Grethel-Teaberry CCD Kentucky Income Charts

This section shows the Grethel-Teaberry 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, Grethel-Teaberry CCD depicts it has a median earnings per worker of $32,500 which is less than most other places in the greater region. The place with the highest median earnings per worker in the area is Pikeville which shows a median earnings of $49,076 (51.0% larger). Comparing median earnings per worker to the United States average of $47,712, Grethel-Teaberry CCD is approximately three-fourths the size. Also, measured against the state of Kentucky, median earnings per worker of $41,808, Grethel-Teaberry 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 $35,156 which is the third most median income of all other places in the greater Grethel-Teaberry CCD region. The place with the highest median household income in the area is Betsy Layne CDP which shows a median income of $45,217 (28.6% larger). Comparing median household income to the United States average of $60,293, Grethel-Teaberry CCD is approximately half the size. Also, in contrast to the state of Kentucky, median household income of $48,392, Grethel-Teaberry CCD is approximately three-fourths the size.

The next section examines a variety of different income statistics for the Grethel-Teaberry CCD metropolitan area. In Figure 3 we see that it has the percentage of earnings less than $10,000 the second smallest in order of median earnings of less than $10,000 of all the other places in the metro area at 15.5% of the total. Second, it has the largest proportion of earnings between $75,000 and $99,999 at 9.7% 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 an average hours of 39.9 which is in the mid point range of other places in the greater region. The place with the highest average hours in the area is Coal Run Village which shows an average hours of 40.7 ( only slightly 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 $15.66 which is less than most other places in the metro area. The place with the highest average hourly earnings in the area is Pikeville which indicates an average hourly earnings of $25.30 (61.5% larger). Comparing average hourly earnings to the United States average of $23.71, Grethel-Teaberry CCD is approximately three-fourths the size. Also, in contrast to the state of Kentucky, average hourly earnings of $20.67, Grethel-Teaberry CCD is approximately three-fourths the size.

Figure 7 examines the number of self employed people in the Grethel-Teaberry CCD metro area based on the number of people who reported any self employment income. Grethel-Teaberry CCD shows it has a percentage of people self employed of 5.1% which is the third most people self employed of all other places in the greater Grethel-Teaberry CCD region. The place with the highest percentage of people self employed in the area is Pikeville which shows a percentage self employed of 10.3% (about twice as large).

Turning our attention to Figure 8, the median household income by age group, it has one of the largest proportions of median income-25 to 44 years at $42,721 of the total and is ranked #3. Only #2 Pikeville ($43,304), and #1 Coal Run Village ($47,813) are larger. Second, it has in the mid point range of other places in the greater region in terms of median income-45 to 64 years at $35,353 of the total. Third, it has in the mid range of other places in the area in order of median income-65 years and over at $24,518 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 19.3% which is in the center range of other places in the area. The place with the highest households with retirement income in the area is McDowell CDP which depicts a households with retirement income of 39.4% (about twice as large).

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 $36,682 of the total. Second, it has less than most other places in the metro area as measured by white family income at $36,682 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. Grethel-Teaberry CCD depicts it has the hightest cost of 104.1 for the cost of grocery items grouping.

Grethel-Teaberry 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 shows that from February 2010 to before the disasterous Covid-19 virus Pandemic the monthly unemployment rate went from 7.6% to 3.3% in December 2019. This represents a decrease in the monthly unemployment rate of 56.6%. Since that time, the monthly unemployment rate has gone to 3.3% 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 Coronavirus Pandemic the monthly labor force participation went from 1,996 to 1,688 in November 2019. This represents a decrease in the monthly labor force participation of 15.4%. Since that time, the monthly labor force participation has gone to 1,688 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 Grethel-Teaberry CCD shows it has an unemployment rate of 3.1% which is the third most unemployment rate of all other places in the greater Grethel-Teaberry CCD region. The place with the highest unemployment rate in the area is Martin which depicts a rate of 9.0% (approximately 2.9 times bigger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Grethel-Teaberry CCD shows it has a participation rate of 35.1% which is the second smallest when ranked by participation rate of all the other places in the greater 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). Grethel-Teaberry CCD has one of the largest proportions of not in labor force at 64.9% of the total and is ranked #2. The only larger place being McDowell CDP with 85.7%.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Grethel-Teaberry CCD shows full time employees approximately 2.4 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 Grethel-Teaberry CCD area. Grethel-Teaberry CCD depicts it has a families with a single earner of 35.4% which is the third most families with a single earner of all other places in the greater Grethel-Teaberry CCD region. The place with the highest families with a single earner in the area is McDowell CDP which shows a single earners rate of 54.3% (53.4% larger). The percentage of families with no one working is depicted in Figure 22. Grethel-Teaberry CCD shows it has a families with no one working of 50.8% which is the second most families with no one working of all the places in the greater Grethel-Teaberry CCD region. The place with the highest families with no one working in the area is Martin which depicts a families with no worker of 57.1% (12.5% larger).

Grethel-Teaberry CCD Kentucky Poverty Charts

The next section details economy analysis about poverty for residents of the Grethel-Teaberry 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. Grethel-Teaberry CCD shows it has a total people earning less than the poverty level of 1,272 which is the second most total people earning less than the poverty level of all the places in the greater Grethel-Teaberry CCD region. The place with the highest total people earning less than the poverty level in the area is Pikeville which depicts a total people earning less than the poverty level of 1,788 (40.6% larger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Grethel-Teaberry CCD shows it has a percent of people earning less than the poverty level of 27.9% which is the second smallest in terms of percent of people earning less than the poverty level of all the other places in the greater region. The place with the highest percent of people earning less than the poverty level in the area is McDowell CDP which shows a percent of people in poverty of 52.9% (about twice as large).



The next chart, Figure 26, shows the percentage of people in poverty by racial group. Grethel-Teaberry CCD has the percentage of white poverty rate the second smallest in order of white poverty rate of all the other places in the local area at 28% of the total.

Figure 27 shows key poverty statistics for groups based on marriage status. Grethel-Teaberry CCD has the percentage of married with children and in poverty in the middle range of other places in the surrounding region at 23% of the total. Second, it has less than most other places in the area when sorted by unmarried with children and in poverty at 68% of the total. Third, it has one of the largest proportions of unmarried male with children and in poverty at 72% of the total and is ranked #3. Only #2 Wayland (100%), and #1 Betsy Layne CDP (100%) are larger.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Grethel-Teaberry CCD has the percentage of highschool graduate and in poverty the second smallest when ranked by less than highschool in poverty of all the other places in the greater region at 15% of the total. Second, it has one of the largest proportions of has some college and in poverty at 25% of the total and is ranked #3. Only #2 Betsy Layne CDP (33%), and #1 McDowell CDP (79%) are larger. Figure 29 looks at only those people who make less than the poverty level of income and breaks down there employment status. Grethel-Teaberry CCD has one of the largest proportions of people who are in poverty and not in labor force at 23.3% of the total and is ranked #2. The only larger place being Wayland with 33.0%. 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.) Grethel-Teaberry CCD depicts it has a households with public assistance of 38.2% which is the second most households with public assistance of all the places in the greater Grethel-Teaberry CCD region. The place with the highest households with public assistance in the area is Wayland which shows a households with public assistance of 40.7% (6.6% larger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Grethel-Teaberry CCD shows it has a the gini index of 39.0% which is the second smallest in terms of the gini index of all the other places in the area.

Grethel-Teaberry CCD Kentucky Work Commute Charts

In Figure 35 is shown a frequency distribution of the time that people leave for work. Grethel-Teaberry CCD has one of the largest proportions of people who leave for work between 12am to 5am at 10% of the total and is ranked #2. The only larger place being McDowell CDP with 20%. Second, it has the largest proportion of people who leave for work between 7am to 730am at 28% of the total and is ranked #1. Third, it has the largest proportion of people who leave for work between 11am to 12noon at 4% 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. Grethel-Teaberry CCD has the smallest proportion of people with commute time between 5 to 9 minutes at 3% of the total. Second, it has the largest proportion of people with commute time between 20 to 24 minutes at 18% of the total and is ranked #1. Third, it has the largest proportion of people with commute time between 25 to 29 minutes at 16% of the total and is ranked #1. Also, it has the largest proportion of people with commute time between 40 to 44 minutes at 7% of the total and is ranked #1. In addition, it has one of the largest proportions of people with commute time between 60 to 89 minutes at 14% of the total and is ranked #2. The only larger place being Wayland with 14%.

The average commute time is shown in Figure 37. Grethel-Teaberry CCD depicts it has an average commute time of 30 which is the second most average commute time of all the places in the greater Grethel-Teaberry CCD region. Figure 38 shows the difference between male versus female commuting time. Grethel-Teaberry CCD depicts average commute time in minutes for men 56.9% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Grethel-Teaberry CCD has the percentage of 1 vehicle available the second smallest in terms of no vehicle available of all the other places in the surrounding region at 21% of the total. Second, it has the largest proportion of 3 vehicles available at 34% of the total and is ranked #1. Third, it has the second smallest as measured by no vehicle available of all the other places in the greater region when sorted by 4 vehicles available at 1% of the total. Also, it has one of the largest proportions of 5 or more vehicles available at 5% of the total and is ranked #2. The only larger place being Coal Run Village with 6%.

Grethel-Teaberry 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. Grethel-Teaberry CCD shows it has the hightest median earnings of $63,173 for the earnings-production, transportation, material moving occupations grouping. Similarly, Figure 47 shows the median earnings of women for the job categories and Grethel-Teaberry CCD depicts it has the hightest median earnings of $24,563 for the earnings-sales and office occupations grouping. The table in Figure 48, shows Grethel-Teaberry CCD employment data in terms of job categories and salary data.

Grethel-Teaberry 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. Grethel-Teaberry CCD shows it has the hightest entrepreneurs of 57% for the self employed in sales and office related 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. Grethel-Teaberry CCD shows it has the hightest entrepreneurs of 57% 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. Grethel-Teaberry CCD shows it has an average annual self employment income of $26,938 which is the second most of all the places in the local area. The place with the highest average annual self employment income in the area is Pikeville which indicates an average annual self employment income of $67,319 (approximately 2.5 times bigger). Comparing average annual self employment income to the United States average of $37,819, Grethel-Teaberry CCD is approximately three-fourths the size. Also, measured against the state of Kentucky, average annual self employment income of $30,549, Grethel-Teaberry CCD is about 13.4% smaller.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Grethel-Teaberry CCD depicts total number of self-employed men approximately 2.2 times bigger as the total number of self-employed women.