Knowlton CDP Wisconsin Income Charts

This section shows the Knowlton 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, Knowlton CDP depicts it has a Median earnings of $41,389 which is less than most other places in the greater region. The place with the highest median earnings per worker in the area is Kronenwetter which depicts a median earnings of $49,117 (18.7% larger). Comparing median earnings per worker to the United States average of $49,041, Knowlton CDP is about 18.5% smaller. Also, versus the state of Wisconsin, median earnings per worker of $48,208, Knowlton CDP is about 16.5% 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 in the middle range of other places in the local area. The place with the highest median household income in the area is Kronenwetter which depicts a median income of $84,435 (27.4% larger). Comparing median household income to the United States average of $62,843, Knowlton CDP is only about 5.4% larger. Also, in comparison with the state of Wisconsin, median household income of $61,747, Knowlton CDP is 7.3% larger.

The next section examines a variety of different income statistics for the Knowlton CDP metropolitan area. In Figure 3 we see that it it has the largest proportion of earnings less than $10,000 at 8.7% of the total and is ranked #1. Second, it has the largest proportion of earnings between $10,000 and $14,999 at 8.7% of the total and is ranked #1. Third, it has the largest proportion of earnings between $15,000 and $19,999 at 44.9% of the total and is ranked #1. Also, it has the smallest proportion of earnings between $20,000 and $49,999 at 18.8% of the total. 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 40.1 which is the second most average hours of all the places in the greater Knowlton CDP region. The place with the highest average hours in the area is Junction City which depicts an average hours of 40.5 ( 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 $19.85 which is less than most other places in the greater region. The place with the highest average hourly earnings in the area is Kronenwetter which indicates an average hourly earnings of $23.61 (19.0% larger). Comparing average hourly earnings to the United States average of $24.31, Knowlton CDP is about 22.5% smaller. Also, compared to the state of Wisconsin, average hourly earnings of $24.02, Knowlton CDP is about 21.0% smaller.

Figure 7 examines the number of self employed people in the Knowlton CDP metro area based on the number of people who reported any self employment income. Knowlton CDP shows it has a Self Employed of 15.6% which is the second most people self employed of all the places in the greater Knowlton CDP region. The place with the highest percentage of people self employed in the area is Milladore which shows a percentage self employed of 16.0% ( only slightly larger).

Turning our attention to Figure 8, the median household income by age group, it has the largest proportion of median income-25 to 44 years at $93,281 of the total and is ranked #1. Second, it has the largest proportion of median income-45 to 64 years at $83,750 of the total and is ranked #1.

Figure 9 breaks down the source of income and Knowlton CDP has the largest proportion of self employment income at 22.6% 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 20.3% which is in the center range of other places in the greater region. The place with the highest households with retirement income in the area is Mosinee which shows a households with retirement income of 25.2% (24.3% larger).

In the next chart, Figure 12, the median family income is shown for families broken down by racial group and it has the largest proportion of overall family income at $92,656 of the total and is ranked #1.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Knowlton CDP shows it has the hightest cost of 101.3 for the cost of healthcare classification.

Knowlton 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 shows that from February 2010 to before the disasterous Covid-19 virus Pandemic the monthly unemployment rate went from 11.5% to 3.5% in February 2020. This represents a decrease in the monthly unemployment rate of 69.6%. Since that time, the monthly unemployment rate has gone to 4.2% This represents an increase in the monthly unemployment rate of 20.0%. 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 disasterous Coronavirus Pandemic the monthly labor force participation went from 15,850 to 14,231 in February 2020. This represents a decrease in the monthly labor force participation of 10.2%. Since that time, the monthly labor force participation has gone to 13,680 This represents a decrease in the monthly labor force participation of 3.9%. Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Knowlton CDP depicts it has a Labor Force Participation of 61.1% which is the smallest when sorted by participation rate of all the other places in the 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). Knowlton CDP has the largest proportion of unemployed at 38.9% 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. Knowlton CDP depicts full time employees substantially 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 Knowlton CDP area. Knowlton CDP depicts it has a Single Earner Families of 20.0% which is less than most other places in the metro area. The place with the highest families with a single earner in the area is Kronenwetter which shows a single earners rate of 24.0% (19.9% larger). The percentage of families with no one working is depicted in Figure 22. Knowlton CDP depicts it has a Families with No One Working of 35.6% which is more than all other places in the greater Knowlton CDP region.

Knowlton CDP Wisconsin Poverty Charts

The next section details economy analysis about poverty for residents of the Knowlton 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. Knowlton CDP shows it has a Total In Poverty of 6 which is the smallest in order of total people earning less than the poverty level of all the other places in the surrounding region. The place with the highest total people earning less than the poverty level in the area is Weston which depicts a total people earning less than the poverty level of 1,189 ( markedly bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Knowlton CDP depicts it has a Percent of Population In Poverty of 4.9% which is the second smallest in terms of percent of people earning less than the poverty level of all the other places in the local area. The place with the highest percent of people earning less than the poverty level in the area is Junction City which depicts a percent of people in poverty of 21.6% (approximately 4.4 times bigger).

In Figure 25 people who are in poverty are broken out by age group. Knowlton CDP has the largest proportion of person in poverty 35 to 54 years at 50% of the total and is ranked #1. Second, it has the largest proportion of person in poverty 55 to 64 years at 50% of the total and is ranked #1.

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Knowlton CDP depicts it has a Gini Index of 28.9% which is the smallest in terms of the gini index of all the other places in the area.

Knowlton 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 Knowlton 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.) Knowlton CDP has the largest proportion of people who drive a car or motorcycle to work at 4% of the total and is ranked #1. Second, it has the largest proportion of people who bicycle or walk to work at 12% 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 Knowlton CDP or elsewhere.) Knowlton CDP has the largest proportion of people who take the bus at 4% of the total and is ranked #1. Second, it has the largest proportion of people who work from home at 12% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Knowlton CDP has the largest proportion of people who leave for work between 530 am to 6am at 33% of the total and is ranked #1. Second, it has the largest proportion of people who leave for work between 7am to 730am at 23% of the total and is ranked #1. Third, it has the largest proportion of people who leave for work between 830 am to 9am at 5% of the total and is ranked #1. Also, it has the smallest proportion of people who leave for work between 11am to 12noon at 5% of the total.

The next graph in Figure 36 shows the average number of minutes that it takes for people to commute to work. Knowlton CDP has the largest proportion of people with commute time between 5 to 9 minutes at 34% of the total and is ranked #1. Second, it has the second smallest when ranked by people with commute time of less than 5 minutes of all the other places in the local area when ranked by people with commute time between 10 to 14 minutes at 10% of the total. Third, it has the smallest proportion of people with commute time between 15 to 19 minutes at 10% of the total. Also, it has the largest proportion of people with commute time between 20 to 24 minutes at 28% 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 10% of the total and is ranked #1.

The average commute time is shown in Figure 37. Knowlton CDP depicts it has a Avg Commute Time of 22 which is the third most average commute time of all other places in the greater Knowlton CDP region. Figure 38 shows the difference between male versus female commuting time. Knowlton CDP shows average commute time in minutes for men approximately half the size as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Knowlton CDP has the percentage of no vehicle available the second smallest as measured by no vehicle available of all the other places in the area at 7% of the total. Second, it has less than most other places in the metro area in order of 1 vehicle available at 43% of the total. Third, it has the largest proportion of 3 vehicles available at 16% of the total and is ranked #1. Also, 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.) Knowlton CDP indicates it has a Work in city or place where live of 12% which is less than most other places in the metropolitan area. The place with the highest people who both work and live in the same city in the area is Mosinee which shows a people who both work and live in the same city of 31% (approximately 2.7 times bigger). Comparing people who both work and live in the same city to the United States average of 42%, Knowlton CDP is approximately a third the size. Also, in contrast to the state of Wisconsin, people who both work and live in the same city of 40%, Knowlton CDP is approximately a third the size.

Knowlton CDP Wisconsin Jobs Charts

Similarly, Figure 47 shows the median earnings of women for the job categories and Knowlton CDP shows it has the hightest median earnings of $40,556 for the earnings-sales and office occupations aggregate. The table in Figure 48, shows Knowlton CDP employment data in terms of job categories and salary data.

Knowlton 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. Knowlton CDP shows it has the hightest entrepreneurs of 100% for the self employed in production, transportation, and material moving businesses classification.

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. Knowlton CDP shows it has the hightest entrepreneurs of 100% for the self employed in construction grouping.

In Figure 51 the average annual self employment/entrepreneur income is shown. Knowlton CDP shows it has a Self Employment Income of $19,430 which is in the mid point range of other places in the area. The place with the highest average annual self employment income in the area is Weston which depicts an average annual self employment income of $47,208 (approximately 2.4 times bigger). Comparing average annual self employment income to the United States average of $39,154, Knowlton CDP is approximately half the size. Also, compared to the state of Wisconsin, average annual self employment income of $33,386, Knowlton CDP is approximately half the size.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Knowlton CDP shows total number of self-employed men approximately three-fourths the size as the total number of self-employed women.