Torboy CDP Washington Income Charts

This section shows the Torboy 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, Torboy CDP shows it has a Median earnings of $51,528 which is is the uppermost of the places in the greater Torboy CDP region. Comparing median earnings per worker to the United States average of $49,041, Torboy CDP is only about 5.1% larger. Also, in comparison with the state of Washington, median earnings per worker of $56,651, Torboy CDP is about 9.9% smaller.

The next section examines a variety of different income statistics for the Torboy CDP metropolitan area. In Figure 3 we see that it it has one of the largest proportions of earnings between $10,000 and $14,999 at 47.3% of the total and is ranked #3. Only #2 Barneys Junction CDP (50.0%), and #1 Curlew Lake CDP (50.6%) are larger. Second, it has less than most other places in the metro area when ranked by earnings between $15,000 and $19,999 at 16.4% of the total. Third, it has the largest proportion of earnings between $75,000 and $99,999 at 20.0% 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. Torboy CDP shows it has the hightest cost of 110.0 for the cost of healthcare category.

Torboy 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 virus Pandemic the monthly unemployment rate went from 12.0% to 5.8% in February 2020. This represents a decrease in the monthly unemployment rate of 51.7%. Since that time, the monthly unemployment rate has gone to 7.9% This represents an increase in the monthly unemployment rate of 36.2%. 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 disasterous COVID Pandemic the monthly labor force participation went from 107,805 to 112,349 in February 2020. This represents an increase in the monthly labor force participation of 4.2%. Since that time, the monthly labor force participation has gone to 103,294 This represents a decrease in the monthly labor force participation of 8.1%. Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Torboy CDP depicts it has a Labor Force Participation of 73.3% which is the largest of all places in the greater Torboy CDP 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). Torboy CDP has the smallest proportion of unemployed at 26.7% of the total.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Torboy CDP depicts full time employees 11.5% larger as the part time employees.

Torboy CDP Washington Poverty Charts

The next section details economy analysis about poverty for residents of the Torboy 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. Torboy CDP shows it has a Total In Poverty of 9 which is less than most other places in the local area. The place with the highest total people earning less than the poverty level in the area is Republic which shows a total people earning less than the poverty level of 221 ( substantially bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Torboy CDP depicts it has a Percent of Population In Poverty of 8.6% 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 Republic which depicts a percent of people in poverty of 20.1% (approximately 2.4 times bigger).

In Figure 25 people who are in poverty are broken out by age group. Torboy CDP has the largest proportion of person in poverty 35 to 54 years 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. Torboy CDP has the largest proportion of highschool graduate and in poverty at 26% 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. Torboy CDP has the largest proportion of people who are in poverty and unemployed at 100.0% 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.) Torboy CDP depicts it has a Public Assistance Percent of 62.1% which is the highest of all places in the greater region.

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Torboy CDP depicts it has a Gini Index of 44.6% which is the third most of all other places in the local area.

Torboy 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 Torboy 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.) Torboy CDP has the largest proportion of people who take public transportation to work at 16% 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 Torboy CDP or elsewhere.) Torboy CDP has one of the largest proportions of people who drove alone at 84% of the total and is ranked #2. The only larger place being Danville CDP with 100%. Second, it has the largest proportion of people who walked at 16% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Torboy CDP has one of the largest proportions of people who leave for work between 530 am to 6am at 67% of the total and is ranked #2. The only larger place being Danville CDP with 72%. Second, it has the largest proportion of people who leave for work between 11am to 12noon at 16% 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. Torboy CDP has the largest proportion of people with commute time between 10 to 14 minutes at 47% of the total and is ranked #1. Second, it has the largest proportion of people with commute time between 20 to 24 minutes at 16% of the total and is ranked #1. Figure 40 shows the total number of vehicles available for transportation and Torboy CDP has the largest proportion of 4 vehicles available at 36% 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.) Torboy CDP shows it has a Work in city or place where live of 16% which is less than most other places in the area. The place with the highest people who both work and live in the same city in the area is Republic which depicts a people who both work and live in the same city of 66% (approximately 4.0 times bigger). Comparing people who both work and live in the same city to the United States average of 42%, Torboy CDP is approximately half the size. Also, compared with the state of Washington, people who both work and live in the same city of 37%, Torboy CDP is approximately half the size.

Torboy CDP Washington Jobs Charts

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