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Economy in West Virginia

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Economy
EconomyWest Virginia, WVUnited States
Unemployment Rate9.70%9.10%
Recent Job Growth-0.91%-0.12%
Future Job Growth28.48%31.25%
Sales Taxes6.00%6.80%
Income Taxes6.50%6.25%
Income per Cap.$21,982$27,067
Household Income$38,943$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K18.57%12.10%
Income between 15K and 25K14.40%10.18%
Income between 25K and 35K12.88%10.56%
Income between 35K and 50K15.98%14.98%
Income between 50K and 75K17.82%19.53%
Income between 75K and 100K9.64%12.52%
Income between 100K and 150K7.19%12.14%
Income between 150K and 250K1.82%3.91%
Income between 250K and 500K1.40%3.34%
Income greater than 500K0.30%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations9.95%13.81%
Professional and Related Occupations21.25%22.68%
Service14.94%14.51%
Sales and Office23.50%25.22%
Farming, Fishing, and Forestry0.55%0.68%
Construction, Extraction, and Maintenance12.59%9.37%
Production, Transportation, and Material Moving17.83%15.86%
Median Household Income

The unemployment rate in West Virginia, WV, is 9.70%, with job growth of -0.91%. Future job growth over the next ten years is predicted to be 28.48%.

West Virginia, WV Taxes

West Virginia, WV,sales tax rate is 6.00%. Income tax is 6.50%.

West Virginia, WV Income and Salaries

The income per capita is $21,982, which includes all adults and children. The median household income is $38,943.


West Virginia Economy SperlingViews

Business: West Virginia has one of the worst climates for business. We ranked last out of the entire united states in the most business friendly climate. This ranks the size of... (read more)Summersville, WV: Finding a job that pays enough to support a family is next to impossible in this... (read more)re: Beautiful State but very low in quality of lif: Do NOT move to WV. We retired and moved here 6 years ago. Now we find ourselves in the middle of the Marcellus shale region and the out of state natural gas drilling... (read more)Have an opinion about West Virginia? Leave a commentTo See All SperlingViews for West Virginia Click Here