Rome township Illinois Income Charts

This section shows the Rome 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, Rome township indicates it has a median earnings per worker of $50,556 which is the largest of all places in the greater Rome township region. Comparing median earnings per worker to the United States average of $47,712, Rome township is only about 6.0% larger. Also, benchmarked against the state of Illinois, median earnings per worker of $51,263, Rome township is about the same 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 $48,636 which is the third most of all other places in the metro area. The city with the highest median household income in the area is Irvington which shows a median income of $62,566 (28.6% larger). Comparing median household income to the United States average of $60,293, Rome township is about 24.0% smaller. Also, versus the state of Illinois, median household income of $63,575, Rome township is approximately three-fourths the size.

The next section examines a variety of different income statistics for the Rome township metropolitan area. In Figure 3 we see that it it has one of the largest proportions of earnings less than $10,000 at 22.4% of the total and is ranked #2. The only larger city being Walnut Hill with 27.3%. Second, it has the second smallest when ranked by median earnings of less than $10,000 of all the other places in the metro area in order of earnings between $10,000 and $14,999 at 3.7% of the total. Third, it has the smallest proportion of earnings between $20,000 and $49,999 at 30.8% of the total. Also, it has the largest proportion of earnings between $75,000 and $99,999 at 5.0% of the total and is ranked #1. In addition, it has the largest proportion of earnings of $100,000 more at 8.3% 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 38.9 which is the second most of all the places in the greater region. The city with the highest average hours in the area is Mount Vernon which shows an average hours of 39.1 ( about the same size). 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 $24.99 which is ranked #1 of all places in the greater Rome township region. Comparing average hourly earnings to the United States average of $23.71, Rome township is only about 5.4% larger. Also, benchmarked against the state of Illinois, average hourly earnings of $25.61, Rome township is only about 2.5% smaller.

Figure 7 examines the number of self employed people in the Rome township metro area based on the number of people who reported any self employment income. Rome township shows it has a percentage of people self employed of 12.1% which is the largest of all places in the metro area.

Turning our attention to Figure 8, the median household income by age group, has the percentage of median income-25 to 44 years in the center range of other places in the metro area at $51,111 of the total. Second, it has one of the largest proportions of median income-45 to 64 years at $66,250 of the total and is ranked #3. Only #2 Irvington ($68,750), and #1 Woodlawn ($78,333) are larger. Third, it has one of the largest proportions of median income-65 years and over at $36,944 of the total and is ranked #2. The only larger city being Woodlawn with $49,583.

Figure 9 breaks down the source of income and Rome township has the largest proportion of self employment income at 6.2% 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 24.0% which is the second most of all the places in the local area. The city with the highest households with retirement income in the area is Woodlawn which shows a households with retirement income of 24.6% ( only slightly 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 $80,938 of the total and is ranked #1. Second, it has the largest proportion of white family income at $80,313 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. Rome township shows it has the hightest cost of 100.8 for the cost of healthcare grouping.

Rome 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 COVID-19 Pandemic the monthly unemployment rate went from 8.7% to 3.5% in December 2019. This represents a decrease in the monthly unemployment rate of 59.8%. Since that time, the monthly unemployment rate has gone to 3.5% 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 depicts that from January 2010 to before the disasterous Coronavirus Pandemic the monthly labor force participation went from 11,830 to 11,791 in November 2019. This represents a decrease in the monthly labor force participation of very little. Since that time, the monthly labor force participation has gone to 11,791 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 Rome township depicts it has an unemployment rate of 2.2% which is less than most other places in the local area. The city with the highest unemployment rate in the area is Walnut Hill which shows a rate of 18.8% ( very much bigger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Rome township shows it has a participation rate of 63.1% which is in the center range of other places in the local area.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Rome township depicts full time employees approximately 3.3 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 Rome township area. Rome township indicates it has a families with a single earner of 31.3% which is in the mid range of other places in the metro area. The city with the highest families with a single earner in the area is Kell which depicts a single earners rate of 45.2% (44.4% larger). The percentage of families with no one working is depicted in Figure 22. Rome township shows it has a families with no one working of 13.3% which is the smallest in terms of 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 Mount Vernon which depicts a families with no worker of 25.1% (about twice as large).

Rome township Illinois Poverty Charts

The next section details economy analysis about poverty for residents of the Rome 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. Rome township depicts it has a total people earning less than the poverty level of 172 which is the second most total people earning less than the poverty level of all the places in the greater Rome township region. The city with the highest total people earning less than the poverty level in the area is Mount Vernon which shows a total people earning less than the poverty level of 3,500 ( markedly bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Rome township shows it has a percent of people earning less than the poverty level of 11.6% which is the second smallest in order of percent of people earning less than the poverty level of all the other places in the metro area. The city with the highest percent of people earning less than the poverty level in the area is Walnut Hill which shows a percent of people in poverty of 27.9% (approximately 2.4 times bigger).

In Figure 25 people who are in poverty are broken out by age group. Rome township has the percentage of person in poverty under 12 years the second smallest as measured by person in poverty under 12 years of all the other places in the metro area at 13% of the total. Second, it has one of the largest proportions of person in poverty 18 to 34 years at 27% of the total and is ranked #2. The only larger city being Woodlawn with 32%. Third, it has one of the largest proportions of person in poverty 55 to 64 years at 22% of the total and is ranked #3. Only #2 Kell (27%), and #1 Dix (31%) are larger.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Rome township has the percentage of white poverty rate less than most other places in the local area at 11% of the total. Second, it has less than most other places in the surrounding region as measured by hispanicp poverty rate at 8% of the total.

Figure 27 shows key poverty statistics for groups based on marriage status. Rome township has the percentage of married with children and in poverty less than most other places in the local area at 9% of the total. Second, it has the smallest proportion of unmarried with children and in poverty at 11% of the total. Third, it has the smallest proportion of unmarried female with children and in poverty at 12% of the total.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Rome township has one of the largest proportions of less than highschool in poverty at 36% of the total and is ranked #3. Only #2 Mount Vernon (37%), and #1 Dix (56%) are larger. Second, it has less than most other places in the local area in order of has some college and in poverty at 12% 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. Rome township has one of the largest proportions of people who are in poverty and employed at 22.1% of the total and is ranked #2. The only larger city being Kell with 27.3%. Second, it has one of the largest proportions of people who are in poverty and not in labor force at 15.7% of the total and is ranked #2. The only larger city being Dix with 19.6%. 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.) Rome township shows it has a households with public assistance of 19.6% which is less than most other places in the metro area. The city with the highest households with public assistance in the area is Dix which shows a households with public assistance of 42.6% (about twice as large).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Rome township shows it has a the gini index of 45.0% which is in the middle range of other places in the local area.

Rome township Illinois Work Commute Charts

The next graph in Figure 36 shows the average number of minutes that it takes for people to commute to work. Rome township has the percentage of people with commute time between 5 to 9 minutes less than most other places in the local area at 3% of the total. Second, it has the second smallest when ranked by people with commute time of less than 5 minutes of all the other places in the local area when ranked by people with commute time between 10 to 14 minutes at 8% of the total. Third, it has the largest proportion of people with commute time between 25 to 29 minutes at 11% of the total and is ranked #1.

The average commute time is shown in Figure 37. Rome township shows it has an average commute time of 23 which is less than most other places in the local area. Figure 38 shows the difference between male versus female commuting time. Rome township depicts average commute time in minutes for men 29.7% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Rome township has the percentage of no vehicle available less than most other places in the greater region at 0% of the total. Second, it has less than most other places in the greater region in terms of 1 vehicle available at 10% of the total. Third, it has the second smallest when ranked by no vehicle available of all the other places in the area as measured by 2 vehicles available at 34% of the total. Also, it has the largest proportion of 3 vehicles available at 29% of the total and is ranked #1. In addition, it has one of the largest proportions of 4 vehicles available at 22% of the total and is ranked #2. The only larger city being Dix with 24%. Furthermore, it has less than most other places in the area in terms of 5 or more vehicles available at 5% of the total. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Rome township shows it has a people who both work and live in the same city of 10% which is the third most people who both work and live in the same city of all other places in the greater Rome township region. The city with the highest people who both work and live in the same city in the area is Mount Vernon which depicts a people who both work and live in the same city of 74% ( very much bigger). Comparing people who both work and live in the same city to the United States average of 42%, Rome township is approximately a quarter the size. Also, compared to the state of Illinois, people who both work and live in the same city of 38%, Rome township is approximately a quarter the size.

Rome 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. Rome township depicts it has the hightest median earnings of $94,792 for the earnings-healthcare practitioners and tech occupations category. Similarly, Figure 47 shows the median earnings of women for the job categories and Rome township depicts it has the hightest median earnings of $55,089 for the earnings-education, legal, community service, arts, media occupations classification. The table in Figure 48, shows Rome township employment data in terms of job categories and salary data.

Rome 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. Rome township shows it has the hightest entrepreneurs of 67% for the self employed management, business, science, and arts 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. Rome township shows it has the hightest entrepreneurs of 33% for the self employed in construction group.

In Figure 51 the average annual self employment/entrepreneur income is shown. Rome township shows it has an average annual self employment income of $34,578 which is the second most average annual self employment income of all the places in the greater Rome township region. The city with the highest average annual self employment income in the area is Irvington which shows an average annual self employment income of $45,158 (30.6% larger). Comparing average annual self employment income to the United States average of $37,819, Rome township is about 9.4% smaller. Also, measured against the state of Illinois, average annual self employment income of $37,670, Rome township is about 8.9% smaller.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Rome township depicts total number of self-employed men about twice as large as the total number of self-employed women.