Maury County Income Charts

This section shows the Maury 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, Maury County indicates it has a Median earnings of $42,487 which is the second most of all the counties in the metro area. The county with the highest median earnings per worker in the area is Williamson County which shows a median earnings of $76,488 (about twice as large). Comparing median earnings per worker to the United States average of $49,041, Maury County is about 15.4% smaller. Also, measured against the state of Tennessee, median earnings per worker of $42,449, Maury County is about the same 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 $57,170 which is the second most median income of all the counties in the greater Maury County region. The county with the highest median household income in the area is Williamson County which shows a median income of $112,962 (about twice as large). Comparing median household income to the United States average of $62,843, Maury County is about 9.9% smaller. Also, measured against the state of Tennessee, median household income of $53,320, Maury County is 7.2% larger.

Figure 5 has the Average number of hours worked in a typical work week during the year, it has a Avg Hours Worked of 39.7 which is in the center range of other counties in the surrounding region. The county with the highest average hours in the area is Marshall County which shows an average hours of 40.8 (only about 2.8% 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 $20.58 which is the second most average hourly earnings of all the counties in the greater Maury County region. The county with the highest average hourly earnings in the area is Williamson County which shows an average hourly earnings of $37.72 (about twice as large). Comparing average hourly earnings to the United States average of $24.31, Maury County is about 18.1% smaller. Also, measured against the state of Tennessee, average hourly earnings of $20.82, Maury County is about the same size.

Figure 7 examines the number of self employed people in the Maury County metro area based on the number of people who reported any self employment income. Maury County shows it has a Self Employed of 11.8% which is in the mid range of other counties in the greater region. The county with the highest percentage of people self employed in the area is Williamson County which depicts a percentage self employed of 18.8% (59.9% larger).

Turning our attention to Figure 8, the median household income by age group, it has one of the largest proportions of median income-under 25 years at $63,844 of the total and is ranked #2. The only larger county being Williamson County with $117,453. Second, it has one of the largest proportions of median income-25 to 44 years at $67,646 of the total and is ranked #2. The only larger county being Williamson County with $134,852. Third, it has one of the largest proportions of median income-45 to 64 years at $40,588 of the total and is ranked #2. The only larger county being Williamson County with $73,573.

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 23.5% which is in the center range of other counties in the local area. The county with the highest households with retirement income in the area is Lawrence County which depicts a households with retirement income of 27.7% (18.0% 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 $69,289 of the total and is ranked #2. The only larger county being Williamson County with $127,351. Second, it has one of the largest proportions of white family income at $52,705 of the total and is ranked #3. Only #2 Hickman County ($68,622), and #1 Williamson County ($77,766) are larger. Third, it has one of the largest proportions of american indian family income at $113,750 of the total and is ranked #3. Only #2 Williamson County ($131,827), and #1 Lawrence County ($250,001) are larger. Also, it has the second smallest in terms of overall family income of all the other counties in the metro area when ranked by hawaiian family income at $38,988 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. Maury County depicts it has the hightest cost of 96.2 for the cost of miscellaneous items aggregate.

Maury 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 depicts that from February 2010 to before the disasterous COVID-19 Pandemic the monthly unemployment rate went from 13.5% to 3.2% in February 2020. This represents a decrease in the monthly unemployment rate of 76.3%. Since that time, the monthly unemployment rate has gone to 5.8% This represents an increase in the monthly unemployment rate of 81.2%. 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 February 2010 to before the disasterous Coronavirus Pandemic the monthly labor force participation went from 40,936 to 50,506 in February 2020. This represents an increase in the monthly labor force participation of 23.4%. Since that time, the monthly labor force participation has gone to 51,206 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 Maury County shows it has a Unemployment Rate of 2.6% which is in the middle range of other counties in the area. The county with the highest unemployment rate in the area is Lawrence County which shows a rate of 4.4% (69.9% larger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Maury County indicates it has a Labor Force Participation of 63.6% which is the second most of all the counties in the metro area.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Maury County shows full time employees approximately 4.3 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 Maury County area. Maury County depicts it has a Single Earner Families of 27.9% which is the second smallest in terms of families with a single earner of all the other counties in the local area. The county with the highest families with a single earner in the area is Williamson County which depicts a single earners rate of 33.2% (19.1% larger). The percentage of families with no one working is depicted in Figure 22. Maury County depicts it has a Families with No One Working of 17.7% which is the second smallest as measured by families with no one working of all the other counties in the metro area. The county with the highest families with no one working in the area is Lawrence County which depicts a families with no worker of 24.5% (38.2% larger).

Maury County Poverty Charts

The next section details economy analysis about poverty for residents of the Maury 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. Maury County depicts it has a Total In Poverty of 9,146 which is the second most total people earning less than the poverty level of all the counties in the greater Maury County region. The county with the highest total people earning less than the poverty level in the area is Williamson County which depicts a total people earning less than the poverty level of 9,776 (6.9% larger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Maury County depicts it has a Percent of Population In Poverty of 10.1% which is the second smallest when sorted by percent of people earning less than the poverty level of all the other counties in the metro area. The county with the highest percent of people earning less than the poverty level in the area is Lewis County which depicts a percent of people in poverty of 19.5% (about twice as large).

In Figure 25 people who are in poverty are broken out by age group. Maury County has the smallest proportion of person in poverty under 12 years at 6% of the total.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Maury County has the largest proportion of black poverty rate at 27% of the total and is ranked #1. Second, it has in the mid range of other counties in the metro area in order of american indian poverty rate at 5% of the total.

Figure 27 shows key poverty statistics for groups based on marriage status. Maury County has the percentage of married with children and in poverty the second smallest in terms of married with children and in poverty of all the other counties in the greater region at 29% 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 area in terms of unmarried with children and in poverty at 33% of the total. Third, it has less than most other counties in the local area when sorted by unmarried female with children and in poverty at 15% 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.) Maury County depicts it has a Public Assistance Percent of 11.5% which is less than most other counties in the metro area. The county with the highest households with public assistance in the area is Lewis County which depicts a households with public assistance of 22.1% (about twice as large).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Maury County depicts it has a Gini Index of 43.5% which is less than most other counties in the greater region.

Maury 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 Maury 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.) Maury County has the smallest proportion of people who take public transportation to work at 0% of the total. Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Maury County or elsewhere.) Maury County has the smallest proportion of people who walked at 0% of the total.

The next graph in Figure 36 shows the average number of minutes that it takes for people to commute to work. Maury County has the percentage of people with commute time of less than 5 minutesutes less than most other counties in the local area at 8% of the total. Second, it has the second smallest when ranked by people with commute time of less than 5 minutes of all the other counties in the metro area in terms of people with commute time between 5 to 9 minutes at 10% of the total. Third, it has the largest proportion of people with commute time between 15 to 19 minutes at 15% of the total and is ranked #1.

The average commute time is shown in Figure 37. Maury County shows it has a Avg Commute Time of 30 which is the third most average commute time of all other counties in the greater Maury County region. Figure 38 shows the difference between male versus female commuting time. Maury County shows average commute time in minutes for men 23.9% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Maury County has one of the largest proportions of no vehicle available at 16% of the total and is ranked #2. The only larger county being Lewis County with 20%. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Maury County shows it has a Work in city or place where live of 40% which is less than most other counties in the local area. The county with the highest people who both work and live in the same city in the area is Lewis County which shows a people who both work and live in the same city of 57% (43.5% larger). Comparing people who both work and live in the same city to the United States average of 42%, Maury County is about 5.6% smaller. Also, measured against the state of Tennessee, people who both work and live in the same city of 57%, Maury County is approximately three-fourths the size.

Maury 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. Maury County depicts it has the hightest median earnings of $66,032 for the earnings-computer, engineering, and science occupations category. Similarly, Figure 47 shows the median earnings of women for the job categories and Maury County depicts it has the hightest median earnings of $59,875 for the management, business, and financial occupations aggregate. The table in Figure 48, shows Maury County employment data in terms of job categories and salary data.

Maury 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. Maury County depicts it has the hightest entrepreneurs of 52% for the self employed management, business, science, and arts businesses classification.

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. Maury County depicts it has the hightest entrepreneurs of 30% for the self employed in construction aggregate.

In Figure 51 the average annual self employment/entrepreneur income is shown. Maury County shows it has a Self Employment Income of $35,275 which is the third most average annual self employment income of all other counties in the greater Maury County region. The county with the highest average annual self employment income in the area is Williamson County which depicts an average annual self employment income of $58,415 (65.6% larger). Comparing average annual self employment income to the United States average of $39,154, Maury County is about 11.0% smaller. Also, compared to the state of Tennessee, average annual self employment income of $39,208, Maury County is about 11.1% smaller.

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