Noble County Income Charts

This section shows the Noble County Ohio economy using the most recent economic analysis from the 2020 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Noble County depicts it has a Median earnings of $40,236 which is less than most other counties in the greater region. The county with the highest median earnings per worker in the area is Belmont County which shows a median earnings of $43,400 (7.9% larger). Comparing median earnings per worker to the United States average of $49,041, Noble County is about 21.9% smaller. Also, versus the state of Ohio, median earnings per worker of $47,458, Noble County is about 17.9% smaller.

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 $46,897 which is in the mid range of other counties in the area. The county with the highest median household income in the area is Belmont County which depicts a median income of $50,904 (8.5% larger). Comparing median household income to the United States average of $62,843, Noble County is approximately three-fourths the size. Also, measured against the state of Ohio, median household income of $56,602, Noble County is about 20.7% smaller.

The next section examines a variety of different income statistics for the Noble County metropolitan area. In Figure 3 we see that it has the smallest proportion of earnings between $15,000 and $19,999 at 28.8% of the total. Second, it has the smallest proportion of earnings between $20,000 and $49,999 at 12.6% of the total. Third, it has the smallest proportion of earnings between $75,000 and $99,999 at 3.2% of the total.

Figure 5 has the Average number of hours worked in a typical work week during the year, it has a Avg Hours Worked of 32.0 which is the smallest as measured by average hours of all the other counties in the metropolitan area. The county with the highest average hours in the area is Monroe County which shows an average hours of 40.1 (25.3% larger). Dividing median annual worker earnings by the average number of hours worked in a year in Figure 6 shows that it has a Avg Hrly Earnings of $24.18 which is the highest of all counties in the greater Noble County region. Comparing average hourly earnings to the United States average of $24.31, Noble County is about the same size. Also, measured against the state of Ohio, average hourly earnings of $23.77, Noble County is only slightly larger.

Figure 7 examines the number of self employed people in the Noble County metro area based on the number of people who reported any self employment income. Noble County depicts it has a Self Employed of 9.2% which is in the mid range of other counties in the local area. The county with the highest percentage of people self employed in the area is Monroe County which shows a percentage self employed of 10.9% (18.2% larger).

Turning our attention to Figure 8, the median household income by age group, it has one of the largest proportions of median income-under 25 years at $65,183 of the total and is ranked #3. Only #2 Belmont County ($67,399), and #1 Monroe County ($68,002) are larger. Second, it has in the middle range of other counties in the local area as measured by median income-25 to 44 years at $58,047 of the total. Third, it has one of the largest proportions of median income-45 to 64 years at $35,872 of the total and is ranked #3. Only #2 Guernsey County ($37,937), and #1 Washington County ($39,352) are larger.

Figure 9 breaks down the source of income and Noble County has the largest proportion of self employment income at 30.7% of the total and is ranked #1. Second, it has the largest proportion of investment and retirement income at 17.1% of the total and is ranked #1. Third, it has the smallest proportion of social security at 1.1% of the total.

The next chart (Figure 11) shows the percentage of households that had retirement income over the last 12 months and it has a With Retirement Income of 39.3% which is at the top of all other counties in the greater Noble County region.

In the next chart, Figure 12, the median family income is shown for families broken down by racial group and has the percentage of overall family income less than most other counties in the greater region at $57,010 of the total.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Noble County shows it has the hightest cost of 123.4 for the cost of utilities category.

Noble County Labor Force Charts

The next two charts look at very recent, 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 2020, the Covid 19 recession or great recession occurred and affects this metric. . It shows that from January 2010 to before the disasterous COVID Pandemic the monthly unemployment rate went from 20.6% to 10.8% in March 2020. This represents a decrease in the monthly unemployment rate of 47.6%. Since that time, the monthly unemployment rate has gone to 7.6% This represents a decrease in the monthly unemployment rate of 29.6%. In Figure 15 the monthly labor force participation which are people actively looking for work are also defined as unemployed but do not include people who have given up looking for work. . It shows that from January 2010 to before the disasterous Coronavirus Pandemic the monthly labor force participation went from 5,358 to 4,796 in March 2020. This represents a decrease in the monthly labor force participation of 10.5%. Since that time, the monthly labor force participation has gone to 4,645 This represents a decrease in the monthly labor force participation of 3.1%.

The next two charts look at the annual unemployment rate/eligible for unemployment benefits and is based on the American Community survey. Figure 16 shows Noble County shows it has a Unemployment Rate of 1.9% which is the smallest when sorted by unemployment rate of all the other counties in the local area. The county with the highest unemployment rate in the area is Muskingum County which depicts a rate of 3.6% (about twice as large). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Noble County depicts it has a Labor Force Participation of 35.9% which is the smallest in terms of participation rate of all the other counties in the surrounding region.

The Components of Employment Status graph in Figure 18 shows the composition of the labor force broken down by employed, unemployed, and not in the labor force (but 16 years of age or older). Noble County has the smallest proportion of employed at 1.9% of the total. Second, it has the largest proportion of unemployed at 64.1% of the total and is ranked #1.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Noble County depicts full time employees 44.5% larger as the part time employees.

The next employment related data item is shown in Figure 21 which is the percentage of families with only a single earner in the greater Noble County area. Noble County depicts it has a Single Earner Families of 34.9% which is the largest of all counties in the greater Noble County region. The percentage of families with no one working is depicted in Figure 22. Noble County shows it has a Families with No One Working of 32.3% which is the largest of all counties in the greater Noble County region.

Noble County Poverty Charts

The next section details economy analysis about poverty for residents of the Noble County community. This performance can be enhanced by government programs such as economic opportunity zone to influence manufacturing, job growth, economic opportunity an hopefully lead to economic recovery after the recent Covid 19 recession. In Figure 23 the total number of people earning less than the poverty level are shown. Noble County shows it has a Total In Poverty of 1,874 which is the smallest in terms of total people earning less than the poverty level of all the other counties in the local area. The county with the highest total people earning less than the poverty level in the area is Muskingum County which shows a total people earning less than the poverty level of 13,396 ( considerably bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Noble County shows it has a Percent of Population In Poverty of 15.6% which is less than most other counties in the local area. The county with the highest percent of people earning less than the poverty level in the area is Guernsey County which depicts a percent of people in poverty of 19.9% (27.6% larger).

In Figure 25 people who are in poverty are broken out by age group. Noble County has the smallest proportion of person in poverty under 12 years at 8% of the total. Second, it has the smallest proportion of person in poverty 12 to 17 years at 15% of the total. Third, it has the smallest proportion of person in poverty 18 to 34 years at 12% of the total. Also, it has the largest proportion of person in poverty 35 to 54 years at 24% of the total and is ranked #1.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Noble County has the percentage of white poverty rate the second smallest in order of white poverty rate of all the other counties in the area at 6% of the total. Second, it has the smallest proportion of hawaiian poverty rate at 3% of the total.

Figure 27 shows key poverty statistics for groups based on marriage status. Noble County has the smallest proportion of unmarried female with children and in poverty at 7% of the total.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Noble County has the smallest proportion of less than highschool in poverty at 11% of the total. Second, it has the smallest proportion of has some college and in poverty at 2% of the total. Additionally, Figure 30 looks at the percentage of people who receive some form of public assistance including general assistance, temporary assistance or food stamps (i.e. SNAP.) Noble County shows it has a Public Assistance Percent of 11.7% which is the smallest in order 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 Morgan County which depicts a households with public assistance of 22.0% (about twice as large).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Noble County shows it has a Gini Index of 45.8% which is the second most the gini index of all the counties in the greater Noble County region.

Noble County 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 Noble County community and has an impact on other factors such as economic growth, population growth, economic recovery, job growth, etc.. Figure 32 shows a high level view of how the population commutes to work (including the percent of people who work from home.) Noble County has the largest proportion of people who drive a car or motorcycle to work at 1% of the total and is ranked #1. Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Noble County or elsewhere.) Noble County has the largest proportion of people who carpooled at 11% of the total and is ranked #1. Second, it has the largest proportion of people who take the bus at 1% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Noble County has the largest proportion of people who leave for work between 12am to 5am at 8% of the total and is ranked #1. Second, it has the smallest proportion of people who leave for work between 630 am to 7am at 9% of the total. Third, it has the largest proportion of people who leave for work between 7am to 730am at 17% of the total and is ranked #1. Also, it has the smallest proportion of people who leave for work between 730 am to 8am at 7% of the total. In addition, it has the smallest proportion of people who leave for work between 8am to 830am at 2% of the total. Furthermore, it has the smallest proportion of people who leave for work between 830 am to 9am at 2% of the total. Next it has the smallest proportion of people who leave for work between 11am to 12noon at 4% of the total.

The next graph in Figure 36 shows the average number of minutes that it takes for people to commute to work. Noble County has the smallest proportion of people with commute time between 5 to 9 minutes at 7% of the total. Second, it has the largest proportion of people with commute time between 25 to 29 minutes at 17% of the total and is ranked #1. Third, it has the largest proportion of people with commute time between 30 to 34 minutes at 4% of the total and is ranked #1. Also, it has the largest proportion of people with commute time between 35 to 39 minutes at 5% of the total and is ranked #1.

The average commute time is shown in Figure 37. Noble County depicts it has a Avg Commute Time of 30 which is the third most average commute time of all other counties in the greater Noble County region. Figure 38 shows the difference between male versus female commuting time. Noble County shows average commute time in minutes for men 76.3% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Noble County has the smallest proportion of no vehicle available at 12% of the total. Second, it has the second smallest when ranked by no vehicle available of all the other counties in the surrounding region in terms of 1 vehicle available at 34% of the total. Third, it has the largest proportion of 2 vehicles available at 29% of the total and is ranked #1. Also, it has the largest proportion of 4 vehicles available at 11% of the total and is ranked #1. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Noble County depicts it has a Work in city or place where live of 23% which is the second smallest when ranked by people who both work and live in the same city of all the other counties in the local area. The county with the highest people who both work and live in the same city in the area is Muskingum County which shows a people who both work and live in the same city of 40% (73.5% larger). Comparing people who both work and live in the same city to the United States average of 42%, Noble County is approximately half the size. Also, in comparison with the state of Ohio, people who both work and live in the same city of 34%, Noble County is approximately three-fourths the size.

Noble County Jobs Charts

The next to charts break out the median earnings for major job categories for men and women. Figure 46 shows the median earnings of men for the job categories. Noble County shows it has the hightest median earnings of $75,583 for the management, business, and financial occupations classification. Similarly, Figure 47 shows the median earnings of women for the job categories and Noble County shows it has the hightest median earnings of $44,844 for the earnings-healthcare practitioners and tech occupations grouping. The table in Figure 48, shows Noble County employment data in terms of job categories and salary data.

Noble County Self Employment Charts

Figure 49 shows economic activity in terms of the number of people who are self employed in incorporated local business by industry. Noble County depicts it has the hightest entrepreneurs of 47% for the self employed management, business, science, and arts businesses group.

Similar to the last chart is Figure 50 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. Noble County depicts it has the hightest entrepreneurs of 34% for the self employed in manufacturing group.

In Figure 51 the average annual self employment/entrepreneur income is shown. Noble County depicts it has a Self Employment Income of $20,619 which is the second smallest when sorted by average annual self employment income of all the other counties in the greater region. The county with the highest average annual self employment income in the area is Washington County which depicts an average annual self employment income of $35,773 (73.5% larger). Comparing average annual self employment income to the United States average of $39,154, Noble County is approximately half the size. Also, in contrast to the state of Ohio, average annual self employment income of $33,664, Noble County is approximately three-fourths the size.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Noble County depicts total number of self-employed men approximately 2.3 times bigger as the total number of self-employed women.