Red Lake Falls township Minnesota Income Charts

This section shows the Red Lake Falls township Minnesota economy using the most recent economic analysis from the 2019 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Red Lake Falls township indicates it has a median earnings per worker of $36,563 which is the smallest when sorted by median earnings per worker of all the other places in the local area. The city with the highest median earnings per worker in the area is Brooks which shows a median earnings of $49,250 (34.7% larger). Comparing median earnings per worker to the United States average of $47,712, Red Lake Falls township is approximately three-fourths the size. Also, in contrast to the state of Minnesota, median earnings per worker of $51,758, Red Lake Falls township 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 $50,833 which is in the mid point range of other places in the greater region. The city with the highest median household income in the area is Red Lake Falls which shows a median income of $54,306 (6.8% larger). Comparing median household income to the United States average of $60,293, Red Lake Falls township is about 18.6% smaller. Also, in contrast to the state of Minnesota, median household income of $68,411, Red Lake Falls township is approximately three-fourths the size.

The next section examines a variety of different income statistics for the Red Lake Falls township metropolitan area. In Figure 3 we see that it it has one of the largest proportions of earnings less than $10,000 at 19.3% of the total and is ranked #3. Only #2 Brooks (20.0%), and #1 Crookston (26.4%) are larger. Second, it has the second smallest in terms of median earnings of less than $10,000 of all the other places in the area when sorted by earnings of $100,000 more at 2.8% of the total.

Figure 5 has the Average number of hours worked in a typical work week during the year, it has an average hours of 41.4 which is the second most average hours of all the places in the greater Red Lake Falls township region. The city with the highest average hours in the area is Brooks which shows an average hours of 46.2 (11.6% larger). Dividing median annual worker earnings by the average number of hours worked in a year in Figure 6 shows that it has an average hourly earnings of $16.98 which is the smallest in order of average hourly earnings of all the other places in the local area. The city with the highest average hourly earnings in the area is Red Lake Falls which depicts an average hourly earnings of $21.76 (28.1% larger). Comparing average hourly earnings to the United States average of $23.71, Red Lake Falls township is approximately three-fourths the size. Also, compared to the state of Minnesota, average hourly earnings of $25.99, Red Lake Falls township is approximately three-fourths the size.

Figure 7 examines the number of self employed people in the Red Lake Falls township metro area based on the number of people who reported any self employment income. Red Lake Falls township depicts it has a percentage of people self employed of 22.4% which is more than all other places in the greater Red Lake Falls township region.

Turning our attention to Figure 8, the median household income by age group, it has the largest proportion of median income-25 to 44 years at $83,214 of the total and is ranked #1. Second, it has the second smallest when sorted by median income for those under 25 years of age of all the other places in the local area when sorted by median income-45 to 64 years at $50,208 of the total. Third, it has one of the largest proportions of median income-65 years and over at $36,932 of the total and is ranked #2. The only larger city being St Hilaire with $49,063.

Figure 9 breaks down the source of income and Red Lake Falls township has the smallest proportion of income from wages at 55.9% of the total. Second, it has the largest proportion of self employment income at 21.2% of the total and is ranked #1. Third, it has the smallest proportion of investment and retirement income at 5.3% of the total. Also, it has the largest proportion of social security at 17.5% 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 households with retirement income of 21.1% which is the largest of all places in the greater Red Lake Falls township region.

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 $78,393 of the total and is ranked #2. The only larger city being Red Lake Falls with $78,516. Second, it has one of the largest proportions of white family income at $78,393 of the total and is ranked #2. The only larger city being Red Lake Falls with $79,063.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Red Lake Falls township shows it has the hightest cost of 117.2 for the cost of utilities classification.

Red Lake Falls township 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 Wuhan Coronavirus Pandemic the monthly unemployment rate went from 3.5% to 1.8% in December 2019. This represents a decrease in the monthly unemployment rate of 48.6%. Since that time, the monthly unemployment rate has gone to 1.8% This represents an increase in the monthly unemployment rate of very little. 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 January 2010 to before the disasterous Coronavirus Pandemic the monthly labor force participation went from 30,685 to 30,999 in November 2019. This represents an increase in the monthly labor force participation of very little. Since that time, the monthly labor force participation has gone to 30,999 This represents an increase in the monthly labor force participation of very little. Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Red Lake Falls township shows it has a participation rate of 57.9% which is the second smallest when ranked by 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). Red Lake Falls township has one of the largest proportions of not in labor force at 42.1% of the total and is ranked #2. The only larger city being Brooks with 42.4%.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Red Lake Falls township shows full time employees quite a bit 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 Red Lake Falls township area. Red Lake Falls township shows it has a families with a single earner of 14.3% which is the second smallest when sorted by families with a single earner of all the other places in the local area. The city with the highest families with a single earner in the area is Brooks which depicts a single earners rate of 40.7% (approximately 2.9 times bigger). The percentage of families with no one working is depicted in Figure 22. Red Lake Falls township depicts it has a families with no one working of 7.1% which is less than most other places in the metro area. The city with the highest families with no one working in the area is Thief River Falls which depicts a families with no worker of 15.4% (about twice as large).

Red Lake Falls township Minnesota Poverty Charts

The next section details economy analysis about poverty for residents of the Red Lake Falls township 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. Red Lake Falls township indicates it has a total people earning less than the poverty level of 3 which is the smallest as measured by total people earning less than the poverty level of all the other places in the area. The city with the highest total people earning less than the poverty level in the area is Crookston which indicates a total people earning less than the poverty level of 1,186 ( quite a bit bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Red Lake Falls township shows it has a percent of people earning less than the poverty level of 1.8% which is the smallest when sorted by percent of people earning less than the poverty level of all the other places in the greater region. The city with the highest percent of people earning less than the poverty level in the area is St Hilaire which shows a percent of people in poverty of 19.2% ( substantially bigger).

In Figure 25 people who are in poverty are broken out by age group. Red Lake Falls township has the largest proportion of person in poverty 35 to 54 years at 100% of the total and is ranked #1.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Red Lake Falls township has the smallest proportion of white poverty rate at 1% of the total. Second, it has the largest proportion of american indian poverty rate at 100% 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. Red Lake Falls township has the largest proportion of less than highschool in poverty at 100% of the total and is ranked #1. Second, it has the smallest proportion of highschool graduate and in poverty at 4% 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. Red Lake Falls township has the largest proportion of people who are in poverty and not in labor force at 100.0% 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.) Red Lake Falls township depicts it has a households with public assistance of 2.6% which is the smallest in terms of households with public assistance of all the other places in the local area. The city with the highest households with public assistance in the area is Brooks which shows a households with public assistance of 19.4% ( very much bigger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Red Lake Falls township shows it has a the gini index of 32.6% which is the smallest in order of the gini index of all the other places in the greater region.

Red Lake Falls township 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 Red Lake Falls township 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.) Red Lake Falls township has the smallest proportion of people who drive a car or motorcycle to work at 86% of the total. Second, it has the largest proportion of people who bicycle or walk to work at 11% 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 Red Lake Falls township or elsewhere.) Red Lake Falls township has the smallest proportion of people who carpooled at 2% of the total. Second, it has the largest proportion of people who walked at 11% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Red Lake Falls township has one of the largest proportions of people who leave for work between 5am to 530am at 10% of the total and is ranked #2. The only larger city being Brooks with 14%. Second, it has the largest proportion of people who leave for work between 7am to 730am at 27% of the total and is ranked #1. Third, it has the largest proportion of people who leave for work between 830 am to 9am at 9% of the total and is ranked #1. Also, it has the second smallest as measured by people who leave for work between 12am to 5am of all the other places in the local area when ranked by people who leave for work between 4pm to midnight at 1% of the total.

The next graph in Figure 36 shows the average number of minutes that it takes for people to commute to work. Red Lake Falls township has one of the largest proportions of people with commute time of less than 5 minutesutes at 12% of the total and is ranked #3. Only #2 Red Lake Falls (13%), and #1 Brooks (14%) are larger. Second, it has less than most other places in the greater region as measured by people with commute time between 5 to 9 minutes at 15% 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 local area when sorted by people with commute time between 10 to 14 minutes at 4% of the total. Also, it has one of the largest proportions of people with commute time between 20 to 24 minutes at 23% of the total and is ranked #3. Only #2 Red Lake Falls (24%), and #1 Plummer (36%) are larger. In addition, it has the largest proportion of people with commute time between 25 to 29 minutes at 20% of the total and is ranked #1. Furthermore, it has the largest proportion of people with commute time between 35 to 39 minutes at 7% of the total and is ranked #1. Next it has one of the largest proportions of people with commute time of 90 or more minutesutes at 4% of the total and is ranked #3. Only #2 Plummer (4%), and #1 St Hilaire (7%) are larger.

The average commute time is shown in Figure 37. Red Lake Falls township depicts it has an average commute time of 22 which is the second most average commute time of all the places in the greater Red Lake Falls township region. Figure 38 shows the difference between male versus female commuting time. Red Lake Falls township depicts average commute time in minutes for men 15.5% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Red Lake Falls township has the percentage of 1 vehicle available the second smallest when sorted by no vehicle available of all the other places in the greater region at 15% of the total. Second, it has the smallest proportion of 2 vehicles available at 15% of the total. Third, it has the largest proportion of 3 vehicles available at 52% of the total and is ranked #1. Also, it has the largest proportion of 4 vehicles available at 15% of the total and is ranked #1. In addition, it has the second smallest when ranked by no vehicle available of all the other places in the local area when sorted by 5 or more vehicles available at 1% of the total.

Red Lake Falls township 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. Red Lake Falls township depicts it has the hightest median earnings of $51,000 for the earnings-production, transportation, material moving occupations grouping. Similarly, Figure 47 shows the median earnings of women for the job categories and Red Lake Falls township shows it has the hightest median earnings of $32,292 for the earnings-sales and office occupations grouping. The table in Figure 48, shows Red Lake Falls township employment data in terms of job categories and salary data.

Red Lake Falls township 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. Red Lake Falls township indicates it has the hightest entrepreneurs of 100% for the self employed in sales and office related businesses aggregate.

In Figure 51 the average annual self employment/entrepreneur income is shown. Red Lake Falls township depicts it has an average annual self employment income of $61,135 which is the second most of all the places in the local area. The city with the highest average annual self employment income in the area is Brooks which shows an average annual self employment income of $63,754 (only about 4.3% larger). Comparing average annual self employment income to the United States average of $37,819, Red Lake Falls township is 61.7% larger. Also, compared with the state of Minnesota, average annual self employment income of $35,396, Red Lake Falls township is 72.7% larger.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Red Lake Falls township depicts total number of self-employed men considerably bigger as the total number of self-employed women.