Humbird CDP Wisconsin Income Charts

This section shows the Humbird 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, Humbird CDP shows it has a Median earnings of $36,250 which is the second smallest when ranked by median earnings per worker of all the other places in the metro area. The place with the highest median earnings per worker in the area is Hatfield CDP which depicts a median earnings of $42,625 (17.6% larger). Comparing median earnings per worker to the United States average of $49,041, Humbird CDP is approximately three-fourths the size. Also, measured against the state of Wisconsin, median earnings per worker of $48,208, Humbird 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 $58,214 which is the largest of all places in the greater region. Comparing median household income to the United States average of $62,843, Humbird CDP is about 8.0% smaller. Also, versus the state of Wisconsin, median household income of $61,747, Humbird CDP is about 6.1% smaller.

The next section examines a variety of different income statistics for the Humbird CDP metropolitan area. In Figure 3 we see that it it has the largest proportion of earnings less than $10,000 at 10.7% 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 37.0 which is less than most other places in the local area. The place with the highest average hours in the area is Hatfield CDP which depicts an average hours of 41.3 (11.6% 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 $18.84 which is less than most other places in the greater region. The place with the highest average hourly earnings in the area is Fairchild which depicts an average hourly earnings of $20.63 (9.5% larger). Comparing average hourly earnings to the United States average of $24.31, Humbird CDP is approximately three-fourths the size. Also, benchmarked against the state of Wisconsin, average hourly earnings of $24.02, Humbird CDP is approximately three-fourths the size.

Figure 7 examines the number of self employed people in the Humbird CDP metro area based on the number of people who reported any self employment income. Humbird CDP depicts it has a Self Employed of 12.5% which is the highest of all places in the greater Humbird 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 $59,167 of the total and is ranked #3. Only #2 Alma Center ($63,250), and #1 Hixton ($64,375) are larger. Second, it has in the center range of other places in the local area as measured by median income-25 to 44 years at $60,268 of the total. Third, it has the largest proportion of median income-45 to 64 years at $46,250 of the total and is ranked #1.

Figure 9 breaks down the source of income and Humbird CDP has the largest proportion of income from wages at 6.2% of the total and is ranked #1. Second, it has the smallest proportion of self employment income at 7.4% of the total. Third, it has the smallest proportion of investment and retirement income at 8.2% 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 17.0% which is less than most other places in the local area. The place with the highest households with retirement income in the area is Hatfield CDP which depicts a households with retirement income of 33.7% (about twice as large).

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 metro area at $54,545 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. Humbird CDP depicts it has the hightest cost of 105.5 for the cost of healthcare aggregate.

Humbird 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 Coronavirus Pandemic the monthly unemployment rate went from 9.0% to 3.2% in February 2020. This represents a decrease in the monthly unemployment rate of 64.4%. Since that time, the monthly unemployment rate has gone to 4.0% This represents an increase in the monthly unemployment rate of 25.0%. 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 Wuhan Coronavirus/COVID Pandemic the monthly labor force participation went from 39,078 to 39,719 in February 2020. This represents an increase in the monthly labor force participation of very little. Since that time, the monthly labor force participation has gone to 40,094 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 Humbird CDP depicts it has a Unemployment Rate of 1.8% which is less than most other places in the surrounding region. The place with the highest unemployment rate in the area is Fairchild which shows a rate of 6.9% (approximately 3.9 times bigger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Humbird CDP shows it has a Labor Force Participation of 77.0% which is the largest of all places in the greater Humbird 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). Humbird CDP has the smallest proportion of unemployed at 23.0% of the total.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Humbird CDP shows full time employees approximately 2.6 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 Humbird CDP area. Humbird CDP depicts it has a Single Earner Families of 40.4% which is the highest of all places in the greater Humbird CDP region. The percentage of families with no one working is depicted in Figure 22. Humbird CDP shows it has a Families with No One Working of 8.5% which is the smallest when ranked by families with no one working of all the other places in the surrounding region. The place with the highest families with no one working in the area is Hatfield CDP which shows a families with no worker of 28.6% (approximately 3.4 times bigger).

Humbird CDP Wisconsin Poverty Charts

The next section details economy analysis about poverty for residents of the Humbird 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. Humbird CDP shows it has a Total In Poverty of 40 which is less than most other places in the local area. The place with the highest total people earning less than the poverty level in the area is Fairchild which depicts a total people earning less than the poverty level of 207 ( appreciably bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Humbird CDP depicts it has a Percent of Population In Poverty of 13.9% which is the second most of all the places in the metro area. The place with the highest percent of people earning less than the poverty level in the area is Fairchild which depicts a percent of people in poverty of 35.8% (approximately 2.6 times bigger).

In Figure 25 people who are in poverty are broken out by age group. Humbird CDP has the percentage of person in poverty 12 to 17 years less than most other places in the metro area at 18% of the total. Second, it has one of the largest proportions of person in poverty 18 to 34 years at 22% of the total and is ranked #3. Only #2 Merrillan (23%), and #1 Augusta (27%) are larger. Third, it has the second smallest when ranked by person in poverty under 12 years of all the other places in the local area as measured by person in poverty 35 to 54 years at 5% of the total.

Figure 27 shows key poverty statistics for groups based on marriage status. Humbird CDP has one of the largest proportions of married with children and in poverty at 47% of the total and is ranked #3. Only #2 Hixton (60%), and #1 Fairchild (65%) are larger. Second, it has one of the largest proportions of unmarried with children and in poverty at 47% of the total and is ranked #3. Only #2 Hixton (60%), and #1 Fairchild (82%) are larger.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Humbird CDP has the smallest proportion of less than highschool in poverty at 5% 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.) Humbird CDP depicts it has a Public Assistance Percent of 18.8% which is less than most other places in the local area. The place with the highest households with public assistance in the area is Fairchild which depicts a households with public assistance of 31.6% (68.3% larger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Humbird CDP depicts it has a Gini Index of 26.4% which is the smallest when sorted by the gini index of all the other places in the greater region.

Humbird 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 Humbird 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.) Humbird CDP has the smallest proportion of people who bicycle or walk to work at 1% of the total. Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Humbird CDP or elsewhere.) Humbird CDP has the smallest proportion of people who work from home at 1% of the total.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Humbird CDP has the percentage of people who leave for work between 5am to 530am the second smallest when ranked by people who leave for work between 12am to 5am of all the other places in the greater region at 6% of the total. Second, it has the largest proportion of people who leave for work between 12noon to 4pm at 15% 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. Humbird CDP has one of the largest proportions of people with commute time between 5 to 9 minutes at 8% of the total and is ranked #3. Only #2 Hixton (11%), and #1 Merrillan (12%) are larger. Second, it has the smallest proportion of people with commute time between 10 to 14 minutes at 7% of the total. Third, it has the largest proportion of people with commute time between 20 to 24 minutes at 12% of the total and is ranked #1. Also, it has the largest proportion of people with commute time between 25 to 29 minutes at 31% of the total and is ranked #1.

The average commute time is shown in Figure 37. Humbird CDP depicts it has a Avg Commute Time of 25 which is the third most average commute time of all other places in the greater Humbird CDP region. Figure 38 shows the difference between male versus female commuting time. Humbird CDP shows average commute time in minutes for men 11.7% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Humbird CDP has the percentage of 1 vehicle available in the middle range of other places in the greater region at 30% of the total. Second, it has the largest proportion of 4 vehicles available at 9% 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.) Humbird CDP depicts it has a Work in city or place where live of 4% which is the smallest when ranked by people who both work and live in the same city of all the other places in the greater region. The place with the highest people who both work and live in the same city in the area is Augusta which depicts a people who both work and live in the same city of 35% ( very much bigger). Comparing people who both work and live in the same city to the United States average of 42%, Humbird CDP is approximately a tenth the size. Also, measured against the state of Wisconsin, people who both work and live in the same city of 40%, Humbird CDP is approximately a tenth the size.

Humbird CDP 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. Humbird CDP depicts it has the hightest median earnings of $57,917 for the earnings-natural resources, construction, maintenance occupations classification. Similarly, Figure 47 shows the median earnings of women for the job categories and Humbird CDP shows it has the hightest median earnings of $24,375 for the earnings-sales and office occupations classification. The table in Figure 48, shows Humbird CDP employment data in terms of job categories and salary data.

Humbird CDP Wisconsin Self Employment Charts

In Figure 51 the average annual self employment/entrepreneur income is shown. Humbird CDP depicts it has a Self Employment Income of $27,814 which is the third most average annual self employment income of all other places in the greater Humbird CDP region. The place with the highest average annual self employment income in the area is Hatfield CDP which depicts an average annual self employment income of $37,788 (35.9% larger). Comparing average annual self employment income to the United States average of $39,154, Humbird CDP is approximately three-fourths the size. Also, in comparison with the state of Wisconsin, average annual self employment income of $33,386, Humbird CDP is about 20.0% smaller.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Humbird CDP depicts total number of self-employed men markedly bigger as the total number of self-employed women.