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Economy Profile

Pendleton County

  • West Virginia State
  • October, 2024
TSAC-CFD-54071

Table of Content

Snapshot

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GDP (2022, Thousands)
$ 237734
AVG Real Growth (2017-2022)
1.9 %
Unemployment Rate (May, 2024)
3.4 %
Labor Force Size
3736
Number of Businesses
214
Average Annual Wage
$ 38316

Economy Structure

Population & Household section gives reader an outlook. of general population profile, structure, and outlook.

GDP

GDP (2022, Thousands)
$ 237734
GDP Per Capita
$ 38618
GDP Growth Rate (2022)
17.4 %
Average Growth Rate (2017-2022)
1.9 %
Goods Producing Contribution (%)
36%
Service Providing Contribution (%)
51.7%
Goverment Contribution
12.2%
GDP Historical Growth Rate
Source: Bureau of Economic Analysis | CAGDP2, CAGDP11
GDP by Sectors
Source: Bureau of Economic Analysis | CAGDP2, CAGDP11
GDP Growth by Sectors
Source: Bureau of Economic Analysis | CAGDP11

Monthly Employment

Total Labor Force
3736
Labor Force Growth
1.33%
Unemployment
127
Unemployment Rate
3.4%
Unemployment Rate
Source: Census.gov | S2301

Employment Profile

Employment Rate (20-64 y.o.)
67.2%
Employment Rate (with Bachelor's Degree)
80.7%
Employment Rate (75+ y.o.)
6.2%
Employment Rate (Black)
52.2%
Employment Rate (Female)
62.7%
Employment Rate by Segment
Source: Census.gov | S2301
Employent Rate Comparison
Source: Census.gov | S2301

Employment by Sectors

Number of Companies
214
Number of Employment
1427
Annual Average Wages
$ 38316
Wage CAGR (2010-2022)
Goods-producing (avg pay)
$ 45898
Service-providing (avg pay)
$ 37421
Historical Annual Average Wage
Source: BLS
Number of Establishments
Source: BLS
Company Indicators
Source: BLS

Income

Household Income (Mean)
$ 52458
Household Income (Median)
$ 64715
Per Capita Income
$ 27513
Per Capita Income Growth (2010-2022)
41.8 %
Gini Index
0.4014*
Poverty Rate
16.4 %
Per Capita Income
Source: Census.gov | B19301
Income Distribution by Household
Source: Census.gov