The Bandera Courier
Bandera Courier
Thursday December 7, 2017
 
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2012-01-19

Jobs & education

Feather Wilson

How many people in Bandera County have full time jobs?

The 2010 census tells us that only about 4.7 percent of the 20,057 people in Bandera County work full time.

About 19.2 percent work part time and 22.0 percent do not work at all.

Approximately 4,051 people are under 18 years of age, which is about 30.3 percent of the population. Obviously most of these young people are not going to stay in Bandera County where only 4.7 percent of the people have full time jobs.

The poverty level in Bandera County is about 18.4 percent, which is pretty close to the percentage of people that do not work at all.

Recent research indicates that Americans suffer less economic mobility than people in Canada or Western Europe.

The Federal poverty level is defined as anyone making less than $10,830 per person per year. For a family of two the poverty definition is $18,210 per year. It only takes about $34,000 per year to be in the top one percent of the world's wealthiest people.

Education is very important. The more formal education you have, the higher income you have. The percentage of people that have a four year college degree in Bandera County is about 5.8 percent. The proportion of four year college graduates in the U.S. is 29.93 percnet. About 7.6 percent received masters and about 2.93 percent received a doctorate degree.

About 30.1 percent of the people in Bandera County did not graduate from high school. If your parents finished college you are five times more likely finish college. The dropout rate is very high. It is very important what major you choose or it may not be worth the time and effort.

How many families in Bandera County can send their children to college to obtain a four year degree? Recall that a 4-year college degree in Texas will cost about $80,000-$100,000. Many disciplines require graduate degrees. How many of those 4,051 students will end up with a four year college degree?

Many residents earned their money the old fashioned way. They inherited it.

Inheritance means several different things. It could mean their parents had enough money at the time to provide a college degree. Thereby, allowing the child to earn enough money to comfortably retire in Bandera County. Or they just worked hard and made a lot of money with or without an advanced or secondary education.