Zip 26508 (Morgantown, WV) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
26508 Morgantown, WV is a great place to call home. The cost of living is much lower than the US average, with 2 bedroom rent at just $1,070 compared to the US average of $1,430. Groceries also have a lower price index in 26508 Morgantown, WV at 104 compared to the US's 100. Local companies in the area include Mylan Pharmaceuticals Inc., Mon Health System, and United Bank. There are many opportunities for employment in these businesses or many other industries available in the town. Living here can help you save money while still enjoying all that Morgantown has to offer!

Morgantown (zip 26508) has an unemployment rate of 4.3%. The US average is 6.0%.

Morgantown (zip 26508) has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 37.8%, which is higher than the US average of 33.5%.

Tax Rates for Morgantown (zip 26508)
- The Sales Tax Rate for Morgantown (zip 26508) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Morgantown (zip 26508) 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 Morgantown (zip 26508)
- The average income of a Morgantown (zip 26508) resident is $32,969 a year. The US average is $28,555 a year.
- The Median household income of a Morgantown (zip 26508) resident is $75,576 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMorgantown, West VirginiaUnited States
  4.36
  -3.3%-6.2%
  37.8%33.5%
  6.0%6.2%
  6.0%4.6%
  $45,383$37,638
  $75,576$69,021
  $106,967$85,028
  Population by Occupation
  0.2%1.2%
  2.9%0.5%
  3.1%6.8%
  6.8%10.0%
  1.2%2.5%
  9.0%11.0%
  2.5%4.8%
  1.1%0.8%
  1.6%1.9%
  3.2%4.7%
  1.6%1.9%
  8.5%7.6%
  0.0%0.1%
  3.3%4.2%
  15.6%9.3%
  20.1%14.0%
  1.2%2.1%
  7.9%7.0%
  4.6%4.8%
  5.5%4.7%
Health