Summersville, WV Economy


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United States / West Virginia / No Metro Area / Nicholas County / Summersville / Zip Codes
Summersville, WV is a great place to live! With an average 2 bedroom rent of only $720 and a grocery cost index of 97, Summersville is more affordable than the US as a whole. It also has some great local businesses like Little General Store, St. Bernard Mining Company, and Summersville Lake Marina. These companies provide employment opportunities for the area as well as goods and services to the community. Summersville truly has something for everyone!

Summersville has an unemployment rate of 7.0%. The US average is 6.0%.

Summersville has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 11.7%, which is lower than the US average of 33.5%.

Tax Rates for Summersville
- The Sales Tax Rate for Summersville is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Summersville 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 Summersville
- The average income of a Summersville resident is $25,253 a year. The US average is $28,555 a year.
- The Median household income of a Summersville resident is $46,642 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySummersville, West VirginiaUnited States
  76
  -3.4%-6.2%
  11.7%33.5%
  6.0%6.2%
  6.0%4.6%
  $25,746$37,638
  $46,642$69,021
  $68,472$85,028
  Population by Occupation
  0.0%1.2%
  4.0%0.5%
  7.0%6.8%
  7.0%10.0%
  9.1%2.5%
  6.9%11.0%
  0.0%4.8%
  0.0%0.8%
  5.8%1.9%
  0.3%4.7%
  0.0%1.9%
  1.4%7.6%
  0.0%0.1%
  0.0%4.2%
  14.8%9.3%
  11.2%14.0%
  6.1%2.1%
  18.4%7.0%
  1.2%4.8%
  7.0%4.7%
Reviews for Summersville
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Over 5 years ago

I've lived in Summersville for over 20 years and I wouldn't recommend moving here. The job market is stagnant, the mindset is 50+ years out dated, the economy isn't  More

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Over 6 years ago

The lake is great but the culture is dated 50 years back. There's no cultural diversity, people are biggots, and a declining population. The youth have nothing to do  More

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