Jefferson, WV Economy


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Jefferson, WV is a great place to live if you are looking for affordability. The rent for a two bedroom apartment in Jefferson is much lower than the national average at just $920 compared to $1,430 in the US. This cost savings is also seen in local grocery bills as the Grocery Cost Index in Jefferson is only 97 versus 100 nationally. There are many local companies to work for such as Jefferson Public Works, Arby's and Walmart that provide job opportunities for residents. All of this makes Jefferson an attractive option for people looking for an affordable place to call home.

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

Jefferson 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 Jefferson
- The Sales Tax Rate for Jefferson is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Jefferson 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 Jefferson
- The average income of a Jefferson resident is $11,539 a year. The US average is $37,638 a year.
- The Median household income of a Jefferson resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

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