Iuka township Illinois Income Charts

This section shows the Iuka 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, Iuka township depicts it has a median earnings per worker of $40,263 which is the second most median earnings of all the places in the greater Iuka township region. The city with the highest median earnings per worker in the area is Kinmundy which shows a median earnings of $41,563 (only about 3.2% larger). Comparing median earnings per worker to the United States average of $47,712, Iuka township is about 18.5% smaller. Also, compared with the state of Illinois, median earnings per worker of $51,263, Iuka township is approximately three-fourths the size.

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 $56,563 which is at the top of all other places in the greater Iuka township region. Comparing median household income to the United States average of $60,293, Iuka township is about 6.6% smaller. Also, in contrast to the state of Illinois, median household income of $63,575, Iuka township is about 12.4% smaller.

The next section examines a variety of different income statistics for the Iuka township metropolitan area. In Figure 3 we see that it has the percentage of earnings less than $10,000 the second smallest as measured by median earnings of less than $10,000 of all the other places in the surrounding region at 16.9% of the total. Second, it has one of the largest proportions of earnings of $100,000 more at 4.7% of the total and is ranked #2. The only larger city being Kinmundy with 5.1%.

Figure 5 has the Average number of hours worked in a typical work week during the year, it has an average hours of 39.4 which is the second most average hours of all the places in the greater Iuka township region. The city with the highest average hours in the area is Iuka which shows an average hours of 39.5 ( about the same size). 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 $19.65 which is in the mid range of other places in the greater region. The city with the highest average hourly earnings in the area is Kinmundy which depicts an average hourly earnings of $21.60 (9.9% larger). Comparing average hourly earnings to the United States average of $23.71, Iuka township is about 20.6% smaller. Also, compared to the state of Illinois, average hourly earnings of $25.61, Iuka township is approximately three-fourths the size.

Figure 7 examines the number of self employed people in the Iuka township metro area based on the number of people who reported any self employment income. Iuka township depicts it has a percentage of people self employed of 13.5% which is the second most people self employed of all the places in the greater Iuka township region. The city with the highest percentage of people self employed in the area is Iuka which shows a percentage self employed of 14.4% (6.8% larger).

Turning our attention to Figure 8, the median household income by age group, it has the largest proportion of median income-under 25 years at $54,750 of the total and is ranked #1. Second, it has one of the largest proportions of median income-25 to 44 years at $52,500 of the total and is ranked #3. Only #2 Kell ($63,125), and #1 Xenia ($65,625) are larger. Third, it has the largest proportion of median income-45 to 64 years at $71,250 of the total and is ranked #1. Also, it has the largest proportion of median income-65 years and over at $48,958 of the total and is ranked #1.

Figure 9 breaks down the source of income and Iuka township has the largest proportion of income from wages at 72.5% 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 24.3% which is the most of all places in the greater region.

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 $65,833 of the total and is ranked #2. The only larger city being Xenia with $67,411. Second, it has one of the largest proportions of white family income at $65,833 of the total and is ranked #2. The only larger city being Xenia with $67,500.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Iuka township shows it has the hightest cost of 120.0 for the cost of utilities category.

Iuka 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 Coronavirus Pandemic the monthly unemployment rate went from 8.7% to 3.5% in December 2019. This represents a decrease in the monthly unemployment rate of 59.8%. Since that time, the monthly unemployment rate has gone to 3.5% 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 depicts that from January 2010 to before the Wuhan Coronavirus/COVID Pandemic the monthly labor force participation went from 11,830 to 11,791 in November 2019. This represents a decrease in the monthly labor force participation of very little. Since that time, the monthly labor force participation has gone to 11,791 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 Iuka township depicts it has an unemployment rate of 7.0% which is in the mid range of other places in the greater region. The city with the highest unemployment rate in the area is Kinmundy which depicts a rate of 7.8% (10.8% larger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Iuka township shows it has a participation rate of 66.9% which is the highest of all places in the local area.

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). Iuka township has the largest proportion of employed at 59.9% of the total and is ranked #1. Second, it has the smallest proportion of not in labor force at 33.1% of the total.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Iuka township shows full time employees approximately 4.0 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 Iuka township area. Iuka township shows it has a families with a single earner of 37.7% which is the third most families with a single earner of all other places in the greater Iuka township region. The city with the highest families with a single earner in the area is Kell which shows a single earners rate of 45.2% (19.8% larger). The percentage of families with no one working is depicted in Figure 22. Iuka township depicts it has a families with no one working of 15.2% which is the smallest as measured by families with no one working of all the other places in the local area. The city with the highest families with no one working in the area is Salem which shows a families with no worker of 23.8% (56.6% larger).

Iuka township Illinois Poverty Charts

The next section details economy analysis about poverty for residents of the Iuka 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. Iuka township depicts it has a total people earning less than the poverty level of 104 which is the third most total people earning less than the poverty level of all other places in the greater Iuka township region. The city with the highest total people earning less than the poverty level in the area is Salem which depicts a total people earning less than the poverty level of 1,651 ( substantially bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Iuka township shows it has a percent of people earning less than the poverty level of 9.8% which is the second smallest as measured by percent of people earning less than the poverty level of all the other places in the surrounding region. The city with the highest percent of people earning less than the poverty level in the area is Salem which indicates a percent of people in poverty of 24.1% (approximately 2.4 times bigger).

In Figure 25 people who are in poverty are broken out by age group. Iuka township has one of the largest proportions of person in poverty 12 to 17 years at 14% of the total and is ranked #2. The only larger city being Iuka with 16%. Second, it has the largest proportion of person in poverty 18 to 34 years at 30% of the total and is ranked #1. Third, it has less than most other places in the area when ranked by person in poverty 35 to 54 years at 20% of the total.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Iuka township has the percentage of white poverty rate the second smallest as measured by white poverty rate of all the other places in the local area at 10% of the total.

Figure 27 shows key poverty statistics for groups based on marriage status. Iuka township has the percentage of unmarried with children and in poverty the second smallest in terms of married with children and in poverty of all the other places in the local area at 29% of the total. Second, it has less than most other places in the greater region when ranked by unmarried female with children and in poverty at 36% of the total.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Iuka township has the percentage of less than highschool in poverty the second smallest in terms of less than highschool in poverty of all the other places in the local area at 1% of the total. Second, it has the smallest proportion of has some college and in poverty at 4% 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. Iuka township has one of the largest proportions of people who are in poverty and employed at 30.8% of the total and is ranked #2. The only larger city being Iuka with 30.9%. 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.) Iuka township shows it has a households with public assistance of 17.9% which is less than most other places in the local area. The city with the highest households with public assistance in the area is Kinmundy which depicts a households with public assistance of 31.1% (73.2% larger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Iuka township shows it has a the gini index of 37.8% which is the second smallest when ranked by the gini index of all the other places in the local area.

Iuka township Illinois Work Commute Charts

Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Iuka township or elsewhere.) Iuka township has the largest proportion of people who took a taxicab, motorcycle or other at 3% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Iuka township has the largest proportion of people who leave for work between 12am to 5am at 11% 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. Iuka township has the percentage of people with commute time of less than 5 minutesutes the second smallest in order of people with commute time of less than 5 minutes of all the other places in the metro area at 3% of the total. Second, it has less than most other places in the area in order of people with commute time between 5 to 9 minutes at 5% of the total. Third, it has the smallest proportion of people with commute time between 10 to 14 minutes at 4% of the total. Also, it has the largest proportion of people with commute time between 25 to 29 minutes at 10% of the total and is ranked #1. In addition, it has the largest proportion of people with commute time between 45 to 59 minutes at 12% of the total and is ranked #1.

The average commute time is shown in Figure 37. Iuka township shows it has an average commute time of 28 which is the second most of all the places in the surrounding region. Figure 38 shows the difference between male versus female commuting time. Iuka township shows average commute time in minutes for men 50.1% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Iuka township has the percentage of 1 vehicle available the second smallest as measured by no vehicle available of all the other places in the local area at 9% of the total. Second, it has one of the largest proportions of 2 vehicles available at 40% of the total and is ranked #2. The only larger city being Kinmundy with 41%. Third, it has in the middle range of other places in the area in order of 4 vehicles available at 17% of the total. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Iuka township depicts it has a people who both work and live in the same city of 8% which is less than most other places in the local area. The city with the highest people who both work and live in the same city in the area is Salem which depicts a people who both work and live in the same city of 61% ( appreciably bigger). Comparing people who both work and live in the same city to the United States average of 42%, Iuka 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%, Iuka township is approximately a fifth the size.

Iuka 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. Iuka township shows it has the hightest median earnings of $63,125 for the earnings-education, legal, community service, arts, media occupations aggregate. Similarly, Figure 47 shows the median earnings of women for the job categories and Iuka township shows it has the hightest median earnings of $46,250 for the earnings-education, legal, community service, arts, media occupations classification. The table in Figure 48, shows Iuka township employment data in terms of job categories and salary data.

Iuka 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. Iuka township shows it has the hightest entrepreneurs of 75% for the self employed management, business, science, and arts businesses category.

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. Iuka township shows it has the hightest entrepreneurs of 75% for the self employed in agriculture, forestry, fishing and hunting, and mining category.

In Figure 51 the average annual self employment/entrepreneur income is shown. Iuka township depicts it has an average annual self employment income of $5,871 which is the second smallest when ranked by average annual self employment income of all the other places in the metropolitan area. The city with the highest average annual self employment income in the area is Kinmundy which depicts an average annual self employment income of $22,441 (approximately 3.8 times bigger). Comparing average annual self employment income to the United States average of $37,819, Iuka township is approximately a sixth the size. Also, benchmarked against the state of Illinois, average annual self employment income of $37,670, Iuka township is approximately a sixth the size.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Iuka township depicts total number of self-employed men considerably bigger as the total number of self-employed women.