Chippewa Falls Wisconsin Income Charts

This section shows the Chippewa Falls Wisconsin economy using the most recent economic analysis from the 2020 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Chippewa Falls depicts it has a Median earnings of $38,450 which is the smallest when ranked 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 shows a median earnings of $50,494 (31.3% larger). Comparing median earnings per worker to the United States average of $49,041, Chippewa Falls is approximately three-fourths the size. Also, benchmarked against the state of Wisconsin, median earnings per worker of $48,208, Chippewa Falls is approximately three-fourths the 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 $46,909 which is the second smallest when ranked by median household income of all the other places in the local area. The city with the highest median household income in the area is Lake Wissota CDP which depicts a median income of $72,885 (55.4% larger). Comparing median household income to the United States average of $62,843, Chippewa Falls is approximately three-fourths the size. Also, benchmarked against the state of Wisconsin, median household income of $61,747, Chippewa Falls is approximately three-fourths the size.

Figure 5 has the Average number of hours worked in a typical work week during the year, it has a Avg Hours Worked of 38.8 which is the second smallest as measured by average hours of all the other places in the metropolitan area. The city with the highest average hours in the area is Lake Wissota CDP which depicts an average hours of 41.5 (7.0% 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 $19.06 which is the second smallest as measured by average hourly earnings of all the other places in the greater region. The city with the highest average hourly earnings in the area is Altoona which depicts an average hourly earnings of $24.03 (26.1% larger). Comparing average hourly earnings to the United States average of $24.31, Chippewa Falls is approximately three-fourths the size. Also, compared with the state of Wisconsin, average hourly earnings of $24.02, Chippewa Falls is approximately three-fourths the size.

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 8.3% which is the second smallest as measured by percentage of people self employed of all the other places in the surrounding region. The city with the highest percentage of people self employed in the area is Lake Wissota CDP which shows a percentage self employed of 12.8% (54.6% larger).

Turning our attention to Figure 8, the median household income by age group, has the smallest proportion of median income-under 25 years at $53,867 of the total. Second, it has in the center range of other places in the local area when ranked by median income-25 to 44 years at $62,857 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 surrounding region in terms of median income-45 to 64 years at $32,123 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 21.1% which is the third most households with retirement income of all other places in the greater Chippewa Falls region. The city with the highest households with retirement income in the area is Seymour CDP which shows a households with retirement income of 30.0% (42.3% 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 as measured by overall family income of all the other places in the greater region at $63,112 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. Chippewa Falls shows it has the hightest cost of 105.5 for the cost of healthcare group.

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 depicts that from February 2010 to before the disasterous Covid-19 virus Pandemic the monthly unemployment rate went from 9.0% to 3.2% in February 2020. This represents a decrease in the monthly unemployment rate of 64.4%. Since that time, the monthly unemployment rate has gone to 4.5% This represents an increase in the monthly unemployment rate of 40.6%. 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 February 2010 to before the disasterous COVID Pandemic the monthly labor force participation went from 39,078 to 39,719 in February 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 39,937 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 Chippewa Falls depicts it has a Unemployment Rate of 3.7% which is more than all other places in the greater Chippewa Falls region. Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Chippewa Falls shows it has a Labor Force Participation of 61.9% which is the second smallest when sorted by participation rate of all the other places in the greater region.

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). Chippewa Falls has the largest proportion of employed at 3.7% of the total and is ranked #1.

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 4.0 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 shows it has a Single Earner Families of 26.5% which is the third most of all other places in the greater region. The city with the highest families with a single earner in the area is Jim Falls CDP which depicts a single earners rate of 30.6% (15.7% larger). The percentage of families with no one working is depicted in Figure 22. Chippewa Falls shows it has a Families with No One Working of 16.3% which is less than most other places in the metro area. The city with the highest families with no one working in the area is Lake Wissota CDP which shows a families with no worker of 33.8% (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 depicts it has a Total In Poverty of 1,976 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 shows a total people earning less than the poverty level of 10,688 ( markedly 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 14.8% 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 Eau Claire which depicts a percent of people in poverty of 16.6% (11.8% 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 13% of the total and is ranked #1. Second, it has less than most other places in the surrounding region when sorted by person in poverty 12 to 17 years at 18% of the total. Third, it has in the mid point range of other places in the metro area as measured by person in poverty 55 to 64 years at 11% of the total.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Chippewa Falls has one of the largest proportions of white poverty rate at 2% of the total and is ranked #3. Only #2 Eau Claire (48%), and #1 Lake Hallie (100%) are larger. Second, it has the largest proportion of black poverty rate at 100% of the total and is ranked #1. Third, it has the largest proportion of hawaiian poverty rate at 79% of the total and is ranked #1.

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 53% of the total and is ranked #2. The only larger city being Lake Wissota CDP with 58%. Second, it has one of the largest proportions of unmarried with children and in poverty at 45% of the total and is ranked #2. The only larger city being Lake Wissota CDP with 58%. Third, it has the largest proportion of unmarried female with children and in poverty at 66% 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 5.8% 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 14.7% which is the second most of all the places in the area. The city with the highest households with public assistance in the area is Seymour CDP which depicts a households with public assistance of 16.0% (9.2% 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 41.0% which is the third most of all 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 6am to 630am at 16% 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 15% 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 one of the largest proportions of people with commute time of less than 5 minutesutes at 20% of the total and is ranked #3. Only #2 Eau Claire (20%), and #1 Seymour CDP (22%) are larger. Second, it has in the mid range of other places in the local area when sorted by people with commute time between 5 to 9 minutes at 19% of the total. Third, it has the smallest proportion of people with commute time between 10 to 14 minutes at 13% of the total. Also, it has the largest proportion of people with commute time between 35 to 39 minutes at 1% of the total and is ranked #1.

The average commute time is shown in Figure 37. Chippewa Falls depicts it has a Avg Commute Time of 21 which is in the mid point range of other places in the local area. Figure 38 shows the difference between male versus female commuting time. Chippewa Falls depicts average commute time in minutes for men 52.8% 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 the largest proportion of no vehicle available at 23% of the total and is ranked #1. Second, it has one of the largest proportions of 1 vehicle available at 47% of the total and is ranked #3. Only #2 Altoona (50%), and #1 Lake Hallie (53%) are larger. Third, it has the second smallest in order of no vehicle available of all the other places in the area as measured by 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.) Chippewa Falls depicts it has a Work in city or place where live of 44% 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 indicates a people who both work and live in the same city of 69% (56.3% larger). Comparing people who both work and live in the same city to the United States average of 42%, Chippewa Falls is 6.3% larger. Also, versus the state of Wisconsin, people who both work and live in the same city of 40%, Chippewa Falls is 12.3% 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 depicts it has the hightest median earnings of $70,288 for the earnings-protective service occupations group. Similarly, Figure 47 shows the median earnings of women for the job categories and Chippewa Falls shows it has the hightest median earnings of $63,125 for the earnings-healthcare practitioners and tech occupations grouping. 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 74% 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. Chippewa Falls depicts it has the hightest entrepreneurs of 76% 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 $22,173 which is less than most other places in the area. The city with the highest average annual self employment income in the area is Seymour CDP which depicts an average annual self employment income of $46,848 (about twice as large). Comparing average annual self employment income to the United States average of $39,154, Chippewa Falls is approximately half the size. Also, in comparison with the state of Wisconsin, average annual self employment income of $33,386, Chippewa Falls is approximately three-fourths 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 16.0% larger as the total number of self-employed women.