Freeland CDP Michigan Income Charts

This section shows the Freeland CDP Michigan economy using the most recent economic analysis from the 2020 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Freeland CDP depicts it has a Median earnings of $55,833 which is the highest of all places in the greater region. Comparing median earnings per worker to the United States average of $49,041, Freeland CDP is 13.8% larger. Also, in contrast to the state of Michigan, median earnings per worker of $48,618, Freeland CDP is 14.8% 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 $83,889 which is ranked #1 of all places in the greater Freeland CDP region. Comparing median household income to the United States average of $62,843, Freeland CDP is 33.5% larger. Also, compared with the state of Michigan, median household income of $57,144, Freeland CDP is 46.8% larger.

The next section examines a variety of different income statistics for the Freeland CDP metropolitan area. In Figure 3 we see that it has the percentage of earnings less than $10,000 less than most other places in the metro area at 5.0% of the total. Second, it has the smallest proportion of earnings between $15,000 and $19,999 at 26.2% of the total. Third, it has the largest proportion of earnings between $50,000 and $74,999 at 14.5% 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 38.7 which is the highest of all places in the greater Freeland CDP 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 $27.74 which is the most of all places in the greater Freeland CDP region. Comparing average hourly earnings to the United States average of $24.31, Freeland CDP is 14.1% larger. Also, in comparison with the state of Michigan, average hourly earnings of $24.48, Freeland CDP is 13.4% larger.

Figure 7 examines the number of self employed people in the Freeland CDP metro area based on the number of people who reported any self employment income. Freeland CDP shows it has a Self Employed of 11.4% which is at the top of all other places in the greater Freeland CDP 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 $86,974 of the total and is ranked #1. Second, it has the largest proportion of median income-25 to 44 years at $108,212 of the total and is ranked #1. Third, it has the largest proportion of median income-45 to 64 years at $55,063 of the total and is ranked #1.

Figure 9 breaks down the source of income and Freeland CDP has the largest proportion of income from wages at 4.2% of the total and is ranked #1. Second, it has the smallest proportion of investment and retirement income at 6.9% 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 26.6% which is the third most households with retirement income of all other places in the greater Freeland CDP region. The place with the highest households with retirement income in the area is Shields CDP which depicts a households with retirement income of 31.9% (19.8% 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 $109,010 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. Freeland CDP shows it has the hightest cost of 103.7 for the cost of transportation aggregate.

Freeland 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 depicts that from February 2010 to before the Wuhan Coronavirus/COVID Pandemic the monthly unemployment rate went from 7.9% to 2.4% in February 2020. This represents a decrease in the monthly unemployment rate of 69.6%. Since that time, the monthly unemployment rate has gone to 3.3% This represents an increase in the monthly unemployment rate of 37.5%. 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 February 2010 to before the Wuhan Coronavirus Pandemic the monthly labor force participation went from 19,868 to 20,040 in February 2020. This represents an increase in the monthly labor force participation of very little. Since that time, the monthly labor force participation has gone to 18,384 This represents a decrease in the monthly labor force participation of 8.3%.

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 Freeland CDP shows it has a Unemployment Rate of 1.4% which is in the mid range of other places in the greater region. The place with the highest unemployment rate in the area is Saginaw which depicts a rate of 7.6% ( substantially bigger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Freeland CDP shows it has a Labor Force Participation of 53.3% which is the smallest when ranked by 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). Freeland CDP has the largest proportion of unemployed at 46.7% 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. Freeland CDP depicts full time employees approximately 3.0 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 Freeland CDP area. Freeland CDP depicts it has a Single Earner Families of 15.7% which is the smallest in terms of families with a single earner of all the other places in the metro area. The place with the highest families with a single earner in the area is Saginaw which indicates a single earners rate of 32.4% (about twice as large). The percentage of families with no one working is depicted in Figure 22. Freeland CDP depicts it has a Families with No One Working of 15.0% which is the second smallest in order of families with no one working of all the other places in the metropolitan area. The place with the highest families with no one working in the area is Auburn which shows a families with no worker of 26.3% (75.4% larger).

Freeland CDP Michigan Poverty Charts

The next section details economy analysis about poverty for residents of the Freeland 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. Freeland CDP shows it has a Total In Poverty of 146 which is the second smallest in terms of total people earning less than the poverty level of all the other places in the metro area. The place with the highest total people earning less than the poverty level in the area is Saginaw which shows a total people earning less than the poverty level of 16,615 ( appreciably bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Freeland CDP depicts it has a Percent of Population In Poverty of 2.7% which is the smallest when sorted by percent of people earning less than the poverty level of all the other places in the metropolitan area. The place with the highest percent of people earning less than the poverty level in the area is Saginaw which shows a percent of people in poverty of 34.8% ( considerably bigger).

In Figure 25 people who are in poverty are broken out by age group. Freeland CDP has one of the largest proportions of person in poverty 12 to 17 years at 49% of the total and is ranked #2. The only larger place being Zilwaukee with 50%. Second, it has one of the largest proportions of person in poverty 55 to 64 years at 23% of the total and is ranked #2. The only larger place being Shields CDP with 24%.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Freeland CDP has the percentage of white poverty rate less than most other places in the greater region at 12% of the total.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Freeland CDP has the percentage of less than highschool in poverty less than most other places in the metro area at 4% of the total. Second, it has the smallest proportion of highschool graduate and in poverty at 4% of the total. Figure 29 looks at only those people who make less than the poverty level of income and breaks down there employment status. Freeland CDP has the largest proportion of people who are in poverty and unemployed at 31.5% of the total and is ranked #1. 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.) Freeland CDP depicts it has a Public Assistance Percent of 4.0% which is the second smallest in order of households with public assistance of all the other places in the metropolitan area. The place with the highest households with public assistance in the area is Saginaw which shows a households with public assistance of 40.2% ( very much bigger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Freeland CDP depicts it has a Gini Index of 32.3% which is the smallest in order of the gini index of all the other places in the greater region.

Freeland CDP Michigan Work Commute Charts

Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Freeland CDP or elsewhere.) Freeland CDP has the largest proportion of people who walked at 2% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Freeland CDP has the smallest proportion of people who leave for work between 5am to 530am at 3% of the total.

The next graph in Figure 36 shows the average number of minutes that it takes for people to commute to work. Freeland CDP has the percentage of people with commute time of less than 5 minutesutes the second smallest in terms of people with commute time of less than 5 minutes of all the other places in the local area at 8% of the total. Second, it has in the mid range of other places in the area in order of people with commute time between 5 to 9 minutes at 13% of the total. Third, it has the second smallest as measured by people with commute time of less than 5 minutes of all the other places in the greater region in terms of people with commute time between 10 to 14 minutes at 13% of the total. Also, it has one of the largest proportions of people with commute time between 15 to 19 minutes at 27% of the total and is ranked #2. The only larger place being Auburn with 28%. In addition, it has the smallest proportion of people with commute time between 45 to 59 minutes at 0% of the total.

The average commute time is shown in Figure 37. Freeland CDP shows it has a Avg Commute Time of 23 which is the third most average commute time of all other places in the greater Freeland CDP region. Figure 38 shows the difference between male versus female commuting time. Freeland CDP shows average commute time in minutes for men 38.5% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Freeland CDP has the percentage of no vehicle available the second smallest in order of no vehicle available of all the other places in the area at 14% of the total. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Freeland CDP shows it has a Work in city or place where live of 16% which is the third most people who both work and live in the same city of all other places in the greater Freeland CDP region. The place with the highest people who both work and live in the same city in the area is Midland which depicts a people who both work and live in the same city of 71% (approximately 4.5 times bigger). Comparing people who both work and live in the same city to the United States average of 42%, Freeland CDP is approximately a third the size. Also, compared to the state of Michigan, people who both work and live in the same city of 30%, Freeland CDP is approximately half the size.

Freeland CDP 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. Freeland CDP depicts it has the hightest median earnings of $93,424 for the earnings-computer, engineering, and science occupations grouping. Similarly, Figure 47 shows the median earnings of women for the job categories and Freeland CDP depicts it has the hightest median earnings of $55,815 for the management, business, and financial occupations group. The table in Figure 48, shows Freeland CDP employment data in terms of job categories and salary data.

Freeland CDP 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. Freeland CDP depicts it has the hightest entrepreneurs of 49% for the self employed in sales and office related businesses classification.

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. Freeland CDP shows it has the hightest entrepreneurs of 49% for the self employed in finance, insurance, real estate, rental and leasing grouping.

In Figure 51 the average annual self employment/entrepreneur income is shown. Freeland CDP depicts it has a Self Employment Income of $34,640 which is the second most of all the places in the local area. The place with the highest average annual self employment income in the area is Zilwaukee which shows an average annual self employment income of $37,289 (7.6% larger). Comparing average annual self employment income to the United States average of $39,154, Freeland CDP is about 13.0% smaller. Also, compared to the state of Michigan, average annual self employment income of $32,754, Freeland CDP is only about 5.8% larger.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Freeland CDP shows total number of self-employed men about 13.0% smaller as the total number of self-employed women.