This section shows the Pershing 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, Pershing County shows it has a Median earnings of $69,094 which is the second most median earnings of all the counties in the greater Pershing County region. The county with the highest median earnings per worker in the area is Lander County which depicts a median earnings of $78,171 (13.1% larger). Comparing median earnings per worker to the United States average of $53,269, Pershing County is 29.7% larger. Also, in comparison with the state of Nevada, median earnings per worker of $47,225, Pershing County is 46.3% 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 $62,841 which is the second smallest in order of median household income of all the other counties in the metro area. The county with the highest median household income in the area is Lander County which depicts a median income of $92,543 (47.3% larger). Comparing median household income to the United States average of $69,021, Pershing County is about 9.8% smaller. Also, benchmarked against the state of Nevada, median household income of $65,686, Pershing County is only about 4.5% smaller.
The next section examines a variety of different income statistics for the Pershing County metropolitan area. In Figure 3 we see that it has the smallest proportion of earnings between $15,000 and $19,999 at 22.8% of the total. Second, it has the smallest proportion of earnings between $75,000 and $99,999 at 5.4% of the total. 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 $33.05 which is the third most of all other counties in the surrounding region. The county with the highest average hourly earnings in the area is Lander County which depicts an average hourly earnings of $34.24 (only about 3.6% larger). Comparing average hourly earnings to the United States average of $26.40, Pershing County is 25.2% larger. Also, in comparison with the state of Nevada, average hourly earnings of $23.35, Pershing County is 41.6% larger.
Figure 5 examines the number of self employed people in the Pershing County metro area based on the number of people who reported any self employment income. Pershing County shows it has a Self Employed of 9.5% which is in the mid range of other counties in the area. The county with the highest percentage of people self employed in the area is Storey County which depicts a percentage self employed of 13.1% (37.4% larger).
Figure 6 breaks down the source of income and Pershing County has the smallest proportion of social security at 0.3% of the total.
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 16.2% which is the second smallest as measured by households with retirement income of all the other counties in the greater region. The county with the highest households with retirement income in the area is Storey County which shows a households with retirement income of 40.6% (approximately 2.5 times bigger).
The percentage of full-time workers are compared to the number of part-time workers in Figure 8. Pershing County shows full time employees approximately 4.5 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. Pershing County shows it has the hightest entrepreneurs of 88% for the self employed in agriculture, forestry, fishing and hunting, and mining group.
Figure 10 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Pershing County shows it has the hightest cost of 107.3 for the cost of transportation classification.
Pershing 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. Pershing County depicts it has a Percent of Population In Poverty of 9.1% which is the smallest as measured by percent of people earning less than the poverty level of all the other counties in the area. The county with the highest percent of people earning less than the poverty level in the area is Humboldt County which depicts a percent of people in poverty of 13.4% (46.6% 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.) Pershing County depicts it has a Public Assistance Percent of 7.3% which is the smallest in terms of households with public assistance of all the other counties in the local area. The county with the highest households with public assistance in the area is Storey County which depicts a households with public assistance of 13.5% (about twice as large).
Pershing County Labor Force Charts
The table in Figure 13, shows Pershing 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 shows that from February 2017 to before the Coronavirus Pandemic it went from 5.6% to 3.8% in December 2019. This represents a decrease in the monthly unemployment rate of 32.1%. Since that time, the monthly unemployment rate has gone to 3.8%. This represents an increase in the monthly unemployment rate of very little.
Pershing 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.
Pershing County Work Commute Charts
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. Pershing County shows it has a Avg Commute Time of 25 which is less than most other counties in the metro area.
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.