Hillsboro, WV Economy


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United States / West Virginia / No Metro Area / Pocahontas County / Hillsboro / Zip Codes
Hillsboro, WV is a great place to live for those looking for affordability and a rural atmosphere. The average rent for a 2 bedroom apartment in Hillsboro is just $760, which is significantly lower than the U.S. average of $1,430 per month. The cost of groceries in Hillsboro is also relatively low compared to the national average, making living expenses very reasonable. The area is known as an outdoor paradise with many opportunities for camping, hunting and fishing available nearby.
The local economy of Hillsboro consists primarily of small businesses such as hardware stores, car dealerships and retail stores. There are also several manufacturing companies in the area such as Valley Manufacturing Company and D&D Contractors LLC that offer job opportunities to the local community. In addition to those options, there are also plenty of restaurants, cafes, bars and other eateries that offer employment in Hillsboro.

Hillsboro has an unemployment rate of 5.9%. The US average is 6.0%.

Hillsboro has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 39.5%, which is higher than the US average of 33.5%.

Tax Rates for Hillsboro
- The Sales Tax Rate for Hillsboro is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Hillsboro 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 Hillsboro
- The average income of a Hillsboro resident is $11,270 a year. The US average is $28,555 a year.
- The Median household income of a Hillsboro resident is $29,583 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHillsboro, West VirginiaUnited States
  5.96
  -5.8%-6.2%
  39.5%33.5%
  6.0%6.2%
  6.0%4.6%
  $16,206$37,638
  $29,583$69,021
  $37,083$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  25.0%6.8%
  0.0%10.0%
  6.3%2.5%
  9.4%11.0%
  9.4%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  3.1%4.2%
  3.1%9.3%
  21.9%14.0%
  0.0%2.1%
  0.0%7.0%
  6.3%4.8%
  15.6%4.7%
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