Marengo township Illinois Income Charts

This section shows the Marengo 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, Marengo township depicts it has a median earnings per worker of $49,286 which is the third most of all other places in the greater region. The city with the highest median earnings per worker in the area is Union which depicts a median earnings of $58,295 (18.3% larger). Comparing median earnings per worker to the United States average of $47,712, Marengo township is only about 3.3% larger. Also, compared to the state of Illinois, median earnings per worker of $51,263, Marengo township is only about 4.0% 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 $68,843 which is at the top of all other places in the greater Marengo township region. Comparing median household income to the United States average of $60,293, Marengo township is 14.2% larger. Also, compared with the state of Illinois, median household income of $63,575, Marengo township is 8.3% larger.

The next section examines a variety of different income statistics for the Marengo township metropolitan area. In Figure 3 we see that it has the percentage of earnings between $15,000 and $19,999 less than most other places in the local area at 6.0% of the total. Second, it has the largest proportion of earnings between $50,000 and $74,999 at 26.1% of the total and is ranked #1. Third, it has one of the largest proportions of earnings of $100,000 more at 7.8% of the total and is ranked #2. The only larger city being Union with 11.2%.

Figure 5 has the Average number of hours worked in a typical work week during the year, it has an average hours of 39.9 which is the third most average hours of all other places in the greater Marengo township region. The city with the highest average hours in the area is Marengo which shows an average hours of 40.3 ( only slightly 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 $23.75 which is the third most average hourly earnings of all other places in the greater Marengo township region. The city with the highest average hourly earnings in the area is Union which depicts an average hourly earnings of $31.05 (30.7% larger). Comparing average hourly earnings to the United States average of $23.71, Marengo township is about the same size. Also, compared with the state of Illinois, average hourly earnings of $25.61, Marengo township is about 7.8% smaller.

Figure 7 examines the number of self employed people in the Marengo township metro area based on the number of people who reported any self employment income. Marengo township shows it has a percentage of people self employed of 9.7% which is at the top of all other places in the greater Marengo township region.

Turning our attention to Figure 8, the median household income by age group, has the percentage of median income-25 to 44 years less than most other places in the area at $48,533 of the total. Second, it has one of the largest proportions of median income-45 to 64 years at $95,170 of the total and is ranked #2. The only larger city being Union with $97,917. Third, it has in the mid range of other places in the local area when ranked by median income-65 years and over at $46,250 of the total.

Figure 9 breaks down the source of income and Marengo township has the largest proportion of self employment income at 2.9% 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 17.6% which is in the mid range of other places in the metropolitan area. The city with the highest households with retirement income in the area is Garden Prairie CDP which depicts a households with retirement income of 25.9% (46.9% larger).

In the next chart, Figure 12, the median family income is shown for families broken down by racial group and it has the largest proportion of overall family income at $91,136 of the total and is ranked #1. Second, it has the largest proportion of white family income at $91,222 of the total and is ranked #1. Third, it has the largest proportion of hispanic family income at $91,836 of the total and is ranked #1.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Marengo township depicts it has the hightest cost of 111.2 for the cost of utilities aggregate.

Marengo 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 2006 to before the disasterous Covid-19 virus Pandemic the monthly unemployment rate went from 4.8% to 3.5% in February 2020. This represents a decrease in the monthly unemployment rate of 27.1%. Since that time, the monthly unemployment rate has gone to 6.9% This represents an increase in the monthly unemployment rate of 97.1%. 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 disasterous Coronavirus Pandemic the monthly labor force participation went from 13,112 to 12,755 in November 2019. This represents a decrease in the monthly labor force participation of 2.7%. Since that time, the monthly labor force participation has gone to 12,755 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 Marengo township depicts it has an unemployment rate of 1.9% which is less than most other places in the metro area. The city with the highest unemployment rate in the area is Capron which depicts a rate of 9.0% (approximately 4.8 times bigger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Marengo township depicts it has a participation rate of 70.2% which is less than most other places in the metro area.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Marengo township indicates full time employees approximately 3.6 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 Marengo township area. Marengo township shows it has a families with a single earner of 23.4% which is less than most other places in the metro area. The city with the highest families with a single earner in the area is Chemung CDP which shows a single earners rate of 55.9% (approximately 2.4 times bigger). The percentage of families with no one working is depicted in Figure 22. Marengo township shows it has a families with no one working of 11.8% which is the second most of all the places in the local area. The city with the highest families with no one working in the area is Garden Prairie CDP which depicts a families with no worker of 100.0% ( considerably bigger).

Marengo township Illinois Poverty Charts

The next section details economy analysis about poverty for residents of the Marengo 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. Marengo township shows it has a total people earning less than the poverty level of 857 which is the third most total people earning less than the poverty level of all other places in the greater Marengo township region. The city with the highest total people earning less than the poverty level in the area is Harvard which shows a total people earning less than the poverty level of 1,223 (42.7% larger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Marengo township shows it has a percent of people earning less than the poverty level of 11.8% which is the smallest as measured by percent of people earning less than the poverty level of all the other places in the area. The city with the highest percent of people earning less than the poverty level in the area is Chemung CDP which depicts a percent of people in poverty of 65.6% ( considerably bigger).

In Figure 25 people who are in poverty are broken out by age group. Marengo township has one of the largest proportions of person in poverty under 12 years at 34% of the total and is ranked #2. The only larger city being Harvard with 40%. Second, it has one of the largest proportions of person in poverty 35 to 54 years at 29% of the total and is ranked #2. The only larger city being Marengo with 29%. Third, it has less than most other places in the local area in order of person in poverty 55 to 64 years at 5% of the total. Also, it has less than most other places in the greater region as measured by person in poverty 65+ years at 2% of the total.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Marengo township has the smallest proportion of white poverty rate at 11% of the total. Second, it has one of the largest proportions of black poverty rate at 31% of the total and is ranked #2. The only larger city being Harvard with 62%.

Figure 27 shows key poverty statistics for groups based on marriage status. Marengo township has the percentage of married with children and in poverty in the mid point range of other places in the metropolitan area at 14% of the total. Second, it has one of the largest proportions of unmarried with children and in poverty at 47% of the total and is ranked #2. The only larger city being Chemung CDP with 93%. Third, it has the largest proportion of unmarried female with children and in poverty at 58% of the total and is ranked #1. 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.) Marengo township shows it has a households with public assistance of 10.6% which is the smallest when ranked by households with public assistance of all the other places in the area. The city with the highest households with public assistance in the area is Chemung CDP which depicts a households with public assistance of 33.8% (approximately 3.2 times bigger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Marengo township depicts it has a the gini index of 39.9% which is the third most the gini index of all other places in the greater Marengo township region.

Marengo township Illinois Work Commute Charts

Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Marengo township or elsewhere.) Marengo township has the percentage of people who drove alone in the mid range of other places in the metro area at 86% of the total. Second, it has the second smallest in order of people who drove alone of all the other places in the metropolitan area when sorted by people who carpooled at 9% of the total. Third, it has the largest proportion of people who take the bus at 0% of the total and is ranked #1. Also, it has the largest proportion of people who bike at 0% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Marengo township has the largest proportion of people who leave for work between 5am to 530am at 9% of the total and is ranked #1. Second, it has the largest proportion of people who leave for work between 730 am to 8am at 13% of the total and is ranked #1. Third, it has less than most other places in the greater region when sorted by people who leave for work between 4pm to midnight at 7% of the total.

The next graph in Figure 36 shows the average number of minutes that it takes for people to commute to work. Marengo township has one of the largest proportions of people with commute time of less than 5 minutesutes at 8% of the total and is ranked #2. The only larger city being Union with 12%. Second, it has one of the largest proportions of people with commute time between 5 to 9 minutes at 13% of the total and is ranked #3. Only #2 Capron (14%), and #1 Chemung CDP (21%) are larger. Third, it has the largest proportion of people with commute time between 60 to 89 minutes at 13% of the total and is ranked #1.

The average commute time is shown in Figure 37. Marengo township indicates it has an average commute time of 30 which is the third most average commute time of all other places in the greater Marengo township region. Figure 38 shows the difference between male versus female commuting time. Marengo township depicts average commute time in minutes for men 61.0% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Marengo township has the percentage of 2 vehicles available less than most other places in the metro area at 47% of the total. Second, it has the largest proportion of 4 vehicles available at 15% of the total and is ranked #1. Third, it has one of the largest proportions of 5 or more vehicles available at 5% of the total and is ranked #3. Only #2 Capron (6%), and #1 Harvard (9%) are larger. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Marengo township depicts it has a people who both work and live in the same city of 25% which is the second most people who both work and live in the same city of all the places in the greater Marengo township region. The city with the highest people who both work and live in the same city in the area is Harvard which shows a people who both work and live in the same city of 26% (only about 4.3% larger). Comparing people who both work and live in the same city to the United States average of 42%, Marengo township is approximately three-fourths the size. Also, benchmarked against the state of Illinois, people who both work and live in the same city of 38%, Marengo township is approximately three-fourths the size.

Marengo 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. Marengo township depicts it has the hightest median earnings of $70,398 for the earnings-protective service occupations group. Similarly, Figure 47 shows the median earnings of women for the job categories and Marengo township depicts it has the hightest median earnings of $67,697 for the earnings-healthcare practitioners and tech occupations classification. The table in Figure 48, shows Marengo township employment data in terms of job categories and salary data.

Marengo 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. Marengo township shows it has the hightest entrepreneurs of 39% for the self employed in natural resources, construction, and maintenance 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. Marengo township shows it has the hightest entrepreneurs of 30% for the self employed in professional, scientific, management, administrative services classification.

In Figure 51 the average annual self employment/entrepreneur income is shown. Marengo township depicts it has an average annual self employment income of $25,042 which is the most of all places in the greater Marengo township region. Comparing average annual self employment income to the United States average of $37,819, Marengo township is approximately three-fourths the size. Also, versus the state of Illinois, average annual self employment income of $37,670, Marengo 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.) Marengo township shows total number of self-employed men approximately 2.6 times bigger as the total number of self-employed women.