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Economy in Despard, West Virginia

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

Economy
EconomyDespard, WVUnited States
Unemployment Rate8.10%9.10%
Recent Job Growth0.03%-0.12%
Future Job Growth31.96%31.25%
Sales Taxes6.00%6.80%
Income Taxes6.50%6.25%
Income per Cap.$12,477$27,067
Household Income$24,712$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K29.06%12.10%
Income between 15K and 25K21.56%10.18%
Income between 25K and 35K8.13%10.56%
Income between 35K and 50K17.50%14.98%
Income between 50K and 75K20.63%19.53%
Income between 75K and 100K1.25%12.52%
Income between 100K and 150K1.88%12.14%
Income between 150K and 250K0.00%3.91%
Income between 250K and 500K0.00%3.34%
Income greater than 500K0.00%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations2.72%13.81%
Professional and Related Occupations19.73%22.68%
Service19.73%14.51%
Sales and Office24.49%25.22%
Farming, Fishing, and Forestry0.34%0.68%
Construction, Extraction, and Maintenance15.31%9.37%
Production, Transportation, and Material Moving11.90%15.86%
Median Household Income

The unemployment rate in Despard, WV, is 8.10%, with job growth of 0.03%. Future job growth over the next ten years is predicted to be 31.96%.

Despard, WV Taxes

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

Despard, WV Income and Salaries

The income per capita is $12,477, which includes all adults and children. The median household income is $24,712.


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