Spanaway CDP Washington Income Charts

This section shows the Spanaway 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, Spanaway CDP depicts it has a Median earnings of $48,364 which is in the center range of other places in the metro area. The place with the highest median earnings per worker in the area is Frederickson CDP which shows a median earnings of $54,831 (13.4% larger). Comparing median earnings per worker to the United States average of $49,041, Spanaway CDP is about the same size. Also, versus the state of Washington, median earnings per worker of $56,651, Spanaway CDP is about 17.1% smaller.

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 $71,659 which is the third most median income of all other places in the greater Spanaway CDP region. The place with the highest median household income in the area is Frederickson CDP which depicts a median income of $89,012 (24.2% larger). Comparing median household income to the United States average of $62,843, Spanaway CDP is 14.0% larger. Also, measured against the state of Washington, median household income of $73,775, Spanaway CDP is only about 3.0% smaller.

The next section examines a variety of different income statistics for the Spanaway CDP metropolitan area. In Figure 3 we see that it it has the largest proportion of earnings between $20,000 and $49,999 at 28.7% 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 39.5 which is the second most average hours of all the places in the greater Spanaway CDP region. The place with the highest average hours in the area is McChord AFB CDP which shows an average hours of 45.3 (14.7% 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 $23.55 which is in the middle range of other places in the metro area. The place with the highest average hourly earnings in the area is Frederickson CDP which depicts an average hourly earnings of $27.04 (14.8% larger). Comparing average hourly earnings to the United States average of $24.31, Spanaway CDP is only about 3.2% smaller. Also, in contrast to the state of Washington, average hourly earnings of $28.22, Spanaway CDP is about 19.9% smaller.

Figure 7 examines the number of self employed people in the Spanaway CDP metro area based on the number of people who reported any self employment income. Spanaway CDP depicts it has a Self Employed of 6.9% which is less than most other places in the metro area. The place with the highest percentage of people self employed in the area is Elk Plain CDP which depicts a percentage self employed of 8.7% (26.8% 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 mid range of other places in the metro area at $74,074 of the total. Second, it has in the center range of other places in the greater region in order of median income-25 to 44 years at $78,073 of the total. Third, it has one of the largest proportions of median income-45 to 64 years at $52,250 of the total and is ranked #3. Only #2 Clover Creek CDP ($60,313), and #1 Frederickson CDP ($65,532) are larger.

Figure 9 breaks down the source of income and Spanaway CDP has the largest proportion of self employment income at 14.1% 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 23.9% which is in the mid range of other places in the area. The place with the highest households with retirement income in the area is Elk Plain CDP which depicts a households with retirement income of 29.0% (21.5% 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 less than most other places in the surrounding region at $73,856 of the total. Second, it has one of the largest proportions of white family income at $78,902 of the total and is ranked #2. The only larger place being Frederickson CDP with $110,085. Third, it has one of the largest proportions of black family income at $88,250 of the total and is ranked #2. The only larger place being Clover Creek CDP with $112,647. Also, it has in the mid range of other places in the metro area when ranked by american indian family income at $74,808 of the total. In addition, it has the largest proportion of asian family income at $106,250 of the total and is ranked #1. Furthermore, it has one of the largest proportions of hawaiian family income at $68,451 of the total and is ranked #3. Only #2 Frederickson CDP ($89,434), and #1 Clover Creek CDP ($92,679) 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. Spanaway CDP depicts it has the hightest cost of 115.1 for the cost of healthcare aggregate.

Spanaway 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 Pandemic the monthly unemployment rate went from 11.7% to 5.5% in February 2020. This represents a decrease in the monthly unemployment rate of 53.0%. Since that time, the monthly unemployment rate has gone to 7.4% This represents an increase in the monthly unemployment rate of 34.5%. 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/COVID Pandemic the monthly labor force participation went from 26,171 to 27,810 in February 2020. This represents an increase in the monthly labor force participation of 6.3%. Since that time, the monthly labor force participation has gone to 28,326 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 Spanaway CDP depicts it has a Unemployment Rate of 4.7% which is the third most unemployment rate of all other places in the greater Spanaway CDP region. The place with the highest unemployment rate in the area is Summit View CDP which shows a rate of 6.2% (30.9% larger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Spanaway CDP shows it has a Labor Force Participation of 64.5% which is in the mid range of other places in the area.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Spanaway CDP depicts full time employees approximately 3.8 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 Spanaway CDP area. Spanaway CDP shows it has a Single Earner Families of 34.4% which is less than most other places in the local area. The place with the highest families with a single earner in the area is McChord AFB CDP which shows a single earners rate of 47.8% (38.7% larger). The percentage of families with no one working is depicted in Figure 22. Spanaway CDP depicts it has a Families with No One Working of 14.0% which is in the middle range of other places in the metropolitan area. The place with the highest families with no one working in the area is Elk Plain CDP which shows a families with no worker of 17.5% (25.1% larger).

Spanaway CDP Washington Poverty Charts

The next section details economy analysis about poverty for residents of the Spanaway 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. Spanaway CDP depicts it has a Total In Poverty of 3,670 which is the second most of all the places in the local area. The place with the highest total people earning less than the poverty level in the area is Parkland CDP which depicts a total people earning less than the poverty level of 5,919 (61.3% larger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Spanaway CDP depicts it has a Percent of Population In Poverty of 11.3% which is less than most other places in the greater region. The place with the highest percent of people earning less than the poverty level in the area is Parkland CDP which shows a percent of people in poverty of 16.5% (45.5% larger).

In Figure 25 people who are in poverty are broken out by age group. Spanaway CDP has the largest proportion of person in poverty under 12 years at 16% of the total and is ranked #1.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Spanaway CDP has one of the largest proportions of asian poverty rate at 6% of the total and is ranked #3. Only #2 Parkland CDP (14%), and #1 Summit View CDP (90%) are larger.

Figure 27 shows key poverty statistics for groups based on marriage status. Spanaway CDP has the percentage of unmarried with children and in poverty less than most other places in the area at 31% of the total. Second, it has one of the largest proportions of unmarried female with children and in poverty at 19% of the total and is ranked #2. The only larger place being Elk Plain CDP with 27%. 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.) Spanaway CDP shows it has a Public Assistance Percent of 16.6% which is the third most households with public assistance of all other places in the greater Spanaway CDP region. The place with the highest households with public assistance in the area is Parkland CDP which depicts a households with public assistance of 22.4% (34.9% larger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Spanaway CDP shows it has a Gini Index of 37.7% which is in the mid range of other places in the metro area.

Spanaway CDP Washington Work Commute Charts

Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Spanaway CDP or elsewhere.) Spanaway CDP has the largest proportion of people who drove alone at 85% of the total and is ranked #1. Second, it has the smallest proportion of people who carpooled at 9% of the total. Third, it has the smallest proportion of people who took a taxicab, motorcycle or other at 0% of the total.

The next graph in Figure 36 shows the average number of minutes that it takes for people to commute to work. Spanaway CDP has the smallest proportion of people with commute time of less than 5 minutesutes at 4% of the total. Second, it has in the mid point range of other places in the greater region in terms of people with commute time between 5 to 9 minutes at 7% of the total. Third, it has the largest proportion of people with commute time between 25 to 29 minutes at 18% of the total and is ranked #1.

The average commute time is shown in Figure 37. Spanaway CDP depicts it has a Avg Commute Time of 37 which is in the middle range of other places in the greater region. Figure 38 shows the difference between male versus female commuting time. Spanaway CDP shows average commute time in minutes for men 19.8% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Spanaway CDP has the percentage of no vehicle available in the mid point range of other places in the metro area at 12% of the total. Second, it has the second smallest in order of no vehicle available of all the other places in the local area when ranked by 1 vehicle available at 41% of the total. Third, it has one of the largest proportions of 4 vehicles available at 8% of the total and is ranked #2. The only larger place being Elk Plain CDP with 13%. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Spanaway CDP shows it has a Work in city or place where live of 9% which is in the middle range of other places in the metro area. The place with the highest people who both work and live in the same city in the area is McChord AFB CDP which shows a people who both work and live in the same city of 39% (approximately 4.2 times bigger). Comparing people who both work and live in the same city to the United States average of 42%, Spanaway 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%, Spanaway CDP is approximately a quarter the size.

Spanaway 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. Spanaway CDP depicts it has the hightest median earnings of $74,236 for the earnings-computer, engineering, and science occupations grouping. Similarly, Figure 47 shows the median earnings of women for the job categories and Spanaway CDP depicts it has the hightest median earnings of $64,722 for the earnings-healthcare practitioners and tech occupations group. The table in Figure 48, shows Spanaway CDP employment data in terms of job categories and salary data.

Spanaway 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. Spanaway CDP depicts it has the hightest entrepreneurs of 32% 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. Spanaway CDP depicts it has the hightest entrepreneurs of 16% for the self employed in educational services, health care and social assistance classification.

In Figure 51 the average annual self employment/entrepreneur income is shown. Spanaway CDP depicts it has a Self Employment Income of $21,488 which is less than most other places in the surrounding region. The place with the highest average annual self employment income in the area is Summit View CDP which depicts an average annual self employment income of $54,577 (approximately 2.5 times bigger). Comparing average annual self employment income to the United States average of $39,154, Spanaway CDP is approximately half the size. Also, benchmarked against the state of Washington, average annual self employment income of $39,075, Spanaway CDP is approximately half the size.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Spanaway CDP depicts total number of self-employed men about 14.6% smaller as the total number of self-employed women.