Oak Park Heights Minnesota Income Charts

This section shows the Oak Park Heights Minnesota economy using the most recent economic analysis from the 2020 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Oak Park Heights depicts it has a Median earnings of $57,917 which is less than most other places in the greater region. The city with the highest median earnings per worker in the area is Grant which shows a median earnings of $86,738 (49.8% larger). Comparing median earnings per worker to the United States average of $49,041, Oak Park Heights is 18.1% larger. Also, in comparison with the state of Minnesota, median earnings per worker of $52,993, Oak Park Heights is 9.3% 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 $61,181 which is the smallest when sorted by median household income of all the other places in the local area. The city with the highest median household income in the area is Lake Elmo which depicts a median income of $118,421 (about twice as large). Comparing median household income to the United States average of $62,843, Oak Park Heights is only about 2.7% smaller. Also, compared to the state of Minnesota, median household income of $71,306, Oak Park Heights is about 16.5% smaller.

The next section examines a variety of different income statistics for the Oak Park Heights metropolitan area. In Figure 3 we see that it has the percentage of earnings between $75,000 and $99,999 the second smallest as measured by median earnings of less than $10,000 of all the other places in the greater region at 7.2% 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 35.1 which is the second smallest when sorted by average hours of all the other places in the surrounding region. The city with the highest average hours in the area is Lake Elmo which depicts an average hours of 39.4 (12.3% 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 $31.73 which is in the mid range of other places in the local area. The city with the highest average hourly earnings in the area is Grant which depicts an average hourly earnings of $43.33 (36.5% larger). Comparing average hourly earnings to the United States average of $24.31, Oak Park Heights is 30.5% larger. Also, measured against the state of Minnesota, average hourly earnings of $26.61, Oak Park Heights is 19.3% larger.

Figure 7 examines the number of self employed people in the Oak Park Heights metro area based on the number of people who reported any self employment income. Oak Park Heights depicts it has a Self Employed of 6.7% which is the second smallest in terms of percentage of people self employed of all the other places in the local area. The city with the highest percentage of people self employed in the area is Grant which depicts a percentage self employed of 18.1% (approximately 2.7 times bigger).

Turning our attention to Figure 8, the median household income by age group, has the smallest proportion of median income-under 25 years at $69,524 of the total. Second, it has less than most other places in the greater region as measured by median income-25 to 44 years at $101,548 of the total. Third, it has the second smallest in terms of median income for those under 25 years of age of all the other places in the greater region when ranked by median income-45 to 64 years at $39,401 of the total.

Figure 9 breaks down the source of income and Oak Park Heights has the largest proportion of self employment income at 23.9% of the total and is ranked #1. Second, it has the largest proportion of investment and retirement income at 12.7% 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 a With Retirement Income of 32.7% which is more than all other places in the greater Oak Park Heights 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 the second smallest as measured by overall family income of all the other places in the surrounding region at $94,850 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. Oak Park Heights shows it has the hightest cost of 134.2 for the cost of housing grouping.

Oak Park Heights 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 Coronavirus Pandemic the monthly unemployment rate went from 7.8% to 3.2% in February 2020. This represents a decrease in the monthly unemployment rate of 59.0%. Since that time, the monthly unemployment rate has gone to 4.3% This represents an increase in the monthly unemployment rate of 34.4%. 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 shows that from February 2010 to before the disasterous Coronavirus Pandemic the monthly labor force participation went from 15,565 to 16,275 in February 2020. This represents an increase in the monthly labor force participation of 4.6%. Since that time, the monthly labor force participation has gone to 15,630 This represents a decrease in the monthly labor force participation of 4.0%.

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 Oak Park Heights depicts it has a Unemployment Rate of 0.3% which is less than most other places in the metro area. The city with the highest unemployment rate in the area is Lake Elmo which shows a rate of 2.2% ( markedly bigger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Oak Park Heights depicts it has a Labor Force Participation of 40.5% which is the smallest in order of 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). Oak Park Heights has the largest proportion of unemployed at 59.5% 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. Oak Park Heights shows full time employees 60.4% larger 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 Oak Park Heights area. Oak Park Heights depicts it has a Single Earner Families of 22.3% which is the second most families with a single earner of all the places in the greater Oak Park Heights region. The city with the highest families with a single earner in the area is Lake Elmo which depicts a single earners rate of 24.4% (9.6% larger). The percentage of families with no one working is depicted in Figure 22. Oak Park Heights shows it has a Families with No One Working of 18.1% 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 Grant which shows a families with no worker of 24.1% (33.5% larger).

Oak Park Heights Minnesota Poverty Charts

The next section details economy analysis about poverty for residents of the Oak Park Heights 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. Oak Park Heights depicts it has a Total In Poverty of 197 which is the third most total people earning less than the poverty level of all other places in the greater Oak Park Heights region. The city with the highest total people earning less than the poverty level in the area is Stillwater which depicts a total people earning less than the poverty level of 934 (approximately 4.7 times bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Oak Park Heights shows it has a Percent of Population In Poverty of 5.2% which is in the mid point range of other places in the surrounding region. The city with the highest percent of people earning less than the poverty level in the area is Houlton CDP which shows a percent of people in poverty of 9.2% (75.8% larger).

In Figure 25 people who are in poverty are broken out by age group. Oak Park Heights has one of the largest proportions of person in poverty under 12 years at 13% of the total and is ranked #3. Only #2 Grant (14%), and #1 Lake Elmo (15%) are larger. Second, it has less than most other places in the metro area in terms of person in poverty 18 to 34 years at 11% of the total. Third, it has the largest proportion of person in poverty 35 to 54 years at 24% of the total and is ranked #1.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Oak Park Heights has the largest proportion of black poverty rate at 100% of the total and is ranked #1. Second, it has the largest proportion of american indian poverty rate at 35% of the total and is ranked #1.

Figure 27 shows key poverty statistics for groups based on marriage status. Oak Park Heights has the percentage of married with children and in poverty the second smallest in terms of married with children and in poverty of all the other places in the greater region at 13% of the total. Second, it has less than most other places in the local area when ranked by unmarried with children and in poverty at 17% of the total. Figure 29 looks at only those people who make less than the poverty level of income and breaks down there employment status. Oak Park Heights has one of the largest proportions of people who are in poverty and unemployed at 13.2% of the total and is ranked #3. Only #2 Stillwater (14.9%), and #1 Houlton CDP (100.0%) are larger. 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.) Oak Park Heights depicts it has a Public Assistance Percent of 6.6% which is the largest of all places in the greater Oak Park Heights region.

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Oak Park Heights depicts it has a Gini Index of 44.3% which is the second most the gini index of all the places in the greater Oak Park Heights region.

Oak Park Heights Minnesota Work Commute Charts

Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Oak Park Heights or elsewhere.) Oak Park Heights has the largest proportion of people who drove alone at 90% of the total and is ranked #1. Second, it has the smallest proportion of people who carpooled at 2% of the total.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Oak Park Heights has the largest proportion of people who leave for work between 12am to 5am at 8% of the total and is ranked #1. Second, it has the smallest proportion of people who leave for work between 630 am to 7am at 13% of the total.

The next graph in Figure 36 shows the average number of minutes that it takes for people to commute to work. Oak Park Heights has the percentage of people with commute time between 5 to 9 minutes in the mid point range of other places in the area at 17% of the total. Second, it has the smallest proportion of people with commute time between 15 to 19 minutes at 6% of the total. Third, it has the largest proportion of people with commute time between 45 to 59 minutes at 8% of the total and is ranked #1. Also, it has the largest proportion of people with commute time between 60 to 89 minutes at 3% of the total and is ranked #1.

The average commute time is shown in Figure 37. Oak Park Heights shows it has a Avg Commute Time of 28 which is ranked #1 of all places in the greater Oak Park Heights region. Figure 38 shows the difference between male versus female commuting time. Oak Park Heights shows average commute time in minutes for men 53.3% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Oak Park Heights has the largest proportion of no vehicle available at 22% of the total and is ranked #1. Second, it has one of the largest proportions of 1 vehicle available at 51% of the total and is ranked #3. Only #2 North Hudson (52%), and #1 Bayport (56%) are larger. Third, it has less than most other places in the metro area when sorted by 2 vehicles available at 21% of the total. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Oak Park Heights shows it has a Work in city or place where live of 11% which is less than most other places in the metro area. The city with the highest people who both work and live in the same city in the area is Stillwater which shows a people who both work and live in the same city of 28% (approximately 2.5 times bigger). Comparing people who both work and live in the same city to the United States average of 42%, Oak Park Heights is approximately a third the size. Also, measured against the state of Minnesota, people who both work and live in the same city of 34%, Oak Park Heights is approximately a third the size.

Oak Park Heights 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. Oak Park Heights shows it has the hightest median earnings of $87,583 for the earnings-education, legal, community service, arts, media occupations classification. Similarly, Figure 47 shows the median earnings of women for the job categories and Oak Park Heights depicts it has the hightest median earnings of $82,656 for the management, business, and financial occupations grouping. The table in Figure 48, shows Oak Park Heights employment data in terms of job categories and salary data.

Oak Park Heights 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. Oak Park Heights shows it has the hightest entrepreneurs of 57% for the self employed management, business, science, and arts 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. Oak Park Heights depicts it has the hightest entrepreneurs of 31% for the self employed in construction category.

In Figure 51 the average annual self employment/entrepreneur income is shown. Oak Park Heights depicts it has a Self Employment Income of $18,663 which is the second smallest when ranked by average annual self employment income of all the other places in the local area. The city with the highest average annual self employment income in the area is Lake Elmo which shows an average annual self employment income of $68,411 (approximately 3.7 times bigger). Comparing average annual self employment income to the United States average of $39,154, Oak Park Heights is approximately half the size. Also, in comparison with the state of Minnesota, average annual self employment income of $36,330, Oak Park Heights is approximately half the size.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Oak Park Heights shows total number of self-employed men approximately 2.6 times bigger as the total number of self-employed women.