Randolph township Missouri Income Charts

This section shows the Randolph 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, Randolph township shows it has a median earnings per worker of $33,538 which is the second most of all the places in the greater region. The city with the highest median earnings per worker in the area is Terre du Lac CDP which shows a median earnings of $42,218 (25.9% larger). Comparing median earnings per worker to the United States average of $47,712, Randolph township is approximately three-fourths the size. Also, compared to the state of Missouri, median earnings per worker of $42,474, Randolph township is approximately three-fourths the size.

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 $39,622 which is the second most median income of all the places in the greater Randolph township region. The city with the highest median household income in the area is Terre du Lac CDP which depicts a median income of $59,712 (50.7% larger). Comparing median household income to the United States average of $60,293, Randolph township is approximately three-fourths the size. Also, measured against the state of Missouri, median household income of $53,560, Randolph township is approximately three-fourths the size.

The next section examines a variety of different income statistics for the Randolph township metropolitan area. In Figure 3 we see that it has the percentage of earnings less than $10,000 less than most other places in the metro area at 20.6% of the total. Second, it has less than most other places in the surrounding region in order of earnings between $10,000 and $14,999 at 4.8% of the total. Third, it has the largest proportion of earnings between $75,000 and $99,999 at 7.7% of the total and is ranked #1. Also, it has the largest proportion of earnings of $100,000 more at 3.5% of the total and is ranked #1.

Figure 5 has the Average number of hours worked in a typical work week during the year, it has an average hours of 37.4 which is the third most average hours of all other places in the greater Randolph township region. The city with the highest average hours in the area is Desloge which depicts an average hours of 38.7 (only about 3.5% 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 $17.24 which is the second most of all the places in the local area. The city with the highest average hourly earnings in the area is Terre du Lac CDP which depicts an average hourly earnings of $21.31 (23.6% larger). Comparing average hourly earnings to the United States average of $23.71, Randolph township is approximately three-fourths the size. Also, benchmarked against the state of Missouri, average hourly earnings of $21.05, Randolph township is about 22.1% smaller.

Figure 7 examines the number of self employed people in the Randolph township metro area based on the number of people who reported any self employment income. Randolph township depicts it has a percentage of people self employed of 7.5% which is the second smallest when sorted by percentage of people self employed of all the other places in the local area. The city with the highest percentage of people self employed in the area is Wortham CDP which depicts a percentage self employed of 35.8% (approximately 4.8 times 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 $26,604 of the total and is ranked #2. The only larger city being Leadwood with $31,298. Second, it has one of the largest proportions of median income-25 to 44 years at $44,494 of the total and is ranked #2. The only larger city being Terre du Lac CDP with $78,542. Third, it has one of the largest proportions of median income-45 to 64 years at $60,459 of the total and is ranked #2. The only larger city being Terre du Lac CDP with $90,203. Also, it has one of the largest proportions of median income-65 years and over at $27,957 of the total and is ranked #3. Only #2 Irondale ($36,750), and #1 Terre du Lac CDP ($47,578) are larger.

Figure 9 breaks down the source of income and Randolph township has one of the largest proportions of income from wages at 74.0% of the total and is ranked #2. The only larger city being Terre du Lac CDP with 75.0%.

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 27.2% which is in the mid point range of other places in the surrounding region. The city with the highest households with retirement income in the area is Irondale which shows a households with retirement income of 37.4% (37.7% 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 $52,028 of the total and is ranked #2. The only larger city being Terre du Lac CDP with $80,824. Second, it has one of the largest proportions of white family income at $52,028 of the total and is ranked #2. The only larger city being Terre du Lac CDP with $80,597.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Randolph township depicts it has the hightest cost of 100.8 for the cost of healthcare classification.

Randolph 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 shows that from February 2006 to before the Wuhan Coronavirus 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 6.9% This represents an increase in the monthly unemployment rate of 97.1%. 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 January 2010 to before the Wuhan Coronavirus/COVID Pandemic the monthly labor force participation went from 18,540 to 19,304 in November 2019. This represents an increase in the monthly labor force participation of 4.1%. Since that time, the monthly labor force participation has gone to 19,304 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 Randolph township depicts it has an unemployment rate of 4.0% which is less than most other places in the metro area. The city with the highest unemployment rate in the area is Frankclay CDP which shows a rate of 15.7% (approximately 3.9 times bigger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Randolph township depicts it has a participation rate of 62.1% which is the highest of all places in the area.

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). Randolph township has the largest proportion of employed at 58.1% of the total and is ranked #1. Second, it has the smallest proportion of not in labor force at 37.9% of the total.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Randolph township shows full time employees approximately 2.9 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 Randolph township area. Randolph township depicts it has a families with a single earner of 31.7% which is less than most other places in the local area. The city with the highest families with a single earner in the area is Wortham CDP which depicts a single earners rate of 100.0% (approximately 3.2 times bigger). The percentage of families with no one working is depicted in Figure 22. Randolph township shows it has a families with no one working of 17.9% which is in the mid range of other places in the metro area. The city with the highest families with no one working in the area is Desloge which shows a families with no worker of 23.9% (33.1% larger).

Randolph township Missouri Poverty Charts

The next section details economy analysis about poverty for residents of the Randolph 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. Randolph township depicts it has a total people earning less than the poverty level of 1,583 which is at the top of all other places in the greater Randolph township region.

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Randolph township depicts it has a percent of people earning less than the poverty level of 16.7% which is less than most other places in the greater region. The city with the highest percent of people earning less than the poverty level in the area is Wortham CDP which shows a percent of people in poverty of 77.4% (approximately 4.6 times bigger).

In Figure 25 people who are in poverty are broken out by age group. Randolph township has the percentage of person in poverty 18 to 34 years in the mid range of other places in the metropolitan area at 28% of the total. Second, it has one of the largest proportions of person in poverty 55 to 64 years at 11% of the total and is ranked #3. Only #2 Desloge (13%), and #1 Frankclay CDP (74%) are larger.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Randolph township has the percentage of white poverty rate less than most other places in the local area at 17% of the total.

Figure 27 shows key poverty statistics for groups based on marriage status. Randolph township has the percentage of married with children and in poverty in the mid range of other places in the metro area at 10% of the total. Second, it has one of the largest proportions of unmarried with children and in poverty at 41% of the total and is ranked #3. Only #2 Irondale (61%), and #1 Terre du Lac CDP (71%) are larger. Third, it has one of the largest proportions of unmarried female with children and in poverty at 50% of the total and is ranked #3. Only #2 Irondale (79%), and #1 Terre du Lac CDP (100%) are larger.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Randolph township has the percentage of less than highschool in poverty less than most other places in the local area at 25% of the total. Second, it has less than most other places in the metropolitan area in terms of highschool graduate and in poverty at 13% of the total. Third, it has the second smallest as measured by less than highschool in poverty of all the other places in the surrounding region in terms of has some college and in poverty at 14% 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.) Randolph township shows it has a households with public assistance of 19.1% which is less than most other places in the local area. The city with the highest households with public assistance in the area is Frankclay CDP which shows a households with public assistance of 75.5% (approximately 4.0 times bigger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Randolph township shows it has a the gini index of 42.4% which is the second most the gini index of all the places in the greater Randolph township region.

Randolph township Missouri Work Commute Charts

Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Randolph township or elsewhere.) Randolph township has one of the largest proportions of people who carpooled at 14% of the total and is ranked #2. The only larger city being Irondale with 16%.

The next graph in Figure 36 shows the average number of minutes that it takes for people to commute to work. Randolph township has one of the largest proportions of people with commute time between 5 to 9 minutes at 14% of the total and is ranked #2. The only larger city being Desloge with 15%. Second, it has one of the largest proportions of people with commute time between 10 to 14 minutes at 17% of the total and is ranked #2. The only larger city being Desloge with 17%. Third, it has the smallest proportion of people with commute time between 15 to 19 minutes at 17% of the total. Also, it has one of the largest proportions of people with commute time of 90 or more minutesutes at 5% of the total and is ranked #2. The only larger city being Terre du Lac CDP with 8%.

The average commute time is shown in Figure 37. Randolph township depicts it has an average commute time of 25 which is the third most of all other places in the local area. Figure 38 shows the difference between male versus female commuting time. Randolph township shows average commute time in minutes for men 62.0% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Randolph township has one of the largest proportions of no vehicle available at 3% of the total and is ranked #2. The only larger city being Desloge with 5%. Second, it has in the intermediate range of other places in the local area as measured by 1 vehicle available at 21% of the total. Third, it has in the mid point range of other places in the local area as measured by 2 vehicles available at 35% of the total. Also, it has one of the largest proportions of 4 vehicles available at 5% of the total and is ranked #3. Only #2 Irondale (13%), and #1 Terre du Lac CDP (20%) are larger. In addition, it has one of the largest proportions of 5 or more vehicles available at 6% of the total and is ranked #2. The only larger city being Irondale with 14%. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Randolph township depicts it has a people who both work and live in the same city of 19% which is the second most people who both work and live in the same city of all the places in the greater Randolph township region. The city with the highest people who both work and live in the same city in the area is Wortham CDP which shows a people who both work and live in the same city of 25% (30.2% larger). Comparing people who both work and live in the same city to the United States average of 42%, Randolph township is approximately half the size. Also, versus the state of Missouri, people who both work and live in the same city of 40%, Randolph township is approximately half the size.

Randolph 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. Randolph township shows it has the hightest median earnings of $96,159 for the management, business, and financial occupations classification. Similarly, Figure 47 shows the median earnings of women for the job categories and Randolph township shows it has the hightest median earnings of $115,071 for the earnings-computer, engineering, and science occupations group. The table in Figure 48, shows Randolph township employment data in terms of job categories and salary data.

Randolph 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. Randolph township shows it has the hightest entrepreneurs of 40% for the self employed management, business, science, and arts businesses aggregate.

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. Randolph township depicts it has the hightest entrepreneurs of 60% for the self employed in construction grouping.

In Figure 51 the average annual self employment/entrepreneur income is shown. Randolph township shows it has an average annual self employment income of $18,190 which is the third most average annual self employment income of all other places in the greater Randolph township region. The city with the highest average annual self employment income in the area is Terre du Lac CDP which depicts an average annual self employment income of $23,419 (28.7% larger). Comparing average annual self employment income to the United States average of $37,819, Randolph township is approximately half the size. Also, compared with the state of Missouri, average annual self employment income of $31,803, Randolph township is approximately half the size.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Randolph township depicts total number of self-employed men approximately three-fourths the size as the total number of self-employed women.