Buckhannon, WV Economy


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United States / West Virginia / No Metro Area / Upshur County / Buckhannon / Zip Codes
Buckhannon, WV is a small town located in north-central West Virginia. It offers an affordable cost of living with a two bedroom rental costing $770 compared to the national average of $1,430. Grocery costs are also lower than the rest of the US with an index score of 98 compared to 100. The town is home to many local businesses such as Peddicord Rice Auction Company, Westside Automotive, and Goldenseal Real Estate Agency. Residents can enjoy outdoor activities at West Fork River Park or attend events at the Upshur County Fairgrounds. Buckhannon is a great place to live for those looking for an affordable lifestyle surrounded by friendly people and great amenities.

Buckhannon has an unemployment rate of 7.3%. The US average is 6.0%.

Buckhannon has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 26.6%, which is lower than the US average of 33.5%.

Tax Rates for Buckhannon
- The Sales Tax Rate for Buckhannon is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Buckhannon is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Buckhannon
- The average income of a Buckhannon resident is $17,836 a year. The US average is $28,555 a year.
- The Median household income of a Buckhannon resident is $46,602 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBuckhannon, West VirginiaUnited States
  7.36
  -4.1%-6.2%
  26.6%33.5%
  6.0%6.2%
  6.0%4.6%
  $24,173$37,638
  $46,602$69,021
  $60,975$85,028
  Population by Occupation
  1.2%1.2%
  6.7%0.5%
  3.0%6.8%
  6.3%10.0%
  1.2%2.5%
  12.2%11.0%
  5.8%4.8%
  0.7%0.8%
  0.4%1.9%
  1.5%4.7%
  1.2%1.9%
  7.8%7.6%
  0.0%0.1%
  2.0%4.2%
  15.0%9.3%
  19.0%14.0%
  0.8%2.1%
  9.5%7.0%
  3.2%4.8%
  2.6%4.7%
Reviews for Buckhannon
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Buckhannon is a descent little town that WV Wesleyan College is apart of. I went to college there and also was a resident there in town for a few years after graduating.  More

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Buckhannon has a small population of about 6,000 people, but in my time of growing up here I have seen, people stabbed at skate parks and public hangouts, any drug you  More

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