Ellison Bay CDP Wisconsin Income Charts

This section shows the Ellison Bay CDP Wisconsin economy using the most recent economic analysis from the 2020 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Ellison Bay CDP shows it has a Median earnings of $69,063 which is more than all other places in the local area. Comparing median earnings per worker to the United States average of $49,041, Ellison Bay CDP is 40.8% larger. Also, in comparison with the state of Wisconsin, median earnings per worker of $48,208, Ellison Bay CDP is 43.3% larger.

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 $80,833 which is the highest of all places in the greater Ellison Bay CDP region. Comparing median household income to the United States average of $62,843, Ellison Bay CDP is 28.6% larger. Also, in comparison with the state of Wisconsin, median household income of $61,747, Ellison Bay CDP is 30.9% larger.

The next section examines a variety of different income statistics for the Ellison Bay CDP metropolitan area. In Figure 3 we see that it has the smallest proportion of earnings less than $10,000 at 2.4% of the total. Second, it has the largest proportion of earnings between $10,000 and $14,999 at 13.0% of the total and is ranked #1. Third, it has the second smallest in order of median earnings of less than $10,000 of all the other places in the metropolitan area when sorted by earnings between $15,000 and $19,999 at 28.5% of the total. Also, it has the largest proportion of earnings between $20,000 and $49,999 at 22.8% of the total and is ranked #1. In addition, it has the largest proportion of earnings between $50,000 and $74,999 at 13.0% 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 40.8 which is the second most average hours of all the places in the greater Ellison Bay CDP region. The place with the highest average hours in the area is Egg Harbor which depicts an average hours of 41.7 ( only slightly 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 $32.55 which is the highest of all places in the greater Ellison Bay CDP region. Comparing average hourly earnings to the United States average of $24.31, Ellison Bay CDP is 33.9% larger. Also, benchmarked against the state of Wisconsin, average hourly earnings of $24.02, Ellison Bay CDP is 35.5% larger.

Figure 7 examines the number of self employed people in the Ellison Bay CDP metro area based on the number of people who reported any self employment income. Ellison Bay CDP shows it has a Self Employed of 44.6% which is the highest of all places in the greater Ellison Bay CDP region.

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 $93,750 of the total and is ranked #2. The only larger place being Ephraim with $96,750. Second, it has the largest proportion of median income-25 to 44 years at $81,429 of the total and is ranked #1. Third, it has one of the largest proportions of median income-45 to 64 years at $70,500 of the total and is ranked #2. The only larger place being Egg Harbor with $72,813.

Figure 9 breaks down the source of income and Ellison Bay CDP has the largest proportion of income from wages at 12.6% of the total and is ranked #1. Second, it has less than most other places in the greater region in order of self employment income at 19.2% of the total. Third, it has the smallest proportion of investment and retirement income at 9.7% 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 29.7% which is less than most other places in the metro area. The place with the highest households with retirement income in the area is Ephraim which shows a households with retirement income of 43.1% (44.8% 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 $81,563 of the total and is ranked #3. Only #2 Egg Harbor ($82,083), and #1 Ephraim ($100,139) are larger.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Ellison Bay CDP depicts it has the hightest cost of 118.6 for the cost of utilities category.

Ellison Bay CDP 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 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 depicts that from February 2010 to before the disasterous COVID-19 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 Ellison Bay CDP depicts it has a Unemployment Rate of 2.6% which is the third most unemployment rate of all other places in the greater Ellison Bay CDP region. The place with the highest unemployment rate in the area is Sister Bay which shows a rate of 4.0% (53.4% larger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Ellison Bay CDP shows it has a Labor Force Participation of 73.0% which is is the uppermost of the places in the greater Ellison Bay CDP 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). Ellison Bay CDP has the smallest proportion of unemployed at 27.0% of the total.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Ellison Bay CDP depicts full time employees about twice as large 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 Ellison Bay CDP area. Ellison Bay CDP shows it has a Single Earner Families of 32.2% which is the third most families with a single earner of all other places in the greater Ellison Bay CDP region. The place with the highest families with a single earner in the area is Baileys Harbor CDP which shows a single earners rate of 36.7% (14.1% larger). The percentage of families with no one working is depicted in Figure 22. Ellison Bay CDP shows it has a Families with No One Working of 8.5% which is the smallest as measured by families with no one working of all the other places in the metro area. The place with the highest families with no one working in the area is Egg Harbor which depicts a families with no worker of 41.9% (approximately 4.9 times bigger).

Ellison Bay CDP Wisconsin Poverty Charts

The next section details economy analysis about poverty for residents of the Ellison Bay CDP 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. Ellison Bay CDP depicts it has a Total In Poverty of 10 which is less than most other places in the metropolitan area. The place with the highest total people earning less than the poverty level in the area is Menominee which depicts a total people earning less than the poverty level of 1,382 ( very much bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Ellison Bay CDP shows it has a Percent of Population In Poverty of 6.9% which is less than most other places in the metropolitan area. The place with the highest percent of people earning less than the poverty level in the area is Stephenson which shows a percent of people in poverty of 20.0% (approximately 2.9 times bigger).

In Figure 25 people who are in poverty are broken out by age group. Ellison Bay CDP has the largest proportion of person in poverty 55 to 64 years at 100% of the total and is ranked #1.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Ellison Bay CDP has one of the largest proportions of has some college and in poverty at 11% of the total and is ranked #2. The only larger place being Stephenson with 12%.

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Ellison Bay CDP depicts it has a Gini Index of 38.2% which is the smallest when sorted by the gini index of all the other places in the greater region.

Ellison Bay CDP Wisconsin Work Commute Charts

Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Ellison Bay CDP or elsewhere.) Ellison Bay CDP has one of the largest proportions of people who drove alone at 79% of the total and is ranked #2. The only larger place being Baileys Harbor CDP with 83%.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Ellison Bay CDP has the largest proportion of people who leave for work between 630 am to 7am at 22% of the total and is ranked #1. Second, it has the largest proportion of people who leave for work between 9am to 10am at 22% 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. Ellison Bay CDP has the smallest proportion of people with commute time of less than 5 minutesutes at 12% of the total. Second, it has the largest proportion of people with commute time between 5 to 9 minutes at 30% of the total and is ranked #1. Third, it has the largest proportion of people with commute time between 10 to 14 minutes at 29% of the total and is ranked #1.

The average commute time is shown in Figure 37. Ellison Bay CDP shows it has a Avg Commute Time of 10 which is the second smallest in terms of average commute time of all the other places in the area. Figure 38 shows the difference between male versus female commuting time. Ellison Bay CDP depicts average commute time in minutes for men only about 2.9% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Ellison Bay CDP has the smallest proportion of no vehicle available at 8% of the total. Second, it has the largest proportion of 1 vehicle available at 67% of the total and is ranked #1. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Ellison Bay CDP depicts it has a Work in city or place where live of 22% which is the smallest when ranked by people who both work and live in the same city of all the other places in the area. The place with the highest people who both work and live in the same city in the area is Egg Harbor which depicts a people who both work and live in the same city of 60% (approximately 2.7 times bigger). Comparing people who both work and live in the same city to the United States average of 42%, Ellison Bay CDP is approximately half the size. Also, measured against the state of Wisconsin, people who both work and live in the same city of 40%, Ellison Bay CDP is approximately half the size.

Ellison Bay CDP Wisconsin Jobs Charts

Similarly, Figure 47 shows the median earnings of women for the job categories and Ellison Bay CDP depicts it has the hightest median earnings of $82,250 for the management, business, and financial occupations aggregate. The table in Figure 48, shows Ellison Bay CDP employment data in terms of job categories and salary data.

Ellison Bay CDP 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. Ellison Bay CDP indicates it has the hightest entrepreneurs of 100% for the self employed in service 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. Ellison Bay CDP depicts it has the hightest entrepreneurs of 100% for the self employed in arts, entertainment, recreation, accommodation and food services group.

In Figure 51 the average annual self employment/entrepreneur income is shown. Ellison Bay CDP indicates it has a Self Employment Income of $24,585 which is the second smallest in terms of average annual self employment income of all the other places in the metro area. The place with the highest average annual self employment income in the area is Ephraim which shows an average annual self employment income of $41,265 (67.8% larger). Comparing average annual self employment income to the United States average of $39,154, Ellison Bay CDP is approximately three-fourths the size. Also, compared to the state of Wisconsin, average annual self employment income of $33,386, Ellison Bay CDP 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.) Ellison Bay CDP depicts total number of self-employed men approximately 2.2 times bigger as the total number of self-employed women.