion of person in poverty 18 to 34 years at 82% 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. Carlsborg CDP has one of the largest proportions of highschool graduate and in poverty at 19% of the total and is ranked #2. The only larger place being Jamestown CDP with 44%. 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.) Carlsborg CDP shows it has a Public Assistance Percent of 4.2% which is less than most other places in the local area. The place with the highest households with public assistance in the area is River Road CDP which shows a households with public assistance of 29.1% ( markedly bigger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Carlsborg CDP depicts it has a Gini Index of 39.9% which is the second smallest in terms of the gini index of all the other places in the surrounding region.

Carlsborg 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 Carlsborg 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.) Carlsborg CDP has the largest proportion of people who bicycle or walk to work at 12% 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 Carlsborg CDP or elsewhere.) Carlsborg CDP has the percentage of people who drove alone less than most other places in the metropolitan area at 82% of the total. Second, it has the largest proportion of people who work from home at 12% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Carlsborg CDP has the percentage of people who leave for work between 6am to 630am less than most other places in the local area at 6% of the total. Second, it has the largest proportion of people who leave for work between 630 am to 7am at 36% of the total and is ranked #1. Third, it has the largest proportion of people who leave for work between 11am to 12noon at 46% 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. Carlsborg CDP has the largest proportion of people with commute time between 5 to 9 minutes at 47% of the total and is ranked #1. Second, it has the largest proportion of people with commute time between 60 to 89 minutes at 33% of the total and is ranked #1.

The average commute time is shown in Figure 37. Carlsborg CDP shows it has a Avg Commute Time of 47 which is at the top of all other places in the greater Carlsborg CDP region. Figure 38 shows the difference between male versus female commuting time. Carlsborg CDP depicts average commute time in minutes for men substantially bigger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Carlsborg CDP has the percentage of no vehicle available less than most other places in the greater region at 17% of the total. Second, it has the second smallest when sorted by no vehicle available of all the other places in the metropolitan area as measured by 1 vehicle available at 16% of the total. Third, it has less than most other places in the local area in terms of 2 vehicles available at 12% of the total. Also, it has one of the largest proportions of 3 vehicles available at 54% of the total and is ranked #2. The only larger place being Blyn CDP with 73%. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Carlsborg CDP depicts it has a Work in city or place where live of 12% which is the third most people who both work and live in the same city of all other places in the greater Carlsborg CDP region. The place with the highest people who both work and live in the same city in the area is Sequim which indicates a people who both work and live in the same city of 59% (approximately 5.0 times bigger). Comparing people who both work and live in the same city to the United States average of 42%, Carlsborg 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%, Carlsborg CDP is approximately a third the size.

Carlsborg CDP Washington Jobs Charts

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

Carlsborg CDP Washington Self Employment Charts

In Figure 51 the average annual self employment/entrepreneur income is shown. Carlsborg CDP depicts it has a Self Employment Income of $8,640 which is the third most of all other places in the local area. The place with the highest average annual self employment income in the area is Sequim which depicts an average annual self employment income of $30,377 (approximately 3.5 times bigger). Comparing average annual self employment income to the United States average of $39,154, Carlsborg CDP is approximately a fifth the size. Also, benchmarked against the state of Washington, average annual self employment income of $39,075, Carlsborg CDP is approximately a fifth the size.