Pine Rock township Illinois Income Charts

This section shows the Pine Rock 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, Pine Rock township shows it has a median earnings per worker of $53,125 which is the second most median earnings of all the places in the greater Pine Rock township region. The city with the highest median earnings per worker in the area is Lost Nation CDP which shows a median earnings of $64,698 (21.8% larger). Comparing median earnings per worker to the United States average of $47,712, Pine Rock township is 11.3% larger. Also, in comparison with the state of Illinois, median earnings per worker of $51,263, Pine Rock township is only about 3.6% larger.

The next section examines a variety of different income statistics for the Pine Rock township metropolitan area. In Figure 3 we see that it has the percentage of earnings less than $10,000 the second smallest when ranked by median earnings of less than $10,000 of all the other places in the local area at 11.2% of the total. Second, it has the smallest proportion of earnings between $10,000 and $14,999 at 3.2% of the total. Third, it has the largest proportion of earnings between $15,000 and $19,999 at 13.2% of the total and is ranked #1. Also, it has one of the largest proportions of earnings of $100,000 more at 8.9% of the total and is ranked #2. The only larger city being Lost Nation CDP with 24.6%.

Figure 5 has the Average number of hours worked in a typical work week during the year, it has an average hours of 39.5 which is in the mid range of other places in the area. The city with the highest average hours in the area is Oregon which shows an average hours of 41.7 (only about 5.6% 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 $25.86 which is the second most average hourly earnings of all the places in the greater Pine Rock township region. The city with the highest average hourly earnings in the area is Lost Nation CDP which depicts an average hourly earnings of $30.35 (17.3% larger). Comparing average hourly earnings to the United States average of $23.71, Pine Rock township is 9.1% larger. Also, measured against the state of Illinois, average hourly earnings of $25.61, Pine Rock township is only slightly larger.

Figure 7 examines the number of self employed people in the Pine Rock township metro area based on the number of people who reported any self employment income. Pine Rock township shows it has a percentage of people self employed of 10.5% which is the second most people self employed of all the places in the greater Pine Rock township region. The city with the highest percentage of people self employed in the area is Lost Nation CDP which depicts a percentage self employed of 17.7% (67.5% larger).

Turning our attention to Figure 8, the median household income by age group, it has one of the largest proportions of median income-45 to 64 years at $92,614 of the total and is ranked #2. The only larger city being Lost Nation CDP with $106,364. Second, it has the largest proportion of median income-65 years and over at $44,423 of the total and is ranked #1.

Figure 9 breaks down the source of income and Pine Rock township has the smallest proportion of self employment income at 0.2% of the total. Second, it has the largest proportion of investment and retirement income at 15.8% of the total and is ranked #1. Third, it has the smallest proportion of social security at 5.1% of the total.

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 29.1% which is the second most households with retirement income of all the places in the greater Pine Rock township region. The city with the highest households with retirement income in the area is Lost Nation CDP which depicts a households with retirement income of 32.3% (11.1% 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 $83,611 of the total and is ranked #2. The only larger city being Lost Nation CDP with $110,129. Second, it has one of the largest proportions of white family income at $83,611 of the total and is ranked #2. The only larger city being Lost Nation CDP with $110,129.

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

Pine Rock 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 disasterous Coronavirus Pandemic the monthly unemployment rate went from 17.4% to 6.9% in December 2019. This represents a decrease in the monthly unemployment rate of 60.3%. Since that time, the monthly unemployment rate has gone to 6.9% 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 72,654 to 66,070 in November 2019. This represents a decrease in the monthly labor force participation of 9.1%. Since that time, the monthly labor force participation has gone to 66,070 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 Pine Rock township depicts it has an unemployment rate of 2.8% which is less than most other places in the metro area. The city with the highest unemployment rate in the area is Ashton which depicts a rate of 6.4% (approximately 2.3 times bigger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Pine Rock township shows it has a participation rate of 57.5% which is the smallest when sorted by participation rate of all the other places in the metropolitan 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). Pine Rock township has the smallest proportion of employed at 54.7% of the total. Second, it has the largest proportion of not in labor force at 42.5% 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. Pine Rock township depicts 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 Pine Rock township area. Pine Rock township depicts it has a families with a single earner of 51.1% which is the largest of all places in the local area. The percentage of families with no one working is depicted in Figure 22. Pine Rock township depicts it has a families with no one working of 6.6% which is the smallest when ranked by families with no one working of all the other places in the surrounding region. The city with the highest families with no one working in the area is Oregon which shows a families with no worker of 27.2% (approximately 4.1 times bigger).

Pine Rock township Illinois Poverty Charts

The next section details economy analysis about poverty for residents of the Pine Rock 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. Pine Rock township shows it has a total people earning less than the poverty level of 186 which is in the center range of other places in the area. The city with the highest total people earning less than the poverty level in the area is Rochelle which depicts a total people earning less than the poverty level of 689 (approximately 3.7 times bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Pine Rock township shows it has a percent of people earning less than the poverty level of 14.9% which is the third most percent of people earning less than the poverty level of all other places in the greater Pine Rock township region. The city with the highest percent of people earning less than the poverty level in the area is Stillman Valley which depicts a percent of people in poverty of 19.7% (32.2% larger).

In Figure 25 people who are in poverty are broken out by age group. Pine Rock township has the largest proportion of person in poverty under 12 years at 29% of the total and is ranked #1. Second, it has one of the largest proportions of person in poverty 18 to 34 years at 35% of the total and is ranked #2. The only larger city being Hillcrest with 36%. Third, it has one of the largest proportions of person in poverty 55 to 64 years at 16% of the total and is ranked #2. The only larger city being Oregon with 21%.

Figure 27 shows key poverty statistics for groups based on marriage status. Pine Rock township has one of the largest proportions of unmarried with children and in poverty at 34% of the total and is ranked #2. The only larger city being Stillman Valley with 55%. Second, it has one of the largest proportions of unmarried male with children and in poverty at 52% of the total and is ranked #2. The only larger city being Ashton with 61%.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Pine Rock township has the largest proportion of highschool graduate and in poverty at 36% of the total and is ranked #1. Figure 29 looks at only those people who make less than the poverty level of income and breaks down there employment status. Pine Rock township has the largest proportion of people who are in poverty and unemployed at 16.1% of the total and is ranked #1. Second, it has the largest proportion of people who are in poverty and not in labor force at 54.8% 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.) Pine Rock township depicts it has a households with public assistance of 10.5% which is less than most other places in the surrounding region. The city with the highest households with public assistance in the area is Oregon which shows a households with public assistance of 17.8% (69.0% larger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Pine Rock township depicts it has a the gini index of 36.2% which is less than most other places in the local area.

Pine Rock township Illinois Work Commute Charts

The following set of charts detail a variety of metrics that have economic impact, economic grow factors and economic development metrics in the Pine Rock township community and has an impact on other factors such as economic growth, population growth, economic recovery, job growth, etc.. Figure 32 shows a high level view of how the population commutes to work (including the percent of people who work from home.) Pine Rock township has the largest proportion of people who drive a car or motorcycle to work at 98% of the total and is ranked #1. Second, it has the smallest proportion of people who work at home at 2% of the total. Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Pine Rock township or elsewhere.) Pine Rock township has one of the largest proportions of people who drove alone at 87% of the total and is ranked #2. The only larger city being Stillman Valley with 94%. Second, it has the smallest proportion of people who work at home at 2% of the total.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Pine Rock township has one of the largest proportions of people who leave for work between 12am to 5am at 12% of the total and is ranked #3. Only #2 Lost Nation CDP (13%), and #1 Ashton (14%) are larger. Second, it has the largest proportion of people who leave for work between 5am to 530am at 10% of the total and is ranked #1. Third, it has the largest proportion of people who leave for work between 530 am to 6am at 30% of the total and is ranked #1. Also, it has the smallest proportion of people who leave for work between 12noon to 4pm at 3% of the total. In addition, it has the second smallest when ranked by people who leave for work between 12am to 5am of all the other places in the metro area when sorted by people who leave for work between 4pm to midnight at 4% of the total.

The next graph in Figure 36 shows the average number of minutes that it takes for people to commute to work. Pine Rock township has the percentage of people with commute time between 5 to 9 minutes the second smallest as measured by people with commute time of less than 5 minutes of all the other places in the metro area at 5% of the total. Second, it has the largest proportion of people with commute time between 30 to 34 minutes at 24% of the total and is ranked #1. Third, it has the largest proportion of people with commute time between 35 to 39 minutes at 7% of the total and is ranked #1. Also, it has one of the largest proportions of people with commute time of 90 or more minutesutes at 12% of the total and is ranked #2. The only larger city being Lost Nation CDP with 22%.

The average commute time is shown in Figure 37. Pine Rock township depicts it has an average commute time of 38 which is the second most average commute time of all the places in the greater Pine Rock township region. Figure 38 shows the difference between male versus female commuting time. Pine Rock township depicts average commute time in minutes for men approximately 2.3 times bigger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Pine Rock township has the largest proportion of 1 vehicle available at 36% of the total and is ranked #1. Second, it has the smallest proportion of 2 vehicles available at 24% of the total. Third, it has less than most other places in the local area as measured by 4 vehicles available at 5% of the total. Also, it has the largest proportion of 5 or more vehicles available at 6% of the total and is ranked #1.

Pine Rock 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. Pine Rock township depicts it has the hightest median earnings of $95,637 for the earnings-natural resources, construction, maintenance occupations aggregate. The table in Figure 48, shows Pine Rock township employment data in terms of job categories and salary data.

Pine Rock township Illinois Self Employment Charts

In Figure 51 the average annual self employment/entrepreneur income is shown. Pine Rock township depicts it has an average annual self employment income of $1,302 which is the smallest as measured 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 Lost Nation CDP which shows an average annual self employment income of $41,722 ( substantially bigger). Comparing average annual self employment income to the United States average of $37,819, Pine Rock township is only about 3.4% the size. Also, benchmarked against the state of Illinois, average annual self employment income of $37,670, Pine Rock township is only about 3.5% the size.