Chickamaw Beach Minnesota Income Charts

This section shows the Chickamaw Beach Minnesota economy using the most recent economic analysis from the 2020 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Chickamaw Beach depicts it has a Median earnings of $68,214 which is the largest of all places in the greater Chickamaw Beach region. Comparing median earnings per worker to the United States average of $49,041, Chickamaw Beach is 39.1% larger. Also, compared to the state of Minnesota, median earnings per worker of $52,993, Chickamaw Beach is 28.7% 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 $64,375 which is the second most median income of all the places in the greater Chickamaw Beach region. The city with the highest median household income in the area is Breezy Point which shows a median income of $68,831 (6.9% larger). Comparing median household income to the United States average of $62,843, Chickamaw Beach is only slightly larger. Also, in contrast to the state of Minnesota, median household income of $71,306, Chickamaw Beach is about 10.8% smaller.

The next section examines a variety of different income statistics for the Chickamaw Beach metropolitan area. In Figure 3 we see that it has the percentage of earnings between $10,000 and $14,999 the second smallest when ranked by median earnings of less than $10,000 of all the other places in the metro area at 4.4% of the total. Second, it has the smallest proportion of earnings between $15,000 and $19,999 at 24.4% of the total. Third, it has the largest proportion of earnings between $50,000 and $74,999 at 13.3% 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 38.0 which is less than most other places in the surrounding region. The city with the highest average hours in the area is Manhattan Beach which shows an average hours of 44.4 (16.8% 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 $34.52 which is the highest of all places in the greater Chickamaw Beach region. Comparing average hourly earnings to the United States average of $24.31, Chickamaw Beach is 42.0% larger. Also, in comparison with the state of Minnesota, average hourly earnings of $26.61, Chickamaw Beach is 29.7% larger.

Figure 7 examines the number of self employed people in the Chickamaw Beach metro area based on the number of people who reported any self employment income. Chickamaw Beach depicts it has a Self Employed of 1.9% which is the smallest when ranked by percentage of people self employed of all the other places in the surrounding region. The city with the highest percentage of people self employed in the area is Manhattan Beach which depicts a percentage self employed of 37.9% ( very much bigger).

Turning our attention to Figure 8, the median household income by age group, it has one of the largest proportions of median income-under 25 years at $69,107 of the total and is ranked #3. Only #2 Pequot Lakes ($69,375), and #1 Breezy Point ($77,232) are larger. Second, it has one of the largest proportions of median income-25 to 44 years at $65,625 of the total and is ranked #2. The only larger city being Breezy Point with $72,212. Third, it has one of the largest proportions of median income-45 to 64 years at $42,083 of the total and is ranked #3. Only #2 Pequot Lakes ($49,583), and #1 Breezy Point ($55,547) are larger.

Figure 9 breaks down the source of income and Chickamaw Beach has the largest proportion of self employment income at 21.6% of the total and is ranked #1. Second, it has the largest proportion of investment and retirement income at 19.4% 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 With Retirement Income of 37.7% which is more than all other places in the greater Chickamaw Beach region.

In the next chart, Figure 12, the median family income is shown for families broken down by racial group and has the percentage of overall family income in the mid point range of other places in the metro area at $68,375 of the total.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Chickamaw Beach depicts it has the hightest cost of 117.2 for the cost of utilities group.

Chickamaw Beach Minnesota 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-19 Pandemic the monthly unemployment rate went from 8.7% to 3.7% in February 2020. This represents a decrease in the monthly unemployment rate of 57.5%. Since that time, the monthly unemployment rate has gone to 5.4% This represents an increase in the monthly unemployment rate of 45.9%. 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 disasterous COVID-19 Pandemic the monthly labor force participation went from 35,906 to 37,176 in February 2020. This represents an increase in the monthly labor force participation of 3.5%. Since that time, the monthly labor force participation has gone to 37,513 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 Chickamaw Beach depicts it has a Unemployment Rate of 2.2% which is the third most unemployment rate of all other places in the greater Chickamaw Beach region. The city with the highest unemployment rate in the area is Backus which shows a rate of 2.4% (9.0% larger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Chickamaw Beach depicts it has a Labor Force Participation of 49.4% which is the smallest in order of participation rate of all the other places in the local 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). Chickamaw Beach has the largest proportion of unemployed at 50.6% 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. Chickamaw Beach depicts full time employees approximately 4.1 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 Chickamaw Beach area. Chickamaw Beach shows it has a Single Earner Families of 25.9% which is in the center range of other places in the metro area. The city with the highest families with a single earner in the area is Pine River which depicts a single earners rate of 38.3% (47.6% larger). The percentage of families with no one working is depicted in Figure 22. Chickamaw Beach shows it has a Families with No One Working of 40.7% which is is the uppermost of the places in the greater Chickamaw Beach region.

Chickamaw Beach Minnesota Poverty Charts

The next section details economy analysis about poverty for residents of the Chickamaw Beach 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. Chickamaw Beach depicts it has a Total In Poverty of 9 which is the second smallest in order of total people earning less than the poverty level of all the other places in the metro area. The city with the highest total people earning less than the poverty level in the area is Pequot Lakes which depicts a total people earning less than the poverty level of 209 ( substantially bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Chickamaw Beach depicts it has a Percent of Population In Poverty of 8.2% which is less than most other places in the area. The city with the highest percent of people earning less than the poverty level in the area is Backus which depicts a percent of people in poverty of 28.4% (approximately 3.5 times bigger).

In Figure 25 people who are in poverty are broken out by age group. Chickamaw Beach has the largest proportion of person in poverty 35 to 54 years at 78% 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. Chickamaw Beach has the largest proportion of highschool graduate and in poverty at 20% 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. Chickamaw Beach has the largest proportion of people who are in poverty and employed at 22.2% of the total and is ranked #1. Second, it has one of the largest proportions of people who are in poverty and unemployed at 33.3% of the total and is ranked #2. The only larger city being Manhattan Beach with 50.0%.

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Chickamaw Beach depicts it has a Gini Index of 36.4% which is the smallest when ranked by the gini index of all the other places in the area.

Chickamaw Beach Minnesota 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 Chickamaw Beach 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.) Chickamaw Beach has the smallest proportion of people who bicycle or walk to work at 2% of the total. Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Chickamaw Beach or elsewhere.) Chickamaw Beach has one of the largest proportions of people who drove alone at 83% of the total and is ranked #3. Only #2 Jenkins (84%), and #1 Breezy Point (86%) are larger. Second, it has one of the largest proportions of people who carpooled at 14% of the total and is ranked #2. The only larger city being Pine River with 19%. Third, it has the smallest proportion of people who work from home at 2% of the total.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Chickamaw Beach has the largest proportion of people who leave for work between 5am to 530am at 10% of the total and is ranked #1. Second, it has the largest proportion of people who leave for work between 6am to 630am at 29% 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. Chickamaw Beach has the smallest proportion of people with commute time of less than 5 minutesutes at 12% of the total. Second, it has the smallest proportion of people with commute time between 5 to 9 minutes at 7% of the total. Third, it has the largest proportion of people with commute time between 20 to 24 minutes at 15% of the total and is ranked #1. Also, it has the largest proportion of people with commute time between 25 to 29 minutes at 29% of the total and is ranked #1. In addition, it has one of the largest proportions of people with commute time between 40 to 44 minutes at 17% of the total and is ranked #2. The only larger city being Backus with 23%.

The average commute time is shown in Figure 37. Chickamaw Beach depicts it has a Avg Commute Time of 25 which is the second most average commute time of all the places in the greater Chickamaw Beach region. Figure 38 shows the difference between male versus female commuting time. Chickamaw Beach depicts average commute time in minutes for men 41.9% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Chickamaw Beach has the smallest proportion of no vehicle available at 2% of the total. Second, it has one of the largest proportions of 1 vehicle available at 64% of the total and is ranked #3. Only #2 Backus (67%), and #1 Manhattan Beach (68%) are larger. Third, it has the second smallest when ranked by no vehicle available of all the other places in the local area when ranked by 2 vehicles available at 12% of the total. Also, it has the largest proportion of 3 vehicles available at 14% of the total and is ranked #1. In addition, it has one of the largest proportions of 4 vehicles available at 7% of the total and is ranked #2. The only larger city being Pequot Lakes with 14%. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Chickamaw Beach depicts it has a Work in city or place where live of 5% which is the smallest as measured by people who both work and live in the same city of all the other places in the local area. The city with the highest people who both work and live in the same city in the area is Pine River which depicts a people who both work and live in the same city of 54% ( appreciably bigger). Comparing people who both work and live in the same city to the United States average of 42%, Chickamaw Beach is approximately a tenth the size. Also, measured against the state of Minnesota, people who both work and live in the same city of 34%, Chickamaw Beach is approximately a sixth the size.

Chickamaw Beach Minnesota 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. Chickamaw Beach depicts it has the hightest median earnings of $68,036 for the earnings-production, transportation, material moving occupations classification. Similarly, Figure 47 shows the median earnings of women for the job categories and Chickamaw Beach shows it has the hightest median earnings of $47,500 for the earnings-education, legal, community service, arts, media occupations grouping. The table in Figure 48, shows Chickamaw Beach employment data in terms of job categories and salary data.

Chickamaw Beach Minnesota 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. Chickamaw Beach depicts it has the hightest entrepreneurs of 100% 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. Chickamaw Beach depicts it has the hightest entrepreneurs of 100% for the self employed in construction classification.