Lake Roesiger CDP Washington Income Charts

This section shows the Lake Roesiger 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 Roesiger CDP shows it has a Median earnings of $76,616 which is in the mid range of other places in the surrounding region. The place with the highest median earnings per worker in the area is Lake Bosworth CDP which shows a median earnings of $97,311 (27.0% larger). Comparing median earnings per worker to the United States average of $49,041, Lake Roesiger CDP is 56.2% larger. Also, benchmarked against the state of Washington, median earnings per worker of $56,651, Lake Roesiger CDP is 35.2% 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 $72,139 which is the smallest in terms of median household income of all the other places in the metro area. The place with the highest median household income in the area is Three Lakes CDP which shows a median income of $119,583 (65.8% larger). Comparing median household income to the United States average of $62,843, Lake Roesiger CDP is 14.8% larger. Also, versus the state of Washington, median household income of $73,775, Lake Roesiger CDP is only about 2.3% smaller.

The next section examines a variety of different income statistics for the Lake Roesiger CDP metropolitan area. In Figure 3 we see that it it has one of the largest proportions of earnings between $15,000 and $19,999 at 30.8% of the total and is ranked #2. The only larger place being North Sultan CDP with 37.4%. Second, it has the largest proportion of earnings between $50,000 and $74,999 at 23.8% 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 40.7 which is more than all other places in the greater region. 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 $36.20 which is in the center range of other places in the greater region. The place with the highest average hourly earnings in the area is Lake Bosworth CDP which shows an average hourly earnings of $47.02 (29.9% larger). Comparing average hourly earnings to the United States average of $24.31, Lake Roesiger CDP is 48.9% larger. Also, compared with the state of Washington, average hourly earnings of $28.22, Lake Roesiger CDP is 28.3% larger.

Figure 7 examines the number of self employed people in the Lake Roesiger CDP metro area based on the number of people who reported any self employment income. Lake Roesiger CDP shows it has a Self Employed of 13.8% which is in the mid point range of other places in the metro area. The place with the highest percentage of people self employed in the area is Machias CDP which depicts a percentage self employed of 23.2% (67.9% larger).

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 local area at $76,563 of the total. Second, it has the largest proportion of median income-25 to 44 years at $199,250 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 13.1% which is the second smallest in order of households with retirement income of all the other places in the greater region. The place with the highest households with retirement income in the area is Chain Lake CDP which shows a households with retirement income of 32.7% (approximately 2.5 times bigger).

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 Roesiger CDP depicts it has the hightest cost of 257.2 for the cost of housing group.

Lake Roesiger 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 5.9% to 2.8% in February 2020. This represents a decrease in the monthly unemployment rate of 52.5%. Since that time, the monthly unemployment rate has gone to 5.3% This represents an increase in the monthly unemployment rate of 89.3%. 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 disasterous Coronavirus Pandemic the monthly labor force participation went from 14,273 to 18,021 in February 2020. This represents an increase in the monthly labor force participation of 26.3%. Since that time, the monthly labor force participation has gone to 17,417 This represents a decrease in the monthly labor force participation of 3.4%.

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 Roesiger CDP indicates it has a Unemployment Rate of 7.2% which is the largest of all places in the metro area. Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Lake Roesiger CDP shows it has a Labor Force Participation of 62.4% which is the smallest in order of participation rate of all the other places in the metro area.

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). Lake Roesiger CDP has the largest proportion of employed at 7.2% of the total and is ranked #1. Second, it has the largest proportion of unemployed at 37.6% of the total and is ranked #1.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Lake Roesiger CDP shows full time employees approximately 4.2 times bigger as the part time employees.

The percentage of families with no one working is depicted in Figure 22. Lake Roesiger CDP depicts it has a Families with No One Working of 31.5% which is the largest of all places in the greater Lake Roesiger CDP region.

Lake Roesiger CDP Washington Poverty Charts

The next section details economy analysis about poverty for residents of the Lake Roesiger 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 Roesiger CDP shows it has a Total In Poverty of 91 which is the third most total people earning less than the poverty level of all other places in the greater Lake Roesiger CDP region. The place with the highest total people earning less than the poverty level in the area is Woods Creek CDP which depicts a total people earning less than the poverty level of 317 (approximately 3.5 times bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Lake Roesiger CDP depicts it has a Percent of Population In Poverty of 14.0% which is the largest of all places in the greater Lake Roesiger CDP region.

In Figure 25 people who are in poverty are broken out by age group. Lake Roesiger CDP has the largest proportion of person in poverty 18 to 34 years at 49% of the total and is ranked #1. Second, it has less than most other places in the local area when ranked by person in poverty 35 to 54 years at 13% of the total. Third, it has one of the largest proportions of person in poverty 55 to 64 years at 22% of the total and is ranked #2. The only larger place being Three Lakes CDP with 28%.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Lake Roesiger CDP has the largest proportion of less than highschool in poverty at 24% 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. Lake Roesiger CDP has the largest proportion of people who are in poverty and employed at 49.5% of the total and is ranked #1. Second, it has the smallest proportion of people who are in poverty and unemployed at 13.2% 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.) Lake Roesiger CDP depicts it has a Public Assistance Percent of 17.6% which is the second most households with public assistance of all the places in the greater Lake Roesiger CDP region. The place with the highest households with public assistance in the area is Lake Bosworth CDP which depicts a households with public assistance of 24.6% (39.3% larger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Lake Roesiger CDP depicts it has a Gini Index of 40.1% which is the largest of all places in the greater Lake Roesiger CDP region.

Lake Roesiger 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 Lake Roesiger 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.) Lake Roesiger CDP has the largest proportion of people who take public transportation to work at 18% 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 Lake Roesiger CDP or elsewhere.) Lake Roesiger CDP has the percentage of people who drove alone the second smallest when ranked by people who drove alone of all the other places in the local area at 77% of the total. Second, it has the largest proportion of people who walked at 18% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Lake Roesiger CDP has the largest proportion of people who leave for work between 12am to 5am at 13% of the total and is ranked #1. Second, it has the largest proportion of people who leave for work between 5am to 530am at 18% of the total and is ranked #1. Third, it has the largest proportion of people who leave for work between 830 am to 9am at 15% 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. Lake Roesiger CDP has the largest proportion of people with commute time between 30 to 34 minutes at 15% of the total and is ranked #1. Second, it has the largest proportion of people with commute time between 45 to 59 minutes at 21% of the total and is ranked #1.

The average commute time is shown in Figure 37. Lake Roesiger CDP shows it has a Avg Commute Time of 38 which is in the middle range of other places in the greater region. Figure 38 shows the difference between male versus female commuting time. Lake Roesiger CDP depicts average commute time in minutes for men 16.3% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Lake Roesiger CDP has the largest proportion of no vehicle available at 12% of the total and is ranked #1. Second, it has one of the largest proportions of 1 vehicle available at 28% of the total and is ranked #3. Only #2 Woods Creek CDP (30%), and #1 Chain Lake CDP (32%) are larger. Third, it has the smallest proportion of 3 vehicles available at 6% of the total. Also, it has one of the largest proportions of 4 vehicles available at 27% of the total and is ranked #3. Only #2 North Sultan CDP (46%), and #1 Machias CDP (54%) are larger. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Lake Roesiger CDP depicts it has a Work in city or place where live of 9% which is the second most of all the places in the local area. The place with the highest people who both work and live in the same city in the area is Woods Creek CDP which depicts a people who both work and live in the same city of 10% (12.6% larger). Comparing people who both work and live in the same city to the United States average of 42%, Lake Roesiger CDP is approximately a fifth the size. Also, in contrast to the state of Washington, people who both work and live in the same city of 37%, Lake Roesiger CDP is approximately a quarter the size.

Lake Roesiger CDP Washington Jobs Charts

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

Lake Roesiger CDP Washington Self Employment Charts

In Figure 51 the average annual self employment/entrepreneur income is shown. Lake Roesiger CDP shows it has a Self Employment Income of $29,312 which is less than most other places in the metro area. The place with the highest average annual self employment income in the area is Lake Bosworth CDP which depicts an average annual self employment income of $80,734 (approximately 2.8 times bigger). Comparing average annual self employment income to the United States average of $39,154, Lake Roesiger CDP is approximately three-fourths the size. Also, benchmarked against the state of Washington, average annual self employment income of $39,075, Lake Roesiger CDP is approximately three-fourths the size.