West Buechel Kentucky Income Charts

This section shows the West Buechel Kentucky economy using the most recent economic analysis from the 2020 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, West Buechel depicts it has a Median earnings of $32,380 which is the second smallest as measured by median earnings per worker of all the other places in the local area. The city with the highest median earnings per worker in the area is Strathmoor Manor which depicts a median earnings of $85,250 (approximately 2.6 times bigger). Comparing median earnings per worker to the United States average of $49,041, West Buechel is approximately three-fourths the size. Also, benchmarked against the state of Kentucky, median earnings per worker of $43,234, West Buechel 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 $38,024 which is less than most other places in the metro area. The city with the highest median household income in the area is Strathmoor Manor which shows a median income of $128,750 (approximately 3.4 times bigger). Comparing median household income to the United States average of $62,843, West Buechel is approximately three-fourths the size. Also, versus the state of Kentucky, median household income of $50,589, West Buechel is approximately three-fourths the size.

The next section examines a variety of different income statistics for the West Buechel metropolitan area. In Figure 3 we see that it it has one of the largest proportions of earnings less than $10,000 at 8.8% of the total and is ranked #2. The only larger city being Watterson Park with 9.2%. Second, it has one of the largest proportions of earnings between $10,000 and $14,999 at 11.8% of the total and is ranked #3. Only #2 Watterson Park (13.8%), and #1 Poplar Hills (14.0%) are larger. Third, it has one of the largest proportions of earnings between $15,000 and $19,999 at 44.6% of the total and is ranked #3. Only #2 Watterson Park (45.1%), and #1 Poplar Hills (61.0%) are larger. Also, it has the second smallest in terms of median earnings of less than $10,000 of all the other places in the local area in order of earnings between $75,000 and $99,999 at 1.6% 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 37.8 which is the smallest in order of average hours of all the other places in the greater region. The city with the highest average hours in the area is Wellington which shows an average hours of 41.1 (8.7% 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 $16.47 which is the second smallest as measured by average hourly earnings of all the other places in the surrounding region. The city with the highest average hourly earnings in the area is Strathmoor Manor which depicts an average hourly earnings of $41.30 (approximately 2.5 times bigger). Comparing average hourly earnings to the United States average of $24.31, West Buechel is approximately three-fourths the size. Also, measured against the state of Kentucky, average hourly earnings of $21.32, West Buechel is approximately three-fourths the size.

Figure 7 examines the number of self employed people in the West Buechel metro area based on the number of people who reported any self employment income. West Buechel depicts it has a Self Employed of 9.4% which is in the mid range of other places in the local area. The city with the highest percentage of people self employed in the area is Strathmoor Manor which shows a percentage self employed of 14.5% (54.3% 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 $40,417 of the total. Second, it has less than most other places in the greater region when ranked by median income-25 to 44 years at $40,556 of the total. Third, it has less than most other places in the area when ranked by median income-45 to 64 years at $31,250 of the total.

Figure 9 breaks down the source of income and West Buechel has the largest proportion of social security at 2.5% 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 11.3% which is the second smallest when sorted by households with retirement income of all the other places in the surrounding region. The city with the highest households with retirement income in the area is Kingsley which depicts a households with retirement income of 26.8% (approximately 2.4 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 the second smallest in terms of overall family income of all the other places in the metropolitan area at $39,338 of the total. Second, it has one of the largest proportions of white family income at $57,935 of the total and is ranked #2. The only larger city being Watterson Park with $58,125.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. West Buechel shows it has the hightest cost of 99.1 for the cost of utilities classification.

West Buechel 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 Coronavirus Pandemic the monthly unemployment rate went from 10.9% to 4.3% in March 2020. This represents a decrease in the monthly unemployment rate of 60.6%. Since that time, the monthly unemployment rate has gone to 4.8% This represents an increase in the monthly unemployment rate of 11.6%. 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 Pandemic the monthly labor force participation went from 376,898 to 399,256 in March 2020. This represents an increase in the monthly labor force participation of 5.9%. Since that time, the monthly labor force participation has gone to 388,908 This represents a decrease in the monthly labor force participation of 2.6%.

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 West Buechel depicts it has a Unemployment Rate of 1.3% which is the smallest in terms of unemployment rate of all the other places in the local area. The city with the highest unemployment rate in the area is Poplar Hills which depicts a rate of 5.2% (approximately 3.9 times bigger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. West Buechel shows it has a Labor Force Participation of 70.9% which is in the mid range of other places in the local 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). West Buechel has the smallest proportion of employed at 1.3% of the total.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. West Buechel depicts full time employees approximately 2.5 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 West Buechel area. West Buechel depicts it has a Single Earner Families of 30.4% which is the third most families with a single earner of all other places in the greater West Buechel region. The city with the highest families with a single earner in the area is Watterson Park which shows a single earners rate of 37.7% (24.0% larger). The percentage of families with no one working is depicted in Figure 22. West Buechel shows it has a Families with No One Working of 11.8% which is less than most other places in the metro area. The city with the highest families with no one working in the area is Wellington which shows a families with no worker of 21.5% (about twice as large).

West Buechel Kentucky Poverty Charts

The next section details economy analysis about poverty for residents of the West Buechel 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. West Buechel shows it has a Total In Poverty of 233 which is the second most total people earning less than the poverty level of all the places in the greater West Buechel region. The city with the highest total people earning less than the poverty level in the area is Watterson Park which shows a total people earning less than the poverty level of 272 (16.7% larger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. West Buechel shows it has a Percent of Population In Poverty of 15.7% which is the third most of all other places in the metro area. The city with the highest percent of people earning less than the poverty level in the area is Poplar Hills which depicts a percent of people in poverty of 34.4% (about twice as large).

In Figure 25 people who are in poverty are broken out by age group. West Buechel has the percentage of person in poverty 12 to 17 years less than most other places in the greater region at 29% of the total. Second, it has in the mid point range of other places in the local area when sorted by person in poverty 18 to 34 years at 29% of the total. Third, it has the smallest proportion of person in poverty 55 to 64 years at 3% of the total.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. West Buechel has the largest proportion of american indian poverty rate at 28% of the total and is ranked #1. Second, it has one of the largest proportions of hawaiian poverty rate at 28% of the total and is ranked #3. Only #2 Watterson Park (42%), and #1 Poplar Hills (48%) are larger.

Figure 27 shows key poverty statistics for groups based on marriage status. West Buechel has one of the largest proportions of married with children and in poverty at 20% of the total and is ranked #2. The only larger city being Poplar Hills with 68%. Second, it has one of the largest proportions of unmarried with children and in poverty at 34% of the total and is ranked #2. The only larger city being Poplar Hills with 68%.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. West Buechel has the percentage of less than highschool in poverty less than most other places in the metro area at 12% 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.) West Buechel indicates it has a Public Assistance Percent of 16.8% which is the second most households with public assistance of all the places in the greater West Buechel region. The city with the highest households with public assistance in the area is Watterson Park which depicts a households with public assistance of 24.9% (48.7% larger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). West Buechel depicts it has a Gini Index of 39.1% which is less than most other places in the local area.

West Buechel 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 West Buechel 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.) West Buechel has the largest proportion of people who drive a car or motorcycle to work at 5% 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 West Buechel or elsewhere.) West Buechel has the smallest proportion of people who drove alone at 76% of the total. Second, it has the largest proportion of people who take the bus at 5% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. West Buechel has one of the largest proportions of people who leave for work between 12am to 5am at 4% of the total and is ranked #2. The only larger city being Poplar Hills with 11%. Second, it has the largest proportion of people who leave for work between 530 am to 6am at 13% of the total and is ranked #1. Third, it has the smallest proportion of people who leave for work between 8am to 830am at 3% of the total. Also, it has the smallest proportion of people who leave for work between 830 am to 9am at 1% of the total. In addition, it has the largest proportion of people who leave for work between 9am to 10am at 5% of the total and is ranked #1. Furthermore, it has the largest proportion of people who leave for work between 10am to 11am at 3% of the total and is ranked #1. Next it has the largest proportion of people who leave for work between 12noon to 4pm at 14% 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. West Buechel has one of the largest proportions of people with commute time of less than 5 minutesutes at 13% of the total and is ranked #2. The only larger city being Poplar Hills with 19%. Second, it has the largest proportion of people with commute time between 5 to 9 minutes at 20% of the total and is ranked #1. Third, it has the smallest proportion of people with commute time between 15 to 19 minutes at 18% of the total. Also, it has the largest proportion of people with commute time between 30 to 34 minutes at 3% of the total and is ranked #1.

The average commute time is shown in Figure 37. West Buechel depicts it has a Avg Commute Time of 19 which is the smallest in order of average commute time of all the other places in the metro area. Figure 38 shows the difference between male versus female commuting time. West Buechel depicts average commute time in minutes for men about the same size as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and West Buechel has one of the largest proportions of no vehicle available at 41% of the total and is ranked #2. The only larger city being Poplar Hills with 73%. Second, it has the second smallest when ranked by no vehicle available of all the other places in the metro area as measured by 1 vehicle available at 44% of the total. Third, it has the second smallest in terms of no vehicle available of all the other places in the greater region when ranked by 2 vehicles available at 1% of the total. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) West Buechel depicts it has a Work in city or place where live of 6% which is the second smallest as measured by people who both work and live in the same city of all the other places in the metropolitan area. The city with the highest people who both work and live in the same city in the area is Strathmoor Village which indicates a people who both work and live in the same city of 13% (about twice as large). Comparing people who both work and live in the same city to the United States average of 42%, West Buechel is approximately a sixth the size. Also, measured against the state of Kentucky, people who both work and live in the same city of 52%, West Buechel is approximately a tenth the size.

West Buechel 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. West Buechel shows it has the hightest median earnings of $66,528 for the earnings-computer, engineering, and science occupations group. Similarly, Figure 47 shows the median earnings of women for the job categories and West Buechel shows it has the hightest median earnings of $33,409 for the earnings-production, transportation, material moving occupations aggregate. The table in Figure 48, shows West Buechel employment data in terms of job categories and salary data.

West Buechel Kentucky Self Employment Charts

In Figure 51 the average annual self employment/entrepreneur income is shown. West Buechel shows it has a Self Employment Income of $10,500 which is the second smallest as measured by average annual self employment income of all the other places in the greater region. The city with the highest average annual self employment income in the area is Wellington which shows an average annual self employment income of $89,138 ( markedly bigger). Comparing average annual self employment income to the United States average of $39,154, West Buechel is approximately a quarter the size. Also, benchmarked against the state of Kentucky, average annual self employment income of $32,419, West Buechel 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.) West Buechel shows total number of self-employed men 20.0% larger as the total number of self-employed women.