LotsCap

Economy Profile

Churchill County

  • Nevada State
  • October, 2024
TSAC-CFD-32001

Table of Content

Snapshot

-

GDP (2022, Thousands)
$ 1422197
AVG Real Growth (2017-2022)
1.38 %
Unemployment Rate (May, 2024)
5.7 %
Labor Force Size
10906
Number of Businesses
634
Average Annual Wage
$ 58350

Economy Structure

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

GDP

GDP (2022, Thousands)
$ 1422197
GDP Per Capita
$ 55972
GDP Growth Rate (2022)
-3.7 %
Average Growth Rate (2017-2022)
1.38 %
Goods Producing Contribution (%)
19.9%
Service Providing Contribution (%)
54%
Goverment Contribution
26.1%
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
10906
Labor Force Growth
0.6%
Unemployment
627
Unemployment Rate
5.7%
Unemployment Rate
Source: Census.gov | S2301

Employment Profile

Employment Rate (20-64 y.o.)
64.8%
Employment Rate (with Bachelor's Degree)
67.1%
Employment Rate (75+ y.o.)
6.1%
Employment Rate (Black)
29.7%
Employment Rate (Female)
61.8%
Employment Rate by Segment
Source: Census.gov | S2301
Employent Rate Comparison
Source: Census.gov | S2301

Employment by Sectors

Number of Companies
634
Number of Employment
8933
Annual Average Wages
$ 58350
Wage CAGR (2010-2022)
Goods-producing (avg pay)
$ 72021
Service-providing (avg pay)
$ 53934
Historical Annual Average Wage
Source: BLS
Number of Establishments
Source: BLS
Company Indicators
Source: BLS

Income

Household Income (Mean)
$ 69922
Household Income (Median)
$ 88441
Per Capita Income
$ 35869
Per Capita Income Growth (2010-2022)
56 %
Gini Index
0.4219*
Poverty Rate
9.9 %
Per Capita Income
Source: Census.gov | B19301
Income Distribution by Household
Source: Census.gov