Vineyard Lake CDP Michigan Income Charts

This section shows the Vineyard Lake CDP Michigan economy using the most recent economic analysis from the 2021 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Vineyard Lake CDP depicts it has a Median earnings of $150,780 which is at the top of all other places in the greater Vineyard Lake CDP region. Comparing median earnings per worker to the United States average of $50,459, Vineyard Lake CDP is approximately 3.0 times bigger. Also, benchmarked against the state of Michigan, median earnings per worker of $50,100, Vineyard Lake CDP is approximately 3.0 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 $70,769 which is the second most of all the places in the local area. The place with the highest median household income in the area is Manitou Beach-Devils Lake CDP which depicts a median income of $81,602 (15.3% larger). Comparing median household income to the United States average of $64,994, Vineyard Lake CDP is 8.9% larger. Also, compared with the state of Michigan, median household income of $59,234, Vineyard Lake CDP is 19.5% larger.

The next section examines a variety of different income statistics for the Vineyard Lake CDP metropolitan area. In Figure 3 we see that it has the smallest proportion of earnings less than $10,000 at 2.8% of the total. Second, it has the smallest proportion of earnings between $15,000 and $19,999 at 16.9% of the total. Third, it has the largest proportion of earnings between $75,000 and $99,999 at 47.7% 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 41.5 which is the second most average hours of all the places in the greater Vineyard Lake CDP region. The place with the highest average hours in the area is Manitou Beach-Devils Lake CDP which shows an average hours of 42.4 ( only slightly larger). 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 $69.87 which is the most of all places in the local area. Comparing average hourly earnings to the United States average of $25.01, Vineyard Lake CDP is approximately 2.8 times bigger. Also, in comparison with the state of Michigan, average hourly earnings of $25.16, Vineyard Lake CDP is approximately 2.8 times bigger.

Figure 7 examines the number of self employed people in the Vineyard Lake CDP metro area based on the number of people who reported any self employment income. Vineyard Lake CDP shows it has a Self Employed of 8.3% which is less than most other places in the greater region. The place with the highest percentage of people self employed in the area is Cement City which shows a percentage self employed of 12.6% (51.5% larger).

Turning our attention to Figure 8, the median household income by age group, it has one of the largest proportions of median income-45 to 64 years at $39,375 of the total and is ranked #2. The only larger place being Manitou Beach-Devils Lake CDP with $66,250.

Figure 9 breaks down the source of income and Vineyard Lake CDP has the smallest proportion of self employment income at 3.2% of the total. Second, it has the smallest proportion of investment and retirement income at 4.2% 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 21.2% which is in the mid range of other places in the area. The place with the highest households with retirement income in the area is Manitou Beach-Devils Lake CDP which depicts a households with retirement income of 45.1% (about twice as large).

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Vineyard Lake CDP shows it has the hightest cost of 129.5 for the cost of utilities grouping.

Vineyard Lake 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 January 2010 to before the disasterous Covid-19 virus Pandemic the monthly unemployment rate went from 21.6% to 7.5% in March 2020. This represents a decrease in the monthly unemployment rate of 65.3%. Since that time, the monthly unemployment rate has gone to 7.1% This represents a decrease in the monthly unemployment rate of 5.3%. 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 disasterous COVID Pandemic the monthly labor force participation went from 15,282 to 14,197 in March 2020. This represents a decrease in the monthly labor force participation of 7.1%. Since that time, the monthly labor force participation has gone to 13,733 This represents a decrease in the monthly labor force participation of 3.3%.

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 Vineyard Lake CDP shows it has a Unemployment Rate of 0.6% which is the smallest when sorted by unemployment rate of all the other places in the local area. The place with the highest unemployment rate in the area is Napoleon CDP which shows a rate of 16.1% ( very much bigger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Vineyard Lake CDP shows it has a Labor Force Participation of 67.8% which is the third most participation rates of all other places in the greater Vineyard Lake CDP 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). Vineyard Lake CDP has the smallest proportion of employed at 0.6% of the total.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Vineyard Lake CDP shows full time employees appreciably 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 Vineyard Lake CDP area. Vineyard Lake CDP depicts it has a Single Earner Families of 25.0% which is in the mid point range of other places in the metropolitan area. The place with the highest families with a single earner in the area is Brooklyn which depicts a single earners rate of 36.2% (44.8% larger). The percentage of families with no one working is depicted in Figure 22. Vineyard Lake CDP depicts it has a Families with No One Working of 10.8% which is the smallest as measured by families with no one working of all the other places in the local area. The place with the highest families with no one working in the area is Manitou Beach-Devils Lake CDP which shows a families with no worker of 31.1% (approximately 2.9 times bigger).

Vineyard Lake CDP Michigan Poverty Charts

The next section details economy analysis about poverty for residents of the Vineyard Lake 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. Vineyard Lake CDP depicts it has a Total In Poverty of 70 which is the smallest when sorted by 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 Napoleon CDP which shows a total people earning less than the poverty level of 248 (approximately 3.5 times bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Vineyard Lake CDP shows it has a Percent of Population In Poverty of 8.6% which is less than most other places in the metro area. The place with the highest percent of people earning less than the poverty level in the area is Napoleon CDP which depicts a percent of people in poverty of 27.4% (approximately 3.2 times bigger).

In Figure 25 people who are in poverty are broken out by age group. Vineyard Lake CDP has the largest proportion of person in poverty 18 to 34 years at 31% of the total and is ranked #1.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Vineyard Lake CDP has the largest proportion of white poverty rate at 100% 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. Vineyard Lake CDP has the percentage of less than highschool in poverty the second smallest in terms of less than highschool in poverty of all the other places in the metro area at 8% of the total. Second, it has the smallest proportion of highschool graduate and in poverty at 4% of the total. 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.) Vineyard Lake CDP depicts it has a Public Assistance Percent of 14.1% which is the third most of all other places in the metro area. The place with the highest households with public assistance in the area is Cement City which depicts a households with public assistance of 22.5% (59.1% larger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Vineyard Lake CDP depicts it has a Gini Index of 54.9% which is at the top of all other places in the greater Vineyard Lake CDP region.

Vineyard Lake 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 Vineyard Lake 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.) Vineyard Lake CDP has the largest proportion of people who bicycle or walk to work at 29% 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 Vineyard Lake CDP or elsewhere.) Vineyard Lake CDP has the smallest proportion of people who drove alone at 71% of the total. Second, it has the largest proportion of people who work from home at 29% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Vineyard Lake CDP has the percentage of people who leave for work between 12am to 5am the second smallest as measured by people who leave for work between 12am to 5am of all the other places in the local area at 2% of the total. Second, it has the largest proportion of people who leave for work between 530 am to 6am at 41% of the total and is ranked #1. Third, it has the smallest proportion of people who leave for work between 630 am to 7am at 2% of the total. Also, it has the smallest proportion of people who leave for work between 730 am to 8am at 2% of the total.

The next graph in Figure 36 shows the average number of minutes that it takes for people to commute to work. Vineyard Lake CDP has the percentage of people with commute time of less than 5 minutesutes less than most other places in the greater region at 2% of the total. Second, it has one of the largest proportions of people with commute time between 5 to 9 minutes at 7% of the total and is ranked #3. Only #2 Napoleon CDP (21%), and #1 Cement City (22%) are larger. Third, it has the smallest proportion of people with commute time between 30 to 34 minutes at 2% of the total. Also, it has the second smallest in order of people with commute time of less than 5 minutes of all the other places in the metro area when sorted by people with commute time between 45 to 59 minutes at 4% of the total. In addition, it has the largest proportion of people with commute time between 60 to 89 minutes at 33% of the total and is ranked #1.

The average commute time is shown in Figure 37. Vineyard Lake CDP shows it has a Avg Commute Time of 61 which is the largest of all places in the greater Vineyard Lake CDP region. Figure 38 shows the difference between male versus female commuting time. Vineyard Lake CDP shows average commute time in minutes for men considerably bigger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Vineyard Lake CDP has the percentage of no vehicle available less than most other places in the local area at 13% of the total. Second, it has the smallest proportion of 1 vehicle available at 37% of the total. Third, it has the largest proportion of 2 vehicles available at 49% 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.) Vineyard Lake CDP shows it has a Work in city or place where live of 29% which is more than all other places in the greater Vineyard Lake CDP region. Comparing people who both work and live in the same city to the United States average of 43%, Vineyard Lake CDP is approximately three-fourths the size. Also, versus the state of Michigan, people who both work and live in the same city of 31%, Vineyard Lake CDP is about 5.6% smaller.

Vineyard Lake 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. Vineyard Lake CDP shows it has the hightest median earnings of $53,922 for the earnings-natural resources, construction, maintenance occupations grouping. The table in Figure 48, shows Vineyard Lake CDP employment data in terms of job categories and salary data.

Vineyard Lake CDP Michigan Self Employment Charts

In Figure 51 the average annual self employment/entrepreneur income is shown. Vineyard Lake CDP shows it has a Self Employment Income of $11,712 which is less than most other places in the metro area. The place with the highest average annual self employment income in the area is Manitou Beach-Devils Lake CDP which shows an average annual self employment income of $70,023 ( considerably bigger). Comparing average annual self employment income to the United States average of $40,101, Vineyard Lake CDP is approximately a third the size. Also, in comparison with the state of Michigan, average annual self employment income of $33,217, Vineyard Lake CDP is approximately a third the size.