Elizabeth, WV Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Elizabeth, WV is an up-and-coming city located in the Appalachian Mountains with a rich culture and history. It offers affordable housing compared to other cities in the US, with average 2 bedroom rent costing only $770 as opposed to the national average of $1,430. The cost of living is also relatively lower than most places in the US as evidenced by its Grocery Cost Index of 96 compared to 100 nationally.
Elizabeth has many local businesses such as Mountain Creek Lodge & Cabins, Southwestern Community Action Council Inc., and Queen City Septic Tank Cleaning that contribute to its economy and culture. Its citizens enjoy a variety of activities such as hiking, fishing, camping and sightseeing due to its location within the Appalachian Mountains.
In conclusion, Elizabeth is an attractive place for people looking for easy access to nature while being able to enjoy affordable housing costs and low cost of living. For those looking for a change in scenery or simply wanting a relaxing lifestyle away from the hustle and bustle of city life, Elizabeth is definitely worth considering.

Elizabeth has an unemployment rate of 9.6%. The US average is 6.0%.

Elizabeth has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 19.9%, which is lower than the US average of 33.5%.

Tax Rates for Elizabeth
- The Sales Tax Rate for Elizabeth is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Elizabeth 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 Elizabeth
- The average income of a Elizabeth resident is $13,338 a year. The US average is $28,555 a year.
- The Median household income of a Elizabeth resident is $23,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyElizabeth, West VirginiaUnited States
  9.66
  -4.7%-6.2%
  19.9%33.5%
  6.0%6.2%
  6.0%4.6%
  $14,982$37,638
  $23,750$69,021
  $27,386$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  3.3%6.8%
  15.8%10.0%
  1.0%2.5%
  29.3%11.0%
  0.0%4.8%
  0.0%0.8%
  2.0%1.9%
  1.6%4.7%
  0.0%1.9%
  1.6%7.6%
  0.0%0.1%
  0.0%4.2%
  22.4%9.3%
  6.3%14.0%
  0.0%2.1%
  3.6%7.0%
  11.2%4.8%
  2.0%4.7%
Health
Compare Elizabeth, WV
cost of living
Compare food, housing, utilities, and more in Elizabeth, West Virginia to any other city in the US.