Wealth Index
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
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Income Statistics Overview
| Metric | Nicholas County | West Virginia Avg | US Average |
|---|---|---|---|
| Median Household Income | $49,173 | $57,886 | $78,145 |
| Median Personal Income | $49,173 | $57,886 | $78,145 |
| Average income growth | 3.2% | 3.2% | 3.2% |
Household Income Trend
Median Household Income Over Time
Nicholas County
United States
Economic Inequality in Nicholas County | Gender Pay Gap | Gini Index
| Metric | Nicholas County | West Virginia Avg | US Average |
|---|---|---|---|
| Gini Index | 0.540 | 0.560 | 0.570 |
| Male Median Income | $67,022 | $59,493 | $67,746 |
| Female Median Income | $34,687 | $45,763 | $54,793 |
| Gender Pay Gap | 48.2% | 23.1% | 19.1% |
Income by Sex Over Time
Male
Female
Employment
| Metric | Nicholas County | West Virginia Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 8.6% | 5.7% | 5.2% |
| Working from Home | 3.8% | 8.0% | 13.4% |
| Commute time (minutes) | 22 | 21 | 22 |
Unemployment Rate Over Time
Nicholas County
United States