Milton CDP Louisiana Income Charts

This section shows the Milton CDP Louisiana economy using the most recent economic analysis from the 2020 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Milton CDP shows it has a Median earnings of $57,852 which is the largest of all places in the greater Milton CDP region. Comparing median earnings per worker to the United States average of $49,041, Milton CDP is 18.0% larger. Also, compared with the state of Louisiana, median earnings per worker of $44,013, Milton CDP is 31.4% larger.

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 $91,786 which is the highest of all places in the greater Milton CDP region. Comparing median household income to the United States average of $62,843, Milton CDP is 46.1% larger. Also, measured against the state of Louisiana, median household income of $49,469, Milton CDP is about twice as large.

The next section examines a variety of different income statistics for the Milton CDP 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 area at 5.0% of the total. Second, it has the smallest proportion of earnings between $10,000 and $14,999 at 1.7% of the total. Third, it has the largest proportion of earnings between $15,000 and $19,999 at 33.8% of the total and is ranked #1. Also, it has the largest proportion of earnings between $75,000 and $99,999 at 14.3% 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 a Avg Hours Worked of 37.9 which is the second smallest in terms of average hours of all the other places in the metro area. The place with the highest average hours in the area is Maurice which depicts an average hours of 43.8 (15.6% 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 $29.35 which is ranked #1 of all places in the local area. Comparing average hourly earnings to the United States average of $24.31, Milton CDP is 20.8% larger. Also, benchmarked against the state of Louisiana, average hourly earnings of $21.32, Milton CDP is 37.7% larger.

Figure 7 examines the number of self employed people in the Milton CDP metro area based on the number of people who reported any self employment income. Milton CDP depicts it has a Self Employed of 21.1% which is ranked #1 of all places in the metro area.

Turning our attention to Figure 8, the median household income by age group, it has the largest proportion of median income-under 25 years at $106,250 of the total and is ranked #1. Second, it has one of the largest proportions of median income-25 to 44 years at $87,456 of the total and is ranked #2. The only larger place being Broussard with $88,984. Third, it has one of the largest proportions of median income-45 to 64 years at $42,292 of the total and is ranked #2. The only larger place being Maurice with $51,250.

Figure 9 breaks down the source of income and Milton CDP has the largest proportion of income from wages at 8.0% of the total and is ranked #1. Second, it has the smallest proportion of self employment income at 5.7% of the total. Third, it has the smallest proportion of investment and retirement income at 2.4% 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 With Retirement Income of 10.3% which is the smallest when sorted by households with retirement income of all the other places in the area. The place with the highest households with retirement income in the area is Maurice which depicts a households with retirement income of 17.8% (73.9% larger).

In the next chart, Figure 12, the median family income is shown for families broken down by racial group and it has the largest proportion of overall family income at $111,053 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. Milton CDP shows it has the hightest cost of 104.0 for the cost of transportation grouping.

Milton CDP Louisiana 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 5.6% to 4.0% in February 2020. This represents a decrease in the monthly unemployment rate of 28.6%. Since that time, the monthly unemployment rate has gone to 8.0% This represents an increase in the monthly unemployment rate of 100.0%. 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 February 2010 to before the disasterous COVID Pandemic the monthly labor force participation went from 60,706 to 58,988 in February 2020. This represents a decrease in the monthly labor force participation of 2.8%. Since that time, the monthly labor force participation has gone to 60,457 This represents an increase in the monthly labor force participation of 2.5%.

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 Milton CDP depicts it has a Unemployment Rate of 1.0% which is the smallest when ranked by unemployment rate of all the other places in the area. The place with the highest unemployment rate in the area is Abbeville which shows a rate of 6.8% ( appreciably bigger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Milton CDP depicts it has a Labor Force Participation of 83.7% which is the largest of all places in the greater Milton CDP 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). Milton CDP has the smallest proportion of employed at 1.0% of the total. Second, it has the smallest proportion of unemployed at 16.3% of the total.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Milton CDP depicts full time employees approximately 2.9 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 Milton CDP area. Milton CDP depicts it has a Single Earner Families of 6.9% which is the smallest when sorted by families with a single earner of all the other places in the area. The place with the highest families with a single earner in the area is Abbeville which depicts a single earners rate of 52.1% ( markedly bigger). The percentage of families with no one working is depicted in Figure 22. Milton CDP depicts it has a Families with No One Working of 5.3% which is the smallest when ranked by families with no one working of all the other places in the greater region. The place with the highest families with no one working in the area is Abbeville which indicates a families with no worker of 16.9% (approximately 3.2 times bigger).

Milton CDP Louisiana Poverty Charts

The next section details economy analysis about poverty for residents of the Milton CDP 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. Milton CDP shows it has a Total In Poverty of 193 which is the second smallest in terms of total people earning less than the poverty level of all the 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 depicts a total people earning less than the poverty level of 24,026 ( very much bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Milton CDP depicts it has a Percent of Population In Poverty of 8.4% which is the second smallest in order of percent of people earning less than the poverty level of all the other places in the metro area. The place with the highest percent of people earning less than the poverty level in the area is Abbeville which depicts a percent of people in poverty of 30.4% (approximately 3.6 times bigger).

In Figure 25 people who are in poverty are broken out by age group. Milton CDP has the largest proportion of person in poverty 18 to 34 years at 44% of the total and is ranked #1. Second, it has the largest proportion of person in poverty 55 to 64 years at 19% of the total and is ranked #1.

Figure 27 shows key poverty statistics for groups based on marriage status. Milton CDP has the largest proportion of unmarried with children and in poverty at 100% 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. Milton CDP has one of the largest proportions of highschool graduate and in poverty at 17% of the total and is ranked #2. The only larger place being Abbeville with 21%. Figure 29 looks at only those people who make less than the poverty level of income and breaks down there employment status. Milton CDP has the largest proportion of people who are in poverty and employed at 7.3% of the total and is ranked #1. Second, it has the second smallest in terms of people who are in poverty and employed of all the other places in the greater region when sorted by people who are in poverty and unemployed at 6.2% 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.) Milton CDP shows it has a Public Assistance Percent of 5.7% which is the second smallest in terms of households with public assistance of all the other places in the greater region. The place with the highest households with public assistance in the area is Abbeville which depicts a households with public assistance of 22.3% (approximately 3.9 times bigger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Milton CDP shows it has a Gini Index of 33.4% which is the smallest when ranked by the gini index of all the other places in the greater region.

Milton CDP Louisiana 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 Milton CDP 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.) Milton CDP has the largest proportion of people who bicycle or walk 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 Milton CDP or elsewhere.) Milton CDP has the largest proportion of people who drove alone at 92% of the total and is ranked #1. Second, it has the smallest proportion of people who carpooled at 1% of the total. Third, it has the largest proportion of people who work from home 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. Milton CDP has the percentage of people who leave for work between 12am to 5am less than most other places in the area at 3% of the total. Second, it has the largest proportion of people who leave for work between 530 am to 6am at 12% of the total and is ranked #1. Third, it has the largest proportion of people who leave for work between 6am to 630am at 18% of the total and is ranked #1. Also, it has the smallest proportion of people who leave for work between 730 am to 8am at 6% of the total. In addition, it has the smallest proportion of people who leave for work between 830 am to 9am at 2% of the total. Furthermore, it has the largest proportion of people who leave for work between 11am to 12noon at 8% 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. Milton CDP has the smallest proportion of people with commute time of less than 5 minutesutes at 4% of the total. Second, it has less than most other places in the metropolitan area in order of people with commute time between 5 to 9 minutes at 8% of the total. Third, it has the second smallest when sorted by people with commute time of less than 5 minutes of all the other places in the greater region when ranked by people with commute time between 10 to 14 minutes at 14% of the total. Also, it has the largest proportion of people with commute time between 15 to 19 minutes at 28% of the total and is ranked #1. In addition, it has the largest proportion of people with commute time between 35 to 39 minutes at 9% of the total and is ranked #1.

The average commute time is shown in Figure 37. Milton CDP shows it has a Avg Commute Time of 25 which is the second smallest in order of average commute time of all the other places in the local area. Figure 38 shows the difference between male versus female commuting time. Milton CDP depicts average commute time in minutes for men about 16.0% smaller as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Milton CDP has the smallest proportion of no vehicle available at 9% of the total. Second, it has the second smallest when sorted by no vehicle available of all the other places in the greater region in terms of 1 vehicle available at 43% of the total. Third, it has the largest proportion of 2 vehicles available at 25% of the total and is ranked #1. Also, it has the largest proportion of 3 vehicles available at 18% of the total and is ranked #1. In addition, it has the largest proportion of 4 vehicles available at 5% 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.) Milton CDP depicts it has a Work in city or place where live of 6% which is the smallest in order of people who both work and live in the same city of all the 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 Lafayette which depicts a people who both work and live in the same city of 78% ( markedly bigger). Comparing people who both work and live in the same city to the United States average of 42%, Milton CDP is approximately a sixth the size. Also, in comparison with the state of Louisiana, people who both work and live in the same city of 45%, Milton CDP is approximately an eigth the size.

Milton CDP Louisiana 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. Milton CDP shows it has the hightest median earnings of $114,583 for the management, business, and financial occupations classification. Similarly, Figure 47 shows the median earnings of women for the job categories and Milton CDP depicts it has the hightest median earnings of $63,542 for the earnings-sales and office occupations category. The table in Figure 48, shows Milton CDP employment data in terms of job categories and salary data.

Milton CDP Louisiana 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. Milton CDP shows it has the hightest entrepreneurs of 89% for the self employed management, business, science, and arts 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. Milton CDP depicts it has the hightest entrepreneurs of 43% for the self employed in professional, scientific, management, administrative services aggregate.

In Figure 51 the average annual self employment/entrepreneur income is shown. Milton CDP depicts it has a Self Employment Income of $39,655 which is the most of all places in the greater Milton CDP region. Comparing average annual self employment income to the United States average of $39,154, Milton CDP is only slightly larger. Also, in comparison with the state of Louisiana, average annual self employment income of $37,722, Milton CDP is only about 5.1% larger.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Milton CDP shows total number of self-employed men 35.6% larger as the total number of self-employed women.