Noble County, Ohio

• Income gap: Households earn meaningfully less than the national median, which directly affects retail demand, housing absorption, and tax base.
• Talent gap: Bachelor's-or-higher attainment trails the national average by 20.0 pts, relevant for advanced-services attraction strategy.
• Aging population: Median age of 53 is materially above the U.S. norm; succession planning and senior-services demand are real factors.

• Largest sector: Retail Trade employs 236 workers (38.8% of tracked sectors), at an average wage of $22,215.
• Economic scale: Regional GDP of $580M (2024).
• Wage stratification: Professional, Scientific, and Technical Services averages $83,947 while Utilities averages $14,337, a 5.9x spread in the same local economy, with implications for workforce development and talent strategy.

• Top specialization: Mining (except Oil and Gas) concentrates at 18.36x the national norm, top-decile concentration, the kind of signature sector that defines a region's economic identity to site selectors.

• Affordable market: Home value to income ratio of 2.9x is well below the ~4.1x national average; supports talent attraction and family settlement narratives.
• High home ownership: 83.5% owner-occupied; rental supply may be tight for incoming workers.
• Elevated vacancy: 20.3% vacancy rate. In resort, rural, and seasonal markets much of this is recreational/seasonal (second homes), not available supply; confirm the vacancy-by-reason split before treating it as a redevelopment opportunity.
• Broadly affordable rents: All 5 HUD Fair Market Rent bedroom tiers sit below the 30%-of-median-income affordability threshold (~$1,402/mo), a clear cost-of-living advantage for workforce attraction.

• Succession risk is real: 35.8% of working-age residents are 55-64. Plan for retirements over the next decade and pair attraction strategy with talent retention.
• Low participation: 38.2% labor force participation suggests untapped capacity; workforce development programs may unlock supply.
• Talent pipeline: 6 regional institutions feed the workforce; the top three combined produce 39,395 annual credentials.

Noble County shows strong potential for mining (except oil and gas) attraction, with a 18.36x concentration and 67 jobs in this sub-sector. It ranks in the top decile nationally. Near-term succession risk is elevated, with 35.8% of the working-age population within 10 years of retirement age.