Superior village-WI Wisconsin Income Charts

This section shows the Superior village-WI Wisconsin economy using the most recent economic analysis from the 2020 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Superior village-WI shows it has a Median earnings of $43,947 which is the second smallest when ranked by median earnings per worker of all the other places in the local area. The city with the highest median earnings per worker in the area is Hermantown which depicts a median earnings of $61,153 (39.2% larger). Comparing median earnings per worker to the United States average of $49,041, Superior village-WI is about 11.6% smaller. Also, in contrast to the state of Wisconsin, median earnings per worker of $48,208, Superior village-WI is about 9.7% 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 $70,357 which is the third most median income of all other places in the greater Superior village-WI region. The city with the highest median household income in the area is Hermantown which shows a median income of $73,865 (only about 5.0% larger). Comparing median household income to the United States average of $62,843, Superior village-WI is 12.0% larger. Also, in comparison with the state of Wisconsin, median household income of $61,747, Superior village-WI is 13.9% larger.

The next section examines a variety of different income statistics for the Superior village-WI metropolitan area. In Figure 3 we see that it it has the largest proportion of earnings less than $10,000 at 11.0% of the total and is ranked #1. Second, it has the largest proportion of earnings between $15,000 and $19,999 at 36.7% 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 38.2 which is the third most average hours of all other places in the greater Superior village-WI region. The city with the highest average hours in the area is Oliver which depicts an average hours of 39.2 (only about 2.6% 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 $22.12 which is the smallest as measured by average hourly earnings of all the other places in the local area. The city with the highest average hourly earnings in the area is Hermantown which depicts an average hourly earnings of $31.87 (44.1% larger). Comparing average hourly earnings to the United States average of $24.31, Superior village-WI is about 9.9% smaller. Also, compared with the state of Wisconsin, average hourly earnings of $24.02, Superior village-WI is about 8.6% smaller.

Figure 7 examines the number of self employed people in the Superior village-WI metro area based on the number of people who reported any self employment income. Superior village-WI shows it has a Self Employed of 6.8% which is the third most people self employed of all other places in the greater Superior village-WI region. The city with the highest percentage of people self employed in the area is Proctor which depicts a percentage self employed of 9.1% (34.1% larger).

Turning our attention to Figure 8, the median household income by age group, has the percentage of median income-under 25 years in the mid point range of other places in the local area at $78,523 of the total. Second, it has one of the largest proportions of median income-25 to 44 years at $91,750 of the total and is ranked #2. The only larger city being Hermantown with $103,235. Third, it has one of the largest proportions of median income-45 to 64 years at $45,417 of the total and is ranked #2. The only larger city being Oliver with $48,750.

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 25.0% which is the third most households with retirement income of all other places in the greater Superior village-WI region. The city with the highest households with retirement income in the area is Esko CDP which depicts a households with retirement income of 29.0% (16.1% 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 less than most other places in the greater region at $77,656 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. Superior village-WI depicts it has the hightest cost of 117.2 for the cost of utilities classification.

Superior village-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 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 depicts that from February 2010 to before the Wuhan Coronavirus 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 Superior village-WI depicts it has a Unemployment Rate of 3.6% which is the highest of all places in the greater Superior village-WI region. Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Superior village-WI depicts it has a Labor Force Participation of 69.2% which is the second most participation rates of all the places in the greater Superior village-WI 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). Superior village-WI has the largest proportion of employed at 3.6% 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. Superior village-WI depicts full time employees approximately 3.1 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 Superior village-WI area. Superior village-WI shows it has a Single Earner Families of 24.5% which is the second most families with a single earner of all the places in the greater Superior village-WI region. The city with the highest families with a single earner in the area is Proctor which depicts a single earners rate of 24.6% ( about the same size). The percentage of families with no one working is depicted in Figure 22. Superior village-WI depicts it has a Families with No One Working of 13.9% which is the second smallest when ranked by families with no one working of all the other places in the metro area. The city with the highest families with no one working in the area is Oliver which depicts a families with no worker of 19.1% (37.3% larger).

Superior village-WI Wisconsin Poverty Charts

The next section details economy analysis about poverty for residents of the Superior village-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. Superior village-WI shows it has a Total In Poverty of 43 which is the second smallest when sorted by total people earning less than the poverty level of all the other places in the greater region. The city with the highest total people earning less than the poverty level in the area is Duluth which depicts a total people earning less than the poverty level of 14,643 ( very much bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Superior village-WI depicts it has a Percent of Population In Poverty of 5.5% which is in the middle range of other places in the greater region. The city with the highest percent of people earning less than the poverty level in the area is Duluth which depicts a percent of people in poverty of 18.2% (approximately 3.3 times bigger).

In Figure 25 people who are in poverty are broken out by age group. Superior village-WI has one of the largest proportions of person in poverty 18 to 34 years at 21% of the total and is ranked #2. The only larger city being Proctor with 22%. Second, it has the smallest proportion of person in poverty 35 to 54 years at 7% of the total. Third, it has the largest proportion of person in poverty 55 to 64 years at 33% of the total and is ranked #1.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Superior village-WI has the largest proportion of white poverty rate at 100% of the total and is ranked #1.

Figure 27 shows key poverty statistics for groups based on marriage status. Superior village-WI has the percentage of married with children and in poverty the second smallest as measured by married with children and in poverty of all the other places in the local area at 5% of the total. Second, it has the second smallest as measured by married with children and in poverty of all the other places in the surrounding region as measured by unmarried with children and in poverty at 10% of the total. Third, it has less than most other places in the greater region when ranked by unmarried female with children and in poverty at 3% 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. Superior village-WI has the smallest proportion of people who are in poverty and unemployed at 4.7% 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.) Superior village-WI depicts it has a Public Assistance Percent of 1.2% which is the second smallest in order of households with public assistance of all the other places in the metro area. The city with the highest households with public assistance in the area is Superior city-WI which shows a households with public assistance of 17.2% ( considerably bigger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Superior village-WI shows it has a Gini Index of 42.2% which is in the middle range of other places in the local area.

Superior village-WI Wisconsin Work Commute Charts

Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Superior village-WI or elsewhere.) Superior village-WI has one of the largest proportions of people who drove alone at 92% of the total and is ranked #2. The only larger city being Esko CDP with 92%. Second, it has the smallest proportion of people who carpooled at 4% of the total.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Superior village-WI has one of the largest proportions of people who leave for work between 12am to 5am at 6% of the total and is ranked #3. Only #2 Oliver (7%), and #1 Esko CDP (11%) are larger. Second, it has the smallest proportion of people who leave for work between 7am to 730am at 9% of the total. Third, it has the largest proportion of people who leave for work between 730 am to 8am at 14% of the total and is ranked #1. Also, it has the largest proportion of people who leave for work between 8am to 830am at 12% of the total and is ranked #1. In addition, it has the smallest proportion of people who leave for work between 9am to 10am at 1% of the total. Furthermore, it has the largest proportion of people who leave for work between 11am to 12noon at 12% 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. Superior village-WI has the largest proportion of people with commute time of less than 5 minutesutes at 21% of the total and is ranked #1. Second, it has one of the largest proportions of people with commute time between 5 to 9 minutes at 20% of the total and is ranked #3. Only #2 Superior city-WI (23%), and #1 Duluth (25%) are larger. Third, it has the smallest proportion of people with commute time between 15 to 19 minutes at 13% of the total. Also, it has the smallest proportion of people with commute time between 45 to 59 minutes at 1% of the total.

The average commute time is shown in Figure 37. Superior village-WI indicates it has a Avg Commute Time of 18 which is less than most other places in the local area. Figure 38 shows the difference between male versus female commuting time. Superior village-WI depicts average commute time in minutes for men about 19.8% smaller as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Superior village-WI has the percentage of no vehicle available less than most other places in the local area at 12% of the total. Second, it has the largest proportion of 1 vehicle available at 53% of the total and is ranked #1. Third, 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.) Superior village-WI indicates it has a Work in city or place where live of 8% which is the second smallest as measured by people who both work and live in the same city of all the other places in the greater region. The city with the highest people who both work and live in the same city in the area is Duluth which shows a people who both work and live in the same city of 76% ( substantially bigger). Comparing people who both work and live in the same city to the United States average of 42%, Superior village-WI is approximately a fifth the size. Also, in comparison with the state of Wisconsin, people who both work and live in the same city of 40%, Superior village-WI is approximately a fifth the size.

Superior village-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. Superior village-WI shows it has the hightest median earnings of $104,167 for the management, business, and financial occupations classification. Similarly, Figure 47 shows the median earnings of women for the job categories and Superior village-WI depicts it has the hightest median earnings of $50,417 for the earnings-healthcare practitioners and tech occupations aggregate. The table in Figure 48, shows Superior village-WI employment data in terms of job categories and salary data.

Superior village-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. Superior village-WI depicts it has the hightest entrepreneurs of 82% for the self employed in sales and office related 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. Superior village-WI shows it has the hightest entrepreneurs of 64% for the self employed in retail trade aggregate.

In Figure 51 the average annual self employment/entrepreneur income is shown. Superior village-WI depicts it has a Self Employment Income of $40,323 which is ranked #1 of all places in the greater Superior village-WI region. Comparing average annual self employment income to the United States average of $39,154, Superior village-WI is only about 3.0% larger. Also, measured against the state of Wisconsin, average annual self employment income of $33,386, Superior village-WI is 20.8% larger.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Superior village-WI depicts total number of self-employed men about the same size as the total number of self-employed women.