Kaolin township Missouri Income Charts

This section shows the Kaolin township Missouri economy using the most recent economic analysis from the 2019 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Kaolin township depicts it has a median earnings per worker of $32,679 which is less than most other places in the greater region. The city with the highest median earnings per worker in the area is Caledonia which depicts a median earnings of $72,083 (approximately 2.2 times bigger). Comparing median earnings per worker to the United States average of $47,712, Kaolin township is approximately three-fourths the size. Also, versus the state of Missouri, median earnings per worker of $42,474, Kaolin township is approximately three-fourths the size.

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 $37,083 which is the third most median income of all other places in the greater Kaolin township region. The city with the highest median household income in the area is Caledonia which indicates a median income of $46,250 (24.7% larger). Comparing median household income to the United States average of $60,293, Kaolin township is approximately three-fourths the size. Also, in contrast to the state of Missouri, median household income of $53,560, Kaolin township is approximately three-fourths the size.

The next section examines a variety of different income statistics for the Kaolin township metropolitan area. In Figure 3 we see that it has the smallest proportion of earnings less than $10,000 at 3.4% of the total. Second, it has the second smallest in order of median earnings of less than $10,000 of all the other places in the surrounding region when ranked by earnings between $10,000 and $14,999 at 6.9% of the total. Third, it has the largest proportion of earnings between $15,000 and $19,999 at 36.2% of the total and is ranked #1. Also, it has the largest proportion of earnings between $75,000 and $99,999 at 5.7% 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 an average hours of 34.2 which is the smallest when ranked by average hours of all the other places in the local area. The city with the highest average hours in the area is Viburnum which depicts an average hours of 41.6 (21.6% larger). 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 $18.38 which is the third most average hourly earnings of all other places in the greater Kaolin township region. The city with the highest average hourly earnings in the area is Caledonia which depicts an average hourly earnings of $35.91 (about twice as large). Comparing average hourly earnings to the United States average of $23.71, Kaolin township is approximately three-fourths the size. Also, compared to the state of Missouri, average hourly earnings of $21.05, Kaolin township is about 14.6% smaller.

Figure 7 examines the number of self employed people in the Kaolin township metro area based on the number of people who reported any self employment income. Kaolin township shows it has a percentage of people self employed of 18.1% which is the second most people self employed of all the places in the greater Kaolin township region. The city with the highest percentage of people self employed in the area is Caledonia which depicts a percentage self employed of 26.5% (46.1% larger).

Turning our attention to Figure 8, the median household income by age group, it has the largest proportion of median income-45 to 64 years at $57,813 of the total and is ranked #1. Second, it has one of the largest proportions of median income-65 years and over at $43,750 of the total and is ranked #2. The only larger city being Caledonia with $83,438.

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 26.1% which is the third most of all other places in the local area. The city with the highest households with retirement income in the area is Arcadia which shows a households with retirement income of 36.4% (39.6% larger).

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 $54,375 of the total and is ranked #3. Only #2 Arcadia ($58,214), and #1 Caledonia ($62,917) are larger. Second, it has one of the largest proportions of white family income at $58,125 of the total and is ranked #2. The only larger city being Caledonia with $62,917.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Kaolin township depicts it has the hightest cost of 104.3 for the cost of transportation grouping.

Kaolin township 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 2006 to before the disasterous Covid-19 virus Pandemic the monthly unemployment rate went from 4.8% to 3.5% in February 2020. This represents a decrease in the monthly unemployment rate of 27.1%. Since that time, the monthly unemployment rate has gone to 6.9% This represents an increase in the monthly unemployment rate of 97.1%. 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 18,540 to 19,304 in November 2019. This represents an increase in the monthly labor force participation of 4.1%. Since that time, the monthly labor force participation has gone to 19,304 This represents an increase in the monthly labor force participation of very little. Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Kaolin township depicts it has a participation rate of 45.7% which is less than most other places in the local 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). Kaolin township has one of the largest proportions of not in labor force at 54.3% of the total and is ranked #3. Only #2 Ironton (56.9%), and #1 Arcadia (60.8%) are larger.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Kaolin township depicts full time employees about twice as large 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 Kaolin township area. Kaolin township depicts it has a families with a single earner of 38.0% which is in the mid point range of other places in the greater region. The city with the highest families with a single earner in the area is Caledonia which shows a single earners rate of 47.1% (23.7% larger). The percentage of families with no one working is depicted in Figure 22. Kaolin township shows it has a families with no one working of 10.9% which is the second smallest in order of families with no one working of all the other places in the surrounding region. The city with the highest families with no one working in the area is Ironton which shows a families with no worker of 26.3% (approximately 2.4 times bigger).

Kaolin township Missouri Poverty Charts

The next section details economy analysis about poverty for residents of the Kaolin township 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. Kaolin township depicts it has a total people earning less than the poverty level of 17 which is the second smallest in terms of total people earning less than the poverty level of all the other places in the metro area. The city with the highest total people earning less than the poverty level in the area is Ironton which shows a total people earning less than the poverty level of 475 ( considerably bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Kaolin township depicts it has a percent of people earning less than the poverty level of 5.4% which is the smallest in terms of 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 Iron Mountain Lake which shows a percent of people in poverty of 30.5% ( very much bigger).

In Figure 25 people who are in poverty are broken out by age group. Kaolin township has the largest proportion of person in poverty 35 to 54 years at 53% of the total and is ranked #1. Second, it has one of the largest proportions of person in poverty 55 to 64 years at 24% of the total and is ranked #2. The only larger city being Arcadia with 27%.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Kaolin township has the smallest proportion of white poverty rate at 6% of the total.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Kaolin township 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 13% 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. Kaolin township has the largest proportion of people who are in poverty and not in labor force at 23.5% 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.) Kaolin township depicts it has a households with public assistance of 18.8% which is the second smallest as measured by households with public assistance of all the other places in the metro area. The city with the highest households with public assistance in the area is Pilot Knob which depicts a households with public assistance of 40.4% (about twice as large).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Kaolin township shows it has a the gini index of 36.9% which is the smallest in terms of the gini index of all the other places in the surrounding region.

Kaolin township 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 Kaolin township 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.) Kaolin township has the smallest proportion of people who drive a car or motorcycle to work at 87% of the total. Second, it has the largest proportion of people who work at home at 13% 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 Kaolin township or elsewhere.) Kaolin township has the largest proportion of people who work at home at 13% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Kaolin township has one of the largest proportions of people who leave for work between 5am to 530am at 10% of the total and is ranked #2. The only larger city being Iron Mountain Lake with 11%. Second, it has the smallest proportion of people who leave for work between 7am to 730am at 2% of the total. Third, it has the largest proportion of people who leave for work between 8am to 830am at 24% of the total and is ranked #1. Also, it has the largest proportion of people who leave for work between 830 am to 9am at 8% 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. Kaolin township has the percentage of people with commute time of less than 5 minutesutes less than most other places in the local area at 8% of the total. Second, it has the largest proportion of people with commute time between 10 to 14 minutes at 19% of the total and is ranked #1. Third, it has the largest proportion of people with commute time between 35 to 39 minutes at 9% of the total and is ranked #1. Also, it has the largest proportion of people with commute time between 40 to 44 minutes at 11% of the total and is ranked #1. In addition, it has the largest proportion of people with commute time between 45 to 59 minutes at 12% of the total and is ranked #1.

The average commute time is shown in Figure 37. Kaolin township shows it has an average commute time of 26 which is in the mid point range of other places in the metro area. Figure 38 shows the difference between male versus female commuting time. Kaolin township depicts average commute time in minutes for men about twice as large as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Kaolin township has the smallest proportion of 1 vehicle available at 7% of the total. Second, it has one of the largest proportions of 2 vehicles available at 49% of the total and is ranked #2. The only larger city being Arcadia with 59%. Third, it has the smallest proportion of 3 vehicles available at 12% of the total. Also, it has the largest proportion of 5 or more vehicles available at 33% of the total and is ranked #1.

Kaolin township 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. Kaolin township shows it has the hightest median earnings of $51,250 for the earnings-natural resources, construction, maintenance occupations group. The table in Figure 48, shows Kaolin township employment data in terms of job categories and salary data.

Kaolin township Missouri Self Employment Charts

In Figure 51 the average annual self employment/entrepreneur income is shown. Kaolin township shows it has an average annual self employment income of $20,528 which is the second most average annual self employment income of all the places in the greater Kaolin township region. The city with the highest average annual self employment income in the area is Caledonia which depicts an average annual self employment income of $38,250 (about twice as large). Comparing average annual self employment income to the United States average of $37,819, Kaolin township is approximately half the size. Also, compared with the state of Missouri, average annual self employment income of $31,803, Kaolin township 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.) Kaolin township depicts total number of self-employed men 38.5% larger as the total number of self-employed women.