Gary, WV Economy


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Gary, WV is a small town located in McDowell County in West Virginia. It is known for its beautiful scenery and friendly atmosphere. Despite its small size, Gary has a lot to offer, including several local businesses such as the Gary General Store, WV Country Store, and B&B Grocery Store. In addition to local amenities, Gary residents also benefit from low housing costs. The average two bedroom rent in Gary is only $640 per month which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Gary is 89 compared to 100 in the US making groceries more affordable for residents living there. All these factors make Gary an attractive choice for those looking for a cost-effective place to live with plenty of local amenities.

Gary has an unemployment rate of 9.7%. The US average is 6.0%.

Gary has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 15.9%, which is lower than the US average of 33.5%.

Tax Rates for Gary
- The Sales Tax Rate for Gary is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Gary 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 Gary
- The average income of a Gary resident is $18,788 a year. The US average is $28,555 a year.
- The Median household income of a Gary resident is $32,583 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGary, West VirginiaUnited States
  9.76
  -3.6%-6.2%
  15.9%33.5%
  6.0%6.2%
  6.0%4.6%
  $16,652$37,638
  $32,583$69,021
  $35,313$85,028
  Population by Occupation
  0.0%1.2%
  3.1%0.5%
  0.0%6.8%
  3.5%10.0%
  0.0%2.5%
  7.0%11.0%
  6.6%4.8%
  1.3%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  22.9%9.3%
  34.4%14.0%
  0.0%2.1%
  5.3%7.0%
  5.7%4.8%
  10.1%4.7%
Health
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