Bud, WV Economy


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Bud, WV is a small community located in the eastern panhandle of West Virginia. The town has a population of about 400 people and is known for its rural charm and beautiful countryside. Rent for a 2 bedroom apartment in Bud is $560 which is significantly lower than the national average of $1,430. This could be an ideal place to live for those looking for affordable housing. The cost of groceries in Bud also tends to be cheaper compared to the US with a Grocery Cost Index of 95 versus 100 in the US.
The local economy provides employment opportunities through various businesses such as Heartland Properties, Inc., Valley Health Systems, and Doc's Deli & Grill, as well as nearby industries such as the Procter & Gamble plant in Martinsburg. With its affordability and charming atmosphere, Bud may be an attractive place to live for individuals looking for a respite from city life.

Bud has an unemployment rate of 7.8%. The US average is 6.0%.

Bud has seen the job market decrease by -5.0% over the last year. Future job growth over the next ten years is predicted to be 2.1%, which is lower than the US average of 33.5%.

Tax Rates for Bud
- The Sales Tax Rate for Bud is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Bud 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 Bud
- The average income of a Bud resident is $15,238 a year. The US average is $37,638 a year.
- The Median household income of a Bud resident is $30,357 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBud, West VirginiaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Health
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