East Bernstadt CDP Kentucky Income Charts

This section shows the East Bernstadt CDP Kentucky economy using the most recent economic analysis from the 2022 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, East Bernstadt CDP shows it has a Median earnings of $28,333 which is the second smallest when ranked by median earnings per worker of all the other places in the area. The place with the highest median earnings per worker in the area is Corbin which depicts a median earnings of $42,878 (51.3% larger). Comparing median earnings per worker to the United States average of $53,269, East Bernstadt CDP is approximately half the size. Also, versus the state of Kentucky, median earnings per worker of $46,067, East Bernstadt CDP 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 $31,875 which is less than most other places in the area. The place with the highest median household income in the area is Annville CDP which depicts a median income of $46,418 (45.6% larger). Comparing median household income to the United States average of $69,021, East Bernstadt CDP is approximately half the size. Also, compared to the state of Kentucky, median household income of $55,454, East Bernstadt CDP is approximately half the size.

The next section examines a variety of different income statistics for the East Bernstadt CDP metropolitan area. In Figure 3 we see that it it has one of the largest proportions of earnings less than $10,000 at 13.2% of the total and is ranked #2. The only larger place being Corbin with 13.5%. Second, it has in the mid range of other places in the local area when sorted by earnings between $10,000 and $14,999 at 7.1% 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 40.2 which is the third most average hours of all other places in the greater East Bernstadt CDP region. The place with the highest average hours in the area is North Corbin CDP which depicts an average hours of 50.0 (24.4% 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 $13.55 which is less than most other places in the surrounding region. The place with the highest average hourly earnings in the area is Corbin which shows an average hourly earnings of $21.14 (56.0% larger). Comparing average hourly earnings to the United States average of $26.40, East Bernstadt CDP is approximately half the size. Also, in comparison with the state of Kentucky, average hourly earnings of $22.72, East Bernstadt CDP is approximately three-fourths the size.

Figure 7 examines the number of self employed people in the East Bernstadt CDP metro area based on the number of people who reported any self employment income. East Bernstadt CDP depicts it has a Self Employed of 4.6% which is the third most people self employed of all other places in the greater East Bernstadt CDP region. The place with the highest percentage of people self employed in the area is Corbin which depicts a percentage self employed of 6.5% (41.2% 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 places in the metro area at $27,273 of the total. Second, it has in the mid point range of other places in the local area in order of median income-25 to 44 years at $31,250 of the total. Third, it has one of the largest proportions of median income-45 to 64 years at $41,429 of the total and is ranked #2. The only larger place being Annville CDP with $55,168.

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 13.6% which is less than most other places in the greater region. The place with the highest households with retirement income in the area is Annville CDP which depicts a households with retirement income of 55.0% (approximately 4.1 times bigger).

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 surrounding region at $33,583 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. East Bernstadt CDP shows it has the hightest cost of 97.6 for the cost of transportation grouping.

East Bernstadt CDP 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 disasterous Coronavirus Pandemic it went from 5.6% to 3.7% in December 2019. This represents a decrease in the monthly unemployment rate of 33.9%. Since that time, the monthly unemployment rate has gone to 3.7%. 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 17,830 to 19,126 in November 2019. This represents an increase in the monthly labor force participation of 7.3%. Since that time, the monthly labor force participation has gone to 19,126. 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 East Bernstadt CDP depicts it has a Unemployment Rate of 6.9% which is the largest of all places in the greater East Bernstadt CDP region. Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. East Bernstadt CDP depicts it has a Labor Force Participation of 48.7% which is in the mid range of other places 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). East Bernstadt CDP has the largest proportion of employed at 6.9% 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. East Bernstadt CDP depicts full time employees approximately 3.9 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 East Bernstadt CDP area. East Bernstadt CDP depicts it has a Single Earner Families of 38.5% which is the second most families with a single earner of all the places in the greater East Bernstadt CDP region. The place with the highest families with a single earner in the area is North Corbin CDP which depicts a single earners rate of 61.4% (59.5% larger). The percentage of families with no one working is depicted in Figure 22. East Bernstadt CDP shows it has a Families with No One Working of 22.2% which is the third most of all other places in the metro area. The place with the highest families with no one working in the area is Annville CDP which shows a families with no worker of 39.0% (75.6% larger).

East Bernstadt CDP Kentucky Poverty Charts

The next section details economy analysis about poverty for residents of the East Bernstadt CDP 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. East Bernstadt CDP depicts it has a Total In Poverty of 206 which is the second smallest in terms of total people earning less than the poverty level of all the other places in the greater region. The place with the highest total people earning less than the poverty level in the area is London which depicts a total people earning less than the poverty level of 1,869 ( 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. East Bernstadt CDP shows it has a Percent of Population In Poverty of 25.3% which is less than most other places in the metropolitan area. The place with the highest percent of people earning less than the poverty level in the area is Livingston which depicts a percent of people in poverty of 42.6% (68.4% larger).

In Figure 25 people who are in poverty are broken out by age group. East Bernstadt CDP has the smallest proportion of person in poverty 55 to 64 years at 5% of the total.

Figure 27 shows key poverty statistics for groups based on marriage status. East Bernstadt CDP has the percentage of married with children and in poverty less than most other places in the greater region at 54% of the total.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. East Bernstadt CDP has the smallest proportion of less than highschool in poverty at 16% of the total. Second, it has one of the largest proportions of highschool graduate and in poverty at 26% of the total and is ranked #2. The only larger place being Livingston with 43%. Figure 29 looks at only those people who make less than the poverty level of income and breaks down there employment status. East Bernstadt CDP has the largest proportion of people who are in poverty and employed at 6.3% 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.) East Bernstadt CDP depicts it has a Public Assistance Percent of 29.5% which is in the middle range of other places in the local area. The place with the highest households with public assistance in the area is Livingston which shows a households with public assistance of 56.8% (about twice as large).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). East Bernstadt CDP shows it has a Gini Index of 43.9% which is less than most other places in the local area.

East Bernstadt CDP Kentucky Work Commute Charts

In Figure 35 is shown a frequency distribution of the time that people leave for work. East Bernstadt CDP has the largest proportion of people who leave for work between 530 am to 6am at 14% of the total and is ranked #1. Second, it has the largest proportion of people who leave for work between 11am to 12noon at 18% of the total and is ranked #1. Third, it has less than most other places in the greater region when ranked by people who leave for work between 12noon to 4pm at 7% of the total.

The next graph in Figure 36 shows the average number of minutes that it takes for people to commute to work. East Bernstadt CDP has one of the largest proportions of people with commute time between 5 to 9 minutes at 29% of the total and is ranked #2. The only larger place being North Corbin CDP with 30%. Second, it has the second smallest when sorted by people with commute time of less than 5 minutes of all the other places in the local area in terms of people with commute time between 10 to 14 minutes at 7% of the total.

The average commute time is shown in Figure 37. East Bernstadt CDP depicts it has a Avg Commute Time of 19 which is in the center range of other places in the surrounding region. Figure 38 shows the difference between male versus female commuting time. East Bernstadt CDP shows average commute time in minutes for men only about 2.1% smaller as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and East Bernstadt CDP has the percentage of 1 vehicle available less than most other places in the metro area at 31% of the total. Second, it has one of the largest proportions of 3 vehicles available at 9% of the total and is ranked #2. The only larger place being North Corbin CDP with 13%. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) East Bernstadt CDP shows it has a Work in city or place where live of 6% which is the second smallest when sorted by people who both work and live in the same city of all the other places in the metropolitan area. The place with the highest people who both work and live in the same city in the area is London which depicts a people who both work and live in the same city of 59% ( substantially bigger). Comparing people who both work and live in the same city to the United States average of 44%, East Bernstadt CDP is approximately a sixth the size. Also, in comparison with the state of Kentucky, people who both work and live in the same city of 53%, East Bernstadt CDP is approximately an eigth the size.

East Bernstadt CDP 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. East Bernstadt CDP shows it has the hightest median earnings of $36,458 for the earnings-production, transportation, material moving occupations grouping. Similarly, Figure 47 shows the median earnings of women for the job categories and East Bernstadt CDP shows it has the hightest median earnings of $73,750 for the management, business, and financial occupations category. The table in Figure 48, shows East Bernstadt CDP employment data in terms of job categories and salary data.

East Bernstadt CDP 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. East Bernstadt CDP shows it has the hightest entrepreneurs of 100% for the self employed in sales and office related businesses category.

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. East Bernstadt CDP shows it has the hightest entrepreneurs of 100% for the self employed in finance, insurance, real estate, rental and leasing grouping.

In Figure 51 the average annual self employment/entrepreneur income is shown. East Bernstadt CDP depicts it has a Self Employment Income of $9,429 which is in the mid range of other places in the greater region. The place with the highest average annual self employment income in the area is Mount Vernon which depicts an average annual self employment income of $66,075 ( substantially bigger). Comparing average annual self employment income to the United States average of $42,141, East Bernstadt CDP is approximately a fifth the size. Also, measured against the state of Kentucky, average annual self employment income of $34,912, East Bernstadt CDP is approximately a third the size.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) East Bernstadt CDP shows total number of self-employed men 4 times bigger as the total number of self-employed women.