Philippi, WV Economy


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United States / West Virginia / No Metro Area / Barbour County / Philippi / Zip Codes
Philippi, WV is a small town located in Barbour County and has a population of 2,870. It is an affordable place to live as the average two-bedroom rent in Philippi is $1,150 compared to the national average of $1,430. Grocery cost index is also lower than most parts of the US with 97 versus 100. Businesses in the city include Kmart, Walmart, Dollar General, McDonald's and few local companies such as West Virginia Patio and Hearth Supply Co., Smith Hardware Store and Whited's Grocery Store. The town also hosts the annual West Virginia Strawberry Festival every May.

Philippi has an unemployment rate of 6.1%. The US average is 6.0%.

Philippi has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 29.6%, which is lower than the US average of 33.5%.

Tax Rates for Philippi
- The Sales Tax Rate for Philippi is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Philippi 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 Philippi
- The average income of a Philippi resident is $14,518 a year. The US average is $28,555 a year.
- The Median household income of a Philippi resident is $35,186 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPhilippi, West VirginiaUnited States
  6.16
  -0.8%-6.2%
  29.6%33.5%
  6.0%6.2%
  6.0%4.6%
  $23,285$37,638
  $35,186$69,021
  $58,854$85,028
  Population by Occupation
  0.4%1.2%
  1.8%0.5%
  6.4%6.8%
  3.4%10.0%
  0.4%2.5%
  11.2%11.0%
  0.8%4.8%
  1.9%0.8%
  0.0%1.9%
  0.4%4.7%
  0.8%1.9%
  2.8%7.6%
  0.0%0.1%
  6.9%4.2%
  15.6%9.3%
  16.1%14.0%
  2.1%2.1%
  7.8%7.0%
  6.6%4.8%
  14.4%4.7%
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