Barton Hills Michigan Income Charts

This section shows the Barton Hills Michigan economy using the most recent economic analysis from the 2020 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Barton Hills shows it has a Median earnings of $205,625 which is ranked #1 of all places in the greater Barton Hills region. Comparing median earnings per worker to the United States average of $49,041, Barton Hills is approximately 4.2 times bigger. Also, measured against the state of Michigan, median earnings per worker of $48,618, Barton Hills is approximately 4.2 times bigger.

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 $227,500 which is more than all other places in the greater Barton Hills region. Comparing median household income to the United States average of $62,843, Barton Hills is approximately 3.6 times bigger. Also, measured against the state of Michigan, median household income of $57,144, Barton Hills is approximately 4.0 times bigger.

The next section examines a variety of different income statistics for the Barton Hills metropolitan area. In Figure 3 we see that it has the smallest proportion of earnings less than $10,000 at 2.3% of the total. Second, it has the smallest proportion of earnings between $15,000 and $19,999 at 7.3% of the total. Third, it has the smallest proportion of earnings between $20,000 and $49,999 at 8.5% of the total. Also, it has the largest proportion of earnings between $75,000 and $99,999 at 62.7% 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 43.6 which is the largest of all places in the greater Barton Hills region. 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 $90.70 which is the most of all places in the greater Barton Hills region. Comparing average hourly earnings to the United States average of $24.31, Barton Hills is approximately 3.7 times bigger. Also, benchmarked against the state of Michigan, average hourly earnings of $24.48, Barton Hills is approximately 3.7 times bigger.

Figure 7 examines the number of self employed people in the Barton Hills metro area based on the number of people who reported any self employment income. Barton Hills shows it has a Self Employed of 20.8% which is at the top of all other places in the greater Barton Hills region.

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 $250,001 of the total and is ranked #1. Second, it has the largest proportion of median income-25 to 44 years at $235,625 of the total and is ranked #1. Third, it has the largest proportion of median income-45 to 64 years at $179,375 of the total and is ranked #1.

Figure 9 breaks down the source of income and Barton Hills has the largest proportion of income from wages at 11.4% of the total and is ranked #1. Second, it has the largest proportion of self employment income at 17.8% of the total and is ranked #1. Third, it has the smallest proportion of investment and retirement income at 3.7% 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 20.8% which is in the mid range of other places in the surrounding region. The city with the highest households with retirement income in the area is Saline which shows a households with retirement income of 25.6% (22.7% 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 $250,001 of the total and is ranked #1. Second, it has the largest proportion of american indian family income at $240,000 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. Barton Hills depicts it has the hightest cost of 396.4 for the cost of housing grouping.

Barton Hills Michigan 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 7.0% to 1.8% in February 2020. This represents a decrease in the monthly unemployment rate of 74.3%. Since that time, the monthly unemployment rate has gone to 2.9% This represents an increase in the monthly unemployment rate of 61.1%. 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 February 2010 to before the Coronavirus Pandemic the monthly labor force participation went from 61,243 to 67,915 in February 2020. This represents an increase in the monthly labor force participation of 10.9%. Since that time, the monthly labor force participation has gone to 66,807 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. Barton Hills depicts it has a Labor Force Participation of 57.1% which is the smallest in order of participation rate of all the other places in the metro 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). Barton Hills has the largest proportion of unemployed at 42.9% of the total and is ranked #1.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Barton Hills shows full time employees very much 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 Barton Hills area. Barton Hills depicts it has a Single Earner Families of 36.7% which is the highest of all places in the greater region. The percentage of families with no one working is depicted in Figure 22. Barton Hills shows it has a Families with No One Working of 15.3% which is the third most families with no one working of all other places in the greater Barton Hills region. The city with the highest families with no one working in the area is Saline which depicts a families with no worker of 19.7% (29.0% larger).

Barton Hills Michigan Poverty Charts

The next section details economy analysis about poverty for residents of the Barton Hills 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. Barton Hills depicts it has a Total In Poverty of 7 which is the smallest in terms of total people earning less than the poverty level of all the other places in the metro area. The city with the highest total people earning less than the poverty level in the area is Ann Arbor which depicts a total people earning less than the poverty level of 24,213 ( substantially bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Barton Hills shows it has a Percent of Population In Poverty of 2.0% which is the smallest when ranked by percent of people earning less than the poverty level of all the other places in the local area. The city with the highest percent of people earning less than the poverty level in the area is Ypsilanti which shows a percent of people in poverty of 31.6% ( considerably bigger).

In Figure 25 people who are in poverty are broken out by age group. Barton Hills has the largest proportion of person in poverty under 12 years at 29% of the total and is ranked #1. Second, it has the largest proportion of person in poverty 35 to 54 years at 71% 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. Barton Hills has one of the largest proportions of highschool graduate and in poverty at 19% of the total and is ranked #2. The only larger city being Ypsilanti with 26%. 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.) Barton Hills shows it has a Public Assistance Percent of 3.5% which is the smallest when ranked by households with public assistance of all the other places in the local area. The city with the highest households with public assistance in the area is Ypsilanti which shows a households with public assistance of 19.8% ( very much bigger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Barton Hills shows it has a Gini Index of 51.9% which is the largest of all places in the greater Barton Hills region.

Barton Hills Michigan 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 Barton Hills 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.) Barton Hills has the largest proportion of people who bicycle or walk to work at 15% 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 Barton Hills or elsewhere.) Barton Hills has the largest proportion of people who work from home at 15% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Barton Hills has the largest proportion of people who leave for work between 730 am to 8am at 18% of the total and is ranked #1. Second, it has the largest proportion of people who leave for work between 8am to 830am at 17% of the total and is ranked #1. Third, it has the largest proportion of people who leave for work between 830 am to 9am at 18% of the total and is ranked #1. Also, it has the smallest proportion of people who leave for work between 11am to 12noon at 4% of the total. In addition, it has the smallest proportion of people who leave for work between 12noon to 4pm 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. Barton Hills 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 30% of the total and is ranked #1. Third, it has the largest proportion of people with commute time between 10 to 14 minutes at 32% of the total and is ranked #1. Also, it has the smallest proportion of people with commute time between 15 to 19 minutes at 14% of the total. In addition, it has the smallest proportion of people with commute time between 20 to 24 minutes at 1% of the total. Furthermore, it has the smallest proportion of people with commute time between 35 to 39 minutes at 1% of the total. Next it has the smallest proportion of people with commute time between 40 to 44 minutes at 3% of the total. Additionally, it has the smallest proportion of people with commute time between 45 to 59 minutes at 2% of the total.

The average commute time is shown in Figure 37. Barton Hills depicts it has a Avg Commute Time of 18 which is the smallest when ranked by average commute time of all the other places in the greater region. Figure 38 shows the difference between male versus female commuting time. Barton Hills shows average commute time in minutes for men 12.7% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Barton Hills has the smallest proportion of no vehicle available at 4% of the total. Second, it has the largest proportion of 2 vehicles available at 32% of the total and is ranked #1. Third, it has the largest proportion of 3 vehicles available at 11% of the total and is ranked #1. Also, it has the largest proportion of 4 vehicles available at 8% 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.) Barton Hills shows it has a Work in city or place where live of 17% which is less than most other places in the greater region. The city with the highest people who both work and live in the same city in the area is Ann Arbor which shows a people who both work and live in the same city of 69% (approximately 4.1 times bigger). Comparing people who both work and live in the same city to the United States average of 42%, Barton Hills is approximately half the size. Also, in comparison with the state of Michigan, people who both work and live in the same city of 30%, Barton Hills is approximately half the size.

Barton Hills Michigan 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. Barton Hills depicts it has the hightest median earnings of $250,001 for the earnings-healthcare practitioners and tech occupations aggregate. Similarly, Figure 47 shows the median earnings of women for the job categories and Barton Hills depicts it has the hightest median earnings of $250,001 for the earnings-healthcare practitioners and tech occupations aggregate. The table in Figure 48, shows Barton Hills employment data in terms of job categories and salary data.

Barton Hills Michigan 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. Barton Hills depicts it has the hightest entrepreneurs of 90% 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. Barton Hills shows it has the hightest entrepreneurs of 30% for the self employed in information category.

In Figure 51 the average annual self employment/entrepreneur income is shown. Barton Hills depicts it has a Self Employment Income of $201,553 which is the highest of all places in the greater Barton Hills region. Comparing average annual self employment income to the United States average of $39,154, Barton Hills is considerably bigger. Also, compared to the state of Michigan, average annual self employment income of $32,754, Barton Hills is very much bigger.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Barton Hills depicts total number of self-employed men 14.3% larger as the total number of self-employed women.