Lovells township Michigan Income Charts

This section shows the economic outlook and local economy using the most recent economic data from the 2018 Census Bureau. Starting with Figure 1 which shows the median earnings per worker. Lovells township shows it has $30,714 median earnings which is the 4th smallest median earnings of all the other places in the area. The city with the highest median earnings in the area is Maple Forest township with an earnings of $50,109 measures 63.1% larger. Comparing median earnings to the United States average of $46,022, Lovells township is approximately three-fourths the size. Also, measured against the state of Michigan, median earnings of $45,949, Lovells township is approximately three-fourths the size.

In Figure 2 we see a more complete view of income which includes all members in a household using the median household income and it has $47,708 median income which is the 4th in median income out of 10 total in the area. The city with the highest median income in the area is Chester township, Otsego County, Michigan with an income of $65,000 is 36.2% larger. Comparing median income to the United States average of $57,652, Lovells township is about 20.8% smaller. Also, in comparison with the state of Michigan, median income of $52,668, Lovells township is about 10.4% smaller.

The next section examines a variety of different income statistics. In Figure 3 we see that it has the largest proportion of median earnings between $15,000 and $19,999 at 10.2% of the total and is ranked #1. Second, it has the largest proportion of median earnings between $20,000 and $49,999 at 44.2% 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 39.2 average hours which is the 5th in average hours out of 10 total in the area. The city with the highest average hours in the area is Lewiston with an average hours of 41.1 is only about 4.8% larger. Dividing median annual worker earnings by the average number of hours worked in a year in Figure 6 shows that it has $15.07 average hourly earnings which is the 4th smallest average hourly earnings of all the other places in the area. The city with the highest average hourly earnings in the area is Maple Forest township with an average hourly earnings of $24.21 measures 60.7% larger. Comparing average hourly earnings to the United States average of $22.87, Lovells township is approximately three-fourths the size. Also, measured against the state of Michigan, average hourly earnings of $23.25, Lovells township measures approximately three-fourths the size.

Figure 7 examines the number of self employed people in the area based on the number of people who reported any self employment income. Lovells township indicates it has 4.6% Self Employed which is the 4th smallest Self Employed of all the other places in the area. The city with the highest Self Employed in the area is Maple Forest township with a Self Employed of 13.1% is approximately 2.9 times bigger.

In terms of the source of where income comes from, in Figure 9 Lovells township has the largest proportion of investment and retirement income at 34.7% of the total and is ranked #1. Second, it has the largest proportion of Social Security at 28.7% 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 51.3% households with retirement income which is at the top of all other placesin the area.

Figure 13 shows the cost of living for a variety of cost components from the Bureau of Labor Statistics. Lovells township indicates it has hightest cost of 103.7 for cost of transportation.

Lovells township Michigan Labor Force Charts

The next two charts look at very recent, monthly trended employment related performance using data from 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 measure for the United States. It illustrates that from January 2010 to January 2019 the Monthly Unemployment Rate went from 16.8% to 7.3%. This represents a decrease in the Monthly Unemployment Rate of 56.5%. 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. The participation level It indicates that from March 2010 to March 2019 the Monthly Labor Force Participation went from 17,761 to 15,609. This represents a decrease in the Monthly Labor Force Participation of 12.1%.

The next two charts look at the annual unemployment rate and is based on the American Community survey. Figure 16 shows Lovells township illustrates it has 5.2% unemployment rate which is the 5th in unemployment rate out of 10 total in the area. The city with the highest unemployment rate in the area is Lewiston with a rate of 10.3% is about twice as large. Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Lovells township indicates it has 34.8% participation rate which is the 4th smallest participation rate of all the other places in the 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). Lovells township has the largest proportion of not in labor force at 65.2% 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. Lovells township illustrates full time employees is approximately 2.9 times bigger than 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. Lovells township illustrates it has 22.1% families with a single earner which is the 4th smallest families with a single earner of all the other places in the area. The city with the highest families with a single earner in the area is Lewiston with a single earners rate of 33.1% is 49.8% larger. The percentage of families with no one working is depicted in Figure 22. Lovells township shows it has 53.1% families with no one working which is the most of all placesin the area.

Lovells township Michigan Poverty Charts

The next section details information about poverty in the area. In Figure 23 the total number of people earning less than the poverty level are shown. Lovells township shows it has 86 total people earning less than the poverty level which is the 4th smallest total people earning less than the poverty level of all the other places in the area. The city with the highest total people earning less than the poverty level in the area is Grayling charter township with a total people earning less than the poverty level of 780 is appreciably 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 14.5% percent of people earning less than the poverty level which is the 3d most of all other places in the area. The city with the highest percent of people earning less than the poverty level in the area is Greenwood township, Oscoda County, Michigan with a percent of people in poverty of 21.0% is 45.0% larger.

In Figure 25 people who are in poverty are broken out by age group. Lovells township has the largest proportion of person in poverty 35 to 54 years at 35% 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. Lovells township has the largest proportion of highschool graduate and in poverty at 23% of the total and is ranked #1. Figure 29 looks at only those people who make less than the poverty level of income and breaks down there employment status. We see that Lovells township has the largest proportion of people who are in poverty and unemployed at 14.0% 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.) We can see that Lovells township shows it has 12.5% households with public assistance which is the 4th smallest households with public assistance of all the other places in the area. The city with the highest households with public assistance in the area is Grayling charter township with a households with public assistance of 18.3% is 46.6% larger.

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 31.5% the Gini Index which is the 4th smallest the Gini Index of all the other places in the area.

Lovells township Michigan Work Commute Charts

Figure 32 shows a high level view of how people get to work (including the percent of people who work from home.) Lovells township 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 people get to work for this location and shows Lovells township has the largest proportion of people who bike at 1% of the total and is ranked #1. Second, it has the largest proportion of people who walked at 6% 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 5am to 530am at 7% of the total and is ranked #1. Second, it has the largest proportion of people who leave for work between 9am to 10am at 15% of the total and is ranked #1. Also, it has the largest proportion of people who leave for work between 4pm to midnight at 9% 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. Lovells township has people with commute time of less than 5 minutes in the middle of other places in the area at 10% of the total and is ranked in the middle of the group. Second, it has the largest proportion of people with commute time between 35 to 39 minutes at 10% of the total and is ranked #1.

The average commute time is shown in Figure 37. Lovells township indicates it has 27 average commute time which is the 2nd most of all the places in the area. Figure 38 shows the difference between male versus female commuting time and Lovells township shows average commute time in minutes for men is about the same size than average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Lovells township has the largest proportion of No vehicle available at 5% of the total and is ranked #1. Second, it has the largest proportion of 1 vehicle available at 27% of the total and is ranked #1.

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 shows it has hightest median earnings of $40,833 for Earnings-Production, transportation, material moving occupations. Similarly, Figure 47 shows the median earnings of women for the job categories and Lovells township indicates it has hightest median earnings of $36,250 for Earnings-Sales and office occupations.

Lovells township Michigan Self Employment Charts

Figure 49 shows the number of people who are self employed in incorporated businesses by industry. Lovells township illustrates it has hightest entrepreneurs of 60% for self employed management, business, science, and arts businesses.

Similar to the last chart is Figure 50 which shows the number of people who are self employed but in more detailed industry categories. Lovells township shows it has hightest entrepreneurs of 60% for self employed in arts, entertainment, recreation, accommodation and food services.

In Figure 51 the average annual self employment income is shown. Lovells township shows it has $25,879 average annual self employment income which is the 3d most of all other places in the area. The city with the highest average annual self employment income in the area is Greenwood township, Oscoda County, Michigan with an average annual self employment income of $179,011 is substantially bigger. Comparing average annual self employment income to the United States average of $36,502, Lovells township is approximately three-fourths the size. Also, compared to the state of Michigan, average annual self employment income of $29,490, Lovells township is about 14.0% smaller.

Figure 52 shows the difference between the number of self employed men and self employed women. Lovells township shows total number of self-employed men is approximately a third the size than total number of self-employed women.