McMechen, WV Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
McMechen, WV is a small city located in the northern part of West Virginia. It is home to a population of around 1,500 people and offers many amenities for its residents. For those looking for affordable housing, the two bedroom apartments rent for $820 per month, whereas the national average is $1,430. Additionally, grocery costs are lower in McMechen than the national average by 5%, making it an attractive option for those seeking an economical lifestyle. The city also boasts local companies such as McMechen Auto Parts & Glass Center Inc., American Legion Post #44, and McMechen Veterinary Clinic that provide goods and services to the community.

McMechen has an unemployment rate of 7.7%. The US average is 6.0%.

McMechen has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 23.6%, which is lower than the US average of 33.5%.

Tax Rates for McMechen
- The Sales Tax Rate for McMechen is 6.0%. The US average is 7.3%.
- The Income Tax Rate for McMechen 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 McMechen
- The average income of a McMechen resident is $21,421 a year. The US average is $28,555 a year.
- The Median household income of a McMechen resident is $39,063 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMcMechen, West VirginiaUnited States
  7.76
  -7.7%-6.2%
  23.6%33.5%
  6.0%6.2%
  6.0%4.6%
  $26,405$37,638
  $39,063$69,021
  $49,375$85,028
  Population by Occupation
  0.0%1.2%
  5.1%0.5%
  14.2%6.8%
  3.1%10.0%
  3.8%2.5%
  17.8%11.0%
  9.3%4.8%
  0.4%0.8%
  4.2%1.9%
  3.4%4.7%
  0.0%1.9%
  3.9%7.6%
  0.0%0.1%
  1.5%4.2%
  7.0%9.3%
  12.3%14.0%
  2.6%2.1%
  5.7%7.0%
  3.1%4.8%
  2.6%4.7%
Health
Compare McMechen, WV
cost of living
Compare food, housing, utilities, and more in McMechen, West Virginia to any other city in the US.