Fountain Run CCD Kentucky Income Charts

This section shows the Fountain Run CCD Kentucky economy using the most recent economic analysis from the 2019 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Fountain Run CCD shows it has a median earnings per worker of $30,149 which is in the mid range of other places in the greater region. The place with the highest median earnings per worker in the area is Fountain Run which indicates a median earnings of $40,417 (34.1% larger). Comparing median earnings per worker to the United States average of $47,712, Fountain Run CCD is approximately three-fourths the size. Also, measured against the state of Kentucky, median earnings per worker of $41,808, Fountain Run CCD 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 $34,297 which is the second most of all the places in the greater region. The place with the highest median household income in the area is Fountain Run which shows a median income of $36,875 (7.5% larger). Comparing median household income to the United States average of $60,293, Fountain Run CCD is approximately half the size. Also, benchmarked against the state of Kentucky, median household income of $48,392, Fountain Run CCD is approximately three-fourths the size.

The next section examines a variety of different income statistics for the Fountain Run CCD metropolitan area. In Figure 3 we see that it has the percentage of earnings between $10,000 and $14,999 in the mid range of other places in the area at 8.4% of the total. Second, it has the largest proportion of earnings between $75,000 and $99,999 at 5.8% of the total and is ranked #1. Third, it has one of the largest proportions of earnings of $100,000 more at 3.2% of the total and is ranked #2. The only larger place being Lafayette with 3.3%.

Figure 5 has the Average number of hours worked in a typical work week during the year, it has an average hours of 37.7 which is less than most other places in the local area. The place with the highest average hours in the area is Summer Shade CDP which depicts an average hours of 42.0 (11.4% larger). Dividing median annual worker earnings by the average number of hours worked in a year in Figure 6 shows that it has an average hourly earnings of $15.38 which is the third most average hourly earnings of all other places in the greater Fountain Run CCD region. The place with the highest average hourly earnings in the area is Fountain Run which depicts an average hourly earnings of $21.06 (37.0% larger). Comparing average hourly earnings to the United States average of $23.71, Fountain Run CCD is approximately three-fourths the size. Also, in comparison with the state of Kentucky, average hourly earnings of $20.67, Fountain Run CCD is approximately three-fourths the size.

Figure 7 examines the number of self employed people in the Fountain Run CCD metro area based on the number of people who reported any self employment income. Fountain Run CCD depicts it has a percentage of people self employed of 16.4% which is the second most people self employed of all the places in the greater Fountain Run CCD region. The place with the highest percentage of people self employed in the area is Red Boiling Springs which shows a percentage self employed of 26.7% (63.1% larger).

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 $30,859 of the total and is ranked #2. The only larger place being Gamaliel with $31,250. Second, it has one of the largest proportions of median income-25 to 44 years at $54,250 of the total and is ranked #2. The only larger place being Fountain Run with $80,250. Third, it has the largest proportion of median income-45 to 64 years at $46,442 of the total and is ranked #1. Also, it has less than most other places in the greater region as measured by median income-65 years and over at $17,955 of the total.

Figure 9 breaks down the source of income and Fountain Run CCD has the largest proportion of self employment income at 14.9% of the total and is ranked #1. Second, it has the smallest proportion of social security at 9.2% of the total.

The next chart (Figure 11) shows the percentage of households that had retirement income over the last 12 months and it has a households with retirement income of 12.7% which is the second smallest when sorted by households with retirement income of all the other places in the greater region. The place with the highest households with retirement income in the area is Summer Shade CDP which depicts a households with retirement income of 46.5% (approximately 3.7 times bigger).

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 $47,604 of the total and is ranked #3. Only #2 Tompkinsville ($48,026), and #1 Fountain Run ($51,250) are larger. Second, it has one of the largest proportions of white family income at $47,222 of the total and is ranked #3. Only #2 Tompkinsville ($47,632), and #1 Fountain Run ($51,250) are larger.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Fountain Run CCD shows it has the hightest cost of 99.7 for the cost of transportation group.

Fountain Run CCD 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 Coronavirus Pandemic the monthly unemployment rate went from 11.2% to 2.6% in December 2019. This represents a decrease in the monthly unemployment rate of 76.8%. Since that time, the monthly unemployment rate has gone to 2.6% 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. It shows that from January 2010 to before the disasterous Covid-19 virus Pandemic the monthly labor force participation went from 11,838 to 17,401 in November 2019. This represents an increase in the monthly labor force participation of 47.0%. Since that time, the monthly labor force participation has gone to 17,401 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 Fountain Run CCD shows it has an unemployment rate of 1.8% which is the second smallest in terms of unemployment rate of all the other places in the local area. The place with the highest unemployment rate in the area is Gamaliel which depicts a rate of 4.5% (approximately 2.4 times bigger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Fountain Run CCD shows it has a participation rate of 62.2% which is the most of all places in the greater Fountain Run CCD region.

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). Fountain Run CCD has the largest proportion of employed at 60.4% of the total and is ranked #1. Second, it has the smallest proportion of not in labor force at 37.8% of the total.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Fountain Run CCD depicts full time employees approximately 3.5 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 Fountain Run CCD area. Fountain Run CCD shows it has a families with a single earner of 23.7% which is less than most other places in the metro area. The place with the highest families with a single earner in the area is Gamaliel which depicts a single earners rate of 47.8% (about twice as large). The percentage of families with no one working is depicted in Figure 22. Fountain Run CCD shows it has a families with no one working of 15.7% which is less than most other places in the surrounding region. The place with the highest families with no one working in the area is Summer Shade CDP which shows a families with no worker of 60.0% (approximately 3.8 times bigger).

Fountain Run CCD Kentucky Poverty Charts

The next section details economy analysis about poverty for residents of the Fountain Run CCD 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. Fountain Run CCD shows it has a total people earning less than the poverty level of 480 which is in the mid range of other places in the local area. The place with the highest total people earning less than the poverty level in the area is Lafayette which shows a total people earning less than the poverty level of 1,460 (approximately 3.0 times bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Fountain Run CCD depicts it has a percent of people earning less than the poverty level of 25.0% which is less than most other places in the metro area. The place with the highest percent of people earning less than the poverty level in the area is Red Boiling Springs which depicts a percent of people in poverty of 55.9% (approximately 2.2 times bigger).

In Figure 25 people who are in poverty are broken out by age group. Fountain Run CCD has the largest proportion of person in poverty 12 to 17 years at 13% of the total and is ranked #1. Second, it has the smallest proportion of person in poverty 18 to 34 years at 16% of the total. Third, it has one of the largest proportions of person in poverty 35 to 54 years at 22% of the total and is ranked #2. The only larger place being Tompkinsville with 25%. Also, it has in the middle range of other places in the metro area when ranked by person in poverty 65+ years at 13% of the total.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Fountain Run CCD has the percentage of white poverty rate less than most other places in the metro area at 25% of the total. Second, it has the largest proportion of black poverty rate at 100% of the total and is ranked #1.

Figure 27 shows key poverty statistics for groups based on marriage status. Fountain Run CCD has the percentage of married with children and in poverty less than most other places in the local area at 28% of the total. Second, it has one of the largest proportions of unmarried with children and in poverty at 68% of the total and is ranked #2. The only larger place being Red Boiling Springs with 68%. Third, it has one of the largest proportions of unmarried female with children and in poverty at 91% of the total and is ranked #3. Only #2 Red Boiling Springs (93%), and #1 Gamaliel (100%) are larger. Also, it has one of the largest proportions of unmarried male with children and in poverty at 45% of the total and is ranked #2. The only larger place being Lafayette with 58%.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Fountain Run CCD has the smallest proportion of less than highschool in poverty at 34% of the total. Second, it has one of the largest proportions of college graduate and in poverty at 10% of the total and is ranked #2. The only larger place being Summer Shade CDP with 100%. 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.) Fountain Run CCD shows it has a households with public assistance of 16.5% which is less than most other places in the local area. The place with the highest households with public assistance in the area is Red Boiling Springs which depicts a households with public assistance of 37.4% (approximately 2.3 times bigger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Fountain Run CCD shows it has a the gini index of 48.0% which is at the top of all other places in the metro area.

Fountain Run CCD Kentucky 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 Fountain Run CCD 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.) Fountain Run CCD has the largest proportion of people who bicycle or walk to work at 2% 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 Fountain Run CCD or elsewhere.) Fountain Run CCD has the largest proportion of people who walked at 2% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Fountain Run CCD has the percentage of people who leave for work between 12am to 5am less than most other places in the local area at 9% of the total. Second, 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. Fountain Run CCD has the percentage of people with commute time of less than 5 minutesutes in the mid range of other places in the local area at 8% of the total. Second, it has less than most other places in the metro area in terms of people with commute time between 10 to 14 minutes at 3% of the total. Third, it has the largest proportion of people with commute time between 35 to 39 minutes at 5% of the total and is ranked #1. Also, it has in the center range of other places in the local area when ranked by people with commute time of 90 or more minutesutes at 1% of the total.

The average commute time is shown in Figure 37. Fountain Run CCD depicts it has an average commute time of 25 which is the third most average commute time of all other places in the greater Fountain Run CCD region. Figure 38 shows the difference between male versus female commuting time. Fountain Run CCD shows average commute time in minutes for men approximately 2.3 times bigger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Fountain Run CCD has the smallest proportion of 1 vehicle available at 12% of the total. Second, it has less than most other places in the local area when ranked by 2 vehicles available at 29% of the total. Third, it has one of the largest proportions of 3 vehicles available at 32% of the total and is ranked #3. Only #2 Fountain Run (37%), and #1 Summer Shade CDP (42%) are larger. Also, it has one of the largest proportions of 4 vehicles available at 15% of the total and is ranked #3. Only #2 Summer Shade CDP (18%), and #1 Fountain Run (24%) are larger. In addition, it has the largest proportion of 5 or more vehicles available at 7% 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.) Fountain Run CCD depicts it has a people who both work and live in the same city of 18% which is less than most other places in the local area. The place with the highest people who both work and live in the same city in the area is Tompkinsville which depicts a people who both work and live in the same city of 53% (approximately 2.9 times bigger). Comparing people who both work and live in the same city to the United States average of 42%, Fountain Run CCD is approximately half the size. Also, measured against the state of Kentucky, people who both work and live in the same city of 52%, Fountain Run CCD is approximately a third the size.

Fountain Run CCD 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. Fountain Run CCD shows it has the hightest median earnings of $48,194 for the earnings-computer, engineering, and science occupations category. Similarly, Figure 47 shows the median earnings of women for the job categories and Fountain Run CCD depicts it has the hightest median earnings of $48,967 for the earnings-healthcare practitioners and tech occupations classification. The table in Figure 48, shows Fountain Run CCD employment data in terms of job categories and salary data.

Fountain Run CCD 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. Fountain Run CCD indicates it has the hightest entrepreneurs of 50% for the self employed management, business, science, and arts businesses classification.

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. Fountain Run CCD shows it has the hightest entrepreneurs of 47% for the self employed in retail trade aggregate.

In Figure 51 the average annual self employment/entrepreneur income is shown. Fountain Run CCD depicts it has an average annual self employment income of $49,344 which is the largest of all places in the greater Fountain Run CCD region. Comparing average annual self employment income to the United States average of $37,819, Fountain Run CCD is 30.5% larger. Also, measured against the state of Kentucky, average annual self employment income of $30,549, Fountain Run CCD is 61.5% larger.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Fountain Run CCD shows total number of self-employed men 60.0% larger as the total number of self-employed women.