Marine on St Croix Minnesota Income Charts

This section shows the Marine on St Croix Minnesota economy using the most recent economic analysis from the 2020 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Marine on St Croix shows it has a Median earnings of $78,500 which is the largest of all places in the greater Marine on St Croix region. Comparing median earnings per worker to the United States average of $49,041, Marine on St Croix is 60.1% larger. Also, versus the state of Minnesota, median earnings per worker of $52,993, Marine on St Croix is 48.1% 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 $96,250 which is the second most median income of all the places in the greater Marine on St Croix region. The city with the highest median household income in the area is Scandia which shows a median income of $97,167 ( about the same size). Comparing median household income to the United States average of $62,843, Marine on St Croix is 53.2% larger. Also, compared with the state of Minnesota, median household income of $71,306, Marine on St Croix is 35.0% larger.

The next section examines a variety of different income statistics for the Marine on St Croix metropolitan area. In Figure 3 we see that it has the smallest proportion of earnings between $15,000 and $19,999 at 16.0% of the total. Second, it has the largest proportion of earnings between $75,000 and $99,999 at 24.4% 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 38.8 which is the largest of all places in the greater Marine on St Croix 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 $38.91 which is the highest of all places in the greater Marine on St Croix region. Comparing average hourly earnings to the United States average of $24.31, Marine on St Croix is 60.1% larger. Also, in comparison with the state of Minnesota, average hourly earnings of $26.61, Marine on St Croix is 46.2% larger.

Figure 7 examines the number of self employed people in the Marine on St Croix metro area based on the number of people who reported any self employment income. Marine on St Croix depicts it has a Self Employed of 16.8% which is more than all other places in the greater Marine on St Croix 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 $141,250 of the total and is ranked #1. Second, it has the largest proportion of median income-25 to 44 years at $138,750 of the total and is ranked #1. Third, it has one of the largest proportions of median income-45 to 64 years at $60,250 of the total and is ranked #3. Only #2 Hugo ($62,618), and #1 Scandia ($70,982) are larger.

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 25.3% which is the second most of all the places in the local area. The city with the highest households with retirement income in the area is Scandia which shows a households with retirement income of 33.7% (33.0% 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 $138,750 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. Marine on St Croix shows it has the hightest cost of 175.1 for the cost of housing category.

Marine on St Croix 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 January 2006 to before the disasterous Coronavirus Pandemic the monthly unemployment rate went from 4.7% to 4.4% in March 2020. This represents a decrease in the monthly unemployment rate of 6.4%. Since that time, the monthly unemployment rate has gone to 6.7% This represents an increase in the monthly unemployment rate of 52.3%. 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 shows that from February 2010 to before the disasterous Coronavirus Pandemic the monthly labor force participation went from 12,657 to 13,740 in February 2020. This represents an increase in the monthly labor force participation of 8.6%. Since that time, the monthly labor force participation has gone to 13,130 This represents a decrease in the monthly labor force participation of 4.4%.

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 Marine on St Croix shows it has a Unemployment Rate of 3.4% which is the second most of all the places in the metropolitan area. The city with the highest unemployment rate in the area is Somerset which shows a rate of 4.3% (24.1% larger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Marine on St Croix depicts it has a Labor Force Participation of 64.5% which is the second smallest when sorted by participation rate of all the other places in the metro area.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Marine on St Croix depicts full time employees approximately 3.3 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 Marine on St Croix area. Marine on St Croix shows it has a Single Earner Families of 32.4% which is the second most families with a single earner of all the places in the greater Marine on St Croix region. The city with the highest families with a single earner in the area is Scandia which depicts a single earners rate of 36.1% (11.2% larger). The percentage of families with no one working is depicted in Figure 22. Marine on St Croix shows it has a Families with No One Working of 13.3% which is the third most of all other places in the local area. The city with the highest families with no one working in the area is Scandia which depicts a families with no worker of 22.5% (68.9% larger).

Marine on St Croix Minnesota Poverty Charts

The next section details economy analysis about poverty for residents of the Marine on St Croix 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. Marine on St Croix depicts it has a Total In Poverty of 85 which is less than most other places in the metropolitan area. The city with the highest total people earning less than the poverty level in the area is Stillwater which shows a total people earning less than the poverty level of 934 ( considerably bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Marine on St Croix shows it has a Percent of Population In Poverty of 11.6% which is the second most percent of people earning less than the poverty level of all the places in the greater Marine on St Croix region. The city with the highest percent of people earning less than the poverty level in the area is Osceola which shows a percent of people in poverty of 12.3% (6.4% larger).

In Figure 25 people who are in poverty are broken out by age group. Marine on St Croix has the smallest proportion of person in poverty 18 to 34 years at 6% of the total.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Marine on St Croix has the largest proportion of black poverty rate at 100% of the total and is ranked #1.

Figure 27 shows key poverty statistics for groups based on marriage status. Marine on St Croix has the largest proportion of married with children and in poverty at 57% of the total and is ranked #1. Second, it has the largest proportion of unmarried with children and in poverty at 57% 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. Marine on St Croix has the largest proportion of less than highschool in poverty at 22% 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. Marine on St Croix has the percentage of people who are in poverty and unemployed less than most other places in the local area at 12.9% 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.) Marine on St Croix shows it has a Public Assistance Percent of 3.3% which is in the center range of other places in the metropolitan area. The city with the highest households with public assistance in the area is Osceola which depicts a households with public assistance of 14.3% (approximately 4.3 times bigger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Marine on St Croix depicts it has a Gini Index of 43.8% which is the second most of all the places in the metro area.

Marine on St Croix 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 Marine on St Croix 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.) Marine on St Croix has the largest proportion of people who drive a car or motorcycle to work at 3% of the total and is ranked #1. Second, it has the largest proportion of people who bicycle or walk to work at 12% 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 Marine on St Croix or elsewhere.) Marine on St Croix has the percentage of people who carpooled less than most other places in the local area at 5% of the total. Second, it has the largest proportion of people who take the bus at 3% of the total and is ranked #1. Third, it has the largest proportion of people who work from home at 12% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Marine on St Croix has the percentage of people who leave for work between 12am to 5am less than most other places in the local area at 3% of the total. Second, it has the smallest proportion of people who leave for work between 6am to 630am at 11% of the total. Third, it has the smallest proportion of people who leave for work between 11am to 12noon at 5% of the total.

The next graph in Figure 36 shows the average number of minutes that it takes for people to commute to work. Marine on St Croix has the smallest proportion of people with commute time of less than 5 minutesutes at 2% of the total. Second, it has the smallest proportion of people with commute time between 5 to 9 minutes at 1% of the total. Third, it has the largest proportion of people with commute time between 40 to 44 minutes at 25% of the total and is ranked #1. Also, it has the largest proportion of people with commute time between 45 to 59 minutes at 13% of the total and is ranked #1.

The average commute time is shown in Figure 37. Marine on St Croix shows it has a Avg Commute Time of 37 which is the second most average commute time of all the places in the greater Marine on St Croix region. Figure 38 shows the difference between male versus female commuting time. Marine on St Croix depicts average commute time in minutes for men only about 4.6% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Marine on St Croix has the percentage of no vehicle available in the middle range of other places in the local area at 14% of the total. Second, it has one of the largest proportions of 1 vehicle available at 52% of the total and is ranked #2. The only larger city being Hugo with 57%. Third, it has less than most other places in the metro area in terms of 2 vehicles available at 21% of the total. Also, it has the largest proportion of 3 vehicles available at 12% of the total and is ranked #1. In addition, it has less than most other places in the surrounding region when sorted by 4 vehicles available at 1% of the total. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Marine on St Croix depicts it has a Work in city or place where live of 17% which is in the middle range of other places in the area. The city with the highest people who both work and live in the same city in the area is Osceola which shows a people who both work and live in the same city of 33% (about twice as large). Comparing people who both work and live in the same city to the United States average of 42%, Marine on St Croix is approximately half the size. Also, compared to the state of Minnesota, people who both work and live in the same city of 34%, Marine on St Croix is approximately half the size.

Marine on St Croix 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. Marine on St Croix shows it has the hightest median earnings of $171,250 for the earnings-healthcare practitioners and tech occupations category. Similarly, Figure 47 shows the median earnings of women for the job categories and Marine on St Croix depicts it has the hightest median earnings of $116,667 for the management, business, and financial occupations aggregate. The table in Figure 48, shows Marine on St Croix employment data in terms of job categories and salary data.

Marine on St Croix 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. Marine on St Croix depicts it has the hightest entrepreneurs of 61% for the self employed management, business, science, and arts businesses grouping.

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. Marine on St Croix depicts it has the hightest entrepreneurs of 39% for the self employed in professional, scientific, management, administrative services grouping.

In Figure 51 the average annual self employment/entrepreneur income is shown. Marine on St Croix indicates it has a Self Employment Income of $29,506 which is the third most average annual self employment income of all other places in the greater Marine on St Croix region. The city with the highest average annual self employment income in the area is Hugo which depicts an average annual self employment income of $40,197 (36.2% larger). Comparing average annual self employment income to the United States average of $39,154, Marine on St Croix is approximately three-fourths the size. Also, measured against the state of Minnesota, average annual self employment income of $36,330, Marine on St Croix is about 23.1% smaller.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Marine on St Croix depicts total number of self-employed men about 10.0% smaller as the total number of self-employed women.