Zip 26150 (Mineral Wells, WV) Economy


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26150 Mineral Wells, WV is a small community located in Wood County. The median rent for a two-bedroom apartment in 26150 Mineral Wells is $910, which is significantly less than the US average of $1430. Furthermore, the grocery cost index in 26150 Mineral Wells is 101 versus 100 in the US.
The area has many local businesses including Country Cuts & Tanning, Meadows Auto Repair Services, Miller's Floorcovering Plus and Liza D'Antoni Photography. Country Cuts & Tanning offers hair styling and salon services while Meadows Auto Repair Services provides automotive repair and maintenance services to residents in the area. Miller's Floorcovering Plus carries an array of floor covering materials such as carpet, tile, hardwood and laminate flooring for home improvement projects while Liza D'Antoni Photography specializes in wedding photography services for couples getting married in the area.

Mineral Wells (zip 26150) has an unemployment rate of 6.7%. The US average is 6.0%.

Mineral Wells (zip 26150) has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 19.3%, which is lower than the US average of 33.5%.

Tax Rates for Mineral Wells (zip 26150)
- The Sales Tax Rate for Mineral Wells (zip 26150) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Mineral Wells (zip 26150) 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 Mineral Wells (zip 26150)
- The average income of a Mineral Wells (zip 26150) resident is $23,682 a year. The US average is $28,555 a year.
- The Median household income of a Mineral Wells (zip 26150) resident is $63,110 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMineral Wells, West VirginiaUnited States
  6.76
  -5.1%-6.2%
  19.3%33.5%
  6.0%6.2%
  6.0%4.6%
  $29,696$37,638
  $63,110$69,021
  $83,700$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  5.6%6.8%
  11.9%10.0%
  3.3%2.5%
  19.2%11.0%
  3.0%4.8%
  1.4%0.8%
  0.6%1.9%
  4.5%4.7%
  2.1%1.9%
  3.9%7.6%
  0.6%0.1%
  2.9%4.2%
  11.2%9.3%
  17.1%14.0%
  0.6%2.1%
  3.0%7.0%
  4.2%4.8%
  4.6%4.7%
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