Pleasant Ridge township Illinois Income Charts

This section shows the Pleasant Ridge 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, Pleasant Ridge township depicts it has a median earnings per worker of $39,079 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 Saunemin which shows a median earnings of $51,667 (32.2% larger). Comparing median earnings per worker to the United States average of $47,712, Pleasant Ridge township is about 22.1% smaller. Also, measured against the state of Illinois, median earnings per worker of $51,263, Pleasant Ridge 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 $39,250 which is less than most other places in the metro area. The city with the highest median household income in the area is Strawn which depicts a median income of $75,625 (about twice as large). Comparing median household income to the United States average of $60,293, Pleasant Ridge township is approximately three-fourths the size. Also, in comparison with the state of Illinois, median household income of $63,575, Pleasant Ridge township is approximately three-fourths the size.

The next section examines a variety of different income statistics for the Pleasant Ridge township metropolitan area. In Figure 3 we see that it it has the largest proportion of earnings less than $10,000 at 31.3% of the total and is ranked #1. Second, it has the smallest proportion of earnings between $10,000 and $14,999 at 4.5% of the total. Third, it has the smallest proportion of earnings between $50,000 and $74,999 at 6.0% of the total. Also, it has the largest proportion of earnings between $75,000 and $99,999 at 23.9% of the total and is ranked #1.

Figure 5 has the Average number of hours worked in a typical work week during the year, it has an average hours of 40.1 which is the largest of all places in the greater Pleasant Ridge 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 $18.74 which is less than most other places in the local area. The city with the highest average hourly earnings in the area is Saunemin which depicts an average hourly earnings of $24.84 (32.5% larger). Comparing average hourly earnings to the United States average of $23.71, Pleasant Ridge township is approximately three-fourths the size. Also, versus the state of Illinois, average hourly earnings of $25.61, Pleasant Ridge township is approximately three-fourths the size.

Figure 7 examines the number of self employed people in the Pleasant Ridge township metro area based on the number of people who reported any self employment income. Pleasant Ridge township shows it has a percentage of people self employed of 20.0% which is the highest of all places in the greater Pleasant Ridge township region.

Figure 9 breaks down the source of income and Pleasant Ridge township has the smallest proportion of investment and retirement income at -1.1% of the total. Second, it has the largest proportion of social security at 21.9% 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 18.5% which is the third most of all other places in the area. The city with the highest households with retirement income in the area is Saunemin which shows a households with retirement income of 20.7% (12.2% larger).

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Pleasant Ridge township shows it has the hightest cost of 100.7 for the cost of miscellaneous items aggregate.

Pleasant Ridge 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 7.3% to 3.0% in December 2019. This represents a decrease in the monthly unemployment rate of 58.9%. Since that time, the monthly unemployment rate has gone to 3.0% 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 COVID-19 Pandemic the monthly labor force participation went from 29,686 to 28,681 in November 2019. This represents a decrease in the monthly labor force participation of 3.4%. Since that time, the monthly labor force participation has gone to 28,681 This represents an increase in the monthly labor force participation of very little. Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Pleasant Ridge township depicts it has a participation rate of 51.9% which is the smallest in order of 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). Pleasant Ridge township has the largest proportion of not in labor force at 48.1% 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. Pleasant Ridge township shows full time employees approximately 2.5 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 Pleasant Ridge township area. Pleasant Ridge township depicts it has a families with a single earner of 67.9% which is ranked #1 of all places in the metro area. The percentage of families with no one working is depicted in Figure 22. Pleasant Ridge township shows it has a families with no one working of 21.4% which is the second most families with no one working of all the places in the greater Pleasant Ridge township region. The city with the highest families with no one working in the area is Chatsworth which shows a families with no worker of 23.8% (11.0% larger).

Pleasant Ridge township Illinois Poverty Charts

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Pleasant Ridge township depicts it has a the gini index of 30.6% which is the second smallest as measured by the gini index of all the other places in the metro area.

Pleasant Ridge 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 Pleasant Ridge 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.) Pleasant Ridge township has the smallest proportion of people who drive a car or motorcycle to work at 78% of the total. Second, it has the largest proportion of people who work at home at 15% of the total and is ranked #1. Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Pleasant Ridge township or elsewhere.) Pleasant Ridge township has the smallest proportion of people who drove alone at 78% of the total. Second, it has the largest proportion of people who walked at 7% of the total and is ranked #1. Third, it has the largest proportion of people who work at home at 15% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Pleasant Ridge township has the largest proportion of people who leave for work between 5am to 530am at 33% of the total and is ranked #1. Second, it has the smallest proportion of people who leave for work between 7am to 730am at 5% of the total. Third, it has the largest proportion of people who leave for work between 830 am to 9am at 4% of the total and is ranked #1. Also, it has the largest proportion of people who leave for work between 10am to 11am at 4% 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. Pleasant Ridge township has the largest proportion of people with commute time of less than 5 minutesutes at 53% of the total and is ranked #1. Second, it has one of the largest proportions of people with commute time between 45 to 59 minutes at 14% of the total and is ranked #2. The only larger city being Strawn with 14%.

The average commute time is shown in Figure 37. Pleasant Ridge township shows it has an average commute time of 13 which is the smallest in terms of average commute time of all the other places in the greater region. Figure 38 shows the difference between male versus female commuting time. Pleasant Ridge township shows average commute time in minutes for men approximately 4.5 times bigger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Pleasant Ridge township has the smallest proportion of 2 vehicles available at 27% of the total. Second, it has the largest proportion of 3 vehicles available at 40% of the total and is ranked #1. Third, it has the largest proportion of 5 or more vehicles available at 33% of the total and is ranked #1.

Pleasant Ridge township Illinois Jobs Charts

The table in Figure 48, shows Pleasant Ridge township employment data in terms of job categories and salary data.

Pleasant Ridge township Illinois Self Employment Charts

In Figure 51 the average annual self employment/entrepreneur income is shown. Pleasant Ridge township indicates it has an average annual self employment income of $12,969 which is in the mid point range of other places in the metro area. The city with the highest average annual self employment income in the area is Fairbury which shows an average annual self employment income of $42,861 (approximately 3.3 times bigger). Comparing average annual self employment income to the United States average of $37,819, Pleasant Ridge township is approximately a third the size. Also, versus the state of Illinois, average annual self employment income of $37,670, Pleasant Ridge township is approximately a third the size.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Pleasant Ridge township shows total number of self-employed men approximately 2.2 times bigger as the total number of self-employed women.