Chippewa Falls Wisconsin Income Charts

This section shows the Chippewa Falls Wisconsin economy using the most recent economic analysis from the 2021 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Chippewa Falls depicts it has a Median earnings of $41,590 which is the second smallest when sorted by median earnings per worker of all the other places in the greater region. The city with the highest median earnings per worker in the area is Lake Wissota CDP which indicates a median earnings of $57,599 (38.5% larger). Comparing median earnings per worker to the United States average of $50,459, Chippewa Falls is about 21.3% smaller. Also, in contrast to the state of Wisconsin, median earnings per worker of $49,517, Chippewa Falls is about 19.1% 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 $54,917 which is the second smallest when ranked by median household income of all the other places in the greater region. The city with the highest median household income in the area is Lake Wissota CDP which shows a median income of $96,065 (74.9% larger). Comparing median household income to the United States average of $64,994, Chippewa Falls is about 18.3% smaller. Also, compared to the state of Wisconsin, median household income of $63,293, Chippewa Falls is about 15.3% smaller.

The next section examines a variety of different income statistics for the Chippewa Falls metropolitan area. In Figure 3 we see that it has the smallest proportion of earnings between $75,000 and $99,999 at 3.0% of the total.

Figure 5 has the Average number of hours worked in a typical work week during the year, it has a Avg Hours Worked of 38.2 which is the second smallest when ranked by average hours of all the other places in the local area. The city with the highest average hours in the area is Jim Falls CDP which depicts an average hours of 44.5 (16.5% 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 $20.94 which is the second smallest when sorted by average hourly earnings of all the other places in the local area. The city with the highest average hourly earnings in the area is Lake Wissota CDP which depicts an average hourly earnings of $27.49 (31.3% larger). Comparing average hourly earnings to the United States average of $25.01, Chippewa Falls is about 19.4% smaller. Also, in contrast to the state of Wisconsin, average hourly earnings of $24.67, Chippewa Falls is about 17.8% smaller.

Figure 7 examines the number of self employed people in the Chippewa Falls metro area based on the number of people who reported any self employment income. Chippewa Falls depicts it has a Self Employed of 9.7% which is in the center range of other places in the local area. The city with the highest percentage of people self employed in the area is Lake Wissota CDP which shows a percentage self employed of 16.5% (70.8% larger).

Turning our attention to Figure 8, the median household income by age group, has the percentage of median income-under 25 years the second smallest when ranked by median income for those under 25 years of age of all the other places in the metropolitan area at $56,719 of the total. Second, it has in the center range of other places in the area in order of median income-25 to 44 years at $69,700 of the total. Third, it has the second smallest in terms of median income for those under 25 years of age of all the other places in the local area as measured by median income-45 to 64 years at $36,813 of the total.

Figure 9 breaks down the source of income and Chippewa Falls has the largest proportion of social security at 0.9% of the total and is ranked #1.

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 24.5% which is less than most other places in the local area. The city with the highest households with retirement income in the area is Altoona which shows a households with retirement income of 27.8% (13.4% 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 the second smallest in order of overall family income of all the other places in the metropolitan area at $62,118 of the total. Second, it has one of the largest proportions of american indian family income at $61,675 of the total and is ranked #2. The only larger city being Eau Claire with $97,945.

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

Chippewa Falls 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 shows that from February 2010 to before the Coronavirus Pandemic the monthly unemployment rate went from 9.0% to 2.6% in February 2020. This represents a decrease in the monthly unemployment rate of 71.1%. Since that time, the monthly unemployment rate has gone to 2.9% This represents an increase in the monthly unemployment rate of 11.5%. 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 indicates that from February 2010 to before the disasterous COVID-19 Pandemic the monthly labor force participation went from 39,078 to 39,418 in March 2020. This represents an increase in the monthly labor force participation of very little. Since that time, the monthly labor force participation has gone to 40,245 This represents an increase in the monthly labor force participation of 2.1%.

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 Chippewa Falls shows it has a Unemployment Rate of 2.6% which is less than most other places in the surrounding region. The city with the highest unemployment rate in the area is Jim Falls CDP which shows a rate of 6.9% (approximately 2.6 times bigger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Chippewa Falls indicates it has a Labor Force Participation of 62.4% which is in the mid point range of other places in the local area.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Chippewa Falls depicts full time employees approximately 3.6 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 Chippewa Falls area. Chippewa Falls depicts it has a Single Earner Families of 23.4% which is the third most families with a single earner of all other places in the greater Chippewa Falls region. The city with the highest families with a single earner in the area is Altoona which depicts a single earners rate of 35.9% (53.2% larger). The percentage of families with no one working is depicted in Figure 22. Chippewa Falls depicts it has a Families with No One Working of 18.6% which is the third most of all other places in the metropolitan area. The city with the highest families with no one working in the area is Lake Wissota CDP which depicts a families with no worker of 37.5% (about twice as large).

Chippewa Falls Wisconsin Poverty Charts

The next section details economy analysis about poverty for residents of the Chippewa 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. Chippewa Falls shows it has a Total In Poverty of 2,002 which is the second most total people earning less than the poverty level of all the places in the greater Chippewa Falls region. The city with the highest total people earning less than the poverty level in the area is Eau Claire which depicts a total people earning less than the poverty level of 10,084 ( considerably bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Chippewa Falls shows it has a Percent of Population In Poverty of 15.0% which is the third most percent of people earning less than the poverty level of all other places in the greater Chippewa Falls region. The city with the highest percent of people earning less than the poverty level in the area is Jim Falls CDP which depicts a percent of people in poverty of 15.9% (6.4% larger).

In Figure 25 people who are in poverty are broken out by age group. Chippewa Falls has the largest proportion of person in poverty under 12 years at 14% of the total and is ranked #1. Second, it has less than most other places in the area in order of person in poverty 12 to 17 years at 16% of the total. Third, it has the second smallest as measured by person in poverty under 12 years of all the other places in the local area when ranked by person in poverty 55 to 64 years at 6% of the total.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Chippewa Falls has the largest proportion of black poverty rate at 100% of the total and is ranked #1. Second, it has one of the largest proportions of hawaiian poverty rate at 43% of the total and is ranked #2. The only larger city being Altoona with 68%.

Figure 27 shows key poverty statistics for groups based on marriage status. Chippewa Falls has one of the largest proportions of married with children and in poverty at 45% of the total and is ranked #3. Only #2 Altoona (51%), and #1 Lake Wissota CDP (60%) are larger. Second, it has one of the largest proportions of unmarried with children and in poverty at 41% of the total and is ranked #3. Only #2 Altoona (59%), and #1 Lake Wissota CDP (60%) are larger. Third, it has the largest proportion of unmarried female with children and in poverty at 53% 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. Chippewa Falls has the largest proportion of people who are in poverty and employed at 4.4% 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.) Chippewa Falls depicts it has a Public Assistance Percent of 13.7% which is the second most households with public assistance of all the places in the greater Chippewa Falls region. The city with the highest households with public assistance in the area is Altoona which shows a households with public assistance of 15.1% (9.8% larger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Chippewa Falls shows it has a Gini Index of 38.9% which is in the mid range of other places in the metro area.

Chippewa Falls Wisconsin Work Commute Charts

In Figure 35 is shown a frequency distribution of the time that people leave for work. Chippewa Falls has the largest proportion of people who leave for work between 630 am to 7am at 16% of the total and is ranked #1. Second, it has the largest proportion of people who leave for work between 8am to 830am at 7% 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. Chippewa Falls has the largest proportion of people with commute time of less than 5 minutesutes at 22% of the total and is ranked #1. Second, it has the second smallest when sorted by people with commute time of less than 5 minutes of all the other places in the local area in order of people with commute time between 5 to 9 minutes at 16% of the total. Third, it has the smallest proportion of people with commute time between 10 to 14 minutes at 15% of the total. Also, it has the largest proportion of people with commute time between 20 to 24 minutes at 7% of the total and is ranked #1. In addition, it has the largest proportion of people with commute time between 35 to 39 minutes at 2% of the total and is ranked #1.

The average commute time is shown in Figure 37. Chippewa Falls shows it has a Avg Commute Time of 19 which is the third most of all other places in the surrounding region. Figure 38 shows the difference between male versus female commuting time. Chippewa Falls depicts average commute time in minutes for men 61.1% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Chippewa Falls has one of the largest proportions of no vehicle available at 22% of the total and is ranked #2. The only larger city being Altoona with 26%. Second, it has one of the largest proportions of 1 vehicle available at 48% of the total and is ranked #3. Only #2 Lake Hallie (49%), and #1 Jim Falls CDP (56%) are larger. Third, it has the smallest proportion of 2 vehicles available at 17% of the total. Also, it has less than most other places in the local area as measured by 3 vehicles available at 6% of the total. In addition, it has one of the largest proportions of 4 vehicles available at 5% of the total and is ranked #3. Only #2 Seymour CDP (6%), and #1 Lake Wissota CDP (6%) are larger. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Chippewa Falls shows it has a Work in city or place where live of 45% which is the second most people who both work and live in the same city of all the places in the greater Chippewa Falls region. The city with the highest people who both work and live in the same city in the area is Eau Claire which shows a people who both work and live in the same city of 70% (55.6% larger). Comparing people who both work and live in the same city to the United States average of 43%, Chippewa Falls is only about 5.7% larger. Also, in comparison with the state of Wisconsin, people who both work and live in the same city of 40%, Chippewa Falls is 12.2% larger.

Chippewa 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. Chippewa Falls shows it has the hightest median earnings of $70,625 for the earnings-protective service occupations category. Similarly, Figure 47 shows the median earnings of women for the job categories and Chippewa Falls depicts it has the hightest median earnings of $87,604 for the earnings-healthcare practitioners and tech occupations classification. The table in Figure 48, shows Chippewa Falls employment data in terms of job categories and salary data.

Chippewa 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. Chippewa Falls shows 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. Chippewa Falls shows it has the hightest entrepreneurs of 67% for the self employed in professional, scientific, management, administrative services group.

In Figure 51 the average annual self employment/entrepreneur income is shown. Chippewa Falls depicts it has a Self Employment Income of $11,677 which is the second smallest as measured by average annual self employment income of all the other places in the local area. The city with the highest average annual self employment income in the area is Lake Wissota CDP which indicates an average annual self employment income of $107,438 ( appreciably bigger). Comparing average annual self employment income to the United States average of $40,101, Chippewa Falls is approximately a third the size. Also, compared with the state of Wisconsin, average annual self employment income of $33,875, Chippewa Falls is approximately a third the size.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Chippewa Falls depicts total number of self-employed men about 24.8% smaller as the total number of self-employed women.