Pine Point CDP Minnesota Income Charts

This section shows the Pine Point CDP Minnesota economy using the most recent economic analysis from the 2020 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Pine Point CDP depicts it has a Median earnings of $31,667 which is the second smallest as measured by median earnings per worker of all the other places in the metro area. The place with the highest median earnings per worker in the area is Menahga which shows a median earnings of $50,388 (59.1% larger). Comparing median earnings per worker to the United States average of $49,041, Pine Point CDP is approximately three-fourths the size. Also, compared to the state of Minnesota, median earnings per worker of $52,993, Pine Point CDP 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 $26,477 which is the second smallest in order of median household income of all the other places in the metropolitan area. The place with the highest median household income in the area is Twin Lakes CDP which shows a median income of $57,222 (about twice as large). Comparing median household income to the United States average of $62,843, Pine Point CDP is approximately half the size. Also, benchmarked against the state of Minnesota, median household income of $71,306, Pine Point CDP is approximately a third the size.

The next section examines a variety of different income statistics for the Pine Point CDP metropolitan area. In Figure 3 we see that it has the smallest proportion of earnings less than $10,000 at 2.3% of the total. Second, it has less than most other places in the greater region in order of earnings between $10,000 and $14,999 at 4.7% of the total. Third, it has the smallest proportion of earnings between $15,000 and $19,999 at 23.3% 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 32.9 which is the second smallest when ranked by average hours of all the other places in the metro area. The place with the highest average hours in the area is Osage CDP which depicts an average hours of 39.0 (18.5% 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 $18.51 which is the third most average hourly earnings of all other places in the greater Pine Point CDP region. The place with the highest average hourly earnings in the area is Menahga which depicts an average hourly earnings of $25.57 (38.1% larger). Comparing average hourly earnings to the United States average of $24.31, Pine Point CDP is approximately three-fourths the size. Also, in comparison with the state of Minnesota, average hourly earnings of $26.61, Pine Point CDP is approximately three-fourths the size.

Figure 7 examines the number of self employed people in the Pine Point CDP metro area based on the number of people who reported any self employment income. Pine Point CDP depicts it has a Self Employed of 3.2% which is the smallest in order of percentage of people self employed of all the other places in the local area. The place with the highest percentage of people self employed in the area is Twin Lakes CDP which shows a percentage self employed of 13.4% (approximately 4.2 times bigger).

Turning our attention to Figure 8, the median household income by age group, has the percentage of median income-under 25 years less than most other places in the area at $35,750 of the total. Second, it has the second smallest in order of median income for those under 25 years of age of all the other places in the local area in terms of median income-25 to 44 years at $25,985 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 5.3% which is the smallest in terms of households with retirement income of all the other places in the metro area. The place with the highest households with retirement income in the area is Menahga which depicts a households with retirement income of 28.5% ( very much 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 black family income at $26,288 of the total and is ranked #2. The only larger place being Twin Lakes CDP with $55,000.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Pine Point CDP depicts it has the hightest cost of 117.2 for the cost of utilities aggregate.

Pine Point CDP 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 Pandemic the monthly unemployment rate went from 4.6% to 2.4% in February 2020. This represents a decrease in the monthly unemployment rate of 47.8%. Since that time, the monthly unemployment rate has gone to 2.6% This represents an increase in the monthly unemployment rate of 8.3%. 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 Covid-19 virus Pandemic the monthly labor force participation went from 21,732 to 24,812 in February 2020. This represents an increase in the monthly labor force participation of 14.2%. Since that time, the monthly labor force participation has gone to 24,550 This represents a decrease 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 Pine Point CDP depicts it has a Unemployment Rate of 16.7% which is the most of all places in the greater Pine Point CDP region. Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Pine Point CDP shows it has a Labor Force Participation of 35.0% which is the second smallest in terms of participation rate of all the other places in the metro 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). Pine Point CDP has the largest proportion of employed at 16.7% of the total and is ranked #1. Second, it has one of the largest proportions of unemployed at 65.0% of the total and is ranked #2. The only larger place being Elbow Lake CDP with 66.1%.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Pine Point CDP shows full time employees approximately half the size 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 Pine Point CDP area. Pine Point CDP shows it has a Single Earner Families of 63.6% which is more than all other places in the greater Pine Point CDP region. The percentage of families with no one working is depicted in Figure 22. Pine Point CDP depicts it has a Families with No One Working of 13.6% which is the smallest when ranked by families with no one working of all the other places in the surrounding region. The place with the highest families with no one working in the area is Elbow Lake CDP which depicts a families with no worker of 50.0% (approximately 3.7 times bigger).

Pine Point CDP Minnesota Poverty Charts

The next section details economy analysis about poverty for residents of the Pine Point 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. Pine Point CDP depicts it has a Total In Poverty of 244 which is the second most total people earning less than the poverty level of all the places in the greater Pine Point CDP region. The place with the highest total people earning less than the poverty level in the area is Park Rapids which shows a total people earning less than the poverty level of 968 (approximately 4.0 times bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Pine Point CDP shows it has a Percent of Population In Poverty of 67.6% which is the largest of all places in the metro area.

In Figure 25 people who are in poverty are broken out by age group. Pine Point CDP has one of the largest proportions of person in poverty 35 to 54 years at 20% of the total and is ranked #2. The only larger place being Elbow Lake CDP with 29%.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Pine Point CDP has the largest proportion of black poverty rate at 75% of the total and is ranked #1. Second, it has one of the largest proportions of american indian poverty rate at 33% of the total and is ranked #2. The only larger place being Park Rapids with 100%. Third, it has less than most other places in the metro area when sorted by hawaiian poverty rate at 13% of the total.

Figure 27 shows key poverty statistics for groups based on marriage status. Pine Point CDP has the largest proportion of married with children and in poverty at 74% of the total and is ranked #1. Second, it has the largest proportion of unmarried with children and in poverty at 94% of the total and is ranked #1. Third, it has one of the largest proportions of unmarried female with children and in poverty at 10% of the total and is ranked #3. Only #2 Naytahwaush CDP (38%), and #1 Twin Lakes CDP (100%) are larger.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Pine Point CDP has the largest proportion of less than highschool in poverty at 66% of the total and is ranked #1. Second, it has the largest proportion of has some college and in poverty at 100% 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. Pine Point CDP has the largest proportion of people who are in poverty and employed at 14.3% of the total and is ranked #1. Second, it has the largest proportion of people who are in poverty and unemployed at 25.8% of the total and is ranked #1. 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.) Pine Point CDP shows it has a Public Assistance Percent of 75.8% which is at the top of all other places in the greater Pine Point CDP region.

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Pine Point CDP depicts it has a Gini Index of 39.4% which is the second smallest when ranked by the gini index of all the other places in the local area.

Pine Point CDP Minnesota Work Commute Charts

Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Pine Point CDP or elsewhere.) Pine Point CDP has the largest proportion of people who drove alone at 95% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Pine Point CDP has the largest proportion of people who leave for work between 530 am to 6am at 16% of the total and is ranked #1. Second, it has the largest proportion of people who leave for work between 8am to 830am at 11% 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. Pine Point CDP has the percentage of people with commute time of less than 5 minutesutes in the mid range of other places in the greater region at 14% of the total. Second, it has the second smallest in terms of people with commute time of less than 5 minutes of all the other places in the local area when ranked by people with commute time between 5 to 9 minutes at 3% of the total. Third, it has the second smallest when sorted by people with commute time of less than 5 minutes of all the other places in the metro area when ranked by people with commute time between 10 to 14 minutes at 3% of the total. Also, it has the largest proportion of people with commute time between 25 to 29 minutes at 30% of the total and is ranked #1. In addition, it has the largest proportion of people with commute time between 45 to 59 minutes at 16% of the total and is ranked #1.

The average commute time is shown in Figure 37. Pine Point CDP depicts it has a Avg Commute Time of 31 which is the largest of all places in the greater Pine Point CDP region. Figure 38 shows the difference between male versus female commuting time. Pine Point CDP indicates average commute time in minutes for men 54.9% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Pine Point CDP has one of the largest proportions of no vehicle available at 38% of the total and is ranked #2. The only larger place being Naytahwaush CDP with 52%. Second, it has the largest proportion of 1 vehicle available at 57% of the total and is ranked #1. Third, it has less than most other places in the local area when ranked by 3 vehicles available at 3% of the total. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Pine Point CDP shows it has a Work in city or place where live of 3% which is the second smallest as measured by people who both work and live in the same city of all the other places in the metro area. The place with the highest people who both work and live in the same city in the area is Park Rapids which shows a people who both work and live in the same city of 74% ( considerably bigger). Comparing people who both work and live in the same city to the United States average of 42%, Pine Point CDP is only about 6.5% the size. Also, benchmarked against the state of Minnesota, people who both work and live in the same city of 34%, Pine Point CDP is approximately a twelfth the size.

Pine Point CDP Minnesota Jobs Charts

The table in Figure 48, shows Pine Point CDP employment data in terms of job categories and salary data.