Grand Isle County Income Charts

This section shows the Grand Isle County Vermont economy using the most recent economic analysis from the 2021 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Grand Isle County shows it has a Median earnings of $53,389 which is the second most of all the counties in the area. The county with the highest median earnings per worker in the area is Chittenden County which depicts a median earnings of $55,739 (only about 4.4% larger). Comparing median earnings per worker to the United States average of $50,459, Grand Isle County is only about 5.8% larger. Also, compared with the state of Vermont, median earnings per worker of $49,689, Grand Isle County is 7.4% 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 $81,667 which is more than all other counties in the greater Grand Isle County region. Comparing median household income to the United States average of $64,994, Grand Isle County is 25.7% larger. Also, compared to the state of Vermont, median household income of $63,477, Grand Isle County is 28.7% larger.

The next section examines a variety of different income statistics for the Grand Isle County metropolitan area. In Figure 3 we see that it it has the largest proportion of earnings between $10,000 and $14,999 at 7.7% of the total and is ranked #1. Second, it has the largest proportion of earnings between $50,000 and $74,999 at 10.4% of the total and is ranked #1. Third, it has the largest proportion of earnings between $75,000 and $99,999 at 11.8% of the total and is ranked #1.

Figure 5 has the Average number of hours worked in a typical work week during the year, it has a Avg Hours Worked of 39.4 which is more than all other counties in the greater region. 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 $26.06 which is the second most average hourly earnings of all the counties in the greater Grand Isle County region. The county with the highest average hourly earnings in the area is Chittenden County which depicts an average hourly earnings of $29.05 (11.5% larger). Comparing average hourly earnings to the United States average of $25.01, Grand Isle County is only about 4.2% larger. Also, in comparison with the state of Vermont, average hourly earnings of $25.21, Grand Isle County is only about 3.4% larger.

Figure 7 examines the number of self employed people in the Grand Isle County metro area based on the number of people who reported any self employment income. Grand Isle County depicts it has a Self Employed of 15.8% which is the second most people self employed of all the counties in the greater Grand Isle County region. The county with the highest percentage of people self employed in the area is Lamoille County which shows a percentage self employed of 16.8% (6.5% larger).

Turning our attention to Figure 8, the median household income by age group, it has the largest proportion of median income-under 25 years at $87,045 of the total and is ranked #1. Second, it has the largest proportion of median income-25 to 44 years at $97,928 of the total and is ranked #1. Third, it has one of the largest proportions of median income-45 to 64 years at $53,816 of the total and is ranked #2. The only larger county being Chittenden County with $58,170.

Figure 9 breaks down the source of income and Grand Isle County has the largest proportion of income from wages at 6.5% of the total and is ranked #1. Second, it has the smallest proportion of social security at 0.3% 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 28.6% which is the third most of all other counties in the local area. The county with the highest households with retirement income in the area is Essex County which shows a households with retirement income of 32.3% (12.9% 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 $98,545 of the total and is ranked #2. The only larger county being Chittenden County with $103,229. Second, it has the largest proportion of hawaiian family income at $112,083 of the total and is ranked #1.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Grand Isle County shows it has the hightest cost of 120.5 for the cost of housing category.

Grand Isle 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 January 2010 to before the Coronavirus Pandemic the monthly unemployment rate went from 9.0% to 4.0% in March 2020. This represents a decrease in the monthly unemployment rate of 55.6%. Since that time, the monthly unemployment rate has gone to 3.9% This represents a decrease in the monthly unemployment rate of 2.5%. 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 virus Pandemic the monthly labor force participation went from 4,113 to 4,202 in March 2020. This represents an increase in the monthly labor force participation of 2.2%. Since that time, the monthly labor force participation has gone to 4,055 This represents a decrease in the monthly labor force participation of 3.5%.

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 Grand Isle County depicts it has a Unemployment Rate of 2.8% which is the second most unemployment rate of all the counties in the greater Grand Isle County region. The county with the highest unemployment rate in the area is Franklin County which depicts a rate of 2.9% (only about 2.7% larger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Grand Isle County depicts it has a Labor Force Participation of 62.1% which is less than most other counties in the greater region.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Grand Isle County depicts full time employees approximately 3.4 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 Grand Isle County area. Grand Isle County shows it has a Single Earner Families of 24.8% which is the third most families with a single earner of all other counties in the greater Grand Isle County region. The county with the highest families with a single earner in the area is Essex County which depicts a single earners rate of 28.7% (15.6% larger). The percentage of families with no one working is depicted in Figure 22. Grand Isle County depicts it has a Families with No One Working of 18.9% which is the third most families with no one working of all other counties in the greater Grand Isle County region. The county with the highest families with no one working in the area is Clinton County which shows a families with no worker of 22.6% (19.7% larger).

Grand Isle County Poverty Charts

The next section details economy analysis about poverty for residents of the Grand Isle 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. Grand Isle County depicts it has a Total In Poverty of 447 which is the smallest in order of total people earning less than the poverty level of all the other counties in the local area. The county with the highest total people earning less than the poverty level in the area is Chittenden County which depicts a total people earning less than the poverty level of 17,305 ( substantially bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Grand Isle County shows it has a Percent of Population In Poverty of 6.3% which is the smallest in terms of percent of people earning less than the poverty level of all the other counties in the surrounding region. The county with the highest percent of people earning less than the poverty level in the area is Lamoille County which depicts a percent of people in poverty of 12.4% (about twice as large).

In Figure 25 people who are in poverty are broken out by age group. Grand Isle County has the largest proportion of person in poverty under 12 years at 13% of the total and is ranked #1. Second, it has the second smallest as measured by person in poverty under 12 years of all the other counties in the area as measured by person in poverty 12 to 17 years at 24% of the total.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Grand Isle County has the smallest proportion of white poverty rate at 2% of the total.

Figure 27 shows key poverty statistics for groups based on marriage status. Grand Isle County has the smallest proportion of married with children and in poverty at 22% of the total. Second, it has the smallest proportion of unmarried with children and in poverty at 26% 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 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. Grand Isle County has the smallest proportion of less than highschool in poverty at 7% of the total. Second, it has the smallest proportion of highschool graduate and in poverty at 3% of the total. Third, it has the smallest proportion of has some college and in poverty at 2% of the total. Figure 29 looks at only those people who make less than the poverty level of income and breaks down there employment status. Grand Isle County has the smallest proportion of people who are in poverty and employed at 0.7% of the total. Second, it has the smallest proportion of people who are in poverty and unemployed at 10.3% 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.) Grand Isle County shows it has a Public Assistance Percent of 8.7% which is the second smallest when sorted by households with public assistance of all the other counties in the metro area. The county with the highest households with public assistance in the area is Clinton County which depicts a households with public assistance of 15.5% (77.2% larger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Grand Isle County shows it has a Gini Index of 41.5% which is the second smallest when ranked by the gini index of all the other counties in the local area.

Grand Isle 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 Grand Isle 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.) Grand Isle County has the smallest proportion of people who drive a car or motorcycle to work at 0% of the total. Second, it has the smallest proportion of people who take public transportation to work at 2% of the total. Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Grand Isle County or elsewhere.) Grand Isle County has the smallest proportion of people who carpooled at 8% of the total. Second, it has the smallest proportion of people who walked at 2% of the total. Third, it has the smallest proportion of people who took a taxicab, motorcycle or other at 0% of the total.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Grand Isle County has the largest proportion of people who leave for work between 12am to 5am at 5% of the total and is ranked #1. Second, it has the largest proportion of people who leave for work between 630 am to 7am at 21% of the total and is ranked #1. Third, it has the smallest proportion of people who leave for work between 9am to 10am at 1% of the total. Also, it has the largest proportion of people who leave for work between 10am to 11am at 2% of the total and is ranked #1. In addition, it has the smallest proportion of people who leave for work between 11am to 12noon at 4% of the total. Furthermore, it has the smallest proportion of people who leave for work between 12noon to 4pm at 3% of the total.

The next graph in Figure 36 shows the average number of minutes that it takes for people to commute to work. Grand Isle County has the smallest proportion of people with commute time of less than 5 minutesutes at 7% of the total. Second, it has the smallest proportion of people with commute time between 5 to 9 minutes at 3% of the total. Third, it has the smallest proportion of people with commute time between 10 to 14 minutes at 6% of the total. Also, it has the smallest proportion of people with commute time between 15 to 19 minutes at 6% of the total. In addition, it has the largest proportion of people with commute time between 20 to 24 minutes at 10% of the total and is ranked #1. Furthermore, it has the largest proportion of people with commute time between 25 to 29 minutes at 17% of the total and is ranked #1. Next it has the largest proportion of people with commute time between 30 to 34 minutes at 10% of the total and is ranked #1. Additionally, it has the largest proportion of people with commute time between 35 to 39 minutes at 10% of the total and is ranked #1. And then, it has the largest proportion of people with commute time between 40 to 44 minutes at 15% of the total and is ranked #1.

The average commute time is shown in Figure 37. Grand Isle County shows it has a Avg Commute Time of 33 which is more than all other counties in the greater Grand Isle County region. Figure 38 shows the difference between male versus female commuting time. Grand Isle County depicts average commute time in minutes for men 12.4% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Grand Isle County has the smallest proportion of no vehicle available at 13% of the total. Second, it has the smallest proportion of 1 vehicle available at 42% of the total. Third, it has the largest proportion of 2 vehicles available at 29% of the total and is ranked #1. Also, it has the largest proportion of 3 vehicles available at 9% of the total and is ranked #1. In addition, it has the largest proportion of 4 vehicles available at 7% of the total and is ranked #1. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Grand Isle County shows it has a Work in city or place where live of 19% which is the smallest as measured by 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 Essex County which depicts a people who both work and live in the same city of 43% (approximately 2.2 times bigger). Comparing people who both work and live in the same city to the United States average of 43%, Grand Isle County is approximately half the size. Also, compared to the state of Vermont, people who both work and live in the same city of 38%, Grand Isle County is approximately half the size.

Grand Isle 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. Grand Isle County depicts it has the hightest median earnings of $100,709 for the earnings-education, legal, community service, arts, media occupations aggregate. Similarly, Figure 47 shows the median earnings of women for the job categories and Grand Isle County shows it has the hightest median earnings of $112,083 for the earnings-healthcare practitioners and tech occupations grouping. The table in Figure 48, shows Grand Isle County employment data in terms of job categories and salary data.

Grand Isle 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. Grand Isle County depicts it has the hightest entrepreneurs of 50% for the self employed management, business, science, and arts businesses grouping.

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. Grand Isle County indicates it has the hightest entrepreneurs of 20% for the self employed in construction aggregate.

In Figure 51 the average annual self employment/entrepreneur income is shown. Grand Isle County shows it has a Self Employment Income of $40,445 which is the largest of all counties in the greater Grand Isle County region. Comparing average annual self employment income to the United States average of $40,101, Grand Isle County is about the same size. Also, compared with the state of Vermont, average annual self employment income of $32,178, Grand Isle County is 25.7% larger.

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