Niagara town-WI Wisconsin Income Charts

This section shows the Niagara town-WI Wisconsin economy using the most recent economic analysis from the 2019 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Niagara town-WI indicates it has a median earnings per worker of $50,324 which is the largest of all places in the greater Niagara town-WI region. Comparing median earnings per worker to the United States average of $47,712, Niagara town-WI is only about 5.5% larger. Also, versus the state of Wisconsin, median earnings per worker of $46,855, Niagara town-WI is 7.4% 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 $65,625 which is the second most median income of all the places in the greater Niagara town-WI region. The city with the highest median household income in the area is Quinnesec CDP which shows a median income of $65,938 ( about the same size). Comparing median household income to the United States average of $60,293, Niagara town-WI is 8.8% larger. Also, compared to the state of Wisconsin, median household income of $59,209, Niagara town-WI is 10.8% larger.

The next section examines a variety of different income statistics for the Niagara town-WI metropolitan area. In Figure 3 we see that it it has the largest proportion of earnings between $10,000 and $14,999 at 10.9% of the total and is ranked #1. Second, it has the smallest proportion of earnings between $20,000 and $49,999 at 28.3% of the total. Third, it has the largest proportion of earnings between $50,000 and $74,999 at 26.5% of the total and is ranked #1. Also, it has one of the largest proportions of earnings of $100,000 more at 4.5% of the total and is ranked #2. The only larger city being Iron Mountain with 6.3%.

Figure 5 has the Average number of hours worked in a typical work week during the year, it has an average hours of 38.2 which is the third most average hours of all other places in the greater Niagara town-WI region. The city with the highest average hours in the area is Pembine CDP which shows an average hours of 45.7 (19.6% larger). Dividing median annual worker earnings by the average number of hours worked in a year in Figure 6 shows that it has an average hourly earnings of $25.33 which is the highest of all places in the greater Niagara town-WI region. Comparing average hourly earnings to the United States average of $23.71, Niagara town-WI is 6.9% larger. Also, benchmarked against the state of Wisconsin, average hourly earnings of $23.34, Niagara town-WI is 8.5% larger.

Figure 7 examines the number of self employed people in the Niagara town-WI metro area based on the number of people who reported any self employment income. Niagara town-WI depicts it has a percentage of people self employed of 6.4% which is less than most other places in the local area. The city with the highest percentage of people self employed in the area is Kingsford which shows a percentage self employed of 10.4% (62.4% 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 $80,750 of the total and is ranked #1. Second, it has one of the largest proportions of median income-45 to 64 years at $71,979 of the total and is ranked #2. The only larger city being Quinnesec CDP with $72,837. Third, it has in the mid point range of other places in the greater region as measured by median income-65 years and over at $30,938 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 households with retirement income of 29.6% which is the second most households with retirement income of all the places in the greater Niagara town-WI region. The city with the highest households with retirement income in the area is Norway which shows a households with retirement income of 37.8% (27.7% 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 $71,333 of the total and is ranked #2. The only larger city being Pembine CDP with $95,625. Second, it has one of the largest proportions of white family income at $71,333 of the total and is ranked #2. The only larger city being Pembine CDP with $75,000.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Niagara town-WI shows it has the hightest cost of 118.6 for the cost of utilities grouping.

Niagara town-WI 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 virus Pandemic the monthly unemployment rate went from 14.1% to 3.2% in December 2019. This represents a decrease in the monthly unemployment rate of 77.3%. Since that time, the monthly unemployment rate has gone to 3.2% This represents an increase in the monthly unemployment rate of very little. 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 January 2010 to before the disasterous COVID-19 Pandemic the monthly labor force participation went from 57,488 to 54,223 in November 2019. This represents a decrease in the monthly labor force participation of 5.7%. Since that time, the monthly labor force participation has gone to 54,223 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 Niagara town-WI shows it has an unemployment rate of 0.8% which is the second smallest in order of unemployment rate of all the other places in the local area. The city with the highest unemployment rate in the area is Quinnesec CDP which shows a rate of 5.2% ( considerably bigger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Niagara town-WI shows it has a participation rate of 60.8% which is the second most of all the places in the metropolitan area.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Niagara town-WI indicates 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 Niagara town-WI area. Niagara town-WI depicts it has a families with a single earner of 24.7% which is the second smallest in order of families with a single earner of all the other places in the surrounding region. The city with the highest families with a single earner in the area is Pembine CDP which depicts a single earners rate of 42.9% (73.6% larger). The percentage of families with no one working is depicted in Figure 22. Niagara town-WI shows it has a families with no one working of 17.2% which is the second smallest as measured by families with no one working of all the other places in the greater region. The city with the highest families with no one working in the area is Quinnesec CDP which depicts a families with no worker of 39.9% (approximately 2.3 times bigger).

Niagara town-WI Wisconsin Poverty Charts

The next section details economy analysis about poverty for residents of the Niagara town-WI 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. Niagara town-WI depicts it has a total people earning less than the poverty level of 59 which is the second smallest in terms of total people earning less than the poverty level of all the other places in the local area. The city with the highest total people earning less than the poverty level in the area is Iron Mountain which shows a total people earning less than the poverty level of 1,003 ( quite a bit bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Niagara town-WI shows it has a percent of people earning less than the poverty level of 7.0% which is the smallest when sorted by percent of people earning less than the poverty level of all the other places in the local area. The city with the highest percent of people earning less than the poverty level in the area is Pembine CDP which shows a percent of people in poverty of 19.4% (approximately 2.8 times bigger).

In Figure 25 people who are in poverty are broken out by age group. Niagara town-WI has the percentage of person in poverty 18 to 34 years the second smallest in order of person in poverty under 12 years of all the other places in the area at 15% of the total. Second, it has less than most other places in the local area in order of person in poverty 35 to 54 years at 3% of the total. Third, it has one of the largest proportions of person in poverty 55 to 64 years at 39% of the total and is ranked #2. The only larger city being Quinnesec CDP with 51%. Also, it has the largest proportion of person in poverty 65+ years at 42% of the total and is ranked #1.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Niagara town-WI has the smallest proportion of white poverty rate at 7% of the total.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Niagara town-WI has the percentage of less than highschool in poverty less than most other places in the metro area at 17% of the total. Second, it has the second smallest as measured by less than highschool in poverty of all the other places in the metropolitan area as measured by has some college and in poverty at 4% of the total. Figure 29 looks at only those people who make less than the poverty level of income and breaks down there employment status. Niagara town-WI has one of the largest proportions of people who are in poverty and not in labor force at 37.3% of the total and is ranked #2. The only larger city being Quinnesec CDP with 48.8%. 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.) Niagara town-WI shows it has a households with public assistance of 4.8% which is the smallest when sorted by households with public assistance of all the other places in the area. The city with the highest households with public assistance in the area is Pembine CDP which shows a households with public assistance of 36.4% ( considerably bigger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Niagara town-WI shows it has a the gini index of 38.9% which is less than most other places in the local area.

Niagara town-WI 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 Niagara town-WI 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.) Niagara town-WI has the smallest proportion of people who drive a car or motorcycle to work at 90% of the total. Second, it has the largest proportion of people who work at home at 9% 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 Niagara town-WI or elsewhere.) Niagara town-WI has the percentage of people who carpooled the second smallest when sorted by people who drove alone of all the other places in the local area at 3% of the total. Second, it has the largest proportion of people who work at home at 9% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Niagara town-WI has one of the largest proportions of people who leave for work between 12am to 5am at 10% of the total and is ranked #3. Only #2 Quinnesec CDP (12%), and #1 Pembine CDP (16%) are larger. Second, it has the smallest proportion of people who leave for work between 7am to 730am at 6% of the total. Third, it has the largest proportion of people who leave for work between 8am to 830am at 9% of the total and is ranked #1. Also, it has the smallest proportion of people who leave for work between 830 am to 9am at 1% of the total.

The next graph in Figure 36 shows the average number of minutes that it takes for people to commute to work. Niagara town-WI has the percentage of people with commute time between 5 to 9 minutes the second smallest when ranked by people with commute time of less than 5 minutes of all the other places in the metro area at 8% of the total. Second, it has in the center range of other places in the metropolitan area as measured by people with commute time between 10 to 14 minutes at 25% of the total. Third, it has the largest proportion of people with commute time between 35 to 39 minutes at 0% of the total and is ranked #1. Also, it has the largest proportion of people with commute time between 40 to 44 minutes at 1% of the total and is ranked #1. In addition, it has less than most other places in the local area in terms of people with commute time of 90 or more minutesutes at 2% of the total.

The average commute time is shown in Figure 37. Niagara town-WI shows it has an average commute time of 19 which is the third most average commute time of all other places in the greater Niagara town-WI region. Figure 38 shows the difference between male versus female commuting time. Niagara town-WI depicts average commute time in minutes for men about twice as large as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Niagara town-WI has the smallest proportion of 1 vehicle available at 7% of the total. Second, it has the largest proportion of 3 vehicles available at 28% of the total and is ranked #1. Third, it has less than most other places in the surrounding region in order of 4 vehicles available at 5% of the total. Also, it has the largest proportion of 5 or more vehicles available at 14% of the total and is ranked #1.

Niagara town-WI 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. Niagara town-WI depicts it has the hightest median earnings of $92,188 for the management, business, and financial occupations group. Similarly, Figure 47 shows the median earnings of women for the job categories and Niagara town-WI shows it has the hightest median earnings of $62,500 for the management, business, and financial occupations classification. The table in Figure 48, shows Niagara town-WI employment data in terms of job categories and salary data.

Niagara town-WI 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. Niagara town-WI depicts it has the hightest entrepreneurs of 45% for the self employed management, business, science, and arts businesses grouping.

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. Niagara town-WI shows it has the hightest entrepreneurs of 52% for the self employed in manufacturing group.

In Figure 51 the average annual self employment/entrepreneur income is shown. Niagara town-WI shows it has an average annual self employment income of $43,428 which is the most of all places in the greater region. Comparing average annual self employment income to the United States average of $37,819, Niagara town-WI is 14.8% larger. Also, measured against the state of Wisconsin, average annual self employment income of $32,970, Niagara town-WI is 31.7% larger.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Niagara town-WI depicts total number of self-employed men 40.9% larger as the total number of self-employed women.