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2024 Compare Cities Economy:
Spencer, WV vs Morgantown, WV

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Highlights
- Household income in Morgantown, is 62% more than it is in Spencer and is 87% below the National Average.
- Spencer unemployment rate is 11.0%.
- Morgantown unemployment rate is 4.4%.

Economy
 Spencer, WVMorgantown, WVUnited States
 Unemployment Rate11.0%4.4%6.0%
 Recent Job Growth-0.5%2.2%1.6%
 Future Job Growth20.5%37.3%33.5%
 Sales Taxes6.0%6.0%6.2%
 Income Taxes6.0%6.0%4.6%
 Income per Cap.$19,599$26,824$37,638
 Household Income$22,772$36,991$69,021
 Family Median Income$39,583$84,008$85,028
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 Est. Households By Income
 Spencer, WVMorgantown, WVUnited States
 Income Less Than 15K33.7%26.8%9.4%
 Income between 15K and 20K8.8%5.4%3.8%
 Income between 20K and 30K19.1%10.3%8.1%
 Income between 30K and 40K8.9%8.9%8.0%
 Income between 40K and 50K3.0%6.2%7.6%
 Income between 50K and 60K1.2%6.5%7.2%
 Income between 60K and 75K5.6%5.6%9.6%
 Income between 75K and 100K5.7%8.0%12.8%
 Income between 100K and 150K8.7%12.9%16.3%
 Income between 150K and 200K3.6%4.0%7.8%
 Income greater than 200K1.5%5.5%9.5%
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 Population By Occupation
 Spencer, WVMorgantown, WVUnited States
 Management, business, finance5.2%10.1%16.4%
 Engineering, computers, science4.5%7.4%6.5%
 Community, social services2.9%1.7%1.8%
 Legal1.4%2.1%1.2%
 Education, library2.9%16.3%6.2%
 Arts, design, media, sports, entertainment0.0%3.5%2.0%
 Healthcare practitioners and technology14.0%6.3%6.2%
 Healthcare support2.4%1.8%3.3%
 Firefighters, law enforcement1.7%3.1%2.1%
 Food preparation, serving3.1%10.2%5.4%
 Building maintenance9.5%3.4%3.6%
 Personal care1.0%4.0%2.6%
 Sales, office, administrative support16.2%19.9%20.9%
 Farming, fishing, forestry0.0%0.0%0.6%
 Construction, extraction, maintenance/repair6.9%3.4%8.1%
 Production, transportation, material moving28.5%7.0%13.1%

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Reviews for Morgantown    16 Reviews

Morgantown is a vibrant classic American college town with a laid-back vibe. While the city and surrounding area are relatively small at about $150,000 people, residents  More

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Morgantown is a college town with many wonderful qualities, but for a retiree or someone on a fixed income, it is getting very expensive and crowded. The housing market  More

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Over 12 years ago

its a good small university town, however the cost of living varies especially rents on whether you live near to the campus or far away from wvu. there are only couple  More

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ZIPS IN SPENCER, WEST VIRGINIA
25276
ZIPS IN MORGANTOWN, WEST VIRGINIA
26505 26501

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