Cross Village CDP Michigan Income Charts

This section shows the Cross Village CDP Michigan economy using the most recent economic analysis from the 2019 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Cross Village CDP depicts it has a median earnings per worker of $41,250 which is less than most other places in the local area. The place with the highest median earnings per worker in the area is Bliss township which shows a median earnings of $44,375 (7.6% larger). Comparing median earnings per worker to the United States average of $47,712, Cross Village CDP is about 15.7% smaller. Also, measured against the state of Michigan, median earnings per worker of $47,411, Cross Village CDP is about 14.9% 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 $41,250 which is the second smallest when ranked by median household income of all the other places in the greater region. The place with the highest median household income in the area is Friendship township which depicts a median income of $53,875 (30.6% larger). Comparing median household income to the United States average of $60,293, Cross Village CDP is approximately three-fourths the size. Also, measured against the state of Michigan, median household income of $54,938, Cross Village CDP is approximately three-fourths the size.

The next section examines a variety of different income statistics for the Cross Village CDP metropolitan area. In Figure 3 we see that it it has the largest proportion of earnings less than $10,000 at 39.1% of the total and is ranked #1. Second, it has the smallest proportion of earnings between $10,000 and $14,999 at 2.2% of the total. Third, it has the smallest proportion of earnings between $15,000 and $19,999 at 2.2% of the total. Also, it has the smallest proportion of earnings between $50,000 and $74,999 at 10.9% 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 35.3 which is the second smallest as measured by average hours of all the other places in the greater region. The place with the highest average hours in the area is Readmond township which shows an average hours of 39.3 (11.3% 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 $22.47 which is the second most average hourly earnings of all the places in the greater Cross Village CDP region. The place with the highest average hourly earnings in the area is Cross Village township which depicts an average hourly earnings of $23.74 (only about 5.6% larger). Comparing average hourly earnings to the United States average of $23.71, Cross Village CDP is about 5.5% smaller. Also, measured against the state of Michigan, average hourly earnings of $23.87, Cross Village CDP is about 6.2% smaller.

Figure 7 examines the number of self employed people in the Cross Village CDP metro area based on the number of people who reported any self employment income. Cross Village CDP depicts it has a percentage of people self employed of 22.5% which is at the top of all other places in the greater Cross Village CDP region.

Turning our attention to Figure 8, the median household income by age group, has the percentage of median income-65 years and over in the intermediate range of other places in the local area at $40,833 of the total.

Figure 9 breaks down the source of income and Cross Village CDP has the smallest proportion of income from wages at 39.4% of the total. Second, it has the largest proportion of self employment income at 12.6% of the total and is ranked #1. Third, it has the largest proportion of social security at 27.7% 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 25.0% which is in the mid point range of other places in the local area. The place with the highest households with retirement income in the area is Bliss township which shows a households with retirement income of 28.0% (12.1% 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 $61,250 of the total and is ranked #3. Only #2 Center township ($65,313), and #1 Friendship township ($77,500) are larger. Second, it has one of the largest proportions of white family income at $61,875 of the total and is ranked #3. Only #2 Center township ($67,656), and #1 Friendship township ($77,917) are larger.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Cross Village CDP shows it has the hightest cost of 118.6 for the cost of utilities aggregate.

Cross Village CDP 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 shows that from January 2010 to before the disasterous Coronavirus Pandemic the monthly unemployment rate went from 16.8% to 5.9% in March 2020. This represents a decrease in the monthly unemployment rate of 64.9%. Since that time, the monthly unemployment rate has gone to 12.1% This represents an increase in the monthly unemployment rate of 105.1%. 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 shows that from January 2010 to before the disasterous COVID-19 Pandemic the monthly labor force participation went from 17,779 to 15,015 in March 2020. This represents a decrease in the monthly labor force participation of 15.5%. Since that time, the monthly labor force participation has gone to 15,649 This represents an increase in the monthly labor force participation of 4.2%.

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 Cross Village CDP shows it has an unemployment rate of 1.2% 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 Carp Lake township-Emmet County which depicts a rate of 7.1% ( considerably bigger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Cross Village CDP depicts it has a participation rate of 43.4% which is the smallest when ranked by participation rate of all the other places in the surrounding 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). Cross Village CDP has the smallest proportion of unemployed at 1.2% of the total. Second, it has the largest proportion of not in labor force at 56.6% 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. Cross Village CDP indicates full time employees about twice as large 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 Cross Village CDP area. Cross Village CDP depicts it has a families with a single earner of 19.2% which is the smallest as measured by families with a single earner of all the other places in the metropolitan area. The place with the highest families with a single earner in the area is Readmond township which shows a single earners rate of 33.3% (73.3% larger). The percentage of families with no one working is depicted in Figure 22. Cross Village CDP shows it has a families with no one working of 34.6% which is the second most of all the places in the local area. The place with the highest families with no one working in the area is Cross Village township which shows a families with no worker of 39.3% (13.7% larger).

Cross Village CDP Michigan Poverty Charts

The next section details economy analysis about poverty for residents of the Cross Village 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. Cross Village CDP shows it has a total people earning less than the poverty level of 4 which is the smallest when ranked by 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 Carp Lake township-Emmet County which indicates a total people earning less than the poverty level of 118 ( markedly bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Cross Village CDP depicts it has a percent of people earning less than the poverty level of 4.6% which is the second smallest when sorted by percent of people earning less than the poverty level of all the other places in the local area. The place with the highest percent of people earning less than the poverty level in the area is Bliss township which indicates a percent of people in poverty of 17.5% (approximately 3.8 times bigger).

In Figure 25 people who are in poverty are broken out by age group. Cross Village CDP has the largest proportion of person in poverty 65+ years at 75% of the total and is ranked #1.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Cross Village CDP has the percentage of white poverty rate the second smallest as measured by white poverty rate of all the other places in the metropolitan area at 5% of the total.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Cross Village CDP has one of the largest proportions of highschool graduate and in poverty at 19% of the total and is ranked #2. The only larger place being Cross Village township with 21%. 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.) Cross Village CDP depicts it has a households with public assistance of 2.5% 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 Carp Lake township-Emmet County which depicts a households with public assistance of 14.8% ( considerably bigger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Cross Village CDP depicts it has a the gini index of 39.4% which is less than most other places in the local area.

Cross Village CDP 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 Cross Village 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.) Cross Village CDP has the largest proportion of people who drive a car or motorcycle to work at 100% 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 Cross Village CDP or elsewhere.) Cross Village CDP has the largest proportion of people who drove alone at 100% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Cross Village CDP has one of the largest proportions of people who leave for work between 12am to 5am at 6% of the total and is ranked #2. The only larger place being Center township with 6%. Second, it has the largest proportion of people who leave for work between 530 am to 6am at 11% of the total and is ranked #1. Third, it has the largest proportion of people who leave for work between 8am to 830am at 54% of the total and is ranked #1. Also, it has the largest proportion of people who leave for work between 11am to 12noon at 6% 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. Cross Village CDP has the largest proportion of people with commute time of less than 5 minutesutes at 14% of the total and is ranked #1. Second, it has the largest proportion of people with commute time between 20 to 24 minutes at 31% of the total and is ranked #1. Third, it has the smallest proportion of people with commute time between 30 to 34 minutes at 9% of the total. Also, it has the smallest proportion of people with commute time between 45 to 59 minutes at 3% of the total. In addition, it has the largest proportion of people with commute time between 60 to 89 minutes at 17% of the total and is ranked #1.

The average commute time is shown in Figure 37. Cross Village CDP indicates it has an average commute time of 29 which is less than most other places in the metropolitan area. Figure 38 shows the difference between male versus female commuting time. Cross Village CDP shows average commute time in minutes for men approximately a third the size as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Cross Village CDP has the smallest proportion of 1 vehicle available at 6% of the total. Second, it has the smallest proportion of 2 vehicles available at 3% of the total. Third, it has the largest proportion of 3 vehicles available at 86% of the total and is ranked #1. Also, it has the second smallest in terms of no vehicle available of all the other places in the local area in order of 4 vehicles available at 6% of the total. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Cross Village CDP depicts it has a people who both work and live in the same city of 14% which is the second most of all the places in the local area. The place with the highest people who both work and live in the same city in the area is Carp Lake township-Emmet County which shows a people who both work and live in the same city of 15% (only about 4.3% larger). Comparing people who both work and live in the same city to the United States average of 42%, Cross Village CDP is approximately a third the size. Also, in comparison with the state of Michigan, people who both work and live in the same city of 30%, Cross Village CDP is approximately half the size.

Cross Village CDP Michigan Jobs Charts

The table in Figure 48, shows Cross Village CDP employment data in terms of job categories and salary data.

Cross Village CDP Michigan Self Employment Charts

In Figure 51 the average annual self employment/entrepreneur income is shown. Cross Village CDP depicts it has an average annual self employment income of $31,067 which is in the mid range of other places in the surrounding region. The place with the highest average annual self employment income in the area is Readmond township which shows an average annual self employment income of $49,643 (59.8% larger). Comparing average annual self employment income to the United States average of $37,819, Cross Village CDP is about 21.7% smaller. Also, compared to the state of Michigan, average annual self employment income of $31,109, Cross Village CDP is about the same size.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Cross Village CDP shows total number of self-employed men approximately 2.5 times bigger as the total number of self-employed women.