Noble County Income Charts

This section shows the Noble County Ohio economy using the most recent economic analysis from the 2022 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Noble County shows it has a Median earnings of $43,176 which is in the mid point range of other counties in the greater region. The county with the highest median earnings per worker in the area is Muskingum County which shows a median earnings of $45,282 (only about 4.9% larger). Comparing median earnings per worker to the United States average of $53,269, Noble County is about 23.4% smaller. Also, compared to the state of Ohio, median earnings per worker of $51,482, Noble County is about 19.2% 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 $46,144 which is the second smallest in terms of median household income of all the other counties in the surrounding region. The county with the highest median household income in the area is Belmont County which depicts a median income of $54,191 (17.4% larger). Comparing median household income to the United States average of $69,021, Noble County is approximately three-fourths the size. Also, in comparison with the state of Ohio, median household income of $61,938, Noble County is approximately three-fourths the size.

The next section examines a variety of different income statistics for the Noble County metropolitan area. In Figure 3 we see that it it has the largest proportion of earnings less than $10,000 at 11.5% of the total and is ranked #1. Second, it has the smallest proportion of earnings between $15,000 and $19,999 at 25.0% of the total. Third, it has the smallest proportion of earnings between $20,000 and $49,999 at 12.0% of the total. Also, it has the smallest proportion of earnings between $75,000 and $99,999 at 2.3% 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 30.8 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 depicts an average hours of 40.4 (31.2% 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 $26.96 which is at the top of all other counties in the local area. Comparing average hourly earnings to the United States average of $26.40, Noble County is only slightly larger. Also, measured against the state of Ohio, average hourly earnings of $25.78, Noble County is only about 4.6% 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 shows it has a Self Employed of 11.3% which is the most of all counties in the greater Noble County region.

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 $72,500 of the total and is ranked #2. The only larger county being Monroe County with $75,489. Second, it has in the intermediate range of other counties in the surrounding region as measured by median income-25 to 44 years at $62,746 of the total. Third, it has the smallest proportion of median income-45 to 64 years at $32,566 of the total.

Figure 9 breaks down the source of income and Noble County has the largest proportion of self employment income at 34.6% of the total and is ranked #1. Second, it has the largest proportion of investment and retirement income at 14.9% of the total and is ranked #1. Third, it has the smallest proportion of social security at 0.8% 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 37.5% which is more than 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 the second smallest in order of overall family income of all the other counties in the local area at $59,918 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 depicts 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 February 2010 to before the Wuhan Coronavirus/COVID Pandemic the monthly unemployment rate went from 20.3% to 9.1% in February 2020. This represents a decrease in the monthly unemployment rate of 55.2%. Since that time, the monthly unemployment rate has gone to 5.8% This represents a decrease in the monthly unemployment rate of 36.3%. 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 February 2010 to before the Wuhan Coronavirus/COVID Pandemic the monthly labor force participation went from 5,243 to 4,771 in March 2020. This represents a decrease in the monthly labor force participation of 9.0%. Since that time, the monthly labor force participation has gone to 4,630 This represents a decrease in the monthly labor force participation of 3.0%.

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 1.8% which is the smallest when ranked by unemployment rate of all the other counties in the greater region. The county with the highest unemployment rate in the area is Washington County which depicts a rate of 3.1% (72.2% larger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Noble County shows it has a Labor Force Participation of 37.4% which is the smallest when sorted by 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 1.8% of the total. Second, it has the largest proportion of unemployed at 62.6% 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 17.9% 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 42.0% 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 depicts it has a Families with No One Working of 25.3% which is the third most of all other counties in the local area. The county with the highest families with no one working in the area is Monroe County which shows a families with no worker of 29.0% (14.4% larger).

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 1,971 which is the second smallest in order of total people earning less than the poverty level of all the other counties in the metropolitan area. The county with the highest total people earning less than the poverty level in the area is Muskingum County which depicts a total people earning less than the poverty level of 13,266 ( very much 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 16.6% which is the third most percent of people earning less than the poverty level of all other counties in the greater Noble County region. The county with the highest percent of people earning less than the poverty level in the area is Guernsey County which shows a percent of people in poverty of 18.4% (10.6% 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 7% of the total. Second, it has the smallest proportion of person in poverty 18 to 34 years at 11% of the total. Third, it has the largest proportion of person in poverty 35 to 54 years at 19% of the total and is ranked #1. Also, it has the largest proportion of person in poverty 55 to 64 years at 21% 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 when sorted by white poverty rate of all the other counties in the local area at 9% of the total.

Figure 27 shows key poverty statistics for groups based on marriage status. Noble County has the percentage of unmarried female with children and in poverty the second smallest in order of married with children and in poverty of all the other counties in the local area at 8% 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 has some college and in poverty at 3% of the total. Figure 29 looks at only those people who make less than the poverty level of income and breaks down there employment status. Noble County has the largest proportion of people who are in poverty and employed at 5.3% of the total and is ranked #1. Second, it has the smallest proportion of people who are in poverty and unemployed at 12.6% 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 depicts it has a Public Assistance Percent of 11.9% which is the smallest in order of households with public assistance of all the other counties in the area. The county with the highest households with public assistance in the area is Morgan County which depicts a households with public assistance of 21.9% (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 depicts it has a Gini Index of 51.2% which is ranked #1 of all counties in the greater Noble County region.

Noble County Work Commute Charts

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 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 7% of the total and is ranked #1. Second, it has the largest proportion of people who leave for work between 5am to 530am at 10% of the total and is ranked #1. Third, it has the smallest proportion of people who leave for work between 630 am to 7am at 10% of the total. Also, it has the smallest proportion of people who leave for work between 730 am to 8am at 5% 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 9am to 10am at 1% of the total. Next it has the largest proportion of people who leave for work between 10am to 11am at 3% of the total and is ranked #1.

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 percentage of people with commute time between 5 to 9 minutes in the middle range of other counties in the local area at 13% of the total. Second, it has the smallest proportion of people with commute time between 10 to 14 minutes at 9% of the total. Third, it has the largest proportion of people with commute time between 20 to 24 minutes at 10% of the total and is ranked #1. Also, it has the largest proportion of people with commute time between 25 to 29 minutes at 17% of the total and is ranked #1. In addition, it has the smallest proportion of people with commute time between 45 to 59 minutes at 2% of the total.

The average commute time is shown in Figure 37. Noble County shows it has a Avg Commute Time of 26 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 depicts average commute time in minutes for men 42.6% 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 9% of the total. Second, 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 22% which is the second smallest in order of people who both work and live in the same city of all the other counties in the metropolitan area. The county with the highest people who both work and live in the same city in the area is Muskingum County which depicts a people who both work and live in the same city of 41% (about twice as large). Comparing people who both work and live in the same city to the United States average of 44%, Noble County is approximately half the size. Also, versus the state of Ohio, people who both work and live in the same city of 36%, 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 depicts it has the hightest median earnings of $96,071 for the earnings-computer, engineering, and science occupations aggregate. Similarly, Figure 47 shows the median earnings of women for the job categories and Noble County depicts it has the hightest median earnings of $66,250 for the earnings-education, legal, community service, arts, media occupations group. 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 45% 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 32% for the self employed in retail trade grouping.

In Figure 51 the average annual self employment/entrepreneur income is shown. Noble County shows it has a Self Employment Income of $23,119 which is the second smallest in terms of average annual self employment income of all the other counties in the local area. The county with the highest average annual self employment income in the area is Monroe County which shows an average annual self employment income of $49,481 (about twice as large). Comparing average annual self employment income to the United States average of $42,141, Noble County is approximately half the size. Also, measured against the state of Ohio, average annual self employment income of $35,759, 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 shows total number of self-employed men approximately 2.6 times bigger as the total number of self-employed women.