Rock Hill Missouri Income Charts

This section shows the Rock Hill Missouri economy using the most recent economic analysis from the 2019 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Rock Hill depicts it has a median earnings per worker of $62,500 which is the smallest in terms of median earnings per worker of all the other places in the local area. The city with the highest median earnings per worker in the area is Ladue which shows a median earnings of $127,857 (about twice as large). Comparing median earnings per worker to the United States average of $47,712, Rock Hill is 31.0% larger. Also, benchmarked against the state of Missouri, median earnings per worker of $42,474, Rock Hill is 47.1% 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 $80,042 which is the second smallest in terms of median household income of all the other places in the greater region. The city with the highest median household income in the area is Ladue which shows a median income of $192,500 (approximately 2.4 times bigger). Comparing median household income to the United States average of $60,293, Rock Hill is 32.8% larger. Also, compared with the state of Missouri, median household income of $53,560, Rock Hill is 49.4% 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 8.5% of the total. Second, it has the largest proportion of earnings between $15,000 and $19,999 at 5.0% of the total and is ranked #1. Third, it has the largest proportion of earnings between $20,000 and $49,999 at 24.0% of the total and is ranked #1. Also, it has one of the largest proportions of earnings between $50,000 and $74,999 at 29.1% of the total and is ranked #2. The only larger city being Brentwood with 33.2%. In addition, it has the largest proportion of earnings between $75,000 and $99,999 at 13.0% of the total and is ranked #1. Furthermore, it has the smallest proportion of earnings of $100,000 more at 15.2% of the total.

Figure 5 has the Average number of hours worked in a typical work week during the year, it has an average hours of 40.6 which is in the mid range of other places in the local area. The city with the highest average hours in the area is Ladue which depicts an average hours of 41.6 ( only slightly 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 $29.60 which is the second smallest when ranked by average hourly earnings of all the other places in the greater region. The city with the highest average hourly earnings in the area is Ladue which indicates an average hourly earnings of $59.11 (about twice as large). Comparing average hourly earnings to the United States average of $23.71, Rock Hill is 24.9% larger. Also, measured against the state of Missouri, average hourly earnings of $21.05, Rock Hill is 40.6% 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 percentage of people self employed of 9.1% which is the second smallest when sorted 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 Huntleigh which depicts a percentage self employed of 17.5% (about twice as large).

Turning our attention to Figure 8, the median household income by age group, has the percentage of median income-25 to 44 years the second smallest in order of median income for those under 25 years of age of all the other places in the greater region at $96,793 of the total. Second, it has less than most other places in the greater region when sorted by median income-45 to 64 years at $85,167 of the total. Third, it has the smallest proportion of median income-65 years and over at $46,007 of the total.

Figure 9 breaks down the source of income and Rock Hill has the largest proportion of income from wages at 89.2% of the total and is ranked #1. Second, it has the smallest proportion of self employment income at 1.9% of the total. Third, it has the smallest proportion of investment and retirement income at 5.2% of the total. Also, it has the largest proportion of public assistance and ssi at 0.3% 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 households with retirement income of 10.3% 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 21.1% (about twice as large).

In the next chart, Figure 12, the median family income is shown for families broken down by racial group and has the smallest proportion of overall family income at $86,750 of the total. Second, it has the smallest proportion of white family income at $105,795 of the total. Third, it has one of the largest proportions of black family income at $66,823 of the total and is ranked #3. Only #2 Brentwood ($109,554), and #1 Ladue ($250,001) are larger.

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 depicts that from February 2010 to before the disasterous Coronavirus Pandemic the monthly unemployment rate went from 6.9% to 2.4% in December 2019. This represents a decrease in the monthly unemployment rate of 65.2%. Since that time, the monthly unemployment rate has gone to 2.4% 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 shows that from January 2010 to before the disasterous COVID-19 Pandemic the monthly labor force participation went from 15,442 to 16,155 in November 2019. This represents an increase in the monthly labor force participation of 4.6%. Since that time, the monthly labor force participation has gone to 16,155 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 Rock Hill shows it has an unemployment rate of 1.6% which is the third most of all other places in the local area. The city with the highest unemployment rate in the area is Webster Groves which depicts a rate of 2.6% (69.0% 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 participation rate of 77.1% which is the second most of all the places in the greater region.

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). Rock Hill has the percentage of not in labor force the second smallest in terms of employed of all the other places in the metropolitan area at 22.9% of the total.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Rock Hill shows full time employees very much 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 shows it has a families with a single earner of 22.5% which is the smallest when ranked by families with a single earner of all the other places in the area. The city with the highest families with a single earner in the area is Huntleigh which shows a single earners rate of 37.7% (67.4% larger). 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 7.7% which is the second smallest as measured by families with no one working of all the other places in the metropolitan area. The city with the highest families with no one working in the area is Huntleigh which depicts a families with no worker of 18.0% (approximately 2.3 times bigger).

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 people earning less than the poverty level of 106 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 Webster Groves which shows a total people earning less than the poverty level of 910 ( 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 shows it has a percent of people earning less than the poverty level of 2.3% which is the second smallest in terms of percent of people earning less than the poverty level of all the 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 5.4% (approximately 2.4 times bigger).

In Figure 25 people who are in poverty are broken out by age group. Rock Hill has the percentage of person in poverty 18 to 34 years in the mid range of other places in the local area at 9% of the total. Second, it has one of the largest proportions of person in poverty 55 to 64 years at 41% of the total and is ranked #2. The only larger city being Huntleigh with 50%.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Rock Hill has the percentage of black poverty rate less than most other places in the metro area at 7% of the total. Second, it has one of the largest proportions of hispanicp poverty rate at 16% of the total and is ranked #2. The only larger city being Webster Groves with 21%.

Figure 27 shows key poverty statistics for groups based on marriage status. Rock Hill has the percentage of unmarried with children and in poverty the second smallest when sorted by married with children and in poverty of all the other places in the greater region at 9% of the total. Second, it has one of the largest proportions of unmarried male with children and in poverty at 27% of the total and is ranked #2. The only larger city being Webster Groves with 63%.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Rock Hill has one of the largest proportions of less than highschool in poverty at 8% of the total and is ranked #3. Only #2 Ladue (11%), and #1 Glendale (100%) are larger. 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 percentage of people who are in poverty and employed less than most other places in the metro area at 9.4% of the total. Second, it has the largest proportion of people who are in poverty and unemployed at 15.1% 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.) Rock Hill shows it has a households with public assistance of 4.6% which is the largest of all places in the metro area.

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 the gini index of 38.0% which is the smallest when ranked by the gini index of all the 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 95% of the total and is ranked #1. Second, it has the largest proportion of people who take public transportation to work at 3% of the total and is ranked #1. Third, it has the smallest proportion of people who work at home at 2% 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 89% of the total and is ranked #1. Second, it has the largest proportion of people who take the subway or elevated rail at 2% of the total and is ranked #1. Third, it has the largest proportion of people who take the railroad at 1% of the total and is ranked #1. Also, it has the smallest proportion of people who work at home at 2% 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 1% of the total and is ranked #1. Second, it has the largest proportion of people who leave for work between 5am to 530am at 3% of the total and is ranked #1. Third, it has the largest proportion of people who leave for work between 630 am to 7am at 14% of the total and is ranked #1. Also, it has the smallest proportion of people who leave for work between 7am to 730am at 16% of the total. In addition, it has the smallest proportion of people who leave for work between 9am to 10am at 5% of the total. Furthermore, it has the smallest proportion of people who leave for work between 4pm to midnight 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 smallest proportion of people with commute time of less than 5 minutesutes at 0% of the total. Second, it has the smallest proportion of people with commute time between 10 to 14 minutes at 6% of the total. Third, it has the largest proportion of people with commute time between 15 to 19 minutes at 29% of the total and is ranked #1. Also, it has the smallest proportion of people with commute time between 20 to 24 minutes at 20% of the total. In addition, it has the largest proportion of people with commute time between 30 to 34 minutes at 21% of the total and is ranked #1. Furthermore, it has the smallest proportion of people with commute time between 35 to 39 minutes at 1% of the total. Next it has the largest proportion of people with commute time between 60 to 89 minutes at 1% of the total and is ranked #1. Additionally, it has the largest proportion of people with commute time of 90 or more minutesutes at 3% of the total and is ranked #1.

The average commute time is shown in Figure 37. Rock Hill shows it has an average commute time of 24 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 indicates average commute time in minutes for men only slightly 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 the largest proportion of no vehicle available at 1% of the total and is ranked #1. Second, it has one of the largest proportions of 1 vehicle available at 25% of the total and is ranked #2. The only larger city being Brentwood with 28%. Third, it has the second smallest in order of no vehicle available of all the other places in the metropolitan area in terms of 2 vehicles available at 41% 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 people who both work and live in the same city of 7% which is the second smallest as measured by people who both work and live in the same city of all the other places in the metro 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 21% (approximately 2.9 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 sixth 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 shows it has the hightest median earnings of $151,875 for the earnings-healthcare practitioners and tech occupations aggregate. Similarly, Figure 47 shows the median earnings of women for the job categories and Rock Hill indicates it has the hightest median earnings of $84,671 for the management, business, and financial occupations aggregate. 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 44% 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 shows it has the hightest entrepreneurs of 34% for the self employed in finance, insurance, real estate, rental and leasing aggregate.

In Figure 51 the average annual self employment/entrepreneur income is shown. Rock Hill depicts it has an average annual self employment income of $21,908 which is the smallest when ranked by average annual self employment income of all the other places in the metropolitan area. The city with the highest average annual self employment income in the area is Huntleigh which shows an average annual self employment income of $161,904 ( considerably bigger). Comparing average annual self employment income to the United States average of $37,819, Rock Hill is approximately half the size. Also, measured against the state of Missouri, average annual self employment income of $31,803, Rock Hill is approximately three-fourths the size.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Rock Hill depicts total number of self-employed men 34.7% larger as the total number of self-employed women.