Colfax township-Harrison County Missouri Income Charts

This section shows the Colfax township-Harrison County Missouri economy using the most recent economic analysis from the 2019 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Colfax township-Harrison County shows it has a median earnings per worker of $37,500 which is the second most median earnings of all the places in the greater Colfax township-Harrison County region. The city with the highest median earnings per worker in the area is Lamoni which shows a median earnings of $39,000 (only about 4.0% larger). Comparing median earnings per worker to the United States average of $47,712, Colfax township-Harrison County is approximately three-fourths the size. Also, benchmarked against the state of Missouri, median earnings per worker of $42,474, Colfax township-Harrison County is about 13.3% smaller.

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 $50,694 which is at the top of all other places in the greater Colfax township-Harrison County region. Comparing median household income to the United States average of $60,293, Colfax township-Harrison County is about 18.9% smaller. Also, versus the state of Missouri, median household income of $53,560, Colfax township-Harrison County is about 5.7% smaller.

The next section examines a variety of different income statistics for the Colfax township-Harrison County metropolitan area. In Figure 3 we see that it has the percentage of earnings less than $10,000 in the mid point range of other places in the surrounding region at 24.0% of the total. Second, it has the second smallest when sorted by median earnings of less than $10,000 of all the other places in the metropolitan area in terms of earnings between $10,000 and $14,999 at 11.3% 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 37.9 which is the third most average hours of all other places in the greater Colfax township-Harrison County region. The city with the highest average hours in the area is Eagleville which shows an average hours of 38.2 ( about the same size). 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 $19.03 which is the second most of all the places in the metropolitan area. The city with the highest average hourly earnings in the area is Lamoni which depicts an average hourly earnings of $25.60 (34.5% larger). Comparing average hourly earnings to the United States average of $23.71, Colfax township-Harrison County is about 24.6% smaller. Also, in comparison with the state of Missouri, average hourly earnings of $21.05, Colfax township-Harrison County is about 10.6% smaller.

Figure 7 examines the number of self employed people in the Colfax township-Harrison County metro area based on the number of people who reported any self employment income. Colfax township-Harrison County shows it has a percentage of people self employed of 15.5% which is the second most people self employed of all the places in the greater Colfax township-Harrison County region. The city with the highest percentage of people self employed in the area is Ridgeway which depicts a percentage self employed of 17.2% (10.5% larger).

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 $65,625 of the total and is ranked #1. Second, it has the largest proportion of median income-45 to 64 years at $56,806 of the total and is ranked #1. Third, it has in the mid range of other places in the local area when ranked by median income-65 years and over at $36,875 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 households with retirement income of 16.6% which is in the middle range of other places in the greater region. The city with the highest households with retirement income in the area is Blythedale which shows a households with retirement income of 31.2% (about twice as large).

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 $57,500 of the total and is ranked #2. The only larger city being Lamoni with $61,382. Second, it has one of the largest proportions of white family income at $57,500 of the total and is ranked #2. The only larger city being Lamoni with $62,614.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Colfax township-Harrison County depicts it has the hightest cost of 96.0 for the cost of miscellaneous items classification.

Colfax township-Harrison County 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 depicts that from February 2010 to before the disasterous Covid-19 virus Pandemic the monthly unemployment rate went from 9.8% to 3.2% in December 2019. This represents a decrease in the monthly unemployment rate of 67.3%. Since that time, the monthly unemployment rate has gone to 3.2% 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 Coronavirus Pandemic the monthly labor force participation went from 38,687 to 37,626 in November 2019. This represents a decrease in the monthly labor force participation of 2.7%. Since that time, the monthly labor force participation has gone to 37,626 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 Colfax township-Harrison County depicts it has an unemployment rate of 2.0% which is the second smallest as measured by unemployment rate of all the other places in the metro area. The city with the highest unemployment rate in the area is Ridgeway which depicts a rate of 5.6% (approximately 2.8 times bigger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Colfax township-Harrison County shows it has a participation rate of 60.9% which is the second most participation rates of all the places in the greater Colfax township-Harrison County region.

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). Colfax township-Harrison County has the percentage of not in labor force the second smallest as measured by employed of all the other places in the area at 39.1% of the total.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Colfax township-Harrison County depicts full time employees approximately 3.8 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 Colfax township-Harrison County area. Colfax township-Harrison County shows it has a families with a single earner of 22.4% which is in the mid point range of other places in the metro area. The city with the highest families with a single earner in the area is Davis City which shows a single earners rate of 27.9% (24.4% larger). The percentage of families with no one working is depicted in Figure 22. Colfax township-Harrison County shows it has a families with no one working of 21.5% which is the second smallest when sorted by families with no one working of all the other places in the local area. The city with the highest families with no one working in the area is Blythedale which shows a families with no worker of 50.0% (approximately 2.3 times bigger).

Colfax township-Harrison County Missouri Poverty Charts

The next section details economy analysis about poverty for residents of the Colfax township-Harrison County 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. Colfax township-Harrison County depicts it has a total people earning less than the poverty level of 117 which is the third most total people earning less than the poverty level of all other places in the greater Colfax township-Harrison County region. The city with the highest total people earning less than the poverty level in the area is Lamoni which depicts a total people earning less than the poverty level of 454 (approximately 3.9 times bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Colfax township-Harrison County depicts it has a percent of people earning less than the poverty level of 19.1% which is the second smallest in order of percent of people earning less than the poverty level of all the other places in the metro area. The city with the highest percent of people earning less than the poverty level in the area is Ridgeway which shows a percent of people in poverty of 35.3% (about twice as large).

In Figure 25 people who are in poverty are broken out by age group. Colfax township-Harrison County has one of the largest proportions of person in poverty under 12 years at 26% of the total and is ranked #3. Only #2 Davis City (30%), and #1 Cainsville (38%) are larger. Second, it has one of the largest proportions of person in poverty 12 to 17 years at 23% of the total and is ranked #2. The only larger city being Blythedale with 30%. Third, it has the smallest proportion of person in poverty 55 to 64 years at 4% of the total.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Colfax township-Harrison County has the percentage of white poverty rate the second smallest when sorted by white poverty rate of all the other places in the metro area at 19% of the total.

Figure 27 shows key poverty statistics for groups based on marriage status. Colfax township-Harrison County has the percentage of unmarried with children and in poverty the second smallest in order of married with children and in poverty of all the other places in the metropolitan area at 22% of the total. Second, it has one of the largest proportions of unmarried male with children and in poverty at 44% of the total and is ranked #2. The only larger city being Davis City with 90%.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Colfax township-Harrison County has the percentage of highschool graduate and in poverty the second smallest when ranked by less than highschool in poverty of all the other places in the metro area at 2% of the total. Second, it has the second smallest when ranked by less than highschool in poverty of all the other places in the local area when sorted by has some college and in poverty at 7% 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. Colfax township-Harrison County has the percentage of people who are in poverty and employed the second smallest in terms of people who are in poverty and employed of all the other places in the local area at 17.1% 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.) Colfax township-Harrison County depicts it has a households with public assistance of 11.9% which is the smallest in terms of households with public assistance of all the other places in the greater region. The city with the highest households with public assistance in the area is Davis City which shows a households with public assistance of 44.1% (approximately 3.7 times bigger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Colfax township-Harrison County depicts it has a the gini index of 35.4% which is the second smallest as measured by the gini index of all the other places in the greater region.

Colfax township-Harrison County Missouri 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 Colfax township-Harrison County 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.) Colfax township-Harrison County has the largest proportion of people who work at home 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 Colfax township-Harrison County or elsewhere.) Colfax township-Harrison County has the percentage of people who drove alone the second smallest when sorted by people who drove alone of all the other places in the local area at 66% of the total. Second, it has the smallest proportion of people who carpooled at 1% of the total. Third, it has the largest proportion of people who took a taxicab, motorcycle or other at 17% of the total and is ranked #1. Also, it has the largest proportion of people who work at home 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. Colfax township-Harrison County has the percentage of people who leave for work between 12am to 5am in the intermediate range of other places in the metro area at 12% of the total. Second, it has the smallest proportion of people who leave for work between 530 am to 6am at 1% of the total. Third, it has the largest proportion of people who leave for work between 8am to 830am at 18% of the total and is ranked #1. Also, it has the largest proportion of people who leave for work between 9am to 10am at 10% of the total and is ranked #1. In addition, it has the second smallest when sorted by people who leave for work between 12am to 5am of all the other places in the metro area as measured by people who leave for work between 4pm to midnight at 2% of the total.

The next graph in Figure 36 shows the average number of minutes that it takes for people to commute to work. Colfax township-Harrison County has the percentage of people with commute time of less than 5 minutesutes in the mid point range of other places in the metro area at 9% of the total. Second, it has one of the largest proportions of people with commute time between 5 to 9 minutes at 30% of the total and is ranked #3. Only #2 Lamoni (37%), and #1 Eagleville (43%) are larger. Third, it has less than most other places in the local area as measured by people with commute time between 10 to 14 minutes at 3% of the total. Also, it has one of the largest proportions of people with commute time between 15 to 19 minutes at 28% of the total and is ranked #2. The only larger city being Ridgeway with 33%. In addition, it has the second smallest when ranked by people with commute time of less than 5 minutes of all the other places in the surrounding region in order of people with commute time between 60 to 89 minutes at 0% of the total. Furthermore, it has less than most other places in the metro area when ranked by people with commute time of 90 or more minutesutes at 3% of the total.

The average commute time is shown in Figure 37. Colfax township-Harrison County shows it has an average commute time of 19 which is less than most other places in the metropolitan area. Figure 38 shows the difference between male versus female commuting time. Colfax township-Harrison County shows average commute time in minutes for men 21.6% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Colfax township-Harrison County has the largest proportion of no vehicle available at 11% of the total and is ranked #1. Second, it has the smallest proportion of 1 vehicle available at 4% of the total. Third, it has one of the largest proportions of 2 vehicles available at 45% of the total and is ranked #3. Only #2 Davis City (51%), and #1 Blythedale (56%) are larger. Also, it has the smallest proportion of 4 vehicles available at 4% of the total. In addition, it has one of the largest proportions of 5 or more vehicles available at 6% of the total and is ranked #3. Only #2 Cainsville (7%), and #1 Ridgeway (7%) are larger. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Colfax township-Harrison County shows it has a people who both work and live in the same city of 10% which is the second smallest when sorted by people who both work and live in the same city of all the 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 Lamoni which depicts a people who both work and live in the same city of 75% ( markedly bigger). Comparing people who both work and live in the same city to the United States average of 42%, Colfax township-Harrison County is approximately a quarter the size. Also, measured against the state of Missouri, people who both work and live in the same city of 40%, Colfax township-Harrison County is approximately a quarter the size.

Colfax township-Harrison County 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. Colfax township-Harrison County depicts it has the hightest median earnings of $52,917 for the management, business, and financial occupations aggregate. Similarly, Figure 47 shows the median earnings of women for the job categories and Colfax township-Harrison County depicts it has the hightest median earnings of $72,083 for the earnings-healthcare practitioners and tech occupations aggregate. The table in Figure 48, shows Colfax township-Harrison County employment data in terms of job categories and salary data.

Colfax township-Harrison County 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. Colfax township-Harrison County depicts it has the hightest entrepreneurs of 82% for the self employed in sales and office related 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. Colfax township-Harrison County shows it has the hightest entrepreneurs of 18% for the self employed in transportation, warehousing, and utilities grouping.

In Figure 51 the average annual self employment/entrepreneur income is shown. Colfax township-Harrison County depicts it has an average annual self employment income of $25,797 which is more than all other places in the metro area. Comparing average annual self employment income to the United States average of $37,819, Colfax township-Harrison County is approximately three-fourths the size. Also, versus the state of Missouri, average annual self employment income of $31,803, Colfax township-Harrison County is about 23.3% smaller.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Colfax township-Harrison County depicts total number of self-employed men 26.3% larger as the total number of self-employed women.