Warren County vs. North Carolina
Comparative Trends Analysis:
Average Earnings Per Job Growth and Change, 1969-2022
Introduction
Warren County vs. North Carolina
Warren County:
2022 Avg. Earnings = $35,666
2022 Percent of State = 54.17%
North Carolina:
2022 Avg. Earnings = $65,838
The United States economy has generated an impressive number of jobs since the 1970s. The contrast between the nation's vigorous employment growth and the modest performance of other major industrial countries is striking. Despite this rosy track record, the real (inflation adjusted) wages and salaries of many workers have stagnated or slipped in recent years. This development has provoked concerns about the quality of new jobs. Structural shifts in the composition of employment--from high-wage goods-producing to low-wage services-related sectors--is the culprit most often cited for the deteriorating quality of jobs.
Regions vary greatly in the make-up of their labor force, in their industry composition of employment, and their economic experience. Reviewing and examining recent developments in average earnings per job in Warren County with comparisons to North Carolina and the nation is an important first step in understanding the economic forces at play in Warren County.
Discussion: Average Annual Earnings Per Job are computed by dividing BEA total industry earnings estimates by the BEA total full- and part-time jobs estimates. No convenient or adequate means exist at the county or regional level for converting the job estimates to a full-time equivalent measure. So, interpret the average earnings per job estimates with caution in consideration of the following issues:
Average earnings per job within industries involving more part-time work is lower than industries involving more full-time work, although there could be little difference in the underlying wage of full-time workers. Such differences could also prevail between counties and regions. An increase in the proportion of part-time jobs over time may erode average earnings per job estimates, although full-time earnings per worker may have remained unchanged.
As with per capita income, average earnings per job may be subject to extreme short-run variation, especially in smaller counties. Major construction projects relating to building dams, nuclear power plants, and private plant construction projects have caused extreme fluctuations in many smaller counties. Such changes typify both small and large agriculture-dependent counties owing to the extreme annual variations in farm incomes. Also, Since average earnings per job are just a simple average, it does not account for variations in the distribution of earnings among high- vs. low-wage jobs.
Warren County Average Earnings Per Job, 1970-2022
Current vs. Constant Dollars
Warren County Average Earnings Per Job, 1970-2022
Current vs. Constant Dollars
Figure 1.
Figure 1 depicts Warren County's annual average earnings per job over 1970-2022 in current and constant (2017) dollars. Constant dollar measurements remove the effects of inflation. They allow for comparison of changes in the real purchasing power of Warren County over time.
When measured in current dollars, Warren County's average earnings per job increased 822.71%, from $3,865 in 1970 to $35,666 in 2022. When measured in constant 2017 dollars to adjust for inflation, it advanced 57.17%, from $19,556 in 1970 to $30,735 in 2022.
Real Average Earnings Per Job, 1969-2022
Real Average Earnings Per Job, 1969-2022
Figure 2.
Figure 2 traces Warren County's and North Carolina's annual real average earnings per job for the period 1969-2022 to illustrate real average earnings per job patterns over time. During this 54-year period, Warren County's real average earnings per job rose from $18,216 in 1969 to $30,735 in 2022, for a net gain of $12,519, or 68.72%. In comparison, North Carolina's real average earnings per job advanced from $29,507 in 1969 to $56,736 in 2022, for a net advance of $27,229, or 92.28%.
Real Average Earnings Per Job Indices (1969=100): 1969-2022
Real Average Earnings Per Job Indices (1969=100): 1969-2022
Figure 3.
Figure 3 portrays Warren County's real average earnings per job growth in a broader context by offering direct comparisons across time with North Carolina, the United States. The growth indices shown here express each region's real average earnings per job in 1969 as a base figure of 100, and the real average earnings per jobs in later years as a percentage of the 1969 base figure. This method allows for more direct comparison of differences in real average earnings per job growth between regions that may differ vastly in size.
Warren County's overall real average earnings per job growth was 68.72% over 1969-2022 trailed North Carolina's increase of 92.28%, and outpaced the United States' increase of 62.26%.
Average Earnings Per Job as a Percent of the U.S. Average: 1969-2022
Average Earnings Per Job as a Percent of the U.S. Average: 1969-2022
Figure 4.
Figure 4 depicts the trends for average earnings per job relative to the national average by tracing Warren County and North Carolina average earnings per job as a percent of the national average over 1969-2022.
In 1969, Warren County's average earnings per job amounted to 47.91% of the national average; in 2022, it approximated 49.82%. Similarly, in 1969, North Carolina's average earnings per job totaled 77.61% of the national average; in 2022, it consisted of 91.97%.
Warren County Real Average Earnings Per Job:
Annual Percent Change, 1970-2022
Warren County Real Average Earnings Per Job:
Annual Percent Change, 1970-2022
Figure 5.
Figure 5 shows the short-run pattern of Warren County's real average earnings per job growth by tracking the year-to-year percent change over 1970-2022. The average annual percent change for the entire 53-year period is also illustrated on this chart to provide a benchmark for gauging periods of relative high--and relative low--growth against the backdrop of the long-term average.
On average, Warren County's real average earnings per job grew at an annual rate of 1.18% over 1970-2022. The county recorded its highest growth in 1976 (12.33%) and recorded its lowest growth in 2002 (-11.33%). In 2022, Warren County's real average earnings per job declined by -7.67%
Warren County Real Average Earnings Per Job:
Annual Percent Change and Decade Averages Over 1970-2022
Warren County Real Average Earnings Per Job:
Annual Percent Change and Decade Averages Over 1970-2022
Figure 6.
Over the past five decades some counties have experienced extreme swings in growth, and often such swings have tended to coincide with the decades themselves. Figure 6 again shows the annual percent change in Warren County's real average earnings per job since 1970, but this time they are overlayed with average growth rates for the decade of the 1970s, 1980s, 1990s, 2000s, 2010s, and 2020-2022.
During the 1970s, Warren County's annual real average earnings per job growth rate averaged 1.54%. It averaged 3.50% in the 1980s, 2.28% during the 1990s, 0.87% in the 2000s, -1.73% in the 2010s, -0.61% thus far this decade (2020-2022).
Real Average Earnings Per Job Growth:
Average Annual Percent Change by Decade
Real Average Earnings Per Job Growth:
Average Annual Percent Change by Decade
Figure 7.
Figure 7 compares the decade average growth rates for Warren County noted in the previous graph with the corresponding decade averages for North Carolina and the nation. As the chart reveals, Warren County's average annual real average earnings per job growth outperformed North Carolina's average during the 1970s (1.54% vs. 1.34%), topped North Carolina's average during the 1980s (3.50% vs. 1.48%), exceeded North Carolina's average during the 1990s (2.28% vs. 1.76%), amounted to less than North Carolina's average throughout the 2000s (0.87% vs. 1.28%), recorded under North Carolina's average throughout the 2010s (-1.73% vs. 0.58%), and amounted to less than North Carolina's average over the 3 year period of the current decade, 2020-2022 (-0.61% vs. 0.79%).
Finally, relative to nationwide real average earnings per job growth trends, Warren County registered above the nation during the 1970s (1.54% vs. 0.89%), outperformed the nation during the 1980s (3.50% vs. 0.71%), exceeded the nation throughout the 1990s (2.28% vs. 1.68%), led the nation throughout the 2000s (0.87% vs. 0.72%), fell under the nation throughout the 2010s (-1.73% vs. 1.01%), and recorded underneath the nation over 2020-2022 (-0.61% vs. -0.24%).
   
 
Real* Average Earnings Per Job Growth:
Average Annual Percent Change
 
 
 
1.18
1.54
3.50
2.28
0.87
-1.73
-0.61
-7.67
 
1.26
1.34
1.48
1.76
1.28
0.58
0.79
-2.13
 
0.93
0.89
0.71
1.68
0.72
1.01
-0.24
-4.51
 
   

Interactive TableTip: To augment your analysis click on the column headers in the following table to rank and/or sort the data.

   
 
Warren County:
Average Earnings Per Job, 1969-2022
 
1969
 
3,440
0.189
18,216
100.0
N
61.74
47.91
1970
 
3,865
0.198
19,556
107.4
7.35
65.07
50.89
1971
 
4,247
0.206
20,611
113.1
5.40
66.49
52.41
1972
 
4,832
0.213
22,675
124.5
10.02
69.40
55.60
1973
 
5,277
0.225
23,499
129.0
3.63
69.46
56.52
1974
 
5,549
0.248
22,381
122.9
-4.76
68.10
55.89
1975
 
5,594
0.269
20,826
114.3
-6.95
63.41
52.22
1976
 
6,628
0.283
23,393
128.4
12.33
69.70
57.39
1977
 
6,338
0.302
21,003
115.3
-10.22
62.87
51.06
1978
 
7,328
0.323
22,706
124.6
8.11
66.09
54.46
1979
 
7,217
0.351
20,537
112.7
-9.55
61.09
49.54
1980
 
8,894
0.389
22,848
125.4
11.26
69.20
56.81
1981
 
10,399
0.424
24,517
134.6
7.30
73.49
60.93
1982
 
9,803
0.448
21,896
120.2
-10.69
65.40
54.49
1983
 
9,545
0.467
20,450
112.3
-6.60
59.91
50.45
1984
 
11,028
0.484
22,766
125.0
11.33
63.96
54.64
1985
 
11,082
0.501
22,108
121.4
-2.89
61.08
52.45
1986
 
12,175
0.512
23,770
130.5
7.52
63.80
55.15
1987
 
13,681
0.528
25,909
142.2
9.00
67.90
59.16
1988
 
14,726
0.549
26,841
147.3
3.60
69.38
60.33
1989
 
16,162
0.573
28,225
154.9
5.16
72.54
63.48
1990
 
17,290
0.598
28,926
158.8
2.48
74.60
65.00
1991
 
18,141
0.618
29,367
161.2
1.52
74.83
65.88
1992
 
19,694
0.634
31,054
170.5
5.74
76.09
67.04
1993
 
21,278
0.650
32,736
179.7
5.42
79.83
70.69
1994
 
21,441
0.664
32,312
177.4
-1.29
77.46
69.37
1995
 
22,454
0.678
33,140
181.9
2.56
79.37
71.05
1996
 
22,624
0.692
32,692
179.5
-1.35
77.27
68.95
1997
 
23,435
0.704
33,285
182.7
1.81
76.78
68.49
1998
 
25,104
0.710
35,375
194.2
6.28
78.47
69.71
1999
 
25,381
0.720
35,251
193.5
-0.35
76.21
67.23
2000
 
25,887
0.738
35,066
192.5
-0.52
74.29
64.87
2001
 
28,046
0.753
37,245
204.5
6.21
78.21
67.62
2002
 
25,194
0.763
33,024
181.3
-11.33
69.22
59.41
2003
 
27,167
0.779
34,877
191.5
5.61
71.87
62.23
2004
 
30,137
0.798
37,753
207.2
8.25
75.51
66.30
2005
 
29,970
0.821
36,493
200.3
-3.34
72.15
64.25
2006
 
30,708
0.844
36,367
199.6
-0.34
70.25
63.39
2007
 
30,368
0.866
35,064
192.5
-3.58
67.34
61.50
2008
 
33,542
0.892
37,616
206.5
7.28
70.34
66.69
2009
 
33,600
0.889
37,787
207.4
0.45
72.01
67.15
2010
 
34,999
0.905
38,667
212.3
2.33
74.12
67.06
2011
 
34,326
0.928
36,988
203.0
-4.34
73.41
64.00
2012
 
36,558
0.945
38,672
212.3
4.55
73.60
66.40
2013
 
33,402
0.958
34,874
191.4
-9.82
68.42
59.82
2014
 
34,343
0.971
35,361
194.1
1.40
68.51
60.26
2015
 
32,586
0.973
33,490
183.8
-5.29
63.48
56.18
2016
 
31,776
0.983
32,331
177.5
-3.46
61.09
54.34
2017
 
32,494
1.000
32,494
178.4
0.51
60.60
53.86
2018
 
31,654
1.020
31,019
170.3
-4.54
57.56
50.97
2019
 
32,544
1.035
31,440
172.6
1.36
56.69
50.52
2020
 
34,635
1.046
33,100
181.7
5.28
57.35
51.40
2021
 
36,284
1.090
33,287
182.7
0.57
57.42
51.52
2022
 
35,666
1.160
30,735
168.7
-7.67
54.17
49.82
Source: Calculations by the North Carolina Regional Economic Analysis Project (NC-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
November 2023
REAP_PI_CA1400_1400_PSN
 
   

Interactive TableTip: To augment your analysis click on the column headers in the following table to rank and/or sort the data.

   
 
North Carolina:
Average Earnings Per Job, 1969-2022
 
1969
 
5,572
0.189
29,507
100.0
N
77.61
1970
 
5,941
0.198
30,055
101.9
1.86
78.21
1971
 
6,387
0.206
30,998
105.1
3.14
78.82
1972
 
6,962
0.213
32,675
110.7
5.41
80.11
1973
 
7,596
0.225
33,829
114.6
3.53
81.36
1974
 
8,148
0.248
32,864
111.4
-2.85
82.07
1975
 
8,821
0.269
32,840
111.3
-0.07
82.34
1976
 
9,510
0.283
33,565
113.8
2.21
82.35
1977
 
10,080
0.302
33,404
113.2
-0.48
81.21
1978
 
11,088
0.323
34,355
116.4
2.84
82.40
1979
 
11,814
0.351
33,617
113.9
-2.15
81.09
1980
 
12,853
0.389
33,017
111.9
-1.78
82.09
1981
 
14,150
0.424
33,360
113.1
1.04
82.91
1982
 
14,990
0.448
33,481
113.5
0.36
83.32
1983
 
15,933
0.467
34,135
115.7
1.96
84.21
1984
 
17,242
0.484
35,596
120.6
4.28
85.44
1985
 
18,144
0.501
36,196
122.7
1.69
85.87
1986
 
19,082
0.512
37,255
126.3
2.93
86.43
1987
 
20,149
0.528
38,159
129.3
2.43
87.12
1988
 
21,226
0.549
38,687
131.1
1.38
86.96
1989
 
22,279
0.573
38,908
131.9
0.57
87.51
1990
 
23,179
0.598
38,777
131.4
-0.34
87.14
1991
 
24,244
0.618
39,246
133.0
1.21
88.04
1992
 
25,882
0.634
40,811
138.3
3.99
88.10
1993
 
26,656
0.650
41,009
139.0
0.49
88.56
1994
 
27,681
0.664
41,715
141.4
1.72
89.56
1995
 
28,290
0.678
41,753
141.5
0.09
89.51
1996
 
29,278
0.692
42,307
143.4
1.33
89.23
1997
 
30,523
0.704
43,352
146.9
2.47
89.20
1998
 
31,992
0.710
45,080
152.8
3.99
88.84
1999
 
33,306
0.720
46,258
156.8
2.61
88.22
2000
 
34,845
0.738
47,202
160.0
2.04
87.33
2001
 
35,859
0.753
47,620
161.4
0.89
86.46
2002
 
36,398
0.763
47,710
161.7
0.19
85.83
2003
 
37,801
0.779
48,528
164.5
1.72
86.59
2004
 
39,909
0.798
49,995
169.4
3.02
87.80
2005
 
41,538
0.821
50,578
171.4
1.17
89.05
2006
 
43,713
0.844
51,768
175.4
2.35
90.24
2007
 
45,096
0.866
52,070
176.5
0.58
91.32
2008
 
47,688
0.892
53,479
181.2
2.71
94.81
2009
 
46,658
0.889
52,472
177.8
-1.88
93.24
2010
 
47,221
0.905
52,169
176.8
-0.58
90.48
2011
 
46,760
0.928
50,386
170.8
-3.42
87.18
2012
 
49,669
0.945
52,541
178.1
4.28
90.21
2013
 
48,819
0.958
50,969
172.7
-2.99
87.43
2014
 
50,130
0.971
51,616
174.9
1.27
87.96
2015
 
51,332
0.973
52,757
178.8
2.21
88.50
2016
 
52,012
0.983
52,920
179.3
0.31
88.94
2017
 
53,621
1.000
53,621
181.7
1.33
88.88
2018
 
54,991
1.020
53,888
182.6
0.50
88.55
2019
 
57,411
1.035
55,462
188.0
2.92
89.12
2020
 
60,397
1.046
57,722
195.6
4.07
89.64
2021
 
63,191
1.090
57,973
196.5
0.44
89.73
2022
 
65,838
1.160
56,736
192.3
-2.13
91.97
Source: Calculations by the North Carolina Regional Economic Analysis Project (NC-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
November 2023
REAP_PI_CA1400_1400_PSN
 
   

Interactive TableTip: To augment your analysis click on the column headers in the following table to rank and/or sort the data.

   
 
United States:
Average Earnings Per Job, 1969-2022
 
1969
 
7,179
0.189
38,018
100.0
N
1970
 
7,596
0.198
38,430
101.1
1.08
1971
 
8,103
0.206
39,326
103.4
2.33
1972
 
8,691
0.213
40,786
107.3
3.71
1973
 
9,336
0.225
41,579
109.4
1.94
1974
 
9,928
0.248
40,044
105.3
-3.69
1975
 
10,713
0.269
39,883
104.9
-0.40
1976
 
11,549
0.283
40,761
107.2
2.20
1977
 
12,412
0.302
41,131
108.2
0.91
1978
 
13,457
0.323
41,694
109.7
1.37
1979
 
14,568
0.351
41,454
109.0
-0.58
1980
 
15,657
0.389
40,220
105.8
-2.98
1981
 
17,066
0.424
40,237
105.8
0.04
1982
 
17,989
0.448
40,181
105.7
-0.14
1983
 
18,920
0.467
40,535
106.6
0.88
1984
 
20,181
0.484
41,663
109.6
2.78
1985
 
21,130
0.501
42,152
110.9
1.17
1986
 
22,078
0.512
43,104
113.4
2.26
1987
 
23,126
0.528
43,799
115.2
1.61
1988
 
24,408
0.549
44,487
117.0
1.57
1989
 
25,460
0.573
44,462
117.0
-0.05
1990
 
26,599
0.598
44,498
117.0
0.08
1991
 
27,537
0.618
44,577
117.3
0.18
1992
 
29,378
0.634
46,323
121.8
3.92
1993
 
30,101
0.650
46,309
121.8
-0.03
1994
 
30,909
0.664
46,580
122.5
0.59
1995
 
31,605
0.678
46,646
122.7
0.14
1996
 
32,810
0.692
47,411
124.7
1.64
1997
 
34,218
0.704
48,600
127.8
2.51
1998
 
36,011
0.710
50,743
133.5
4.41
1999
 
37,751
0.720
52,432
137.9
3.33
2000
 
39,903
0.738
54,053
142.2
3.09
2001
 
41,477
0.753
55,080
144.9
1.90
2002
 
42,406
0.763
55,584
146.2
0.92
2003
 
43,655
0.779
56,045
147.4
0.83
2004
 
45,456
0.798
56,943
149.8
1.60
2005
 
46,648
0.821
56,800
149.4
-0.25
2006
 
48,442
0.844
57,368
150.9
1.00
2007
 
49,382
0.866
57,019
150.0
-0.61
2008
 
50,298
0.892
56,407
148.4
-1.07
2009
 
50,041
0.889
56,276
148.0
-0.23
2010
 
52,191
0.905
57,661
151.7
2.46
2011
 
53,633
0.928
57,792
152.0
0.23
2012
 
55,061
0.945
58,245
153.2
0.78
2013
 
55,837
0.958
58,296
153.3
0.09
2014
 
56,990
0.971
58,680
154.3
0.66
2015
 
58,005
0.973
59,615
156.8
1.59
2016
 
58,480
0.983
59,501
156.5
-0.19
2017
 
60,329
1.000
60,329
158.7
1.39
2018
 
62,102
1.020
60,856
160.1
0.87
2019
 
64,419
1.035
62,233
163.7
2.26
2020
 
67,378
1.046
64,393
169.4
3.47
2021
 
70,421
1.090
64,606
169.9
0.33
2022
 
71,586
1.160
61,690
162.3
-4.51
Source: Calculations by the North Carolina Regional Economic Analysis Project (NC-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
November 2023
REAP_PI_CA1400_1400_PN
 
   
Copyright © 2023. Pacific Northwest Regional Economic Analysis Project (PNREAP). All Rights Reserved.

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To offer the most comprehensive set of interactive options in support of your research, NC-REAP calculates and crunches most of the data and generates the narrative and graphic analysis on demand in response to your request.
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