Lauderdale County Income Charts

This section shows the Lauderdale County Tennessee economy using the most recent economic analysis from the 2019 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Lauderdale County depicts it has a median earnings per worker of $35,966 which is in the mid range of other counties in the metro area. The county with the highest median earnings per worker in the area is Tipton County which shows a median earnings of $43,870 (22.0% larger). Comparing median earnings per worker to the United States average of $47,712, Lauderdale County is approximately three-fourths the size. Also, compared with the state of Tennessee, median earnings per worker of $41,249, Lauderdale County is about 14.7% 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 $37,915 which is less than most other counties in the local area. The county with the highest median household income in the area is Tipton County which shows a median income of $60,167 (58.7% larger). Comparing median household income to the United States average of $60,293, Lauderdale County is approximately three-fourths the size. Also, measured against the state of Tennessee, median household income of $50,972, Lauderdale County is approximately three-fourths the size.

The next section examines a variety of different income statistics for the Lauderdale County metropolitan area. In Figure 3 we see that it has the smallest proportion of earnings of $100,000 more at 2.2% 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 39.5 which is the second smallest as measured by average hours of all the other counties in the local area. The county with the highest average hours in the area is Crockett County which shows an average hours of 40.4 ( 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 $17.51 which is in the mid point range of other counties in the greater region. The county with the highest average hourly earnings in the area is Tipton County which shows an average hourly earnings of $21.14 (20.8% larger). Comparing average hourly earnings to the United States average of $23.71, Lauderdale County is approximately three-fourths the size. Also, in contrast to the state of Tennessee, average hourly earnings of $20.29, Lauderdale County is about 15.9% smaller.

Figure 7 examines the number of self employed people in the Lauderdale County metro area based on the number of people who reported any self employment income. Lauderdale County depicts it has a percentage of people self employed of 8.9% which is less than most other counties in the metropolitan area. The county with the highest percentage of people self employed in the area is Mississippi County which shows a percentage self employed of 9.9% (11.3% larger).

Turning our attention to Figure 8, the median household income by age group, has the smallest proportion of median income-under 25 years at $22,500 of the total. Second, it has in the mid point range of other counties in the metro area when sorted by median income-25 to 44 years at $42,528 of the total. Third, it has the second smallest when sorted by median income for those under 25 years of age of all the other counties in the metropolitan area when sorted by median income-45 to 64 years at $41,921 of the total. Also, it has less than most other counties in the local area in terms of median income-65 years and over at $29,604 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 19.0% which is in the mid point range of other counties in the metro area. The county with the highest households with retirement income in the area is Tipton County which depicts a households with retirement income of 22.5% (18.7% 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 less than most other counties in the local area at $45,662 of the total. Second, it has the second smallest when ranked by overall family income of all the other counties in the local area in terms of white family income at $52,633 of the total. Third, it has the second smallest when sorted by overall family income of all the other counties in the local area in order of black family income at $30,715 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. Lauderdale County depicts it has the hightest cost of 100.0 for the cost of transportation aggregate.

Lauderdale 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 Coronavirus Pandemic the monthly unemployment rate went from 17.2% to 5.0% in March 2020. This represents a decrease in the monthly unemployment rate of 70.9%. Since that time, the monthly unemployment rate has gone to 7.5% This represents an increase in the monthly unemployment rate of 50.0%. 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 disasterous Coronavirus Pandemic the monthly labor force participation went from 10,899 to 9,851 in March 2020. This represents a decrease in the monthly labor force participation of 9.6%. Since that time, the monthly labor force participation has gone to 9,742 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 Lauderdale County shows it has an unemployment rate of 4.0% which is the second smallest in terms of unemployment rate of all the other counties in the metropolitan area. The county with the highest unemployment rate in the area is Mississippi County which shows a rate of 5.4% (33.8% larger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Lauderdale County shows it has a participation rate of 48.8% which is the smallest in order of participation rate of all the other counties 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). Lauderdale County has the smallest proportion of employed at 44.7% of the total. Second, it has the largest proportion of not in labor force at 51.2% 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. Lauderdale County 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 Lauderdale County area. Lauderdale County depicts it has a families with a single earner of 32.9% which is the third most families with a single earner of all other counties in the greater Lauderdale County region. The county with the highest families with a single earner in the area is Crockett County which shows a single earners rate of 34.9% (6.2% larger). The percentage of families with no one working is depicted in Figure 22. Lauderdale County depicts it has a families with no one working of 22.4% which is more than all other counties in the greater Lauderdale County region.

Lauderdale County Poverty Charts

The next section details economy analysis about poverty for residents of the Lauderdale 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. Lauderdale County indicates it has a total people earning less than the poverty level of 5,242 which is in the mid range of other counties in the area. The county with the highest total people earning less than the poverty level in the area is Mississippi County which depicts a total people earning less than the poverty level of 10,825 (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. Lauderdale County indicates it has a percent of people earning less than the poverty level of 22.3% which is the third most percent of people earning less than the poverty level of all other counties in the greater Lauderdale County region. The county with the highest percent of people earning less than the poverty level in the area is Pemiscot County which shows a percent of people in poverty of 27.9% (25.1% larger).



The next chart, Figure 26, shows the percentage of people in poverty by racial group. Lauderdale County has one of the largest proportions of american indian poverty rate at 20% of the total and is ranked #2. The only larger county being Dyer County with 25%. Second, it has the largest proportion of asian poverty rate at 27% of the total and is ranked #1. Third, it has the largest proportion of hispanicp poverty rate at 44% of the total and is ranked #1.

Figure 27 shows key poverty statistics for groups based on marriage status. Lauderdale County has the smallest proportion of unmarried male with children and in poverty at 9% of the total.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Lauderdale County has the largest proportion of college graduate and in poverty at 9% 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.) Lauderdale County shows it has a households with public assistance of 26.2% which is the third most households with public assistance of all other counties in the greater Lauderdale County region. The county with the highest households with public assistance in the area is Pemiscot County which depicts a households with public assistance of 32.7% (24.5% larger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Lauderdale County depicts it has a the gini index of 43.6% which is the smallest as measured by the gini index of all the other counties in the metro area.

Lauderdale 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 Lauderdale 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.) Lauderdale County has the largest proportion of people who take public transportation 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 Lauderdale County or elsewhere.) Lauderdale County 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. Lauderdale County has the smallest proportion of people who leave for work between 730 am to 8am at 8% of the total. Second, it has the smallest proportion of people who leave for work between 8am to 830am at 4% of the total. Third, it has the largest proportion of people who leave for work between 4pm to midnight at 11% 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. Lauderdale County has the percentage of people with commute time of less than 5 minutesutes less than most other counties in the metro area at 4% of the total. Second, it has less than most other counties in the metropolitan area when ranked by people with commute time between 5 to 9 minutes at 13% of the total. Third, it has the largest proportion of people with commute time between 15 to 19 minutes at 18% of the total and is ranked #1. Also, it has the largest proportion of people with commute time of 90 or more minutesutes at 5% of the total and is ranked #1.

The average commute time is shown in Figure 37. Lauderdale County depicts it has an average commute time of 25 which is the second most average commute time of all the counties in the greater Lauderdale County region. Figure 38 shows the difference between male versus female commuting time. Lauderdale County shows average commute time in minutes for men 35.2% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Lauderdale County has one of the largest proportions of no vehicle available at 4% of the total and is ranked #2. The only larger county being Pemiscot County with 5%. Second, it has the smallest proportion of 3 vehicles available at 19% of the total. Third, it has one of the largest proportions of 4 vehicles available at 10% of the total and is ranked #3. Only #2 Haywood County (11%), and #1 Tipton County (13%) are larger. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Lauderdale County shows it has a people who both work and live in the same city of 37% which is in the mid point range of other counties in the greater region. The county with the highest people who both work and live in the same city in the area is Dyer County which depicts a people who both work and live in the same city of 66% (76.3% larger). Comparing people who both work and live in the same city to the United States average of 42%, Lauderdale County is about 12.5% smaller. Also, compared with the state of Tennessee, people who both work and live in the same city of 57%, Lauderdale County is approximately three-fourths the size.

Lauderdale 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. Lauderdale County depicts it has the hightest median earnings of $54,160 for the management, business, and financial occupations classification. Similarly, Figure 47 shows the median earnings of women for the job categories and Lauderdale County shows it has the hightest median earnings of $48,750 for the management, business, and financial occupations grouping. The table in Figure 48, shows Lauderdale County employment data in terms of job categories and salary data.

Lauderdale 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. Lauderdale County depicts it has the hightest entrepreneurs of 46% for the self employed management, business, science, and arts businesses category.

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. Lauderdale County depicts it has the hightest entrepreneurs of 25% for the self employed in construction classification.

In Figure 51 the average annual self employment/entrepreneur income is shown. Lauderdale County shows it has an average annual self employment income of $30,810 which is the smallest when sorted by average annual self employment income of all the other counties in the surrounding region. The county with the highest average annual self employment income in the area is Haywood County which shows an average annual self employment income of $43,566 (41.4% larger). Comparing average annual self employment income to the United States average of $37,819, Lauderdale County is about 22.7% smaller. Also, benchmarked against the state of Tennessee, average annual self employment income of $37,481, Lauderdale County is about 21.7% smaller.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Lauderdale County depicts total number of self-employed men approximately 2.8 times bigger as the total number of self-employed women.