Ocean Shores CCD Washington Income Charts

This section shows the Ocean Shores CCD Washington economy using the most recent economic analysis from the 2019 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Ocean Shores CCD shows it has a median earnings per worker of $32,000 which is the second most median earnings of all the places in the greater Ocean Shores CCD region. The place with the highest median earnings per worker in the area is Ocean City CDP which depicts a median earnings of $33,229 (only about 3.8% larger). Comparing median earnings per worker to the United States average of $47,712, Ocean Shores CCD is approximately three-fourths the size. Also, measured against the state of Washington, median earnings per worker of $54,615, Ocean Shores CCD is approximately half 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 $44,037 which is more than all other places in the greater Ocean Shores CCD region. Comparing median household income to the United States average of $60,293, Ocean Shores CCD is approximately three-fourths the size. Also, in contrast to the state of Washington, median household income of $70,116, Ocean Shores CCD is approximately three-fourths the size.

The next section examines a variety of different income statistics for the Ocean Shores CCD metropolitan area. In Figure 3 we see that it has the percentage of earnings less than $10,000 in the middle range of other places in the metro area at 14.7% of the total. Second, it has one of the largest proportions of earnings between $10,000 and $14,999 at 10.3% of the total and is ranked #3. Only #2 Ocean Shores (12.5%), and #1 Copalis Beach CDP (15.5%) are larger. Third, it has the largest proportion of earnings of $100,000 more at 3.4% 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 an average hours of 37.5 which is the second most average hours of all the places in the greater Ocean Shores CCD region. The place with the highest average hours in the area is Humptulips CDP which depicts an average hours of 40.7 (8.5% larger). Dividing median annual worker earnings by the average number of hours worked in a year in Figure 6 shows that it has an average hourly earnings of $16.41 which is the largest of all places in the surrounding region. Comparing average hourly earnings to the United States average of $23.71, Ocean Shores CCD is approximately three-fourths the size. Also, compared to the state of Washington, average hourly earnings of $27.28, Ocean Shores CCD is approximately three-fourths the size.

Figure 7 examines the number of self employed people in the Ocean Shores CCD metro area based on the number of people who reported any self employment income. Ocean Shores CCD depicts it has a percentage of people self employed of 9.2% which is the second most people self employed of all the places in the greater Ocean Shores CCD region. The place with the highest percentage of people self employed in the area is Ocean City CDP which depicts a percentage self employed of 26.8% (approximately 2.9 times bigger).

Turning our attention to Figure 8, the median household income by age group, it has one of the largest proportions of median income-25 to 44 years at $44,792 of the total and is ranked #2. The only larger place being Ocean Shores with $53,271. Second, it has one of the largest proportions of median income-45 to 64 years at $42,835 of the total and is ranked #2. The only larger place being Humptulips CDP with $46,406. Third, it has one of the largest proportions of median income-65 years and over at $47,473 of the total and is ranked #2. The only larger place being Ocean Shores with $49,250.

Figure 9 breaks down the source of income and Ocean Shores CCD has the percentage of income from wages in the mid range of other places in the greater region at 48.0% of the total. Second, it has the largest proportion of self employment income at 7.1% of the total and is ranked #1. Third, it has one of the largest proportions of investment and retirement income at 20.4% of the total and is ranked #2. The only larger place being Ocean Shores with 25.0%.

The next chart (Figure 11) shows the percentage of households that had retirement income over the last 12 months and it has a households with retirement income of 27.4% which is in the middle range of other places in the local area. The place with the highest households with retirement income in the area is Hogans Corner CDP which depicts a households with retirement income of 100.0% (approximately 3.6 times bigger).

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 center range of other places in the local area at $53,088 of the total. Second, it has one of the largest proportions of white family income at $50,000 of the total and is ranked #3. Only #2 Humptulips CDP ($53,750), and #1 Copalis Beach CDP ($60,750) are larger. Third, it has the largest proportion of hispanic family income at $68,000 of the total and is ranked #1.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Ocean Shores CCD depicts it has the hightest cost of 120.5 for the cost of healthcare classification.

Ocean Shores CCD 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 Pandemic the monthly unemployment rate went from 9.0% to 3.9% in December 2019. This represents a decrease in the monthly unemployment rate of 56.7%. Since that time, the monthly unemployment rate has gone to 3.9% This represents an increase in the monthly unemployment rate of very little. 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 January 2010 to before the disasterous Coronavirus Pandemic the monthly labor force participation went from 25,624 to 29,169 in November 2019. This represents an increase in the monthly labor force participation of 13.8%. Since that time, the monthly labor force participation has gone to 29,169 This represents an increase in the monthly labor force participation of very little.

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 Ocean Shores CCD depicts it has an unemployment rate of 4.2% which is the third most unemployment rate of all other places in the greater Ocean Shores CCD region. The place with the highest unemployment rate in the area is Pacific Beach CDP which depicts a rate of 16.6% (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. Ocean Shores CCD depicts it has a participation rate of 48.7% which is in the mid range of 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). Ocean Shores CCD has the percentage of not in labor force in the mid point range of other places in the metropolitan area at 51.3% of the total.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Ocean Shores CCD depicts full time employees approximately 2.6 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 Ocean Shores CCD area. Ocean Shores CCD shows it has a families with a single earner of 24.5% which is in the mid range of other places in the local area. The place with the highest families with a single earner in the area is Hogans Corner CDP which shows a single earners rate of 100.0% (approximately 4.1 times bigger). The percentage of families with no one working is depicted in Figure 22. Ocean Shores CCD shows it has a families with no one working of 46.4% which is in the mid point range of other places in the metro area. The place with the highest families with no one working in the area is Humptulips CDP which shows a families with no worker of 72.7% (56.9% larger).

Ocean Shores CCD Washington Poverty Charts

The next section details economy analysis about poverty for residents of the Ocean Shores CCD 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. Ocean Shores CCD depicts it has a total people earning less than the poverty level of 860 which is the highest of all places in the greater Ocean Shores CCD region.

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Ocean Shores CCD shows it has a percent of people earning less than the poverty level of 11.5% which is less than most other places in the metro area. The place with the highest percent of people earning less than the poverty level in the area is Hogans Corner CDP which shows a percent of people in poverty of 35.7% (approximately 3.1 times bigger).

In Figure 25 people who are in poverty are broken out by age group. Ocean Shores CCD has one of the largest proportions of person in poverty 18 to 34 years at 17% of the total and is ranked #3. Only #2 Copalis Beach CDP (33%), and #1 Pacific Beach CDP (100%) are larger. Second, it has one of the largest proportions of person in poverty 35 to 54 years at 26% of the total and is ranked #3. Only #2 Humptulips CDP (36%), and #1 Ocean Shores (36%) are larger. Third, it has the second smallest in order of person in poverty under 12 years of all the other places in the area when sorted by person in poverty 55 to 64 years at 32% of the total. Also, it has one of the largest proportions of person in poverty 65+ years at 14% of the total and is ranked #2. The only larger place being Ocean Shores with 18%.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Ocean Shores CCD has one of the largest proportions of hispanicp poverty rate at 26% of the total and is ranked #2. The only larger place being Ocean Shores with 42%.

Figure 27 shows key poverty statistics for groups based on marriage status. Ocean Shores CCD has one of the largest proportions of married with children and in poverty at 11% of the total and is ranked #2. The only larger place being Ocean Shores with 15%. Second, it has one of the largest proportions of unmarried with children and in poverty at 8% of the total and is ranked #2. The only larger place being Copalis Beach CDP with 100%.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Ocean Shores CCD has one of the largest proportions of less than highschool in poverty at 18% of the total and is ranked #2. The only larger place being Copalis Beach CDP with 52%. Second, it has in the center range of other places in the metro area as measured by highschool graduate and in poverty at 8% 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. Ocean Shores CCD has the percentage of people who are in poverty and employed in the intermediate range of other places in the metro area at 9.9% of the total. Second, it has one of the largest proportions of people who are in poverty and unemployed at 12.7% of the total and is ranked #3. Only #2 Copalis Beach CDP (33.3%), and #1 Pacific Beach CDP (100.0%) are larger. Third, it has one of the largest proportions of people who are in poverty and not in labor force at 34.0% of the total and is ranked #3. Only #2 Ocean Shores (46.9%), and #1 Humptulips CDP (68.0%) are larger. 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.) Ocean Shores CCD shows it has a households with public assistance of 13.2% which is the second smallest when ranked 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 Hogans Corner CDP which shows a households with public assistance of 100.0% ( markedly bigger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Ocean Shores CCD shows it has a the gini index of 38.5% which is the third most the gini index of all other places in the greater Ocean Shores CCD region.

Ocean Shores CCD 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 Ocean Shores CCD 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.) Ocean Shores CCD has one of the largest proportions of people who work at home at 18% of the total and is ranked #2. The only larger place being Ocean Shores with 24%. Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Ocean Shores CCD or elsewhere.) Ocean Shores CCD has the percentage of people who drove alone less than most other places in the surrounding region at 68% of the total. Second, it has one of the largest proportions of people who work at home at 18% of the total and is ranked #2. The only larger place being Ocean Shores with 24%.

The next graph in Figure 36 shows the average number of minutes that it takes for people to commute to work. Ocean Shores CCD has one of the largest proportions of people with commute time between 5 to 9 minutes at 15% of the total and is ranked #2. The only larger place being Ocean Shores with 20%. Second, it has one of the largest proportions of people with commute time between 10 to 14 minutes at 21% of the total and is ranked #3. Only #2 Ocean Shores (24%), and #1 Ocean City CDP (27%) are larger. Third, it has one of the largest proportions of people with commute time of 90 or more minutesutes at 8% of the total and is ranked #3. Only #2 Ocean Shores (10%), and #1 Ocean City CDP (18%) are larger.

The average commute time is shown in Figure 37. Ocean Shores CCD depicts it has an average commute time of 31 which is the third most of all other places in the area. Figure 38 shows the difference between male versus female commuting time. Ocean Shores CCD shows average commute time in minutes for men 53.1% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Ocean Shores CCD has one of the largest proportions of no vehicle available at 3% of the total and is ranked #2. The only larger place being Ocean Shores with 4%. Second, it has one of the largest proportions of 1 vehicle available at 33% of the total and is ranked #2. The only larger place being Ocean City CDP with 68%. Third, it has one of the largest proportions of 2 vehicles available at 35% of the total and is ranked #3. Only #2 Ocean Shores (38%), and #1 Humptulips CDP (61%) are larger. Also, it has one of the largest proportions of 4 vehicles available at 11% of the total and is ranked #2. The only larger place being Pacific Beach CDP with 40%. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Ocean Shores CCD shows it has a people who both work and live in the same city of 42% which is the second most people who both work and live in the same city of all the places in the greater Ocean Shores CCD region. The place with the highest people who both work and live in the same city in the area is Ocean Shores which depicts a people who both work and live in the same city of 55% (31.9% larger). Comparing people who both work and live in the same city to the United States average of 42%, Ocean Shores CCD is about the same size. Also, in comparison with the state of Washington, people who both work and live in the same city of 37%, Ocean Shores CCD is 14.0% larger.

Ocean Shores CCD 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. Ocean Shores CCD shows it has the hightest median earnings of $73,171 for the management, business, and financial occupations classification. Similarly, Figure 47 shows the median earnings of women for the job categories and Ocean Shores CCD shows it has the hightest median earnings of $73,529 for the earnings-healthcare practitioners and tech occupations aggregate. The table in Figure 48, shows Ocean Shores CCD employment data in terms of job categories and salary data.

Ocean Shores CCD 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. Ocean Shores CCD depicts it has the hightest entrepreneurs of 61% for the self employed management, business, science, and arts businesses grouping.

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. Ocean Shores CCD shows it has the hightest entrepreneurs of 43% for the self employed in professional, scientific, management, administrative services grouping.

In Figure 51 the average annual self employment/entrepreneur income is shown. Ocean Shores CCD depicts it has an average annual self employment income of $40,795 which is the largest of all places in the greater Ocean Shores CCD region. Comparing average annual self employment income to the United States average of $37,819, Ocean Shores CCD is 7.9% larger. Also, measured against the state of Washington, average annual self employment income of $37,669, Ocean Shores CCD is 8.3% larger.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Ocean Shores CCD shows total number of self-employed men 51.5% larger as the total number of self-employed women.