Black River Falls Wisconsin Income Charts

This section shows the Black River Falls Wisconsin economy using the most recent economic analysis from the 2022 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Black River Falls depicts it has a Median earnings of $41,907 which is the second most of all the places in the local area. The city with the highest median earnings per worker in the area is Millston CDP which depicts a median earnings of $47,969 (14.5% larger). Comparing median earnings per worker to the United States average of $53,269, Black River Falls is approximately three-fourths the size. Also, benchmarked against the state of Wisconsin, median earnings per worker of $52,245, Black River Falls is about 24.7% 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 $42,444 which is the second smallest when sorted by median household income of all the other places in the metropolitan area. The city with the highest median household income in the area is Hixton which indicates a median income of $78,000 (about twice as large). Comparing median household income to the United States average of $69,021, Black River Falls is approximately three-fourths the size. Also, in comparison with the state of Wisconsin, median household income of $67,080, Black River Falls is approximately three-fourths the size.

The next section examines a variety of different income statistics for the Black River Falls metropolitan area. In Figure 3 we see that it has the percentage of earnings less than $10,000 the second smallest when sorted by median earnings of less than $10,000 of all the other places in the metropolitan area at 2.5% of the total. Second, it has the largest proportion of earnings between $10,000 and $14,999 at 11.0% of the total and is ranked #1. Third, it has the largest proportion of earnings between $75,000 and $99,999 at 5.2% 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 36.7 which is the second smallest in terms of average hours of all the other places in the local area. The city with the highest average hours in the area is Hatfield CDP which depicts an average hours of 40.5 (10.4% 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 $21.96 which is the second most average hourly earnings of all the places in the greater Black River Falls region. The city with the highest average hourly earnings in the area is Millston CDP which shows an average hourly earnings of $23.96 (9.1% larger). Comparing average hourly earnings to the United States average of $26.40, Black River Falls is about 20.2% smaller. Also, in comparison with the state of Wisconsin, average hourly earnings of $26.03, Black River Falls is about 18.5% smaller.

Figure 7 examines the number of self employed people in the Black River Falls metro area based on the number of people who reported any self employment income. Black River Falls depicts it has a Self Employed of 7.8% which is in the center range of other places in the greater region. The city with the highest percentage of people self employed in the area is Hatfield CDP which depicts a percentage self employed of 24.2% (approximately 3.1 times bigger).

Turning our attention to Figure 8, the median household income by age group, has the percentage of median income-under 25 years in the middle range of other places in the metropolitan area at $64,643 of the total. Second, it has the smallest proportion of median income-25 to 44 years at $32,446 of the total. Third, it has the smallest proportion of median income-45 to 64 years at $24,420 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 32.5% which is the second most households with retirement income of all the places in the greater Black River Falls region. The city with the highest households with retirement income in the area is Hatfield CDP which depicts a households with retirement income of 40.9% (26.0% 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 $81,103 of the total and is ranked #3. Only #2 Hatfield CDP ($86,250), and #1 Hixton ($88,125) 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. Black River Falls shows it has the hightest cost of 103.6 for the cost of healthcare aggregate.

Black River Falls Wisconsin Labor Force Charts

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 shows that from February 2017 to before the disasterous Covid-19 virus Pandemic it went from 3.8% to 2.7% in December 2019. This represents a decrease in the monthly unemployment rate of 28.9%. Since that time, the monthly unemployment rate has gone to 2.7%. This represents an increase in the monthly unemployment rate of very little. 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. The monthly labor force participation depicts that from January 2017 to before the COVID-19 Pandemic it went from 29,511 to 29,312 in November 2019. This represents a decrease in the monthly labor force participation of very little. Since that time, the monthly labor force participation has gone to 29,312. 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 Black River Falls depicts it has a Unemployment Rate of 1.4% which is less than most other places in the local area. The city with the highest unemployment rate in the area is Alma Center which depicts a rate of 12.1% ( considerably bigger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Black River Falls shows it has a Labor Force Participation of 58.6% which is the second smallest when ranked by participation rate of all the other places in the greater region.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Black River Falls shows full time employees approximately 3.3 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 Black River Falls area. Black River Falls depicts it has a Single Earner Families of 24.8% which is in the mid range of other places in the area. The city with the highest families with a single earner in the area is Merrillan which depicts a single earners rate of 36.0% (45.1% larger). The percentage of families with no one working is depicted in Figure 22. Black River Falls depicts it has a Families with No One Working of 10.9% which is less than most other places in the area. The city with the highest families with no one working in the area is Millston CDP which depicts a families with no worker of 24.0% (about twice as large).

Black River Falls Wisconsin Poverty Charts

The next section details economy analysis about poverty for residents of the Black River Falls 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. Black River Falls depicts it has a Total In Poverty of 565 which is is the uppermost of the places in the greater Black River Falls region.

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Black River Falls depicts it has a Percent of Population In Poverty of 16.7% which is the second most percent of people earning less than the poverty level of all the places in the greater Black River Falls region. The city with the highest percent of people earning less than the poverty level in the area is Merrillan which shows a percent of people in poverty of 18.8% (12.3% larger).

In Figure 25 people who are in poverty are broken out by age group. Black River Falls has the percentage of person in poverty under 12 years in the center range of other places in the area at 2% of the total. Second, it has less than most other places in the metropolitan area when ranked by person in poverty 12 to 17 years at 4% of the total. Third, it has the largest proportion of person in poverty 18 to 34 years at 48% of the total and is ranked #1.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Black River Falls has one of the largest proportions of black poverty rate at 39% of the total and is ranked #2. The only larger city being Melrose with 100%. Second, it has one of the largest proportions of hawaiian poverty rate at 35% of the total and is ranked #2. The only larger city being Melrose with 84%.

Figure 27 shows key poverty statistics for groups based on marriage status. Black River Falls has one of the largest proportions of married with children and in poverty at 44% of the total and is ranked #2. The only larger city being Merrillan with 44%. Second, it has the largest proportion of unmarried with children and in poverty at 65% of the total and is ranked #1.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Black River Falls has one of the largest proportions of less than highschool in poverty at 21% of the total and is ranked #3. Only #2 Merrillan (23%), and #1 Melrose (31%) are larger. Second, it has the largest proportion of highschool graduate and in poverty at 21% 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. Black River Falls has the percentage of people who are in poverty and unemployed the second smallest in terms of people who are in poverty and employed of all the other places in the local area at 9.4% 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.) Black River Falls shows it has a Public Assistance Percent of 22.8% which is the second most households with public assistance of all the places in the greater Black River Falls region. The city with the highest households with public assistance in the area is Merrillan which depicts a households with public assistance of 22.9% ( about the same size).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Black River Falls depicts it has a Gini Index of 47.8% which is the highest of all places in the greater Black River Falls region.

Black River Falls Wisconsin Work Commute Charts

In Figure 35 is shown a frequency distribution of the time that people leave for work. Black River Falls has the percentage of people who leave for work between 12am to 5am the second smallest as measured by people who leave for work between 12am to 5am of all the other places in the metro area at 3% of the total. Second, it has the largest proportion of people who leave for work between 8am to 830am at 13% 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. Black River Falls has the largest proportion of people with commute time of less than 5 minutesutes at 26% of the total and is ranked #1. Second, it has the largest proportion of people with commute time between 5 to 9 minutes at 16% of the total and is ranked #1. Third, it has the second smallest in terms of people with commute time of less than 5 minutes of all the other places in the local area in terms of people with commute time between 10 to 14 minutes at 9% of the total. Also, it has the smallest proportion of people with commute time between 15 to 19 minutes at 5% of the total.

The average commute time is shown in Figure 37. Black River Falls indicates it has a Avg Commute Time of 17 which is the smallest when sorted by average commute time of all the other places in the surrounding region. Figure 38 shows the difference between male versus female commuting time. Black River Falls depicts average commute time in minutes for men 30.2% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Black River Falls has one of the largest proportions of no vehicle available at 24% of the total and is ranked #2. The only larger city being Merrillan with 29%. Second, it has one of the largest proportions of 1 vehicle available at 51% of the total and is ranked #2. The only larger city being Millston CDP with 53%. Third, it has the smallest proportion of 2 vehicles available at 16% of the total. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Black River Falls depicts it has a Work in city or place where live of 52% which is the highest of all places in the greater Black River Falls region. Comparing people who both work and live in the same city to the United States average of 44%, Black River Falls is 18.7% larger. Also, benchmarked against the state of Wisconsin, people who both work and live in the same city of 41%, Black River Falls is 27.1% larger.

Black River Falls Wisconsin 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. Black River Falls depicts it has the hightest median earnings of $67,566 for the earnings-natural resources, construction, maintenance occupations aggregate. Similarly, Figure 47 shows the median earnings of women for the job categories and Black River Falls depicts it has the hightest median earnings of $88,325 for the earnings-healthcare practitioners and tech occupations category. The table in Figure 48, shows Black River Falls employment data in terms of job categories and salary data.

Black River Falls Wisconsin 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. Black River Falls depicts it has the hightest entrepreneurs of 100% 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. Black River Falls depicts it has the hightest entrepreneurs of 100% for the self employed in educational services, health care and social assistance category.

In Figure 51 the average annual self employment/entrepreneur income is shown. Black River Falls depicts it has a Self Employment Income of $46,300 which is more than all other places in the local area. Comparing average annual self employment income to the United States average of $42,141, Black River Falls is 9.9% larger. Also, in contrast to the state of Wisconsin, average annual self employment income of $36,338, Black River Falls is 27.4% larger.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Black River Falls shows total number of self-employed men about 13.2% smaller as the total number of self-employed women.