Mining, Quarrying, and Oil and Gas Extraction in West Virginia

Mining, Quarrying, and Oil and Gas Extraction (NAICS 21) in West Virginia reports 20,020 workers across 438 establishments, with $2.1B of aggregate annual payroll flowing through Census CBP 2023 filings. That represents 3.6% of national employment for this industry — a concentration ratio that tells you whether West Virginia is a primary labor market for this NAICS code or a smaller satellite. A share above 5% signals a meaningful regional cluster; below 1% usually means the state is not a structural fit for this industry at scale.

Wage benchmarking is where state-level data earns its keep. The average annual compensation for Mining, Quarrying, and Oil and Gas Extraction employees in West Virginia is $102,866/yr, versus a national average of $115,081/yr. West Virginia pays below the national average for this industry — common in lower cost-of-living states or where the industry has a smaller, less specialized local workforce.

Profitability data is only available at the national level because the IRS Statistics of Income program does not publish state-level margin breakdowns. The national net profit margin for Mining, Quarrying, and Oil and Gas Extraction is 17.6%, and while margins do vary by state, the direction of variance usually follows labor cost and establishment size — both shown above. For a complete picture, pair this state-industry view with the Mining, Quarrying, and Oil and Gas Extraction national page (entity structure, SBA lending, sub-industries) and the West Virginia overview (top employers, payroll dispersion across industries).