Illini township Illinois Income Charts

This section shows the Illini 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, Illini township shows it has a median earnings per worker of $42,255 which is less than most other places in the greater region. The city with the highest median earnings per worker in the area is Forsyth which shows a median earnings of $71,184 (68.5% larger). Comparing median earnings per worker to the United States average of $47,712, Illini township is about 12.9% smaller. Also, in comparison with the state of Illinois, median earnings per worker of $51,263, Illini township is about 21.3% 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 $61,848 which is the second most of all the places in the metropolitan area. The city with the highest median household income in the area is Forsyth which shows a median income of $83,125 (34.4% larger). Comparing median household income to the United States average of $60,293, Illini township is only about 2.6% larger. Also, versus the state of Illinois, median household income of $63,575, Illini township is only about 2.8% smaller.

The next section examines a variety of different income statistics for the Illini township metropolitan area. In Figure 3 we see that it it has one of the largest proportions of earnings less than $10,000 at 24.1% of the total and is ranked #2. The only larger city being Warrensburg with 25.5%. Second, it has the largest proportion of earnings between $50,000 and $74,999 at 25.5% of the total and is ranked #1. Third, it has less than most other places in the metro area as measured by earnings of $100,000 more at 3.3% 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 37.8 which is less than most other places in the greater region. The city with the highest average hours in the area is Niantic which shows an average hours of 42.0 (11.1% 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 $21.50 which is less than most other places in the local area. The city with the highest average hourly earnings in the area is Forsyth which shows an average hourly earnings of $33.47 (55.7% larger). Comparing average hourly earnings to the United States average of $23.71, Illini township is about 10.3% smaller. Also, in comparison with the state of Illinois, average hourly earnings of $25.61, Illini township is about 19.1% smaller.

Figure 7 examines the number of self employed people in the Illini township metro area based on the number of people who reported any self employment income. Illini township depicts it has a percentage of people self employed of 8.1% which is in the mid point range of other places in the local area. The city with the highest percentage of people self employed in the area is Latham which depicts a percentage self employed of 30.4% (approximately 3.7 times bigger).

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 $11,094 of the total and is ranked #3. Only #2 Decatur ($21,793), and #1 Latham ($53,813) are larger. Second, it has one of the largest proportions of median income-25 to 44 years at $76,250 of the total and is ranked #3. Only #2 Warrensburg ($76,563), and #1 Forsyth ($112,857) are larger. Third, it has in the mid range of other places in the metro area when sorted by median income-45 to 64 years at $67,188 of the total. Also, it has the largest proportion of median income-65 years and over at $56,250 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 households with retirement income of 22.9% which is less than most other places in the local area. The city with the highest households with retirement income in the area is Forsyth which depicts a households with retirement income of 30.4% (33.0% larger).

In the next chart, Figure 12, the median family income is shown for families broken down by racial group and it has one of the largest proportions of overall family income at $72,865 of the total and is ranked #2. The only larger city being Forsyth with $108,750. Second, it has one of the largest proportions of white family income at $73,021 of the total and is ranked #2. The only larger city being Forsyth with $111,164.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Illini township shows it has the hightest cost of 96.7 for the cost of transportation classification.

Illini 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 disasterous Covid-19 virus Pandemic the monthly unemployment rate went from 13.8% to 5.8% in December 2019. This represents a decrease in the monthly unemployment rate of 58.0%. Since that time, the monthly unemployment rate has gone to 5.8% 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 Wuhan Coronavirus Pandemic the monthly labor force participation went from 36,180 to 31,553 in November 2019. This represents a decrease in the monthly labor force participation of 12.8%. Since that time, the monthly labor force participation has gone to 31,553 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 Illini township depicts it has an unemployment rate of 8.7% which is ranked #1 of all places in the greater Illini township region. Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Illini township depicts it has a participation rate of 75.3% which is the largest of all places in the greater Illini township 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). Illini township has the largest proportion of unemployed at 8.7% of the total and is ranked #1. Second, it has the smallest proportion of not in labor force at 24.7% of the total.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Illini township shows full time employees approximately 2.7 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 Illini township area. Illini township shows it has a families with a single earner of 23.8% which is the smallest in order of families with a single earner of all the other places in the greater region. The city with the highest families with a single earner in the area is Latham which shows a single earners rate of 39.0% (64.2% larger). The percentage of families with no one working is depicted in Figure 22. Illini township shows it has a families with no one working of 13.9% which is the smallest in order of families with no one working of all the other places in the metropolitan area. The city with the highest families with no one working in the area is Niantic which shows a families with no worker of 28.7% (about twice as large).

Illini township Illinois Poverty Charts

The next section details economy analysis about poverty for residents of the Illini 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. Illini township depicts it has a total people earning less than the poverty level of 63 which is the third most of all other places in the greater region. The city with the highest total people earning less than the poverty level in the area is Decatur which depicts a total people earning less than the poverty level of 14,710 ( considerably bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Illini township depicts it has a percent of people earning less than the poverty level of 3.6% which is the second smallest in terms of percent of people earning less than the poverty level of all the other places in the metro area. The city with the highest percent of people earning less than the poverty level in the area is Decatur which depicts a percent of people in poverty of 21.1% ( appreciably bigger).

In Figure 25 people who are in poverty are broken out by age group. Illini township has the percentage of person in poverty under 12 years in the middle range of other places in the local area at 10% of the total. Second, it has the largest proportion of person in poverty 18 to 34 years at 41% of the total and is ranked #1. Third, it has one of the largest proportions of person in poverty 35 to 54 years at 24% of the total and is ranked #2. The only larger city being Latham with 24%. Also, it has in the middle range of other places in the metropolitan area in terms of person in poverty 55 to 64 years at 6% of the total.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Illini township has the percentage of less than highschool in poverty the second smallest in order of less than highschool in poverty of all the other places in the surrounding region at 6% of the total. Figure 29 looks at only those people who make less than the poverty level of income and breaks down there employment status. Illini township has the largest proportion of people who are in poverty and employed at 41.3% of the total and is ranked #1. Second, it has one of the largest proportions of people who are in poverty and not in labor force at 12.7% of the total and is ranked #2. The only larger city being Niantic with 72.7%. 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.) Illini township shows it has a households with public assistance of 7.5% which is the second smallest when ranked by households with public assistance of all the other places in the greater region. The city with the highest households with public assistance in the area is Latham which shows a households with public assistance of 32.5% (approximately 4.3 times bigger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Illini township depicts it has a the gini index of 34.4% which is the second smallest as measured by the gini index of all the other places in the metro area.

Illini township Illinois Work Commute Charts

In Figure 35 is shown a frequency distribution of the time that people leave for work. Illini township has the smallest proportion of people who leave for work between 12am to 5am at 2% of the total. Second, it has the largest proportion of people who leave for work between 12noon to 4pm at 10% of the total and is ranked #1. Third, it has one of the largest proportions of people who leave for work between 4pm to midnight at 14% of the total and is ranked #2. The only larger city being Warrensburg with 16%.

The next graph in Figure 36 shows the average number of minutes that it takes for people to commute to work. Illini township has one of the largest proportions of people with commute time between 5 to 9 minutes at 10% of the total and is ranked #2. The only larger city being Decatur with 19%. Second, it has the smallest proportion of people with commute time between 40 to 44 minutes at 0% of the total. Third, it has the largest proportion of people with commute time between 45 to 59 minutes at 7% of the total and is ranked #1.

The average commute time is shown in Figure 37. Illini township depicts it has an average commute time of 20 which is in the mid range of other places in the surrounding region. Figure 38 shows the difference between male versus female commuting time. Illini township depicts average commute time in minutes for men 7.3% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Illini township has one of the largest proportions of 1 vehicle available at 29% of the total and is ranked #2. The only larger city being Warrensburg with 33%. Second, it has the second smallest in order of no vehicle available of all the other places in the metro area in order of 2 vehicles available at 37% of the total. Third, it has one of the largest proportions of 4 vehicles available at 8% of the total and is ranked #3. Only #2 Warrensburg (10%), and #1 Forsyth (10%) are larger. Also, it has the second smallest in terms of no vehicle available of all the other places in the greater region in terms of 5 or more vehicles available at 1% of the total. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Illini township depicts it has a people who both work and live in the same city of 9% which is in the middle range of other places in the metro area. The city with the highest people who both work and live in the same city in the area is Decatur which shows a people who both work and live in the same city of 78% ( appreciably bigger). Comparing people who both work and live in the same city to the United States average of 42%, Illini township is approximately a fifth the size. Also, versus the state of Illinois, people who both work and live in the same city of 38%, Illini township is approximately a quarter the size.

Illini 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. Illini township shows it has the hightest median earnings of $81,667 for the management, business, and financial occupations classification. Similarly, Figure 47 shows the median earnings of women for the job categories and Illini township shows it has the hightest median earnings of $60,197 for the earnings-healthcare practitioners and tech occupations classification. The table in Figure 48, shows Illini township employment data in terms of job categories and salary data.

Illini 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. Illini township depicts it has the hightest entrepreneurs of 100% for the self employed management, business, science, and arts businesses classification.

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. Illini township depicts it has the hightest entrepreneurs of 100% for the self employed in wholesale trade grouping.

In Figure 51 the average annual self employment/entrepreneur income is shown. Illini township shows it has an average annual self employment income of $29,028 which is the third most average annual self employment income of all other places in the greater Illini township region. The city with the highest average annual self employment income in the area is Forsyth which shows an average annual self employment income of $66,645 (approximately 2.3 times bigger). Comparing average annual self employment income to the United States average of $37,819, Illini township is approximately three-fourths the size. Also, in comparison with the state of Illinois, average annual self employment income of $37,670, Illini township is approximately three-fourths the size.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Illini township depicts total number of self-employed men 73.3% larger as the total number of self-employed women.