Mount Carbon, WV Economy


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Mount Carbon, WV is a small town located in the foothills of Kanawha Valley and is known for its scenic beauty. The cost of living is relatively low; the average rent for a two bedroom apartment is $750, while the US average is $1,430. Similarly, the grocery cost index in Mount Carbon is 94 compared to 100 in the US. The town has many local businesses and attractions to explore. Notable companies include Coal River Manufacturing Inc., Nature's Way Pest Control and Palmetto Building Supply. Tourists can also enjoy visiting D&D Family Restaurant and Market or Sunrise Canoe Rentals. All in all, Mount Carbon is an ideal place to settle down with affordable housing and plenty of activities.

Mount Carbon has an unemployment rate of 7.8%. The US average is 6.0%.

Mount Carbon has seen the job market decrease by -4.6% over the last year. Future job growth over the next ten years is predicted to be 18.3%, which is lower than the US average of 33.5%.

Tax Rates for Mount Carbon
- The Sales Tax Rate for Mount Carbon is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Mount Carbon 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 Mount Carbon
- The average income of a Mount Carbon resident is $32,857 a year. The US average is $37,638 a year.
- The Median household income of a Mount Carbon resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

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