Violet CDP Louisiana Income Charts

This section shows the Violet CDP Louisiana economy using the most recent economic analysis from the 2022 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Violet CDP indicates it has a Median earnings of $38,466 which is the second smallest in terms of median earnings per worker of all the other places in the local area. The place with the highest median earnings per worker in the area is Arabi CDP which depicts a median earnings of $56,027 (45.7% larger). Comparing median earnings per worker to the United States average of $53,269, Violet CDP is approximately three-fourths the size. Also, measured against the state of Louisiana, median earnings per worker of $47,455, Violet CDP is about 23.4% 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 $54,250 which is the third most median income of all other places in the greater Violet CDP region. The place with the highest median household income in the area is Belle Chasse CDP which depicts a median income of $80,799 (48.9% larger). Comparing median household income to the United States average of $69,021, Violet CDP is approximately three-fourths the size. Also, compared to the state of Louisiana, median household income of $53,571, Violet CDP is only slightly larger.

The next section examines a variety of different income statistics for the Violet CDP metropolitan area. In Figure 3 we see that it it has the largest proportion of earnings less than $10,000 at 15.4% 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 40.6 which is in the center range of other places in the metro area. The place with the highest average hours in the area is Poydras CDP which shows an average hours of 42.8 (only about 5.4% 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 $18.22 which is the second smallest when ranked by average hourly earnings of all the other places in the greater region. The place with the highest average hourly earnings in the area is Arabi CDP which depicts an average hourly earnings of $25.90 (42.2% larger). Comparing average hourly earnings to the United States average of $26.40, Violet CDP is approximately three-fourths the size. Also, measured against the state of Louisiana, average hourly earnings of $22.99, Violet CDP is approximately three-fourths the size.

Figure 7 examines the number of self employed people in the Violet CDP metro area based on the number of people who reported any self employment income. Violet CDP depicts it has a Self Employed of 10.7% which is the third most people self employed of all other places in the greater Violet CDP region. The place with the highest percentage of people self employed in the area is Meraux CDP which shows a percentage self employed of 21.8% (about twice as large).

Turning our attention to Figure 8, the median household income by age group, has the percentage of median income-under 25 years in the center range of other places in the local area at $63,750 of the total. Second, it has in the middle range of other places in the greater region in terms of median income-25 to 44 years at $56,250 of the total. Third, it has in the mid range of other places in the local area in terms of median income-45 to 64 years at $33,214 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 16.3% which is the third most households with retirement income of all other places in the greater Violet CDP region. The place with the highest households with retirement income in the area is Belle Chasse CDP which depicts a households with retirement income of 21.8% (33.7% larger).

In the next chart, Figure 12, the median family income is shown for families broken down by racial group and it has one of the largest proportions of overall family income at $82,847 of the total and is ranked #3. Only #2 Belle Chasse CDP ($92,444), and #1 Meraux CDP ($94,853) are larger. Second, it has in the mid point range of other places in the greater region in terms of white family income at $57,234 of the total. Third, it has one of the largest proportions of hawaiian family income at $77,188 of the total and is ranked #2. The only larger place being Belle Chasse CDP with $153,833.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Violet CDP shows it has the hightest cost of 99.4 for the cost of miscellaneous items grouping.

Violet 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 Coronavirus Pandemic the monthly unemployment rate went from 7.5% to 4.2% in February 2020. This represents a decrease in the monthly unemployment rate of 44.0%. Since that time, the monthly unemployment rate has gone to 5.5% This represents an increase in the monthly unemployment rate of 31.0%. 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 Coronavirus Pandemic the monthly labor force participation went from 158,513 to 179,413 in March 2020. This represents an increase in the monthly labor force participation of 13.2%. Since that time, the monthly labor force participation has gone to 182,799 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 Violet CDP shows it has a Unemployment Rate of 5.8% which is the third most unemployment rate of all other places in the greater Violet CDP region. The place with the highest unemployment rate in the area is Arabi CDP which depicts a rate of 7.6% (31.3% larger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Violet CDP depicts it has a Labor Force Participation of 57.8% which is the second smallest as measured by participation rate of all the other places in the area.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Violet CDP depicts full time employees substantially 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 Violet CDP area. Violet CDP indicates it has a Single Earner Families of 32.1% which is the third most families with a single earner of all other places in the greater Violet CDP region. The place with the highest families with a single earner in the area is Arabi CDP which shows a single earners rate of 43.9% (36.6% larger). The percentage of families with no one working is depicted in Figure 22. Violet CDP depicts it has a Families with No One Working of 21.8% which is the second most families with no one working of all the places in the greater Violet CDP region. The place with the highest families with no one working in the area is Poydras CDP which depicts a families with no worker of 36.3% (66.9% larger).

Violet CDP Louisiana Poverty Charts

The next section details economy analysis about poverty for residents of the Violet 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. Violet CDP shows it has a Total In Poverty of 1,127 which is in the mid range of other places in the metro area. The place with the highest total people earning less than the poverty level in the area is Chalmette CDP which depicts a total people earning less than the poverty level of 5,252 (approximately 4.7 times bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Violet CDP indicates it has a Percent of Population In Poverty of 21.2% which is the third most of all other places in the greater region. The place with the highest percent of people earning less than the poverty level in the area is Poydras CDP which shows a percent of people in poverty of 31.7% (49.5% larger).

In Figure 25 people who are in poverty are broken out by age group. Violet CDP has the largest proportion of person in poverty 12 to 17 years at 27% of the total and is ranked #1. Second, it has the smallest proportion of person in poverty 18 to 34 years at 13% of the total.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Violet CDP has the smallest proportion of hawaiian poverty rate at 10% of the total.

Figure 27 shows key poverty statistics for groups based on marriage status. Violet CDP has the percentage of married with children and in poverty the second smallest in terms of married with children and in poverty of all the other places in the greater region at 38% of the total. Second, it has less than most other places in the area when ranked by unmarried with children and in poverty at 44% of the total.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Violet CDP has the percentage of less than highschool in poverty less than most other places in the metro area at 13% 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.) Violet CDP depicts it has a Public Assistance Percent of 31.9% which is more than all other places in the greater Violet CDP region.

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Violet CDP depicts it has a Gini Index of 43.1% which is the third most of all other places in the metropolitan area.

Violet 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 Violet 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.) Violet CDP has the largest proportion of people who bicycle or walk to work at 8% 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 Violet CDP or elsewhere.) Violet CDP has the smallest proportion of people who carpooled at 6% of the total. Second, it has the largest proportion of people who take the Long-distance train or commuter rail at 1% of the total and is ranked #1. Third, it has the largest proportion of people who work from home at 8% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Violet CDP has the smallest proportion of people who leave for work between 6am to 630am at 5% of the total. Second, it has the smallest proportion of people who leave for work between 9am to 10am at 1% of the total.

The next graph in Figure 36 shows the average number of minutes that it takes for people to commute to work. Violet CDP has the smallest proportion of people with commute time of less than 5 minutesutes at 3% of the total. Second, it has the largest proportion of people with commute time between 5 to 9 minutes at 17% of the total and is ranked #1. Third, it has the smallest proportion of people with commute time between 25 to 29 minutes at 5% of the total. Also, it has the smallest proportion of people with commute time between 30 to 34 minutes at 1% of the total. In addition, it has the largest proportion of people with commute time between 35 to 39 minutes at 11% of the total and is ranked #1. Furthermore, it has one of the largest proportions of people with commute time between 60 to 89 minutes at 8% of the total and is ranked #2. The only larger place being Poydras CDP with 12%.

The average commute time is shown in Figure 37. Violet CDP indicates it has a Avg Commute Time of 33 which is the second most of all the places in the area. Figure 38 shows the difference between male versus female commuting time. Violet CDP depicts average commute time in minutes for men 43.0% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Violet CDP has the percentage of no vehicle available the second smallest when sorted by no vehicle available of all the other places in the greater region at 21% of the total. Second, it has one of the largest proportions of 1 vehicle available at 46% of the total and is ranked #3. Only #2 Poydras CDP (46%), and #1 Belle Chasse CDP (46%) are larger. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Violet CDP depicts it has a Work in city or place where live of 11% 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 local area. The place with the highest people who both work and live in the same city in the area is Chalmette CDP which depicts a people who both work and live in the same city of 30% (approximately 2.7 times bigger). Comparing people who both work and live in the same city to the United States average of 44%, Violet CDP is approximately a quarter the size. Also, measured against the state of Louisiana, people who both work and live in the same city of 45%, Violet CDP is approximately a quarter the size.

Violet 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. Violet CDP shows it has the hightest median earnings of $79,271 for the earnings-computer, engineering, and science occupations group. Similarly, Figure 47 shows the median earnings of women for the job categories and Violet CDP shows it has the hightest median earnings of $55,357 for the management, business, and financial occupations classification. The table in Figure 48, shows Violet CDP employment data in terms of job categories and salary data.

Violet CDP Louisiana Self Employment Charts

In Figure 51 the average annual self employment/entrepreneur income is shown. Violet CDP depicts it has a Self Employment Income of $31,280 which is the third most average annual self employment income of all other places in the greater Violet CDP region. The place with the highest average annual self employment income in the area is Belle Chasse CDP which depicts an average annual self employment income of $40,381 (29.1% larger). Comparing average annual self employment income to the United States average of $42,141, Violet CDP is approximately three-fourths the size. Also, in comparison with the state of Louisiana, average annual self employment income of $39,631, Violet CDP 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.) Violet CDP shows total number of self-employed men 32.9% larger as the total number of self-employed women.