Bayard, WV Economy


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United States / West Virginia / No Metro Area / Grant County / Bayard / Zip Codes
Bayard, WV is a small town located in the Appalachian Mountains. The town has a population of around 300 people and offers a peaceful, rural lifestyle for its residents. Rent for two bedroom apartments in Bayard, WV is significantly lower than the US average at $660 versus $1,430. Additionally, groceries in Bayard are more affordable as the cost index is 96 compared to the US average of 100. Local companies and attractions include an outdoor adventure center, an auto-repair shop, and several parks and trails for hiking.

Bayard has an unemployment rate of 5.2%. The US average is 6.0%.

Bayard has seen the job market increase by 0.0% over the last year. Future job growth over the next ten years is predicted to be 30.3%, which is lower than the US average of 33.5%.

Tax Rates for Bayard
- The Sales Tax Rate for Bayard is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Bayard 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 Bayard
- The average income of a Bayard resident is $20,859 a year. The US average is $37,638 a year.
- The Median household income of a Bayard resident is $28,125 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBayard, West VirginiaUnited States
  5.26
  -1.2%-6.2%
  30.3%33.5%
  6.0%6.2%
  6.0%4.6%
  $20,859$37,638
  $28,125$69,021
  $57,500$85,028
  Population by Occupation
  0.0%1.2%
  1.9%0.5%
  15.7%6.8%
  12.0%10.0%
  0.0%2.5%
  25.9%11.0%
  3.7%4.8%
  0.0%0.8%
  2.8%1.9%
  0.0%4.7%
  0.0%1.9%
  5.6%7.6%
  0.0%0.1%
  12.0%4.2%
  8.3%9.3%
  4.6%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  7.4%4.7%
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