A new study has pegged Churchill County as the fourth most paycheck-friendly county in Nevada.
The study, by SmartAsset, an online service that connects consumers to financial advisors, ranks Churchill County behind only Lander, Lincoln, and Elko counties, with a paycheck friendliness index of 87.77.
The score was calculated assuming an annual income of $50,000, then comparing the purchasing power, unemployment rate and income growth in each county.
According to the study, Churchill County ranked second in the state in income growth, with a five-year median income growth rate of 4.6%. Lincoln County had the highest income growth rate of 7.6%.
Churchill County’s worst ranking in the study was purchasing power. Using household income divided by the cost of living, Churchill County ranked 10th with a score of 1.48. The county’s unemployment rate of 3.8% was tied for the fifth-lowest in the state, with Lander, Lincoln, and Mineral counties.
|
Rank |
County, State |
Semi-Monthly Paycheck |
Purchasing Power |
Unemployment Rate |
Income Growth |
Paycheck Friendliness index |
|
1 |
Lander, NV |
$1,676 |
2.18 |
3.8% |
2.8% |
92.38 |
|
2 |
Lincoln, NV |
$1,676 |
1.53 |
3.8% |
7.6% |
91.86 |
|
3 |
Elko, NV |
$1,676 |
2.04 |
3.5% |
2.4% |
90.75 |
|
4 |
Churchill, NV |
$1,676 |
1.48 |
3.8% |
4.6% |
87.77 |
|
5 |
Washoe, NV |
$1,676 |
1.58 |
4.9% |
4.1% |
86.90 |
|
6 |
Humboldt, NV |
$1,676 |
1.71 |
4.0% |
1.6% |
86.02 |
|
7 |
White Pine, NV |
$1,676 |
1.54 |
3.4% |
1.9% |
85.45 |
|
8 |
Eureka, NV |
$1,676 |
1.72 |
2.5% |
-0.4% |
85.41 |
|
9 |
Douglas, NV |
$1,676 |
1.63 |
5.0% |
2.5% |
85.29 |
|
10 |
Lyon, NV |
$1,676 |
1.48 |
6.0% |
3.8% |
84.30 |
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