Camden Point Missouri Income Charts

This section shows the Camden Point Missouri economy using the most recent economic analysis from the 2020 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Camden Point depicts it has a Median earnings of $54,423 which is the highest of all places in the greater Camden Point region. Comparing median earnings per worker to the United States average of $49,041, Camden Point is 11.0% larger. Also, benchmarked against the state of Missouri, median earnings per worker of $44,279, Camden Point is 22.9% 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 $87,500 which is more than all other places in the metropolitan area. Comparing median household income to the United States average of $62,843, Camden Point is 39.2% larger. Also, compared to the state of Missouri, median household income of $55,461, Camden Point is 57.8% larger.

The next section examines a variety of different income statistics for the Camden Point metropolitan area. In Figure 3 we see that it has the percentage of earnings less than $10,000 the second smallest when sorted by median earnings of less than $10,000 of all the other places in the metropolitan area at 5.9% of the total. Second, it has the smallest proportion of earnings between $10,000 and $14,999 at 3.7% of the total. Third, it has the largest proportion of earnings between $50,000 and $74,999 at 12.6% of the total and is ranked #1. Also, it has the largest proportion of earnings between $75,000 and $99,999 at 7.4% 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 second smallest when ranked by average hours of all the other places in the metro area. The city with the highest average hours in the area is Edgerton which shows an average hours of 41.3 (6.4% 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 $26.97 which is at the top of all other places in the greater Camden Point region. Comparing average hourly earnings to the United States average of $24.31, Camden Point is 11.0% larger. Also, measured against the state of Missouri, average hourly earnings of $21.89, Camden Point is 23.2% larger.

Figure 7 examines the number of self employed people in the Camden Point metro area based on the number of people who reported any self employment income. Camden Point depicts it has a Self Employed of 9.9% which is the largest of all places in the greater Camden Point 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 $90,625 of the total and is ranked #1. Second, it has the largest proportion of median income-25 to 44 years at $111,875 of the total and is ranked #1. Third, it has one of the largest proportions of median income-45 to 64 years at $40,000 of the total and is ranked #3. Only #2 Edgerton ($45,417), and #1 Platte City ($48,947) 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 23.8% which is in the mid range of other places in the local area. The city with the highest households with retirement income in the area is Weston which shows a households with retirement income of 29.3% (23.0% 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 $96,667 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. Camden Point shows it has the hightest cost of 96.0 for the cost of miscellaneous items classification.

Camden Point Missouri 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 9.6% to 4.1% in February 2020. This represents a decrease in the monthly unemployment rate of 57.3%. Since that time, the monthly unemployment rate has gone to 4.9% This represents an increase in the monthly unemployment rate of 19.5%. 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 13,670 to 14,072 in February 2020. This represents an increase in the monthly labor force participation of 2.9%. Since that time, the monthly labor force participation has gone to 13,981 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 Camden Point shows it has a Unemployment Rate of 2.1% which is the second smallest in order of unemployment rate of all the other places in the local area. The city with the highest unemployment rate in the area is Tracy which shows a rate of 7.1% (approximately 3.3 times bigger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Camden Point shows it has a Labor Force Participation of 70.4% which is the second most participation rates of all the places in the greater Camden Point region.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Camden Point shows full time employees approximately 4.5 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 Camden Point area. Camden Point depicts it has a Single Earner Families of 8.9% which is the smallest when sorted by families with a single earner of all the other places in the area. The city with the highest families with a single earner in the area is Trimble which depicts a single earners rate of 40.4% (approximately 4.5 times bigger). The percentage of families with no one working is depicted in Figure 22. Camden Point depicts it has a Families with No One Working of 22.3% which is in the middle range of other places in the metro area. The city with the highest families with no one working in the area is Tracy which depicts a families with no worker of 31.0% (39.0% larger).

Camden Point Missouri Poverty Charts

The next section details economy analysis about poverty for residents of the Camden Point 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. Camden Point depicts it has a Total In Poverty of 28 which is the second smallest as measured by total people earning less than the poverty level of all the other places in the greater region. The city with the highest total people earning less than the poverty level in the area is Platte City which depicts a total people earning less than the poverty level of 302 ( substantially bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Camden Point shows it has a Percent of Population In Poverty of 5.7% which is the second smallest when ranked 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 Dearborn which depicts a percent of people in poverty of 15.7% (approximately 2.7 times bigger).

In Figure 25 people who are in poverty are broken out by age group. Camden Point has one of the largest proportions of person in poverty 12 to 17 years at 32% of the total and is ranked #3. Only #2 Edgerton (35%), and #1 Tracy (92%) are larger. Second, it has one of the largest proportions of person in poverty 55 to 64 years at 21% of the total and is ranked #3. Only #2 Dearborn (26%), and #1 Weston (33%) are larger.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Camden Point has the smallest proportion of highschool graduate and in poverty at 1% 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. Camden Point 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 one of the largest proportions of people who are in poverty and unemployed at 25.0% of the total and is ranked #2. The only larger city being Platte City with 35.1%. 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.) Camden Point depicts it has a Public Assistance Percent of 4.1% which is the second smallest when ranked by households with public assistance of all the other places in the metropolitan area. The city with the highest households with public assistance in the area is Trimble which shows a households with public assistance of 13.5% (approximately 3.3 times bigger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Camden Point depicts it has a Gini Index of 34.0% which is the second smallest when sorted by the gini index of all the other places in the local area.

Camden Point Missouri Work Commute Charts

In Figure 35 is shown a frequency distribution of the time that people leave for work. Camden Point has the largest proportion of people who leave for work between 6am to 630am at 13% of the total and is ranked #1. Second, it has the largest proportion of people who leave for work between 8am to 830am at 3% 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. Camden Point has the percentage of people with commute time of less than 5 minutesutes less than most other places in the surrounding region at 5% of the total. Second, it has one of the largest proportions of people with commute time between 5 to 9 minutes at 8% of the total and is ranked #3. Only #2 Platte City (11%), and #1 Tracy (11%) are larger. Third, it has one of the largest proportions of people with commute time between 10 to 14 minutes at 15% of the total and is ranked #2. The only larger city being Platte City with 15%. Also, it has the largest proportion of people with commute time between 15 to 19 minutes at 16% of the total and is ranked #1. In addition, it has the largest proportion of people with commute time between 35 to 39 minutes at 9% of the total and is ranked #1.

The average commute time is shown in Figure 37. Camden Point shows it has a Avg Commute Time of 24 which is in the middle range of other places in the greater region. Figure 38 shows the difference between male versus female commuting time. Camden Point shows average commute time in minutes for men 72.1% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Camden Point has the smallest proportion of no vehicle available at 9% of the total. Second, it has in the center range of other places in the area in terms of 1 vehicle available at 37% of the total. Third, it has the smallest proportion of 2 vehicles available at 20% of the total. Also, it has the largest proportion of 3 vehicles available at 20% of the total and is ranked #1. In addition, it has the largest proportion of 4 vehicles available at 13% 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.) Camden Point shows it has a Work in city or place where live of 11% which is in the intermediate range of other places in the local area. The city with the highest people who both work and live in the same city in the area is Weston which shows a people who both work and live in the same city of 29% (approximately 2.5 times bigger). Comparing people who both work and live in the same city to the United States average of 42%, Camden Point is approximately a third the size. Also, versus the state of Missouri, people who both work and live in the same city of 40%, Camden Point is approximately a third the size.

Camden Point Missouri 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. Camden Point depicts it has the hightest median earnings of $82,500 for the earnings-computer, engineering, and science occupations classification. Similarly, Figure 47 shows the median earnings of women for the job categories and Camden Point shows it has the hightest median earnings of $78,750 for the management, business, and financial occupations grouping. The table in Figure 48, shows Camden Point employment data in terms of job categories and salary data.

Camden Point Missouri 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. Camden Point shows it has the hightest entrepreneurs of 64% for the self employed management, business, science, and arts businesses category.

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. Camden Point depicts it has the hightest entrepreneurs of 45% for the self employed in construction category.

In Figure 51 the average annual self employment/entrepreneur income is shown. Camden Point shows it has a Self Employment Income of $21,053 which is the third most of all other places in the metro area. The city with the highest average annual self employment income in the area is Platte City which depicts an average annual self employment income of $24,882 (18.2% larger). Comparing average annual self employment income to the United States average of $39,154, Camden Point is approximately half the size. Also, compared to the state of Missouri, average annual self employment income of $33,069, Camden Point 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.) Camden Point shows total number of self-employed men approximately 2.2 times bigger as the total number of self-employed women.