Stotts City Missouri Income Charts

This section shows the Stotts City Missouri economy using the most recent economic analysis from the 2022 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Stotts City depicts it has a Median earnings of $23,629 which is the smallest when sorted by 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 Freistatt which shows a median earnings of $42,898 (about twice as large). Comparing median earnings per worker to the United States average of $53,269, Stotts City is approximately half the size. Also, versus the state of Missouri, median earnings per worker of $48,226, Stotts City is approximately half 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 $52,813 which is the highest of all places in the surrounding region. Comparing median household income to the United States average of $69,021, Stotts City is approximately three-fourths the size. Also, compared to the state of Missouri, median household income of $61,043, Stotts City is about 15.6% smaller.

The next section examines a variety of different income statistics for the Stotts City metropolitan area. In Figure 3 we see that it has the smallest proportion of earnings less than $10,000 at 3.4% of the total. Second, it has the second smallest in terms of median earnings of less than $10,000 of all the other places in the metro area in order of earnings between $10,000 and $14,999 at 5.9% of the total. Third, it has the largest proportion of earnings between $15,000 and $19,999 at 72.3% of the total and is ranked #1. Also, it has the smallest proportion of earnings between $20,000 and $49,999 at 10.9% 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 Stotts City region. The city with the highest average hours in the area is Freistatt which depicts an average hours of 41.0 (only about 3.8% 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 $11.50 which is the smallest in order 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 Mount Vernon which depicts an average hourly earnings of $20.93 (about twice as large). Comparing average hourly earnings to the United States average of $26.40, Stotts City is approximately half the size. Also, measured against the state of Missouri, average hourly earnings of $23.84, Stotts City is approximately half the size.

Figure 7 examines the number of self employed people in the Stotts City metro area based on the number of people who reported any self employment income. Stotts City depicts it has a Self Employed of 8.2% which is in the mid range of other places in the area. The city with the highest percentage of people self employed in the area is La Russell which depicts a percentage self employed of 15.7% (about twice as large).

Turning our attention to Figure 8, the median household income by age group, has the percentage of median income-45 to 64 years the second smallest in terms of median income for those under 25 years of age of all the other places in the metro area at $12,500 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. Stotts City shows it has the hightest cost of 108.1 for the cost of utilities classification.

Stotts City Missouri Labor Force Charts

The next two charts look at 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 2022, the Covid 19 recession occurred and affects this metric. The monthly unemployment rate depicts that from February 2017 to before the Coronavirus Pandemic it went from 4.2% to 3.3% in December 2019. This represents a decrease in the monthly unemployment rate of 21.4%. Since that time, the monthly unemployment rate has gone to 3.3%. 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. The monthly labor force participation depicts that from January 2017 to before the disasterous Covid-19 virus Pandemic it went from 25,484 to 25,067 in November 2019. This represents a decrease in the monthly labor force participation of very little. Since that time, the monthly labor force participation has gone to 25,067. 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 Stotts City shows it has a Unemployment Rate of 1.4% which is in the mid range of other places in the metro area. The city with the highest unemployment rate in the area is Sarcoxie which shows a rate of 4.3% (approximately 3.1 times bigger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Stotts City shows it has a Labor Force Participation of 56.1% which is the third most participation rates of all other places in the greater Stotts City region.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Stotts City depicts full time employees substantially 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 Stotts City area. Stotts City depicts it has a Single Earner Families of 41.2% which is the second most families with a single earner of all the places in the greater Stotts City region. The city with the highest families with a single earner in the area is Sarcoxie which depicts a single earners rate of 56.6% (37.4% larger). The percentage of families with no one working is depicted in Figure 22. Stotts City indicates it has a Families with No One Working of 32.4% which is the second most families with no one working of all the places in the greater Stotts City region. The city with the highest families with no one working in the area is La Russell which depicts a families with no worker of 34.6% (7.0% larger).

Stotts City Missouri Poverty Charts

The next section details economy analysis about poverty for residents of the Stotts City 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. Stotts City depicts it has a Total In Poverty of 85 which is in the middle range of other places in the area. The city with the highest total people earning less than the poverty level in the area is Mount Vernon which depicts a total people earning less than the poverty level of 612 ( appreciably bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Stotts City indicates it has a Percent of Population In Poverty of 33.9% which is more than all other places in the metro area.

In Figure 25 people who are in poverty are broken out by age group. Stotts City has the largest proportion of person in poverty under 12 years at 53% of the total and is ranked #1. Second, it has one of the largest proportions of person in poverty 18 to 34 years at 25% of the total and is ranked #2. The only larger city being La Russell with 33%. Third, it has the second smallest in terms of person in poverty under 12 years of all the other places in the local area in order of person in poverty 55 to 64 years at 5% of the total.

Figure 27 shows key poverty statistics for groups based on marriage status. Stotts City has the largest proportion of married with children and in poverty at 100% of the total and is ranked #1. Second, it has the largest proportion of unmarried with children and in poverty at 100% 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. Stotts City has the smallest proportion of less than highschool in poverty at 10% of the total. Second, it has the largest proportion of highschool graduate and in poverty at 56% 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.) Stotts City depicts it has a Public Assistance Percent of 34.7% which is at the top of all other places in the greater Stotts City region.

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Stotts City depicts it has a Gini Index of 47.7% which is the third most the gini index of all other places in the greater Stotts City region.

Stotts City Missouri Work Commute Charts

In Figure 35 is shown a frequency distribution of the time that people leave for work. Stotts City has the largest proportion of people who leave for work between 530 am to 6am at 22% of the total and is ranked #1. Second, it has the largest proportion of people who leave for work between 11am to 12noon at 46% 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. Stotts City has the largest proportion of people with commute time between 30 to 34 minutes at 18% of the total and is ranked #1. Second, it has the largest proportion of people with commute time between 35 to 39 minutes at 18% of the total and is ranked #1. Third, it has the smallest proportion of people with commute time between 40 to 44 minutes at 4% of the total. Also, it has the largest proportion of people with commute time between 45 to 59 minutes at 13% of the total and is ranked #1.

The average commute time is shown in Figure 37. Stotts City shows it has a Avg Commute Time of 32 which is the second most average commute time of all the places in the greater Stotts City region. Figure 38 shows the difference between male versus female commuting time. Stotts City depicts average commute time in minutes for men about twice as large as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Stotts City has the smallest proportion of no vehicle available at 3% of the total. Second, it has the smallest proportion of 1 vehicle available at 10% of the total. Third, it has the smallest proportion of 2 vehicles available at 10% of the total. Also, it has the largest proportion of 3 vehicles available at 58% of the total and is ranked #1. In addition, it has one of the largest proportions of 4 vehicles available at 19% of the total and is ranked #2. The only larger city being Wentworth with 32%. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Stotts City shows it has a Work in city or place where live of 4% 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 metro area. The city with the highest people who both work and live in the same city in the area is Mount Vernon which depicts a people who both work and live in the same city of 35% ( very much bigger). Comparing people who both work and live in the same city to the United States average of 44%, Stotts City is approximately a twelfth the size. Also, compared to the state of Missouri, people who both work and live in the same city of 43%, Stotts City is approximately a twelfth the size.

Stotts City 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. Stotts City shows it has the hightest median earnings of $32,955 for the earnings-production, transportation, material moving occupations grouping. Similarly, Figure 47 shows the median earnings of women for the job categories and Stotts City depicts it has the hightest median earnings of $24,038 for the earnings-production, transportation, material moving occupations group. The table in Figure 48, shows Stotts City employment data in terms of job categories and salary data.