Keyport CDP Washington Income Charts

This section shows the Keyport 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, Keyport CDP depicts it has a Median earnings of $43,750 which is the second smallest when sorted by median earnings per worker of all the other places in the metro area. The place with the highest median earnings per worker in the area is Poulsbo which indicates a median earnings of $62,962 (43.9% larger). Comparing median earnings per worker to the United States average of $49,041, Keyport CDP is about 12.1% smaller. Also, compared with the state of Washington, median earnings per worker of $56,651, Keyport 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 $48,319 which is the smallest in order of median household income of all the other places in the local area. The place with the highest median household income in the area is Silverdale CDP which depicts a median income of $77,299 (60.0% larger). Comparing median household income to the United States average of $62,843, Keyport CDP is approximately three-fourths the size. Also, in comparison with the state of Washington, median household income of $73,775, Keyport CDP is approximately three-fourths the size.

The next section examines a variety of different income statistics for the Keyport CDP metropolitan area. In Figure 3 we see that it has the smallest proportion of earnings less than $10,000 at 2.8% of the total. Second, it has one of the largest proportions of earnings between $15,000 and $19,999 at 57.1% of the total and is ranked #2. The only larger place being Bangor Base CDP with 72.3%.

Figure 5 has the Average number of hours worked in a typical work week during the year, it has a Avg Hours Worked of 49.8 which is the second most average hours of all the places in the greater Keyport CDP region. The place with the highest average hours in the area is Bangor Base CDP which shows an average hours of 68.1 (36.7% 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 $16.89 which is the second smallest when ranked by average hourly earnings of all the other places in the local area. The place with the highest average hourly earnings in the area is Poulsbo which depicts an average hourly earnings of $30.73 (about twice as large). Comparing average hourly earnings to the United States average of $24.31, Keyport CDP is approximately three-fourths the size. Also, in contrast to the state of Washington, average hourly earnings of $28.22, Keyport CDP is approximately three-fourths the size.

Turning our attention to Figure 8, the median household income by age group, has the smallest proportion of median income-under 25 years at $34,071 of the total. Second, it has the largest proportion of median income-45 to 64 years at $89,063 of the total and is ranked #1.

Figure 9 breaks down the source of income and Keyport CDP has the largest proportion of self employment income at 25.1% 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 41.4% which is the largest of all places in the greater Keyport CDP region.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Keyport CDP shows it has the hightest cost of 132.4 for the cost of housing classification.

Keyport 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 Coronavirus Pandemic the monthly unemployment rate went from 11.3% to 5.0% in February 2020. This represents a decrease in the monthly unemployment rate of 55.8%. Since that time, the monthly unemployment rate has gone to 6.9% This represents an increase in the monthly unemployment rate of 38.0%. 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 shows that from February 2010 to before the disasterous COVID Pandemic the monthly labor force participation went from 17,002 to 18,694 in February 2020. This represents an increase in the monthly labor force participation of 10.0%. Since that time, the monthly labor force participation has gone to 19,430 This represents an increase in the monthly labor force participation of 3.9%. Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Keyport CDP depicts it has a Labor Force Participation of 79.8% which is the second most participation rates of all the places in the greater Keyport 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). Keyport CDP has the percentage of unemployed the second smallest when sorted by employed of all the other places in the metro area at 20.2% of the total.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Keyport CDP depicts full time employees markedly 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 Keyport CDP area. Keyport CDP shows it has a Single Earner Families of 15.3% which is the smallest as measured by families with a single earner of all the other places in the metro area. The place with the highest families with a single earner in the area is Bangor Base CDP which shows a single earners rate of 47.2% (approximately 3.1 times bigger).

Keyport CDP Washington Poverty Charts

The next section details economy analysis about poverty for residents of the Keyport 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. Keyport CDP shows it has a Total In Poverty of 8 which is the smallest in terms of total people earning less than the poverty level of all the other places in the area. The place with the highest total people earning less than the poverty level in the area is Silverdale CDP which shows a total people earning less than the poverty level of 1,245 ( 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. Keyport CDP shows it has a Percent of Population In Poverty of 1.9% which is the smallest as measured by percent of people earning less than the poverty level of all the other places in the greater region. The place with the highest percent of people earning less than the poverty level in the area is Bangor Base CDP which shows a percent of people in poverty of 11.5% ( appreciably bigger).

In Figure 25 people who are in poverty are broken out by age group. Keyport CDP has the largest proportion of person in poverty 35 to 54 years at 100% of the total and is ranked #1. Figure 29 looks at only those people who make less than the poverty level of income and breaks down there employment status. Keyport CDP has the largest proportion of people who are in poverty and unemployed at 100.0% of the total and is ranked #1. 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.) Keyport CDP depicts it has a Public Assistance Percent of 3.8% which is the smallest when sorted by households with public assistance of all the other places in the surrounding region. The place with the highest households with public assistance in the area is Suquamish CDP which depicts a households with public assistance of 10.7% (approximately 2.8 times bigger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Keyport CDP depicts it has a Gini Index of 33.1% which is less than most other places in the greater region.

Keyport CDP Washington Work Commute Charts

Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Keyport CDP or elsewhere.) Keyport CDP has the largest proportion of people who drove alone at 91% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Keyport CDP has the smallest proportion of people who leave for work between 530 am to 6am at 6% of the total. Second, it has the largest proportion of people who leave for work between 6am to 630am at 19% of the total and is ranked #1. Third, it has the largest proportion of people who leave for work between 630 am to 7am at 19% of the total and is ranked #1. Also, it has the largest proportion of people who leave for work between 730 am to 8am at 17% of the total and is ranked #1. In addition, it has the largest proportion of people who leave for work between 10am to 11am at 3% of the total and is ranked #1. Furthermore, it has the largest proportion of people who leave for work between 12noon to 4pm at 10% 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. Keyport CDP has the largest proportion of people with commute time between 5 to 9 minutes at 26% of the total and is ranked #1. Second, it has one of the largest proportions of people with commute time between 10 to 14 minutes at 23% of the total and is ranked #2. The only larger place being Tracyton CDP with 24%. Third, it has the largest proportion of people with commute time between 15 to 19 minutes at 22% of the total and is ranked #1. Also, it has the largest proportion of people with commute time between 25 to 29 minutes at 22% of the total and is ranked #1.

The average commute time is shown in Figure 37. Keyport CDP depicts it has a Avg Commute Time of 19 which is the smallest in terms of average commute time of all the other places in the greater region. Figure 38 shows the difference between male versus female commuting time. Keyport CDP depicts average commute time in minutes for men 44.4% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Keyport CDP has the percentage of 1 vehicle available less than most other places in the metro area at 43% of the total. Second, it has the second smallest in terms of no vehicle available of all the other places in the area as measured by 2 vehicles available at 15% of the total. Third, it has the largest proportion of 3 vehicles available at 20% of the total and is ranked #1. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Keyport CDP depicts it has a Work in city or place where live of 12% which is the second 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 Bangor Base CDP which shows a people who both work and live in the same city of 70% ( considerably bigger). Comparing people who both work and live in the same city to the United States average of 42%, Keyport CDP is approximately a third the size. Also, compared to the state of Washington, people who both work and live in the same city of 37%, Keyport CDP is approximately a third the size.

Keyport 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. Keyport CDP depicts it has the hightest median earnings of $32,788 for the earnings-sales and office occupations group. The table in Figure 48, shows Keyport CDP employment data in terms of job categories and salary data.