Shannondale, WV Economy


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Shannondale, WV is an ideal place to live for those looking for a reasonable cost of living. With a two bedroom apartment averaging $1,100 in rent and the Grocery Cost Index at 106 versus 100 in the US, Shannondale provides great value. Not only that, but there are plenty of local companies and amenities to enjoy. The area has large businesses such as Walmart as well as smaller shops like Shannondale Plaza Shopping Center and Hunters Woods Village Center. Additionally, there are plenty of outdoor activities available with the C&O Canal National Historical Park nearby.

Shannondale has an unemployment rate of 3.8%. The US average is 6.0%.

Shannondale has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 35.5%, which is higher than the US average of 33.5%.

Tax Rates for Shannondale
- The Sales Tax Rate for Shannondale is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Shannondale 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 Shannondale
- The average income of a Shannondale resident is $30,400 a year. The US average is $28,555 a year.
- The Median household income of a Shannondale resident is $74,866 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyShannondale, West VirginiaUnited States
  3.86
  -4.6%-6.2%
  35.5%33.5%
  6.0%6.2%
  6.0%4.6%
  $39,008$37,638
  $74,866$69,021
  $90,391$85,028
  Population by Occupation
  0.0%1.2%
  2.0%0.5%
  14.4%6.8%
  1.3%10.0%
  2.8%2.5%
  6.6%11.0%
  4.8%4.8%
  0.0%0.8%
  3.9%1.9%
  2.4%4.7%
  2.6%1.9%
  12.8%7.6%
  0.5%0.1%
  8.5%4.2%
  6.8%9.3%
  6.5%14.0%
  3.3%2.1%
  10.2%7.0%
  5.3%4.8%
  5.6%4.7%
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