Tomah town-WI Wisconsin Income Charts

This section shows the Tomah town-WI Wisconsin economy using the most recent economic analysis from the 2021 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Tomah town-WI depicts it has a Median earnings of $51,176 which is the largest of all places in the local area. Comparing median earnings per worker to the United States average of $50,459, Tomah town-WI is only slightly larger. Also, benchmarked against the state of Wisconsin, median earnings per worker of $49,517, Tomah town-WI is only about 3.4% 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 $62,054 which is the third most of all other places in the metro area. The city with the highest median household income in the area is Oakdale which depicts a median income of $83,250 (34.2% larger). Comparing median household income to the United States average of $64,994, Tomah town-WI is only about 4.7% smaller. Also, benchmarked against the state of Wisconsin, median household income of $63,293, Tomah town-WI is about the same size.

The next section examines a variety of different income statistics for the Tomah town-WI metropolitan area. In Figure 3 we see that it it has the largest proportion of earnings between $50,000 and $74,999 at 10.3% 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 39.6 which is in the mid range of other places in the surrounding region. The city with the highest average hours in the area is Norwalk which depicts an average hours of 44.1 (11.4% 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 $24.85 which is the highest of all places in the area. Comparing average hourly earnings to the United States average of $25.01, Tomah town-WI is about the same size. Also, measured against the state of Wisconsin, average hourly earnings of $24.67, Tomah town-WI is about the same size.

Figure 7 examines the number of self employed people in the Tomah town-WI metro area based on the number of people who reported any self employment income. Tomah town-WI shows it has a Self Employed of 12.4% which is the second most people self employed of all the places in the greater Tomah town-WI region. The city with the highest percentage of people self employed in the area is Tunnel City CDP which depicts a percentage self employed of 14.8% (19.2% larger).

Turning our attention to Figure 8, the median household income by age group, it has the largest proportion of median income-under 25 years at $81,563 of the total and is ranked #1. Second, it has one of the largest proportions of median income-25 to 44 years at $63,583 of the total and is ranked #3. Only #2 Wilton ($65,000), and #1 Wyeville ($68,750) are larger. Third, it has one of the largest proportions of median income-45 to 64 years at $45,417 of the total and is ranked #3. Only #2 Tunnel City CDP ($50,625), and #1 Oakdale ($135,789) are larger.

Figure 9 breaks down the source of income and Tomah town-WI has the largest proportion of income from wages at 3.1% 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 28.5% which is the second smallest in terms of households with retirement income of all the other places in the metro area. The city with the highest households with retirement income in the area is Oakdale which shows a households with retirement income of 47.7% (67.1% 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 $72,500 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. Tomah town-WI depicts it has the hightest cost of 103.6 for the cost of healthcare grouping.

Tomah 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 January 2010 to before the Coronavirus Pandemic the monthly unemployment rate went from 9.2% to 2.8% in March 2020. This represents a decrease in the monthly unemployment rate of 69.6%. Since that time, the monthly unemployment rate has gone to 1.6% This represents a decrease in the monthly unemployment rate of 42.9%. 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 January 2010 to before the disasterous COVID-19 Pandemic the monthly labor force participation went from 29,381 to 28,431 in March 2020. This represents a decrease in the monthly labor force participation of 3.2%. Since that time, the monthly labor force participation has gone to 29,280 This represents an increase in the monthly labor force participation of 3.0%.

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 Tomah town-WI depicts it has a Unemployment Rate of 1.0% which is less than most other places in the local area. The city with the highest unemployment rate in the area is Tunnel City CDP which depicts a rate of 5.3% ( very much bigger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Tomah town-WI shows it has a Labor Force Participation of 63.5% which is the second smallest when sorted by participation rate of all the other places in the area.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Tomah town-WI depicts full time employees approximately 3.2 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 Tomah town-WI area. Tomah town-WI depicts it has a Single Earner Families of 22.5% which is less than most other places in the area. The city with the highest families with a single earner in the area is Oakdale which depicts a single earners rate of 46.2% (about twice as large). The percentage of families with no one working is depicted in Figure 22. Tomah town-WI shows it has a Families with No One Working of 21.1% which is the third most families with no one working of all other places in the greater Tomah town-WI region. The city with the highest families with no one working in the area is Wyeville which depicts a families with no worker of 26.9% (27.7% larger).

Tomah town-WI Wisconsin Poverty Charts

The next section details economy analysis about poverty for residents of the Tomah 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. Tomah town-WI shows it has a Total In Poverty of 130 which is the third most total people earning less than the poverty level of all other places in the greater Tomah town-WI region. The city with the highest total people earning less than the poverty level in the area is Tomah city-WI which depicts a total people earning less than the poverty level of 612 (approximately 4.7 times bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Tomah town-WI depicts it has a Percent of Population In Poverty of 8.5% which is in the middle range of other places in the metropolitan area. The city with the highest percent of people earning less than the poverty level in the area is Norwalk which shows a percent of people in poverty of 29.7% (approximately 3.5 times bigger).

In Figure 25 people who are in poverty are broken out by age group. Tomah town-WI has one of the largest proportions of person in poverty under 12 years at 32% of the total and is ranked #2. The only larger city being Wyeville with 38%. Second, it has one of the largest proportions of person in poverty 12 to 17 years at 32% of the total and is ranked #2. The only larger city being Tunnel City CDP with 44%. Third, it has the second smallest in order of person in poverty under 12 years of all the other places in the greater region in order of person in poverty 35 to 54 years at 2% of the total.

Figure 27 shows key poverty statistics for groups based on marriage status. Tomah town-WI has one of the largest proportions of married with children and in poverty at 22% of the total and is ranked #3. Only #2 Oakdale (67%), and #1 Wilton (86%) are larger. Second, it has one of the largest proportions of unmarried with children and in poverty at 38% of the total and is ranked #2. The only larger city being Wilton with 91%.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Tomah town-WI has the smallest proportion of less than highschool in poverty at 1% 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. Tomah town-WI has the largest proportion of people who are in poverty and unemployed at 26.9% 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.) Tomah town-WI shows it has a Public Assistance Percent of 3.8% which is the second smallest when sorted by households with public assistance of all the other places in the local area. The city with the highest households with public assistance in the area is Wyeville which shows a households with public assistance of 21.6% ( very much bigger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Tomah town-WI depicts it has a Gini Index of 39.6% which is the third most the gini index of all other places in the greater Tomah town-WI region.

Tomah 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 Tomah 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.) Tomah town-WI has the largest proportion of people who drive a car or motorcycle to work at 1% 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 Tomah town-WI or elsewhere.) Tomah town-WI has the largest proportion of people who take the bus at 1% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Tomah town-WI has the percentage of people who leave for work between 12am to 5am in the mid range of other places in the surrounding region at 5% of the total. Second, it has the smallest proportion of people who leave for work between 530 am to 6am at 5% of the total. Third, it has the largest proportion of people who leave for work between 630 am to 7am at 24% 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. Tomah town-WI has the percentage of people with commute time of less than 5 minutesutes the second smallest as measured by people with commute time of less than 5 minutes of all the other places in the greater region at 10% of the total. Second, it has one of the largest proportions of people with commute time between 10 to 14 minutes at 31% of the total and is ranked #3. Only #2 Tunnel City CDP (33%), and #1 Wyeville (34%) are larger. Third, it has the smallest proportion of people with commute time between 25 to 29 minutes at 4% of the total.

The average commute time is shown in Figure 37. Tomah town-WI depicts it has a Avg Commute Time of 21 which is the third most average commute time of all other places in the greater Tomah town-WI region. Figure 38 shows the difference between male versus female commuting time. Tomah town-WI shows 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 Tomah town-WI has the percentage of no vehicle available the second smallest when ranked by no vehicle available of all the other places in the local area at 11% of the total. Second, it has the largest proportion of 1 vehicle available at 44% of the total and is ranked #1.

Tomah 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. Tomah town-WI shows it has the hightest median earnings of $92,188 for the earnings-healthcare practitioners and tech occupations classification. Similarly, Figure 47 shows the median earnings of women for the job categories and Tomah town-WI depicts it has the hightest median earnings of $103,015 for the earnings-healthcare practitioners and tech occupations classification. The table in Figure 48, shows Tomah town-WI employment data in terms of job categories and salary data.

Tomah 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. Tomah town-WI depicts it has the hightest entrepreneurs of 56% for the self employed in sales and office related businesses category.

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. Tomah town-WI shows it has the hightest entrepreneurs of 44% for the self employed in construction category.

In Figure 51 the average annual self employment/entrepreneur income is shown. Tomah town-WI shows it has a Self Employment Income of $20,363 which is the third most average annual self employment income of all other places in the greater Tomah town-WI region. The city with the highest average annual self employment income in the area is Wilton which depicts an average annual self employment income of $24,150 (18.6% larger). Comparing average annual self employment income to the United States average of $40,101, Tomah town-WI is approximately half the size. Also, in comparison with the state of Wisconsin, average annual self employment income of $33,875, Tomah town-WI is approximately three-fourths the size.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Tomah town-WI shows total number of self-employed men about twice as large as the total number of self-employed women.