Lake Morton-Berrydale CDP Washington Income Charts

This section shows the Lake Morton-Berrydale 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, Lake Morton-Berrydale CDP depicts it has a Median earnings of $68,861 which is in the center range of other places in the metro area. The place with the highest median earnings per worker in the area is Maple Valley which shows a median earnings of $79,672 (15.7% larger). Comparing median earnings per worker to the United States average of $49,041, Lake Morton-Berrydale CDP is 40.4% larger. Also, measured against the state of Washington, median earnings per worker of $56,651, Lake Morton-Berrydale CDP is 21.6% 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 $102,458 which is the second smallest in terms of median household income of all the other places in the greater region. The place with the highest median household income in the area is Lake Holm CDP which depicts a median income of $132,386 (29.2% larger). Comparing median household income to the United States average of $62,843, Lake Morton-Berrydale CDP is 63.0% larger. Also, benchmarked against the state of Washington, median household income of $73,775, Lake Morton-Berrydale CDP is 38.9% larger.

The next section examines a variety of different income statistics for the Lake Morton-Berrydale CDP metropolitan area. In Figure 3 we see that it it has one of the largest proportions of earnings less than $10,000 at 5.6% of the total and is ranked #2. The only larger place being Black Diamond with 7.3%.

Figure 5 has the Average number of hours worked in a typical work week during the year, it has a Avg Hours Worked of 39.1 which is the third most average hours of all other places in the greater Lake Morton-Berrydale CDP region. The place with the highest average hours in the area is Shadow Lake CDP which depicts an average hours of 39.8 ( 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 $33.87 which is in the mid range of other places in the area. The place with the highest average hourly earnings in the area is Black Diamond which depicts an average hourly earnings of $39.99 (18.1% larger). Comparing average hourly earnings to the United States average of $24.31, Lake Morton-Berrydale CDP is 39.3% larger. Also, in comparison with the state of Washington, average hourly earnings of $28.22, Lake Morton-Berrydale CDP is 20.0% larger.

Figure 7 examines the number of self employed people in the Lake Morton-Berrydale CDP metro area based on the number of people who reported any self employment income. Lake Morton-Berrydale CDP shows it has a Self Employed of 12.1% which is in the mid range of other places in the local area. The place with the highest percentage of people self employed in the area is Shadow Lake CDP which depicts a percentage self employed of 25.4% (about twice as large).

Turning our attention to Figure 8, the median household income by age group, has the percentage of median income-under 25 years the second smallest in order of median income for those under 25 years of age of all the other places in the local area at $94,632 of the total. Second, it has in the mid range of other places in the area in order of median income-25 to 44 years at $119,500 of the total. Third, it has one of the largest proportions of median income-45 to 64 years at $74,178 of the total and is ranked #2. The only larger place being Lake Holm CDP with $102,868.

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 26.3% which is the third most households with retirement income of all other places in the greater Lake Morton-Berrydale CDP region. The place with the highest households with retirement income in the area is Shadow Lake CDP which depicts a households with retirement income of 29.7% (13.1% 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 when sorted by overall family income of all the other places in the local area at $108,714 of the total. Second, it has one of the largest proportions of american indian family income at $182,634 of the total and is ranked #3. Only #2 Lake Holm CDP ($245,719), and #1 Shadow Lake CDP ($250,001) are larger. Third, it has in the mid point range of other places in the metro area when ranked by hawaiian family income at $46,461 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. Lake Morton-Berrydale CDP shows it has the hightest cost of 185.3 for the cost of housing grouping.

Lake Morton-Berrydale 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 indicates that from February 2010 to before the Coronavirus Pandemic the monthly unemployment rate went from 9.7% to 3.3% in February 2020. This represents a decrease in the monthly unemployment rate of 66.0%. Since that time, the monthly unemployment rate has gone to 5.8% This represents an increase in the monthly unemployment rate of 75.8%. 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 depicts that from February 2010 to before the Wuhan Coronavirus/COVID Pandemic the monthly labor force participation went from 36,294 to 43,610 in February 2020. This represents an increase in the monthly labor force participation of 20.2%. Since that time, the monthly labor force participation has gone to 42,540 This represents a decrease in the monthly labor force participation of 2.5%.

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 Lake Morton-Berrydale CDP shows it has a Unemployment Rate of 2.4% which is in the mid range of other places in the local area. The place with the highest unemployment rate in the area is Maple Valley which depicts a rate of 3.9% (63.7% larger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Lake Morton-Berrydale CDP depicts it has a Labor Force Participation of 66.6% which is the second smallest when sorted by participation rate of all the other places in the greater region.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Lake Morton-Berrydale CDP depicts full time employees approximately 3.5 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 Lake Morton-Berrydale CDP area. Lake Morton-Berrydale CDP shows it has a Single Earner Families of 30.8% which is at the top of all other places in the greater Lake Morton-Berrydale CDP region. The percentage of families with no one working is depicted in Figure 22. Lake Morton-Berrydale CDP depicts it has a Families with No One Working of 17.3% which is the third most of all other places in the greater region. The place with the highest families with no one working in the area is Lake Holm CDP which depicts a families with no worker of 18.1% (only about 4.6% larger).

Lake Morton-Berrydale CDP Washington Poverty Charts

The next section details economy analysis about poverty for residents of the Lake Morton-Berrydale 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. Lake Morton-Berrydale CDP shows it has a Total In Poverty of 789 which is in the mid range of other places in the local area. The place with the highest total people earning less than the poverty level in the area is Auburn which depicts a total people earning less than the poverty level of 8,460 ( 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. Lake Morton-Berrydale CDP depicts it has a Percent of Population In Poverty of 7.2% which is the second most percent of people earning less than the poverty level of all the places in the greater Lake Morton-Berrydale CDP region. The place with the highest percent of people earning less than the poverty level in the area is Auburn which depicts a percent of people in poverty of 10.7% (48.2% larger).

In Figure 25 people who are in poverty are broken out by age group. Lake Morton-Berrydale CDP has one of the largest proportions of person in poverty under 12 years at 16% of the total and is ranked #2. The only larger place being Maple Valley with 20%. Second, it has one of the largest proportions of person in poverty 18 to 34 years at 23% of the total and is ranked #2. The only larger place being Maple Valley with 25%. Third, it has the smallest proportion of person in poverty 35 to 54 years at 6% of the total.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Lake Morton-Berrydale CDP has the percentage of white poverty rate in the mid point range of other places in the local area at 1% of the total. Second, it has one of the largest proportions of american indian poverty rate at 15% of the total and is ranked #2. The only larger place being Black Diamond with 17%. Third, it has the largest proportion of hawaiian poverty rate at 23% of the total and is ranked #1.

Figure 27 shows key poverty statistics for groups based on marriage status. Lake Morton-Berrydale CDP has one of the largest proportions of married with children and in poverty at 24% of the total and is ranked #2. The only larger place being Auburn with 34%. Second, it has one of the largest proportions of unmarried with children and in poverty at 37% of the total and is ranked #2. The only larger place being Auburn with 39%. 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.) Lake Morton-Berrydale CDP shows it has a Public Assistance Percent of 5.0% which is in the mid range of other places in the metro area. The place with the highest households with public assistance in the area is Auburn which shows a households with public assistance of 15.6% (approximately 3.2 times bigger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Lake Morton-Berrydale CDP depicts it has a Gini Index of 39.9% which is the third most the gini index of all other places in the greater Lake Morton-Berrydale CDP region.

Lake Morton-Berrydale CDP Washington Work Commute Charts

Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Lake Morton-Berrydale CDP or elsewhere.) Lake Morton-Berrydale 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 carpooled at 6% of the total.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Lake Morton-Berrydale CDP has the largest proportion of people who leave for work between 12am to 5am at 9% of the total and is ranked #1. Second, it has the smallest proportion of people who leave for work between 5am to 530am at 6% of the total. Third, it has the smallest proportion of people who leave for work between 530 am to 6am at 9% of the total. Also, it has the smallest proportion of people who leave for work between 12noon to 4pm at 4% of the total.

The next graph in Figure 36 shows the average number of minutes that it takes for people to commute to work. Lake Morton-Berrydale CDP has the smallest proportion of people with commute time of less than 5 minutesutes at 3% of the total. Second, it has less than most other places in the metro area in terms of people with commute time between 5 to 9 minutes at 4% of the total. Third, it has the smallest proportion of people with commute time between 20 to 24 minutes at 5% of the total. Also, it has the largest proportion of people with commute time between 40 to 44 minutes at 21% of the total and is ranked #1. In addition, it has the smallest proportion of people with commute time between 45 to 59 minutes at 11% of the total.

The average commute time is shown in Figure 37. Lake Morton-Berrydale CDP shows it has a Avg Commute Time of 39 which is the second most average commute time of all the places in the greater Lake Morton-Berrydale CDP region. Figure 38 shows the difference between male versus female commuting time. Lake Morton-Berrydale CDP depicts average commute time in minutes for men 50.0% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Lake Morton-Berrydale CDP has the percentage of no vehicle available the second smallest in order of no vehicle available of all the other places in the greater region at 7% of the total. Second, it has the second smallest in order of no vehicle available of all the other places in the metro area in order of 1 vehicle available at 30% of the total. Third, it has the largest proportion of 3 vehicles available at 22% of the total and is ranked #1. Also, it has one of the largest proportions of 4 vehicles available at 12% of the total and is ranked #3. Only #2 Black Diamond (15%), and #1 Shadow Lake CDP (20%) are larger. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Lake Morton-Berrydale CDP depicts it has a Work in city or place where live of 12% which is in the middle range of other places in the metro area. The place with the highest people who both work and live in the same city in the area is Auburn which shows a people who both work and live in the same city of 25% (about twice as large). Comparing people who both work and live in the same city to the United States average of 42%, Lake Morton-Berrydale CDP is approximately a third the size. Also, in comparison with the state of Washington, people who both work and live in the same city of 37%, Lake Morton-Berrydale CDP is approximately a third the size.

Lake Morton-Berrydale 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. Lake Morton-Berrydale CDP shows it has the hightest median earnings of $108,438 for the earnings-protective service occupations group. Similarly, Figure 47 shows the median earnings of women for the job categories and Lake Morton-Berrydale CDP shows it has the hightest median earnings of $87,750 for the earnings-healthcare practitioners and tech occupations group. The table in Figure 48, shows Lake Morton-Berrydale CDP employment data in terms of job categories and salary data.

Lake Morton-Berrydale 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. Lake Morton-Berrydale CDP depicts it has the hightest entrepreneurs of 48% for the self employed management, business, science, and arts 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. Lake Morton-Berrydale CDP shows it has the hightest entrepreneurs of 26% for the self employed in construction group.

In Figure 51 the average annual self employment/entrepreneur income is shown. Lake Morton-Berrydale CDP depicts it has a Self Employment Income of $45,816 which is the third most of all other places in the greater region. The place with the highest average annual self employment income in the area is Lake Holm CDP which depicts an average annual self employment income of $60,937 (33.0% larger). Comparing average annual self employment income to the United States average of $39,154, Lake Morton-Berrydale CDP is 17.0% larger. Also, in comparison with the state of Washington, average annual self employment income of $39,075, Lake Morton-Berrydale CDP is 17.3% larger.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Lake Morton-Berrydale CDP shows total number of self-employed men about twice as large as the total number of self-employed women.