Packwaukee CDP Wisconsin Income Charts

This section shows the Packwaukee 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, Packwaukee CDP shows it has a Median earnings of $62,708 which is at the top of all other places in the greater Packwaukee CDP region. Comparing median earnings per worker to the United States average of $49,041, Packwaukee CDP is 27.9% larger. Also, versus the state of Wisconsin, median earnings per worker of $48,208, Packwaukee CDP is 30.1% 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 $31,250 which is the smallest when ranked by median household income of all the other places in the area. The place with the highest median household income in the area is Endeavor which depicts a median income of $51,250 (64.0% larger). Comparing median household income to the United States average of $62,843, Packwaukee CDP is approximately half the size. Also, measured against the state of Wisconsin, median household income of $61,747, Packwaukee CDP is approximately half the size.

The next section examines a variety of different income statistics for the Packwaukee CDP metropolitan area. In Figure 3 we see that it it has the largest proportion of earnings less than $10,000 at 10.3% of the total and is ranked #1. Second, it has the largest proportion of earnings between $10,000 and $14,999 at 18.7% of the total and is ranked #1. Third, it has the smallest proportion of earnings between $15,000 and $19,999 at 15.0% of the total. Also, it has the largest proportion of earnings between $20,000 and $49,999 at 28.0% of the total and is ranked #1. In addition, it has the largest proportion of earnings between $50,000 and $74,999 at 6.5% 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 34.9 which is the smallest when sorted by average hours of all the other places in the area. The place with the highest average hours in the area is Grand Marsh CDP which depicts an average hours of 43.4 (24.4% 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 $34.55 which is the largest of all places in the greater Packwaukee CDP region. Comparing average hourly earnings to the United States average of $24.31, Packwaukee CDP is 42.2% larger. Also, compared to the state of Wisconsin, average hourly earnings of $24.02, Packwaukee CDP is 43.9% larger.

Figure 7 examines the number of self employed people in the Packwaukee CDP metro area based on the number of people who reported any self employment income. Packwaukee CDP depicts it has a Self Employed of 10.8% which is the second most people self employed of all the places in the greater Packwaukee CDP region. The place with the highest percentage of people self employed in the area is Westfield which depicts a percentage self employed of 12.7% (17.2% larger).

Turning our attention to Figure 8, the median household income by age group, has the percentage of median income-25 to 44 years the second smallest when sorted by median income for those under 25 years of age of all the other places in the local area at $50,000 of the total. Second, it has one of the largest proportions of median income-45 to 64 years at $29,306 of the total and is ranked #3. Only #2 Westfield ($30,357), and #1 Oxford ($40,179) are larger.

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 23.4% which is the second most households with retirement income of all the places in the greater Packwaukee CDP region. The place with the highest households with retirement income in the area is Montello which shows a households with retirement income of 25.9% (10.6% larger).

In the next chart, Figure 12, the median family income is shown for families broken down by racial group and has the smallest proportion of overall family income at $28,750 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. Packwaukee CDP depicts it has the hightest cost of 104.7 for the cost of healthcare grouping.

Packwaukee 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 8.0% to 2.7% in February 2020. This represents a decrease in the monthly unemployment rate of 66.2%. Since that time, the monthly unemployment rate has gone to 4.2% This represents an increase in the monthly unemployment rate of 55.6%. 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 17,671 to 20,162 in February 2020. This represents an increase in the monthly labor force participation of 14.1%. Since that time, the monthly labor force participation has gone to 20,666 This represents an increase in the monthly labor force participation of 2.5%.

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 Packwaukee CDP depicts it has a Unemployment Rate of 1.8% which is the smallest when ranked by unemployment rate of all the other places in the area. The place with the highest unemployment rate in the area is Oxford which depicts a rate of 7.3% (approximately 4.1 times bigger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Packwaukee CDP shows it has a Labor Force Participation of 62.1% which is in the mid point range of 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). Packwaukee CDP has the smallest proportion of employed at 1.8% of the total.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Packwaukee CDP shows full time employees 31.7% larger 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 Packwaukee CDP area. Packwaukee CDP shows it has a Single Earner Families of 58.6% which is the largest of all places in the local area.

Packwaukee CDP Wisconsin Poverty Charts

The next section details economy analysis about poverty for residents of the Packwaukee 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. Packwaukee CDP depicts it has a Total In Poverty of 17 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 place with the highest total people earning less than the poverty level in the area is Portage which depicts a total people earning less than the poverty level of 1,181 ( appreciably bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Packwaukee CDP indicates it has a Percent of Population In Poverty of 9.9% which is less than most other places in the metro area. The place with the highest percent of people earning less than the poverty level in the area is Oxford which depicts a percent of people in poverty of 22.2% (approximately 2.2 times bigger).

In Figure 25 people who are in poverty are broken out by age group. Packwaukee CDP has the largest proportion of person in poverty 18 to 34 years at 41% of the total and is ranked #1. Second, it has the largest proportion of person in poverty 35 to 54 years at 24% of the total and is ranked #1. 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.) Packwaukee CDP depicts it has a Public Assistance Percent of 23.4% which is the second most households with public assistance of all the places in the greater Packwaukee CDP region. The place with the highest households with public assistance in the area is Oxford which depicts a households with public assistance of 30.2% (29.0% larger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Packwaukee CDP depicts it has a Gini Index of 37.2% which is less than most other places in the metro area.

Packwaukee 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 Packwaukee 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.) Packwaukee CDP has the largest proportion of people who drive a car or motorcycle to work at 5% of the total and is ranked #1. Second, it has the largest proportion of people who bicycle or walk to work at 19% 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 Packwaukee CDP or elsewhere.) Packwaukee CDP has the smallest proportion of people who drove alone at 49% of the total. Second, it has the largest proportion of people who carpooled at 18% of the total and is ranked #1. Third, it has the largest proportion of people who take the bus at 5% of the total and is ranked #1. Also, it has the largest proportion of people who took a taxicab, motorcycle or other at 10% of the total and is ranked #1. In addition, it has the largest proportion of people who work from home at 19% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Packwaukee CDP has the smallest proportion of people who leave for work between 630 am to 7am at 4% of the total. Second, it has the largest proportion of people who leave for work between 7am to 730am at 29% of the total and is ranked #1. Third, it has the smallest proportion of people who leave for work between 12noon to 4pm at 4% of the total.

The next graph in Figure 36 shows the average number of minutes that it takes for people to commute to work. Packwaukee CDP has the smallest proportion of people with commute time of less than 5 minutesutes at 2% of the total. Second, it has one of the largest proportions of people with commute time between 5 to 9 minutes at 16% of the total and is ranked #2. The only larger place being Portage with 16%. Third, it has the largest proportion of people with commute time between 15 to 19 minutes at 25% of the total and is ranked #1. Also, it has the smallest proportion of people with commute time between 25 to 29 minutes at 6% of the total. In addition, it has the largest proportion of people with commute time between 40 to 44 minutes at 18% of the total and is ranked #1.

The average commute time is shown in Figure 37. Packwaukee CDP shows it has a Avg Commute Time of 27 which is the third most average commute time of all other places in the greater Packwaukee CDP region. Figure 38 shows the difference between male versus female commuting time. Packwaukee CDP depicts average commute time in minutes for men approximately 3.3 times bigger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Packwaukee CDP has the percentage of no vehicle available less than most other places in the metro area at 19% of the total. Second, it has one of the largest proportions of 1 vehicle available at 45% of the total and is ranked #2. The only larger place being Oxford with 53%. Third, it has one of the largest proportions of 2 vehicles available at 29% of the total and is ranked #2. The only larger place being Endeavor with 36%. Also, it has the smallest proportion of 3 vehicles available at 7% of the total. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Packwaukee CDP shows it has a Work in city or place where live of 19% which is in the mid range of other places in the area. The place with the highest people who both work and live in the same city in the area is Portage which depicts a people who both work and live in the same city of 47% (approximately 2.5 times bigger). Comparing people who both work and live in the same city to the United States average of 42%, Packwaukee CDP is approximately half the size. Also, compared to the state of Wisconsin, people who both work and live in the same city of 40%, Packwaukee CDP is approximately half the size.

Packwaukee 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. Packwaukee CDP shows it has the hightest median earnings of $63,542 for the earnings-production, transportation, material moving occupations grouping. The table in Figure 48, shows Packwaukee CDP employment data in terms of job categories and salary data.