Mirrormont CDP Washington Income Charts

This section shows the Mirrormont 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, Mirrormont CDP shows it has a Median earnings of $83,482 which is the third most median earnings of all other places in the greater Mirrormont CDP region. The place with the highest median earnings per worker in the area is Maple Heights-Lake Desire CDP which shows a median earnings of $93,179 (11.6% larger). Comparing median earnings per worker to the United States average of $49,041, Mirrormont CDP is 70.2% larger. Also, measured against the state of Washington, median earnings per worker of $56,651, Mirrormont CDP is 47.4% 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 $125,453 which is the most of all places in the metro area. Comparing median household income to the United States average of $62,843, Mirrormont CDP is about twice as large. Also, in comparison with the state of Washington, median household income of $73,775, Mirrormont CDP is 70.0% larger.

Figure 5 has the Average number of hours worked in a typical work week during the year, it has a Avg Hours Worked of 40.0 which is the largest of all places in the greater Mirrormont CDP 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 $40.14 which is in the mid range of other places in the metro area. The place with the highest average hourly earnings in the area is Maple Heights-Lake Desire CDP which shows an average hourly earnings of $46.30 (15.4% larger). Comparing average hourly earnings to the United States average of $24.31, Mirrormont CDP is 65.1% larger. Also, in contrast to the state of Washington, average hourly earnings of $28.22, Mirrormont CDP is 42.2% larger.

Figure 7 examines the number of self employed people in the Mirrormont CDP metro area based on the number of people who reported any self employment income. Mirrormont CDP shows it has a Self Employed of 19.5% which is the second most of all the places in the surrounding region. The place with the highest percentage of people self employed in the area is Shadow Lake CDP which shows a percentage self employed of 25.4% (30.2% larger).

Turning our attention to Figure 8, the median household income by age group, has the percentage of median income-under 25 years in the center range of other places in the metro area at $130,000 of the total. Second, it has the largest proportion of median income-25 to 44 years at $131,211 of the total and is ranked #1. Third, it has the largest proportion of median income-45 to 64 years at $109,107 of the total and is ranked #1.

Figure 9 breaks down the source of income and Mirrormont CDP has the largest proportion of self employment income at 18.0% 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 30.8% which is ranked #1 of all places in the greater Mirrormont CDP region.

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 $132,266 of the total and is ranked #2. The only larger place being Shadow Lake CDP with $134,545. Second, it has the second smallest in terms of overall family income of all the other places in the metro area as measured by american indian family income at $122,917 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. Mirrormont CDP depicts it has the hightest cost of 269.9 for the cost of housing classification.

Mirrormont 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 Wuhan Coronavirus/COVID Pandemic the monthly unemployment rate went from 6.2% to 2.2% in February 2020. This represents a decrease in the monthly unemployment rate of 64.5%. Since that time, the monthly unemployment rate has gone to 3.6% This represents an increase in the monthly unemployment rate of 63.6%. 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 16,687 to 22,751 in February 2020. This represents an increase in the monthly labor force participation of 36.3%. Since that time, the monthly labor force participation has gone to 21,746 This represents a decrease in the monthly labor force participation of 4.4%.

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 Mirrormont CDP shows it has a Unemployment Rate of 2.4% which is the second smallest as measured by unemployment rate of all the other places in the metro area. The place with the highest unemployment rate in the area is Maple Valley which shows a rate of 3.9% (62.1% larger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Mirrormont CDP depicts it has a Labor Force Participation of 59.2% which is the smallest when ranked by participation rate of all the other places in the 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). Mirrormont CDP has the largest proportion of unemployed at 40.8% 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. Mirrormont CDP depicts full time employees approximately 3.9 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 Mirrormont CDP area. Mirrormont CDP shows it has a Single Earner Families of 34.4% which is the highest of all places in the local area. The percentage of families with no one working is depicted in Figure 22. Mirrormont CDP depicts it has a Families with No One Working of 19.1% which is the highest of all places in the greater Mirrormont CDP region.

Mirrormont CDP Washington Poverty Charts

The next section details economy analysis about poverty for residents of the Mirrormont 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. Mirrormont CDP depicts it has a Total In Poverty of 124 which is the second smallest when sorted by total people earning less than the poverty level of all the other places in the local area. The place with the highest total people earning less than the poverty level in the area is Issaquah which shows a total people earning less than the poverty level of 2,928 ( markedly bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Mirrormont CDP depicts it has a Percent of Population In Poverty of 3.3% which is the second smallest in order of percent of people earning less than the poverty level of all the other places in the local area. The place with the highest percent of people earning less than the poverty level in the area is Issaquah which depicts a percent of people in poverty of 7.8% (approximately 2.4 times bigger).

In Figure 25 people who are in poverty are broken out by age group. Mirrormont CDP has the largest proportion of person in poverty under 12 years at 33% of the total and is ranked #1. Second, it has the second smallest as measured by person in poverty under 12 years of all the other places in the area when sorted by person in poverty 12 to 17 years at 9% of the total. Third, it has the largest proportion of person in poverty 18 to 34 years at 37% of the total and is ranked #1. Also, it has less than most other places in the metro area in terms of person in poverty 55 to 64 years at 6% of the total.

Figure 27 shows key poverty statistics for groups based on marriage status. Mirrormont CDP has the largest proportion of married with children and in poverty at 49% of the total and is ranked #1. Second, it has one of the largest proportions of unmarried with children and in poverty at 22% of the total and is ranked #3. Only #2 Issaquah (29%), and #1 Maple Heights-Lake Desire CDP (100%) are larger. Third, it has the largest proportion of unmarried female with children and in poverty at 79% of the total and is ranked #1.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Mirrormont CDP has the smallest proportion of less than highschool in poverty at 2% of the total. Second, it has the smallest proportion of highschool graduate and in poverty at 1% of the total. Figure 29 looks at only those people who make less than the poverty level of income and breaks down there employment status. Mirrormont CDP has the largest proportion of people who are in poverty and unemployed at 43.5% 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.) Mirrormont CDP depicts it has a Public Assistance Percent of 2.0% which is the second smallest when ranked by 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 Issaquah which shows a households with public assistance of 5.1% (approximately 2.5 times bigger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Mirrormont CDP depicts it has a Gini Index of 35.0% which is the second smallest in order of the gini index of all the other places in the local area.

Mirrormont 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 Mirrormont 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.) Mirrormont CDP has the largest proportion of people who bicycle or walk to work at 12% 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 Mirrormont CDP or elsewhere.) Mirrormont CDP has the smallest proportion of people who carpooled at 7% of the total. Second, it has the largest proportion of people who bike at 1% of the total and is ranked #1. Third, it has the largest proportion of people who work from home at 12% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Mirrormont CDP has the largest proportion of people who leave for work between 8am to 830am at 7% of the total and is ranked #1. Second, it has the largest proportion of people who leave for work between 10am to 11am at 3% of the total and is ranked #1. Third, it has the smallest proportion of people who leave for work between 12noon to 4pm at 1% of the total.

The next graph in Figure 36 shows the average number of minutes that it takes for people to commute to work. Mirrormont CDP has the percentage of people with commute time of less than 5 minutesutes less than most other places in the greater region at 3% of the total. Second, it has the second smallest when sorted by people with commute time of less than 5 minutes of all the other places in the metro area in terms of people with commute time between 5 to 9 minutes at 3% of the total. Third, it has the second smallest in order of people with commute time of less than 5 minutes of all the other places in the greater region in order of people with commute time between 10 to 14 minutes at 3% of the total. Also, it has the largest proportion of people with commute time between 30 to 34 minutes at 8% of the total and is ranked #1. In addition, it has the largest proportion of people with commute time between 35 to 39 minutes at 10% of the total and is ranked #1. Furthermore, it has the largest proportion of people with commute time between 40 to 44 minutes at 24% of the total and is ranked #1.

The average commute time is shown in Figure 37. Mirrormont CDP depicts it has a Avg Commute Time of 39 which is the second most of all the places in the local area. Figure 38 shows the difference between male versus female commuting time. Mirrormont CDP depicts average commute time in minutes for men 49.5% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Mirrormont CDP has the percentage of no vehicle available the second smallest as measured by no vehicle available of all the other places in the surrounding region at 5% of the total. Second, it has less than most other places in the local area in terms of 1 vehicle available at 28% of the total. Third, it has the largest proportion of 2 vehicles available at 34% of the total and is ranked #1. Also, it has one of the largest proportions of 3 vehicles available at 15% of the total and is ranked #2. The only larger place being Shadow Lake CDP with 21%. In addition, it has one of the largest proportions of 4 vehicles available at 16% of the total and is ranked #3. Only #2 Shadow Lake CDP (20%), and #1 Hobart CDP (20%) are larger. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Mirrormont CDP depicts it has a Work in city or place where live of 18% which is the second most people who both work and live in the same city of all the places in the greater Mirrormont CDP region. The place with the highest people who both work and live in the same city in the area is Issaquah which shows a people who both work and live in the same city of 28% (57.3% larger). Comparing people who both work and live in the same city to the United States average of 42%, Mirrormont CDP is approximately half the size. Also, versus the state of Washington, people who both work and live in the same city of 37%, Mirrormont CDP is approximately half the size.

Mirrormont 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. Mirrormont CDP depicts it has the hightest median earnings of $144,821 for the management, business, and financial occupations category. Similarly, Figure 47 shows the median earnings of women for the job categories and Mirrormont CDP depicts it has the hightest median earnings of $103,750 for the earnings-computer, engineering, and science occupations classification. The table in Figure 48, shows Mirrormont CDP employment data in terms of job categories and salary data.

Mirrormont 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. Mirrormont CDP depicts it has the hightest entrepreneurs of 66% for the self employed management, business, science, and arts businesses group.

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. Mirrormont CDP depicts it has the hightest entrepreneurs of 35% for the self employed in finance, insurance, real estate, rental and leasing group.

In Figure 51 the average annual self employment/entrepreneur income is shown. Mirrormont CDP shows it has a Self Employment Income of $25,124 which is the smallest in order of 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 Shadow Lake CDP which depicts an average annual self employment income of $56,678 (approximately 2.3 times bigger). Comparing average annual self employment income to the United States average of $39,154, Mirrormont CDP is approximately three-fourths the size. Also, benchmarked against the state of Washington, average annual self employment income of $39,075, Mirrormont 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.) Mirrormont CDP indicates total number of self-employed men approximately 2.5 times bigger as the total number of self-employed women.