The next section examines a variety of different income statistics for the Maytown CDP metropolitan area. In Figure 3 we see that it it has the largest proportion of earnings between $20,000 and $49,999 at 100.0% 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 44.2% which is the second most households with retirement income of all the places in the greater Maytown CDP region. The place with the highest households with retirement income in the area is McDowell CDP which depicts a households with retirement income of 46.2% (only about 4.6% 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. Maytown CDP shows it has the hightest cost of 104.1 for the cost of grocery items grouping.
Maytown CDP 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 January 2010 to before the disasterous COVID-19 Pandemic the monthly unemployment rate went from 8.3% to 4.6% in March 2020. This represents a decrease in the monthly unemployment rate of 44.6%. Since that time, the monthly unemployment rate has gone to 3.4% This represents a decrease in the monthly unemployment rate of 26.1%.
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 depicts that from January 2010 to before the disasterous Covid-19 virus Pandemic the monthly labor force participation went from 1,996 to 1,699 in March 2020. This represents a decrease in the monthly labor force participation of 14.9%. Since that time, the monthly labor force participation has gone to 1,693 This represents a decrease in the monthly labor force participation of very little. Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Maytown CDP depicts it has a Labor Force Participation of 48.7% which is the third most participation rates of all other places in the greater Maytown CDP region.
Maytown CDP Kentucky Poverty Charts
Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Maytown CDP depicts it has a Gini Index of 17.2% which is the second smallest in terms of the gini index of all the other places in the local area.
Maytown CDP Kentucky Work Commute Charts
Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Maytown CDP or elsewhere.) Maytown CDP has the largest proportion of people who drove alone at 100% of the total and is ranked #1.
In Figure 35 is shown a frequency distribution of the time that people leave for work. Maytown CDP has the largest proportion of people who leave for work between 7am to 730am at 100% 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. Maytown CDP has the largest proportion of people with commute time between 5 to 9 minutes at 53% of the total and is ranked #1. Second, it has one of the largest proportions of people with commute time between 10 to 14 minutes at 47% of the total and is ranked #2. The only larger place being Betsy Layne CDP with 56%.
Figure 40 shows the total number of vehicles available for transportation and Maytown CDP has the largest proportion of 2 vehicles available at 100% of the total and is ranked #1.
Maytown CDP Kentucky Jobs Charts
The table in Figure 48, shows Maytown CDP employment data in terms of job categories and salary data.
Maytown 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. Maytown CDP shows it has the hightest entrepreneurs of 100% 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. Maytown CDP depicts it has the hightest entrepreneurs of 100% for the self employed in manufacturing group.
Cities marked with an asterisk ("*") should resemble a city or town but do not have their own government (i.e. Mayor, City Council, etc.) These places should be recognizable by the local community but their boundaries have no legal status. Technically these include both Census Designated Places (CDP) and Census County Divisions (CCD) which are defined by the Census Bureau along with local authorities. (For more information, see:
Census Designated Place or "CDP")
and Census County Division "CCD".)
For comparison purposes, the US national average and the state average value are provided. Additionally, the "Combined Statistical Area" or CSA is shown that is closest to the city, county, or zip code shown. A CSA is a large grouping of adjacent metropolitan areas that identified by the Census Bureau based on social and economic ties. (See: Combined Statistical Area)
Data sources - Mouse over icon in upper right corner of each chart for information.