Grantwood Village Missouri Income Charts

This section shows the economic outlook and local economy using the most recent economic data from the 2019 Census Bureau. Starting with Figure 1 which shows the median earnings per worker. Grantwood Village indicates it has $83,864 median earnings which is the largest of all placesin the area. Comparing median earnings to the United States average of $47,712, Grantwood Village is 75.8% larger. Also, in comparison with the state of Missouri, median earnings of $42,474, Grantwood Village is about twice as large.

In Figure 2 we see a more complete view of income which includes all members in a household using the median household income and it has $124,375 median income which is the highest of all placesin the area. Comparing median income to the United States average of $60,293, Grantwood Village is about twice as large. Also, versus the state of Missouri, median income of $53,560, Grantwood Village compares as approximately 2.3 times bigger.

The next section examines a variety of different income statistics. In Figure 3 we see that it has the largest proportion of median earnings between $75,000 and $99,999 at 14.4% of the total and is ranked #1. Second, it has the largest proportion of median earnings of $100,000 or more at 26.2% 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 37.5 average hours which is the 4th smallest average hours of all the other places in the area. The city with the highest average hours in the area is Affton with an average hours of 39.0 measures only about 4.0% larger. Dividing median annual worker earnings by the average number of hours worked in a year in Figure 6 shows that it has $43.01 average hourly earnings which is at the top of all other placesin the area. Comparing average hourly earnings to the United States average of $23.71, Grantwood Village is about twice as large. Also, compared to the state of Missouri, average hourly earnings of $21.05, Grantwood Village is about twice as large.

Figure 7 examines the number of self employed people in the area based on the number of people who reported any self employment income. Grantwood Village shows it has 12.6% Self Employed which is more than all other placesin the area.

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 $157,083 of the total and is ranked #1. Second, it has the largest proportion of Median Income-45 to 64 years at $149,792 of the total and is ranked #1. Also, it has the largest proportion of Median Income-65 years and over at $55,673 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 24.1% households with retirement income which is the 2nd most of all the places in the area. The city with the highest households with retirement income in the area is Crestwood with a households with retirement income of 24.7% is only slightly 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 $139,583 of the total and is ranked #1. Second, it has the largest proportion of White Family Income at $140,500 of the total and is ranked #1.

Figure 13 shows the cost of living for a variety of cost components from the Bureau of Labor Statistics. Grantwood Village shows it has hightest cost of 171.4 for cost of housing.

Grantwood Village Missouri Labor Force Charts

The next two charts look at very recent, monthly trended employment related performance using data from 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 measure for the United States. It shows that from February 2010 to April 2020 the Monthly Unemployment Rate went from 6.9% to 6.9%. 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. The participation level It shows that from February 2010 to April 2020 the Monthly Labor Force Participation went from 15,482 to 15,163. This represents a decrease in the Monthly Labor Force Participation of 2.1%.

The next two charts look at the annual unemployment rate and is based on the American Community survey. Figure 16 shows Grantwood Village shows it has 2.7% unemployment rate which isthe 5th ranked in unemployment rate out of 10 total in the area. The city with the highest unemployment rate in the area is Marlborough village with a rate of 3.8% is 39.7% larger. Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Grantwood Village shows it has 64.4% participation rate which is the 4th smallest 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). Grantwood Village has the largest proportion of not in labor force at 35.6% 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. Grantwood Village illustrates full time employees measures approximately 2.4 times bigger than 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. Grantwood Village illustrates it has 24.6% families with a single earner which is the 3d most of all other places in the area. The city with the highest families with a single earner in the area is Lakeshire with a single earners rate of 28.4% is 15.5% larger. The percentage of families with no one working is depicted in Figure 22. Grantwood Village shows it has 12.8% families with no one working which is the 4th smallest families with no one working of all the other places in the area. The city with the highest families with no one working in the area is Marlborough village with a families with no worker of 21.0% is 64.4% larger.

Grantwood Village Missouri Poverty Charts

The next section details information about poverty in the area. In Figure 23 the total number of people earning less than the poverty level are shown. Grantwood Village shows it has 52 total people earning less than the poverty level which is the 4th smallest 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 Gravois township with a total people earning less than the poverty level of 2,936 measures markedly bigger.

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Grantwood Village shows it has 5.0% percent of people earning less than the poverty level which is the 4th smallest percent of people earning less than the poverty level of all the other places in the area. The city with the highest percent of people earning less than the poverty level in the area is Marlborough village with a percent of people in poverty of 11.5% is approximately 2.3 times bigger.

In Figure 25 people who are in poverty are broken out by age group. Grantwood Village has person in poverty Under 12 Years in the middle of other places in the area at 17% of the total and is ranked in the middle of the group. Second, it has the largest proportion of person in poverty 55 to 64 years at 25% of the total and is ranked #1. Also, it has the largest proportion of person in poverty 65+ years at 25% of the total and is ranked #1.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Grantwood Village has the largest proportion of Asian poverty rate at 67% 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. Grantwood Village has the largest proportion of less than highschool in poverty at 22% 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.) We can see that Grantwood Village shows it has 1.3% households with public assistance which is the 4th smallest households with public assistance of all the other places in the area. The city with the highest households with public assistance in the area is Lakeshire with a households with public assistance of 9.9% measures substantially bigger.

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Grantwood Village shows it has 40.1% the Gini Index which isthe 4th ranked in the Gini Index out of 10 total in the area.

Grantwood Village Missouri Work Commute Charts

Figure 32 shows a high level view of how people get to work (including the percent of people who work from home.) Grantwood Village has the largest proportion of people who work at home at 9% of the total and is ranked #1. Figure 33 shows a more detailed view of how people get to work for this location and shows Grantwood Village has the largest proportion of people who carpooled at 9% of the total and is ranked #1. Second, it has the largest proportion of people who work at home at 9% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Grantwood Village has the largest proportion of people who leave for work between 12am to 5am at 3% of the total and is ranked #1. Second, it has the largest proportion of people who leave for work between 730 am to 8am at 19% of the total and is ranked #1. Also, it has the largest proportion of people who leave for work between 9am to 10am at 12% of the total and is ranked #1.

The average commute time is shown in Figure 37. Grantwood Village shows it has 24 average commute time which isthe 4th ranked in average commute time out of 10 total in the area. Figure 38 shows the difference between male versus female commuting time and Grantwood Village shows average commute time in minutes for men is 42.1% larger than average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Grantwood Village has the largest proportion of 4 vehicles available at 13% of the total and is ranked #1. Second, it has the largest proportion of 5 or more vehicles available at 8% 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.) Grantwood Village shows it has 10% people who both work and live in the same city which isthe 5th ranked in people who both work and live in the same city out of 10 total in the area. The city with the highest people who both work and live in the same city in the area is Crestwood with a people who both work and live in the same city of 14% compares as 35.0% larger. Comparing people who both work and live in the same city to the United States average of 42%, Grantwood Village 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%, Grantwood Village compares as approximately a quarter the size.

Grantwood Village 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. Grantwood Village shows it has hightest median earnings of $126,125 for Earnings-Computer, engineering, and science occupations. Similarly, Figure 47 shows the median earnings of women for the job categories and Grantwood Village shows it has hightest median earnings of $93,125 for Earnings-Computer, engineering, and science occupations.

Grantwood Village Missouri Self Employment Charts

Figure 49 shows the number of people who are self employed in incorporated businesses by industry. Grantwood Village shows it has hightest entrepreneurs of 40% for self employed management, business, science, and arts businesses.

Similar to the last chart is Figure 50 which shows the number of people who are self employed but in more detailed industry categories. Grantwood Village shows it has hightest entrepreneurs of 40% for self employed in professional, scientific, management, administrative services.

In Figure 51 the average annual self employment income is shown. Grantwood Village shows it has $22,410 average annual self employment income which isthe 6th ranked in average annual self employment income out of 10 total in the area. The city with the highest average annual self employment income in the area is Crestwood with an average annual self employment income of $43,208 measures about twice as large. Comparing average annual self employment income to the United States average of $37,819, Grantwood Village compares as approximately three-fourths the size. Also, compared to the state of Missouri, average annual self employment income of $31,803, Grantwood Village is approximately three-fourths the size.

Figure 52 shows the difference between the number of self employed men and self employed women. Grantwood Village shows total number of self-employed men is 46.7% larger than total number of self-employed women.