Egg Harbor Wisconsin Income Charts

This section shows the Egg Harbor Wisconsin economy using the most recent economic analysis from the 2020 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Egg Harbor shows it has a Median earnings of $41,250 which is in the center range of other places in the local area. The city with the highest median earnings per worker in the area is Sturgeon Bay which shows a median earnings of $50,467 (22.3% larger). Comparing median earnings per worker to the United States average of $49,041, Egg Harbor is about 18.9% smaller. Also, measured against the state of Wisconsin, median earnings per worker of $48,208, Egg Harbor is about 16.9% 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 $66,250 which is the second most median income of all the places in the greater Egg Harbor region. The city with the highest median household income in the area is Ephraim which depicts a median income of $76,667 (15.7% larger). Comparing median household income to the United States average of $62,843, Egg Harbor is only about 5.4% larger. Also, benchmarked against the state of Wisconsin, median household income of $61,747, Egg Harbor is 7.3% larger.

The next section examines a variety of different income statistics for the Egg Harbor metropolitan area. In Figure 3 we see that it has the percentage of earnings less than $10,000 the second smallest when sorted by median earnings of less than $10,000 of all the other places in the greater region at 4.1% of the total. Second, it has the smallest proportion of earnings between $10,000 and $14,999 at 2.4% of the total. Third, it has the smallest proportion of earnings between $20,000 and $49,999 at 8.9% of the total. Also, it has the largest proportion of earnings between $75,000 and $99,999 at 16.3% 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 41.7 which is the highest of all places in the greater Egg Harbor region. 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 $19.02 which is the smallest when ranked 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 Sturgeon Bay which depicts an average hourly earnings of $24.57 (29.2% larger). Comparing average hourly earnings to the United States average of $24.31, Egg Harbor is approximately three-fourths the size. Also, measured against the state of Wisconsin, average hourly earnings of $24.02, Egg Harbor is approximately three-fourths the size.

Figure 7 examines the number of self employed people in the Egg Harbor metro area based on the number of people who reported any self employment income. Egg Harbor depicts it has a Self Employed of 14.3% which is the second most people self employed of all the places in the greater Egg Harbor region. The city with the highest percentage of people self employed in the area is Baileys Harbor CDP which depicts a percentage self employed of 24.0% (68.3% 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 $60,625 of the total and is ranked #3. Only #2 Sturgeon Bay ($63,681), and #1 Ephraim ($96,750) are larger. Second, it has one of the largest proportions of median income-25 to 44 years at $60,000 of the total and is ranked #3. Only #2 Sturgeon Bay ($71,314), and #1 Ephraim ($73,750) are larger. Third, it has the largest proportion of median income-45 to 64 years at $72,813 of the total and is ranked #1.

Figure 9 breaks down the source of income and Egg Harbor has the largest proportion of self employment income at 50.3% 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 42.1% which is the third most households with retirement income of all other places in the greater Egg Harbor region. The city with the highest households with retirement income in the area is Ephraim which depicts a households with retirement income of 43.1% ( only slightly larger).

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 $82,083 of the total and is ranked #2. The only larger city being Ephraim with $100,139.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Egg Harbor depicts it has the hightest cost of 142.0 for the cost of housing category.

Egg Harbor 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-19 Pandemic the monthly unemployment rate went from 14.1% to 3.8% in February 2020. This represents a decrease in the monthly unemployment rate of 73.0%. Since that time, the monthly unemployment rate has gone to 5.3% This represents an increase in the monthly unemployment rate of 39.5%. 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 shows that from February 2010 to before the Coronavirus Pandemic the monthly labor force participation went from 57,473 to 54,200 in February 2020. This represents a decrease in the monthly labor force participation of 5.7%. Since that time, the monthly labor force participation has gone to 54,834 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 Egg Harbor shows it has a Unemployment Rate of 0.4% which is less than most other places in the metro area. The city with the highest unemployment rate in the area is Sister Bay which shows a rate of 4.0% ( markedly bigger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Egg Harbor depicts it has a Labor Force Participation of 42.3% which is the smallest in order of participation rate of all the other places in the local 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). Egg Harbor has the largest proportion of unemployed at 57.7% 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. Egg Harbor depicts full time employees approximately 3.0 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 Egg Harbor area. Egg Harbor depicts it has a Single Earner Families of 17.4% which is the smallest when sorted by families with a single earner of all the other places in the metropolitan area. The city with the highest families with a single earner in the area is Baileys Harbor CDP which depicts a single earners rate of 36.7% (about twice as large). The percentage of families with no one working is depicted in Figure 22. Egg Harbor depicts it has a Families with No One Working of 41.9% which is more than all other places in the metro area.

Egg Harbor Wisconsin Poverty Charts

The next section details economy analysis about poverty for residents of the Egg Harbor 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. Egg Harbor shows it has a Total In Poverty of 29 which is less than most other places in the metro area. The city with the highest total people earning less than the poverty level in the area is Marinette which depicts a total people earning less than the poverty level of 1,873 ( substantially bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Egg Harbor shows it has a Percent of Population In Poverty of 11.5% which is the third most percent of people earning less than the poverty level of all other places in the greater Egg Harbor region. The city with the highest percent of people earning less than the poverty level in the area is Marinette which depicts a percent of people in poverty of 18.3% (58.9% larger).

In Figure 25 people who are in poverty are broken out by age group. Egg Harbor has the largest proportion of person in poverty 12 to 17 years at 45% of the total and is ranked #1. Second, it has one of the largest proportions of person in poverty 35 to 54 years at 17% of the total and is ranked #2. The only larger city being Sturgeon Bay with 21%. Third, it has the second smallest when ranked by person in poverty under 12 years of all the other places in the metro area in terms of person in poverty 55 to 64 years at 7% of the total.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Egg Harbor has the largest proportion of black poverty rate at 100% 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. Egg Harbor has the largest proportion of people who are in poverty and unemployed at 37.9% 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.) Egg Harbor shows it has a Public Assistance Percent of 5.7% which is less than most other places in the local area. The city with the highest households with public assistance in the area is Marinette which depicts a households with public assistance of 16.8% (approximately 2.9 times bigger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Egg Harbor depicts it has a Gini Index of 57.5% which is the highest of all places in the greater Egg Harbor region.

Egg Harbor Wisconsin Work Commute Charts

The following set of charts detail a variety of metrics that have economic impact, economic grow factors and economic development metrics in the Egg Harbor community and has an impact on other factors such as economic growth, population growth, economic recovery, job growth, etc.. Figure 32 shows a high level view of how the population commutes to work (including the percent of people who work from home.) Egg Harbor has the largest proportion of people who drive a car or motorcycle to work at 2% of the total and is ranked #1. Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Egg Harbor or elsewhere.) Egg Harbor has the percentage of people who drove alone the second smallest in terms of people who drove alone of all the other places in the metro area at 64% of the total. Second, it has the smallest proportion of people who carpooled at 2% of the total. Third, it has the largest proportion of people who take Light rail, streetcar or trolley at 2% of the total and is ranked #1. Also, it has one of the largest proportions of people who walked at 16% of the total and is ranked #2. The only larger city being Ephraim with 17%. In addition, it has one of the largest proportions of people who work from home at 14% of the total and is ranked #2. The only larger city being Ephraim with 15%.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Egg Harbor has the largest proportion of people who leave for work between 630 am to 7am at 17% of the total and is ranked #1. Second, it has the largest proportion of people who leave for work between 8am to 830am at 20% 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. Egg Harbor has the percentage of people with commute time of less than 5 minutesutes the second smallest when sorted by people with commute time of less than 5 minutes of all the other places in the surrounding region at 16% of the total. Second, it has the smallest proportion of people with commute time between 5 to 9 minutes at 13% of the total. Third, it has less than most other places in the metropolitan area when sorted by people with commute time between 10 to 14 minutes at 7% of the total. Also, it has the largest proportion of people with commute time between 20 to 24 minutes at 6% of the total and is ranked #1. In addition, it has the largest proportion of people with commute time between 45 to 59 minutes at 3% of the total and is ranked #1.

The average commute time is shown in Figure 37. Egg Harbor shows it has a Avg Commute Time of 12 which is less than most other places in the local area. Figure 38 shows the difference between male versus female commuting time. Egg Harbor depicts 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 Egg Harbor has the smallest proportion of no vehicle available at 16% of the total. Second, it has one of the largest proportions of 1 vehicle available at 52% of the total and is ranked #2. The only larger city being Sturgeon Bay with 54%. Third, it has the smallest proportion of 2 vehicles available at 5% of the total. Also, it has one of the largest proportions of 4 vehicles available at 11% of the total and is ranked #2. The only larger city being Baileys Harbor CDP with 31%. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Egg Harbor depicts it has a Work in city or place where live of 60% which is the third most people who both work and live in the same city of all other places in the greater Egg Harbor region. The city with the highest people who both work and live in the same city in the area is Sturgeon Bay which shows a people who both work and live in the same city of 76% (26.7% larger). Comparing people who both work and live in the same city to the United States average of 42%, Egg Harbor is 43.4% larger. Also, compared with the state of Wisconsin, people who both work and live in the same city of 40%, Egg Harbor is 51.5% larger.

Egg Harbor 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. Egg Harbor depicts it has the hightest median earnings of $49,375 for the management, business, and financial occupations category. Similarly, Figure 47 shows the median earnings of women for the job categories and Egg Harbor shows it has the hightest median earnings of $70,000 for the management, business, and financial occupations grouping. The table in Figure 48, shows Egg Harbor employment data in terms of job categories and salary data.

Egg Harbor 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. Egg Harbor shows it has the hightest entrepreneurs of 42% for the self employed management, business, science, and arts businesses aggregate.

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. Egg Harbor depicts it has the hightest entrepreneurs of 25% for the self employed in wholesale trade group.

In Figure 51 the average annual self employment/entrepreneur income is shown. Egg Harbor shows it has a Self Employment Income of $32,750 which is the second most average annual self employment income of all the places in the greater Egg Harbor region. The city with the highest average annual self employment income in the area is Ephraim which depicts an average annual self employment income of $41,265 (26.0% larger). Comparing average annual self employment income to the United States average of $39,154, Egg Harbor is about 19.6% smaller. Also, measured against the state of Wisconsin, average annual self employment income of $33,386, Egg Harbor is about the same size.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Egg Harbor depicts total number of self-employed men 7.7% larger as the total number of self-employed women.