Fentress County Income Charts

This section shows the Fentress County Tennessee economy using the most recent economic analysis from the 2020 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Fentress County depicts it has a Median earnings of $34,279 which is less than most other counties in the greater region. The county with the highest median earnings per worker in the area is Morgan County which shows a median earnings of $39,582 (15.5% larger). Comparing median earnings per worker to the United States average of $49,041, Fentress County is approximately three-fourths the size. Also, compared to the state of Tennessee, median earnings per worker of $42,449, Fentress County is about 23.8% 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 $36,520 which is the second smallest when sorted by median household income of all the other counties in the surrounding region. The county with the highest median household income in the area is Cumberland County which depicts a median income of $45,958 (25.8% larger). Comparing median household income to the United States average of $62,843, Fentress County is approximately half the size. Also, benchmarked against the state of Tennessee, median household income of $53,320, Fentress County is approximately three-fourths the size.

The next section examines a variety of different income statistics for the Fentress County metropolitan area. In Figure 3 we see that it it has the largest proportion of earnings less than $10,000 at 10.1% of the total and is ranked #1. Second, it has one of the largest proportions of earnings between $10,000 and $14,999 at 11.0% of the total and is ranked #2. The only larger county being Clinton County with 11.9%. Third, it has the smallest proportion of earnings between $75,000 and $99,999 at 2.1% 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 38.6 which is in the middle range of other counties in the greater region. The county with the highest average hours in the area is Scott County which depicts an average hours of 39.8 (only about 3.1% 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 $17.08 which is in the mid range of other counties in the greater region. The county with the highest average hourly earnings in the area is Morgan County which depicts an average hourly earnings of $19.77 (15.8% larger). Comparing average hourly earnings to the United States average of $24.31, Fentress County is approximately three-fourths the size. Also, in contrast to the state of Tennessee, average hourly earnings of $20.82, Fentress County is about 21.9% smaller.

Figure 7 examines the number of self employed people in the Fentress County metro area based on the number of people who reported any self employment income. Fentress County depicts it has a Self Employed of 12.6% which is the second most people self employed of all the counties in the greater Fentress County region. The county with the highest percentage of people self employed in the area is Overton County which depicts a percentage self employed of 13.4% (6.0% larger).

Turning our attention to Figure 8, the median household income by age group, has the percentage of median income-under 25 years the second smallest when sorted by median income for those under 25 years of age of all the other counties in the greater region at $42,193 of the total. Second, it has in the center range of other counties in the local area as measured by median income-25 to 44 years at $40,965 of the total. Third, it has in the mid range of other counties in the metro area as measured by median income-45 to 64 years at $31,309 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 With Retirement Income of 21.6% which is in the mid range of other counties in the metropolitan area. The county with the highest households with retirement income in the area is Cumberland County which shows a households with retirement income of 33.3% (54.0% larger).

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 the second smallest in order of overall family income of all the other counties in the metro area at $44,783 of the total. Second, it has one of the largest proportions of hawaiian family income at $34,375 of the total and is ranked #3. Only #2 Cumberland County ($39,920), and #1 Scott County ($40,833) 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. Fentress County shows it has the hightest cost of 106.9 for the cost of transportation aggregate.

Fentress County 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 January 2010 to before the Wuhan Coronavirus/COVID Pandemic the monthly unemployment rate went from 14.9% to 5.3% in March 2020. This represents a decrease in the monthly unemployment rate of 64.4%. Since that time, the monthly unemployment rate has gone to 4.4% This represents a decrease in the monthly unemployment rate of 17.0%. 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 Wuhan Coronavirus Pandemic the monthly labor force participation went from 7,345 to 7,461 in March 2020. This represents an increase in the monthly labor force participation of very little. Since that time, the monthly labor force participation has gone to 7,415 This represents a decrease 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 Fentress County depicts it has a Unemployment Rate of 3.6% which is the second most of all the counties in the local area. The county with the highest unemployment rate in the area is Scott County which depicts a rate of 3.7% ( only slightly larger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Fentress County shows it has a Labor Force Participation of 51.3% which is the second most of all the counties in the metropolitan area.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Fentress County depicts full time employees approximately 3.1 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 Fentress County area. Fentress County shows it has a Single Earner Families of 30.9% which is the third most of all other counties in the metro area. The county with the highest families with a single earner in the area is Morgan County which depicts a single earners rate of 35.2% (14.2% larger). The percentage of families with no one working is depicted in Figure 22. Fentress County shows it has a Families with No One Working of 30.9% which is the third most families with no one working of all other counties in the greater Fentress County region. The county with the highest families with no one working in the area is Cumberland County which shows a families with no worker of 39.6% (28.1% larger).

Fentress County Poverty Charts

The next section details economy analysis about poverty for residents of the Fentress County 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. Fentress County depicts it has a Total In Poverty of 3,649 which is less than most other counties in the metro area. The county with the highest total people earning less than the poverty level in the area is Cumberland County which shows a total people earning less than the poverty level of 8,020 (about twice as large).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Fentress County shows it has a Percent of Population In Poverty of 20.6% which is in the middle range of other counties in the metropolitan area. The county with the highest percent of people earning less than the poverty level in the area is Clinton County which depicts a percent of people in poverty of 24.1% (17.4% larger).

In Figure 25 people who are in poverty are broken out by age group. Fentress County has the largest proportion of person in poverty 12 to 17 years at 24% of the total and is ranked #1.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Fentress County has the largest proportion of white poverty rate at 100% of the total and is ranked #1.

Figure 27 shows key poverty statistics for groups based on marriage status. Fentress County has the smallest proportion of married with children and in poverty at 30% of the total. Second, it has the second smallest when sorted by married with children and in poverty of all the other counties in the greater region when ranked by unmarried with children and in poverty at 34% of the total. Third, it has the second smallest as measured by married with children and in poverty of all the other counties in the greater region in terms of unmarried female with children and in poverty at 21% of the total.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Fentress County has the largest proportion of less than highschool in poverty at 24% 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. Fentress County has the largest proportion of people who are in poverty and employed at 7.1% 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.) Fentress County shows it has a Public Assistance Percent of 22.8% which is less than most other counties in the surrounding region. The county with the highest households with public assistance in the area is Scott County which shows a households with public assistance of 26.5% (16.0% larger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Fentress County shows it has a Gini Index of 42.1% which is the smallest when sorted by the gini index of all the other counties in the metro area.

Fentress County 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 Fentress County 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.) Fentress County has the largest proportion of people who drive a car or motorcycle to work at 0% 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 Fentress County or elsewhere.) Fentress County has the smallest proportion of people who drove alone at 82% of the total. Second, it has the largest proportion of people who take the bus at 0% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Fentress County has one of the largest proportions of people who leave for work between 12am to 5am at 7% of the total and is ranked #3. Only #2 Scott County (7%), and #1 Morgan County (8%) are larger. Second, it has the largest proportion of people who leave for work between 530 am to 6am at 13% of the total and is ranked #1. Third, it has the smallest proportion of people who leave for work between 630 am to 7am at 10% of the total. Also, it has the largest proportion of people who leave for work between 830 am to 9am at 4% of the total and is ranked #1. In addition, it has the largest proportion of people who leave for work between 12noon to 4pm at 9% 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. Fentress County has one of the largest proportions of people with commute time between 5 to 9 minutes at 17% of the total and is ranked #3. Only #2 Scott County (18%), and #1 Clinton County (21%) are larger. Second, it has the smallest proportion of people with commute time between 20 to 24 minutes at 3% of the total.

The average commute time is shown in Figure 37. Fentress County depicts it has a Avg Commute Time of 24 which is less than most other counties in the area. Figure 38 shows the difference between male versus female commuting time. Fentress County depicts average commute time in minutes for men 45.1% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Fentress County has the largest proportion of 1 vehicle available at 42% of the total and is ranked #1. Second, it has the smallest proportion of 3 vehicles available at 8% of the total. Third, it has one of the largest proportions of 4 vehicles available at 10% of the total and is ranked #2. The only larger county being Scott County with 12%. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Fentress County depicts it has a Work in city or place where live of 29% which is the second smallest in order of people who both work and live in the same city of all the other counties in the metro area. The county with the highest people who both work and live in the same city in the area is Clinton County 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%, Fentress County is approximately three-fourths the size. Also, compared with the state of Tennessee, people who both work and live in the same city of 57%, Fentress County is approximately half the size.

Fentress County 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. Fentress County shows it has the hightest median earnings of $50,049 for the earnings-sales and office occupations group. Similarly, Figure 47 shows the median earnings of women for the job categories and Fentress County shows it has the hightest median earnings of $63,214 for the management, business, and financial occupations category. The table in Figure 48, shows Fentress County employment data in terms of job categories and salary data.

Fentress County 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. Fentress County depicts it has the hightest entrepreneurs of 46% for the self employed in sales and office related 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. Fentress County depicts it has the hightest entrepreneurs of 39% for the self employed in transportation, warehousing, and utilities grouping.

In Figure 51 the average annual self employment/entrepreneur income is shown. Fentress County shows it has a Self Employment Income of $34,706 which is the second most average annual self employment income of all the counties in the greater Fentress County region. The county with the highest average annual self employment income in the area is Pickett County which depicts an average annual self employment income of $45,304 (30.5% larger). Comparing average annual self employment income to the United States average of $39,154, Fentress County is about 12.8% smaller. Also, measured against the state of Tennessee, average annual self employment income of $39,208, Fentress County is about 13.0% smaller.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Fentress County depicts total number of self-employed men approximately 2.3 times bigger as the total number of self-employed women.