Crescent Valley CDP Nevada Income Charts

This section shows the Crescent Valley CDP Nevada economy using the most recent economic analysis from the 2022 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Crescent Valley CDP depicts it has a Median earnings of $87,000 which is the third most median earnings of all other places in the greater Crescent Valley CDP region. The place with the highest median earnings per worker in the area is Osino CDP which depicts a median earnings of $117,796 (35.4% larger). Comparing median earnings per worker to the United States average of $53,269, Crescent Valley CDP is 63.3% larger. Also, compared to the state of Nevada, median earnings per worker of $47,225, Crescent Valley CDP is about twice as large.

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 $67,763 which is the second smallest in order of median household income of all the other places in the area. The place with the highest median household income in the area is Osino CDP which indicates a median income of $112,222 (65.6% larger). Comparing median household income to the United States average of $69,021, Crescent Valley CDP is about the same size. Also, versus the state of Nevada, median household income of $65,686, Crescent Valley CDP is only about 3.2% larger.

The next section examines a variety of different income statistics for the Crescent Valley CDP metropolitan area. In Figure 3 we see that it it has the largest proportion of earnings less than $10,000 at 9.3% of the total and is ranked #1. Second, it has the largest proportion of earnings between $20,000 and $49,999 at 21.1% of the total and is ranked #1. Third, it has the largest proportion of earnings between $50,000 and $74,999 at 23.6% of the total and is ranked #1. Dividing median annual worker earnings by the average number of hours worked in a year in Figure 4 shows that it has a Avg Hrly Earnings of $39.37 which is ranked #1 of all places in the greater Crescent Valley CDP region. Comparing average hourly earnings to the United States average of $26.40, Crescent Valley CDP is 49.1% larger. Also, compared with the state of Nevada, average hourly earnings of $23.35, Crescent Valley CDP is 68.6% larger.

Figure 5 examines the number of self employed people in the Crescent Valley CDP metro area based on the number of people who reported any self employment income. Crescent Valley CDP shows it has a Self Employed of 2.2% which is the second smallest when sorted by percentage of people self employed of all the other places in the greater region. The place with the highest percentage of people self employed in the area is Carlin which indicates a percentage self employed of 18.1% ( very much bigger).

Figure 6 breaks down the source of income and Crescent Valley CDP has the largest proportion of investment and retirement income at 12.2% of the total and is ranked #1.

The next chart (Figure 7) shows the percentage of households that had retirement income over the last 12 months and it has a With Retirement Income of 33.0% which is more than all other places in the greater Crescent Valley CDP region.

The percentage of full-time workers are compared to the number of part-time workers in Figure 8. Crescent Valley CDP shows full time employees approximately 2.6 times bigger as the part time employees.

Similar to the last chart is Figure 9 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. Crescent Valley CDP depicts it has the hightest entrepreneurs of 100% for the self employed in agriculture, forestry, fishing and hunting, and mining grouping.

Figure 10 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Crescent Valley CDP depicts it has the hightest cost of 107.3 for the cost of transportation grouping.

Crescent Valley CDP Nevada Poverty Charts

In Figure 11 the percentage of people earning less than the poverty level is shown and compared across the group of places. Crescent Valley CDP depicts it has a Percent of Population In Poverty of 9.5% which is the third most percent of people earning less than the poverty level of all other places in the greater Crescent Valley CDP region. The place with the highest percent of people earning less than the poverty level in the area is Elko which shows a percent of people in poverty of 12.3% (29.9% larger). Additionally, Figure 12 looks at the percentage of people who receive some form of public assistance including general assistance, temporary assistance or food stamps (i.e. SNAP.) Crescent Valley CDP shows it has a Public Assistance Percent of 8.5% which is the third most households with public assistance of all other places in the greater Crescent Valley CDP region. The place with the highest households with public assistance in the area is Elko which depicts a households with public assistance of 11.6% (37.3% larger).

Crescent Valley CDP Nevada Labor Force Charts

The table in Figure 13, shows Crescent Valley CDP employment data in terms of job categories and salary data.

The next two charts look at 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 2022, the Covid 19 recession occurred and affects this metric. The monthly unemployment rate depicts that from February 2017 to before the COVID-19 Pandemic it went from 4.0% to 2.9% in December 2019. This represents a decrease in the monthly unemployment rate of 27.5%. Since that time, the monthly unemployment rate has gone to 2.9%. This represents an increase in the monthly unemployment rate of very little.

Crescent Valley CDP Nevada Jobs Charts

In the jobs section of economic activity charts in Figure 15 shows the average annual earnings for very high level job industry categories for full time and year round employed.

Figure 16 shows the average median earnings for different categories of jobs.

Crescent Valley CDP Nevada 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 Crescent Valley CDP community and has an impact on other factors such as economic growth, population growth, economic recovery, job growth, etc.. Figure 17 shows a high level view of how the population commutes to work (including the percent of people who work from home.) Crescent Valley CDP has the largest proportion of people who take public transportation to work at 8% of the total and is ranked #1. Figure 18 shows a more detailed view of how the population commutes to work for (for example to downtown Crescent Valley CDP or elsewhere.) Crescent Valley CDP has the largest proportion of people who carpooled at 25% of the total and is ranked #1. Second, it has the largest proportion of people who walked at 8% of the total and is ranked #1.

Figure 19 is provided for comparison purposes to the previous chart. It shows how people get to work overall on average in the United States.

The average commute time is shown in Figure 21. Crescent Valley CDP shows it has a Avg Commute Time of 24 which is in the mid range of other places in the metro area.