Grand View CDP Wisconsin Income Charts

This section shows the Grand View 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, Grand View CDP depicts it has a Median earnings of $31,250 which is the second smallest when ranked by median earnings per worker of all the other places in the local area. The place with the highest median earnings per worker in the area is Cable CDP which depicts a median earnings of $63,875 (about twice as large). Comparing median earnings per worker to the United States average of $49,041, Grand View CDP is approximately three-fourths the size. Also, benchmarked against the state of Wisconsin, median earnings per worker of $48,208, Grand View CDP 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 $28,929 which is the second smallest as measured by median household income of all the other places in the metro area. The place with the highest median household income in the area is Marengo CDP which depicts a median income of $51,875 (79.3% larger). Comparing median household income to the United States average of $62,843, Grand View CDP is approximately half the size. Also, in contrast to the state of Wisconsin, median household income of $61,747, Grand View CDP is approximately half the size.

The next section examines a variety of different income statistics for the Grand View CDP metropolitan area. In Figure 3 we see that it it has the largest proportion of earnings less than $10,000 at 27.6% of the total and is ranked #1. Second, it has the largest proportion of earnings between $10,000 and $14,999 at 20.7% of the total and is ranked #1. Third, it has the smallest proportion of earnings between $15,000 and $19,999 at 20.7% of the total. Also, it has the largest proportion of earnings between $50,000 and $74,999 at 6.9% 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 31.2 which is the smallest as measured by average hours of all the other places in the local area. The place with the highest average hours in the area is Mason which shows an average hours of 43.8 (40.4% 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 $19.26 which is in the mid point range of other places in the metropolitan area. The place with the highest average hourly earnings in the area is Cable CDP which shows an average hourly earnings of $37.56 (about twice as large). Comparing average hourly earnings to the United States average of $24.31, Grand View CDP is approximately three-fourths the size. Also, compared with the state of Wisconsin, average hourly earnings of $24.02, Grand View CDP is about 24.7% smaller.

Figure 7 examines the number of self employed people in the Grand View CDP metro area based on the number of people who reported any self employment income. Grand View CDP depicts it has a Self Employed of 18.0% which is the second most people self employed of all the places in the greater Grand View CDP region. The place with the highest percentage of people self employed in the area is Mason which depicts a percentage self employed of 20.0% (11.1% larger).

Figure 9 breaks down the source of income and Grand View CDP has the largest proportion of investment and retirement income at 38.0% 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 32.0% which is the third most households with retirement income of all other places in the greater Grand View CDP region. The place with the highest households with retirement income in the area is Marengo CDP which shows a households with retirement income of 40.6% (27.0% 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 in the mid point range of other places in the local area at $47,917 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. Grand View CDP depicts it has the hightest cost of 105.5 for the cost of healthcare aggregate.

Grand View 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 Coronavirus Pandemic the monthly unemployment rate went from 9.2% to 4.5% in February 2020. This represents a decrease in the monthly unemployment rate of 51.1%. Since that time, the monthly unemployment rate has gone to 5.9% This represents an increase in the monthly unemployment rate of 31.1%. 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-19 Pandemic the monthly labor force participation went from 14,963 to 14,358 in February 2020. This represents a decrease in the monthly labor force participation of 4.0%. Since that time, the monthly labor force participation has gone to 14,400 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 Grand View CDP depicts it has a Unemployment Rate of 8.3% which is ranked #1 of all places in the greater Grand View CDP region. Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Grand View CDP shows it has a Labor Force Participation of 34.5% which is the smallest when ranked 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). Grand View CDP has the largest proportion of employed at 8.3% of the total and is ranked #1. Second, it has the largest proportion of unemployed at 65.5% 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. Grand View CDP depicts full time employees approximately half the size as the part time employees.

The percentage of families with no one working is depicted in Figure 22. Grand View CDP depicts it has a Families with No One Working of 85.7% which is the highest of all places in the greater Grand View CDP region.

Grand View CDP Wisconsin Poverty Charts

The next section details economy analysis about poverty for residents of the Grand View 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. Grand View CDP shows it has a Total In Poverty of 28 which is the third most of all other places in the surrounding region. The place with the highest total people earning less than the poverty level in the area is Ashland which shows a total people earning less than the poverty level of 1,486 ( markedly bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Grand View CDP depicts it has a Percent of Population In Poverty of 31.1% which is ranked #1 of all places in the local area.

In Figure 25 people who are in poverty are broken out by age group. Grand View CDP has one of the largest proportions of person in poverty under 12 years at 11% of the total and is ranked #3. Only #2 Iron River CDP (27%), and #1 Marengo CDP (100%) are larger. Second, it has one of the largest proportions of person in poverty 12 to 17 years at 25% of the total and is ranked #3. Only #2 Ashland (25%), and #1 Mason (75%) are larger. Third, it has the largest proportion of person in poverty 18 to 34 years at 29% of the total and is ranked #1. Also, it has in the mid range of other places in the local area in order of person in poverty 55 to 64 years at 21% of the total.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Grand View CDP has the largest proportion of black poverty rate at 54% 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. Grand View CDP has the largest proportion of highschool graduate and in poverty at 47% of the total and is ranked #1. Second, it has the largest proportion of has some college and in poverty at 29% 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. Grand View CDP has one of the largest proportions of people who are in poverty and employed at 25.0% of the total and is ranked #2. The only larger place being Mason with 75.0%. 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.) Grand View CDP depicts it has a Public Assistance Percent of 38.0% which is the largest of all places in the greater Grand View CDP region.

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Grand View CDP depicts it has a Gini Index of 37.3% which is less than most other places in the metropolitan area.

Grand View CDP 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 Grand View CDP 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.) Grand View CDP has the largest proportion of people who bicycle or walk to work at 18% 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 Grand View CDP or elsewhere.) Grand View CDP has the smallest proportion of people who drove alone at 64% of the total. Second, it has one of the largest proportions of people who walked at 14% of the total and is ranked #2. The only larger place being Ashland with 15%. Third, it has the largest proportion of people who work from home at 18% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Grand View CDP has the largest proportion of people who leave for work between 6am to 630am at 17% 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 22% of the total and is ranked #1. Third, it has the largest proportion of people who leave for work between 730 am to 8am at 11% 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. Grand View CDP has the percentage of people with commute time of less than 5 minutesutes less than most other places in the local area at 17% of the total. Second, it has the largest proportion of people with commute time between 10 to 14 minutes at 44% of the total and is ranked #1. Third, it has the largest proportion of people with commute time between 25 to 29 minutes at 28% of the total and is ranked #1.

The average commute time is shown in Figure 37. Grand View CDP shows it has a Avg Commute Time of 20 which is the third most of all other places in the greater region. Figure 38 shows the difference between male versus female commuting time. Grand View CDP 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 Grand View CDP has one of the largest proportions of no vehicle available at 23% of the total and is ranked #2. The only larger place being Drummond CDP with 46%. Second, it has one of the largest proportions of 1 vehicle available at 59% of the total and is ranked #2. The only larger place being Mason with 61%. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Grand View CDP depicts it has a Work in city or place where live of 41% which is the third most of all other places in the metro area. The place with the highest people who both work and live in the same city in the area is Ashland which depicts a people who both work and live in the same city of 78% (about twice as large). Comparing people who both work and live in the same city to the United States average of 42%, Grand View CDP is only about 2.2% smaller. Also, compared to the state of Wisconsin, people who both work and live in the same city of 40%, Grand View CDP is only about 3.3% larger.

Grand View CDP Wisconsin Jobs Charts

The table in Figure 48, shows Grand View CDP employment data in terms of job categories and salary data.