McMillen Coy township Missouri Income Charts

This section shows the McMillen Coy 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, McMillen Coy township depicts it has a median earnings per worker of $41,217 which is the second most median earnings of all the places in the greater McMillen Coy township region. The city with the highest median earnings per worker in the area is Cayuga CDP which shows a median earnings of $53,750 (30.4% larger). Comparing median earnings per worker to the United States average of $47,712, McMillen Coy township is about 15.8% smaller. Also, versus the state of Missouri, median earnings per worker of $42,474, McMillen Coy township is only about 3.0% 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 $50,455 which is the second most median income of all the places in the greater McMillen Coy township region. The city with the highest median household income in the area is Dodge CDP which shows a median income of $59,688 (18.3% larger). Comparing median household income to the United States average of $60,293, McMillen Coy township is about 19.5% smaller. Also, in comparison with the state of Missouri, median household income of $53,560, McMillen Coy township is about 6.2% smaller.

The next section examines a variety of different income statistics for the McMillen Coy township metropolitan area. In Figure 3 we see that it has the percentage of earnings between $10,000 and $14,999 the second smallest in order of median earnings of less than $10,000 of all the other places in the local area at 2.2% of the total. Second, it has the second smallest in terms of median earnings of less than $10,000 of all the other places in the surrounding region in terms of earnings between $15,000 and $19,999 at 4.9% of the total. Third, it has one of the largest proportions of earnings between $50,000 and $74,999 at 31.4% of the total and is ranked #2. The only larger city being Cayuga CDP with 52.4%.

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 less than most other places in the greater region. The city with the highest average hours in the area is Dodge CDP which shows an average hours of 62.9 (59.6% 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 $20.12 which is the second most average hourly earnings of all the places in the greater McMillen Coy township region. The city with the highest average hourly earnings in the area is Cayuga CDP which depicts an average hourly earnings of $23.23 (15.5% larger). Comparing average hourly earnings to the United States average of $23.71, McMillen Coy township is about 17.9% smaller. Also, measured against the state of Missouri, average hourly earnings of $21.05, McMillen Coy township is only about 4.6% smaller.

Figure 7 examines the number of self employed people in the McMillen Coy township metro area based on the number of people who reported any self employment income. McMillen Coy township depicts it has a percentage of people self employed of 3.8% which is the second smallest in terms of percentage of people self employed of all the other places in the surrounding region. The city with the highest percentage of people self employed in the area is Dodge CDP which depicts a percentage self employed of 55.3% ( substantially 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 $55,750 of the total and is ranked #2. The only larger city being Anderson with $55,893. Second, it has the largest proportion of median income-45 to 64 years at $71,467 of the total and is ranked #1. Third, it has one of the largest proportions of median income-65 years and over at $27,946 of the total and is ranked #3. Only #2 Southwest City ($36,250), and #1 Cayuga CDP ($40,313) are larger.

Figure 9 breaks down the source of income and McMillen Coy township has one of the largest proportions of income from wages at 79.1% of the total and is ranked #2. The only larger city being Southwest City with 79.7%.

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 12.7% which is the third most households with retirement income of all other places in the greater McMillen Coy township region. The city with the highest households with retirement income in the area is Cayuga CDP which depicts a households with retirement income of 34.8% (approximately 2.7 times bigger).

In the next chart, Figure 12, the median family income is shown for families broken down by racial group and has the percentage of overall family income the second smallest as measured by overall family income of all the other places in the metro area at $35,938 of the total. Second, it has less than most other places in the greater region when sorted by white family income at $35,938 of the total.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. McMillen Coy township shows it has the hightest cost of 105.1 for the cost of miscellaneous items category.

McMillen Coy 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 disasterous Covid-19 virus Pandemic the monthly unemployment rate went from 7.1% to 2.9% in December 2019. This represents a decrease in the monthly unemployment rate of 59.2%. Since that time, the monthly unemployment rate has gone to 2.9% 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 indicates that from January 2010 to before the disasterous Coronavirus Pandemic the monthly labor force participation went from 10,404 to 12,343 in November 2019. This represents an increase in the monthly labor force participation of 18.6%. Since that time, the monthly labor force participation has gone to 12,343 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 McMillen Coy township depicts it has an unemployment rate of 2.7% which is less than most other places in the local area. The city with the highest unemployment rate in the area is Noel which shows a rate of 6.1% (approximately 2.3 times bigger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. McMillen Coy township shows it has a participation rate of 56.4% which is the third most participation rates of all other places in the greater McMillen Coy township region.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. McMillen Coy township depicts 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 McMillen Coy township area. McMillen Coy township shows it has a families with a single earner of 36.5% 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 Cayuga CDP which depicts a single earners rate of 64.9% (77.6% larger). The percentage of families with no one working is depicted in Figure 22. McMillen Coy township depicts it has a families with no one working of 29.5% which is the second most families with no one working of all the places in the greater McMillen Coy township region. The city with the highest families with no one working in the area is Noel which depicts a families with no worker of 30.5% (only about 3.3% larger).

McMillen Coy township Missouri Poverty Charts

The next section details economy analysis about poverty for residents of the McMillen Coy 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. McMillen Coy township shows it has a total people earning less than the poverty level of 89 which is in the intermediate 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 Noel which depicts a total people earning less than the poverty level of 921 ( 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. McMillen Coy township shows it has a percent of people earning less than the poverty level of 7.8% which is less than most other places in the surrounding region. The city with the highest percent of people earning less than the poverty level in the area is Noel which shows a percent of people in poverty of 38.1% (approximately 4.9 times bigger).

In Figure 25 people who are in poverty are broken out by age group. McMillen Coy township has the percentage of person in poverty 18 to 34 years less than most other places in the metropolitan area at 9% of the total. Second, it has the second smallest in terms of person in poverty under 12 years of all the other places in the greater region when ranked by person in poverty 35 to 54 years at 4% of the total. Third, it has the largest proportion of person in poverty 55 to 64 years at 26% of the total and is ranked #1. Also, it has the largest proportion of person in poverty 65+ years at 61% of the total and is ranked #1.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. McMillen Coy township has the percentage of white poverty rate less than most other places in the metropolitan area at 8% of the total.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. McMillen Coy township has the percentage of less than highschool in poverty less than most other places in the local area at 12% of the total. Second, it has less than most other places in the area in terms of highschool graduate and in poverty 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. McMillen Coy township has the percentage of people who are in poverty and not in labor force less than most other places in the metro area at 9.0% of the total.

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). McMillen Coy township shows it has a the gini index of 31.7% which is the smallest when sorted by the gini index of all the other places in the local area.

McMillen Coy 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 McMillen Coy 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.) McMillen Coy township has the largest proportion of people who drive a car or motorcycle to work at 100% 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 McMillen Coy township or elsewhere.) McMillen Coy township has the largest proportion of people who took a taxicab, motorcycle or other at 2% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. McMillen Coy township has the largest proportion of people who leave for work between 12am to 5am at 14% of the total and is ranked #1. Second, it has the largest proportion of people who leave for work between 12noon to 4pm at 13% 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. McMillen Coy township has the percentage of people with commute time between 5 to 9 minutes less than most other places in the local area at 6% of the total. Second, it has less than most other places in the metro area when sorted by people with commute time between 10 to 14 minutes at 4% of the total. Third, it has the largest proportion of people with commute time between 25 to 29 minutes at 19% of the total and is ranked #1. Also, it has the largest proportion of people with commute time between 45 to 59 minutes at 17% of the total and is ranked #1. In addition, it has the second smallest as measured by people with commute time of less than 5 minutes of all the other places in the area when sorted by people with commute time between 60 to 89 minutes at 1% of the total. Furthermore, it has one of the largest proportions of people with commute time of 90 or more minutesutes at 3% of the total and is ranked #2. The only larger city being Cayuga CDP with 11%.

The average commute time is shown in Figure 37. McMillen Coy township depicts it has an average commute time of 29 which is the largest of all places in the greater McMillen Coy township region. Figure 38 shows the difference between male versus female commuting time. McMillen Coy township depicts average commute time in minutes for men 34.2% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and McMillen Coy township has the percentage of 1 vehicle available the second smallest in terms of no vehicle available of all the other places in the area at 2% of the total. Second, it has the largest proportion of 2 vehicles available at 75% of the total and is ranked #1. Third, it has the second smallest in order of no vehicle available of all the other places in the metro area in order of 3 vehicles available at 10% of the total. Also, it has one of the largest proportions of 5 or more vehicles available at 13% of the total and is ranked #3. Only #2 Southwest City (17%), and #1 Cayuga CDP (23%) are larger.

McMillen Coy 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. McMillen Coy township depicts it has the hightest median earnings of $47,628 for the earnings-production, transportation, material moving occupations category. Similarly, Figure 47 shows the median earnings of women for the job categories and McMillen Coy township depicts it has the hightest median earnings of $50,625 for the earnings-education, legal, community service, arts, media occupations category. The table in Figure 48, shows McMillen Coy township employment data in terms of job categories and salary data.

McMillen Coy 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. McMillen Coy township depicts 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. McMillen Coy township depicts it has the hightest entrepreneurs of 100% for the self employed in wholesale trade category.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) McMillen Coy township depicts total number of self-employed men approximately 2.4 times bigger as the total number of self-employed women.