Gravois Mills Missouri Income Charts

This section shows the Gravois Mills Missouri economy using the most recent economic analysis from the 2020 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Gravois Mills shows it has a Median earnings of $21,490 which is the smallest as measured 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 Village of Four Seasons which depicts a median earnings of $50,985 (approximately 2.4 times bigger). Comparing median earnings per worker to the United States average of $49,041, Gravois Mills is approximately half the size. Also, in comparison with the state of Missouri, median earnings per worker of $44,279, Gravois Mills is approximately half the size.

The next section examines a variety of different income statistics for the Gravois Mills metropolitan area. In Figure 3 we see that it has the percentage of earnings between $10,000 and $14,999 the second smallest in terms of median earnings of less than $10,000 of all the other places in the surrounding region at 8.1% of the total. Second, it has the largest proportion of earnings between $15,000 and $19,999 at 58.1% of the total and is ranked #1. Third, it has the smallest proportion of earnings between $20,000 and $49,999 at 3.2% of the total.

Figure 5 has the Average number of hours worked in a typical work week during the year, it has a Avg Hours Worked of 42.8 which is the highest of all places in the greater Gravois Mills region. 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 $9.66 which is the smallest in order of average hourly earnings of all the other places in the metro area. The city with the highest average hourly earnings in the area is Village of Four Seasons which shows an average hourly earnings of $23.29 (approximately 2.4 times bigger). Comparing average hourly earnings to the United States average of $24.31, Gravois Mills is approximately half the size. Also, compared to the state of Missouri, average hourly earnings of $21.89, Gravois Mills is approximately half the size.

Figure 7 examines the number of self employed people in the Gravois Mills metro area based on the number of people who reported any self employment income. Gravois Mills depicts it has a Self Employed of 5.3% which is the second smallest in terms of percentage of people self employed of all the other places in the metro area. The city with the highest percentage of people self employed in the area is Sunrise Beach which shows a percentage self employed of 16.0% (approximately 3.0 times bigger).

Turning our attention to Figure 8, the median household income by age group, has the percentage of median income-under 25 years in the middle range of other places in the surrounding region at $49,375 of the total. Second, it has the second smallest as measured by median income for those under 25 years of age of all the other places in the surrounding region when ranked by median income-25 to 44 years at $16,875 of the total.

Figure 9 breaks down the source of income and Gravois Mills has the smallest proportion of investment and retirement income at 8.8% 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 With Retirement Income of 7.9% which is the smallest when ranked by households with retirement income of all the other places in the local area. The city with the highest households with retirement income in the area is Sunrise Beach which depicts a households with retirement income of 35.8% (approximately 4.5 times bigger).

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Gravois Mills depicts it has the hightest cost of 103.4 for the cost of miscellaneous items classification.

Gravois Mills 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 Wuhan virus Pandemic the monthly unemployment rate went from 7.0% to 2.9% in February 2020. This represents a decrease in the monthly unemployment rate of 58.6%. Since that time, the monthly unemployment rate has gone to 5.0% This represents an increase in the monthly unemployment rate of 72.4%. 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 February 2010 to before the disasterous Coronavirus Pandemic the monthly labor force participation went from 21,656 to 20,592 in February 2020. This represents a decrease in the monthly labor force participation of 4.9%. Since that time, the monthly labor force participation has gone to 20,369 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 Gravois Mills shows it has a Unemployment Rate of 3.7% which is in the mid range of other places in the metro area. The city with the highest unemployment rate in the area is Barnett which shows a rate of 7.6% (about twice as large). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Gravois Mills depicts it has a Labor Force Participation of 57.0% which is the second most participation rates of all the places in the greater Gravois Mills region.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Gravois Mills depicts full time employees very much 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 Gravois Mills area. Gravois Mills depicts it has a Single Earner Families of 10.0% which is the smallest when ranked by families with a single earner of all the other places in the greater region. The city with the highest families with a single earner in the area is Barnett which shows a single earners rate of 36.8% (approximately 3.7 times bigger). The percentage of families with no one working is depicted in Figure 22. Gravois Mills depicts it has a Families with No One Working of 10.0% which is the smallest in order of families with no one working of all the other places in the metro area. The city with the highest families with no one working in the area is Sunrise Beach which depicts a families with no worker of 36.0% (approximately 3.6 times bigger).

Gravois Mills Missouri Poverty Charts

The next section details economy analysis about poverty for residents of the Gravois Mills 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. Gravois Mills depicts it has a Total In Poverty of 38 which is the smallest as measured by total people earning less than the poverty level of all the other places in the surrounding region. The city with the highest total people earning less than the poverty level in the area is Versailles which depicts a total people earning less than the poverty level of 703 ( very much bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Gravois Mills depicts it has a Percent of Population In Poverty of 24.8% which is in the mid range of other places in the surrounding region. The city with the highest percent of people earning less than the poverty level in the area is Barnett which shows a percent of people in poverty of 52.9% (about twice as large).

In Figure 25 people who are in poverty are broken out by age group. Gravois Mills has the largest proportion of person in poverty under 12 years at 21% of the total and is ranked #1. Second, it has one of the largest proportions of person in poverty 12 to 17 years at 32% of the total and is ranked #2. The only larger city being Lake Ozark with 39%. Third, it has one of the largest proportions of person in poverty 18 to 34 years at 29% of the total and is ranked #2. The only larger city being Sunrise Beach with 34%. Also, it has the smallest proportion of person in poverty 35 to 54 years at 8% of the total. In addition, it has the smallest proportion of person in poverty 55 to 64 years at 3% of the total.

Figure 27 shows key poverty statistics for groups based on marriage status. Gravois Mills has the percentage of married with children and in poverty the second smallest as measured by married with children and in poverty of all the other places in the greater region at 22% of the total. Second, it has the smallest proportion of unmarried with children and in poverty at 22% of the total.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Gravois Mills has the percentage of less than highschool in poverty the second smallest in terms of less than highschool in poverty of all the other places in the metropolitan area at 15% of the total. Second, it has the second smallest in order of less than highschool in poverty of all the other places in the greater region as measured by highschool graduate and in poverty at 3% 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. Gravois Mills has the smallest proportion of people who are in poverty and unemployed at 7.9% 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.) Gravois Mills depicts it has a Public Assistance Percent of 44.7% which is more than all other places in the greater Gravois Mills region.

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Gravois Mills depicts it has a Gini Index of 40.5% which is the smallest in order of the gini index of all the other places in the local area.

Gravois Mills Missouri Work Commute Charts

Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Gravois Mills or elsewhere.) Gravois Mills has the smallest proportion of people who drove alone at 51% of the total. Second, it has the largest proportion of people who carpooled at 42% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Gravois Mills has the percentage of people who leave for work between 12am to 5am in the mid range of other places in the metropolitan area at 2% of the total. Second, it has the smallest proportion of people who leave for work between 630 am to 7am at 2% of the total. Third, it has the largest proportion of people who leave for work between 7am to 730am at 29% of the total and is ranked #1. Also, it has the largest proportion of people who leave for work between 730 am to 8am at 20% of the total and is ranked #1. In addition, it has the largest proportion of people who leave for work between 12noon to 4pm at 22% 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. Gravois Mills has the percentage of people with commute time of less than 5 minutesutes the second smallest when ranked by people with commute time of less than 5 minutes of all the other places in the area at 2% of the total. Second, it has one of the largest proportions of people with commute time between 5 to 9 minutes at 24% of the total and is ranked #2. The only larger city being Barnett with 35%. Third, it has one of the largest proportions of people with commute time between 10 to 14 minutes at 20% of the total and is ranked #3. Only #2 Village of Four Seasons (21%), and #1 Lake Ozark (25%) are larger. Also, it has the smallest proportion of people with commute time between 15 to 19 minutes at 2% of the total. In addition, it has the largest proportion of people with commute time between 30 to 34 minutes at 4% of the total and is ranked #1. Furthermore, it has the largest proportion of people with commute time between 35 to 39 minutes at 27% of the total and is ranked #1.

The average commute time is shown in Figure 37. Gravois Mills depicts it has a Avg Commute Time of 26 which is the second most of all the places in the surrounding region. Figure 38 shows the difference between male versus female commuting time. Gravois Mills shows average commute time in minutes for men 33.9% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Gravois Mills has the largest proportion of no vehicle available at 49% of the total and is ranked #1. Second, it has the smallest proportion of 1 vehicle available at 28% of the total. Third, it has the largest proportion of 3 vehicles available at 23% 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.) Gravois Mills shows it has a Work in city or place where live of 28% which is less than most other places in the metropolitan area. The city with the highest people who both work and live in the same city in the area is Versailles which indicates a people who both work and live in the same city of 55% (about twice as large). Comparing people who both work and live in the same city to the United States average of 42%, Gravois Mills is approximately three-fourths the size. Also, versus the state of Missouri, people who both work and live in the same city of 40%, Gravois Mills is approximately three-fourths the size.

Gravois Mills Missouri Jobs Charts

The table in Figure 48, shows Gravois Mills employment data in terms of job categories and salary data.

Gravois Mills 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. Gravois Mills depicts it has the hightest entrepreneurs of 100% for the self employed management, business, science, and arts businesses classification.

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. Gravois Mills shows it has the hightest entrepreneurs of 100% for the self employed in finance, insurance, real estate, rental and leasing aggregate.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Gravois Mills depicts total number of self-employed men approximately half the size as the total number of self-employed women.