Willow Fork township Missouri Income Charts

This section shows the Willow Fork 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, Willow Fork township shows it has a median earnings per worker of $33,457 which is the third most median earnings of all other places in the greater Willow Fork township region. The city with the highest median earnings per worker in the area is California which depicts a median earnings of $39,623 (18.4% larger). Comparing median earnings per worker to the United States average of $47,712, Willow Fork township is approximately three-fourths the size. Also, measured against the state of Missouri, median earnings per worker of $42,474, Willow Fork township 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 $44,398 which is the second most median income of all the places in the greater Willow Fork township region. The city with the highest median household income in the area is California which depicts a median income of $46,420 (only about 4.6% larger). Comparing median household income to the United States average of $60,293, Willow Fork township is approximately three-fourths the size. Also, versus the state of Missouri, median household income of $53,560, Willow Fork township is about 20.6% smaller.

The next section examines a variety of different income statistics for the Willow Fork township metropolitan area. In Figure 3 we see that it has the smallest proportion of earnings between $15,000 and $19,999 at 7.0% 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 39.8 which is the third most average hours of all other places in the greater Willow Fork township region. The city with the highest average hours in the area is Tipton which depicts an average hours of 40.3 ( 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 $16.17 which is in the mid point range of other places in the local area. The city with the highest average hourly earnings in the area is California which shows an average hourly earnings of $19.05 (17.8% larger). Comparing average hourly earnings to the United States average of $23.71, Willow Fork township is approximately three-fourths the size. Also, compared to the state of Missouri, average hourly earnings of $21.05, Willow Fork township is approximately three-fourths the size.

Figure 7 examines the number of self employed people in the Willow Fork township metro area based on the number of people who reported any self employment income. Willow Fork township depicts it has a percentage of people self employed of 8.6% which is in the mid range of other places in the metropolitan area. The city with the highest percentage of people self employed in the area is Syracuse which shows a percentage self employed of 20.3% (approximately 2.4 times bigger).

Turning our attention to Figure 8, the median household income by age group, it has the largest proportion of median income-under 25 years at $33,417 of the total and is ranked #1. Second, it has in the mid range of other places in the greater region when ranked by median income-25 to 44 years at $51,524 of the total. Third, it has one of the largest proportions of median income-45 to 64 years at $51,538 of the total and is ranked #3. Only #2 Tipton ($54,926), and #1 California ($58,750) are larger. Also, it has one of the largest proportions of median income-65 years and over at $33,088 of the total and is ranked #2. The only larger city being Tipton with $34,706.

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 23.0% which is the third most households with retirement income of all other places in the greater Willow Fork township region. The city with the highest households with retirement income in the area is Tipton which depicts a households with retirement income of 29.4% (27.7% 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 $53,088 of the total and is ranked #3. Only #2 Tipton ($55,611), and #1 California ($63,214) are larger. Second, it has one of the largest proportions of white family income at $55,194 of the total and is ranked #3. Only #2 Tipton ($55,611), and #1 California ($61,023) 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. Willow Fork township shows it has the hightest cost of 103.4 for the cost of miscellaneous items group.

Willow Fork 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 disasterous Coronavirus Pandemic the monthly unemployment rate went from 5.6% to 2.4% in December 2019. This represents a decrease in the monthly unemployment rate of 57.1%. 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 Wuhan Coronavirus Pandemic the monthly labor force participation went from 60,097 to 68,490 in November 2019. This represents an increase in the monthly labor force participation of 14.0%. Since that time, the monthly labor force participation has gone to 68,490 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 Willow Fork township shows it has an unemployment rate of 2.1% which is in the mid range of other places in the greater region. The city with the highest unemployment rate in the area is Clarksburg which shows a rate of 6.0% (approximately 2.9 times bigger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Willow Fork township depicts it has a participation rate of 39.1% which is the second smallest when sorted by participation rate of all the other places in the metro area.

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). Willow Fork township has the percentage of employed the second smallest in order of employed of all the other places in the greater region at 37.0% of the total. Second, it has one of the largest proportions of not in labor force at 60.9% of the total and is ranked #2. The only larger city being Tipton with 66.8%.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Willow Fork township indicates full time employees appreciably 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 Willow Fork township area. Willow Fork township shows it has a families with a single earner of 25.9% which is in the mid point range of other places in the greater region. The city with the highest families with a single earner in the area is Clarksburg which depicts a single earners rate of 34.4% (32.8% larger). The percentage of families with no one working is depicted in Figure 22. Willow Fork township depicts it has a families with no one working of 20.2% which is less than most other places in the local area. The city with the highest families with no one working in the area is Clarksburg which shows a families with no worker of 34.4% (70.4% larger).

Willow Fork township Missouri Poverty Charts

The next section details economy analysis about poverty for residents of the Willow Fork 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. Willow Fork township shows it has a total people earning less than the poverty level of 587 which is the third most total people earning less than the poverty level of all other places in the greater Willow Fork township region. The city with the highest total people earning less than the poverty level in the area is Versailles which shows a total people earning less than the poverty level of 821 (39.9% larger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Willow Fork township shows it has a percent of people earning less than the poverty level of 19.0% 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 Versailles which shows a percent of people in poverty of 32.5% (71.4% larger).

In Figure 25 people who are in poverty are broken out by age group. Willow Fork township has the largest proportion of person in poverty under 12 years at 35% of the total and is ranked #1. Second, it has the smallest proportion of person in poverty 12 to 17 years at 2% of the total.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Willow Fork township has the percentage of white poverty rate less than most other places in the area at 19% of the total.

Figure 27 shows key poverty statistics for groups based on marriage status. Willow Fork township has one of the largest proportions of married with children and in poverty at 25% of the total and is ranked #2. The only larger city being Clarksburg with 36%. Second, it has less than most other places in the greater region as measured by unmarried with children and in poverty at 36% of the total. Third, it has less than most other places in the surrounding region as measured by unmarried male with children and in poverty at 15% of the total.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Willow Fork township has the percentage of less than highschool in poverty the second smallest when ranked by less than highschool in poverty of all the other places in the surrounding region at 27% of the total. Second, it has the smallest proportion of highschool graduate and in poverty at 13% 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.) Willow Fork township shows it has a households with public assistance of 11.9% which is the second smallest when ranked by households with public assistance of all the other places in the metro area. The city with the highest households with public assistance in the area is Versailles which indicates a households with public assistance of 32.2% (approximately 2.7 times bigger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Willow Fork township shows it has a the gini index of 40.1% which is less than most other places in the greater region.

Willow Fork township 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 Willow Fork township 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.) Willow Fork township has the largest proportion of people who take public transportation to work at 1% of the total and is ranked #1. Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Willow Fork township or elsewhere.) Willow Fork township has the largest proportion of people who take the bus at 1% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Willow Fork township has the percentage of people who leave for work between 12am to 5am less than most other places in the area at 5% of the total. Second, it has the largest proportion of people who leave for work between 7am to 730am at 29% of the total and is ranked #1. Third, it has the smallest proportion of people who leave for work between 10am to 11am at 1% of the total. Also, it has the largest proportion of people who leave for work between 11am to 12noon 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. Willow Fork township has the percentage of people with commute time of less than 5 minutesutes less than most other places in the greater region at 9% of the total. Second, it has in the middle range of other places in the metro area in order of people with commute time between 5 to 9 minutes at 20% of the total. Third, it has the second smallest when sorted by people with commute time of less than 5 minutes of all the other places in the metropolitan area when ranked by people with commute time of 90 or more minutesutes at 0% of the total.

The average commute time is shown in Figure 37. Willow Fork township depicts it has an average commute time of 25 which is in the mid range of other places in the metro area. Figure 38 shows the difference between male versus female commuting time. Willow Fork township depicts average commute time in minutes for men 12.7% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Willow Fork township has the percentage of 1 vehicle available less than most other places in the metro area at 22% of the total. Second, it has one of the largest proportions of 3 vehicles available at 21% of the total and is ranked #2. The only larger city being California with 26%. Third, it has one of the largest proportions of 4 vehicles available at 11% of the total and is ranked #3. Only #2 Bunceton (12%), and #1 Clarksburg (18%) are larger. Also, it has one of the largest proportions of 5 or more vehicles available at 5% of the total and is ranked #2. The only larger city being Bunceton with 7%. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Willow Fork township depicts it has a people who both work and live in the same city of 28% which is the third most people who both work and live in the same city of all other places in the greater Willow Fork township region. The city with the highest people who both work and live in the same city in the area is Versailles which shows a people who both work and live in the same city of 61% (about twice as large). Comparing people who both work and live in the same city to the United States average of 42%, Willow Fork township is approximately three-fourths the size. Also, in contrast to the state of Missouri, people who both work and live in the same city of 40%, Willow Fork township is approximately three-fourths the size.

Willow Fork 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. Willow Fork township shows it has the hightest median earnings of $52,917 for the earnings-natural resources, construction, maintenance occupations classification. Similarly, Figure 47 shows the median earnings of women for the job categories and Willow Fork township shows it has the hightest median earnings of $43,929 for the management, business, and financial occupations group. The table in Figure 48, shows Willow Fork township employment data in terms of job categories and salary data.

Willow Fork 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. Willow Fork township shows it has the hightest entrepreneurs of 57% for the self employed management, business, science, and arts businesses grouping.

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. Willow Fork township shows it has the hightest entrepreneurs of 57% for the self employed in agriculture, forestry, fishing and hunting, and mining group.

In Figure 51 the average annual self employment/entrepreneur income is shown. Willow Fork township shows it has an average annual self employment income of $24,567 which is the second most average annual self employment income of all the places in the greater Willow Fork township region. The city with the highest average annual self employment income in the area is California which depicts an average annual self employment income of $31,482 (28.2% larger). Comparing average annual self employment income to the United States average of $37,819, Willow Fork township is approximately three-fourths the size. Also, measured against the state of Missouri, average annual self employment income of $31,803, Willow Fork township 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.) Willow Fork township depicts total number of self-employed men approximately 4.4 times bigger as the total number of self-employed women.