Van Horn township Missouri Income Charts

This section shows the Van Horn 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, Van Horn township depicts it has a median earnings per worker of $41,643 which is the highest of all places in the greater Van Horn township region. Comparing median earnings per worker to the United States average of $47,712, Van Horn township is about 14.6% smaller. Also, measured against the state of Missouri, median earnings per worker of $42,474, Van Horn township is about the same 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 $42,064 which is the third most median income of all other places in the greater Van Horn township region. The city with the highest median household income in the area is Tina which depicts a median income of $58,472 (39.0% larger). Comparing median household income to the United States average of $60,293, Van Horn township is approximately three-fourths the size. Also, measured against the state of Missouri, median household income of $53,560, Van Horn township is approximately three-fourths the size.

The next section examines a variety of different income statistics for the Van Horn township metropolitan area. In Figure 3 we see that it has the percentage of earnings less than $10,000 the second smallest when sorted by median earnings of less than $10,000 of all the other places in the area at 19.1% of the total. Second, it has the second smallest when sorted by median earnings of less than $10,000 of all the other places in the local area when ranked by earnings between $10,000 and $14,999 at 5.7% of the total. Third, it has the smallest proportion of earnings between $15,000 and $19,999 at 2.1% of the total. Also, it has the largest proportion of earnings of $100,000 more at 14.2% 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 44.6 which is the second most average hours of all the places in the greater Van Horn township region. The city with the highest average hours in the area is Bogard which shows an average hours of 45.6 ( 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 $17.96 which is more than all other places in the greater Van Horn township region. Comparing average hourly earnings to the United States average of $23.71, Van Horn township is approximately three-fourths the size. Also, in comparison with the state of Missouri, average hourly earnings of $21.05, Van Horn township is about 17.2% smaller.

Figure 7 examines the number of self employed people in the Van Horn township metro area based on the number of people who reported any self employment income. Van Horn township depicts it has a percentage of people self employed of 8.3% which is the second smallest when ranked by percentage of people self employed of all the other places in the metro area. The city with the highest percentage of people self employed in the area is Bosworth which shows a percentage self employed of 18.9% (approximately 2.3 times bigger).

Turning our attention to Figure 8, the median household income by age group, has the percentage of median income-25 to 44 years in the center range of other places in the local area at $51,750 of the total. Second, it has one of the largest proportions of median income-45 to 64 years at $41,641 of the total and is ranked #2. The only larger city being Bogard with $43,750. Third, it has one of the largest proportions of median income-65 years and over at $42,045 of the total and is ranked #2. The only larger city being Tina with $57,708.

Figure 9 breaks down the source of income and Van Horn township has the largest proportion of income from wages at 74.3% of the total and is ranked #1. Second, it has the smallest proportion of investment and retirement income at 11.5% of the total.

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 26.6% which is in the mid range of other places in the surrounding region. The city with the highest households with retirement income in the area is Dawn CDP which shows a households with retirement income of 30.0% (12.7% 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 $55,208 of the total and is ranked #2. The only larger city being Tina with $58,576. Second, it has one of the largest proportions of white family income at $56,042 of the total and is ranked #2. The only larger city being Tina with $58,576.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Van Horn township shows it has the hightest cost of 99.1 for the cost of miscellaneous items group.

Van Horn 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 2010 to before the Wuhan Coronavirus Pandemic the monthly unemployment rate went from 8.3% to 3.0% in December 2019. This represents a decrease in the monthly unemployment rate of 63.9%. Since that time, the monthly unemployment rate has gone to 3.0% 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 depicts that from January 2010 to before the Coronavirus Pandemic the monthly labor force participation went from 15,106 to 16,727 in November 2019. This represents an increase in the monthly labor force participation of 10.7%. Since that time, the monthly labor force participation has gone to 16,727 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 Van Horn township shows it has an unemployment rate of 1.0% which is in the mid range of other places in the greater region. The city with the highest unemployment rate in the area is Carrollton which shows a rate of 8.8% ( appreciably bigger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Van Horn township depicts it has a participation rate of 43.5% which is the smallest when ranked by participation rate of all the other 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). Van Horn township has the smallest proportion of employed at 42.5% of the total. Second, it has the largest proportion of not in labor force at 56.5% of the total and is ranked #1.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Van Horn township shows full time employees markedly 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 Van Horn township area. Van Horn township shows it has a families with a single earner of 39.7% which is the second most families with a single earner of all the places in the greater Van Horn township region. The city with the highest families with a single earner in the area is Bosworth which shows a single earners rate of 54.3% (36.7% larger). The percentage of families with no one working is depicted in Figure 22. Van Horn township shows it has a families with no one working of 36.8% which is the third most families with no one working of all other places in the greater Van Horn township region. The city with the highest families with no one working in the area is Dawn CDP which depicts a families with no worker of 53.6% (45.7% larger).

Van Horn township Missouri Poverty Charts

The next section details economy analysis about poverty for residents of the Van Horn 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. Van Horn township depicts it has a total people earning less than the poverty level of 48 which is in the middle range of other places in the metropolitan area. The city with the highest total people earning less than the poverty level in the area is Carrollton which shows a total people earning less than the poverty level of 828 ( markedly bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Van Horn township depicts it has a percent of people earning less than the poverty level of 11.1% 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 Dawn CDP which depicts a percent of people in poverty of 30.9% (approximately 2.8 times bigger).

In Figure 25 people who are in poverty are broken out by age group. Van Horn township has the percentage of person in poverty under 12 years the second smallest in order of person in poverty under 12 years of all the other places in the local area at 6% of the total. Second, it has the second smallest as measured by person in poverty under 12 years of all the other places in the metropolitan area when sorted by person in poverty 18 to 34 years at 10% of the total. Third, it has less than most other places in the greater region when ranked by person in poverty 35 to 54 years at 27% of the total. Also, it has the largest proportion of person in poverty 55 to 64 years at 56% of the total and is ranked #1.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Van Horn township has the percentage of white poverty rate less than most other places in the metro area at 11% of the total.

Figure 27 shows key poverty statistics for groups based on marriage status. Van Horn township has the percentage of unmarried with children and in poverty in the middle range of other places in the local area at 33% of the total. Second, it has the largest proportion of unmarried female 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. Van Horn township has the percentage of less than highschool in poverty in the mid point range of other places in the metropolitan area at 7% of the total. Second, it has the largest proportion of college graduate and in poverty at 58% 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.) Van Horn township shows it has a households with public assistance of 11.2% which is the second smallest when sorted by households with public assistance of all the other places in the local area. The city with the highest households with public assistance in the area is Hale which depicts a households with public assistance of 23.2% (about twice as large).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Van Horn township depicts it has a the gini index of 47.2% which is more than all other places in the greater Van Horn township region.

Van Horn township Missouri Work Commute Charts

Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Van Horn township or elsewhere.) Van Horn township has one of the largest proportions of people who work at home at 17% of the total and is ranked #2. The only larger city being Tina with 44%.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Van Horn township has one of the largest proportions of people who leave for work between 12am to 5am at 12% of the total and is ranked #2. The only larger city being Bogard with 21%. Second, it has the smallest proportion of people who leave for work between 530 am to 6am at 6% of the total. Third, it has the smallest proportion of people who leave for work between 630 am to 7am at 3% of the total. Also, it has the largest proportion of people who leave for work between 12noon to 4pm at 30% 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. Van Horn township has the smallest proportion of people with commute time of less than 5 minutesutes at 4% of the total. Second, it has the largest proportion of people with commute time between 45 to 59 minutes at 30% of the total and is ranked #1. Third, it has in the mid range of other places in the area as measured by people with commute time of 90 or more minutesutes at 14% of the total.

The average commute time is shown in Figure 37. Van Horn township depicts it has an average commute time of 45 which is the third most average commute time of all other places in the greater Van Horn township region. Figure 38 shows the difference between male versus female commuting time. Van Horn township shows average commute time in minutes for men approximately 2.3 times bigger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Van Horn township has the largest proportion of no vehicle available at 13% of the total and is ranked #1. Second, it has the second smallest in terms of no vehicle available of all the other places in the local area when sorted by 1 vehicle available at 17% of the total. Third, it has the second smallest as measured by no vehicle available of all the other places in the local area when ranked by 2 vehicles available at 21% of the total. Also, it has one of the largest proportions of 4 vehicles available at 30% of the total and is ranked #2. The only larger city being Tina with 67%. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Van Horn township depicts it has a people who both work and live in the same city of 2% which is less than most other places in the metropolitan area. The city with the highest people who both work and live in the same city in the area is Carrollton which shows a people who both work and live in the same city of 69% ( very much bigger). Comparing people who both work and live in the same city to the United States average of 42%, Van Horn township is only about 3.8% the size. Also, compared with the state of Missouri, people who both work and live in the same city of 40%, Van Horn township is only about 3.9% the size.

Van Horn 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. Van Horn township shows it has the hightest median earnings of $42,708 for the earnings-natural resources, construction, maintenance occupations grouping. Similarly, Figure 47 shows the median earnings of women for the job categories and Van Horn township shows it has the hightest median earnings of $41,250 for the earnings-sales and office occupations grouping. The table in Figure 48, shows Van Horn township employment data in terms of job categories and salary data.

Van Horn 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. Van Horn township shows it has the hightest entrepreneurs of 85% 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. Van Horn township shows it has the hightest entrepreneurs of 85% for the self employed in agriculture, forestry, fishing and hunting, and mining aggregate.

In Figure 51 the average annual self employment/entrepreneur income is shown. Van Horn township depicts it has an average annual self employment income of $6,236 which is in the intermediate range of other places in the area. The city with the highest average annual self employment income in the area is Carrollton which shows an average annual self employment income of $34,040 ( substantially bigger). Comparing average annual self employment income to the United States average of $37,819, Van Horn township is approximately a sixth the size. Also, measured against the state of Missouri, average annual self employment income of $31,803, Van Horn township is approximately a fifth the size.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Van Horn township indicates total number of self-employed men markedly bigger as the total number of self-employed women.