This section shows the Nicholas County West Virginia economy using the most recent economic analysis from the 2022 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Nicholas County depicts it has a Median earnings of $37,372 which is the second smallest when sorted by median earnings per worker of all the other counties in the greater region. The county with the highest median earnings per worker in the area is Kanawha County which depicts a median earnings of $44,263 (18.4% larger). Comparing median earnings per worker to the United States average of $53,269, Nicholas County is approximately three-fourths the size. Also, compared to the state of West Virginia, median earnings per worker of $44,509, Nicholas County is about 19.1% 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 $42,946 which is the third most of all other counties in the metropolitan area. The county with the highest median household income in the area is Kanawha County which indicates a median income of $50,574 (17.8% larger). Comparing median household income to the United States average of $69,021, Nicholas County is approximately three-fourths the size. Also, compared to the state of West Virginia, median household income of $50,884, Nicholas County is about 18.5% smaller. 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 $18.24 which is the second smallest in terms of average hourly earnings of all the other counties in the greater region. The county with the highest average hourly earnings in the area is Kanawha County which shows an average hourly earnings of $21.71 (19.0% larger). Comparing average hourly earnings to the United States average of $26.40, Nicholas County is approximately three-fourths the size. Also, versus the state of West Virginia, average hourly earnings of $21.95, Nicholas County is about 20.3% smaller.
Figure 5 examines the number of self employed people in the Nicholas County metro area based on the number of people who reported any self employment income. Nicholas County depicts it has a Self Employed of 6.3% which is the third most of all other counties in the surrounding region. The county with the highest percentage of people self employed in the area is Greenbrier County which shows a percentage self employed of 8.5% (36.2% larger).
Figure 6 breaks down the source of income and Nicholas County has the smallest proportion of self employment income at 13.6% 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 28.1% which is the second smallest when sorted by households with retirement income of all the other counties in the area. The county with the highest households with retirement income in the area is Clay County which shows a households with retirement income of 34.3% (22.1% larger).
The percentage of full-time workers are compared to the number of part-time workers in Figure 8. Nicholas County depicts full time employees approximately 3.8 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. Nicholas County depicts it has the hightest entrepreneurs of 35% for the self employed in construction 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. Nicholas County depicts it has the hightest cost of 102.9 for the cost of transportation group.
Nicholas 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. Nicholas County shows it has a Percent of Population In Poverty of 18.6% which is less than most other counties in the metropolitan area. The county with the highest percent of people earning less than the poverty level in the area is Clay County which shows a percent of people in poverty of 26.3% (41.4% 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.) Nicholas County depicts it has a Public Assistance Percent of 21.5% which is in the mid point range of other counties in the surrounding region. The county with the highest households with public assistance in the area is Clay County which shows a households with public assistance of 32.6% (51.9% larger).
Nicholas County Labor Force Charts
The table in Figure 13, shows Nicholas 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 January 2017 to before the disasterous Covid-19 virus Pandemic it went from 8.7% to 10.6% in March 2020. This represents an increase in the monthly unemployment rate of 21.8%. Since that time, the monthly unemployment rate has gone to 4.4%. This represents a decrease in the monthly unemployment rate of 58.5%.
Nicholas 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.
Nicholas County Work Commute Charts
Figure 18 shows a more detailed view of how the population commutes to work for (for example to downtown Nicholas County or elsewhere.) Nicholas County has the largest proportion of people who drove alone at 85% 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. Nicholas County shows it has a Avg Commute Time of 33 which is the second most of all the 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.