Lovells township Michigan Income Charts

This section shows the Lovells township Michigan economy using the most recent economic analysis from the 2019 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Lovells township shows it has a median earnings per worker of $30,000 which is in the mid point range of other places in the area. The city with the highest median earnings per worker in the area is Gaylord which indicates a median earnings of $40,673 (35.6% larger). Comparing median earnings per worker to the United States average of $47,712, Lovells township is approximately three-fourths the size. Also, compared to the state of Michigan, median earnings per worker of $47,411, Lovells township is approximately three-fourths the size.

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 $49,688 which is ranked #1 of all places in the greater Lovells township region. Comparing median household income to the United States average of $60,293, Lovells township is about 21.3% smaller. Also, compared to the state of Michigan, median household income of $54,938, Lovells township is about 10.6% smaller.

The next section examines a variety of different income statistics for the Lovells township metropolitan area. In Figure 3 we see that it it has one of the largest proportions of earnings less than $10,000 at 29.2% of the total and is ranked #3. Only #2 Mio CDP (29.5%), and #1 Roscommon (31.9%) are larger. Second, it has less than most other places in the metro area as measured by earnings between $10,000 and $14,999 at 5.8% of the total. Third, it has less than most other places in the area when sorted by earnings of $100,000 more at 2.3% 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 37.8 which is in the mid point range of other places in the area. The city with the highest average hours in the area is Lewiston CDP which depicts an average hours of 45.1 (19.3% 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 $15.26 which is less than most other places in the surrounding region. The city with the highest average hourly earnings in the area is Gaylord which shows an average hourly earnings of $20.26 (32.8% larger). Comparing average hourly earnings to the United States average of $23.71, Lovells township is approximately three-fourths the size. Also, compared to the state of Michigan, average hourly earnings of $23.87, Lovells township is approximately three-fourths the size.

Figure 7 examines the number of self employed people in the Lovells township metro area based on the number of people who reported any self employment income. Lovells township depicts it has a percentage of people self employed of 8.1% which is the third most people self employed of all other places in the greater Lovells township region. The city with the highest percentage of people self employed in the area is Lewiston CDP which shows a percentage self employed of 11.4% (41.0% 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 $56,667 of the total and is ranked #2. The only larger city being Atlanta CDP with $63,333. Second, it has one of the largest proportions of median income-45 to 64 years at $41,979 of the total and is ranked #2. The only larger city being Lewiston CDP with $45,966. Third, it has the largest proportion of median income-65 years and over at $51,750 of the total and is ranked #1.

Figure 9 breaks down the source of income and Lovells township has the smallest proportion of income from wages at 36.0% of the total. Second, it has the largest proportion of investment and retirement income at 34.0% 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. Also, it has the smallest proportion of public assistance and ssi at 0.4% 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 households with retirement income of 46.8% which is the highest of all places in the greater Lovells township region.

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 $49,000 of the total and is ranked #3. Only #2 Atlanta CDP ($50,682), and #1 Lewiston CDP ($51,136) are larger. Second, it has one of the largest proportions of white family income at $49,375 of the total and is ranked #3. Only #2 Lewiston CDP ($50,568), and #1 Atlanta CDP ($50,682) 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. Lovells township shows it has the hightest cost of 103.7 for the cost of transportation grouping.

Lovells township 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 Pandemic the monthly unemployment rate went from 16.8% to 5.4% in December 2019. This represents a decrease in the monthly unemployment rate of 67.9%. Since that time, the monthly unemployment rate has gone to 5.4% 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 Coronavirus Pandemic the monthly labor force participation went from 17,779 to 15,392 in November 2019. This represents a decrease in the monthly labor force participation of 13.4%. Since that time, the monthly labor force participation has gone to 15,392 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 Lovells township depicts it has an unemployment rate of 4.8% which is in the center range of other places in the metro area. The city with the highest unemployment rate in the area is Roscommon which shows a rate of 7.6% (56.6% larger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Lovells township shows it has a participation rate of 39.4% which is the second smallest as measured 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). Lovells township has one of the largest proportions of not in labor force at 60.6% of the total and is ranked #2. The only larger city being Atlanta CDP with 64.5%.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Lovells township depicts full time employees approximately 2.9 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 Lovells township area. Lovells township indicates it has a families with a single earner of 28.1% which is less than most other places in the area. The city with the highest families with a single earner in the area is Atlanta CDP which depicts a single earners rate of 50.0% (77.9% larger). The percentage of families with no one working is depicted in Figure 22. Lovells township indicates it has a families with no one working of 45.9% which is at the top of all other places in the surrounding region.

Lovells township Michigan Poverty Charts

The next section details economy analysis about poverty for residents of the Lovells township 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. Lovells township depicts it has a total people earning less than the poverty level of 76 which is the smallest when sorted by total people earning less than the poverty level of all the other places in the greater region. The city with the highest total people earning less than the poverty level in the area is Gaylord which shows a total people earning less than the poverty level of 766 ( markedly bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Lovells township indicates it has a percent of people earning less than the poverty level of 11.6% which is the smallest in order of percent of people earning less than the poverty level of all the other places in the metro area. The city with the highest percent of people earning less than the poverty level in the area is Roscommon which shows a percent of people in poverty of 40.6% (approximately 3.5 times bigger).

In Figure 25 people who are in poverty are broken out by age group. Lovells township has the percentage of person in poverty under 12 years the second smallest in terms of person in poverty under 12 years of all the other places in the surrounding region at 7% of the total. Second, it has the smallest proportion of person in poverty 12 to 17 years at 1% of the total. Third, it has the largest proportion of person in poverty 18 to 34 years at 29% of the total and is ranked #1. Also, it has one of the largest proportions of person in poverty 35 to 54 years at 30% of the total and is ranked #2. The only larger city being Atlanta CDP with 40%. In addition, it has one of the largest proportions of person in poverty 55 to 64 years at 22% of the total and is ranked #2. The only larger city being Lewiston CDP with 25%.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Lovells township has the smallest proportion of white poverty rate at 12% of the total.

Figure 27 shows key poverty statistics for groups based on marriage status. Lovells township has the smallest proportion of married with children and in poverty at 4% of the total. Second, it has the second smallest in order of married with children and in poverty of all the other places in the area when sorted by unmarried with children and in poverty at 25% of the total. Third, it has in the mid point range of other places in the area when ranked by unmarried male with children and in poverty at 45% of the total.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Lovells township has the smallest proportion of less than highschool in poverty at 6% of the total. Second, it has the smallest proportion of has some college and in poverty at 5% 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. Lovells township has the smallest proportion of people who are in poverty and employed at 7.9% of the total. Second, it has the largest proportion of people who are in poverty and unemployed at 14.5% of the total and is ranked #1. Third, it has the largest proportion of people who are in poverty and not in labor force at 28.9% 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.) Lovells township shows it has a households with public assistance of 6.9% which is the smallest in terms of 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 Roscommon which depicts a households with public assistance of 45.2% ( substantially bigger).

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

Lovells township Michigan Work Commute Charts

Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Lovells township or elsewhere.) Lovells township has the largest proportion of people who took a taxicab, motorcycle or other at 1% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Lovells township has the largest proportion of people who leave for work between 9am to 10am at 15% of the total and is ranked #1. Second, it has the largest proportion of people who leave for work between 11am to 12noon at 4% of the total and is ranked #1. Third, it has less than most other places in the area when ranked by people who leave for work between 4pm to midnight 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. Lovells township has the smallest proportion of people with commute time of less than 5 minutesutes at 7% of the total. Second, it has the smallest proportion of people with commute time between 5 to 9 minutes at 4% of the total. Third, it has the largest proportion of people with commute time between 20 to 24 minutes at 18% of the total and is ranked #1. Also, it has the largest proportion of people with commute time between 30 to 34 minutes at 24% of the total and is ranked #1. In addition, it has the largest proportion of people with commute time of 90 or more minutesutes at 4% of the total and is ranked #1.

The average commute time is shown in Figure 37. Lovells township shows it has an average commute time of 31 which is the most of all places in the greater Lovells township region. Figure 38 shows the difference between male versus female commuting time. Lovells township shows average commute time in minutes for men 39.6% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Lovells township has the percentage of 1 vehicle available the second smallest when sorted by no vehicle available of all the other places in the area at 24% of the total. Second, it has one of the largest proportions of 2 vehicles available at 53% of the total and is ranked #2. The only larger city being Roscommon with 54%. Third, it has one of the largest proportions of 3 vehicles available at 22% of the total and is ranked #2. The only larger city being Mio CDP with 23%. Also, it has less than most other places in the surrounding region when ranked by 4 vehicles available at 1% of the total.

Lovells township 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. Lovells township depicts it has the hightest median earnings of $37,500 for the earnings-production, transportation, material moving occupations grouping. Similarly, Figure 47 shows the median earnings of women for the job categories and Lovells township shows it has the hightest median earnings of $36,250 for the earnings-sales and office occupations classification. The table in Figure 48, shows Lovells township employment data in terms of job categories and salary data.

Lovells township 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. Lovells township shows it has the hightest entrepreneurs of 70% for the self employed in sales and office related businesses group.

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. Lovells township depicts it has the hightest entrepreneurs of 70% 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. Lovells township shows it has an average annual self employment income of $13,256 which is in the intermediate range of other places in the local area. The city with the highest average annual self employment income in the area is Mio CDP which shows an average annual self employment income of $25,977 (about twice as large). Comparing average annual self employment income to the United States average of $37,819, Lovells township is approximately a third the size. Also, compared to the state of Michigan, average annual self employment income of $31,109, Lovells township is approximately half the size.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Lovells township shows total number of self-employed men approximately three-fourths the size as the total number of self-employed women.