Frederickson CDP Washington Income Charts

This section shows the Frederickson 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, Frederickson CDP depicts it has a Median earnings of $54,831 which is the second most median earnings of all the places in the greater Frederickson CDP region. The place with the highest median earnings per worker in the area is South Hill CDP which depicts a median earnings of $59,154 (7.9% larger). Comparing median earnings per worker to the United States average of $49,041, Frederickson CDP is 11.8% larger. Also, measured against the state of Washington, median earnings per worker of $56,651, Frederickson CDP is only about 3.3% smaller.

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 $89,012 which is the most of all places in the metro area. Comparing median household income to the United States average of $62,843, Frederickson CDP is 41.6% larger. Also, versus the state of Washington, median household income of $73,775, Frederickson CDP is 20.7% larger.

The next section examines a variety of different income statistics for the Frederickson CDP metropolitan area. In Figure 3 we see that it has the smallest proportion of earnings between $10,000 and $14,999 at 3.8% of the total. Second, it has the largest proportion of earnings between $50,000 and $74,999 at 12.9% 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 39.0 which is the third most average hours of all other places in the greater Frederickson CDP region. The place with the highest average hours in the area is Spanaway CDP which shows an average hours of 39.5 ( only slightly 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 $27.04 which is the second most average hourly earnings of all the places in the greater Frederickson CDP region. The place with the highest average hourly earnings in the area is South Hill CDP which depicts an average hourly earnings of $29.47 (9.0% larger). Comparing average hourly earnings to the United States average of $24.31, Frederickson CDP is 11.2% larger. Also, measured against the state of Washington, average hourly earnings of $28.22, Frederickson CDP is only about 4.4% smaller.

Figure 7 examines the number of self employed people in the Frederickson CDP metro area based on the number of people who reported any self employment income. Frederickson CDP shows it has a Self Employed of 8.6% which is the third most people self employed of all other places in the greater Frederickson CDP region. The place with the highest percentage of people self employed in the area is South Hill CDP which depicts a percentage self employed of 9.9% (14.5% larger).

Turning our attention to Figure 8, the median household income by age group, it has the largest proportion of median income-under 25 years at $92,023 of the total and is ranked #1. Second, it has one of the largest proportions of median income-25 to 44 years at $91,919 of the total and is ranked #2. The only larger place being South Hill CDP with $101,431. Third, it has the largest proportion of median income-45 to 64 years at $65,532 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 25.8% which is the second most households with retirement income of all the places in the greater Frederickson CDP region. The place with the highest households with retirement income in the area is Elk Plain CDP which depicts a households with retirement income of 29.0% (12.4% 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 $95,051 of the total and is ranked #2. The only larger place being South Hill CDP with $98,791. Second, it has the largest proportion of white family income at $110,085 of the total and is ranked #1. Third, it has in the mid range of other places in the greater region in order of american indian family income at $82,643 of the total. Also, it has one of the largest proportions of asian family income at $62,946 of the total and is ranked #2. The only larger place being Spanaway CDP with $106,250. In addition, it has one of the largest proportions of hawaiian family income at $89,434 of the total and is ranked #2. The only larger place being Clover Creek CDP with $92,679.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Frederickson CDP shows it has the hightest cost of 133.3 for the cost of housing classification.

Frederickson 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 disasterous COVID-19 Pandemic the monthly unemployment rate went from 10.7% to 4.4% in February 2020. This represents a decrease in the monthly unemployment rate of 58.9%. Since that time, the monthly unemployment rate has gone to 6.4% This represents an increase in the monthly unemployment rate of 45.5%. 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 20,391 to 23,594 in February 2020. This represents an increase in the monthly labor force participation of 15.7%. Since that time, the monthly labor force participation has gone to 24,044 This represents an increase in the monthly labor force participation of very little.

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 Frederickson CDP shows it has a Unemployment Rate of 3.7% which is the second smallest as measured by unemployment rate of all the other places in the local area. The place with the highest unemployment rate in the area is Summit View CDP which depicts a rate of 6.2% (66.6% larger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Frederickson CDP depicts it has a Labor Force Participation of 66.8% which is the third most participation rates of all other places in the greater Frederickson CDP region.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Frederickson 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 Frederickson CDP area. Frederickson CDP depicts it has a Single Earner Families of 28.6% which is the second smallest in terms of families with a single earner of all the other places in the metropolitan area. The place with the highest families with a single earner in the area is Parkland CDP which depicts a single earners rate of 38.4% (34.2% larger). The percentage of families with no one working is depicted in Figure 22. Frederickson CDP shows it has a Families with No One Working of 12.5% which is the second smallest in order of families with no one working of all the other places in the local area. The place with the highest families with no one working in the area is Elk Plain CDP which depicts a families with no worker of 17.5% (39.3% larger).

Frederickson CDP Washington Poverty Charts

The next section details economy analysis about poverty for residents of the Frederickson 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. Frederickson CDP depicts it has a Total In Poverty of 1,064 which is the second smallest as measured by total people earning less than the poverty level of all the other places in the surrounding region. The place with the highest total people earning less than the poverty level in the area is Parkland CDP which depicts a total people earning less than the poverty level of 5,919 ( very much bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Frederickson CDP depicts it has a Percent of Population In Poverty of 4.6% which is the smallest in terms of percent of people earning less than the poverty level of all the other places in the surrounding region. The place with the highest percent of people earning less than the poverty level in the area is Parkland CDP which depicts a percent of people in poverty of 16.5% (approximately 3.5 times bigger).

In Figure 25 people who are in poverty are broken out by age group. Frederickson CDP has the percentage of person in poverty under 12 years the second smallest in order of person in poverty under 12 years of all the other places in the metropolitan area at 3% of the total. Second, it has one of the largest proportions of person in poverty 12 to 17 years at 36% of the total and is ranked #2. The only larger place being Summit View CDP with 39%. Third, it has the smallest proportion of person in poverty 18 to 34 years at 15% of the total. Also, it has the largest proportion of person in poverty 55 to 64 years at 10% of the total and is ranked #1.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Frederickson CDP has the percentage of white poverty rate the second smallest as measured by white poverty rate of all the other places in the local area at 2% of the total. Second, it has the second smallest in terms of white poverty rate of all the other places in the area when sorted by hawaiian poverty rate at 2% of the total.

Figure 27 shows key poverty statistics for groups based on marriage status. Frederickson CDP has the percentage of married with children and in poverty the second smallest as measured by married with children and in poverty of all the other places in the local area at 15% of the total. Second, it has the smallest proportion of unmarried with children and in poverty at 21% of the total.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Frederickson CDP has the smallest proportion of less than highschool in poverty at 3% of the total. Second, it has the smallest proportion of has some college and in poverty at 1% 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.) Frederickson CDP indicates it has a Public Assistance Percent of 13.3% which is less than most other places in the area. The place with the highest households with public assistance in the area is Parkland CDP which shows a households with public assistance of 22.4% (67.9% larger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Frederickson CDP depicts it has a Gini Index of 31.9% which is the smallest in order of the gini index of all the other places in the local area.

Frederickson CDP Washington Work Commute Charts

Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Frederickson CDP or elsewhere.) Frederickson CDP has the largest proportion of people who take the Long-distance train or commuter rail at 2% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Frederickson CDP has the smallest proportion of people who leave for work between 630 am to 7am at 9% of the total. Second, it has the smallest proportion of people who leave for work between 730 am to 8am at 5% of the total. Third, it has the largest proportion of people who leave for work between 11am to 12noon at 11% 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. Frederickson CDP has the percentage of people with commute time between 5 to 9 minutes less than most other places in the local area at 6% of the total. Second, it has the smallest proportion of people with commute time between 15 to 19 minutes at 8% of the total. Third, it has the largest proportion of people with commute time between 30 to 34 minutes at 6% of the total and is ranked #1.

The average commute time is shown in Figure 37. Frederickson CDP depicts it has a Avg Commute Time of 38 which is the second most average commute time of all the places in the greater Frederickson CDP region. Figure 38 shows the difference between male versus female commuting time. Frederickson CDP depicts average commute time in minutes for men 64.0% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Frederickson CDP has the percentage of no vehicle available the second smallest as measured by no vehicle available of all the other places in the metro area at 8% of the total. Second, it has one of the largest proportions of 1 vehicle available at 45% of the total and is ranked #2. The only larger place being Clover Creek CDP with 45%. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Frederickson CDP shows it has a Work in city or place where live of 8% 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 South Hill CDP which depicts a people who both work and live in the same city of 12% (53.9% larger). Comparing people who both work and live in the same city to the United States average of 42%, Frederickson 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%, Frederickson CDP is approximately a fifth the size.

Frederickson 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. Frederickson CDP depicts it has the hightest median earnings of $84,214 for the earnings-computer, engineering, and science occupations group. Similarly, Figure 47 shows the median earnings of women for the job categories and Frederickson CDP depicts it has the hightest median earnings of $104,306 for the earnings-computer, engineering, and science occupations category. The table in Figure 48, shows Frederickson CDP employment data in terms of job categories and salary data.

Frederickson 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. Frederickson CDP shows it has the hightest entrepreneurs of 36% for the self employed in sales and office related 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. Frederickson CDP shows it has the hightest entrepreneurs of 26% for the self employed in transportation, warehousing, and utilities grouping.

In Figure 51 the average annual self employment/entrepreneur income is shown. Frederickson CDP shows it has a Self Employment Income of $23,849 which is in the mid range of other places in the metropolitan area. The place with the highest average annual self employment income in the area is Summit View CDP which shows an average annual self employment income of $54,577 (approximately 2.3 times bigger). Comparing average annual self employment income to the United States average of $39,154, Frederickson CDP is approximately three-fourths the size. Also, versus the state of Washington, average annual self employment income of $39,075, Frederickson 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.) Frederickson CDP depicts total number of self-employed men 50.9% larger as the total number of self-employed women.