Packwood CDP Washington Income Charts

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 $32,115 which is less than most other places in the metropolitan area. The place with the highest median household income in the area is Alder CDP which shows a median income of $101,719 (approximately 3.2 times bigger). Comparing median household income to the United States average of $62,843, Packwood CDP is approximately half the size. Also, benchmarked against the state of Washington, median household income of $73,775, Packwood CDP is approximately half the size.

The next section examines a variety of different income statistics for the Packwood CDP metropolitan area. In Figure 3 we see that it it has one of the largest proportions of earnings less than $10,000 at 27.7% of the total and is ranked #2. The only larger place being Ashford CDP with 32.5%. Second, it has one of the largest proportions of earnings between $10,000 and $14,999 at 7.9% of the total and is ranked #3. Only #2 Ashford CDP (9.0%), and #1 Mineral CDP (64.0%) are larger.

Figure 7 examines the number of self employed people in the Packwood CDP metro area based on the number of people who reported any self employment income. Packwood CDP shows it has a Self Employed of 16.7% which is the largest of all places in the greater Packwood CDP region.

Turning our attention to Figure 8, the median household income by age group, has the percentage of median income-25 to 44 years in the mid range of other places in the greater region at $28,792 of the total. Second, it has one of the largest proportions of median income-45 to 64 years at $32,163 of the total and is ranked #3. Only #2 Eatonville ($38,421), and #1 Morton ($41,406) are larger.

Figure 9 breaks down the source of income and Packwood CDP has the largest proportion of self employment income at 20.8% of the total and is ranked #1. Second, it has the largest proportion of investment and retirement income at 53.6% 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 30.4% which is more than all other places in the greater Packwood 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 $32,404 of the total and is ranked #3. Only #2 Morton ($45,972), and #1 Eatonville ($84,038) are larger.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Packwood CDP depicts it has the hightest cost of 117.1 for the cost of healthcare category.

Packwood 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 Coronavirus Pandemic the monthly unemployment rate went from 10.7% to 4.4% in February 2020. This represents a decrease in the monthly unemployment rate of 58.9%. Since that time, the monthly unemployment rate has gone to 6.4% This represents an increase in the monthly unemployment rate of 45.5%. 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 20,391 to 23,594 in February 2020. This represents an increase in the monthly labor force participation of 15.7%. Since that time, the monthly labor force participation has gone to 24,044 This represents an increase in the monthly labor force participation of very little. Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Packwood CDP depicts it has a Labor Force Participation of 36.2% which is the second smallest when ranked by participation rate of all the other places in the greater region.

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). Packwood CDP has one of the largest proportions of unemployed at 63.8% of the total and is ranked #2. The only larger place being Morton with 63.9%.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Packwood CDP depicts full time employees approximately half the size 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 Packwood CDP area. Packwood CDP depicts it has a Single Earner Families of 11.5% which is in the center range of other places in the metro area. The place with the highest families with a single earner in the area is Alder CDP which shows a single earners rate of 43.2% (approximately 3.7 times bigger). The percentage of families with no one working is depicted in Figure 22. Packwood CDP shows it has a Families with No One Working of 88.5% which is the highest of all places in the greater Packwood CDP region.

Packwood CDP Washington Poverty Charts

The next section details economy analysis about poverty for residents of the Packwood 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. Packwood CDP shows it has a Total In Poverty of 72 which is in the center 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 Eatonville which shows a total people earning less than the poverty level of 380 ( markedly bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Packwood CDP shows it has a Percent of Population In Poverty of 22.9% which is the second most of all the places in the metro area. The place with the highest percent of people earning less than the poverty level in the area is Mineral CDP which depicts a percent of people in poverty of 51.7% (approximately 2.3 times bigger).

In Figure 25 people who are in poverty are broken out by age group. Packwood CDP has the largest proportion of person in poverty 12 to 17 years at 39% of the total and is ranked #1.

Figure 27 shows key poverty statistics for groups based on marriage status. Packwood CDP has the largest proportion of married with children and in poverty at 100% of the total and is ranked #1. Second, it has the largest proportion of unmarried with children and in poverty at 100% 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. Packwood CDP has the largest proportion of has some college and in poverty at 100% 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.) Packwood CDP depicts it has a Public Assistance Percent of 4.8% which is less than most other places in the area. The place with the highest households with public assistance in the area is Mineral CDP which depicts a households with public assistance of 50.8% ( very much bigger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Packwood CDP depicts it has a Gini Index of 19.8% which is the second smallest when sorted by the gini index of all the other places in the surrounding region.

Packwood CDP Washington Work Commute Charts

Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Packwood CDP or elsewhere.) Packwood CDP has one of the largest proportions of people who drove alone at 96% of the total and is ranked #2. The only larger place being Elbe CDP with 100%.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Packwood CDP has the largest proportion of people who leave for work between 12am to 5am at 8% of the total and is ranked #1. Second, it has the largest proportion of people who leave for work between 730 am to 8am at 60% 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. Packwood CDP has the largest proportion of people with commute time of less than 5 minutesutes at 32% of the total and is ranked #1. Second, it has the largest proportion of people with commute time between 25 to 29 minutes at 31% of the total and is ranked #1. Figure 40 shows the total number of vehicles available for transportation and Packwood CDP has the percentage of 1 vehicle available less than most other places in the greater region at 42% of the total. Second, it has the largest proportion of 3 vehicles available at 58% of the total and is ranked #1. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Packwood CDP depicts it has a Work in city or place where live of 30% which is the third most of all other places in the greater region. The place with the highest people who both work and live in the same city in the area is Morton which depicts a people who both work and live in the same city of 61% (about twice as large). Comparing people who both work and live in the same city to the United States average of 42%, Packwood CDP is approximately three-fourths the size. Also, in comparison with the state of Washington, people who both work and live in the same city of 37%, Packwood CDP is about 24.3% smaller.

Packwood CDP Washington Jobs Charts

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