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The median multiple is the ratio of median house price by the median annual household income.In other words, how many years would it take for the median income to pay off the median home price?Values between 15 and 20 indicate that extra judgment must be taken when making housing decisions.It is calculated as the median home value divided by the median annual contract rent (ie. Monthly housing costs include mortgage payments, real estate taxes, insurance, utilities, and condo fees.The unadjusted gender pay gap is the median indvidiual female earnings as a percentage of male earnings.In other words, women who work in Whitewood, SD generally make around 6931% of what men do.Much of that difference is likely due to the number of hours worked (see the Full Time vs Part Time Work chart), occupations chosen (see the Employed by Occupation chart), education, and job experience.Adjusting for each of those factors to see what women with similar qualifications and jobs make compared to men is difficult, but the adjusted pay gap would be more likely to show the difference due to discrimination, difference in ability, or willingness to negotiate pay.
To classify as unemployed, people must be actively looking for work.
When comparing to monthly rental costs, be careful to also look at the median number of bedrooms.
Owner occupied homes generally include more bedrooms than rentals.
In Whitewood, SD, 27% of the population ages 16 are not employed, but are also not looking for work so they are not considered in the unemployment rate.
See the Labor Force Participation Rate for more information.