Paderborn CDP Illinois Income Charts

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 $50,054 which is the smallest when sorted by median household income of all the other places in the metro area. The place with the highest median household income in the area is Smithton which shows a median income of $78,073 (56.0% larger). Comparing median household income to the United States average of $62,843, Paderborn CDP is approximately three-fourths the size. Also, benchmarked against the state of Illinois, median household income of $65,886, Paderborn CDP is approximately three-fourths the size.

The next section examines a variety of different income statistics for the Paderborn CDP metropolitan area. In Figure 3 we see that it it has the largest proportion of earnings between $15,000 and $19,999 at 63.0% of the total and is ranked #1. Second, it has the largest proportion of earnings between $20,000 and $49,999 at 37.0% of the total and is ranked #1.

Figure 7 examines the number of self employed people in the Paderborn CDP metro area based on the number of people who reported any self employment income. Paderborn CDP shows it has a Self Employed of 11.9% which is the highest of all places in the metropolitan area.

The next chart (Figure 11) shows the percentage of households that had retirement income over the last 12 months and it has a With Retirement Income of 11.9% which is the smallest as measured by households with retirement income of all the other places in the metro area. The place with the highest households with retirement income in the area is Smithton which shows a households with retirement income of 30.4% (approximately 2.6 times bigger).

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Paderborn CDP depicts it has the hightest cost of 100.8 for the cost of healthcare group.

Paderborn CDP 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 Pandemic the monthly unemployment rate went from 11.7% to 3.4% in February 2020. This represents a decrease in the monthly unemployment rate of 70.9%. Since that time, the monthly unemployment rate has gone to 6.4% This represents an increase in the monthly unemployment rate of 88.2%. 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 indicates that from February 2010 to before the disasterous COVID Pandemic the monthly labor force participation went from 23,793 to 21,902 in February 2020. This represents a decrease in the monthly labor force participation of 7.9%. Since that time, the monthly labor force participation has gone to 22,840 This represents an increase in the monthly labor force participation of 4.3%. Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Paderborn CDP shows it has a Labor Force Participation of 60.5% which is the smallest when ranked by participation rate of all the other 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). Paderborn CDP has the largest proportion of unemployed at 39.5% of the total and is ranked #1.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Paderborn CDP depicts full time employees approximately half the size 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 Paderborn CDP area. Paderborn CDP depicts it has a Single Earner Families of 100.0% which is ranked #1 of all places in the metro area.

Paderborn CDP Illinois Poverty Charts

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Paderborn CDP depicts it has a Gini Index of 21.4% which is the smallest as measured by the gini index of all the other places in the local area.

Paderborn CDP Illinois Work Commute Charts

Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Paderborn CDP or elsewhere.) Paderborn CDP has the percentage of people who drove alone the second smallest as measured by people who drove alone of all the other places in the metropolitan area at 78% of the total. Second, it has the largest proportion of people who carpooled at 22% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Paderborn CDP has the largest proportion of people who leave for work between 5am to 530am at 63% of the total and is ranked #1. Second, it has the largest proportion of people who leave for work between 630 am to 7am at 37% 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. Paderborn CDP has the largest proportion of people with commute time between 40 to 44 minutes at 78% of the total and is ranked #1. Second, it has the largest proportion of people with commute time between 60 to 89 minutes at 22% of the total and is ranked #1. Figure 40 shows the total number of vehicles available for transportation and Paderborn CDP has the largest proportion of 1 vehicle available at 63% of the total and is ranked #1. Second, it has the largest proportion of 2 vehicles available at 37% of the total and is ranked #1.

Paderborn CDP Illinois Jobs Charts

The table in Figure 48, shows Paderborn CDP employment data in terms of job categories and salary data.