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Area Analysis <br />6 <br /> <br />INCOME <br />EDUCATION <br />EMPLOYMENT <br />The area includes a total of 144,313 employees and has a 3.6% unemployment rate. The top <br />three industries within the area are Health Care/Social Assistance, Retail Trade and <br />Educational Services, which represent a combined total of 39% of the population. <br />The area features an average household <br />income of $78,431 and a median household <br />income of $58,165. Over the next five years, <br />median household income is expected to <br />increase by 10.4%, or $1,205 per annum. <br />A total of 38.1% of individuals over the age of <br />24 have a college degree, with 27.3% holding <br />a bachelor's degree and 10.8% holding a <br />graduate degree. <br />$58,165 <br />$64,188 <br />$54,000 <br />$56,000 <br />$58,000 <br />$60,000 <br />$62,000 <br />$64,000 <br />$66,000 <br />2018 2023 <br />MEDIAN INCOME BY YEAR <br />27.3% <br />10.8%61.9% <br />POPULATION BY DEGREE <br />Bachelor's Degree <br />Graduate Degree <br />Other <br />0% 2% 4% 6% 8% 10% 12% 14% 16% 18% 20% <br />Transportation/Warehousing <br />Other Services (excl Publ Adm) <br />Finance/Insurance <br />Prof/Scientific/Tech Services <br />Accommodation/Food Services <br />Manufacturing <br />Construction <br />Educational Services <br />Retail Trade <br />Health Care/Social Assistance <br />Source: Esri <br />Source: Esri <br />Source: Esri <br /> <br />In summary, the subject is forecasted to experience an increase in population, an increase in <br />household income, and an increase in household values <br /> <br /> <br />