Tuesday, September 25, 2018
Hawai'i Free Press

Current Articles | Archives

Saturday, May 05, 2018
Hawaii Towns Ranked for Economic Diversity
By Selected News Articles @ 1:47 PM :: 977 Views :: Economy, Hawaii Statistics

Most Diverse Cities in America

From WalletHub, May 3, 2018

America is undergoing an extreme makeover, thanks to rapid demographic diversification. By 2050, you won’t even recognize her. But America’s transformation is more than skin-deep — it’s economic, too. Not only have waves of immigration changed the face of the nation, they’ve also brought in fresh perspectives, skills and technologies to help the U.S. develop a strong adaptability to change.

Economies generally fare better when they openly embrace and capitalize on new ideas. Conversely, those relying on old ways and specialized industries tend to be hurt more by changes in the market.

This article is the final installment in WalletHub’s diversity study series. It combines household diversity and religious diversity with our previous reports on socioeconomic diversity, cultural diversity and economic diversity. WalletHub tallied the scores across the five major diversity categories for 501 of the largest cities across 13 metrics.

read … Full Report

City 'Income Diversity' Rank 'Educational-Attainment Diversity' Rank 'Racial & Ethnic Diversity' Rank 'Linguistic Diversity' Rank 'Birthplace Diversity' Rank 'Industry Diversity' Rank 'Occupational Diversity' Rank 'Worker-Class Diversity' Rank 'Marital-Status Diversity' Rank 'Age Diversity' Rank 'Household-Type Diversity' Rank 'Household-Size Diversity' Rank 'Religious Diversity' Rank
                           
East Honolulu, HI 239 73 66 180 263 219 465 37 485 368 495 221 349
Pearl City, HI 59 358 75 159 378 16 296 23 440 200 460 46 349
Hilo, HI 230 323 29 207 472 208 306 5 199 102 180 220 105
Waipahu, HI 47 461 230 69 302 182 165 240 330 202 239 1 349
Kailua, HI 189 105 38 290 128 253 436 10 408 81 437 92 349
Kaneohe, HI 65 283 23 257 447 163 252 34 393 44 422 42 349
Kahului, HI 52 481 76 73 316 218 181 161 257 226 303 5 255
Mililani Town, HI 124 365 20 222 390 142 237 16 467 169 487 64 349
Ewa Gentry, HI 137 425 9 107 176 72 191 79 437 307 441 15 349

 

2018’s Cities with the Most & Least Diversified Economies

From WalletHub, May 3, 2018

“Don’t put all your eggs in one basket,” say the wisest investing experts. But that wisdom applies to the economy, too. During the Great Recession, local economies that diversified, tapping into new ideas and innovations, proved to be more resilient than the cities that stuck to their old tricks.

Some researchers have found that greater professional and industrial variety increases a city’s productivity, a pattern in growing and large urban areas in the U.S. and around the globe.

In other words, diversification helps an economy the way it protects an investor’s portfolio: Over time, job gains in some sectors will offset the losses in others. And that was exactly the outcome at the end of the financial crisis, when the number of professions in health care and social assistance multiplied while construction and manufacturing occupation rates declined.

In order to determine the most diversified local economies — and therefore the least susceptible to the changes in the market — WalletHub compared the 501 largest cities across three key metrics: industry diversity, occupational diversity and worker-class diversity.

read … Full Report

Overall Rank* City Total Score 'Industry Diversity' Rank 'Occupational Diversity' Rank 'Worker-Class Diversity' Rank
2 Pearl City, HI 77.58 16 296 23
7 Hilo, HI 77.23 208 306 5
10 Mililani Town, HI 77.17 142 237 16
22 Kaneohe, HI 76.43 163 252 34
25 Ewa Gentry, HI 76.28 72 191 79
60 Kailua, HI 75.54 253 436 10
71 Honolulu, HI 75.3 162 323 84
124 Kahului, HI 74.51 218 181 161
160 East Honolulu, HI 74.12 219 465 37
166 Waipahu, HI 74.05 182 165 240

 

2018’s Cities with Most & Least Economic Class Diversity

From WalletHub, May 3, 2018

Where is perhaps no simpler method of categorizing Americans than by economic class. The top 1 percent and the bottom 99 percent have grown apart. One estimate suggests that the top 1 percent owns 40 percent of the country’s wealth.

In an ideal world, no American would live in poverty, yet nearly 47 million do. But increasing diversity may be able to help improve socioeconomic conditions for people from all backgrounds.

Consider education dollars, for instance, which flow traditionally from local taxes. The more tax dollars that higher-income-earning families can contribute to the local economy, the more a city can invest in public schools. This ensures children from low-income households receive an equal shot at a good education.

To recognize the cities where economic class diversity is most balanced or mixed, WalletHub compared 501 of the largest U.S. cities based on two key metrics, “Income Diversity” and “Educational-Attainment Diversity.”

read … Full Report

Main Findings

Overall Rank* City Total Score 'Income Diversity' Rank 'Educational-Attainment Diversity' Rank
72 Honolulu, HI 75.91 82 139
102 Kailua, HI 74.68 189 105
112 East Honolulu, HI 74.47 239 73
147 Kaneohe, HI 73.82 65 283
175 Pearl City, HI 73.1 59 358
197 Mililani Town, HI 72.22 124 365
250 Waipahu, HI 71.21 47 461
252 Ewa Gentry, HI 71.16 137 425
270 Hilo, HI 70.87 230 323
276 Kahului, HI 70.63 52 481

 

Highest & Lowest Concentrations by Category

Metric

City with Highest Concentration

City with Lowest Concentration

Income Diversity  
Households with Annual Incomes of $34,999 or Less Youngstown, OH 
(64.10%)
Ewa Gentry, HI 
(8.30%)
Households with Annual Incomes Between $35,000 and $49,999 Horn Lake, MS 
(21.90%)
Ellicott City, MD 
(5.50%)
Households with Annual Incomes Between $50,000 and $74,999 Jackson, WY 
(24.90%)
Hockessin, DE 
(10.40%)
Households with Annual Incomes Between $75,000 and $99,999 Ewa Gentry, HI 
(20.40%)
Flint, MI 
(5.40%)
Households with Annual Incomes Between $100,000 and $149,999 Ewa Gentry, HI 
(27.40%)
Youngstown, OH 
(3.30%)
Households with Annual Incomes of $150,000 or More Ellicott City, MD 
(37.90%)
Flint, MI 
(1.10%)
Links

TEXT "follow HawaiiFreePress" to 40404

Register to Vote

2aHawaii

808 Silent Majority

808 State Update AM940

ABCDEFG Blog

ACA Signups Hawaii

ACCE

Affordable Hawaii Coalition

ALEC

Alliance Defending Freedom

Aloha Conservative Alliance

Aloha Life Advocates

Aloha Pregnancy Care Center

American Council of Trustees and Alumni

American Mothers of Hawaii

AMVETS-Hawaii

AntiPlanner

Antonio Gramsci Reading List

A Place for Women in Waipio

Audit The Rail

Ballotpedia Hawaii

Better Hawaii 

Blaisdell Memorial Project

Broken Trust

CAFR Hawaii

Castaway Conservative

Children's Alliance Hawaii

Children's Rights Institute

Christian Homeschoolers of Hawaii

Citizens for Recall

Cliff Slater's Second Opinion

Coffee Break

Conservative Forum for Hawaii

CSIS Pacific Forum

DAR Hawaii

DeedySupport.com

DVids Hawaii

E Hana Kakou Kelii Akina

E Māua Ola i Moku o Keawe

Farmers For Choice Hawaii

FIRE

Fix Oahu!

Follow the Money Hawaii

Frank in Hawaii

Front Page Magazine

Frontline: The Fixers

Genetic Literacy Project

Get Off Your Butts!

God, Freedom, America

Grassroot Institute

Habele.org

Hawaii Aganst Assisted Suicide

Hawaii Aquarium Fish Report

Hawaii Aviation Preservation Society

Hawaii Catholic TV

Hawaii Christian Coalition

Hawaii Cigar Association

Hawaii Coalition Against Legalized Gambling

Hawaii ConCon Info

Hawaii Credit Union Watch

Hawaii Crime Victims' Rights

Hawaii Crop Improvement Association

Hawaii Debt Clock

Hawaii Defending Marriage

Hawaii Defense Foundation

Hawaii Families for Educational Choice

Hawaii Family Advocates

Hawaii Family Forum

Hawaii Farmers and Ranchers United

Hawaii Farmer's Daughter

Hawaii Federalist Society

Hawaii Federation of Republican Women

Hawaii Firearm Community

Hawaii Fishermen's Alliance

Hawaii Future Project

Hawaii Gathering of Eagles

Hawaii History Blog

Hawaii Homeschool Association

Hawaii Jihadi Trial

Hawaii March for Life

Hawaii Meth Project

Hawaii's Partnership for Appropriate & Compassionate Care

Hawaii Public Charter School Network

Hawaii Rifle Association

Hawaii Right to Life -- Big Island

Hawaii Right to Life -- Oahu

Hawaii Senate Informer

Hawaii Shield Law Coalition

Hawaii Shippers Council

Hawaii Smokers Alliance

Hawaii State Data Lab

Hawaii Together

Hawaii Votes

Heritage Foundation

HI Coalition Against Legalized Gambling

HIEC.Coop

Hiram Fong Papers

Homeschool Legal Defense Hawaii

Honolulu Homeless Crisis

Honolulu Navy League

Honolulu Traffic

Horns of Jericho Blog

House Minority Blog

House Republican Caucus YouTube

HPACC

Hump Day Report

Hunting, Farming and Fishing Assoc.

I Vote Hawaii

If Hawaii News

Inouye-Kwock, NYT 1992

Inside the Nature Conservancy

Inverse Condemnation

Investigative Project on Terrorism

Iowa Meets Maui

Jackson v Abercrombie

Jihad Watch

Judgepedia Hawaii

July 4 in Hawaii

Kahle v New Hope

Kakaako Cares

Kau TEA Party

Kauai Co GOP

Keep Hawaii's Heroes

KeyWiki

Land and Power in Hawaii

Legislative Committee Analysis Tool

Lessons in Firearm Education

Lingle Years

Malulani Foundation

Managed Care Matters -- Hawaii

Malama Pregnancy Center of Maui

Mauna Kea Recreational Users Group

MentalIllnessPolicy.org

Middle East Forum--The Legal Project

Mililani Conservatives for Change

Military Home Educators' Network Oahu

Missile Defense Advocacy

MIS Veterans Hawaii

Muslim Brotherhood in America

NAMI Hawaii

NARTH

Natatorium.org

National Christian Foundation Hawaii

National Parents Org Hawaii

National Wind Watch

New Zeal

NFIB Hawaii News

No GMO Means No Aloha

Northwest Economic Policy Seminar

Not Dead Yet, Hawaii

Now What I Really Think

NRA-ILA Hawaii

Oahu Alternative Transport

ObamaCare Abortion Hawaii

OHA Lies

Ohana Policy Group

OurFutureHawaii.com

Pacific Aviation Museum

Patients Rights Council Hawaii

PEACE Hawaii

People vs Machine

Pritchett Cartoons 

Pro-GMO Hawaii

P.U.E.O.

RailRipoff.com

Rental by Owner Awareness Assn

Republican Party -- Hawaii State

Research Institute for Hawaii USA

Rick Hamada Show

RJ Rummel

Robotics Organizing Committee

Salvage The Rail

Save the Plastic Bag

School Choice in Hawaii

SenatorFong.com

SIFE Remington

SIFE W. Oahu 

Sink the Jones Act

Smart About Marijuana--Hawaii

St Marianne Copenull

State Budget Solutions Hawaii

State Policy Network

Statehood for Guam

Tax Foundation of Hawaii

TEA Party Maui

TFB Micronesia

The Harriet Tubman Agenda

The Long War Journal

The Real Hanabusa

Time Out Honolulu

Truth About Trade & Technology - Hawaii

UCC Truths

Union Members Know Your Rights

United Veterans Hawaii

US Tax Foundation Hawaii Info

Valor in the Pacific

VAREP Honolulu

Waagey.org

West Maui Taxpayers Association

What Natalie Thinks

Whole Life Hawaii

Yes2TMT