Marrowstone CDP Washington Income Charts

This section shows the Marrowstone 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, Marrowstone CDP depicts it has a Median earnings of $80,694 which is more than all other places in the greater Marrowstone CDP region. Comparing median earnings per worker to the United States average of $49,041, Marrowstone CDP is 64.5% larger. Also, in comparison with the state of Washington, median earnings per worker of $56,651, Marrowstone CDP is 42.4% 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 $51,429 which is less than most other places in the area. The place with the highest median household income in the area is Freeland CDP which depicts a median income of $72,669 (41.3% larger). Comparing median household income to the United States average of $62,843, Marrowstone CDP is about 22.2% smaller. Also, versus the state of Washington, median household income of $73,775, Marrowstone CDP is approximately three-fourths the size.

The next section examines a variety of different income statistics for the Marrowstone CDP metropolitan area. In Figure 3 we see that it it has one of the largest proportions of earnings less than $10,000 at 8.5% of the total and is ranked #2. The only larger place being Port Ludlow CDP with 10.1%. Second, it has the smallest proportion of earnings between $10,000 and $14,999 at 2.1% of the total. Third, it has the smallest proportion of earnings between $15,000 and $19,999 at 10.9% of the total. Also, it has the largest proportion of earnings between $50,000 and $74,999 at 12.7% 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 31.6 which is the smallest as measured by average hours of all the other places in the greater region. The place with the highest average hours in the area is Port Hadlock-Irondale CDP which shows an average hours of 39.5 (25.0% 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 $49.11 which is the most of all places in the greater Marrowstone CDP region. Comparing average hourly earnings to the United States average of $24.31, Marrowstone CDP is about twice as large. Also, versus the state of Washington, average hourly earnings of $28.22, Marrowstone CDP is 74.0% larger.

Figure 7 examines the number of self employed people in the Marrowstone CDP metro area based on the number of people who reported any self employment income. Marrowstone CDP depicts it has a Self Employed of 27.6% which is more than all other places in the local area.

Turning our attention to Figure 8, the median household income by age group, has the percentage of median income-45 to 64 years less than most other places in the local area at $44,886 of the total.

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 29.7% which is the second smallest when ranked by households with retirement income of all the other places in the local area. The place with the highest households with retirement income in the area is Hansville CDP which shows a households with retirement income of 49.3% (66.0% 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 in the mid range of other places in the greater region at $76,181 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. Marrowstone CDP shows it has the hightest cost of 208.4 for the cost of housing group.

Marrowstone 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 shows that from February 2010 to before the disasterous COVID-19 Pandemic the monthly unemployment rate went from 9.7% to 2.5% in February 2020. This represents a decrease in the monthly unemployment rate of 74.2%. Since that time, the monthly unemployment rate has gone to 4.2% This represents an increase in the monthly unemployment rate of 68.0%. 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 Wuhan Coronavirus Pandemic the monthly labor force participation went from 21,905 to 24,075 in February 2020. This represents an increase in the monthly labor force participation of 9.9%. Since that time, the monthly labor force participation has gone to 23,068 This represents a decrease in the monthly labor force participation of 4.2%.

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 Marrowstone CDP shows it has a Unemployment Rate of 1.4% which is less than most other places in the local area. The place with the highest unemployment rate in the area is Freeland CDP which depicts a rate of 5.7% (approximately 4.0 times bigger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Marrowstone CDP depicts it has a Labor Force Participation of 44.1% which is in the mid range of other places in the metro area.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Marrowstone CDP depicts full time employees only slightly larger 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 Marrowstone CDP area. Marrowstone CDP indicates it has a Single Earner Families of 34.2% which is the third most families with a single earner of all other places in the greater Marrowstone CDP region. The place with the highest families with a single earner in the area is Hansville CDP which depicts a single earners rate of 47.5% (38.7% larger). The percentage of families with no one working is depicted in Figure 22. Marrowstone CDP shows it has a Families with No One Working of 36.1% which is in the mid point range of other places in the local area. The place with the highest families with no one working in the area is Port Ludlow CDP which shows a families with no worker of 54.6% (51.1% larger).

Marrowstone CDP Washington Poverty Charts

The next section details economy analysis about poverty for residents of the Marrowstone 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. Marrowstone CDP shows it has a Total In Poverty of 138 which is the second smallest in order of total people earning less than the poverty level of all the other places in the metro area. The place with the highest total people earning less than the poverty level in the area is Port Townsend which shows a total people earning less than the poverty level of 1,473 ( substantially bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Marrowstone CDP depicts it has a Percent of Population In Poverty of 16.6% which is the highest of all places in the greater Marrowstone CDP region.

In Figure 25 people who are in poverty are broken out by age group. Marrowstone CDP has the largest proportion of person in poverty 18 to 34 years at 36% of the total and is ranked #1. Second, it has the largest proportion of person in poverty 35 to 54 years at 35% of the total and is ranked #1. Third, it has one of the largest proportions of person in poverty 55 to 64 years at 30% of the total and is ranked #2. The only larger place being Coupeville with 35%.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Marrowstone CDP has the largest proportion of less than highschool in poverty at 37% of the total and is ranked #1. Second, it has the largest proportion of has some college and in poverty at 20% 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. Marrowstone CDP has the percentage of people who are in poverty and unemployed less than most other places in the surrounding region at 7.2% 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.) Marrowstone CDP depicts it has a Public Assistance Percent of 2.4% which is the smallest in terms of households with public assistance of all the other places in the metro area. The place with the highest households with public assistance in the area is Port Hadlock-Irondale CDP which depicts a households with public assistance of 18.3% ( markedly bigger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Marrowstone CDP shows it has a Gini Index of 52.5% which is the largest of all places in the greater Marrowstone CDP region.

Marrowstone 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 Marrowstone 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.) Marrowstone CDP has the largest proportion of people who bicycle or walk to work at 34% 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 Marrowstone CDP or elsewhere.) Marrowstone CDP has the smallest proportion of people who drove alone at 50% of the total. Second, it has the largest proportion of people who work from home at 34% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Marrowstone CDP has the largest proportion of people who leave for work between 630 am to 7am at 18% of the total and is ranked #1. Second, it has the largest proportion of people who leave for work between 830 am to 9am at 13% of the total and is ranked #1. Third, it has the largest proportion of people who leave for work between 12noon to 4pm at 8% 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. Marrowstone CDP has the smallest proportion of people with commute time of less than 5 minutesutes at 4% of the total. Second, it has the second smallest in order of people with commute time of less than 5 minutes of all the other places in the surrounding region when sorted by people with commute time between 5 to 9 minutes at 4% of the total. Third, it has the largest proportion of people with commute time between 20 to 24 minutes at 14% of the total and is ranked #1.

The average commute time is shown in Figure 37. Marrowstone CDP depicts it has a Avg Commute Time of 42 which is the second most of all the places in the local area. Figure 38 shows the difference between male versus female commuting time. Marrowstone CDP shows average commute time in minutes for men 13.2% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Marrowstone CDP has one of the largest proportions of no vehicle available at 30% of the total and is ranked #3. Only #2 Port Townsend (31%), and #1 Coupeville (36%) are larger. Second, it has the second smallest in terms of no vehicle available of all the other places in the greater region when ranked by 1 vehicle available at 34% of the total. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Marrowstone CDP depicts it has a Work in city or place where live of 43% which is the third most people who both work and live in the same city of all other places in the greater Marrowstone CDP region. The place with the highest people who both work and live in the same city in the area is Port Townsend which depicts a people who both work and live in the same city of 76% (79.2% larger). Comparing people who both work and live in the same city to the United States average of 42%, Marrowstone CDP is only slightly larger. Also, in comparison with the state of Washington, people who both work and live in the same city of 37%, Marrowstone CDP is 15.5% larger.

Marrowstone CDP Washington Jobs Charts

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

Marrowstone 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. Marrowstone CDP shows it has the hightest entrepreneurs of 53% for the self employed management, business, science, and arts businesses aggregate.

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. Marrowstone CDP depicts it has the hightest entrepreneurs of 47% for the self employed in manufacturing category.

In Figure 51 the average annual self employment/entrepreneur income is shown. Marrowstone CDP shows it has a Self Employment Income of $11,796 which is the smallest when ranked by average annual self employment income of all the other places in the local area. The place with the highest average annual self employment income in the area is Coupeville which depicts an average annual self employment income of $58,174 (approximately 4.9 times bigger). Comparing average annual self employment income to the United States average of $39,154, Marrowstone CDP is approximately a third the size. Also, compared to the state of Washington, average annual self employment income of $39,075, Marrowstone CDP is approximately a third the size.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Marrowstone CDP depicts total number of self-employed men approximately 2.5 times bigger as the total number of self-employed women.