Townsend CDP Wisconsin Income Charts

This section shows the Townsend CDP Wisconsin economy using the most recent economic analysis from the 2021 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Townsend CDP depicts it has a Median earnings of $30,714 which is less than most other places in the metro area. The place with the highest median earnings per worker in the area is Mountain CDP which shows a median earnings of $43,929 (43.0% larger). Comparing median earnings per worker to the United States average of $50,459, Townsend CDP is approximately three-fourths the size. Also, measured against the state of Wisconsin, median earnings per worker of $49,517, Townsend CDP is approximately three-fourths the size.

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 $57,708 which is more than all other places in the greater Townsend CDP region. Comparing median household income to the United States average of $64,994, Townsend CDP is about 12.6% smaller. Also, measured against the state of Wisconsin, median household income of $63,293, Townsend CDP is about 9.7% smaller.

The next section examines a variety of different income statistics for the Townsend CDP metropolitan area. In Figure 3 we see that it it has one of the largest proportions of earnings less than $10,000 at 7.1% of the total and is ranked #3. Only #2 Mountain CDP (13.1%), and #1 Wabeno CDP (19.3%) are larger. Second, it has the largest proportion of earnings between $15,000 and $19,999 at 85.7% of the total and is ranked #1. Third, it has the largest proportion of earnings between $75,000 and $99,999 at 7.1% 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 49.0 which is the largest of all places in the surrounding region. 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 $12.05 which is the smallest as measured by average hourly earnings of all the other places in the local area. The place with the highest average hourly earnings in the area is Mountain CDP which shows an average hourly earnings of $22.11 (about twice as large). Comparing average hourly earnings to the United States average of $25.01, Townsend CDP is approximately half the size. Also, versus the state of Wisconsin, average hourly earnings of $24.67, Townsend CDP is approximately half the size.

Figure 7 examines the number of self employed people in the Townsend CDP metro area based on the number of people who reported any self employment income. Townsend CDP depicts it has a Self Employed of 15.3% which is the second most people self employed of all the places in the greater Townsend CDP region. The place with the highest percentage of people self employed in the area is Lakewood CDP which shows a percentage self employed of 22.9% (50.4% 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 $76,429 of the total and is ranked #1. Second, it has one of the largest proportions of median income-45 to 64 years at $35,313 of the total and is ranked #2. The only larger place being White Lake with $43,250.

Figure 9 breaks down the source of income and Townsend CDP has the largest proportion of self employment income at 34.5% 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 44.1% which is the largest of all places in the local area.

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 $59,028 of the total and is ranked #2. The only larger place being Mole Lake CDP with $60,750.

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

Townsend 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 January 2010 to before the disasterous COVID-19 Pandemic the monthly unemployment rate went from 13.6% to 3.6% in March 2020. This represents a decrease in the monthly unemployment rate of 73.5%. Since that time, the monthly unemployment rate has gone to 1.9% This represents a decrease in the monthly unemployment rate of 47.2%. 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 Wuhan virus Pandemic the monthly labor force participation went from 57,488 to 52,407 in March 2020. This represents a decrease in the monthly labor force participation of 8.8%. Since that time, the monthly labor force participation has gone to 54,212 This represents an increase in the monthly labor force participation of 3.4%. Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Townsend CDP shows it has a Labor Force Participation of 40.0% which is the second smallest in terms of participation rate of all the other places in the metro 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). Townsend CDP has one of the largest proportions of unemployed at 60.0% of the total and is ranked #2. The only larger place being Mountain CDP with 61.8%.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Townsend CDP depicts full time employees very much 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 Townsend CDP area. Townsend CDP depicts it has a Single Earner Families of 12.5% which is the smallest when ranked by families with a single earner of all the other places in the local area. The place with the highest families with a single earner in the area is Wabeno CDP which shows a single earners rate of 50.0% (4 times bigger). The percentage of families with no one working is depicted in Figure 22. Townsend CDP depicts it has a Families with No One Working of 34.4% which is in the mid range of other places in the area. The place with the highest families with no one working in the area is White Lake which shows a families with no worker of 41.8% (21.7% larger).

Townsend CDP Wisconsin Poverty Charts

The next section details economy analysis about poverty for residents of the Townsend 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. Townsend CDP shows it has a Total In Poverty of 18 which is the smallest when ranked by total people earning less than the poverty level of all the other places in the area. The place with the highest total people earning less than the poverty level in the area is Mole Lake CDP which depicts a total people earning less than the poverty level of 197 ( substantially bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Townsend CDP depicts it has a Percent of Population In Poverty of 16.4% which is the second smallest as measured by percent of people earning less than the poverty level of all the other places in the greater region. The place with the highest percent of people earning less than the poverty level in the area is Wabeno CDP which depicts a percent of people in poverty of 40.8% (approximately 2.5 times bigger).

In Figure 25 people who are in poverty are broken out by age group. Townsend CDP has the largest proportion of person in poverty 18 to 34 years at 39% of the total and is ranked #1. Second, it has the largest proportion of person in poverty 55 to 64 years at 61% of the total and is ranked #1.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Townsend CDP has the smallest proportion of highschool graduate and in poverty at 6% of the total. Second, it has the largest proportion of has some college and in poverty at 57% of the total and is ranked #1. Figure 29 looks at only those people who make less than the poverty level of income and breaks down there employment status. Townsend CDP has the largest proportion of people who are in poverty and unemployed at 38.9% 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.) Townsend CDP depicts it has a Public Assistance Percent of 5.1% which is the smallest when sorted by households with public assistance of all the other places in the metro area. The place with the highest households with public assistance in the area is Mole Lake CDP which shows a households with public assistance of 31.7% ( substantially bigger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Townsend CDP depicts it has a Gini Index of 41.2% which is less than most other places in the local area.

Townsend 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 Townsend 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.) Townsend CDP has the largest proportion of people who bicycle or walk to work at 29% 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 Townsend CDP or elsewhere.) Townsend CDP has the smallest proportion of people who drove alone at 71% of the total. Second, it has the largest proportion of people who work from home at 29% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Townsend CDP has one of the largest proportions of people who leave for work between 530 am to 6am at 17% of the total and is ranked #2. The only larger place being White Lake with 17%. Second, it has the largest proportion of people who leave for work between 8am to 830am at 27% of the total and is ranked #1. Third, it has the largest proportion of people who leave for work between 11am to 12noon at 30% 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. Townsend CDP has one of the largest proportions of people with commute time of less than 5 minutesutes at 37% of the total and is ranked #2. The only larger place being Lakewood CDP with 38%. Second, it has in the mid range of other places in the metro area when ranked by people with commute time between 5 to 9 minutes at 17% of the total. Third, it has the largest proportion of people with commute time between 20 to 24 minutes at 17% of the total and is ranked #1.

The average commute time is shown in Figure 37. Townsend CDP depicts it has a Avg Commute Time of 14 which is the second smallest in order of average commute time of all the other places in the local area. Figure 38 shows the difference between male versus female commuting time. Townsend CDP shows average commute time in minutes for men 3 times bigger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Townsend CDP has the largest proportion of 1 vehicle available at 88% of the total and is ranked #1. Second, it has the smallest proportion of 2 vehicles available at 12% of the total. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Townsend CDP depicts it has a Work in city or place where live of 55% which is the second most people who both work and live in the same city of all the places in the greater Townsend CDP region. The place with the highest people who both work and live in the same city in the area is Lakewood CDP which shows a people who both work and live in the same city of 57% (only about 4.5% larger). Comparing people who both work and live in the same city to the United States average of 43%, Townsend CDP is 28.6% larger. Also, versus the state of Wisconsin, people who both work and live in the same city of 40%, Townsend CDP is 36.5% larger.

Townsend CDP Wisconsin Jobs Charts

The table in Figure 48, shows Townsend CDP employment data in terms of job categories and salary data.

Townsend CDP Wisconsin Self Employment Charts

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Townsend CDP depicts total number of self-employed men 50.0% larger as the total number of self-employed women.