New Haven Missouri Income Charts

This section shows the New Haven Missouri economy using the most recent economic analysis from the 2022 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, New Haven indicates it has a Median earnings of $46,369 which is the second most of all the places in the local area. The city with the highest median earnings per worker in the area is Innsbrook which depicts a median earnings of $138,750 (approximately 3.0 times bigger). Comparing median earnings per worker to the United States average of $53,269, New Haven is about 14.9% smaller. Also, in contrast to the state of Missouri, median earnings per worker of $48,226, New Haven is only about 4.0% 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 $60,619 which is in the mid range of other places in the area. The city with the highest median household income in the area is Innsbrook which depicts a median income of $132,917 (about twice as large). Comparing median household income to the United States average of $69,021, New Haven is about 13.9% smaller. Also, in contrast to the state of Missouri, median household income of $61,043, New Haven is about the same size.

The next section examines a variety of different income statistics for the New Haven metropolitan area. In Figure 3 we see that it has the percentage of earnings between $10,000 and $14,999 in the mid point range of other places in the area at 5.1% 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 38.5 which is less than most other places in the local area. The city with the highest average hours in the area is Hermann which shows an average hours of 39.9 (only about 3.6% larger). 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 $23.16 which is the third most average hourly earnings of all other places in the greater New Haven region. The city with the highest average hourly earnings in the area is Innsbrook which depicts an average hourly earnings of $67.55 (approximately 2.9 times bigger). Comparing average hourly earnings to the United States average of $26.40, New Haven is about 14.0% smaller. Also, in comparison with the state of Missouri, average hourly earnings of $23.84, New Haven is only about 2.9% smaller.

Figure 7 examines the number of self employed people in the New Haven metro area based on the number of people who reported any self employment income. New Haven shows it has a Self Employed of 4.8% which is the smallest when ranked by percentage of people self employed of all the other places in the area. The city with the highest percentage of people self employed in the area is Leslie which depicts a percentage self employed of 29.2% ( considerably bigger).

Turning our attention to Figure 8, the median household income by age group, it has one of the largest proportions of median income-under 25 years at $72,875 of the total and is ranked #3. Only #2 Washington ($83,465), and #1 Marthasville ($89,063) are larger. Second, it has in the center range of other places in the metro area when sorted by median income-25 to 44 years at $61,320 of the total. Third, it has one of the largest proportions of median income-45 to 64 years at $43,438 of the total and is ranked #3. Only #2 Berger ($60,833), and #1 Innsbrook ($94,000) are larger.

Figure 9 breaks down the source of income and New Haven has the largest proportion of self employment income at 27.3% 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 With Retirement Income of 24.2% which is less than most other places in the local area. The city with the highest households with retirement income in the area is Innsbrook which shows a households with retirement income of 42.5% (75.2% larger).

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 less than most other places in the greater region at $62,078 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. New Haven shows it has the hightest cost of 103.4 for the cost of miscellaneous items group.

New Haven 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 shows that from February 2010 to before the Wuhan Coronavirus/COVID Pandemic the monthly unemployment rate went from 9.8% to 3.5% in February 2020. This represents a decrease in the monthly unemployment rate of 64.3%. Since that time, the monthly unemployment rate has gone to 3.7% This represents an increase in the monthly unemployment rate of 5.7%. 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 15,839 to 23,459 in March 2020. This represents an increase in the monthly labor force participation of 48.1%. Since that time, the monthly labor force participation has gone to 23,537 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 New Haven depicts it has a Unemployment Rate of 2.6% which is less than most other places in the area. The city with the highest unemployment rate in the area is Berger which depicts a rate of 6.8% (approximately 2.6 times bigger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. New Haven depicts it has a Labor Force Participation of 61.7% which is less than most other places in the metro area.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. New Haven depicts full time employees approximately 3.4 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 New Haven area. New Haven depicts it has a Single Earner Families of 27.4% which is in the mid range of other places in the surrounding region. The city with the highest families with a single earner in the area is Berger which shows a single earners rate of 42.9% (56.2% larger). The percentage of families with no one working is depicted in Figure 22. New Haven depicts it has a Families with No One Working of 25.9% which is the second most families with no one working of all the places in the greater New Haven region. The city with the highest families with no one working in the area is Innsbrook which shows a families with no worker of 47.1% (about twice as large).

New Haven Missouri Poverty Charts

The next section details economy analysis about poverty for residents of the New Haven 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. New Haven depicts it has a Total In Poverty of 384 which is the second most of all the places in the local area. The city with the highest total people earning less than the poverty level in the area is Washington which shows a total people earning less than the poverty level of 841 (about twice as large).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. New Haven shows it has a Percent of Population In Poverty of 13.8% which is the second most percent of people earning less than the poverty level of all the places in the greater New Haven region. The city with the highest percent of people earning less than the poverty level in the area is Berger which depicts a percent of people in poverty of 29.1% (about twice as large).

In Figure 25 people who are in poverty are broken out by age group. New Haven has the largest proportion of person in poverty under 12 years at 20% of the total and is ranked #1. Second, it has less than most other places in the local area as measured by person in poverty 18 to 34 years at 4% of the total. Third, it has one of the largest proportions of person in poverty 35 to 54 years at 32% of the total and is ranked #2. The only larger city being Innsbrook with 62%. Also, it has the second smallest when ranked by person in poverty under 12 years of all the other places in the local area as measured by person in poverty 55 to 64 years at 5% of the total.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. New Haven has the largest proportion of black poverty rate at 21% of the total and is ranked #1.

Figure 27 shows key poverty statistics for groups based on marriage status. New Haven has one of the largest proportions of married with children and in poverty at 29% of the total and is ranked #3. Only #2 Washington (32%), and #1 Berger (70%) are larger. Second, it has one of the largest proportions of unmarried with children and in poverty at 45% of the total and is ranked #2. The only larger city being Berger with 59%.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. New Haven has the largest proportion of highschool graduate and in poverty at 8% of the total and is ranked #1. Figure 29 looks at only those people who make less than the poverty level of income and breaks down there employment status. New Haven has the largest proportion of people who are in poverty and unemployed at 21.6% 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.) New Haven indicates it has a Public Assistance Percent of 7.5% which is the third most households with public assistance of all other places in the greater New Haven region. The city with the highest households with public assistance in the area is Leslie which shows a households with public assistance of 16.7% (approximately 2.2 times bigger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). New Haven indicates it has a Gini Index of 45.9% which is at the top of all other places in the area.

New Haven Missouri Work Commute Charts

In Figure 35 is shown a frequency distribution of the time that people leave for work. New Haven has the percentage of people who leave for work between 12am to 5am in the mid point range of other places in the metro area at 4% of the total. Second, it has the largest proportion of people who leave for work between 7am to 730am at 24% of the total and is ranked #1. Third, it has the smallest proportion of people who leave for work between 9am to 10am at 1% of the total.

The next graph in Figure 36 shows the average number of minutes that it takes for people to commute to work. New Haven has the largest proportion of people with commute time of less than 5 minutesutes at 36% of the total and is ranked #1. Second, it has one of the largest proportions of people with commute time between 5 to 9 minutes at 14% of the total and is ranked #3. Only #2 Washington (17%), and #1 Berger (28%) are larger.

The average commute time is shown in Figure 37. New Haven depicts it has a Avg Commute Time of 18 which is the smallest when sorted by average commute time of all the other places in the area. Figure 38 shows the difference between male versus female commuting time. New Haven depicts average commute time in minutes for men 61.0% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and New Haven has one of the largest proportions of 1 vehicle available at 54% of the total and is ranked #2. The only larger city being Leslie with 67%. Second, it has the second smallest when sorted by no vehicle available of all the other places in the local area in terms of 3 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.) New Haven depicts it has a Work in city or place where live of 33% which is the third most people who both work and live in the same city of all other places in the greater New Haven region. The city with the highest people who both work and live in the same city in the area is Washington which depicts a people who both work and live in the same city of 55% (67.4% larger). Comparing people who both work and live in the same city to the United States average of 44%, New Haven is approximately three-fourths the size. Also, measured against the state of Missouri, people who both work and live in the same city of 43%, New Haven is approximately three-fourths the size.

New Haven 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. New Haven depicts it has the hightest median earnings of $120,643 for the earnings-sales and office occupations aggregate. Similarly, Figure 47 shows the median earnings of women for the job categories and New Haven depicts it has the hightest median earnings of $50,025 for the earnings-education, legal, community service, arts, media occupations grouping. The table in Figure 48, shows New Haven employment data in terms of job categories and salary data.

New Haven 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. New Haven depicts it has the hightest entrepreneurs of 62% for the self employed in sales and office related 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. New Haven shows it has the hightest entrepreneurs of 58% for the self employed in finance, insurance, real estate, rental and leasing grouping.

In Figure 51 the average annual self employment/entrepreneur income is shown. New Haven shows it has a Self Employment Income of $18,062 which is less than most other places in the area. The city with the highest average annual self employment income in the area is Berger which shows an average annual self employment income of $63,211 (approximately 3.5 times bigger). Comparing average annual self employment income to the United States average of $42,141, New Haven is approximately half the size. Also, versus the state of Missouri, average annual self employment income of $36,630, New Haven is approximately half the size.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) New Haven depicts total number of self-employed men approximately a third the size as the total number of self-employed women.