Grantwood Village Missouri Income Charts

This section shows the Grantwood Village Missouri economy using the most recent economic analysis from the 2020 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Grantwood Village shows it has a Median earnings of $86,938 which is at the top of all other places in the greater Grantwood Village region. Comparing median earnings per worker to the United States average of $49,041, Grantwood Village is 77.3% larger. Also, measured against the state of Missouri, median earnings per worker of $44,279, Grantwood Village is about twice as large.

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 $111,250 which is at the top of all other places in the greater Grantwood Village region. Comparing median household income to the United States average of $62,843, Grantwood Village is 77.0% larger. Also, benchmarked against the state of Missouri, median household income of $55,461, Grantwood Village is about twice as large.

The next section examines a variety of different income statistics for the Grantwood Village metropolitan area. In Figure 3 we see that it has the smallest proportion of earnings less than $10,000 at 4.3% of the total. Second, it has the smallest proportion of earnings between $15,000 and $19,999 at 10.9% of the total. Third, it has the largest proportion of earnings between $50,000 and $74,999 at 16.1% of the total and is ranked #1. Also, it has the largest proportion of earnings between $75,000 and $99,999 at 29.8% 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 37.8 which is the second smallest in order of average hours of all the other places in the local area. The city with the highest average hours in the area is Affton CDP which depicts an average hours of 39.0 (only about 3.2% 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 $44.23 which is the most of all places in the greater Grantwood Village region. Comparing average hourly earnings to the United States average of $24.31, Grantwood Village is about twice as large. Also, measured against the state of Missouri, average hourly earnings of $21.89, Grantwood Village is about twice as large.

Figure 7 examines the number of self employed people in the Grantwood Village metro area based on the number of people who reported any self employment income. Grantwood Village depicts it has a Self Employed of 12.5% which is the highest of all places in the greater Grantwood Village 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 $172,083 of the total and is ranked #1. Second, it has the largest proportion of median income-25 to 44 years at $148,750 of the total and is ranked #1. Third, it has the largest proportion of median income-45 to 64 years at $59,688 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 With Retirement Income of 33.9% which is the most of all places in the greater Grantwood Village region.

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 $141,750 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. Grantwood Village shows it has the hightest cost of 165.5 for the cost of housing category.

Grantwood Village 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 January 2010 to before the Wuhan virus Pandemic the monthly unemployment rate went from 6.6% to 2.9% in March 2020. This represents a decrease in the monthly unemployment rate of 56.1%. Since that time, the monthly unemployment rate has gone to 2.6% This represents a decrease in the monthly unemployment rate of 10.3%. 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 January 2010 to before the disasterous COVID Pandemic the monthly labor force participation went from 15,442 to 16,042 in March 2020. This represents an increase in the monthly labor force participation of 3.9%. Since that time, the monthly labor force participation has gone to 16,018 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 Grantwood Village indicates it has a Unemployment Rate of 2.9% which is the second most unemployment rate of all the places in the greater Grantwood Village region. The city with the highest unemployment rate in the area is Marlborough village which shows a rate of 6.8% (approximately 2.4 times bigger). 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 a Labor Force Participation of 59.8% which is less than most other places in the metropolitan area.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Grantwood Village shows full time employees approximately 2.8 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 Grantwood Village area. Grantwood Village depicts it has a Single Earner Families of 22.9% which is the third most families with a single earner of all other places in the greater Grantwood Village region. The city with the highest families with a single earner in the area is Lakeshire which depicts a single earners rate of 27.6% (20.4% larger). The percentage of families with no one working is depicted in Figure 22. Grantwood Village depicts it has a Families with No One Working of 17.3% which is in the center range of other places in the local area. The city with the highest families with no one working in the area is Sappington CDP which shows a families with no worker of 22.2% (28.5% larger).

Grantwood Village Missouri Poverty Charts

The next section details economy analysis about poverty for residents of the Grantwood Village 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. Grantwood Village shows it has a Total In Poverty of 22 which is the smallest in terms of 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 Affton CDP which shows a total people earning less than the poverty level of 2,104 ( 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. Grantwood Village depicts it has a Percent of Population In Poverty of 2.4% which is the smallest when ranked by percent of people earning less than the poverty level of all the other places in the local area. The city with the highest percent of people earning less than the poverty level in the area is Marlborough village which depicts a percent of people in poverty of 14.8% ( considerably bigger).

In Figure 25 people who are in poverty are broken out by age group. Grantwood Village has the largest proportion of person in poverty 35 to 54 years at 41% of the total and is ranked #1. Second, it has the largest proportion of person in poverty 55 to 64 years at 36% 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 one of the largest proportions of white poverty rate at 21% of the total and is ranked #2. The only larger city being Affton CDP with 39%. Second, it has one of the largest proportions of american indian poverty rate at 36% of the total and is ranked #2. The only larger city being Marlborough village with 52%.

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 smallest proportion of less than highschool in poverty at 2% 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.) Grantwood Village shows it has a Public Assistance Percent of 0.9% which is the 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 Lakeshire which depicts a households with public assistance of 11.0% ( very much bigger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Grantwood Village depicts it has a Gini Index of 37.4% which is less than most other places in the local area.

Grantwood Village 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 Grantwood Village 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.) Grantwood Village 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 Grantwood Village or elsewhere.) Grantwood Village has the smallest proportion of people who drove alone at 78% of the total. Second, it has the largest proportion of people who take a Subway or elevated rail at 1% of the total and is ranked #1. Third, it has the largest proportion of people who work from 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. Grantwood Village has the smallest proportion of people who leave for work between 6am to 630am at 4% of the total. Second, it has the smallest proportion of people who leave for work between 630 am to 7am at 11% of the total. Third, it has the largest proportion of people who leave for work between 7am to 730am at 20% of the total and is ranked #1. Also, it has the largest proportion of people who leave for work between 8am to 830am at 7% of the total and is ranked #1. In addition, it has the largest proportion of people who leave for work between 830 am to 9am at 11% of the total and is ranked #1. Furthermore, it has the smallest proportion of people who leave for work between 11am to 12noon 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. Grantwood Village has the smallest proportion of people with commute time of less than 5 minutesutes at 3% of the total. Second, it has the second smallest when sorted by people with commute time of less than 5 minutes of all the other places in the metropolitan area as measured by people with commute time between 5 to 9 minutes at 8% of the total. Third, it has the largest proportion of people with commute time between 15 to 19 minutes at 27% of the total and is ranked #1. Also, it has the largest proportion of people with commute time between 20 to 24 minutes at 13% of the total and is ranked #1. In addition, it has the smallest proportion of people with commute time between 35 to 39 minutes at 2% of the total.

The average commute time is shown in Figure 37. Grantwood Village shows it has a Avg Commute Time of 25 which is at the top of all other places in the greater region. Figure 38 shows the difference between male versus female commuting time. Grantwood Village shows average commute time in minutes for men 39.6% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Grantwood Village has the smallest proportion of no vehicle available at 5% of the total. Second, it has the largest proportion of 2 vehicles available at 31% of the total and is ranked #1. Third, it has the largest proportion of 3 vehicles available at 13% of the total and is ranked #1. Also, it has the largest proportion of 4 vehicles available at 5% 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 depicts it has a Work in city or place where live of 13% which is the second most people who both work and live in the same city of all the places in the greater Grantwood Village region. The city with the highest people who both work and live in the same city in the area is Marlborough village which shows a people who both work and live in the same city of 14% (7.5% larger). Comparing people who both work and live in the same city to the United States average of 42%, Grantwood Village is approximately a third the size. Also, compared with the state of Missouri, people who both work and live in the same city of 40%, Grantwood Village is approximately a third 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 the hightest median earnings of $130,833 for the earnings-sales and office occupations group. Similarly, Figure 47 shows the median earnings of women for the job categories and Grantwood Village depicts it has the hightest median earnings of $120,417 for the management, business, and financial occupations group. The table in Figure 48, shows Grantwood Village employment data in terms of job categories and salary data.

Grantwood Village 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. Grantwood Village depicts it has the hightest entrepreneurs of 44% for the self employed in sales and office related businesses aggregate.

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. Grantwood Village depicts it has the hightest entrepreneurs of 22% for the self employed in finance, insurance, real estate, rental and leasing aggregate.

In Figure 51 the average annual self employment/entrepreneur income is shown. Grantwood Village depicts it has a Self Employment Income of $21,950 which is less than most other places in the local area. The city with the highest average annual self employment income in the area is Crestwood which depicts an average annual self employment income of $43,621 (about twice as large). Comparing average annual self employment income to the United States average of $39,154, Grantwood Village is approximately half the size. Also, measured against the state of Missouri, average annual self employment income of $33,069, Grantwood Village 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.) Grantwood Village shows total number of self-employed men 25.0% larger as the total number of self-employed women.