Osceola County Income Charts

This section shows the Osceola County Iowa economy using the most recent economic analysis from the 2022 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Osceola County shows it has a Median earnings of $46,259 which is less than most other counties in the local area. The county with the highest median earnings per worker in the area is OBrien County which depicts a median earnings of $49,343 (6.7% larger). Comparing median earnings per worker to the United States average of $53,269, Osceola County is about 15.2% smaller. Also, benchmarked against the state of Iowa, median earnings per worker of $50,713, Osceola County is about 9.6% 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 $65,242 which is the second most median income of all the counties in the greater Osceola County region. The county with the highest median household income in the area is Lyon County which shows a median income of $69,113 (only about 5.9% larger). Comparing median household income to the United States average of $69,021, Osceola County is about 5.8% smaller. Also, benchmarked against the state of Iowa, median household income of $65,429, Osceola County is about the same size.

The next section examines a variety of different income statistics for the Osceola County metropolitan area. In Figure 3 we see that it has the smallest proportion of earnings less than $10,000 at 4.8% of the total.

Figure 5 has the Average number of hours worked in a typical work week during the year, it has a Avg Hours Worked of 42.3 which is more than all other counties in the greater Osceola County region. 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 $21.03 which is the second smallest when sorted by average hourly earnings of all the other counties in the greater region. The county with the highest average hourly earnings in the area is Jackson County which depicts an average hourly earnings of $23.80 (13.2% larger). Comparing average hourly earnings to the United States average of $26.40, Osceola County is approximately three-fourths the size. Also, versus the state of Iowa, average hourly earnings of $25.01, Osceola County is about 18.9% smaller.

Figure 7 examines the number of self employed people in the Osceola County metro area based on the number of people who reported any self employment income. Osceola County shows it has a Self Employed of 20.7% which is the third most of all other counties in the local area. The county with the highest percentage of people self employed in the area is OBrien County which depicts a percentage self employed of 21.1% ( only slightly larger).

Turning our attention to Figure 8, the median household income by age group, has the percentage of median income-under 25 years less than most other counties in the area at $67,335 of the total. Second, it has less than most other counties in the metro area in order of median income-25 to 44 years at $70,357 of the total. Third, it has one of the largest proportions of median income-45 to 64 years at $52,434 of the total and is ranked #2. The only larger county being Dickinson County with $56,502.

Figure 9 breaks down the source of income and Osceola County has the largest proportion of income from wages at 12.9% 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 With Retirement Income of 19.7% which is in the middle range of other counties in the local area. The county with the highest households with retirement income in the area is Dickinson County which depicts a households with retirement income of 23.6% (19.5% larger).

In the next chart, Figure 12, the median family income is shown for families broken down by racial group and has the percentage of overall family income the second smallest when ranked by overall family income of all the other counties in the metro area at $74,161 of the total. Second, it has less than most other counties in the metro area as measured by hawaiian family income at $40,556 of the total.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Osceola County shows it has the hightest cost of 102.2 for the cost of healthcare category.

Osceola 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 depicts that from February 2017 to before the disasterous Covid-19 virus Pandemic it went from 2.6% to 1.9% in December 2019. This represents a decrease in the monthly unemployment rate of 26.9%. Since that time, the monthly unemployment rate has gone to 1.9%. 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. The monthly labor force participation depicts that from January 2017 to before the Coronavirus Pandemic it went from 3,477 to 3,616 in November 2019. This represents an increase in the monthly labor force participation of 4.0%. Since that time, the monthly labor force participation has gone to 3,616. 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 Osceola County shows it has a Unemployment Rate of 2.8% which is the second most unemployment rate of all the counties in the greater Osceola County region. The county with the highest unemployment rate in the area is Clay County which depicts a rate of 3.1% (9.3% larger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Osceola County depicts it has a Labor Force Participation of 66.5% which is the second most participation rates of all the counties in the greater Osceola County region.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Osceola County shows full time employees approximately 4.8 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 Osceola County area. Osceola County depicts it has a Single Earner Families of 23.2% which is the third most families with a single earner of all other counties in the greater Osceola County region. The county with the highest families with a single earner in the area is OBrien County which shows a single earners rate of 23.4% ( about the same size). The percentage of families with no one working is depicted in Figure 22. Osceola County depicts it has a Families with No One Working of 14.1% which is the second smallest as measured by families with no one working of all the other counties in the surrounding region. The county with the highest families with no one working in the area is Clay County which depicts a families with no worker of 19.7% (40.6% larger).

Osceola County Poverty Charts

The next section details economy analysis about poverty for residents of the Osceola 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. Osceola County shows it has a Total In Poverty of 699 which is the second smallest when sorted by total people earning less than the poverty level of all the other counties in the greater region. The county with the highest total people earning less than the poverty level in the area is Nobles County which depicts a total people earning less than the poverty level of 2,581 (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. Osceola County depicts it has a Percent of Population In Poverty of 11.5% which is in the middle range of other counties in the local area. The county with the highest percent of people earning less than the poverty level in the area is OBrien County which shows a percent of people in poverty of 12.5% (9.0% larger).

In Figure 25 people who are in poverty are broken out by age group. Osceola County has the smallest proportion of person in poverty 12 to 17 years at 15% of the total. Second, it has the largest proportion of person in poverty 18 to 34 years at 24% of the total and is ranked #1. Third, it has the smallest proportion of person in poverty 55 to 64 years at 6% of the total.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Osceola County has the percentage of white poverty rate the second smallest as measured by white poverty rate of all the other counties in the metro area at 6% of the total. Second, it has the largest proportion of black poverty rate at 44% of the total and is ranked #1. Third, it has in the mid range of other counties in the metro area in order of hawaiian poverty rate at 18% of the total.

Figure 27 shows key poverty statistics for groups based on marriage status. Osceola County has the largest proportion of married with children and in poverty at 59% of the total and is ranked #1. Second, it has the largest proportion of unmarried with children and in poverty at 68% of the total and is ranked #1. Third, it has the largest proportion of unmarried female with children and in poverty at 18% of the total and is ranked #1.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Osceola County has the smallest proportion of has some college and in poverty at 0% 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. Osceola County has the largest proportion of people who are in poverty and employed at 10.0% 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.) Osceola County depicts it has a Public Assistance Percent of 10.4% which is the second most households with public assistance of all the counties in the greater Osceola County region. The county with the highest households with public assistance in the area is Clay County which shows a households with public assistance of 14.3% (37.6% larger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Osceola County shows it has a Gini Index of 38.9% which is the second smallest when sorted by the gini index of all the other counties in the greater region.

Osceola 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 Osceola 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.) Osceola County has the largest proportion of people who take public transportation to work at 8% 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 Osceola County or elsewhere.) Osceola County has the largest proportion of people who bike at 1% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Osceola County has the largest proportion of people who leave for work between 12am to 5am at 7% of the total and is ranked #1. Second, it has the smallest proportion of people who leave for work between 5am to 530am at 3% of the total. Third, it has the smallest proportion of people who leave for work between 6am to 630am at 7% of the total. Also, it has the largest proportion of people who leave for work between 630 am to 7am at 21% of the total and is ranked #1. In addition, it has the largest proportion of people who leave for work between 12noon to 4pm at 10% 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. Osceola County has the smallest proportion of people with commute time of less than 5 minutesutes at 15% of the total. Second, it has the smallest proportion of people with commute time between 5 to 9 minutes at 10% of the total. Third, it has the smallest proportion of people with commute time between 10 to 14 minutes at 8% of the total. Also, it has the largest proportion of people with commute time between 25 to 29 minutes at 13% of the total and is ranked #1. In addition, it has the largest proportion of people with commute time between 60 to 89 minutes at 4% of the total and is ranked #1.

The average commute time is shown in Figure 37. Osceola County depicts it has a Avg Commute Time of 22 which is the largest of all counties in the greater Osceola County region. Figure 38 shows the difference between male versus female commuting time. Osceola County depicts average commute time in minutes for men 67.7% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Osceola County has the percentage of no vehicle available the second smallest in terms of no vehicle available of all the other counties in the local area at 11% of the total. Second, it has the smallest proportion of 1 vehicle available at 32% of the total. Third, it has one of the largest proportions of 3 vehicles available at 15% of the total and is ranked #2. The only larger county being Lyon County with 18%. Also, it has one of the largest proportions of 4 vehicles available at 9% of the total and is ranked #2. The only larger county being OBrien County with 10%. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Osceola County depicts it has a Work in city or place where live of 41% which is less than most other counties in the area. The county with the highest people who both work and live in the same city in the area is Clay County which indicates a people who both work and live in the same city of 63% (54.5% larger). Comparing people who both work and live in the same city to the United States average of 44%, Osceola County is about 7.5% smaller. Also, in comparison with the state of Iowa, people who both work and live in the same city of 50%, Osceola County is about 23.3% smaller.

Osceola 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. Osceola County depicts it has the hightest median earnings of $75,511 for the management, business, and financial occupations category. Similarly, Figure 47 shows the median earnings of women for the job categories and Osceola County shows it has the hightest median earnings of $87,500 for the earnings-computer, engineering, and science occupations grouping. The table in Figure 48, shows Osceola County employment data in terms of job categories and salary data.

Osceola 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. Osceola County shows it has the hightest entrepreneurs of 47% for the self employed management, business, science, and arts businesses group.

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. Osceola County shows it has the hightest entrepreneurs of 36% for the self employed in agriculture, forestry, fishing and hunting, and mining classification.

In Figure 51 the average annual self employment/entrepreneur income is shown. Osceola County depicts it has a Self Employment Income of $47,399 which is the highest of all counties in the greater Osceola County region. Comparing average annual self employment income to the United States average of $42,141, Osceola County is 12.5% larger. Also, measured against the state of Iowa, average annual self employment income of $38,002, Osceola County is 24.7% larger.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Osceola County depicts total number of self-employed men approximately 3.7 times bigger as the total number of self-employed women.