Clear Lake town-WI Wisconsin Income Charts

This section shows the Clear Lake town-WI Wisconsin economy using the most recent economic analysis from the 2019 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Clear Lake town-WI depicts it has a median earnings per worker of $46,167 which is the largest of all places in the greater Clear Lake town-WI region. Comparing median earnings per worker to the United States average of $47,712, Clear Lake town-WI is only about 3.3% smaller. Also, compared with the state of Wisconsin, median earnings per worker of $46,855, Clear Lake town-WI is about the same 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 $72,981 which is the largest of all places in the greater Clear Lake town-WI region. Comparing median household income to the United States average of $60,293, Clear Lake town-WI is 21.0% larger. Also, benchmarked against the state of Wisconsin, median household income of $59,209, Clear Lake town-WI is 23.3% larger.

The next section examines a variety of different income statistics for the Clear Lake town-WI metropolitan area. In Figure 3 we see that it has the percentage of earnings less than $10,000 less than most other places in the greater region at 13.4% of the total. Second, it has the smallest proportion of earnings between $10,000 and $14,999 at 4.0% of the total. Third, it has one of the largest proportions of earnings between $50,000 and $74,999 at 33.4% of the total and is ranked #2. The only larger city being Emerald CDP with 33.9%. Also, it has one of the largest proportions of earnings of $100,000 more at 2.8% of the total and is ranked #2. The only larger city being Emerald CDP with 3.6%.

Figure 5 has the Average number of hours worked in a typical work week during the year, it has an average hours of 40.4 which is at the top of all other places in the local area. Dividing median annual worker earnings by the average number of hours worked in a year in Figure 6 shows that it has an average hourly earnings of $21.98 which is the second most average hourly earnings of all the places in the greater Clear Lake town-WI region. The city with the highest average hourly earnings in the area is Amery which depicts an average hourly earnings of $23.21 (only about 5.6% larger). Comparing average hourly earnings to the United States average of $23.71, Clear Lake town-WI is about 7.9% smaller. Also, measured against the state of Wisconsin, average hourly earnings of $23.34, Clear Lake town-WI is about 6.2% smaller.

Figure 7 examines the number of self employed people in the Clear Lake town-WI metro area based on the number of people who reported any self employment income. Clear Lake town-WI depicts it has a percentage of people self employed of 18.8% which is more than all other places in the local area.

Turning our attention to Figure 8, the median household income by age group, it has the largest proportion of median income-25 to 44 years at $72,857 of the total and is ranked #1. Second, it has the largest proportion of median income-45 to 64 years at $79,375 of the total and is ranked #1. Third, it has the largest proportion of median income-65 years and over at $68,333 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 households with retirement income of 16.9% which is in the middle range of other places in the local area. The city with the highest households with retirement income in the area is Emerald CDP which shows a households with retirement income of 25.0% (47.7% larger).

In the next chart, Figure 12, the median family income is shown for families broken down by racial group and it has the largest proportion of overall family income at $77,813 of the total and is ranked #1. Second, it has the largest proportion of white family income at $77,813 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. Clear Lake town-WI shows it has the hightest cost of 105.5 for the cost of healthcare grouping.

Clear Lake town-WI 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 disasterous COVID Pandemic the monthly unemployment rate went from 7.8% to 3.0% in December 2019. This represents a decrease in the monthly unemployment rate of 61.5%. Since that time, the monthly unemployment rate has gone to 3.0% 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. It depicts that from January 2010 to before the disasterous COVID-19 Pandemic the monthly labor force participation went from 15,711 to 16,327 in November 2019. This represents an increase in the monthly labor force participation of 3.9%. Since that time, the monthly labor force participation has gone to 16,327 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 Clear Lake town-WI shows it has an unemployment rate of 2.8% which is the second most of all the places in the surrounding region. The city with the highest unemployment rate in the area is Turtle Lake which depicts a rate of 5.4% (about twice as large). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Clear Lake town-WI shows it has a participation rate of 73.5% which is the second most participation rates of all the places in the greater Clear Lake town-WI 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). Clear Lake town-WI has the percentage of not in labor force the second smallest as measured by employed of all the other places in the greater region at 26.5% of the total.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Clear Lake town-WI shows full time employees approximately 4.4 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 Clear Lake town-WI area. Clear Lake town-WI depicts it has a families with a single earner of 14.9% which is in the mid range of other places in the metro area. The city with the highest families with a single earner in the area is Clayton which depicts a single earners rate of 43.7% (approximately 2.9 times bigger). The percentage of families with no one working is depicted in Figure 22. Clear Lake town-WI shows it has a families with no one working of 14.9% which is the second smallest when ranked by families with no one working of all the other places in the greater region. The city with the highest families with no one working in the area is Amery which shows a families with no worker of 27.5% (about twice as large).

Clear Lake town-WI Wisconsin Poverty Charts

The next section details economy analysis about poverty for residents of the Clear Lake town-WI 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. Clear Lake town-WI shows it has a total people earning less than the poverty level of 40 which is less than most other places in the surrounding region. The city with the highest total people earning less than the poverty level in the area is Clear Lake village-WI which shows a total people earning less than the poverty level of 220 ( markedly bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Clear Lake town-WI depicts it has a percent of people earning less than the poverty level of 4.6% which is the second smallest in terms of percent of people earning less than the poverty level of all the other places in the surrounding region. The city with the highest percent of people earning less than the poverty level in the area is Clear Lake village-WI which shows a percent of people in poverty of 22.3% (approximately 4.8 times bigger).

In Figure 25 people who are in poverty are broken out by age group. Clear Lake town-WI has the largest proportion of person in poverty 12 to 17 years at 12% of the total and is ranked #1. Second, it has the second smallest in order of person in poverty under 12 years of all the other places in the local area when sorted by person in poverty 55 to 64 years at 10% of the total.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Clear Lake town-WI has the percentage of white poverty rate the second smallest when ranked by white poverty rate of all the other places in the metro area at 4% of the total. Second, it has one of the largest proportions of hispanicp poverty rate at 50% of the total and is ranked #2. The only larger city being Amery with 100%.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Clear Lake town-WI has the smallest proportion of highschool graduate and in poverty at 3% of the total. Second, it has less than most other places in the surrounding region as measured by has some college and in poverty at 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.) Clear Lake town-WI depicts it has a households with public assistance of 6.8% which is the smallest in order of households with public assistance of all the other places in the local area. The city with the highest households with public assistance in the area is Clayton which shows a households with public assistance of 26.5% (approximately 3.9 times bigger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Clear Lake town-WI shows it has a the gini index of 33.3% which is the smallest in terms of the gini index of all the other places in the local area.

Clear Lake town-WI Wisconsin Work Commute Charts

In Figure 35 is shown a frequency distribution of the time that people leave for work. Clear Lake town-WI has the largest proportion of people who leave for work between 9am to 10am at 5% of the total and is ranked #1. Second, it has the second smallest when sorted by people who leave for work between 12am to 5am of all the other places in the metropolitan area when sorted by people who leave for work between 4pm to midnight 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. Clear Lake town-WI has the percentage of people with commute time of less than 5 minutesutes less than most other places in the greater region at 5% of the total. Second, it has less than most other places in the area as measured by people with commute time between 5 to 9 minutes at 14% 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 largest proportion of people with commute time between 45 to 59 minutes at 14% of the total and is ranked #1.

The average commute time is shown in Figure 37. Clear Lake town-WI depicts it has an average commute time of 29 which is the third most average commute time of all other places in the greater Clear Lake town-WI region. Figure 38 shows the difference between male versus female commuting time. Clear Lake town-WI shows average commute time in minutes for men 46.1% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Clear Lake town-WI has the smallest proportion of 1 vehicle available at 10% of the total. Second, it has the smallest proportion of 2 vehicles available at 30% of the total. Third, it has in the mid range of other places in the local area when ranked by 3 vehicles available at 27% of the total. Also, it has one of the largest proportions of 4 vehicles available at 12% of the total and is ranked #2. The only larger city being Emerald CDP with 18%. In addition, it has the largest proportion of 5 or more vehicles available at 20% of the total and is ranked #1.

Clear Lake town-WI 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. Clear Lake town-WI shows it has the hightest median earnings of $76,667 for the earnings-sales and office occupations group. Similarly, Figure 47 shows the median earnings of women for the job categories and Clear Lake town-WI indicates it has the hightest median earnings of $73,750 for the earnings-computer, engineering, and science occupations group. The table in Figure 48, shows Clear Lake town-WI employment data in terms of job categories and salary data.

Clear Lake town-WI 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. Clear Lake town-WI shows it has the hightest entrepreneurs of 30% for the self employed in production, transportation, and material moving 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. Clear Lake town-WI shows it has the hightest entrepreneurs of 37% for the self employed in construction group.

In Figure 51 the average annual self employment/entrepreneur income is shown. Clear Lake town-WI shows it has an average annual self employment income of $22,995 which is in the center range of other places in the metropolitan area. The city with the highest average annual self employment income in the area is Emerald CDP which depicts an average annual self employment income of $45,371 (about twice as large). Comparing average annual self employment income to the United States average of $37,819, Clear Lake town-WI is approximately three-fourths the size. Also, versus the state of Wisconsin, average annual self employment income of $32,970, Clear Lake town-WI 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.) Clear Lake town-WI shows total number of self-employed men approximately 3.8 times bigger as the total number of self-employed women.