Meire Grove Minnesota Income Charts

This section shows the Meire Grove Minnesota economy using the most recent economic analysis from the 2020 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Meire Grove depicts it has a Median earnings of $37,500 which is the smallest in order of median earnings per worker of all the other places in the surrounding region. The city with the highest median earnings per worker in the area is Spring Hill which depicts a median earnings of $48,750 (30.0% larger). Comparing median earnings per worker to the United States average of $49,041, Meire Grove is approximately three-fourths the size. Also, measured against the state of Minnesota, median earnings per worker of $52,993, Meire Grove 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 $59,583 which is the second most median income of all the places in the greater Meire Grove region. The city with the highest median household income in the area is Greenwald which shows a median income of $63,125 (only about 5.9% larger). Comparing median household income to the United States average of $62,843, Meire Grove is about 5.5% smaller. Also, measured against the state of Minnesota, median household income of $71,306, Meire Grove is about 19.7% smaller.

The next section examines a variety of different income statistics for the Meire Grove metropolitan area. In Figure 3 we see that it it has the largest proportion of earnings less than $10,000 at 8.2% of the total and is ranked #1. Second, it has the largest proportion of earnings between $20,000 and $49,999 at 30.3% of the total and is ranked #1. Third, it has the smallest proportion of earnings between $75,000 and $99,999 at 0.8% of the total.

Figure 5 has the Average number of hours worked in a typical work week during the year, it has a Avg Hours Worked of 40.0 which is in the mid point range of other places in the greater region. The city with the highest average hours in the area is Greenwald which depicts an average hours of 42.7 (6.8% 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 $18.03 which is the smallest as measured by average hourly earnings of all the other places in the metro area. The city with the highest average hourly earnings in the area is Spring Hill which depicts an average hourly earnings of $22.37 (24.1% larger). Comparing average hourly earnings to the United States average of $24.31, Meire Grove is approximately three-fourths the size. Also, compared with the state of Minnesota, average hourly earnings of $26.61, Meire Grove is approximately three-fourths the size.

Figure 7 examines the number of self employed people in the Meire Grove metro area based on the number of people who reported any self employment income. Meire Grove shows it has a Self Employed of 9.8% which is the third most people self employed of all other places in the greater Meire Grove region. The city with the highest percentage of people self employed in the area is Sauk Centre which shows a percentage self employed of 12.5% (28.4% larger).

Turning our attention to Figure 8, the median household income by age group, has the percentage of median income-under 25 years the second smallest in order of median income for those under 25 years of age of all the other places in the surrounding region at $58,125 of the total. Second, it has one of the largest proportions of median income-25 to 44 years at $75,000 of the total and is ranked #3. Only #2 Greenwald ($78,750), and #1 Melrose ($88,409) are larger. Third, it has the largest proportion of median income-45 to 64 years at $36,250 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 7.3% which is the smallest as measured by households with retirement income of all the other places in the metro area. The city with the highest households with retirement income in the area is Spring Hill which depicts a households with retirement income of 36.1% (approximately 4.9 times bigger).

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 $78,750 of the total and is ranked #2. The only larger city being Melrose with $89,091.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Meire Grove shows it has the hightest cost of 117.2 for the cost of utilities grouping.

Meire Grove 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 shows that from February 2010 to before the disasterous Covid-19 virus 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 5.6% This represents an increase in the monthly unemployment rate of 51.4%. 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 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 37,265 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 Meire Grove depicts it has a Unemployment Rate of 0.7% which is the second smallest when sorted by unemployment rate of all the other places in the area. The city with the highest unemployment rate in the area is New Munich which depicts a rate of 3.3% (approximately 4.8 times bigger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Meire Grove depicts it has a Labor Force Participation of 80.8% which is more than all 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). Meire Grove has the smallest proportion of unemployed at 19.2% of the total.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Meire Grove 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 Meire Grove area. Meire Grove shows it has a Single Earner Families of 22.9% which is the third most families with a single earner of all other places in the greater Meire Grove region. The city with the highest families with a single earner in the area is Sauk Centre which depicts a single earners rate of 27.8% (21.6% larger). The percentage of families with no one working is depicted in Figure 22. Meire Grove depicts it has a Families with No One Working of 20.0% which is the third most families with no one working of all other places in the greater Meire Grove region. The city with the highest families with no one working in the area is Spring Hill which shows a families with no worker of 23.1% (15.4% larger).

Meire Grove Minnesota Poverty Charts

The next section details economy analysis about poverty for residents of the Meire Grove 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. Meire Grove depicts it has a Total In Poverty of 13 which is less than most other places in the area. The city with the highest total people earning less than the poverty level in the area is Sauk Centre which depicts a total people earning less than the poverty level of 377 ( markedly bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Meire Grove depicts it has a Percent of Population In Poverty of 6.8% which is in the mid range of other places in the local area. The city with the highest percent of people earning less than the poverty level in the area is Spring Hill which depicts a percent of people in poverty of 14.5% (about twice as large).

In Figure 25 people who are in poverty are broken out by age group. Meire Grove has the largest proportion of person in poverty under 12 years at 15% of the total and is ranked #1. Second, it has the largest proportion of person in poverty 12 to 17 years at 54% of the total and is ranked #1. Third, it has the largest proportion of person in poverty 18 to 34 years at 23% of the total and is ranked #1. Also, it has the smallest proportion of person in poverty 55 to 64 years at 8% of the total.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Meire Grove has the percentage of less than highschool in poverty the second smallest when sorted by less than highschool in poverty of all the other places in the area at 2% 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.) Meire Grove depicts it has a Public Assistance Percent of 9.8% which is the third most households with public assistance of all other places in the greater Meire Grove region. The city with the highest households with public assistance in the area is Sauk Centre which depicts a households with public assistance of 11.0% (12.3% larger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Meire Grove depicts it has a Gini Index of 30.2% which is the smallest as measured by the gini index of all the other places in the metro area.

Meire Grove Minnesota Work Commute Charts

Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Meire Grove or elsewhere.) Meire Grove has the largest proportion of people who carpooled at 9% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Meire Grove has the smallest proportion of people who leave for work between 5am to 530am at 1% of the total. Second, it has the largest proportion of people who leave for work between 530 am to 6am at 13% 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. Meire Grove has one of the largest proportions of people with commute time of less than 5 minutesutes at 25% of the total and is ranked #2. The only larger city being Sauk Centre with 29%. Second, it has in the center range of other places in the metro area when sorted by people with commute time between 5 to 9 minutes at 16% of the total. Third, it has the second smallest as measured by people with commute time of less than 5 minutes of all the other places in the greater region when ranked by people with commute time between 10 to 14 minutes at 6% of the total. Also, it has the largest proportion of people with commute time between 25 to 29 minutes at 12% of the total and is ranked #1. In addition, it has the smallest proportion of people with commute time between 35 to 39 minutes at 2% of the total. Furthermore, it has the largest proportion of people with commute time between 40 to 44 minutes at 12% of the total and is ranked #1.

The average commute time is shown in Figure 37. Meire Grove depicts it has a Avg Commute Time of 18 which is less than most other places in the metropolitan area. Figure 38 shows the difference between male versus female commuting time. Meire Grove depicts average commute time in minutes for men 42.6% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Meire Grove has the largest proportion of no vehicle available at 20% of the total and is ranked #1. Second, it has one of the largest proportions of 1 vehicle available at 54% of the total and is ranked #3. Only #2 Sauk Centre (56%), and #1 Spring Hill (68%) are larger. Third, it has the smallest proportion of 2 vehicles available at 8% of the total. Also, it has the largest proportion of 3 vehicles available at 15% 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.) Meire Grove depicts it has a Work in city or place where live of 12% which is the second smallest when ranked by people who both work and live in the same city of all the other places in the surrounding region. The city with the highest people who both work and live in the same city in the area is Sauk Centre which shows a people who both work and live in the same city of 55% (approximately 4.6 times bigger). Comparing people who both work and live in the same city to the United States average of 42%, Meire Grove is approximately a third the size. Also, compared to the state of Minnesota, people who both work and live in the same city of 34%, Meire Grove is approximately a third the size.

Meire Grove 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. Meire Grove shows it has the hightest median earnings of $59,286 for the earnings-sales and office occupations grouping. Similarly, Figure 47 shows the median earnings of women for the job categories and Meire Grove shows it has the hightest median earnings of $35,000 for the earnings-sales and office occupations classification. The table in Figure 48, shows Meire Grove employment data in terms of job categories and salary data.

Meire Grove 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. Meire Grove depicts it has the hightest entrepreneurs of 75% for the self employed in service businesses aggregate.

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. Meire Grove depicts it has the hightest entrepreneurs of 25% for the self employed in agriculture, forestry, fishing and hunting, and mining aggregate.

In Figure 51 the average annual self employment/entrepreneur income is shown. Meire Grove depicts it has a Self Employment Income of $22,038 which is the third most average annual self employment income of all other places in the greater Meire Grove region. The city with the highest average annual self employment income in the area is Sauk Centre which shows an average annual self employment income of $31,629 (43.5% larger). Comparing average annual self employment income to the United States average of $39,154, Meire Grove is approximately half the size. Also, in comparison with the state of Minnesota, average annual self employment income of $36,330, Meire Grove is approximately three-fourths the size.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Meire Grove shows total number of self-employed men about the same size as the total number of self-employed women.