Perryton township Illinois Income Charts

This section shows the Perryton 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, Perryton township shows it has a median earnings per worker of $43,000 which is in the mid range of other places in the metro area. The city with the highest median earnings per worker in the area is Reynolds which shows a median earnings of $50,385 (17.2% larger). Comparing median earnings per worker to the United States average of $47,712, Perryton township is about 11.0% smaller. Also, versus the state of Illinois, median earnings per worker of $51,263, Perryton township is about 19.2% 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 $67,955 which is the largest of all places in the greater Perryton township region. Comparing median household income to the United States average of $60,293, Perryton township is 12.7% larger. Also, benchmarked against the state of Illinois, median household income of $63,575, Perryton township is 6.9% larger.

The next section examines a variety of different income statistics for the Perryton township metropolitan area. In Figure 3 we see that it has the smallest proportion of earnings less than $10,000 at 5.0% of the total. Second, it has the largest proportion of earnings between $10,000 and $14,999 at 16.7% of the total and is ranked #1. Third, it has one of the largest proportions of earnings between $20,000 and $49,999 at 45.5% of the total and is ranked #2. The only larger city being Joy with 45.8%.

Figure 5 has the Average number of hours worked in a typical work week during the year, it has an average hours of 41.8 which is the most of all places in the greater Perryton township region. 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 $19.78 which is the second smallest when ranked by average hourly earnings of all the other places in the area. The city with the highest average hourly earnings in the area is Andalusia which shows an average hourly earnings of $24.37 (23.2% larger). Comparing average hourly earnings to the United States average of $23.71, Perryton township is about 19.8% smaller. Also, benchmarked against the state of Illinois, average hourly earnings of $25.61, Perryton township is approximately three-fourths the size.

Figure 7 examines the number of self employed people in the Perryton township metro area based on the number of people who reported any self employment income. Perryton township shows it has a percentage of people self employed of 17.9% which is ranked #1 of all places in the greater Perryton 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 the second smallest in order of median income for those under 25 years of age of all the other places in the surrounding region at $59,063 of the total. Second, it has one of the largest proportions of median income-45 to 64 years at $71,563 of the total and is ranked #3. Only #2 Matherville ($85,250), and #1 Viola ($100,568) are larger. Third, it has the largest proportion of median income-65 years and over at $61,250 of the total and is ranked #1.

Figure 9 breaks down the source of income and Perryton township has the smallest proportion of income from wages at 65.4% of the total. Second, it has the largest proportion of investment and retirement income at 24.7% 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 17.3% which is the smallest in terms of households with retirement income of all the other places in the metropolitan area. The city with the highest households with retirement income in the area is Aledo which shows a households with retirement income of 27.8% (60.9% larger).

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 area at $69,148 of the total. Second, it has in the mid range of other places in the area in terms of white family income at $69,148 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. Perryton township depicts it has the hightest cost of 103.1 for the cost of utilities category.

Perryton 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 shows that from February 2010 to before the Wuhan virus Pandemic the monthly unemployment rate went from 11.8% to 5.1% in December 2019. This represents a decrease in the monthly unemployment rate of 56.8%. Since that time, the monthly unemployment rate has gone to 5.1% 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 Coronavirus Pandemic the monthly labor force participation went from 19,396 to 18,178 in November 2019. This represents a decrease in the monthly labor force participation of 6.3%. Since that time, the monthly labor force participation has gone to 18,178 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 Perryton township shows it has an unemployment rate of 0.6% which is the smallest when ranked by unemployment rate of all the other places in the metropolitan area. The city with the highest unemployment rate in the area is Matherville which depicts a rate of 6.5% ( very much bigger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Perryton township depicts it has a participation rate of 59.0% which is the smallest when sorted by participation rate of all the other places in the greater 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). Perryton township has the smallest proportion of unemployed at 0.6% of the total. Second, it has the largest proportion of not in labor force at 41.0% 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. Perryton township depicts full time employees considerably 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 Perryton township area. Perryton township depicts it has a families with a single earner of 38.0% which is more than all other places in the greater Perryton township region. The percentage of families with no one working is depicted in Figure 22. Perryton township shows it has a families with no one working of 7.0% which is the smallest in terms of families with no one working of all the other places in the metro area. The city with the highest families with no one working in the area is Matherville which shows a families with no worker of 21.1% (approximately 3.0 times bigger).

Perryton township Illinois Poverty Charts

The next section details economy analysis about poverty for residents of the Perryton 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. Perryton township shows it has a total people earning less than the poverty level of 11 which is the smallest when ranked by total people earning less than the poverty level of all the other places in the metro area. The city with the highest total people earning less than the poverty level in the area is Aledo which indicates a total people earning less than the poverty level of 246 ( markedly bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Perryton township depicts it has a percent of people earning less than the poverty level of 2.7% which is the smallest in terms of percent of people earning less than the poverty level of all the other places in the greater region. The city with the highest percent of people earning less than the poverty level in the area is Matherville which depicts a percent of people in poverty of 16.3% ( substantially bigger).

In Figure 25 people who are in poverty are broken out by age group. Perryton township has the largest proportion of person in poverty 18 to 34 years at 73% of the total and is ranked #1.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Perryton township has the smallest proportion of white poverty rate at 3% of the total.

Figure 27 shows key poverty statistics for groups based on marriage status. Perryton township has the percentage of unmarried with children and in poverty less than most other places in the greater region at 27% of the total. Second, it has the largest proportion of unmarried female with children and in poverty at 100% of the total and is ranked #1.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Perryton township has the smallest proportion of highschool graduate 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. Perryton township has the largest proportion of people who are in poverty and not in labor force at 72.7% 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.) Perryton township shows it has a households with public assistance of 1.2% which is the smallest when sorted by households with public assistance of all the other places in the metro area. The city with the highest households with public assistance in the area is Matherville which depicts a households with public assistance of 18.0% ( substantially bigger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Perryton township shows it has a the gini index of 31.3% which is the smallest as measured by the gini index of all the other places in the greater region.

Perryton township Illinois Work Commute Charts

Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Perryton township or elsewhere.) Perryton township has the largest proportion of people who drove alone at 99% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Perryton township has the smallest proportion of people who leave for work between 5am to 530am at 1% of the total. Second, it has the smallest proportion of people who leave for work between 7am to 730am at 4% of the total. Third, it has the largest proportion of people who leave for work between 730 am to 8am at 24% of the total and is ranked #1. Also, it has the largest proportion of people who leave for work between 830 am to 9am at 20% of the total and is ranked #1. In addition, it has the largest proportion of people who leave for work between 12noon to 4pm at 13% 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. Perryton township has the percentage of people with commute time of less than 5 minutesutes in the mid range of other places in the greater region at 7% of the total. Second, it has less than most other places in the greater region in terms of people with commute time between 5 to 9 minutes at 2% of the total. Third, it has the largest proportion of people with commute time between 15 to 19 minutes at 25% of the total and is ranked #1.

The average commute time is shown in Figure 37. Perryton township depicts it has an average commute time of 23 which is the second smallest when sorted by average commute time of all the other places in the surrounding region. Figure 38 shows the difference between male versus female commuting time. Perryton township shows average commute time in minutes for men 51.9% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Perryton township has the largest proportion of 1 vehicle available at 23% of the total and is ranked #1. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Perryton township depicts it has a people who both work and live in the same city of 5% which is the second smallest when sorted by people who both work and live in the same city of all the other places in the greater region. The city with the highest people who both work and live in the same city in the area is Aledo which indicates a people who both work and live in the same city of 57% ( considerably bigger). Comparing people who both work and live in the same city to the United States average of 42%, Perryton township is approximately an eigth the size. Also, versus the state of Illinois, people who both work and live in the same city of 38%, Perryton township is approximately an eigth the size.

Perryton 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. Perryton township depicts it has the hightest median earnings of $66,250 for the earnings-natural resources, construction, maintenance occupations category. The table in Figure 48, shows Perryton township employment data in terms of job categories and salary data.