Audubon Park Kentucky Income Charts

This section shows the Audubon Park Kentucky economy using the most recent economic analysis from the 2022 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Audubon Park depicts it has a Median earnings of $72,889 which is the third most median earnings of all other places in the greater Audubon Park region. The city with the highest median earnings per worker in the area is Strathmoor Manor which shows a median earnings of $110,000 (50.9% larger). Comparing median earnings per worker to the United States average of $53,269, Audubon Park is 36.8% larger. Also, versus the state of Kentucky, median earnings per worker of $46,067, Audubon Park is 58.2% 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 $99,853 which is the second most median income of all the places in the greater Audubon Park region. The city with the highest median household income in the area is Strathmoor Manor which depicts a median income of $168,750 (69.0% larger). Comparing median household income to the United States average of $69,021, Audubon Park is 44.7% larger. Also, versus the state of Kentucky, median household income of $55,454, Audubon Park is about twice as large.

The next section examines a variety of different income statistics for the Audubon Park metropolitan area. In Figure 3 we see that it has the percentage of earnings between $10,000 and $14,999 less than most other places in the local area at 4.9% of the total. Second, it has the smallest proportion of earnings between $15,000 and $19,999 at 13.6% of the total. Third, it has the largest proportion of earnings between $20,000 and $49,999 at 33.6% of the total and is ranked #1. Also, it has one of the largest proportions of earnings between $75,000 and $99,999 at 19.2% of the total and is ranked #3. Only #2 Strathmoor Village (23.0%), and #1 Strathmoor Manor (35.3%) are larger.

Figure 5 has the Average number of hours worked in a typical work week during the year, it has a Avg Hours Worked of 40.4 which is the highest of all places in the greater Audubon Park 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 $34.70 which is the third most average hourly earnings of all other places in the greater Audubon Park region. The city with the highest average hourly earnings in the area is Strathmoor Manor which depicts an average hourly earnings of $52.88 (52.4% larger). Comparing average hourly earnings to the United States average of $26.40, Audubon Park is 31.4% larger. Also, versus the state of Kentucky, average hourly earnings of $22.72, Audubon Park is 52.7% larger.

Figure 7 examines the number of self employed people in the Audubon Park metro area based on the number of people who reported any self employment income. Audubon Park depicts it has a Self Employed of 13.8% which is the largest of all places in the greater Audubon Park region.

Turning our attention to Figure 8, the median household income by age group, it has one of the largest proportions of median income-under 25 years at $99,306 of the total and is ranked #3. Only #2 Strathmoor Village ($130,625), and #1 Strathmoor Manor ($213,125) are larger. Second, it has one of the largest proportions of median income-25 to 44 years at $148,750 of the total and is ranked #2. The only larger city being Strathmoor Manor with $194,167. Third, it has one of the largest proportions of median income-45 to 64 years at $69,531 of the total and is ranked #2. The only larger city being Strathmoor Manor with $71,250.

Figure 9 breaks down the source of income and Audubon Park has the largest proportion of income from wages at 5.5% 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 27.8% which is the second most households with retirement income of all the places in the greater Audubon Park region. The city with the highest households with retirement income in the area is Strathmoor Village which shows a households with retirement income of 38.3% (37.9% 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 $114,750 of the total and is ranked #2. The only larger city being Strathmoor Manor with $192,917. Second, it has the largest proportion of hawaiian family income at $108,750 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. Audubon Park depicts it has the hightest cost of 108.8 for the cost of housing classification.

Audubon Park Kentucky 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 COVID-19 Pandemic it went from 5.0% to 3.4% in December 2019. This represents a decrease in the monthly unemployment rate of 32.0%. Since that time, the monthly unemployment rate has gone to 3.4%. 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 disasterous Covid-19 virus Pandemic it went from 388,257 to 401,806 in November 2019. This represents an increase in the monthly labor force participation of 3.5%. Since that time, the monthly labor force participation has gone to 401,806. 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 Audubon Park shows it has a Unemployment Rate of 0.8% which is the second smallest when ranked by unemployment rate of all the other places in the greater region. The city with the highest unemployment rate in the area is Poplar Hills which shows a rate of 5.1% ( very much bigger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Audubon Park shows it has a Labor Force Participation of 70.2% which is in the center range of other places in the greater region.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Audubon Park shows full time employees approximately 4.0 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 Audubon Park area. Audubon Park shows it has a Single Earner Families of 21.8% which is in the mid range of other places in the local area. The city with the highest families with a single earner in the area is Strathmoor Village which shows a single earners rate of 38.8% (78.1% larger). The percentage of families with no one working is depicted in Figure 22. Audubon Park depicts it has a Families with No One Working of 16.5% which is the second most families with no one working of all the places in the greater Audubon Park region. The city with the highest families with no one working in the area is Strathmoor Village which depicts a families with no worker of 17.1% (only about 3.5% larger).

Audubon Park Kentucky Poverty Charts

The next section details economy analysis about poverty for residents of the Audubon Park 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. Audubon Park shows it has a Total In Poverty of 14 which is the second smallest in order of total people earning less than the poverty level of all the other places in the greater region. The city with the highest total people earning less than the poverty level in the area is Watterson Park which depicts a total people earning less than the poverty level of 202 ( very much bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Audubon Park depicts it has a Percent of Population In Poverty of 1.0% which is the second smallest in terms of percent of people earning less than the poverty level of all the other places in the metropolitan area. The city with the highest percent of people earning less than the poverty level in the area is Poplar Hills which shows a percent of people in poverty of 31.6% ( very much bigger).

In Figure 25 people who are in poverty are broken out by age group. Audubon Park has one of the largest proportions of person in poverty 12 to 17 years at 21% of the total and is ranked #3. Only #2 Poplar Hills (25%), and #1 Parkway Village (40%) are larger. Second, it has the largest proportion of person in poverty 55 to 64 years at 79% 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. Audubon Park has the percentage of has some college and in poverty the second smallest in order of less than highschool in poverty of all the other places in the greater region at 1% 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. Audubon Park has the percentage of people who are in poverty and unemployed the second smallest when ranked by people who are in poverty and employed of all the other places in the local area at 7.1% 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.) Audubon Park depicts it has a Public Assistance Percent of 1.3% which is the second smallest when ranked by households with public assistance of all the other places in the local area. The city with the highest households with public assistance in the area is Watterson Park which indicates a households with public assistance of 25.9% ( very much bigger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Audubon Park shows it has a Gini Index of 43.1% which is in the middle range of other places in the surrounding region.

Audubon Park Kentucky Work Commute Charts

In Figure 35 is shown a frequency distribution of the time that people leave for work. Audubon Park has the percentage of people who leave for work between 12am to 5am the second smallest as measured by people who leave for work between 12am to 5am of all the other places in the local area at 1% of the total.

The next graph in Figure 36 shows the average number of minutes that it takes for people to commute to work. Audubon Park has the smallest proportion of people with commute time of less than 5 minutesutes at 8% of the total. Second, it has the largest proportion of people with commute time between 10 to 14 minutes at 37% of the total and is ranked #1. Third, it has the largest proportion of people with commute time between 40 to 44 minutes at 3% of the total and is ranked #1.

The average commute time is shown in Figure 37. Audubon Park shows it has a Avg Commute Time of 18 which is the second smallest when ranked by average commute time of all the other places in the surrounding region. Figure 38 shows the difference between male versus female commuting time. Audubon Park depicts average commute time in minutes for men 9.6% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Audubon Park has the percentage of no vehicle available the second smallest as measured by no vehicle available of all the other places in the metropolitan area at 17% 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 1 vehicle available at 40% of the total. Third, it has the largest proportion of 2 vehicles available at 27% of the total and is ranked #1. Also, it has one of the largest proportions of 4 vehicles available at 7% of the total and is ranked #2. The only larger city being Strathmoor Village with 9%. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Audubon Park depicts it has a Work in city or place where live of 10% which is less than most 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 Strathmoor Village which depicts a people who both work and live in the same city of 20% (about twice as large). Comparing people who both work and live in the same city to the United States average of 44%, Audubon Park is approximately a quarter the size. Also, compared to the state of Kentucky, people who both work and live in the same city of 53%, Audubon Park is approximately a fifth the size.

Audubon Park Kentucky 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. Audubon Park depicts it has the hightest median earnings of $112,188 for the earnings-healthcare practitioners and tech occupations group. Similarly, Figure 47 shows the median earnings of women for the job categories and Audubon Park shows it has the hightest median earnings of $87,500 for the earnings-healthcare practitioners and tech occupations grouping. The table in Figure 48, shows Audubon Park employment data in terms of job categories and salary data.

Audubon Park Kentucky 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. Audubon Park depicts it has the hightest entrepreneurs of 57% for the self employed management, business, science, and arts businesses aggregate.

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. Audubon Park shows it has the hightest entrepreneurs of 29% for the self employed in educational services, health care and social assistance grouping.

In Figure 51 the average annual self employment/entrepreneur income is shown. Audubon Park shows it has a Self Employment Income of $54,158 which is the largest of all places in the greater Audubon Park region. Comparing average annual self employment income to the United States average of $42,141, Audubon Park is 28.5% larger. Also, in comparison with the state of Kentucky, average annual self employment income of $34,912, Audubon Park is 55.1% larger.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Audubon Park depicts total number of self-employed men 9.5% larger as the total number of self-employed women.