Employment question
Is the job market stable in Elm Grove, WI?
A direct, data-backed answer using unemployment, workforce participation, earnings, and industry concentration signals where the public dataset supports it.
Employment and income stability
21
/ 100
V2 relative score
Higher scores indicate weaker job and income stability relative to the selected geography scope.
Direct answer
Yes. The current data shows relatively strong stability.
Elm Grove, WI has an employment and income stability risk score of 21, which is low relative to other city-level locations. That signals comparatively favorable labor and earnings conditions in the current FinanceRiskIQ model. This answer uses city-level employment data for Elm Grove where the public dataset supports it.
Top drivers in this score
Labor force participation
63.8%
Risk pressure percentile: 37
Employment rate (16+)
63.3%
Risk pressure percentile: 28
Unemployment rate
0.7%
Risk pressure percentile: 25
How this compares
Approximate percentile: 21 of 100
Coverage and confidence
This score uses partial city-level metric coverage.
Key signals
- Unemployment rate0.7%
- Unemployment volatility (12-mo)Not available
- Labor force participation63.8%
- Employment rate (16+)63.3%
- Median earnings (full-time, year-round)$83,867
- Earnings trend (YoY)+16.5%
- Industry concentration (HHI)Not available
Coverage: City-level (place) | Source: ACS 2023-2024 5-year | 2024
Why this matters
Employment stability affects financial risk because income shocks can make regular expenses harder to absorb. A higher score means the local labor and earnings signals show more instability relative to comparable places.
View full employment risk detail ->Common follow-up questions
Is the job market stable in Elm Grove, WI?
Elm Grove, WI has an employment and income stability risk score of 21, which is low relative to other city-level locations. That signals comparatively favorable labor and earnings conditions in the current FinanceRiskIQ model. This answer uses city-level employment data for Elm Grove where the public dataset supports it.
What employment data is used for Elm Grove?
FinancialRiskIQ uses public indicators such as unemployment rate, unemployment volatility, labor force participation, employment rate, median earnings, earnings trend, and industry concentration when available. The current answer uses city-level (place) data from ACS 2023-2024 5-year (2024).
Why does employment stability affect financial risk?
Less stable job and income conditions can make bills, savings, and debt payments harder to plan around. The score compares local labor and earnings signals against similar geography levels.