Crab Orchard Kentucky Income Charts

This section shows the Crab Orchard Kentucky economy using the most recent economic analysis from the 2020 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Crab Orchard depicts it has a Median earnings of $34,559 which is the second most median earnings of all the places in the greater Crab Orchard region. The city with the highest median earnings per worker in the area is Berea which shows a median earnings of $42,260 (22.3% larger). Comparing median earnings per worker to the United States average of $49,041, Crab Orchard is approximately three-fourths the size. Also, benchmarked against the state of Kentucky, median earnings per worker of $43,234, Crab Orchard is approximately three-fourths the 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 $25,833 which is in the middle range of other places in the greater region. The city with the highest median household income in the area is Berea which depicts a median income of $44,292 (71.5% larger). Comparing median household income to the United States average of $62,843, Crab Orchard is approximately half the size. Also, benchmarked against the state of Kentucky, median household income of $50,589, Crab Orchard is approximately half the size.

The next section examines a variety of different income statistics for the Crab Orchard metropolitan area. In Figure 3 we see that it it has the largest proportion of earnings less than $10,000 at 11.9% 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 37.2 which is in the mid point range of other places in the local area. The city with the highest average hours in the area is Brodhead which shows an average hours of 39.1 (only about 5.1% 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 $17.87 which is the second most of all the places in the surrounding region. The city with the highest average hourly earnings in the area is Berea which shows an average hourly earnings of $22.45 (25.7% larger). Comparing average hourly earnings to the United States average of $24.31, Crab Orchard is approximately three-fourths the size. Also, versus the state of Kentucky, average hourly earnings of $21.32, Crab Orchard is about 19.3% smaller.

Figure 7 examines the number of self employed people in the Crab Orchard metro area based on the number of people who reported any self employment income. Crab Orchard depicts it has a Self Employed of 3.1% which is the second smallest as measured by percentage of people self employed of all the other places in the greater region. The city with the highest percentage of people self employed in the area is Stanford which shows a percentage self employed of 15.8% ( markedly bigger).

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 $35,625 of the total and is ranked #3. Only #2 Berea ($48,833), and #1 Stanford ($49,833) are larger. Second, it has one of the largest proportions of median income-25 to 44 years at $44,583 of the total and is ranked #3. Only #2 Berea ($47,593), and #1 Lancaster ($53,250) are larger. Third, it has the second smallest in terms of median income for those under 25 years of age of all the other places in the local area in order of median income-45 to 64 years at $18,750 of the total.

Figure 9 breaks down the source of income and Crab Orchard has the largest proportion of investment and retirement income at 18.8% 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 24.4% which is the second most households with retirement income of all the places in the greater Crab Orchard region. The city with the highest households with retirement income in the area is Stanford which depicts a households with retirement income of 25.4% (only about 4.2% 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 in the middle range of other places in the local area at $37,000 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. Crab Orchard depicts it has the hightest cost of 97.6 for the cost of transportation classification.

Crab Orchard Kentucky 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 January 2010 to before the disasterous COVID Pandemic the monthly unemployment rate went from 8.8% to 4.7% in March 2020. This represents a decrease in the monthly unemployment rate of 46.6%. Since that time, the monthly unemployment rate has gone to 4.4% This represents a decrease in the monthly unemployment rate of 6.4%. 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 16,032 to 18,693 in March 2020. This represents an increase in the monthly labor force participation of 16.6%. Since that time, the monthly labor force participation has gone to 17,386 This represents a decrease in the monthly labor force participation of 7.0%.

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 Crab Orchard shows it has a Unemployment Rate of 2.5% 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 Brodhead which depicts a rate of 14.2% ( very much bigger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Crab Orchard shows it has a Labor Force Participation of 43.7% which is the smallest when ranked by participation rate of all the other 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). Crab Orchard has the largest proportion of unemployed at 56.3% of the total and is ranked #1.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Crab Orchard shows full time employees approximately 2.7 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 Crab Orchard area. Crab Orchard depicts it has a Single Earner Families of 45.2% which is the second most of all the places in the local area. The city with the highest families with a single earner in the area is McKinney CDP which depicts a single earners rate of 55.8% (23.4% larger). The percentage of families with no one working is depicted in Figure 22. Crab Orchard depicts it has a Families with No One Working of 19.1% which is less than most other places in the local area. The city with the highest families with no one working in the area is Brodhead which depicts a families with no worker of 36.1% (about twice as large).

Crab Orchard Kentucky Poverty Charts

The next section details economy analysis about poverty for residents of the Crab Orchard 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. Crab Orchard depicts it has a Total In Poverty of 281 which is the second smallest when ranked by total people earning less than the poverty level of all the other places in the local area. The city with the highest total people earning less than the poverty level in the area is Berea which shows a total people earning less than the poverty level of 2,694 ( 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. Crab Orchard shows it has a Percent of Population In Poverty of 35.5% which is the second most of all the places in the metro area. The city with the highest percent of people earning less than the poverty level in the area is Mount Vernon which depicts a percent of people in poverty of 35.8% ( about the same size).

In Figure 25 people who are in poverty are broken out by age group. Crab Orchard has one of the largest proportions of person in poverty under 12 years at 13% of the total and is ranked #2. The only larger city being Stanford with 13%. Second, it has one of the largest proportions of person in poverty 12 to 17 years at 36% of the total and is ranked #2. The only larger city being Brodhead with 37%. Third, it has the smallest proportion of person in poverty 18 to 34 years at 9% of the total. Also, it has the largest proportion of person in poverty 55 to 64 years at 17% of the total and is ranked #1.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Crab Orchard has one of the largest proportions of hawaiian poverty rate at 84% of the total and is ranked #3. Only #2 Stanford (100%), and #1 Brodhead (100%) are larger.

Figure 27 shows key poverty statistics for groups based on marriage status. Crab Orchard has the percentage of married with children and in poverty less than most other places in the surrounding region at 45% of the total. Second, it has less than most other places in the metro area in terms of unmarried with children and in poverty at 45% of the total. Third, it has one of the largest proportions of unmarried female with children and in poverty at 44% of the total and is ranked #2. The only larger city being Mount Vernon with 55%.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Crab Orchard has the largest proportion of highschool graduate and in poverty at 35% 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.) Crab Orchard depicts it has a Public Assistance Percent of 30.6% which is in the middle range of other places in the greater region. The city with the highest households with public assistance in the area is Mount Vernon which shows a households with public assistance of 34.0% (11.2% larger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Crab Orchard depicts it has a Gini Index of 48.1% which is less than most other places in the area.

Crab Orchard Kentucky Work Commute Charts

Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Crab Orchard or elsewhere.) Crab Orchard has one of the largest proportions of people who drove alone at 87% of the total and is ranked #2. The only larger city being McKinney CDP with 100%.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Crab Orchard has one of the largest proportions of people who leave for work between 12am to 5am at 4% of the total and is ranked #2. The only larger city being Brodhead with 7%. Second, it has one of the largest proportions of people who leave for work between 5am to 530am at 14% of the total and is ranked #2. The only larger city being Brodhead with 16%. Third, it has the second smallest in terms of people who leave for work between 12am to 5am of all the other places in the greater region as measured by people who leave for work between 12noon to 4pm at 4% of the total.

The next graph in Figure 36 shows the average number of minutes that it takes for people to commute to work. Crab Orchard has the percentage of people with commute time of less than 5 minutesutes the second smallest in terms of people with commute time of less than 5 minutes of all the other places in the area at 4% 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 places in the greater region in terms of people with commute time between 5 to 9 minutes at 7% of the total. Third, it has the largest proportion of people with commute time between 15 to 19 minutes at 16% of the total and is ranked #1. Also, it has the largest proportion of people with commute time between 20 to 24 minutes at 27% 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 7% of the total and is ranked #1.

The average commute time is shown in Figure 37. Crab Orchard depicts it has a Avg Commute Time of 31 which is the largest of all places in the greater Crab Orchard region. Figure 38 shows the difference between male versus female commuting time. Crab Orchard shows average commute time in minutes for men approximately three-fourths the size as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Crab Orchard has the percentage of no vehicle available less than most other places in the surrounding region at 18% of the total. Second, it has one of the largest proportions of 2 vehicles available at 32% of the total and is ranked #2. The only larger city being McKinney CDP with 63%. Third, it has less than most other places in the metro area in order of 3 vehicles available at 5% of the total. Also, it has one of the largest proportions of 4 vehicles available at 8% of the total and is ranked #2. The only larger city being Stanford with 10%. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Crab Orchard shows it has a Work in city or place where live of 19% which is less than most other places in the surrounding region. The city with the highest people who both work and live in the same city in the area is Mount Vernon which shows a people who both work and live in the same city of 59% (approximately 3.1 times bigger). Comparing people who both work and live in the same city to the United States average of 42%, Crab Orchard is approximately half the size. Also, measured against the state of Kentucky, people who both work and live in the same city of 52%, Crab Orchard is approximately a third the size.

Crab Orchard 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. Crab Orchard shows it has the hightest median earnings of $45,417 for the earnings-natural resources, construction, maintenance occupations group. Similarly, Figure 47 shows the median earnings of women for the job categories and Crab Orchard shows it has the hightest median earnings of $51,250 for the earnings-healthcare practitioners and tech occupations category. The table in Figure 48, shows Crab Orchard employment data in terms of job categories and salary data.

Crab Orchard 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. Crab Orchard shows it has the hightest entrepreneurs of 100% for the self employed in sales and office related 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. Crab Orchard shows it has the hightest entrepreneurs of 100% for the self employed in retail trade grouping.

In Figure 51 the average annual self employment/entrepreneur income is shown. Crab Orchard depicts it has a Self Employment Income of $5,892 which is the second smallest when sorted by average annual self employment income of all the other places in the greater region. The city with the highest average annual self employment income in the area is Stanford which shows an average annual self employment income of $29,023 (approximately 4.9 times bigger). Comparing average annual self employment income to the United States average of $39,154, Crab Orchard is approximately a sixth the size. Also, benchmarked against the state of Kentucky, average annual self employment income of $32,419, Crab Orchard is approximately a fifth the size.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Crab Orchard shows total number of self-employed men approximately half the size as the total number of self-employed women.