Pasadena Park Missouri Income Charts

This section shows the Pasadena Park Missouri economy using the most recent economic analysis from the 2020 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Pasadena Park depicts it has a Median earnings of $49,167 which is the third most of all other places in the metropolitan area. The city with the highest median earnings per worker in the area is Bellerive Acres which depicts a median earnings of $67,708 (37.7% larger). Comparing median earnings per worker to the United States average of $49,041, Pasadena Park is about the same size. Also, in contrast to the state of Missouri, median earnings per worker of $44,279, Pasadena Park is 11.0% larger.

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 $56,786 which is in the center range of other places in the greater region. The city with the highest median household income in the area is Bellerive Acres which shows a median income of $123,194 (about twice as large). Comparing median household income to the United States average of $62,843, Pasadena Park is about 10.7% smaller. Also, measured against the state of Missouri, median household income of $55,461, Pasadena Park is only slightly larger.

The next section examines a variety of different income statistics for the Pasadena Park metropolitan area. In Figure 3 we see that it it has one of the largest proportions of earnings less than $10,000 at 8.2% of the total and is ranked #2. The only larger city being Norwood Court with 9.1%. Second, it has the smallest proportion of earnings between $10,000 and $14,999 at 1.4% of the total. Third, it has in the middle range of other places in the greater region when sorted by earnings between $15,000 and $19,999 at 37.2% 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 39.5 which is the second most average hours of all the places in the greater Pasadena Park region. The city with the highest average hours in the area is Glen Echo Park which depicts an average hours of 44.9 (13.7% 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 $23.94 which is the third most of all other places in the metropolitan area. The city with the highest average hourly earnings in the area is Bellerive Acres which depicts an average hourly earnings of $34.00 (42.0% larger). Comparing average hourly earnings to the United States average of $24.31, Pasadena Park is about the same size. Also, measured against the state of Missouri, average hourly earnings of $21.89, Pasadena Park is 9.4% larger.

Figure 7 examines the number of self employed people in the Pasadena Park metro area based on the number of people who reported any self employment income. Pasadena Park shows it has a Self Employed of 15.3% which is the largest of all places in the metro area.

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 $55,000 of the total and is ranked #3. Only #2 Pasadena Hills ($88,056), and #1 Glen Echo Park ($93,036) are larger. Second, it has in the mid range of other places in the metro area when sorted by median income-25 to 44 years at $60,625 of the total. Third, it has one of the largest proportions of median income-45 to 64 years at $50,625 of the total and is ranked #3. Only #2 Pasadena Hills ($57,708), and #1 Bellerive Acres ($100,000) are larger.

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 34.2% which is in the middle range of other places in the greater region. The city with the highest households with retirement income in the area is Bellerive Acres which depicts a households with retirement income of 49.4% (44.3% 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 $106,875 of the total and is ranked #3. Only #2 Pasadena Hills ($111,667), and #1 Bellerive Acres ($150,625) are larger. Second, it has the second smallest when ranked by overall family income of all the other places in the greater region in terms of white family income at $47,292 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. Pasadena Park depicts it has the hightest cost of 100.8 for the cost of healthcare classification.

Pasadena Park 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 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 6.2% This represents an increase in the monthly unemployment rate of 77.1%. 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 February 2010 to before the Wuhan Coronavirus/COVID Pandemic the monthly labor force participation went from 18,814 to 18,642 in February 2020. This represents a decrease in the monthly labor force participation of very little. Since that time, the monthly labor force participation has gone to 18,364 This represents a decrease 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 Pasadena Park shows it has a Unemployment Rate of 2.6% which is the second smallest when sorted by unemployment rate of all the other places in the local area. The city with the highest unemployment rate in the area is Northwoods which depicts a rate of 7.6% (approximately 2.9 times bigger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Pasadena Park depicts it has a Labor Force Participation of 66.6% which is the third most of all other places in the local area.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Pasadena Park depicts full time employees approximately 3.6 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 Pasadena Park area. Pasadena Park depicts it has a Single Earner Families of 33.3% which is the third most families with a single earner of all other places in the greater Pasadena Park region. The city with the highest families with a single earner in the area is Norwood Court which depicts a single earners rate of 50.0% (50.0% larger). The percentage of families with no one working is depicted in Figure 22. Pasadena Park shows it has a Families with No One Working of 15.4% which is in the mid point range of other places in the metropolitan area. The city with the highest families with no one working in the area is Northwoods which shows a families with no worker of 53.4% (approximately 3.5 times bigger).

Pasadena Park Missouri Poverty Charts

The next section details economy analysis about poverty for residents of the Pasadena Park 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. Pasadena Park depicts it has a Total In Poverty of 38 which is less than most other places in the local area. The city with the highest total people earning less than the poverty level in the area is Northwoods which shows a total people earning less than the poverty level of 1,051 ( 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. Pasadena Park depicts it has a Percent of Population In Poverty of 10.3% which is in the center range of other places in the metro area. The city with the highest percent of people earning less than the poverty level in the area is Norwood Court which shows a percent of people in poverty of 32.4% (approximately 3.1 times bigger).

In Figure 25 people who are in poverty are broken out by age group. Pasadena Park has the percentage of person in poverty 18 to 34 years the second smallest in terms of person in poverty under 12 years of all the other places in the greater region at 5% of the total. Second, it has less than most other places in the metropolitan area in order of person in poverty 55 to 64 years at 5% of the total.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Pasadena Park has the largest proportion of has some college and in poverty at 7% 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. Pasadena Park has the percentage of people who are in poverty and unemployed in the mid range of other places in the metro area at 23.7% 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.) Pasadena Park shows it has a Public Assistance Percent of 3.7% 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 Normandy which depicts a households with public assistance of 23.0% ( appreciably bigger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Pasadena Park depicts it has a Gini Index of 35.8% which is in the middle range of other places in the area.

Pasadena Park 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 Pasadena Park 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.) Pasadena Park has the largest proportion of people who bicycle or walk to work at 11% 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 Pasadena Park or elsewhere.) Pasadena Park has the largest proportion of people who work from home at 11% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Pasadena Park has the largest proportion of people who leave for work between 12am to 5am at 6% of the total and is ranked #1. Second, it has the smallest proportion of people who leave for work between 6am to 630am at 2% of the total. Third, it has the largest proportion of people who leave for work between 630 am to 7am at 25% 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 12% of the total and is ranked #1. In addition, it has the smallest proportion of people who leave for work between 12noon to 4pm 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. Pasadena Park has the smallest proportion of people with commute time of less than 5 minutesutes at 3% of the total. Second, it has the largest proportion of people with commute time between 5 to 9 minutes at 24% of the total and is ranked #1. Third, it has the largest proportion of people with commute time between 10 to 14 minutes at 23% of the total and is ranked #1. Also, it has the smallest proportion of people with commute time between 45 to 59 minutes at 2% of the total.

The average commute time is shown in Figure 37. Pasadena Park indicates it has a Avg Commute Time of 18 which is the smallest in order of average commute time of all the other places in the area. Figure 38 shows the difference between male versus female commuting time. Pasadena Park depicts average commute time in minutes for men approximately half the size as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Pasadena Park has one of the largest proportions of 1 vehicle available at 44% of the total and is ranked #3. Only #2 Normandy (45%), and #1 Pasadena Hills (50%) are larger. Second, it has one of the largest proportions of 2 vehicles available at 23% of the total and is ranked #2. The only larger city being Bellerive Acres with 42%. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Pasadena Park depicts it has a Work in city or place where live of 11% which is the largest of all places in the greater region. Comparing people who both work and live in the same city to the United States average of 42%, Pasadena Park is approximately a third the size. Also, compared with the state of Missouri, people who both work and live in the same city of 40%, Pasadena Park is approximately a third the size.

Pasadena Park 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. Pasadena Park depicts it has the hightest median earnings of $103,750 for the management, business, and financial occupations classification. Similarly, Figure 47 shows the median earnings of women for the job categories and Pasadena Park shows it has the hightest median earnings of $89,375 for the earnings-healthcare practitioners and tech occupations grouping. The table in Figure 48, shows Pasadena Park employment data in terms of job categories and salary data.

Pasadena Park 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. Pasadena Park depicts it has the hightest entrepreneurs of 100% for the self employed management, business, science, and arts businesses grouping.

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. Pasadena Park depicts it has the hightest entrepreneurs of 57% for the self employed in manufacturing aggregate.

In Figure 51 the average annual self employment/entrepreneur income is shown. Pasadena Park shows it has a Self Employment Income of $20,576 which is the third most of all other places in the local area. The city with the highest average annual self employment income in the area is Pasadena Hills which depicts an average annual self employment income of $42,196 (about twice as large). Comparing average annual self employment income to the United States average of $39,154, Pasadena Park is approximately half the size. Also, compared to the state of Missouri, average annual self employment income of $33,069, Pasadena Park is approximately three-fourths the size.