Grand Mound CDP Washington Income Charts

This section shows the Grand Mound 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, Grand Mound CDP indicates it has a Median earnings of $36,364 which is the second smallest as measured by median earnings per worker of all the other places in the surrounding region. The place with the highest median earnings per worker in the area is Fords Prairie CDP which shows a median earnings of $49,250 (35.4% larger). Comparing median earnings per worker to the United States average of $49,041, Grand Mound CDP is approximately three-fourths the size. Also, benchmarked against the state of Washington, median earnings per worker of $56,651, Grand Mound CDP is approximately three-fourths 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 $57,031 which is the third most median income of all other places in the greater Grand Mound CDP region. The place with the highest median household income in the area is Rochester CDP which depicts a median income of $84,766 (48.6% larger). Comparing median household income to the United States average of $62,843, Grand Mound CDP is about 10.2% smaller. Also, compared to the state of Washington, median household income of $73,775, Grand Mound CDP is approximately three-fourths the size.

The next section examines a variety of different income statistics for the Grand Mound CDP metropolitan area. In Figure 3 we see that it has the smallest proportion of earnings between $10,000 and $14,999 at 6.2% of the total. Second, it has the largest proportion of earnings between $15,000 and $19,999 at 47.4% 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 37.6 which is in the mid range of other places in the metro area. The place with the highest average hours in the area is Tenino which shows an average hours of 39.5 (only about 5.1% 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 $18.60 which is the second smallest when ranked by average hourly earnings of all the other places in the metro area. The place with the highest average hourly earnings in the area is Fords Prairie CDP which shows an average hourly earnings of $26.38 (41.8% larger). Comparing average hourly earnings to the United States average of $24.31, Grand Mound CDP is approximately three-fourths the size. Also, in comparison with the state of Washington, average hourly earnings of $28.22, Grand Mound CDP is approximately three-fourths the size.

Figure 7 examines the number of self employed people in the Grand Mound CDP metro area based on the number of people who reported any self employment income. Grand Mound CDP shows it has a Self Employed of 4.7% which is less than most other places in the local area. The place with the highest percentage of people self employed in the area is Chehalis which depicts a percentage self employed of 12.5% (approximately 2.7 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 greater region at $51,648 of the total. Second, it has one of the largest proportions of median income-25 to 44 years at $72,269 of the total and is ranked #3. Only #2 Fords Prairie CDP ($83,367), and #1 Rochester CDP ($102,047) are larger. Third, it has the largest proportion of median income-45 to 64 years at $51,713 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 21.9% which is in the middle range of other places in the greater region. The place with the highest households with retirement income in the area is Rochester CDP which depicts a households with retirement income of 24.0% (9.8% 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 $70,201 of the total and is ranked #3. Only #2 Fords Prairie CDP ($82,067), and #1 Rochester CDP ($86,908) are larger.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Grand Mound CDP depicts it has the hightest cost of 120.5 for the cost of healthcare group.

Grand Mound 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 9.0% to 4.4% in February 2020. This represents a decrease in the monthly unemployment rate of 51.1%. Since that time, the monthly unemployment rate has gone to 5.6% This represents an increase in the monthly unemployment rate of 27.3%. 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 25,607 to 29,557 in February 2020. This represents an increase in the monthly labor force participation of 15.4%. Since that time, the monthly labor force participation has gone to 30,035 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 Grand Mound CDP depicts it has a Unemployment Rate of 8.8% which is the most of all places in the greater Grand Mound CDP region. Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Grand Mound CDP indicates it has a Labor Force Participation of 68.2% which is ranked #1 of all places in the greater Grand Mound CDP 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). Grand Mound CDP has the largest proportion of employed at 8.8% of the total and is ranked #1. Second, it has the smallest proportion of unemployed at 31.8% of the total.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Grand Mound CDP depicts full time employees approximately 3.3 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 Grand Mound CDP area. Grand Mound CDP depicts it has a Single Earner Families of 26.1% which is the second smallest when ranked by families with a single earner of all the other places in the local area. The place with the highest families with a single earner in the area is Tenino which shows a single earners rate of 36.9% (41.5% larger). The percentage of families with no one working is depicted in Figure 22. Grand Mound CDP depicts it has a Families with No One Working of 28.6% which is the most of all places in the greater Grand Mound CDP region.

Grand Mound CDP Washington Poverty Charts

The next section details economy analysis about poverty for residents of the Grand Mound 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. Grand Mound CDP depicts it has a Total In Poverty of 577 which is in the mid point range of other places in the surrounding region. The place with the highest total people earning less than the poverty level in the area is Centralia which depicts a total people earning less than the poverty level of 2,969 ( quite a bit bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Grand Mound CDP depicts it has a Percent of Population In Poverty of 17.2% which is in the mid range of other places in the local area. The place with the highest percent of people earning less than the poverty level in the area is Bucoda which shows a percent of people in poverty of 30.8% (79.4% larger).

In Figure 25 people who are in poverty are broken out by age group. Grand Mound CDP has the smallest proportion of person in poverty under 12 years at 6% of the total. Second, it has the second smallest in order of person in poverty under 12 years of all the other places in the local area when ranked by person in poverty 12 to 17 years at 19% of the total. Third, it has the largest proportion of person in poverty 18 to 34 years at 43% of the total and is ranked #1. Also, it has the second smallest when ranked by person in poverty under 12 years of all the other places in the local area in order of person in poverty 35 to 54 years at 8% of the total.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Grand Mound CDP has the largest proportion of black poverty rate at 22% of the total and is ranked #1. Second, it has in the mid point range of other places in the surrounding region when sorted by hawaiian poverty rate at 44% of the total.

Figure 27 shows key poverty statistics for groups based on marriage status. Grand Mound CDP has the smallest proportion of married with children and in poverty at 15% of the total. Second, it has the smallest proportion of unmarried with children and in poverty at 16% of the total. Third, it has in the mid point range of other places in the greater region in order of unmarried female with children and in poverty at 14% of the total.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Grand Mound CDP has the smallest proportion of less than highschool in poverty at 7% 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.) Grand Mound CDP depicts it has a Public Assistance Percent of 25.7% which is the third most households with public assistance of all other places in the greater Grand Mound CDP region. The place with the highest households with public assistance in the area is Bucoda which depicts a households with public assistance of 34.2% (32.9% larger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Grand Mound CDP indicates it has a Gini Index of 37.2% which is less than most other places in the metro area.

Grand Mound CDP Washington Work Commute Charts

Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Grand Mound CDP or elsewhere.) Grand Mound CDP has the largest proportion of people who drove alone at 90% of the total and is ranked #1. Second, it has the largest proportion of people who bike 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. Grand Mound CDP has the percentage of people who leave for work between 12am to 5am the second smallest when ranked by people who leave for work between 12am to 5am of all the other places in the metro area at 3% of the total. Second, it has the largest proportion of people who leave for work between 5am to 530am at 10% of the total and is ranked #1. Third, it has the smallest proportion of people who leave for work between 530 am to 6am at 5% of the total. Also, it has the largest proportion of people who leave for work between 6am to 630am at 12% of the total and is ranked #1. In addition, it has the largest proportion of people who leave for work between 8am to 830am at 10% of the total and is ranked #1. Furthermore, it has the largest proportion of people who leave for work between 830 am to 9am 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. Grand Mound CDP has the percentage of people with commute time of less than 5 minutesutes less than most other places in the surrounding region at 2% of the total. Second, it has the largest proportion of people with commute time between 10 to 14 minutes at 18% of the total and is ranked #1. Third, it has the largest proportion of people with commute time between 15 to 19 minutes at 29% of the total and is ranked #1. Also, it has the largest proportion of people with commute time between 20 to 24 minutes at 12% of the total and is ranked #1. In addition, it has the smallest proportion of people with commute time between 40 to 44 minutes at 2% of the total. Furthermore, it has the largest proportion of people with commute time between 45 to 59 minutes at 8% of the total and is ranked #1.

The average commute time is shown in Figure 37. Grand Mound CDP shows it has a Avg Commute Time of 26 which is less than most other places in the local area. Figure 38 shows the difference between male versus female commuting time. Grand Mound CDP shows average commute time in minutes for men 24.0% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Grand Mound CDP has the percentage of no vehicle available in the mid point range of other places in the local area at 12% of the total. Second, it has one of the largest proportions of 4 vehicles available at 7% of the total and is ranked #3. Only #2 Rochester CDP (9%), and #1 Fords Prairie CDP (10%) are larger. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Grand Mound CDP shows it has a Work in city or place where live of 3% which is the smallest when ranked by people who both work and live in the same city of all the other places in the metropolitan area. The place with the highest people who both work and live in the same city in the area is Chehalis which shows a people who both work and live in the same city of 42% ( very much bigger). Comparing people who both work and live in the same city to the United States average of 42%, Grand Mound CDP is approximately a twelfth the size. Also, measured against the state of Washington, people who both work and live in the same city of 37%, Grand Mound CDP is approximately a twelfth the size.

Grand Mound 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. Grand Mound CDP depicts it has the hightest median earnings of $51,477 for the earnings-natural resources, construction, maintenance occupations grouping. Similarly, Figure 47 shows the median earnings of women for the job categories and Grand Mound CDP shows it has the hightest median earnings of $46,991 for the management, business, and financial occupations category. The table in Figure 48, shows Grand Mound CDP employment data in terms of job categories and salary data.

Grand Mound 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. Grand Mound CDP depicts it has the hightest entrepreneurs of 49% for the self employed in production, transportation, and material moving 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. Grand Mound CDP shows it has the hightest entrepreneurs of 49% for the self employed in manufacturing category.

In Figure 51 the average annual self employment/entrepreneur income is shown. Grand Mound CDP depicts it has a Self Employment Income of $28,535 which is the second most average annual self employment income of all the places in the greater Grand Mound CDP region. The place with the highest average annual self employment income in the area is Rochester CDP which depicts an average annual self employment income of $61,679 (about twice as large). Comparing average annual self employment income to the United States average of $39,154, Grand Mound CDP is approximately three-fourths the size. Also, compared with the state of Washington, average annual self employment income of $39,075, Grand Mound 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.) Grand Mound CDP shows total number of self-employed men 18.9% larger as the total number of self-employed women.