Milton CDP Louisiana Income Charts

This section shows the Milton CDP Louisiana economy using the most recent economic analysis from the 2019 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Milton CDP shows it has a median earnings per worker of $50,625 which is the second most of all the places in the metro area. The place with the highest median earnings per worker in the area is Youngsville which depicts a median earnings of $54,761 (8.2% larger). Comparing median earnings per worker to the United States average of $47,712, Milton CDP is 6.1% larger. Also, in comparison with the state of Louisiana, median earnings per worker of $42,397, Milton CDP is 19.4% 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 $83,977 which is the second most of all the places in the greater region. The place with the highest median household income in the area is Youngsville which shows a median income of $86,637 (only about 3.2% larger). Comparing median household income to the United States average of $60,293, Milton CDP is 39.3% larger. Also, benchmarked against the state of Louisiana, median household income of $47,942, Milton CDP is 75.2% larger.

The next section examines a variety of different income statistics for the Milton CDP metropolitan area. In Figure 3 we see that it it has one of the largest proportions of earnings less than $10,000 at 21.3% of the total and is ranked #2. The only larger place being Abbeville with 22.7%. Second, it has the smallest proportion of earnings between $10,000 and $14,999 at 2.1% of the total. Third, it has the smallest proportion of earnings between $15,000 and $19,999 at 2.6% of the total. Also, it has less than most other places in the metro area as measured by earnings of $100,000 more at 8.7% of the total.

Figure 5 has the Average number of hours worked in a typical work week during the year, it has an average hours of 36.8 which is the smallest in terms of average hours of all the other places in the local area. The place with the highest average hours in the area is Maurice which depicts an average hours of 43.7 (18.8% 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 $26.46 which is more than all other places in the greater region. Comparing average hourly earnings to the United States average of $23.71, Milton CDP is 11.6% larger. Also, measured against the state of Louisiana, average hourly earnings of $20.49, Milton CDP is 29.1% 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 shows it has a percentage of people self employed of 17.4% which is the second most people self employed of all the places in the greater Milton CDP region. The place with the highest percentage of people self employed in the area is Youngsville which shows a percentage self employed of 21.9% (25.8% larger).

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 $90,781 of the total and is ranked #2. The only larger place being Youngsville with $97,609. Second, it has the largest proportion of median income-45 to 64 years at $83,588 of the total and is ranked #1. Third, it has one of the largest proportions of median income-65 years and over at $42,396 of the total and is ranked #3. Only #2 Youngsville ($50,163), and #1 Maurice ($51,875) are larger.

Figure 9 breaks down the source of income and Milton CDP has the largest proportion of self employment income at 7.6% 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 households with retirement income of 12.7% which is less than most other places in the greater region. The place with the highest households with retirement income in the area is Maurice which shows a households with retirement income of 18.5% (45.6% 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 $90,594 of the total and is ranked #1. Second, it has in the mid range of other places in the local area in terms of white family income at $88,229 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. Milton CDP depicts it has the hightest cost of 104.0 for the cost of transportation category.

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 shows that from February 2010 to before the disasterous Covid-19 virus Pandemic the monthly unemployment rate went from 5.6% to 4.6% in December 2019. This represents a decrease in the monthly unemployment rate of 17.9%. Since that time, the monthly unemployment rate has gone to 4.6% 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 depicts that from January 2010 to before the Wuhan virus Pandemic the monthly labor force participation went from 60,782 to 59,871 in November 2019. This represents a decrease in the monthly labor force participation of very little. Since that time, the monthly labor force participation has gone to 59,871 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 Milton CDP depicts it has an unemployment rate of 1.6% which is the smallest in terms of unemployment rate of all the other places in the greater region. The place with the highest unemployment rate in the area is Abbeville which depicts a rate of 6.5% (approximately 4.1 times 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 participation rate of 78.4% 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 largest proportion of employed at 76.8% of the total and is ranked #1. Second, it has the smallest proportion of unemployed at 1.6% of the total. Third, it has the smallest proportion of not in labor force at 21.6% of the total.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Milton CDP shows full time employees 3 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 shows it has a families with a single earner of 15.7% which is the smallest as measured by families with a single earner of all the other places in the surrounding region. The place with the highest families with a single earner in the area is Abbeville which depicts a single earners rate of 50.5% (approximately 3.2 times bigger). The percentage of families with no one working is depicted in Figure 22. Milton CDP shows it has a families with no one working of 10.3% which is less than most other places in the local area. The place with the highest families with no one working in the area is Abbeville which shows a families with no worker of 17.8% (73.2% larger).

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 depicts it has a total people earning less than the poverty level of 223 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 shows a total people earning less than the poverty level of 23,629 ( quite a bit 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 shows it has a percent of people earning less than the poverty level of 9.6% which is the third most percent of people earning less than the poverty level of all other places in the greater Milton CDP region. 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 31.0% (approximately 3.2 times bigger).

In Figure 25 people who are in poverty are broken out by age group. Milton CDP has the smallest proportion of person in poverty under 12 years at 6% of the total. Second, it has the largest proportion of person in poverty 18 to 34 years at 46% of the total and is ranked #1. Third, it has one of the largest proportions of person in poverty 35 to 54 years at 33% of the total and is ranked #2. The only larger place being Youngsville with 35%.

Figure 27 shows key poverty statistics for groups based on marriage status. Milton CDP has the largest proportion of unmarried female with children and in poverty at 70% of the total and is ranked #1. 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 smallest proportion of people who are in poverty and not in labor force at 4.9% 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 households with public assistance of 10.0% which is in the center range of other places in the local area. The place with the highest households with public assistance in the area is Abbeville which depicts a households with public assistance of 26.3% (approximately 2.6 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 the gini index of 35.4% which is the smallest in order of the gini index of all the other places in the metro area.

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 work at home 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 90% of the total and is ranked #1. Second, it has the smallest proportion of people who carpooled at 2% of the total. Third, it has the largest proportion of people who work at 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 smallest proportion of people who leave for work between 12am to 5am at 3% of the total. Second, it has the smallest proportion of people who leave for work between 530 am to 6am at 3% of the total. Third, it has the largest proportion of people who leave for work between 630 am to 7am at 21% of the total and is ranked #1. Also, it has the largest proportion of people who leave for work between 11am to 12noon at 3% of the total and is ranked #1. In addition, it has the largest proportion of people who leave for work between 12noon to 4pm at 9% 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 1% of the total. Second, it has the smallest proportion of people with commute time between 5 to 9 minutes at 6% of the total. Third, it has the smallest proportion of people with commute time between 10 to 14 minutes at 4% of the total. Also, it has the largest proportion of people with commute time between 30 to 34 minutes at 25% of the total and is ranked #1. In addition, it has the largest proportion of people with commute time between 40 to 44 minutes at 8% of the total and is ranked #1. Furthermore, it has the largest proportion of people with commute time between 45 to 59 minutes at 5% of the total and is ranked #1. Next it has the smallest proportion of people with commute time of 90 or more minutesutes at 1% of the total.

The average commute time is shown in Figure 37. Milton CDP depicts it has an average commute time of 27 which is in the center range of other places in the greater region. Figure 38 shows the difference between male versus female commuting time. Milton CDP shows average commute time in minutes for men 12.5% larger 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 1 vehicle available at 12% of the total. Second, it has one of the largest proportions of 3 vehicles available at 24% of the total and is ranked #2. The only larger place being Broussard with 28%. Third, it has one of the largest proportions of 4 vehicles available at 8% of the total and is ranked #2. The only larger place being Youngsville with 13%. Also, it has the largest proportion of 5 or more 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 people who both work and live in the same city of 8% which is the smallest when sorted by people who both work and live in the same city of all the other places in the greater region. The place with the highest people who both work and live in the same city in the area is Lafayette which shows a people who both work and live in the same city of 77% ( very much bigger). Comparing people who both work and live in the same city to the United States average of 42%, Milton CDP is approximately a fifth 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 a sixth 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 $110,583 for the management, business, and financial occupations grouping. Similarly, Figure 47 shows the median earnings of women for the job categories and Milton CDP depicts it has the hightest median earnings of $61,215 for the earnings-sales and office occupations aggregate. 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 category.

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 shows it has the hightest entrepreneurs of 46% for the self employed in professional, scientific, management, administrative services classification.

In Figure 51 the average annual self employment/entrepreneur income is shown. Milton CDP depicts it has an average annual self employment income of $39,460 which is more than all other places in the greater Milton CDP region. Comparing average annual self employment income to the United States average of $37,819, Milton CDP is only about 4.3% larger. Also, compared with the state of Louisiana, average annual self employment income of $36,403, Milton CDP is 8.4% larger.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Milton CDP depicts total number of self-employed men 42.5% larger as the total number of self-employed women.