Dundee township Illinois Income Charts

This section shows the Dundee township Illinois economy using the most recent economic analysis from the 2019 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Dundee township shows it has a median earnings per worker of $52,360 which is less than most other places in the metro area. The city with the highest median earnings per worker in the area is Sleepy Hollow which depicts a median earnings of $76,875 (46.8% larger). Comparing median earnings per worker to the United States average of $47,712, Dundee township is 9.7% larger. Also, measured against the state of Illinois, median earnings per worker of $51,263, Dundee township is only slightly larger.

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 $77,735 which is less than most other places in the metro area. The city with the highest median household income in the area is Sleepy Hollow which shows a median income of $108,906 (40.1% larger). Comparing median household income to the United States average of $60,293, Dundee township is 28.9% larger. Also, measured against the state of Illinois, median household income of $63,575, Dundee township is 22.3% larger.

The next section examines a variety of different income statistics for the Dundee township metropolitan area. In Figure 3 we see that it has the percentage of earnings less than $10,000 in the mid range of other places in the metro area at 16.4% of the total. Second, it has less than most other places in the metro area as measured by earnings of $100,000 more at 12.7% of the total.

Figure 5 has the Average number of hours worked in a typical work week during the year, it has an average hours of 38.7 which is in the mid range of other places in the greater region. The city with the highest average hours in the area is Gilberts which shows an average hours of 41.0 (only about 5.9% larger). Dividing median annual worker earnings by the average number of hours worked in a year in Figure 6 shows that it has an average hourly earnings of $26.02 which is less than most other places in the greater region. The city with the highest average hourly earnings in the area is Sleepy Hollow which depicts an average hourly earnings of $38.60 (48.4% larger). Comparing average hourly earnings to the United States average of $23.71, Dundee township is 9.7% larger. Also, compared to the state of Illinois, average hourly earnings of $25.61, Dundee township is only slightly larger.

Figure 7 examines the number of self employed people in the Dundee township metro area based on the number of people who reported any self employment income. Dundee township shows it has a percentage of people self employed of 7.7% which is less than most other places in the local area. The city with the highest percentage of people self employed in the area is Gilberts which indicates a percentage self employed of 9.2% (20.4% larger).

Turning our attention to Figure 8, the median household income by age group, it has one of the largest proportions of median income-under 25 years at $48,363 of the total and is ranked #3. Only #2 Carpentersville ($50,139), and #1 Algonquin ($68,824) are larger. Second, it has the second smallest when sorted by median income for those under 25 years of age of all the other places in the local area as measured by median income-25 to 44 years at $81,438 of the total. Third, it has less than most other places in the metropolitan area in order of median income-45 to 64 years at $89,789 of the total. Also, it has one of the largest proportions of median income-65 years and over at $48,690 of the total and is ranked #3. Only #2 Algonquin ($56,875), and #1 Sleepy Hollow ($76,167) are larger.

The next chart (Figure 11) shows the percentage of households that had retirement income over the last 12 months and it has a households with retirement income of 14.4% which is less than most other places in the greater region. The city with the highest households with retirement income in the area is Sleepy Hollow which shows a households with retirement income of 26.9% (about twice as large).

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 $86,823 of the total. Second, it has less than most other places in the area in terms of white family income at $96,125 of the total. Third, it has the largest proportion of black family income at $37,822 of the total and is ranked #1. Also, it has the largest proportion of american indian family income at $69,063 of the total and is ranked #1. In addition, it has in the middle range of other places in the metro area when sorted by asian family income at $145,435 of the total. Furthermore, it has less than most other places in the metro area in terms of hispanic family income at $57,813 of the total.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Dundee township depicts it has the hightest cost of 117.3 for the cost of utilities classification.

Dundee township Illinois 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 Wuhan Coronavirus/COVID Pandemic the monthly unemployment rate went from 17.4% to 7.1% in December 2019. This represents a decrease in the monthly unemployment rate of 59.2%. Since that time, the monthly unemployment rate has gone to 7.1% This represents an increase in the monthly unemployment rate of very little. 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 January 2010 to before the disasterous COVID-19 Pandemic the monthly labor force participation went from 19,953 to 19,002 in November 2019. This represents a decrease in the monthly labor force participation of 4.8%. Since that time, the monthly labor force participation has gone to 19,002 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 Dundee township depicts it has an unemployment rate of 4.4% which is in the mid range of other places in the area. The city with the highest unemployment rate in the area is Gilberts which shows a rate of 5.3% (19.9% larger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Dundee township depicts it has a participation rate of 72.1% which is less than most other places in the area.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Dundee township shows full time employees approximately 3.2 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 Dundee township area. Dundee township shows it has a families with a single earner of 30.2% which is the third most of all other places in the surrounding region. The city with the highest families with a single earner in the area is Gilberts which shows a single earners rate of 35.1% (16.3% larger). The percentage of families with no one working is depicted in Figure 22. Dundee township indicates it has a families with no one working of 8.9% which is in the mid point range of other places in the metro area. The city with the highest families with no one working in the area is East Dundee which shows a families with no worker of 18.7% (about twice as large).

Dundee township Illinois Poverty Charts

The next section details economy analysis about poverty for residents of the Dundee township 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. Dundee township shows it has a total people earning less than the poverty level of 7,246 which is ranked #1 of all places in the greater Dundee township region.

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Dundee township shows it has a percent of people earning less than the poverty level of 11.1% which is the second most percent of people earning less than the poverty level of all the places in the greater Dundee township region. The city with the highest percent of people earning less than the poverty level in the area is Carpentersville which depicts a percent of people in poverty of 16.1% (45.4% larger).

In Figure 25 people who are in poverty are broken out by age group. Dundee township has one of the largest proportions of person in poverty under 12 years at 32% of the total and is ranked #2. The only larger city being Carpentersville with 36%. Second, it has one of the largest proportions of person in poverty 12 to 17 years at 15% of the total and is ranked #2. The only larger city being Carpentersville with 15%. Third, it has less than most other places in the metro area when sorted by person in poverty 18 to 34 years at 23% of the total. Also, it has in the center range of other places in the surrounding region when ranked by person in poverty 65+ years at 7% of the total.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Dundee township has one of the largest proportions of black poverty rate at 47% of the total and is ranked #2. The only larger city being Carpentersville with 52%.

Figure 27 shows key poverty statistics for groups based on marriage status. Dundee township has one of the largest proportions of unmarried with children and in poverty at 56% of the total and is ranked #2. The only larger city being Carpentersville with 65%. Second, it has one of the largest proportions of unmarried female with children and in poverty at 64% of the total and is ranked #2. The only larger city being Carpentersville with 73%. Third, it has one of the largest proportions of unmarried male with children and in poverty at 33% of the total and is ranked #3. Only #2 Carpentersville (39%), and #1 West Dundee (100%) are larger.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Dundee township has one of the largest proportions of less than highschool in poverty at 16% of the total and is ranked #3. Only #2 Carpentersville (18%), and #1 East Dundee (33%) are larger. Figure 29 looks at only those people who make less than the poverty level of income and breaks down there employment status. Dundee township has the percentage of people who are in poverty and not in labor force less than most other places in the metro area at 11.5% of the total. 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.) Dundee township shows it has a households with public assistance of 10.0% which is the second most households with public assistance of all the places in the greater Dundee township region. The city with the highest households with public assistance in the area is Carpentersville which depicts a households with public assistance of 15.5% (55.1% larger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Dundee township shows it has a the gini index of 42.7% which is ranked #1 of all places in the metro area.

Dundee township Illinois Work Commute Charts

In Figure 35 is shown a frequency distribution of the time that people leave for work. Dundee township has the largest proportion of people who leave for work between 12am to 5am at 5% of the total and is ranked #1.

The average commute time is shown in Figure 37. Dundee township shows it has an average commute time of 31 which is in the mid range of other places in the local area. Figure 38 shows the difference between male versus female commuting time. Dundee township depicts average commute time in minutes for men 33.8% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Dundee township has one of the largest proportions of 5 or more vehicles available at 6% of the total and is ranked #2. The only larger city being East Dundee with 10%. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Dundee township shows it has a people who both work and live in the same city of 15% which is the third most people who both work and live in the same city of all other places in the greater Dundee township region. The city with the highest people who both work and live in the same city in the area is Algonquin which depicts a people who both work and live in the same city of 20% (33.7% larger). Comparing people who both work and live in the same city to the United States average of 42%, Dundee township is approximately a third the size. Also, in comparison with the state of Illinois, people who both work and live in the same city of 38%, Dundee township is approximately a third the size.

Dundee township Illinois 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. Dundee township depicts it has the hightest median earnings of $96,786 for the earnings-computer, engineering, and science occupations group. Similarly, Figure 47 shows the median earnings of women for the job categories and Dundee township depicts it has the hightest median earnings of $79,602 for the management, business, and financial occupations grouping. The table in Figure 48, shows Dundee township employment data in terms of job categories and salary data.

Dundee township Illinois 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. Dundee township depicts it has the hightest entrepreneurs of 52% for the self employed management, business, science, and arts businesses aggregate.

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. Dundee township shows it has the hightest entrepreneurs of 22% for the self employed in construction aggregate.

In Figure 51 the average annual self employment/entrepreneur income is shown. Dundee township shows it has an average annual self employment income of $39,905 which is at the top of all other places in the greater Dundee township region. Comparing average annual self employment income to the United States average of $37,819, Dundee township is only about 5.5% larger. Also, in comparison with the state of Illinois, average annual self employment income of $37,670, Dundee township is only about 5.9% larger.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Dundee township shows total number of self-employed men approximately 3.3 times bigger as the total number of self-employed women.