New Cumberland, WV Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
New Cumberland, WV is a great place to live. It has a small-town feel with plenty of amenities. The housing costs in New Cumberland are substantially lower than the national average, with a two-bedroom rental rate of $790 compared to $1,430 for the US as a whole. Additionally, the Grocery Cost Index in this city is 97 versus 100 in the US which makes it much more affordable to eat at home.
Some of the local companies you can find in New Cumberland include Walnut Street Inn, American Pride Mortgage Group, E&K Automotive Repair, and Carolina Home Care Services. These businesses provide high quality services and products to locals which help make life more enjoyable.

New Cumberland has an unemployment rate of 7.5%. The US average is 6.0%.

New Cumberland 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 20.1%, which is lower than the US average of 33.5%.

Tax Rates for New Cumberland
- The Sales Tax Rate for New Cumberland is 6.0%. The US average is 7.3%.
- The Income Tax Rate for New Cumberland 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 New Cumberland
- The average income of a New Cumberland resident is $17,031 a year. The US average is $28,555 a year.
- The Median household income of a New Cumberland resident is $32,625 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNew Cumberland, West VirginiaUnited States
  7.56
  -5.1%-6.2%
  20.1%33.5%
  6.0%6.2%
  6.0%4.6%
  $22,005$37,638
  $32,625$69,021
  $52,292$85,028
  Population by Occupation
  5.8%1.2%
  0.0%0.5%
  5.8%6.8%
  13.9%10.0%
  0.0%2.5%
  13.4%11.0%
  3.5%4.8%
  3.5%0.8%
  0.0%1.9%
  1.4%4.7%
  2.1%1.9%
  1.4%7.6%
  0.0%0.1%
  0.7%4.2%
  11.6%9.3%
  9.0%14.0%
  7.9%2.1%
  8.6%7.0%
  5.3%4.8%
  6.3%4.7%
Reviews for New Cumberland
    See all ()

Over 16 years ago

New Cumberland is the county seat for Hancock County, WV. The small town runs along the Ohio River with part of the housing near the river in the flood plane and the  More

   |    Reply

Start Your Review of New Cumberland

Health
Compare New Cumberland, WV
cost of living
Compare food, housing, utilities, and more in New Cumberland, West Virginia to any other city in the US.