Marmet, WV Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Marmet, WV is a small town located in West Virginia. The cost of living is relatively low compared to other cities in the US, with the 2 Bedroom Rent being $880 and grocery cost index at 96 versus 100 in the US. Marmet has many local businesses which allow for residents to shop local such as Hometown Market and Taylors Pharmacy. It also has some great restaurants such as Applebee's Grill & Bar and Pigs-N-Heat BBQ. As someone who loves to support small businesses, I think it’s great that Marmet offers so much opportunity for businesses to thrive and for people to find all the services they need locally.

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

Marmet has seen the job market decrease by -0.2% 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 Marmet
- The Sales Tax Rate for Marmet is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Marmet 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 Marmet
- The average income of a Marmet resident is $21,799 a year. The US average is $28,555 a year.
- The Median household income of a Marmet resident is $42,966 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMarmet, West VirginiaUnited States
  6.36
  -4.5%-6.2%
  19.9%33.5%
  6.0%6.2%
  6.0%4.6%
  $23,449$37,638
  $42,966$69,021
  $47,153$85,028
  Population by Occupation
  0.0%1.2%
  2.4%0.5%
  2.8%6.8%
  4.1%10.0%
  0.0%2.5%
  24.4%11.0%
  5.0%4.8%
  0.0%0.8%
  5.3%1.9%
  4.6%4.7%
  0.0%1.9%
  9.3%7.6%
  0.0%0.1%
  1.7%4.2%
  7.1%9.3%
  16.9%14.0%
  0.5%2.1%
  5.2%7.0%
  1.7%4.8%
  9.0%4.7%
Health
Compare Marmet, WV
cost of living
Compare food, housing, utilities, and more in Marmet, West Virginia to any other city in the US.