Junction City CCD Kentucky Income Charts

This section shows the Junction City 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, Junction City CCD depicts it has a median earnings per worker of $39,122 which is the second most median earnings of all the places in the greater Junction City CCD region. The place with the highest median earnings per worker in the area is Hustonville which shows a median earnings of $40,741 (only about 4.1% larger). Comparing median earnings per worker to the United States average of $47,712, Junction City CCD is about 22.0% smaller. Also, benchmarked against the state of Kentucky, median earnings per worker of $41,808, Junction City CCD is about 6.9% smaller.

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 $44,107 which is more than all other places in the greater Junction City CCD region. Comparing median household income to the United States average of $60,293, Junction City CCD is approximately three-fourths the size. Also, in contrast to the state of Kentucky, median household income of $48,392, Junction City CCD is about 9.7% smaller.

The next section examines a variety of different income statistics for the Junction City CCD metropolitan area. In Figure 3 we see that it has the percentage of earnings less than $10,000 less than most other places in the local area at 14.8% of the total. Second, it has one of the largest proportions of earnings between $10,000 and $14,999 at 8.6% of the total and is ranked #2. The only larger place being Hustonville with 12.2%. Third, it has the largest proportion of earnings between $75,000 and $99,999 at 3.8% 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 40.9 which is the second most average hours of all the places in the greater Junction City CCD region. The place with the highest average hours in the area is Hustonville which depicts an average hours of 44.3 (8.3% 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 $18.39 which is the second most average hourly earnings of all the places in the greater Junction City CCD region. The place with the highest average hourly earnings in the area is Danville which shows an average hourly earnings of $18.78 ( only slightly larger). Comparing average hourly earnings to the United States average of $23.71, Junction City CCD is approximately three-fourths the size. Also, in comparison with the state of Kentucky, average hourly earnings of $20.67, Junction City CCD is about 12.4% smaller.

Figure 7 examines the number of self employed people in the Junction City CCD metro area based on the number of people who reported any self employment income. Junction City CCD depicts it has a percentage of people self employed of 11.8% which is the second most people self employed of all the places in the greater Junction City CCD region. The place with the highest percentage of people self employed in the area is Stanford which shows a percentage self employed of 15.9% (34.6% 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 $29,500 of the total and is ranked #3. Only #2 Danville ($33,906), and #1 Perryville ($35,833) are larger. Second, it has one of the largest proportions of median income-25 to 44 years at $50,800 of the total and is ranked #3. Only #2 Perryville ($52,159), and #1 Hustonville ($54,188) are larger. Third, it has the largest proportion of median income-45 to 64 years at $53,977 of the total and is ranked #1. Also, it has in the mid point range of other places in the local area when sorted by median income-65 years and over at $24,621 of the total.

Figure 9 breaks down the source of income and Junction City CCD has one of the largest proportions of income from wages at 74.5% of the total and is ranked #2. The only larger place being Junction City with 77.1%.

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 18.4% which is less than most other places in the local area. The place with the highest households with retirement income in the area is Stanford which depicts a households with retirement income of 25.0% (35.4% 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 center range of other places in the local area at $49,483 of the total. Second, it has in the mid point range of other places in the metro area in order of white family income at $49,310 of the total. Third, it has the largest proportion of hispanic family income at $39,688 of the total and is ranked #1.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Junction City CCD depicts it has the hightest cost of 97.6 for the cost of transportation grouping.

Junction City 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 COVID-19 Pandemic the monthly unemployment rate went from 9.1% to 3.4% in December 2019. This represents a decrease in the monthly unemployment rate of 62.6%. Since that time, the monthly unemployment rate has gone to 3.4% 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 14,083 to 15,424 in November 2019. This represents an increase in the monthly labor force participation of 9.5%. Since that time, the monthly labor force participation has gone to 15,424 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 Junction City CCD shows it has an unemployment rate of 2.6% which is in the center range of other places in the metro area. The place with the highest unemployment rate in the area is Perryville which shows a rate of 6.2% (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. Junction City CCD depicts it has a participation rate of 58.7% which is the third most participation rates of all other places in the greater Junction City CCD region.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Junction City CCD depicts full time employees approximately 4.5 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 Junction City CCD area. Junction City CCD depicts it has a families with a single earner of 34.3% which is the third most families with a single earner of all other places in the greater Junction City CCD region. The place with the highest families with a single earner in the area is McKinney CDP which depicts a single earners rate of 57.4% (67.4% larger). The percentage of families with no one working is depicted in Figure 22. Junction City CCD indicates it has a families with no one working of 20.5% which is the third most of all other places in the area. The place with the highest families with no one working in the area is Perryville which depicts a families with no worker of 25.8% (26.2% larger).

Junction City CCD Kentucky Poverty Charts

The next section details economy analysis about poverty for residents of the Junction City 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. Junction City CCD shows it has a total people earning less than the poverty level of 640 which is the third most total people earning less than the poverty level of all other places in the greater Junction City CCD region. The place with the highest total people earning less than the poverty level in the area is Danville which indicates a total people earning less than the poverty level of 2,749 (approximately 4.3 times bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Junction City CCD depicts it has a percent of people earning less than the poverty level of 13.4% which is less than most other places in the surrounding region. The place with the highest percent of people earning less than the poverty level in the area is Stanford which depicts a percent of people in poverty of 27.8% (about twice as large).



The next chart, Figure 26, shows the percentage of people in poverty by racial group. Junction City CCD has the largest proportion of black poverty rate at 54% of the total and is ranked #1.

Figure 27 shows key poverty statistics for groups based on marriage status. Junction City CCD has the percentage of unmarried with children and in poverty in the mid range of other places in the surrounding region at 32% of the total. Second, it has in the center range of other places in the metro area in terms of unmarried female with children and in poverty at 38% of the total. Third, it has the largest proportion of unmarried male with children and in poverty at 21% of the total and is ranked #1.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Junction City CCD has the percentage of has some college and in poverty the second smallest in terms of less than highschool in poverty of all the other places in the greater region at 7% of the total. 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.) Junction City CCD shows it has a households with public assistance of 16.7% which is the second smallest as measured by households with public assistance of all the other places in the metropolitan area. The place with the highest households with public assistance in the area is McKinney CDP which depicts a households with public assistance of 23.9% (43.0% larger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Junction City CCD shows it has a the gini index of 44.4% which is the third most of all other places in the local area.

Junction City CCD Kentucky Work Commute Charts

Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Junction City CCD or elsewhere.) Junction City CCD has the largest proportion of people who carpooled at 15% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Junction City CCD has the largest proportion of people who leave for work between 5am to 530am at 6% of the total and is ranked #1. Second, it has the largest proportion of people who leave for work between 730 am to 8am at 16% 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. Junction City CCD has the percentage of people with commute time of less than 5 minutesutes less than most other places in the greater region at 2% of the total. Second, it has in the middle range of other places in the local area as measured by people with commute time between 5 to 9 minutes at 12% of the total. Third, it has one of the largest proportions of people with commute time between 10 to 14 minutes at 23% of the total and is ranked #3. Only #2 Junction City (23%), and #1 Danville (24%) are larger. Also, it has the smallest proportion of people with commute time between 30 to 34 minutes at 3% of the total. In addition, it has the largest proportion of people with commute time between 35 to 39 minutes at 5% of the total and is ranked #1. Furthermore, it has the largest proportion of people with commute time between 45 to 59 minutes at 10% of the total and is ranked #1. Next it has in the middle range of other places in the metropolitan area when ranked by people with commute time between 60 to 89 minutes at 6% of the total.

The average commute time is shown in Figure 37. Junction City CCD depicts it has an average commute time of 25 which is the third most of all other places in the surrounding region. Figure 38 shows the difference between male versus female commuting time. Junction City CCD depicts average commute time in minutes for men 53.7% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Junction City CCD has the percentage of 1 vehicle available the second smallest when sorted by no vehicle available of all the other places in the area at 12% of the total. Second, it has one of the largest proportions of 4 vehicles available at 11% of the total and is ranked #3. Only #2 Stanford (11%), and #1 Perryville (12%) are larger. Third, it has one of the largest proportions of 5 or more vehicles available at 6% of the total and is ranked #2. The only larger place being Stanford with 9%. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Junction City CCD shows it has a people who both work and live in the same city of 2% which is less than most other places in the metro area. The place with the highest people who both work and live in the same city in the area is Danville which shows a people who both work and live in the same city of 67% ( considerably bigger). Comparing people who both work and live in the same city to the United States average of 42%, Junction City CCD is only about 5.8% the size. Also, compared with the state of Kentucky, people who both work and live in the same city of 52%, Junction City CCD is only about 4.6% the size.

Junction City 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. Junction City CCD depicts it has the hightest median earnings of $71,667 for the management, business, and financial occupations group. Similarly, Figure 47 shows the median earnings of women for the job categories and Junction City CCD shows it has the hightest median earnings of $51,193 for the earnings-education, legal, community service, arts, media occupations grouping. The table in Figure 48, shows Junction City CCD employment data in terms of job categories and salary data.

Junction City 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. Junction City CCD depicts it has the hightest entrepreneurs of 81% for the self employed management, business, science, and arts 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. Junction City CCD shows it has the hightest entrepreneurs of 47% for the self employed in professional, scientific, management, administrative services classification.

In Figure 51 the average annual self employment/entrepreneur income is shown. Junction City CCD depicts it has an average annual self employment income of $21,460 which is the second most average annual self employment income of all the places in the greater Junction City CCD region. The place with the highest average annual self employment income in the area is Stanford which shows an average annual self employment income of $26,302 (22.6% larger). Comparing average annual self employment income to the United States average of $37,819, Junction City CCD is approximately half the size. Also, measured against the state of Kentucky, average annual self employment income of $30,549, Junction City CCD is approximately three-fourths the size.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Junction City CCD shows total number of self-employed men considerably bigger as the total number of self-employed women.