Crab Orchard Kentucky Income Charts

This section shows the Crab Orchard Kentucky economy using the most recent economic analysis from the 2022 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Crab Orchard depicts it has a Median earnings of $34,643 which is in the mid range of other places in the area. The city with the highest median earnings per worker in the area is Berea which shows a median earnings of $45,483 (31.3% larger). Comparing median earnings per worker to the United States average of $53,269, Crab Orchard is approximately three-fourths the size. Also, in comparison with the state of Kentucky, median earnings per worker of $46,067, 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 $24,659 which is less than most other places in the greater region. The city with the highest median household income in the area is Berea which shows a median income of $49,974 (about twice as large). Comparing median household income to the United States average of $69,021, Crab Orchard is approximately a third the size. Also, benchmarked against the state of Kentucky, median household income of $55,454, 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 one of the largest proportions of earnings between $15,000 and $19,999 at 40.1% of the total and is ranked #3. Only #2 Brodhead (40.2%), and #1 Stanford (46.6%) are larger. Second, it has the smallest proportion of earnings between $20,000 and $49,999 at 13.2% 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 34.9 which is less than most other places in the local area. The city with the highest average hours in the area is Stanford which depicts an average hours of 40.0 (14.6% 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 $19.09 which is the second most average hourly earnings of all the places in the greater Crab Orchard region. The city with the highest average hourly earnings in the area is Berea which depicts an average hourly earnings of $25.43 (33.2% larger). Comparing average hourly earnings to the United States average of $26.40, Crab Orchard is approximately three-fourths the size. Also, measured against the state of Kentucky, average hourly earnings of $22.72, Crab Orchard is about 19.0% 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 2.8% which is less than most other places in the greater region. The city with the highest percentage of people self employed in the area is Lancaster which depicts a percentage self employed of 16.0% ( very much 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 $39,375 of the total and is ranked #3. Only #2 Berea ($56,250), and #1 Stanford ($56,473) are larger. Second, it has the second smallest as measured by median income for those under 25 years of age of all the other places in the greater region as measured by median income-45 to 64 years at $23,409 of the total.

Figure 9 breaks down the source of income and Crab Orchard has the largest proportion of investment and retirement income at 23.2% 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 24.9% 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 Lancaster which shows a households with retirement income of 25.4% ( only slightly 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 less than most other places in the local area at $37,625 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 grouping.

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 depicts that from February 2010 to before the disasterous COVID-19 Pandemic the monthly unemployment rate went from 8.5% to 4.1% in February 2020. This represents a decrease in the monthly unemployment rate of 51.8%. Since that time, the monthly unemployment rate has gone to 3.8% This represents a decrease in the monthly unemployment rate of 7.3%. 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 shows that from February 2010 to before the Wuhan virus Pandemic the monthly labor force participation went from 16,010 to 18,703 in March 2020. This represents an increase in the monthly labor force participation of 16.8%. Since that time, the monthly labor force participation has gone to 18,822 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 Crab Orchard shows it has a Unemployment Rate of 4.5% which is the second most unemployment rate of all the places in the greater Crab Orchard region. The city with the highest unemployment rate in the area is Brodhead which shows a rate of 8.6% (about twice as large). 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 40.8% which is the smallest when ranked by participation rate of all the other places in the metropolitan 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 59.2% 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 about twice as large 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 shows it has a Single Earner Families of 40.4% which is the second most families with a single earner of all the places in the greater Crab Orchard region. The city with the highest families with a single earner in the area is McKinney CDP which depicts a single earners rate of 53.1% (31.4% 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 25.0% which is in the mid range of other places in the surrounding region. The city with the highest families with no one working in the area is Brodhead which shows a families with no worker of 30.7% (22.8% larger).

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 indicates it has a Total In Poverty of 241 which is the second smallest when ranked by total people earning less than the poverty level of all the other places in the metro area. The city with the highest total people earning less than the poverty level in the area is Berea which depicts a total people earning less than the poverty level of 2,432 ( appreciably 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 depicts it has a Percent of Population In Poverty of 36.1% which is the second most of all the places in the local 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 40.6% (12.6% larger).

In Figure 25 people who are in poverty are broken out by age group. Crab Orchard has the largest proportion of person in poverty 55 to 64 years at 15% 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 82% of the total and is ranked #3. Only #2 Stanford (100%), and #1 Brodhead (100%) are larger.

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 36% of the total and is ranked #1. Second, it has one of the largest proportions of has some college and in poverty at 17% of the total and is ranked #2. The only larger city being Mount Vernon with 37%. 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 shows it has a Public Assistance Percent of 42.9% which is the highest of all places in the greater Crab Orchard region.

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 45.6% which is in the middle range of other places in the metro 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 the largest proportion of people who carpooled at 16% of the total and is ranked #1.

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 Lancaster with 7%. Second, it has the largest proportion of people who leave for work between 530 am to 6am at 22% of the total and is ranked #1. Third, it has the largest proportion of people who leave for work between 6am to 630am at 13% 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. Crab Orchard has the percentage of people with commute time of less than 5 minutesutes the second smallest as measured by people with commute time of less than 5 minutes of all the other places in the metropolitan area at 8% of the total. Second, it has the second smallest when ranked by people with commute time of less than 5 minutes of all the other places in the metropolitan area when ranked by people with commute time between 5 to 9 minutes at 8% of the total. Third, it has the largest proportion of people with commute time between 20 to 24 minutes at 19% of the total and is ranked #1.

The average commute time is shown in Figure 37. Crab Orchard shows it has a Avg Commute Time of 29 which is the largest of all places in the local area. 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 the second smallest in terms of no vehicle available of all the other places in the metro area at 8% of the total. Second, it has the largest proportion of 1 vehicle available at 47% of the total and is ranked #1. Third, it has the second smallest in terms of no vehicle available of all the other places in the metropolitan area when ranked by 2 vehicles available at 20% of the total. Also, it has one of the largest proportions of 3 vehicles available at 13% of the total and is ranked #2. The only larger city being Stanford with 17%. In addition, it has the largest proportion of 4 vehicles available at 9% 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.) Crab Orchard shows it has a Work in city or place where live of 15% 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 Mount Vernon which shows a people who both work and live in the same city of 54% (approximately 3.5 times bigger). Comparing people who both work and live in the same city to the United States average of 44%, Crab Orchard is approximately a third the size. Also, measured against the state of Kentucky, people who both work and live in the same city of 53%, 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 $42,500 for the earnings-production, transportation, material moving 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 $50,000 for the earnings-sales and office occupations aggregate. The table in Figure 48, shows Crab Orchard employment data in terms of job categories and salary data.

Crab Orchard Kentucky Self Employment Charts

In Figure 51 the average annual self employment/entrepreneur income is shown. Crab Orchard shows it has a Self Employment Income of $975 which is the second smallest when ranked by average annual self employment income of all the other places in the metro area. The city with the highest average annual self employment income in the area is Mount Vernon which shows an average annual self employment income of $66,075 ( considerably bigger). Comparing average annual self employment income to the United States average of $42,141, Crab Orchard is only about 2.3% the size. Also, versus the state of Kentucky, average annual self employment income of $34,912, Crab Orchard is only about 2.8% the size.