This section shows the Lincoln County Nevada economy using the most recent economic analysis from the 2022 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Lincoln County shows it has a Median earnings of $63,381 which is the highest of all counties in the greater Lincoln County region. Comparing median earnings per worker to the United States average of $53,269, Lincoln County is 19.0% larger. Also, in comparison with the state of Nevada, median earnings per worker of $47,225, Lincoln County is 34.2% larger.
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 $62,164 which is less than most other counties in the local area. The county with the highest median household income in the area is Beaver County which shows a median income of $74,569 (20.0% larger). Comparing median household income to the United States average of $69,021, Lincoln County is about 11.0% smaller. Also, in comparison with the state of Nevada, median household income of $65,686, Lincoln County is about 5.7% smaller.
The next section examines a variety of different income statistics for the Lincoln County metropolitan area. In Figure 3 we see that it has the smallest proportion of earnings less than $10,000 at 2.3% of the total. Second, it has the largest proportion of earnings between $50,000 and $74,999 at 17.8% 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 $29.23 which is the highest of all counties in the greater Lincoln County region. Comparing average hourly earnings to the United States average of $26.40, Lincoln County is 10.7% larger. Also, versus the state of Nevada, average hourly earnings of $23.35, Lincoln County is 25.2% larger.
Figure 5 examines the number of self employed people in the Lincoln County metro area based on the number of people who reported any self employment income. Lincoln County depicts it has a Self Employed of 11.0% which is in the center range of other counties in the local area. The county with the highest percentage of people self employed in the area is Beaver County which shows a percentage self employed of 13.7% (24.9% larger).
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 31.1% which is the second most households with retirement income of all the counties in the greater Lincoln County region. The county with the highest households with retirement income in the area is Nye County which shows a households with retirement income of 34.5% (11.0% larger).
The percentage of full-time workers are compared to the number of part-time workers in Figure 8. Lincoln County depicts full time employees appreciably 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. Lincoln County depicts it has the hightest entrepreneurs of 44% for the self employed in agriculture, forestry, fishing and hunting, and mining classification.
Figure 10 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Lincoln County depicts it has the hightest cost of 116.3 for the cost of grocery items aggregate.
Lincoln County Poverty Charts
In Figure 11 the percentage of people earning less than the poverty level is shown and compared across the group of places. Lincoln County shows it has a Percent of Population In Poverty of 5.6% which is the smallest when sorted by percent of people earning less than the poverty level of all the other counties in the surrounding region. The county with the highest percent of people earning less than the poverty level in the area is Nye County which depicts a percent of people in poverty of 15.6% (approximately 2.8 times bigger).
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.) Lincoln County depicts it has a Public Assistance Percent of 11.2% which is the third most households with public assistance of all other counties in the greater Lincoln County region. The county with the highest households with public assistance in the area is Clark County which depicts a households with public assistance of 14.0% (24.3% larger).
Lincoln County Labor Force Charts
The table in Figure 13, shows Lincoln County 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 Coronavirus Pandemic it went from 5.5% to 3.2% in December 2019. This represents a decrease in the monthly unemployment rate of 41.8%. Since that time, the monthly unemployment rate has gone to 3.2%. This represents an increase in the monthly unemployment rate of very little.
Lincoln County 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.
Lincoln County Work Commute Charts
Figure 18 shows a more detailed view of how the population commutes to work for (for example to downtown Lincoln County or elsewhere.) Lincoln County has the smallest proportion of people who drove alone at 65% of the total. Second, it has the largest proportion of people who carpooled at 15% of the total and is ranked #1. Third, it has the largest proportion of people who bike at 1% of the total and is ranked #1. Also, it has the largest proportion of people who took a taxicab, motorcycle or other at 4% 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. Lincoln County depicts it has a Avg Commute Time of 21 which is the third most average commute time of all other counties in the greater Lincoln County region.
Cities marked with an asterisk ("*") should resemble a city or town but do not have their own government (i.e. Mayor, City Council, etc.) These places should be recognizable by the local community but their boundaries have no legal status. Technically these include both Census Designated Places (CDP) and Census County Divisions (CCD) which are defined by the Census Bureau along with local authorities. (For more information, see:
Census Designated Place or "CDP")
and Census County Division "CCD".)
For comparison purposes, the US national average and the state average value are provided. Additionally, the "Combined Statistical Area" or CSA is shown that is closest to the city, county, or zip code shown. A CSA is a large grouping of adjacent metropolitan areas that identified by the Census Bureau based on social and economic ties. (See: Combined Statistical Area)
Data sources - Mouse over icon in upper right corner of each chart for information.