Martinsburg, WV Economy


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Martinsburg, WV is an ideal location for those looking to relocate. It offers lower-than-average rent for two-bedroom homes at $1,080 compared to the US average of $1,430. Additionally, groceries are more cost effective in Martinsburg with a grocery cost index of 104 compared to 100 in the US. There are many local companies located in Martinsburg such as City Hospital Inc., Bedington Supply Co., Boyd's Tire & Auto Service Inc., and Imboden Creek Gardens LLC. All these businesses provide quality goods and services to the local community and beyond.

Martinsburg has an unemployment rate of 4.4%. The US average is 6.0%.

Martinsburg has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 32.4%, which is lower than the US average of 33.5%.

Tax Rates for Martinsburg
- The Sales Tax Rate for Martinsburg is 6.2%. The US average is 7.3%.
- The Income Tax Rate for Martinsburg 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 Martinsburg
- The average income of a Martinsburg resident is $20,698 a year. The US average is $28,555 a year.
- The Median household income of a Martinsburg resident is $45,901 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMartinsburg, West VirginiaUnited States
  4.46
  -4.1%-6.2%
  32.4%33.5%
  6.0%6.2%
  6.0%4.6%
  $27,858$37,638
  $45,901$69,021
  $60,345$85,028
  Population by Occupation
  0.0%1.2%
  0.2%0.5%
  7.4%6.8%
  11.5%10.0%
  1.4%2.5%
  15.3%11.0%
  11.2%4.8%
  0.4%0.8%
  1.5%1.9%
  2.4%4.7%
  1.1%1.9%
  4.2%7.6%
  0.0%0.1%
  6.5%4.2%
  7.0%9.3%
  8.5%14.0%
  1.0%2.1%
  9.7%7.0%
  3.8%4.8%
  6.7%4.7%
Reviews for Martinsburg
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We moved to Martinsburg for retirement, and we love it. Unfortunately, I have to agree with the other comments in this list. People are unlikely to stay, given the lack  More

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Over 4 years ago

I've lived here for seven years and I love it here. People talk about crime however the majority of it is drug use and is a national problem. The police do a pretty  More

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I have lived in the area since 2001. This is an honest review: The Good and Bad: 1. At least there are no ridiculous riots going on. People here have some sense.  More

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