Coal Fork, WV Economy


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Coal Fork, WV is a small town located in the Appalachian Mountains with plenty of local businesses to offer. Home to just over 400 residents, it has a picturesque mountain setting and home affordability that is unmatched. The two bedroom rent averages at $1,090 compared to the US average of $1,430 making it an ideal place for a family or a couple looking to settle down. Local companies such as R&D Grocery store have been around for generations offering healthy groceries at prices below the national index. In addition to this Coal Fork also has health care facilities such as Coal Fork Clinic who provide medical services ranging from routine checkups to comprehensive diagnoses.

Coal Fork has an unemployment rate of 6.3%. The US average is 6.0%.

Coal Fork has seen the job market decrease by -4.5% over the last year. Future job growth over the next ten years is predicted to be 19.9%, which is lower than the US average of 33.5%.

Tax Rates for Coal Fork
- The Sales Tax Rate for Coal Fork is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Coal Fork 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 Coal Fork
- The average income of a Coal Fork resident is $28,468 a year. The US average is $37,638 a year.
- The Median household income of a Coal Fork resident is $56,363 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCoal Fork, 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%
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