La Font township Missouri Income Charts

This section shows the La Font 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, La Font township shows it has a median earnings per worker of $36,500 which is less than most other places in the greater region. The city with the highest median earnings per worker in the area is New Madrid which depicts a median earnings of $44,167 (21.0% larger). Comparing median earnings per worker to the United States average of $47,712, La Font township is approximately three-fourths the size. Also, benchmarked against the state of Missouri, median earnings per worker of $42,474, La Font township is about 16.4% 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 $29,519 which is in the center range of other places in the metro area. The city with the highest median household income in the area is Hayward CDP which depicts a median income of $45,000 (52.4% larger). Comparing median household income to the United States average of $60,293, La Font township is approximately half the size. Also, measured against the state of Missouri, median household income of $53,560, La Font township is approximately half the size.

The next section examines a variety of different income statistics for the La Font township metropolitan area. In Figure 3 we see that it has the smallest proportion of earnings less than $10,000 at 11.8% of the total. Second, it has less than most other places in the metro area in terms of earnings of $100,000 more at 1.7% 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 39.5 which is the third most average hours of all other places in the greater La Font township region. The city with the highest average hours in the area is Hayward CDP which indicates an average hours of 41.8 (only about 5.8% 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 $17.77 which is the third most average hourly earnings of all other places in the greater La Font township region. The city with the highest average hourly earnings in the area is New Madrid which shows an average hourly earnings of $21.67 (21.9% larger). Comparing average hourly earnings to the United States average of $23.71, La Font township is approximately three-fourths the size. Also, in comparison with the state of Missouri, average hourly earnings of $21.05, La Font township is about 18.5% smaller.

Figure 7 examines the number of self employed people in the La Font township metro area based on the number of people who reported any self employment income. La Font township shows it has a percentage of people self employed of 1.4% which is less than most other places in the metro area. The city with the highest percentage of people self employed in the area is Hayward CDP which depicts a percentage self employed of 7.1% ( markedly bigger).

Turning our attention to Figure 8, the median household income by age group, it has one of the largest proportions of median income-25 to 44 years at $40,956 of the total and is ranked #2. The only larger city being Hayward CDP with $59,583. Second, it has one of the largest proportions of median income-45 to 64 years at $44,000 of the total and is ranked #2. The only larger city being New Madrid with $53,333. Third, it has less than most other places in the local area when sorted by median income-65 years and over at $18,750 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 18.1% which is the most of all places in the greater La Font township region.

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 $41,094 of the total and is ranked #2. The only larger city being Hayward CDP with $56,250. Second, it has one of the largest proportions of white family income at $42,750 of the total and is ranked #2. The only larger city being New Madrid with $52,824.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. La Font township shows it has the hightest cost of 96.7 for the cost of miscellaneous items aggregate.

La Font 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 2010 to before the Coronavirus Pandemic the monthly unemployment rate went from 7.3% to 3.0% in December 2019. This represents a decrease in the monthly unemployment rate of 58.9%. Since that time, the monthly unemployment rate has gone to 3.0% 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 disasterous Coronavirus Pandemic the monthly labor force participation went from 19,977 to 20,406 in November 2019. This represents an increase in the monthly labor force participation of 2.1%. Since that time, the monthly labor force participation has gone to 20,406 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 La Font township shows it has an unemployment rate of 6.8% which is in the center range of other places in the metro area. The city with the highest unemployment rate in the area is Marston which depicts a rate of 9.9% (45.2% larger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. La Font township shows it has a participation rate of 41.6% which is the second smallest when ranked by participation rate of all the other places in the greater 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). La Font township has one of the largest proportions of not in labor force at 58.4% of the total and is ranked #2. The only larger city being Marston with 62.3%.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. La Font township shows full time employees approximately 3.2 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 La Font township area. La Font township shows it has a families with a single earner of 23.2% which is the smallest in terms of 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 Howardville which depicts a single earners rate of 75.0% (approximately 3.2 times bigger). The percentage of families with no one working is depicted in Figure 22. La Font township indicates it has a families with no one working of 52.5% which is is the uppermost of the places in the greater La Font township region.

La Font township Missouri Poverty Charts

The next section details economy analysis about poverty for residents of the La Font 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. La Font township shows it has a total people earning less than the poverty level of 95 which is in the middle range of other places in the local area. The city with the highest total people earning less than the poverty level in the area is Portageville which shows a total people earning less than the poverty level of 773 ( considerably bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. La Font township depicts it has a percent of people earning less than the poverty level of 16.1% which is the smallest in order of percent of people earning less than the poverty level of all the other places in the surrounding region. The city with the highest percent of people earning less than the poverty level in the area is Howardville which shows a percent of people in poverty of 30.1% (about twice as large).

In Figure 25 people who are in poverty are broken out by age group. La Font township has the percentage of person in poverty 18 to 34 years the second smallest as measured by person in poverty under 12 years of all the other places in the local area at 13% of the total. Second, it has one of the largest proportions of person in poverty 35 to 54 years at 28% of the total and is ranked #2. The only larger city being Lilbourn with 42%. Third, it has less than most other places in the local area in order of person in poverty 55 to 64 years at 8% of the total. Also, it has the largest proportion of person in poverty 65+ years at 23% of the total and is ranked #1.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. La Font township has the largest proportion of black poverty rate at 94% of the total and is ranked #1.

Figure 27 shows key poverty statistics for groups based on marriage status. La Font township has the percentage of unmarried with children and in poverty less than most other places in the greater region at 27% of the total. Second, it has less than most other places in the area in terms of unmarried female with children and in poverty at 12% of the total. Third, it has one of the largest proportions of unmarried male with children and in poverty at 61% of the total and is ranked #3. Only #2 New Madrid (90%), and #1 Marston (100%) are larger.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. La Font township has the percentage of less than highschool in poverty the second smallest when sorted by less than highschool in poverty of all the other places in the metro area at 18% of the total. Second, it has the smallest proportion of highschool graduate and in poverty at 17% of the total. Third, it has the smallest proportion of has some college and in poverty at 9% 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. La Font township has the percentage of people who are in poverty and employed the second smallest when sorted by people who are in poverty and employed of all the other places in the metro area at 6.3% of the total. Second, it has the largest proportion of people who are in poverty and not in labor force at 38.9% 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.) La Font township shows it has a households with public assistance of 11.0% which is the smallest in order 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 Howardville which shows a households with public assistance of 63.9% ( substantially bigger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). La Font township shows it has a the gini index of 37.7% which is less than most other places in the area.

La Font township Missouri Work Commute Charts

In Figure 35 is shown a frequency distribution of the time that people leave for work. La Font township has the percentage of people who leave for work between 12am to 5am less than most other places in the local area at 1% of the total. Second, it has the largest proportion of people who leave for work between 530 am to 6am at 23% of the total and is ranked #1. Third, it has the largest proportion of people who leave for work between 6am to 630am at 24% of the total and is ranked #1. Also, it has the smallest proportion of people who leave for work between 730 am to 8am at 4% of the total.

The next graph in Figure 36 shows the average number of minutes that it takes for people to commute to work. La Font township has one of the largest proportions of people with commute time of less than 5 minutesutes at 13% of the total and is ranked #3. Only #2 Portageville (22%), and #1 Marston (34%) are larger. Second, it has the second smallest as measured by people with commute time of less than 5 minutes of all the other places in the metro area when ranked by people with commute time between 5 to 9 minutes at 4% of the total. Third, it has the smallest proportion of people with commute time between 20 to 24 minutes at 2% of the total. Also, it has the largest proportion of people with commute time between 35 to 39 minutes at 21% 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 22% of the total and is ranked #1.

The average commute time is shown in Figure 37. La Font township shows it has an average commute time of 29 which is the second most average commute time of all the places in the greater La Font township region. Figure 38 shows the difference between male versus female commuting time. La Font township depicts average commute time in minutes for men 34.3% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and La Font township has the percentage of 1 vehicle available the second smallest in order of no vehicle available of all the other places in the metro area at 20% of the total. Second, it has one of the largest proportions of 3 vehicles available at 29% of the total and is ranked #2. The only larger city being Hayward CDP with 39%. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) La Font township shows it has a people who both work and live in the same city of 41% which is the second most of all the places in the local area. The city with the highest people who both work and live in the same city in the area is Portageville which shows a people who both work and live in the same city of 42% ( only slightly larger). Comparing people who both work and live in the same city to the United States average of 42%, La Font township is about the same size. Also, in contrast to the state of Missouri, people who both work and live in the same city of 40%, La Font township is only slightly larger.

La Font 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. La Font township shows it has the hightest median earnings of $51,625 for the earnings-production, transportation, material moving occupations category. The table in Figure 48, shows La Font township employment data in terms of job categories and salary data.

La Font township 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. La Font township shows it has the hightest entrepreneurs of 100% for the self employed in production, transportation, and material moving businesses group.

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. La Font township shows it has the hightest entrepreneurs of 100% for the self employed in construction category.