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Economy in Benwood, West Virginia

Overview, People, Health, Economy, Housing, Rankings, Crime
Climate, Education, Transportation, Cost of Living, Religion, Voting

Economy
EconomyBenwood, WVUnited States
Unemployment Rate11.40%9.10%
Recent Job Growth-0.90%-0.12%
Future Job Growth26.80%31.25%
Sales Taxes6.00%6.80%
Income Taxes6.50%6.25%
Income per Cap.$16,366$27,067
Household Income$24,589$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K31.22%12.10%
Income between 15K and 25K19.63%10.18%
Income between 25K and 35K13.14%10.56%
Income between 35K and 50K10.82%14.98%
Income between 50K and 75K13.29%19.53%
Income between 75K and 100K8.96%12.52%
Income between 100K and 150K2.31%12.14%
Income between 150K and 250K0.00%3.91%
Income between 250K and 500K0.46%3.34%
Income greater than 500K0.15%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations6.89%13.81%
Professional and Related Occupations13.59%22.68%
Service21.79%14.51%
Sales and Office28.31%25.22%
Farming, Fishing, and Forestry0.00%0.68%
Construction, Extraction, and Maintenance11.36%9.37%
Production, Transportation, and Material Moving22.72%15.86%
Median Household Income

The unemployment rate in Benwood, WV, is 11.40%, with job growth of -0.90%. Future job growth over the next ten years is predicted to be 26.80%.

Benwood, WV Taxes

Benwood, WV,sales tax rate is 6.00%. Income tax is 6.50%.

Benwood, WV Income and Salaries

The income per capita is $16,366, which includes all adults and children. The median household income is $24,589.


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