This section shows the Mount Carmel 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, Mount Carmel CDP depicts it has a Median earnings of $42,942 which is the smallest in order of median earnings per worker of all the other places in the greater region. The place with the highest median earnings per worker in the area is Dry Run CDP which shows a median earnings of $96,341 (approximately 2.2 times bigger). Comparing median earnings per worker to the United States average of $53,269, Mount Carmel CDP is about 24.0% smaller. Also, in comparison with the state of Ohio, median earnings per worker of $51,482, Mount Carmel CDP is about 19.9% smaller.
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 $53,831 which is the second 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 Dry Run CDP which shows a median income of $154,722 (approximately 2.9 times bigger). Comparing median household income to the United States average of $69,021, Mount Carmel CDP is approximately three-fourths the size. Also, measured against the state of Ohio, median household income of $61,938, Mount Carmel CDP is about 15.1% smaller.
The next section examines a variety of different income statistics for the Mount Carmel CDP metropolitan area. In Figure 3 we see that it it has the largest proportion of earnings between $15,000 and $19,999 at 38.3% of the total and is ranked #1. Dividing median annual worker earnings by the average number of hours worked in a year in Figure 4 shows that it has a Avg Hrly Earnings of $21.17 which is the smallest when ranked by average hourly earnings of all the other places in the surrounding region. The place with the highest average hourly earnings in the area is Dry Run CDP which shows an average hourly earnings of $47.38 (approximately 2.2 times bigger). Comparing average hourly earnings to the United States average of $26.40, Mount Carmel CDP is about 24.7% smaller. Also, measured against the state of Ohio, average hourly earnings of $25.78, Mount Carmel CDP is about 21.8% smaller.
Figure 5 examines the number of self employed people in the Mount Carmel CDP metro area based on the number of people who reported any self employment income. Mount Carmel CDP depicts it has a Self Employed of 13.0% which is the second most people self employed of all the places in the greater Mount Carmel CDP region. The place with the highest percentage of people self employed in the area is Dry Run CDP which depicts a percentage self employed of 18.6% (43.6% larger).
Figure 6 breaks down the source of income and Mount Carmel CDP has the largest proportion of income from wages at 10.1% of the total and is ranked #1. Second, it has the smallest proportion of self employment income at 6.2% of the total.
The next chart (Figure 7) shows the percentage of households that had retirement income over the last 12 months and it has a With Retirement Income of 18.3% which is the smallest in order of households with retirement income of all the other places in the metro area. The place with the highest households with retirement income in the area is Forestville CDP which depicts a households with retirement income of 32.0% (74.9% larger).
The percentage of full-time workers are compared to the number of part-time workers in Figure 8. Mount Carmel CDP shows full time employees approximately 3.6 times bigger as the part time employees.
Similar to the last chart is Figure 9 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. Mount Carmel CDP shows it has the hightest entrepreneurs of 53% for the self employed in construction grouping.
Figure 10 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Mount Carmel CDP depicts it has the hightest cost of 103.8 for the cost of utilities grouping.
Mount Carmel CDP Ohio Poverty Charts
In Figure 11 the percentage of people earning less than the poverty level is shown and compared across the group of places. Mount Carmel CDP depicts it has a Percent of Population In Poverty of 19.1% which is the second most percent of people earning less than the poverty level of all the places in the greater Mount Carmel CDP region. The place with the highest percent of people earning less than the poverty level in the area is Summerside CDP which shows a percent of people in poverty of 23.0% (20.3% larger).
Additionally, Figure 12 looks at the percentage of people who receive some form of public assistance including general assistance, temporary assistance or food stamps (i.e. SNAP.) Mount Carmel CDP shows it has a Public Assistance Percent of 12.4% which is the second most households with public assistance of all the places in the greater Mount Carmel CDP region. The place with the highest households with public assistance in the area is Summerside CDP which depicts a households with public assistance of 21.0% (69.4% larger).
Mount Carmel CDP Ohio Labor Force Charts
The table in Figure 13, shows Mount Carmel CDP employment data in terms of job categories and salary data.
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 COVID-19 Pandemic it went from 5.1% to 3.6% in December 2019. This represents a decrease in the monthly unemployment rate of 29.4%. Since that time, the monthly unemployment rate has gone to 3.6%. This represents an increase in the monthly unemployment rate of very little.
Mount Carmel CDP Ohio Jobs Charts
In the jobs section of economic activity charts in Figure 15 shows the average annual earnings for very high level job industry categories for full time and year round employed.
Figure 16 shows the average median earnings for different categories of jobs.
Mount Carmel CDP Ohio Work Commute Charts
Figure 19 is provided for comparison purposes to the previous chart. It shows how people get to work overall on average in the United States.
The average commute time is shown in Figure 21. Mount Carmel CDP depicts it has a Avg Commute Time of 25 which is the third most average commute time of all other places in the greater Mount Carmel CDP region.
Cities marked with an asterisk ("*") should resemble a city or town but do not have their own government (i.e. Mayor, City Council, etc.) These places should be recognizable by the local community but their boundaries have no legal status. Technically these include both Census Designated Places (CDP) and Census County Divisions (CCD) which are defined by the Census Bureau along with local authorities. (For more information, see:
Census Designated Place or "CDP")
and Census County Division "CCD".)
For comparison purposes, the US national average and the state average value are provided. Additionally, the "Combined Statistical Area" or CSA is shown that is closest to the city, county, or zip code shown. A CSA is a large grouping of adjacent metropolitan areas that identified by the Census Bureau based on social and economic ties. (See: Combined Statistical Area)
Data sources - Mouse over icon in upper right corner of each chart for information.