Spanish Lake CDP Missouri Income Charts

This section shows the Spanish Lake CDP Missouri economy using the most recent economic analysis from the 2020 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Spanish Lake CDP depicts it has a Median earnings of $32,840 which is the third most median earnings of all other places in the greater Spanish Lake CDP region. The place with the highest median earnings per worker in the area is Black Jack which depicts a median earnings of $40,736 (24.0% larger). Comparing median earnings per worker to the United States average of $49,041, Spanish Lake CDP is approximately three-fourths the size. Also, measured against the state of Missouri, median earnings per worker of $44,279, Spanish Lake CDP 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 $37,153 which is in the center range of other places in the greater region. The place with the highest median household income in the area is Black Jack which shows a median income of $58,029 (56.2% larger). Comparing median household income to the United States average of $62,843, Spanish Lake CDP is approximately three-fourths the size. Also, in contrast to the state of Missouri, median household income of $55,461, Spanish Lake CDP is approximately three-fourths the size.

The next section examines a variety of different income statistics for the Spanish Lake CDP metropolitan area. In Figure 3 we see that it has the smallest proportion of earnings less than $10,000 at 5.2% of the total. Second, it has the largest proportion of earnings between $50,000 and $74,999 at 3.7% 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 a Avg Hours Worked of 38.4 which is in the middle range of other places in the metropolitan area. The place with the highest average hours in the area is Castle Point CDP which shows an average hours of 41.9 (9.1% 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 $16.45 which is in the mid point range of other places in the metropolitan area. The place with the highest average hourly earnings in the area is Black Jack which depicts an average hourly earnings of $20.29 (23.4% larger). Comparing average hourly earnings to the United States average of $24.31, Spanish Lake CDP is approximately three-fourths the size. Also, compared with the state of Missouri, average hourly earnings of $21.89, Spanish Lake CDP is approximately three-fourths the size.

Figure 7 examines the number of self employed people in the Spanish Lake CDP metro area based on the number of people who reported any self employment income. Spanish Lake CDP depicts it has a Self Employed of 3.4% which is the second smallest as measured by percentage of people self employed of all the other places in the greater region. The place with the highest percentage of people self employed in the area is Black Jack which shows a percentage self employed of 7.8% (approximately 2.3 times bigger).

Turning our attention to Figure 8, the median household income by age group, has the percentage of median income-under 25 years less than most other places in the surrounding region at $34,172 of the total. Second, it has in the center range of other places in the greater region when ranked by median income-25 to 44 years at $45,084 of the total. Third, it has one of the largest proportions of median income-45 to 64 years at $44,007 of the total and is ranked #2. The only larger place being Black Jack with $58,281.

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 22.7% which is the third most households with retirement income of all other places in the greater Spanish Lake CDP region. The place with the highest households with retirement income in the area is Moline Acres which depicts a households with retirement income of 28.3% (24.8% 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 $65,813 of the total and is ranked #2. The only larger place being Moline Acres with $86,786. Second, it has in the center range of other places in the local area in terms of white family income at $43,043 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. Spanish Lake CDP depicts it has the hightest cost of 100.8 for the cost of healthcare classification.

Spanish Lake CDP 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 Wuhan Coronavirus Pandemic the monthly unemployment rate went from 13.6% to 3.3% in February 2020. This represents a decrease in the monthly unemployment rate of 75.7%. Since that time, the monthly unemployment rate has gone to 6.0% This represents an increase in the monthly unemployment rate of 81.8%. 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 depicts that from February 2010 to before the disasterous Coronavirus Pandemic the monthly labor force participation went from 14,121 to 12,921 in February 2020. This represents a decrease in the monthly labor force participation of 8.5%. Since that time, the monthly labor force participation has gone to 13,459 This represents an increase in the monthly labor force participation of 4.2%.

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 Spanish Lake CDP depicts it has a Unemployment Rate of 5.5% which is in the middle range of other places in the area. The place with the highest unemployment rate in the area is Glasgow Village CDP which shows a rate of 9.4% (71.2% larger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Spanish Lake CDP depicts it has a Labor Force Participation of 66.3% which is less than most other places in the greater region.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Spanish Lake CDP depicts full time employees approximately 4.1 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 Spanish Lake CDP area. Spanish Lake CDP depicts it has a Single Earner Families of 22.0% which is in the mid range of other places in the local area. The place with the highest families with a single earner in the area is Moline Acres which shows a single earners rate of 58.2% (approximately 2.6 times bigger). The percentage of families with no one working is depicted in Figure 22. Spanish Lake CDP depicts it has a Families with No One Working of 24.8% which is more than all other places in the local area.

Spanish Lake CDP Missouri Poverty Charts

The next section details economy analysis about poverty for residents of the Spanish Lake CDP 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. Spanish Lake CDP depicts it has a Total In Poverty of 3,804 which is the largest of all places in the greater Spanish Lake CDP region.

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Spanish Lake CDP shows it has a Percent of Population In Poverty of 22.1% which is in the mid range of other places in the metro area. The place with the highest percent of people earning less than the poverty level in the area is Glasgow Village CDP which shows a percent of people in poverty of 42.5% (about twice as large).

In Figure 25 people who are in poverty are broken out by age group. Spanish Lake CDP has one of the largest proportions of person in poverty 18 to 34 years at 22% of the total and is ranked #3. Only #2 Bellefontaine Neighbors (22%), and #1 Riverview (25%) are larger.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Spanish Lake CDP has one of the largest proportions of hawaiian poverty rate at 45% of the total and is ranked #2. The only larger place being Castle Point CDP with 80%.

Figure 27 shows key poverty statistics for groups based on marriage status. Spanish Lake CDP has the percentage of married with children and in poverty the second smallest in order of married with children and in poverty of all the other places in the local area at 26% of the total. Second, it has the smallest proportion of unmarried with children and in poverty at 29% 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.) Spanish Lake CDP shows it has a Public Assistance Percent of 29.1% which is less than most other places in the metro area. The place with the highest households with public assistance in the area is Glasgow Village CDP which depicts a households with public assistance of 46.4% (59.7% larger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Spanish Lake CDP shows it has a Gini Index of 43.9% which is the third most the gini index of all other places in the greater Spanish Lake CDP region.

Spanish Lake CDP Missouri Work Commute Charts

In Figure 35 is shown a frequency distribution of the time that people leave for work. Spanish Lake CDP has the largest proportion of people who leave for work between 6am to 630am at 11% of the total and is ranked #1. Second, it has the largest proportion of people who leave for work between 10am to 11am at 3% of the total and is ranked #1.

The next graph in Figure 36 shows the average number of minutes that it takes for people to commute to work. Spanish Lake CDP has one of the largest proportions of people with commute time of less than 5 minutesutes at 8% of the total and is ranked #2. The only larger place being Moline Acres with 12%. Second, it has less than most other places in the metro area in order of people with commute time between 5 to 9 minutes at 6% of the total. Third, it has the smallest proportion of people with commute time between 15 to 19 minutes at 19% of the total. Also, it has the largest proportion of people with commute time between 40 to 44 minutes at 10% of the total and is ranked #1.

The average commute time is shown in Figure 37. Spanish Lake CDP depicts it has a Avg Commute Time of 29 which is in the center range of other places in the greater region. Figure 38 shows the difference between male versus female commuting time. Spanish Lake CDP depicts average commute time in minutes for men 16.2% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Spanish Lake CDP has the percentage of no vehicle available less than most other places in the local area at 31% of the total. Second, it has one of the largest proportions of 1 vehicle available at 37% of the total and is ranked #2. The only larger place being Bellefontaine Neighbors with 40%. Third, it has one of the largest proportions of 4 vehicles available at 3% of the total and is ranked #2. The only larger place being Moline Acres with 4%. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Spanish Lake CDP shows it has a Work in city or place where live of 10% which is the third most people who both work and live in the same city of all other places in the greater Spanish Lake CDP region. The place with the highest people who both work and live in the same city in the area is Riverview which depicts a people who both work and live in the same city of 13% (24.5% larger). Comparing people who both work and live in the same city to the United States average of 42%, Spanish Lake CDP is approximately a quarter the size. Also, measured against the state of Missouri, people who both work and live in the same city of 40%, Spanish Lake CDP is approximately a quarter the size.

Spanish Lake CDP 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. Spanish Lake CDP depicts it has the hightest median earnings of $71,042 for the management, business, and financial occupations aggregate. Similarly, Figure 47 shows the median earnings of women for the job categories and Spanish Lake CDP shows it has the hightest median earnings of $58,088 for the earnings-computer, engineering, and science occupations category. The table in Figure 48, shows Spanish Lake CDP employment data in terms of job categories and salary data.

Spanish Lake CDP 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. Spanish Lake CDP indicates it has the hightest entrepreneurs of 55% for the self employed management, business, science, and arts businesses group.

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. Spanish Lake CDP depicts it has the hightest entrepreneurs of 36% for the self employed in construction grouping.

In Figure 51 the average annual self employment/entrepreneur income is shown. Spanish Lake CDP depicts it has a Self Employment Income of $7,665 which is in the mid range of other places in the greater region. The place with the highest average annual self employment income in the area is Black Jack which depicts an average annual self employment income of $32,191 (approximately 4.2 times bigger). Comparing average annual self employment income to the United States average of $39,154, Spanish Lake CDP is approximately a fifth the size. Also, in comparison with the state of Missouri, average annual self employment income of $33,069, Spanish Lake CDP is approximately a quarter the size.

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