Warrick County Income Charts

This section shows the Warrick County Indiana economy using the most recent economic analysis from the 2022 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Warrick County shows it has a Median earnings of $56,779 which is more than all other counties in the greater Warrick County region. Comparing median earnings per worker to the United States average of $53,269, Warrick County is 6.6% larger. Also, in contrast to the state of Indiana, median earnings per worker of $48,985, Warrick County is 15.9% larger.

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 $85,613 which is the most of all counties in the greater Warrick County region. Comparing median household income to the United States average of $69,021, Warrick County is 24.0% larger. Also, compared to the state of Indiana, median household income of $61,944, Warrick County is 38.2% larger.

The next section examines a variety of different income statistics for the Warrick County metropolitan area. In Figure 3 we see that it has the smallest proportion of earnings less than $10,000 at 4.5% of the total. Second, it has the smallest proportion of earnings between $15,000 and $19,999 at 27.8% of the total. Third, it has the largest proportion of earnings between $20,000 and $49,999 at 24.8% of the total and is ranked #1. Also, it has the largest proportion of earnings between $50,000 and $74,999 at 10.5% of the total and is ranked #1. In addition, it has the largest proportion of earnings between $75,000 and $99,999 at 13.2% 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 a Avg Hours Worked of 40.1 which is the second most average hours of all the counties in the greater Warrick County region. The county with the highest average hours in the area is Pike County which shows an average hours of 40.6 ( 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 a Avg Hrly Earnings of $27.23 which is more than all other counties in the greater region. Comparing average hourly earnings to the United States average of $26.40, Warrick County is only about 3.1% larger. Also, versus the state of Indiana, average hourly earnings of $24.28, Warrick County is 12.2% larger.

Figure 7 examines the number of self employed people in the Warrick County metro area based on the number of people who reported any self employment income. Warrick County shows it has a Self Employed of 9.1% which is the second most people self employed of all the counties in the greater Warrick County region. The county with the highest percentage of people self employed in the area is Daviess County which shows a percentage self employed of 9.3% ( only slightly larger).

Turning our attention to Figure 8, the median household income by age group, it has the largest proportion of median income-under 25 years at $92,553 of the total and is ranked #1. Second, it has the largest proportion of median income-25 to 44 years at $99,469 of the total and is ranked #1. Third, it has the largest proportion of median income-45 to 64 years at $55,907 of the total and is ranked #1.

Figure 9 breaks down the source of income and Warrick County has the smallest proportion of investment and retirement income at 7.1% of the total. Second, it has the smallest proportion of social security at 0.3% 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 With Retirement Income of 26.5% which is the second most of all the counties in the greater region. The county with the highest households with retirement income in the area is Henderson County which depicts a households with retirement income of 27.6% (only about 3.8% 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 $99,137 of the total and is ranked #1. Second, it has the largest proportion of white family income at $97,135 of the total and is ranked #1. Third, it has the largest proportion of american indian family income at $227,311 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. Warrick County depicts it has the hightest cost of 120.0 for the cost of utilities grouping.

Warrick County Labor Force Charts

The next two charts look at 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 2022, the Covid 19 recession occurred and affects this metric. The monthly unemployment rate shows that from January 2017 to before the disasterous Coronavirus Pandemic it went from 4.8% to 4.4% in March 2020. This represents a decrease in the monthly unemployment rate of 8.3%. Since that time, the monthly unemployment rate has gone to 3.5%. This represents a decrease in the monthly unemployment rate of 20.5%. 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. The monthly labor force participation shows that from January 2017 to before the COVID-19 Pandemic it went from 32,233 to 33,211 in November 2019. This represents an increase in the monthly labor force participation of 3.0%. Since that time, the monthly labor force participation has gone to 33,211. 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 Warrick County shows it has a Unemployment Rate of 2.4% which is the third most unemployment rate of all other counties in the greater Warrick County region. The county with the highest unemployment rate in the area is Vanderburgh County which depicts a rate of 3.0% (25.4% larger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Warrick County indicates it has a Labor Force Participation of 65.5% which is the most of all counties in the 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). Warrick County has the smallest proportion of unemployed at 34.5% of the total.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Warrick County shows full time employees approximately 3.8 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 Warrick County area. Warrick County shows it has a Single Earner Families of 24.3% which is the smallest as measured by families with a single earner of all the other counties in the surrounding region. The county with the highest families with a single earner in the area is Henderson County which shows a single earners rate of 29.6% (22.1% larger). The percentage of families with no one working is depicted in Figure 22. Warrick County depicts it has a Families with No One Working of 15.6% which is the smallest in terms of families with no one working of all the other counties in the metro area. The county with the highest families with no one working in the area is Pike County which depicts a families with no worker of 22.8% (46.3% larger).

Warrick County Poverty Charts

The next section details economy analysis about poverty for residents of the Warrick County 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. Warrick County depicts it has a Total In Poverty of 3,534 which is in the center range of other counties in the metropolitan area. The county with the highest total people earning less than the poverty level in the area is Vanderburgh County which shows a total people earning less than the poverty level of 26,353 ( markedly bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Warrick County depicts it has a Percent of Population In Poverty of 5.6% which is the smallest in terms of percent of people earning less than the poverty level of all the other counties in the greater region. The county with the highest percent of people earning less than the poverty level in the area is Henderson County which shows a percent of people in poverty of 16.4% (approximately 2.9 times bigger).

In Figure 25 people who are in poverty are broken out by age group. Warrick County has one of the largest proportions of person in poverty 18 to 34 years at 28% of the total and is ranked #2. The only larger county being Pike County with 29%.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Warrick County has the percentage of white poverty rate the second smallest when sorted by white poverty rate of all the other counties in the metro area at 9% of the total. Second, it has one of the largest proportions of hawaiian poverty rate at 27% of the total and is ranked #3. Only #2 Vanderburgh County (28%), and #1 Daviess County (40%) are larger.

Figure 27 shows key poverty statistics for groups based on marriage status. Warrick County has the percentage of married with children and in poverty the second smallest in order of married with children and in poverty of all the other counties in the metropolitan area at 22% of the total. Second, it has the second smallest as measured by married with children and in poverty of all the other counties in the metro area when sorted by unmarried with children and in poverty at 23% of the total.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Warrick County has the smallest proportion of highschool graduate and in poverty at 3% of the total. Second, it has the smallest proportion of has some college and in poverty at 1% of the total. 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.) Warrick County shows it has a Public Assistance Percent of 4.2% which is the smallest as measured by households with public assistance of all the other counties in the metro area. The county with the highest households with public assistance in the area is Henderson County which depicts a households with public assistance of 14.0% (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). Warrick County shows it has a Gini Index of 45.2% which is in the mid range of other counties in the metro area.

Warrick County 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 Warrick County 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.) Warrick County has the largest proportion of people who bicycle or walk to work at 7% 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 Warrick County or elsewhere.) Warrick County has the smallest proportion of people who drove alone at 83% of the total. Second, it has the smallest proportion of people who carpooled at 6% of the total. Third, it has the largest proportion of people who take the Long-distance train or commuter rail at 0% of the total and is ranked #1. Also, it has the largest proportion of people who took a taxicab, motorcycle or other at 1% of the total and is ranked #1. In addition, it has the largest proportion of people who work from home at 7% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Warrick County has the smallest proportion of people who leave for work between 12am to 5am at 4% of the total. Second, it has the largest proportion of people who leave for work between 630 am to 7am at 19% of the total and is ranked #1. Third, it has the largest proportion of people who leave for work between 730 am to 8am at 8% 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. Warrick County has the percentage of people with commute time of less than 5 minutesutes the second smallest when sorted by people with commute time of less than 5 minutes of all the other counties in the greater region at 9% of the total. Second, it has the second smallest as measured by people with commute time of less than 5 minutes of all the other counties in the greater region in terms of people with commute time between 5 to 9 minutes at 12% of the total. Third, it has one of the largest proportions of people with commute time between 10 to 14 minutes at 19% of the total and is ranked #3. Only #2 Daviess County (20%), and #1 Vanderburgh County (22%) are larger.

The average commute time is shown in Figure 37. Warrick County shows it has a Avg Commute Time of 24 which is the third most average commute time of all other counties in the greater Warrick County region. Figure 38 shows the difference between male versus female commuting time. Warrick County shows average commute time in minutes for men 32.3% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Warrick County has the percentage of no vehicle available less than most other counties in the local area at 13% of the total. Second, it has one of the largest proportions of 1 vehicle available at 43% of the total and is ranked #2. The only larger county being Vanderburgh County with 43%. Third, it has less than most other counties in the metro area in order of 4 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.) Warrick County shows it has a Work in city or place where live of 16% which is the smallest when ranked by people who both work and live in the same city of all the other counties in the local area. The county with the highest people who both work and live in the same city in the area is Vanderburgh County which depicts a people who both work and live in the same city of 70% (approximately 4.3 times bigger). Comparing people who both work and live in the same city to the United States average of 44%, Warrick County is approximately a third the size. Also, benchmarked against the state of Indiana, people who both work and live in the same city of 49%, Warrick County is approximately a third the size.

Warrick County 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. Warrick County shows it has the hightest median earnings of $174,444 for the earnings-healthcare practitioners and tech occupations grouping. Similarly, Figure 47 shows the median earnings of women for the job categories and Warrick County shows it has the hightest median earnings of $70,636 for the earnings-healthcare practitioners and tech occupations category. The table in Figure 48, shows Warrick County employment data in terms of job categories and salary data.

Warrick County 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. Warrick County shows it has the hightest entrepreneurs of 57% for the self employed management, business, science, and arts businesses classification.

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. Warrick County indicates it has the hightest entrepreneurs of 17% for the self employed in educational services, health care and social assistance aggregate.

In Figure 51 the average annual self employment/entrepreneur income is shown. Warrick County shows it has a Self Employment Income of $48,909 which is the largest of all counties in the greater Warrick County region. Comparing average annual self employment income to the United States average of $42,141, Warrick County is 16.1% larger. Also, in comparison with the state of Indiana, average annual self employment income of $35,233, Warrick County is 38.8% larger.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Warrick County shows total number of self-employed men 63.1% larger as the total number of self-employed women.