This paper examines pregnancy in early adolescence, among West Virginia females aged 10-14, as it relates to local economic and social contexts. Although research on adolescent pregnancy is substantial, it is generally limited to the experiences of older adolescents and premised on assumptions of methodological individualism--that the correlates of teen pregnancy can be construed as the characteristics of individual young women, their families, and occasionally their schools. In contrast, this paper suggests that social and economic contextual factors may be of primary importance in determining the incidence of adolescent pregnancy, and that contextual factors that encourage or discourage prudent sexual behaviors (such as perceived future prospects and sense of community) are relevant to younger, as well as older, adolescents. Analysis of data from West Virginia's 55 counties (which are coterminous with school districts) examined relationships of the birth rate among females aged 10-14 to economic opportunity (average job wage and unemployment rate), in-school community (school size), and "traditional" versus modern out-of-school community (a composite variable encompassing rurality, ethnicity, educational attainment, enrollment in college preparatory courses and in college, and extent of service sector jobs). Birth rates to females aged 10-14 were inversely related to job wages and positively related to secondary school size and "modern" community characteristics (those departing from traditional patterns of community organization). Contains 63 references and 4 data tables. (SV)