Orovada CDP Nevada Economy and economic data

Orovada CDP Nevada Income Charts

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 37.5% which is the largest of all places in the greater Orovada CDP region.

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

Orovada CDP Nevada Poverty Charts

Orovada CDP Nevada Labor Force Charts

The table in Figure 13, shows Orovada 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 disasterous Coronavirus Pandemic it went from 4.8% to 2.7% in December 2019. This represents a decrease in the monthly unemployment rate of 43.7%. Since that time, the monthly unemployment rate has gone to 2.7%. This represents an increase in the monthly unemployment rate of very little.

Orovada 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.