Madison township-Jasper County Missouri Income Charts

This section shows the Madison township-Jasper County Missouri economy using the most recent economic analysis from the 2019 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Madison township-Jasper County depicts it has a median earnings per worker of $34,869 which is less than most other places in the area. The city with the highest median earnings per worker in the area is Brooklyn Heights which indicates a median earnings of $50,417 (44.6% larger). Comparing median earnings per worker to the United States average of $47,712, Madison township-Jasper County is approximately three-fourths the size. Also, in comparison with the state of Missouri, median earnings per worker of $42,474, Madison township-Jasper County is about 21.8% 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 $66,181 which is more than all other places in the surrounding region. Comparing median household income to the United States average of $60,293, Madison township-Jasper County is 9.8% larger. Also, in contrast to the state of Missouri, median household income of $53,560, Madison township-Jasper County is 23.6% larger.

The next section examines a variety of different income statistics for the Madison township-Jasper County metropolitan area. In Figure 3 we see that it has the percentage of earnings less than $10,000 the second smallest as measured by median earnings of less than $10,000 of all the other places in the surrounding region at 13.9% of the total. Second, it has less than most other places in the local area in terms of earnings between $10,000 and $14,999 at 3.1% 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 39.4 which is the third most average hours of all other places in the greater Madison township-Jasper County region. The city with the highest average hours in the area is Carytown which shows an average hours of 41.1 (only about 4.3% 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 $17.02 which is less than most other places in the metro area. The city with the highest average hourly earnings in the area is Brooklyn Heights which depicts an average hourly earnings of $26.64 (56.5% larger). Comparing average hourly earnings to the United States average of $23.71, Madison township-Jasper County is approximately three-fourths the size. Also, in comparison with the state of Missouri, average hourly earnings of $21.05, Madison township-Jasper County is about 23.7% smaller.

Figure 7 examines the number of self employed people in the Madison township-Jasper County metro area based on the number of people who reported any self employment income. Madison township-Jasper County shows it has a percentage of people self employed of 12.3% which is in the middle range of other places in the local area. The city with the highest percentage of people self employed in the area is Fidelity which shows a percentage self employed of 21.1% (71.1% larger).

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 $66,250 of the total and is ranked #1. Second, it has one of the largest proportions of median income-25 to 44 years at $79,000 of the total and is ranked #2. The only larger city being Fidelity with $108,750. Third, it has one of the largest proportions of median income-45 to 64 years at $68,409 of the total and is ranked #2. The only larger city being Carytown with $75,357. Also, it has the largest proportion of median income-65 years and over at $47,019 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 households with retirement income of 19.8% which is the second smallest as measured by households with retirement income of all the other places in the metro area. The city with the highest households with retirement income in the area is Avilla which shows a households with retirement income of 25.9% (30.7% 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 $67,878 of the total and is ranked #2. The only larger city being Carytown with $67,917. Second, it has the largest proportion of white family income at $68,372 of the total and is ranked #1. Third, it has the largest proportion of hispanic family income at $52,019 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. Madison township-Jasper County shows it has the hightest cost of 108.1 for the cost of utilities grouping.

Madison township-Jasper County 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 indicates that from February 2010 to before the Wuhan Coronavirus/COVID Pandemic the monthly unemployment rate went from 8.5% to 3.3% in December 2019. This represents a decrease in the monthly unemployment rate of 61.2%. Since that time, the monthly unemployment rate has gone to 3.3% 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 Wuhan Coronavirus/COVID Pandemic the monthly labor force participation went from 25,706 to 25,067 in November 2019. This represents a decrease in the monthly labor force participation of 2.5%. Since that time, the monthly labor force participation has gone to 25,067 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 Madison township-Jasper County shows it has an unemployment rate of 1.8% which is the third most of all other places in the metropolitan area. The city with the highest unemployment rate in the area is Carthage which depicts a rate of 5.0% (approximately 2.8 times bigger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Madison township-Jasper County shows it has a participation rate of 61.7% which is the second most participation rates of all the places in the greater Madison township-Jasper County 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). Madison township-Jasper County has the largest proportion of employed at 59.9% of the total and is ranked #1. Second, it has the second smallest as measured by employed of all the other places in the metro area when sorted by not in labor force at 38.3% of the total.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Madison township-Jasper County shows full time employees substantially 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 Madison township-Jasper County area. Madison township-Jasper County depicts it has a families with a single earner of 31.3% which is less than most other places in the surrounding region. The city with the highest families with a single earner in the area is Reeds which shows a single earners rate of 48.0% (53.5% larger). The percentage of families with no one working is depicted in Figure 22. Madison township-Jasper County shows it has a families with no one working of 13.6% which is the second smallest when sorted by 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 Avilla which shows a families with no worker of 42.9% (approximately 3.2 times bigger).

Madison township-Jasper County Missouri Poverty Charts

The next section details economy analysis about poverty for residents of the Madison township-Jasper County 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. Madison township-Jasper County depicts it has a total people earning less than the poverty level of 158 which is the second most total people earning less than the poverty level of all the places in the greater Madison township-Jasper County region. The city with the highest total people earning less than the poverty level in the area is Carthage which shows a total people earning less than the poverty level of 3,810 ( substantially bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Madison township-Jasper County depicts it has a percent of people earning less than the poverty level of 5.4% which is the second smallest as measured by 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 Carthage which shows a percent of people in poverty of 26.7% (approximately 4.9 times bigger).

In Figure 25 people who are in poverty are broken out by age group. Madison township-Jasper County has the percentage of person in poverty under 12 years less than most other places in the metro area at 18% of the total. Second, it has the largest proportion of person in poverty 12 to 17 years at 19% of the total and is ranked #1. Third, it has the largest proportion of person in poverty 35 to 54 years at 35% of the total and is ranked #1.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Madison township-Jasper County has the smallest proportion of white poverty rate at 4% of the total.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Madison township-Jasper County has the percentage of less than highschool in poverty less than most other places in the local area at 16% of the total. Second, it has the smallest proportion of highschool graduate and in poverty at 4% 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. Madison township-Jasper County has the percentage of people who are in poverty and not in labor force in the center range of other places in the surrounding region at 5.1% 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.) Madison township-Jasper County depicts it has a households with public assistance of 7.2% which is the smallest as measured by households with public assistance of all the other places in the surrounding region. The city with the highest households with public assistance in the area is Reeds which depicts a households with public assistance of 25.0% (approximately 3.5 times bigger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Madison township-Jasper County shows it has a the gini index of 30.2% which is less than most other places in the metropolitan area.

Madison township-Jasper County Missouri Work Commute Charts

Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Madison township-Jasper County or elsewhere.) Madison township-Jasper County has the largest proportion of people who bike at 1% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Madison township-Jasper County has the percentage of people who leave for work between 12am to 5am less than most other places in the metro area at 5% of the total. Second, it has the largest proportion of people who leave for work between 530 am to 6am at 16% of the total and is ranked #1. Third, it has the smallest proportion of people who leave for work between 6am to 630am at 4% of the total. Also, it has the largest proportion of people who leave for work between 8am to 830am at 12% 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. Madison township-Jasper County has the percentage of people with commute time of less than 5 minutesutes in the middle range of other places in the greater region at 3% of the total. Second, it has one of the largest proportions of people with commute time between 5 to 9 minutes at 12% of the total and is ranked #3. Only #2 Carytown (14%), and #1 Carthage (26%) are larger. Third, it has one of the largest proportions of people with commute time between 10 to 14 minutes at 24% of the total and is ranked #2. The only larger city being Fidelity with 39%. Also, it has one of the largest proportions of people with commute time between 15 to 19 minutes at 25% of the total and is ranked #2. The only larger city being Carytown with 27%. In addition, it has the smallest proportion of people with commute time between 20 to 24 minutes at 5% of the total. Furthermore, it has the largest proportion of people with commute time between 60 to 89 minutes at 4% of the total and is ranked #1.

The average commute time is shown in Figure 37. Madison township-Jasper County depicts it has an average commute time of 21 which is in the mid point range of other places in the local area. Figure 38 shows the difference between male versus female commuting time. Madison township-Jasper County depicts average commute time in minutes for men approximately three-fourths the size as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Madison township-Jasper County has the percentage of 1 vehicle available the second smallest when sorted by no vehicle available of all the other places in the metro area at 6% of the total. Second, it has the largest proportion of 4 vehicles available at 21% of the total and is ranked #1. Third, it has less than most other places in the metro area as measured by 5 or more vehicles available at 3% of the total. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Madison township-Jasper County depicts it has a people who both work and live in the same city of 52% which is the second most people who both work and live in the same city of all the places in the greater Madison township-Jasper County region. The city with the highest people who both work and live in the same city in the area is Carthage which indicates a people who both work and live in the same city of 55% (only about 4.9% larger). Comparing people who both work and live in the same city to the United States average of 42%, Madison township-Jasper County is 25.2% larger. Also, in comparison with the state of Missouri, people who both work and live in the same city of 40%, Madison township-Jasper County is 29.6% larger.

Madison township-Jasper County 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. Madison township-Jasper County depicts it has the hightest median earnings of $88,839 for the earnings-computer, engineering, and science occupations classification. Similarly, Figure 47 shows the median earnings of women for the job categories and Madison township-Jasper County shows it has the hightest median earnings of $43,438 for the management, business, and financial occupations grouping. The table in Figure 48, shows Madison township-Jasper County employment data in terms of job categories and salary data.

Madison township-Jasper County 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. Madison township-Jasper County depicts it has the hightest entrepreneurs of 62% for the self employed management, business, science, and arts businesses category.

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. Madison township-Jasper County shows it has the hightest entrepreneurs of 38% for the self employed in retail trade classification.

In Figure 51 the average annual self employment/entrepreneur income is shown. Madison township-Jasper County depicts it has an average annual self employment income of $25,402 which is the second most of all the places in the metro area. The city with the highest average annual self employment income in the area is Carthage which shows an average annual self employment income of $34,560 (36.0% larger). Comparing average annual self employment income to the United States average of $37,819, Madison township-Jasper County is approximately three-fourths the size. Also, versus the state of Missouri, average annual self employment income of $31,803, Madison township-Jasper County 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.) Madison township-Jasper County shows total number of self-employed men 57.4% larger as the total number of self-employed women.