Forestville CDP Ohio Income Charts

This section shows the Forestville CDP Ohio economy using the most recent economic analysis from the 2022 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Forestville CDP depicts it has a Median earnings of $67,626 which is in the middle range of other places in the area. The place with the highest median earnings per worker in the area is Coldstream CDP which indicates a median earnings of $131,964 (about twice as large). Comparing median earnings per worker to the United States average of $53,269, Forestville CDP is 27.0% larger. Also, benchmarked against the state of Ohio, median earnings per worker of $51,482, Forestville CDP is 31.4% 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 $79,731 which is the smallest in terms of median household income of all the other places in the metro area. The place with the highest median household income in the area is Coldstream CDP which depicts a median income of $250,001 (approximately 3.1 times bigger). Comparing median household income to the United States average of $69,021, Forestville CDP is 15.5% larger. Also, in comparison with the state of Ohio, median household income of $61,938, Forestville CDP is 28.7% larger.

The next section examines a variety of different income statistics for the Forestville CDP metropolitan area. In Figure 3 we see that it it has one of the largest proportions of earnings between $15,000 and $19,999 at 28.4% of the total and is ranked #3. Only #2 Cherry Grove CDP (28.4%), and #1 Salem Heights CDP (29.7%) are larger. Second, it has the smallest proportion of earnings between $20,000 and $49,999 at 15.5% 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 38.1 which is the smallest as measured by average hours of all the other places in the metro area. The place with the highest average hours in the area is Sherwood CDP which indicates an average hours of 41.9 (10.0% 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 $34.13 which is in the middle range of other places in the local area. The place with the highest average hourly earnings in the area is Coldstream CDP which shows an average hourly earnings of $63.76 (about twice as large). Comparing average hourly earnings to the United States average of $26.40, Forestville CDP is 29.3% larger. Also, compared with the state of Ohio, average hourly earnings of $25.78, Forestville CDP is 32.4% larger.

Figure 7 examines the number of self employed people in the Forestville CDP metro area based on the number of people who reported any self employment income. Forestville CDP shows it has a Self Employed of 12.3% which is less than most other places in the area. The place with the highest percentage of people self employed in the area is Coldstream CDP which depicts a percentage self employed of 20.9% (69.7% larger).

Turning our attention to Figure 8, the median household income by age group, has the percentage of median income-under 25 years in the mid range of other places in the greater region at $106,729 of the total. Second, it has the smallest proportion of median income-25 to 44 years at $91,017 of the total. Third, it has less than most other places in the area in order of median income-45 to 64 years at $52,019 of the total.

Figure 9 breaks down the source of income and Forestville CDP has the largest proportion of investment and retirement income at 9.1% 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 With Retirement Income of 32.0% which is the largest of all places in the area.

In the next chart, Figure 12, the median family income is shown for families broken down by racial group and has the percentage of overall family income less than most other places in the greater region at $107,374 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. Forestville CDP depicts it has the hightest cost of 101.9 for the cost of housing grouping.

Forestville CDP Ohio 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 shows that from February 2017 to before the COVID-19 Pandemic it went from 5.8% to 3.7% in December 2019. This represents a decrease in the monthly unemployment rate of 36.2%. Since that time, the monthly unemployment rate has gone to 3.7%. 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 18,531 to 19,136 in November 2019. This represents an increase in the monthly labor force participation of 3.3%. Since that time, the monthly labor force participation has gone to 19,136. 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 Forestville CDP depicts it has a Unemployment Rate of 4.4% which is more than all other places in the greater Forestville CDP region. Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Forestville CDP shows it has a Labor Force Participation of 62.9% which is the smallest in terms of participation rate of all the other places in the surrounding 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). Forestville CDP has the largest proportion of employed at 4.4% of the total and is ranked #1. Second, it has the largest proportion of unemployed at 37.1% 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. Forestville CDP depicts full time employees approximately 2.9 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 Forestville CDP area. Forestville CDP depicts it has a Single Earner Families of 24.2% which is less than most other places in the metro area. The place with the highest families with a single earner in the area is Coldstream CDP which shows a single earners rate of 42.2% (74.3% larger). The percentage of families with no one working is depicted in Figure 22. Forestville CDP shows it has a Families with No One Working of 17.2% which is ranked #1 of all places in the greater Forestville CDP region.

Forestville CDP Ohio Poverty Charts

The next section details economy analysis about poverty for residents of the Forestville 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. Forestville CDP shows it has a Total In Poverty of 472 which is ranked #1 of all places in the greater Forestville CDP region.

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Forestville CDP depicts it has a Percent of Population In Poverty of 4.5% which is the third most percent of people earning less than the poverty level of all other places in the greater Forestville CDP region. The place with the highest percent of people earning less than the poverty level in the area is Fruit Hill CDP which depicts a percent of people in poverty of 8.0% (76.9% larger).

In Figure 25 people who are in poverty are broken out by age group. Forestville CDP has the smallest proportion of person in poverty under 12 years at 5% of the total. Second, it has in the center range of other places in the greater region in terms of person in poverty 12 to 17 years at 18% of the total. Third, it has one of the largest proportions of person in poverty 35 to 54 years at 9% of the total and is ranked #2. The only larger place being Dry Run CDP with 10%. Also, it has the largest proportion of person in poverty 55 to 64 years at 29% of the total and is ranked #1.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Forestville CDP has the largest proportion of american indian poverty rate at 43% of the total and is ranked #1.

Figure 27 shows key poverty statistics for groups based on marriage status. Forestville CDP has the smallest proportion of married with children and in poverty at 10% of the total. Second, it has less than most other places in the greater region in order of unmarried with children and in poverty at 6% of the total. Third, it has one of the largest proportions of unmarried female with children and in poverty at 32% of the total and is ranked #2. The only larger place being Coldstream CDP with 36%.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Forestville CDP has the largest proportion of highschool graduate and in poverty at 9% of the total and is ranked #1. Figure 29 looks at only those people who make less than the poverty level of income and breaks down there employment status. Forestville CDP has one of the largest proportions of people who are in poverty and employed at 16.5% of the total and is ranked #2. The only larger place being Sherwood CDP with 25.0%. Second, it has the second smallest in order of people who are in poverty and employed of all the other places in the greater region in terms of people who are in poverty and unemployed at 1.9% 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.) Forestville CDP shows it has a Public Assistance Percent of 5.7% which is ranked #1 of all places in the greater Forestville CDP region.

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Forestville CDP depicts it has a Gini Index of 45.7% which is more than all other places in the greater Forestville CDP region.

Forestville CDP Ohio Work Commute Charts

In Figure 35 is shown a frequency distribution of the time that people leave for work. Forestville CDP has the smallest proportion of people who leave for work between 630 am to 7am at 10% of the total. Second, it has the largest proportion of people who leave for work between 12noon to 4pm at 10% 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. Forestville CDP has one of the largest proportions of people with commute time of less than 5 minutesutes at 13% of the total and is ranked #3. Only #2 Sherwood CDP (19%), and #1 Fruit Hill CDP (22%) are larger. Second, it has less than most other places in the local area when sorted by people with commute time between 5 to 9 minutes at 11% of the total. Third, it has the smallest proportion of people with commute time between 10 to 14 minutes at 7% of the total.

The average commute time is shown in Figure 37. Forestville CDP depicts it has a Avg Commute Time of 24 which is in the mid range of other places in the local area. Figure 38 shows the difference between male versus female commuting time. Forestville CDP depicts average commute time in minutes for men 30.9% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Forestville CDP has the largest proportion of no vehicle available at 17% of the total and is ranked #1. Second, it has the smallest proportion of 3 vehicles available at 6% of the total. Third, it has one of the largest proportions of 4 vehicles available at 5% of the total and is ranked #3. Only #2 Dry Run CDP (5%), and #1 Salem Heights CDP (6%) are larger. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Forestville CDP depicts it has a Work in city or place where live of 24% which is the second most of all the places in the surrounding region. The place with the highest people who both work and live in the same city in the area is Sherwood CDP which shows a people who both work and live in the same city of 32% (33.0% larger). Comparing people who both work and live in the same city to the United States average of 44%, Forestville CDP is approximately half the size. Also, compared to the state of Ohio, people who both work and live in the same city of 36%, Forestville CDP is approximately three-fourths the size.

Forestville CDP Ohio 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. Forestville CDP shows it has the hightest median earnings of $125,057 for the earnings-healthcare practitioners and tech occupations classification. Similarly, Figure 47 shows the median earnings of women for the job categories and Forestville CDP depicts it has the hightest median earnings of $99,318 for the earnings-computer, engineering, and science occupations aggregate. The table in Figure 48, shows Forestville CDP employment data in terms of job categories and salary data.

Forestville CDP Ohio 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. Forestville CDP indicates it has the hightest entrepreneurs of 69% 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. Forestville CDP shows it has the hightest entrepreneurs of 33% for the self employed in professional, scientific, management, administrative services grouping.

In Figure 51 the average annual self employment/entrepreneur income is shown. Forestville CDP depicts it has a Self Employment Income of $35,404 which is less than most other places in the greater region. The place with the highest average annual self employment income in the area is Dry Run CDP which shows an average annual self employment income of $103,931 (approximately 2.9 times bigger). Comparing average annual self employment income to the United States average of $42,141, Forestville CDP is about 19.0% smaller. Also, measured against the state of Ohio, average annual self employment income of $35,759, Forestville CDP is about the same size.

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