Clear Lake Wisconsin Income Charts

This section shows the Clear Lake Wisconsin economy using the most recent economic analysis from the 2020 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Clear Lake depicts it has a Median earnings of $40,114 which is the second smallest as measured 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 Emerald CDP which shows a median earnings of $46,250 (15.3% larger). Comparing median earnings per worker to the United States average of $49,041, Clear Lake is about 22.3% smaller. Also, in comparison with the state of Wisconsin, median earnings per worker of $48,208, Clear Lake is about 20.2% 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 $47,054 which is in the center range of other places in the local area. The city with the highest median household income in the area is Amery which depicts a median income of $55,764 (18.5% larger). Comparing median household income to the United States average of $62,843, Clear Lake is approximately three-fourths the size. Also, in contrast to the state of Wisconsin, median household income of $61,747, Clear Lake is approximately three-fourths the size.

The next section examines a variety of different income statistics for the Clear Lake 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 surrounding region at 6.8% of the total. Second, it has the second smallest in terms of median earnings of less than $10,000 of all the other places in the metropolitan area when sorted by earnings between $10,000 and $14,999 at 5.4% 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 39.1 which is the second most average hours of all the places in the greater Clear Lake region. The city with the highest average hours in the area is Glenwood City which depicts an average hours of 39.3 ( about the same size). 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 $19.73 which is the second smallest as measured 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 Emerald CDP which depicts an average hourly earnings of $23.85 (20.9% larger). Comparing average hourly earnings to the United States average of $24.31, Clear Lake is about 23.2% smaller. Also, benchmarked against the state of Wisconsin, average hourly earnings of $24.02, Clear Lake is about 21.7% smaller.

Figure 7 examines the number of self employed people in the Clear Lake metro area based on the number of people who reported any self employment income. Clear Lake shows it has a Self Employed of 12.6% which is the second most people self employed of all the places in the greater Clear Lake region. The city with the highest percentage of people self employed in the area is Emerald CDP which shows a percentage self employed of 20.8% (64.9% larger).

Turning our attention to Figure 8, the median household income by age group, it has one of the largest proportions of median income-under 25 years at $53,333 of the total and is ranked #3. Only #2 Amery ($60,750), and #1 Deer Park ($64,750) are larger. Second, it has in the mid range of other places in the metro area in terms of median income-25 to 44 years at $55,764 of the total. Third, it has one of the largest proportions of median income-45 to 64 years at $32,083 of the total and is ranked #2. The only larger city being Clayton with $35,000.

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 21.2% which is the second most of all the places in the area. The city with the highest households with retirement income in the area is Emerald CDP which depicts a households with retirement income of 29.2% (37.6% 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 less than most other places in the local area at $56,786 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. Clear Lake depicts it has the hightest cost of 112.2 for the cost of miscellaneous items grouping.

Clear Lake 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 2006 to before the Coronavirus Pandemic the monthly unemployment rate went from 4.7% to 4.4% in March 2020. This represents a decrease in the monthly unemployment rate of 6.4%. Since that time, the monthly unemployment rate has gone to 5.8% This represents an increase in the monthly unemployment rate of 31.8%. 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 February 2010 to before the disasterous COVID Pandemic the monthly labor force participation went from 12,657 to 13,717 in February 2020. This represents an increase in the monthly labor force participation of 8.4%. Since that time, the monthly labor force participation has gone to 13,168 This represents a decrease in the monthly labor force participation of 4.0%.

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 shows it has a Unemployment Rate of 2.6% which is in the mid range of other places in the metro area. The city with the highest unemployment rate in the area is Glenwood City which depicts a rate of 3.5% (32.5% larger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Clear Lake depicts it has a Labor Force Participation of 65.4% which is the second most participation rates of all the places in the greater Clear Lake region.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Clear Lake indicates full time employees approximately 3.5 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 area. Clear Lake depicts it has a Single Earner Families of 14.6% which is the smallest in order of families with a single earner of all the other places in the metro area. The city with the highest families with a single earner in the area is Clayton which shows a single earners rate of 42.1% (approximately 2.9 times bigger). The percentage of families with no one working is depicted in Figure 22. Clear Lake depicts it has a Families with No One Working of 24.5% 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 Amery which depicts a families with no worker of 28.2% (15.3% larger).

Clear Lake Wisconsin Poverty Charts

The next section details economy analysis about poverty for residents of the Clear Lake 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 depicts it has a Total In Poverty of 251 which is more than all other places in the greater Clear Lake region.

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Clear Lake shows it has a Percent of Population In Poverty of 23.4% which is the most of all places in the greater Clear Lake region.

In Figure 25 people who are in poverty are broken out by age group. Clear Lake has one of the largest proportions of person in poverty 12 to 17 years at 29% of the total and is ranked #2. The only larger city being Clayton with 47%. Second, it has the smallest proportion of person in poverty 35 to 54 years at 11% of the total. Third, it has in the center range of other places in the greater region in terms of person in poverty 55 to 64 years at 6% of the total.

Figure 27 shows key poverty statistics for groups based on marriage status. Clear Lake has the largest proportion of married with children and in poverty at 63% of the total and is ranked #1. Second, it has one of the largest proportions of unmarried with children and in poverty at 84% of the total and is ranked #2. The only larger city being Deer Park 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 has one of the largest proportions of less than highschool in poverty at 19% of the total and is ranked #2. The only larger city being Clayton with 19%. Second, it has one of the largest proportions of highschool graduate and in poverty at 16% of the total and is ranked #2. The only larger city being Turtle Lake with 20%. Third, it has the largest proportion of has some college and in poverty at 15% 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.) Clear Lake shows it has a Public Assistance Percent of 12.8% which is the smallest as measured by households with public assistance of all the other places in the metro area. The city with the highest households with public assistance in the area is Turtle Lake which depicts a households with public assistance of 25.1% (about twice as large).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Clear Lake depicts it has a Gini Index of 38.4% which is in the mid range of other places in the metro area.

Clear Lake Wisconsin Work Commute Charts

Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Clear Lake or elsewhere.) Clear Lake has the largest proportion of people who carpooled at 11% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Clear Lake has the smallest proportion of people who leave for work between 530 am to 6am at 5% of the total. Second, it has the largest proportion of people who leave for work between 11am to 12noon at 15% of the total and is ranked #1. Third, it has the largest proportion of people who leave for work between 12noon to 4pm 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. Clear Lake has the percentage of people with commute time of less than 5 minutesutes in the mid range of other places in the local area at 19% of the total. Second, it has the largest proportion of people with commute time between 5 to 9 minutes at 18% of the total and is ranked #1.

The average commute time is shown in Figure 37. Clear Lake depicts it has a Avg Commute Time of 19 which is the smallest in terms of average commute time of all the other places in the local area. Figure 38 shows the difference between male versus female commuting time. Clear Lake depicts average commute time in minutes for men 7.4% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Clear Lake has the percentage of no vehicle available less than most other places in the area at 17% of the total. Second, it has one of the largest proportions of 4 vehicles available at 5% of the total and is ranked #2. The only larger city being Glenwood City with 5%. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Clear Lake depicts it has a Work in city or place where live of 38% which is the third most people who both work and live in the same city of all other places in the greater Clear Lake region. The city with the highest people who both work and live in the same city in the area is Amery which shows a people who both work and live in the same city of 40% (6.2% larger). Comparing people who both work and live in the same city to the United States average of 42%, Clear Lake is about 11.5% smaller. Also, measured against the state of Wisconsin, people who both work and live in the same city of 40%, Clear Lake is about 5.5% smaller.

Clear Lake 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 shows it has the hightest median earnings of $60,000 for the earnings-natural resources, construction, maintenance occupations grouping. Similarly, Figure 47 shows the median earnings of women for the job categories and Clear Lake depicts it has the hightest median earnings of $46,250 for the management, business, and financial occupations group. The table in Figure 48, shows Clear Lake employment data in terms of job categories and salary data.

Clear Lake 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 depicts it has the hightest entrepreneurs of 41% 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. Clear Lake indicates it has the hightest entrepreneurs of 24% for the self employed in construction aggregate.

In Figure 51 the average annual self employment/entrepreneur income is shown. Clear Lake depicts it has a Self Employment Income of $36,034 which is the second most average annual self employment income of all the places in the greater Clear Lake region. The city with the highest average annual self employment income in the area is Amery which depicts an average annual self employment income of $43,424 (20.5% larger). Comparing average annual self employment income to the United States average of $39,154, Clear Lake is about 8.7% smaller. Also, versus the state of Wisconsin, average annual self employment income of $33,386, Clear Lake is 7.9% larger.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Clear Lake depicts total number of self-employed men 3 times bigger as the total number of self-employed women.