Rock Hill Missouri Income Charts

This section shows the Rock Hill Missouri economy using the most recent economic analysis from the 2020 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Rock Hill shows it has a Median earnings of $62,787 which is the second smallest when sorted by median earnings per worker of all the other places in the greater region. The city with the highest median earnings per worker in the area is Ladue which depicts a median earnings of $138,487 (approximately 2.2 times bigger). Comparing median earnings per worker to the United States average of $49,041, Rock Hill is 28.0% larger. Also, in comparison with the state of Missouri, median earnings per worker of $44,279, Rock Hill is 41.8% 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 $83,398 which is the second smallest in terms of median household income of all the other places in the metro area. The city with the highest median household income in the area is Ladue which depicts a median income of $214,875 (approximately 2.6 times bigger). Comparing median household income to the United States average of $62,843, Rock Hill is 32.7% larger. Also, versus the state of Missouri, median household income of $55,461, Rock Hill is 50.4% larger.

The next section examines a variety of different income statistics for the Rock Hill metropolitan area. In Figure 3 we see that it has the smallest proportion of earnings less than $10,000 at 1.9% of the total. Second, it has the largest proportion of earnings between $10,000 and $14,999 at 9.3% of the total and is ranked #1. Third, it has one of the largest proportions of earnings between $15,000 and $19,999 at 21.7% of the total and is ranked #2. The only larger city being Brentwood with 23.9%. Also, it has the second smallest when sorted by median earnings of less than $10,000 of all the other places in the greater region as measured by earnings between $75,000 and $99,999 at 19.1% 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 40.1 which is in the mid range of other places in the metro area. The city with the highest average hours in the area is Brentwood which depicts an average hours of 41.5 (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 a Avg Hrly Earnings of $30.11 which is the second smallest in terms of average hourly earnings of all the other places in the metro area. The city with the highest average hourly earnings in the area is Ladue which depicts an average hourly earnings of $64.64 (about twice as large). Comparing average hourly earnings to the United States average of $24.31, Rock Hill is 23.9% larger. Also, compared to the state of Missouri, average hourly earnings of $21.89, Rock Hill is 37.6% larger.

Figure 7 examines the number of self employed people in the Rock Hill metro area based on the number of people who reported any self employment income. Rock Hill depicts it has a Self Employed of 11.3% which is the second smallest as measured 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 Ladue which depicts a percentage self employed of 17.8% (57.3% larger).

Turning our attention to Figure 8, the median household income by age group, has the percentage of median income-under 25 years the second smallest when sorted by median income for those under 25 years of age of all the other places in the metro area at $105,107 of the total. Second, it has the second smallest when ranked by median income for those under 25 years of age of all the other places in the surrounding region in terms of median income-25 to 44 years at $92,083 of the total. Third, it has the smallest proportion of median income-45 to 64 years at $46,838 of the total.

Figure 9 breaks down the source of income and Rock Hill has the largest proportion of income from wages at 6.7% of the total and is ranked #1. Second, it has the smallest proportion of self employment income at 5.1% of the total. Third, it has the largest proportion of social security at 0.5% 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 13.5% which is the smallest in order of 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 Webster Groves which depicts a households with retirement income of 23.6% (74.4% 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 the second smallest when ranked by overall family income of all the other places in the metro area at $118,207 of the total. Second, it has the largest proportion of white family income at $68,676 of the total and is ranked #1. Third, it has the largest proportion of hawaiian family income at $113,618 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. Rock Hill shows it has the hightest cost of 100.8 for the cost of healthcare classification.

Rock Hill 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 Pandemic the monthly unemployment rate went from 6.9% to 2.5% in February 2020. This represents a decrease in the monthly unemployment rate of 63.8%. Since that time, the monthly unemployment rate has gone to 2.6% This represents an increase in the monthly unemployment rate of 4.0%. 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 COVID-19 Pandemic the monthly labor force participation went from 15,482 to 16,160 in February 2020. This represents an increase in the monthly labor force participation of 4.4%. Since that time, the monthly labor force participation has gone to 15,885 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 Rock Hill shows it has a Unemployment Rate of 1.1% which is the third most of all other places in the metropolitan area. The city with the highest unemployment rate in the area is Webster Groves which depicts a rate of 2.0% (77.4% larger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Rock Hill depicts it has a Labor Force Participation of 74.3% which is the second most participation rates of all the places in the greater Rock Hill region.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Rock Hill depicts full time employees quite a bit 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 Rock Hill area. Rock Hill depicts it has a Single Earner Families of 11.6% which is the smallest when sorted by families with a single earner of all the other places in the local area. The city with the highest families with a single earner in the area is Huntleigh which shows a single earners rate of 41.9% (approximately 3.6 times bigger). The percentage of families with no one working is depicted in Figure 22. Rock Hill shows it has a Families with No One Working of 15.5% which is the third most families with no one working of all other places in the greater Rock Hill region. The city with the highest families with no one working in the area is Warson Woods which depicts a families with no worker of 17.4% (12.3% larger).

Rock Hill Missouri Poverty Charts

The next section details economy analysis about poverty for residents of the Rock Hill 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. Rock Hill depicts it has a Total In Poverty of 138 which is less than most other places in the greater region. The city with the highest total people earning less than the poverty level in the area is Webster Groves which shows a total people earning less than the poverty level of 920 ( considerably bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Rock Hill depicts it has a Percent of Population In Poverty of 3.0% which is in the mid range of other places in the local area. The city with the highest percent of people earning less than the poverty level in the area is Brentwood which depicts a percent of people in poverty of 4.8% (59.8% larger).

In Figure 25 people who are in poverty are broken out by age group. Rock Hill has the percentage of person in poverty under 12 years the second smallest when sorted by person in poverty under 12 years of all the other places in the metro area at 1% of the total. Second, it has less than most other places in the metro area in order of person in poverty 12 to 17 years at 4% of the total. Third, it has the largest proportion of person in poverty 35 to 54 years at 34% of the total and is ranked #1. Also, it has one of the largest proportions of person in poverty 55 to 64 years at 30% of the total and is ranked #2. The only larger city being Glendale with 40%.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Rock Hill has one of the largest proportions of hawaiian poverty rate at 11% of the total and is ranked #2. The only larger city being Webster Groves with 17%.

Figure 27 shows key poverty statistics for groups based on marriage status. Rock Hill has the smallest proportion of married with children and in poverty at 8% of the total. Second, it has the largest proportion of unmarried female with children and in poverty at 45% of the total and is ranked #1.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Rock Hill has the largest proportion of less than highschool in poverty at 21% 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. Rock Hill has the largest proportion of people who are in poverty and employed at 13.0% of the total and is ranked #1. Second, it has the smallest proportion of people who are in poverty and unemployed at 3.6% 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.) Rock Hill indicates it has a Public Assistance Percent of 5.3% which is the highest of all places in the greater Rock Hill region.

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Rock Hill shows it has a Gini Index of 42.2% which is less than most other places in the greater region.

Rock Hill 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 Rock Hill 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.) Rock Hill has the largest proportion of people who drive a car or motorcycle to work at 1% of the total and is ranked #1. Second, it has the smallest proportion of people who bicycle or walk to work at 4% of the total. Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Rock Hill or elsewhere.) Rock Hill has the largest proportion of people who drove alone at 91% of the total and is ranked #1. Second, it has the largest proportion of people who take the Long-distance train or commuter rail at 1% of the total and is ranked #1. Third, it has the smallest proportion of people who work from home at 4% of the total.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Rock Hill has the largest proportion of people who leave for work between 12am to 5am at 3% of the total and is ranked #1. Second, it has the largest proportion of people who leave for work between 5am to 530am at 7% of the total and is ranked #1. Third, it has the largest proportion of people who leave for work between 6am to 630am at 13% of the total and is ranked #1. Also, it has the smallest proportion of people who leave for work between 9am to 10am at 0% of the total. In addition, it has the smallest proportion of people who leave for work between 12noon to 4pm at 2% of the total.

The next graph in Figure 36 shows the average number of minutes that it takes for people to commute to work. Rock Hill has the percentage of people with commute time of less than 5 minutesutes less than most other places in the local area at 6% of the total. Second, it has the smallest proportion of people with commute time between 5 to 9 minutes at 5% of the total. Third, it has the largest proportion of people with commute time between 10 to 14 minutes at 33% of the total and is ranked #1. Also, it has the smallest proportion of people with commute time between 20 to 24 minutes at 5% of the total. In addition, it has the largest proportion of people with commute time between 25 to 29 minutes at 18% of the total and is ranked #1. Furthermore, it has the largest proportion of people with commute time between 60 to 89 minutes at 2% of the total and is ranked #1.

The average commute time is shown in Figure 37. Rock Hill depicts it has a Avg Commute Time of 23 which is the highest of all places in the greater Rock Hill region. Figure 38 shows the difference between male versus female commuting time. Rock Hill depicts average commute time in minutes for men 11.0% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Rock Hill has one of the largest proportions of no vehicle available at 24% of the total and is ranked #2. The only larger city being Brentwood with 29%. Second, it has the second smallest as measured by no vehicle available of all the other places in the surrounding region in terms of 1 vehicle available at 40% of the total. Third, it has in the mid point range of other places in the area when ranked by 4 vehicles available at 1% of the total. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Rock Hill depicts it has a Work in city or place where live of 8% which is the second smallest when ranked by people who both work and live in the same city of all the other places in the area. The city with the highest people who both work and live in the same city in the area is Webster Groves which depicts a people who both work and live in the same city of 22% (approximately 2.6 times bigger). Comparing people who both work and live in the same city to the United States average of 42%, Rock Hill is approximately a fifth the size. Also, in comparison with the state of Missouri, people who both work and live in the same city of 40%, Rock Hill is approximately a fifth the size.

Rock Hill 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. Rock Hill depicts it has the hightest median earnings of $154,904 for the earnings-healthcare practitioners and tech occupations category. Similarly, Figure 47 shows the median earnings of women for the job categories and Rock Hill shows it has the hightest median earnings of $97,344 for the management, business, and financial occupations grouping. The table in Figure 48, shows Rock Hill employment data in terms of job categories and salary data.

Rock Hill 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. Rock Hill shows it has the hightest entrepreneurs of 50% 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. Rock Hill depicts it has the hightest entrepreneurs of 27% for the self employed in finance, insurance, real estate, rental and leasing classification.

In Figure 51 the average annual self employment/entrepreneur income is shown. Rock Hill shows it has a Self Employment Income of $68,841 which is the second most of all the places in the area. The city with the highest average annual self employment income in the area is Huntleigh which depicts an average annual self employment income of $152,538 (approximately 2.2 times bigger). Comparing average annual self employment income to the United States average of $39,154, Rock Hill is 75.8% larger. Also, compared to the state of Missouri, average annual self employment income of $33,069, Rock Hill is about twice as large.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Rock Hill shows total number of self-employed men about twice as large as the total number of self-employed women.