Ursa township Illinois Income Charts

This section shows the Ursa 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, Ursa township depicts it has a median earnings per worker of $44,293 which is the highest of all places in the metro area. Comparing median earnings per worker to the United States average of $47,712, Ursa township is about 7.7% smaller. Also, versus the state of Illinois, median earnings per worker of $51,263, Ursa township is about 15.7% 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 $65,605 which is at the top of all other places in the greater Ursa township region. Comparing median household income to the United States average of $60,293, Ursa township is 8.8% larger. Also, in contrast to the state of Illinois, median household income of $63,575, Ursa township is only about 3.2% larger.

The next section examines a variety of different income statistics for the Ursa 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 12.7% of the total. Second, it has the smallest proportion of earnings between $10,000 and $14,999 at 5.7% of the total. Third, it has the largest proportion of earnings of $100,000 more at 11.7% 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 42.4 which is the second most average hours of all the places in the greater Ursa township region. The city with the highest average hours in the area is Lima which shows an average hours of 43.0 ( only slightly 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 $20.09 which is the second most average hourly earnings of all the places in the greater Ursa township region. The city with the highest average hourly earnings in the area is Canton which depicts an average hourly earnings of $22.26 (10.8% larger). Comparing average hourly earnings to the United States average of $23.71, Ursa township is about 18.0% smaller. Also, in contrast to the state of Illinois, average hourly earnings of $25.61, Ursa township is approximately three-fourths the size.

Figure 7 examines the number of self employed people in the Ursa township metro area based on the number of people who reported any self employment income. Ursa township depicts it has a percentage of people self employed of 14.6% which is the second most of all the places in the local area. The city with the highest percentage of people self employed in the area is Lima which depicts a percentage self employed of 19.6% (34.6% larger).

Turning our attention to Figure 8, the median household income by age group, it has the largest proportion of median income-25 to 44 years at $65,909 of the total and is ranked #1. Second, it has the largest proportion of median income-45 to 64 years at $91,964 of the total and is ranked #1. Third, it has one of the largest proportions of median income-65 years and over at $39,286 of the total and is ranked #3. Only #2 Ursa ($41,000), and #1 Lima ($51,250) are larger.

Figure 9 breaks down the source of income and Ursa township has the smallest proportion of income from wages at 62.4% of the total. Second, it has the largest proportion of self employment income at 21.9% of the total and is ranked #1. Third, it has the smallest proportion of social security at 6.3% 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 20.0% which is the second most households with retirement income of all the places in the greater Ursa township region. The city with the highest households with retirement income in the area is Ursa which shows a households with retirement income of 23.9% (19.6% 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 $69,821 of the total and is ranked #2. The only larger city being Mendon with $70,000. Second, it has one of the largest proportions of white family income at $69,821 of the total and is ranked #2. The only larger city being Mendon with $70,000.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Ursa township depicts it has the hightest cost of 99.8 for the cost of healthcare aggregate.

Ursa 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 9.8% to 3.3% in December 2019. This represents a decrease in the monthly unemployment rate of 66.3%. Since that time, the monthly unemployment rate has gone to 3.3% 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 Covid-19 virus Pandemic the monthly labor force participation went from 20,414 to 19,067 in November 2019. This represents a decrease in the monthly labor force participation of 6.6%. Since that time, the monthly labor force participation has gone to 19,067 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 Ursa township depicts it has an unemployment rate of 0.5% which is the second smallest when sorted by unemployment rate of all the other places in the greater region. The city with the highest unemployment rate in the area is Quincy which shows a rate of 3.6% ( substantially bigger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Ursa township depicts it has a participation rate of 74.9% which is the highest of all places in the metro 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). Ursa township has the largest proportion of employed at 74.4% of the total and is ranked #1. Second, it has the smallest proportion of not in labor force at 25.1% of the total.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Ursa township depicts full time employees approximately 3.4 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 Ursa township area. Ursa township indicates it has a families with a single earner of 25.3% which is the second most of all the places in the area. The city with the highest families with a single earner in the area is Lima which shows a single earners rate of 39.5% (56.1% larger). The percentage of families with no one working is depicted in Figure 22. Ursa township shows it has a families with no one working of 8.4% which is less than most other places in the greater region. The city with the highest families with no one working in the area is La Grange which depicts a families with no worker of 29.6% (approximately 3.5 times bigger).

Ursa township Illinois Poverty Charts

The next section details economy analysis about poverty for residents of the Ursa 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. Ursa township shows it has a total people earning less than the poverty level of 75 which is less than most other places in the metro area. The city with the highest total people earning less than the poverty level in the area is Quincy which shows a total people earning less than the poverty level of 6,092 ( appreciably bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Ursa township depicts it has a percent of people earning less than the poverty level of 7.7% which is the second smallest when sorted by percent of people earning less than the poverty level of all the other places in the local area. The city with the highest percent of people earning less than the poverty level in the area is Canton which shows a percent of people in poverty of 18.0% (approximately 2.3 times bigger).

In Figure 25 people who are in poverty are broken out by age group. Ursa township has the percentage of person in poverty 18 to 34 years less than most other places in the local area at 17% of the total. Second, it has the largest proportion of person in poverty 55 to 64 years at 21% of the total and is ranked #1. Third, it has the largest proportion of person in poverty 65+ years at 19% of the total and is ranked #1.

Figure 27 shows key poverty statistics for groups based on marriage status. Ursa township has the largest proportion of unmarried with children and in poverty at 62% of the total and is ranked #1. Second, it has one of the largest proportions of unmarried female with children and in poverty at 62% of the total and is ranked #2. The only larger city being La Grange with 67%.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Ursa township has the largest proportion of college graduate and in poverty at 10% 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. Ursa township has one of the largest proportions of people who are in poverty and employed at 22.7% of the total and is ranked #2. The only larger city being La Grange with 24.5%. Second, it has one of the largest proportions of people who are in poverty and not in labor force at 17.3% of the total and is ranked #3. Only #2 Canton (23.4%), and #1 Lima (100.0%) are larger. 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.) Ursa township depicts it has a households with public assistance of 5.2% which is the second smallest in order of households with public assistance of all the other places in the area. The city with the highest households with public assistance in the area is Quincy which shows a households with public assistance of 17.9% (approximately 3.4 times bigger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Ursa township indicates it has a the gini index of 44.1% which is the third most the gini index of all other places in the greater Ursa township region.

Ursa 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 Ursa 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.) Ursa township has the largest proportion of people who work at home at 12% 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 Ursa township or elsewhere.) Ursa township has the largest proportion of people who work at home at 12% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Ursa township has the percentage of people who leave for work between 12am to 5am less than most other places in the metro area at 4% of the total. Second, it has the largest proportion of people who leave for work between 530 am to 6am at 11% of the total and is ranked #1. Third, it has the smallest proportion of people who leave for work between 7am to 730am at 10% of the total. Also, it has the largest proportion of people who leave for work between 10am to 11am at 7% 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. Ursa township has the percentage of people with commute time between 5 to 9 minutes less than most other places in the local area at 8% of the total. Second, it has the smallest proportion of people with commute time between 45 to 59 minutes at 1% of the total.

The average commute time is shown in Figure 37. Ursa township shows it has an average commute time of 21 which is in the mid range of other places in the metro area. Figure 38 shows the difference between male versus female commuting time. Ursa township depicts average commute time in minutes for men 21.7% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Ursa township has the percentage of 1 vehicle available the second smallest when sorted by no vehicle available of all the other places in the metropolitan area at 11% of the total. Second, it has the second smallest as measured by no vehicle available of all the other places in the local area in order of 2 vehicles available at 42% of the total. Third, it has one of the largest proportions of 3 vehicles available at 29% of the total and is ranked #3. Only #2 Mendon (29%), and #1 Lima (36%) are larger. Also, it has the largest proportion of 5 or more vehicles available at 11% 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.) Ursa township depicts it has a people who both work and live in the same city of 7% which is the second smallest in terms of people who both work and live in the same city of all the other places in the local area. The city with the highest people who both work and live in the same city in the area is Quincy which depicts a people who both work and live in the same city of 78% ( considerably bigger). Comparing people who both work and live in the same city to the United States average of 42%, Ursa township is approximately a sixth the size. Also, compared to the state of Illinois, people who both work and live in the same city of 38%, Ursa township is approximately a fifth the size.

Ursa 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. Ursa township depicts it has the hightest median earnings of $112,500 for the management, business, and financial occupations grouping. Similarly, Figure 47 shows the median earnings of women for the job categories and Ursa township depicts it has the hightest median earnings of $47,500 for the management, business, and financial occupations grouping. The table in Figure 48, shows Ursa township employment data in terms of job categories and salary data.

Ursa 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. Ursa township shows it has the hightest entrepreneurs of 70% for the self employed in sales and office related businesses grouping.

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. Ursa township shows it has the hightest entrepreneurs of 60% for the self employed in professional, scientific, management, administrative services group.

In Figure 51 the average annual self employment/entrepreneur income is shown. Ursa township shows it has an average annual self employment income of $123,575 which is the highest of all places in the metro area. Comparing average annual self employment income to the United States average of $37,819, Ursa township is approximately 3.3 times bigger. Also, in contrast to the state of Illinois, average annual self employment income of $37,670, Ursa township is approximately 3.3 times bigger.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Ursa township shows total number of self-employed men approximately 3.2 times bigger as the total number of self-employed women.