Cable CDP Wisconsin Income Charts

This section shows the Cable CDP Wisconsin economy using the most recent economic analysis from the 2020 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Cable CDP depicts it has a Median earnings of $63,875 which is ranked #1 of all places in the greater Cable CDP region. Comparing median earnings per worker to the United States average of $49,041, Cable CDP is 30.2% larger. Also, benchmarked against the state of Wisconsin, median earnings per worker of $48,208, Cable CDP is 32.5% 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 $27,250 which is the second smallest when ranked by median household income of all the other places in the metropolitan area. The place with the highest median household income in the area is Chief Lake CDP which depicts a median income of $51,161 (about twice as large). Comparing median household income to the United States average of $62,843, Cable CDP is approximately half the size. Also, versus the state of Wisconsin, median household income of $61,747, Cable CDP is approximately half the size.

The next section examines a variety of different income statistics for the Cable CDP metropolitan area. In Figure 3 we see that it it has one of the largest proportions of earnings between $10,000 and $14,999 at 16.7% of the total and is ranked #2. The only larger place being Grand View CDP with 20.7%. Second, it has the second smallest in order of median earnings of less than $10,000 of all the other places in the metro area in terms of earnings between $15,000 and $19,999 at 21.7% of the total. Third, it has the largest proportion of earnings between $75,000 and $99,999 at 5.0% 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 32.7 which is the second smallest in order of average hours of all the other places in the local area. The place with the highest average hours in the area is Mason which depicts an average hours of 43.8 (33.9% 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 $37.56 which is the highest of all places in the greater Cable CDP region. Comparing average hourly earnings to the United States average of $24.31, Cable CDP is 54.5% larger. Also, measured against the state of Wisconsin, average hourly earnings of $24.02, Cable CDP is 56.4% larger.

Figure 7 examines the number of self employed people in the Cable CDP metro area based on the number of people who reported any self employment income. Cable CDP shows it has a Self Employed of 7.4% which is less than most other places in the local area. The place with the highest percentage of people self employed in the area is Mason which depicts a percentage self employed of 20.0% (approximately 2.7 times bigger).

Turning our attention to Figure 8, the median household income by age group, has the percentage of median income-25 to 44 years in the mid range of other places in the local area at $36,500 of the total. Second, it has less than most other places in the surrounding region when ranked by median income-45 to 64 years at $23,529 of the total.

Figure 9 breaks down the source of income and Cable CDP has one of the largest proportions of investment and retirement income at 36.1% of the total and is ranked #2. The only larger place being Grand View CDP with 38.0%.

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 37.9% which is the most of all places in the area.

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 $53,542 of the total and is ranked #2. The only larger place being Little Round Lake CDP with $72,000.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Cable CDP shows it has the hightest cost of 105.5 for the cost of healthcare classification.

Cable CDP Wisconsin 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 disasterous Coronavirus Pandemic the monthly unemployment rate went from 8.9% to 4.3% in March 2020. This represents a decrease in the monthly unemployment rate of 51.7%. Since that time, the monthly unemployment rate has gone to 4.6% This represents an increase in the monthly unemployment rate of 7.0%. 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 shows that from January 2010 to before the disasterous COVID-19 Pandemic the monthly labor force participation went from 14,766 to 14,052 in March 2020. This represents a decrease in the monthly labor force participation of 4.8%. Since that time, the monthly labor force participation has gone to 14,628 This represents an increase in the monthly labor force participation of 4.1%. Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Cable CDP shows it has a Labor Force Participation of 41.3% which is the second smallest when sorted by participation rate of all the other places in the area.

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). Cable CDP has one of the largest proportions of unemployed at 58.7% of the total and is ranked #2. The only larger place being Grand View CDP with 65.5%.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Cable CDP depicts full time employees 45.5% larger 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 Cable CDP area. Cable CDP depicts it has a Single Earner Families of 26.2% which is less than most other places in the local area. The place with the highest families with a single earner in the area is Drummond CDP which depicts a single earners rate of 56.0% (about twice as large). The percentage of families with no one working is depicted in Figure 22. Cable CDP shows it has a Families with No One Working of 33.3% which is the third most families with no one working of all other places in the greater Cable CDP region. The place with the highest families with no one working in the area is Grand View CDP which shows a families with no worker of 85.7% (approximately 2.6 times bigger).

Cable CDP Wisconsin Poverty Charts

The next section details economy analysis about poverty for residents of the Cable CDP 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. Cable CDP shows it has a Total In Poverty of 9 which is the second smallest in terms of total people earning less than the poverty level of all the other places in the local area. The place with the highest total people earning less than the poverty level in the area is Little Round Lake CDP which shows a total people earning less than the poverty level of 592 ( very much bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Cable CDP shows it has a Percent of Population In Poverty of 6.0% which is the second smallest when ranked by percent of people earning less than the poverty level of all the other places in the greater region. The place with the highest percent of people earning less than the poverty level in the area is Little Round Lake CDP which shows a percent of people in poverty of 55.7% ( markedly bigger).

In Figure 25 people who are in poverty are broken out by age group. Cable CDP has the largest proportion of person in poverty 55 to 64 years at 100% 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.) Cable CDP shows it has a Public Assistance Percent of 9.5% which is the smallest in terms of households with public assistance of all the other places in the local area. The place with the highest households with public assistance in the area is Grand View CDP which shows a households with public assistance of 38.0% (approximately 4.0 times bigger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Cable CDP depicts it has a Gini Index of 40.6% which is less than most other places in the area.

Cable CDP Wisconsin Work Commute Charts

Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Cable CDP or elsewhere.) Cable CDP has one of the largest proportions of people who carpooled at 19% of the total and is ranked #3. Only #2 Chief Lake CDP (23%), and #1 Little Round Lake CDP (27%) are larger.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Cable CDP has the largest proportion of people who leave for work between 12am to 5am at 6% of the total and is ranked #1. Second, it has the largest proportion of people who leave for work between 830 am to 9am at 33% 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. Cable CDP has the largest proportion of people with commute time of less than 5 minutesutes at 48% of the total and is ranked #1. Second, it has the second smallest as measured by 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 5 to 9 minutes at 2% of the total. Third, it has the second smallest as measured by people with commute time of less than 5 minutes of all the other places in the metro area in terms of people with commute time between 10 to 14 minutes at 6% of the total. Also, it has the largest proportion of people with commute time between 40 to 44 minutes at 17% of the total and is ranked #1.

The average commute time is shown in Figure 37. Cable CDP depicts it has a Avg Commute Time of 19 which is in the center range of other places in the metro area. Figure 38 shows the difference between male versus female commuting time. Cable CDP shows average commute time in minutes for men approximately three-fourths the size as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Cable CDP has the percentage of no vehicle available the second smallest in terms of no vehicle available of all the other places in the greater region at 18% of the total. Second, it has one of the largest proportions of 1 vehicle available at 56% of the total and is ranked #3. Only #2 Grand View CDP (59%), and #1 Mason (61%) are larger. Third, it has the largest proportion of 2 vehicles available at 26% 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.) Cable CDP depicts it has a Work in city or place where live of 35% which is in the intermediate range of other places in the greater region. The place with the highest people who both work and live in the same city in the area is Hayward which shows a people who both work and live in the same city of 54% (54.5% larger). Comparing people who both work and live in the same city to the United States average of 42%, Cable CDP is about 19.2% smaller. Also, in comparison with the state of Wisconsin, people who both work and live in the same city of 40%, Cable CDP is about 12.8% smaller.

Cable CDP Wisconsin Jobs Charts

The table in Figure 48, shows Cable CDP employment data in terms of job categories and salary data.

Cable CDP 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. Cable CDP shows it has the hightest entrepreneurs of 100% 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. Cable CDP depicts it has the hightest entrepreneurs of 100% for the self employed in finance, insurance, real estate, rental and leasing group.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Cable CDP shows total number of self-employed men 75.0% larger as the total number of self-employed women.