Frank, WV Economy


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Frank, WV is a small town located in the Eastern Panhandle region of West Virginia. It has a population of approximately 500 people and is known for its strong work ethic and friendly atmosphere. Rent for two-bedroom homes in Frank, WV is much lower than the US average, at $680 compared to $1,430. Additionally, the Grocery Cost Index in Frank, WV is considerably less expensive than the United States average at 91 versus 100. Local businesses include Grissom's Drug Store which has been a part of the community for over 50 years and Culpepper Gallery which offers fine art services and custom framing. There are also several restaurants including Cooty Brown's Cafe and Ruby's Diner that serve classic American fare.

Frank has an unemployment rate of 5.9%. The US average is 6.0%.

Frank has seen the job market decrease by -5.8% over the last year. Future job growth over the next ten years is predicted to be 39.5%, which is higher than the US average of 33.5%.

Tax Rates for Frank
- The Sales Tax Rate for Frank is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Frank 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 Frank
- The average income of a Frank resident is $46,607 a year. The US average is $37,638 a year.
- The Median household income of a Frank resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFrank, West VirginiaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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