West Milford, WV Economy


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West Milford, WV is a small town located in the eastern part of the state. It has a population of just over 3,400 and offers its residents an affordable cost of living. The 2 bedroom rent is only $830 per month, making it cheaper than the average 2 bedroom rent of $1,430 across the United States. Additionally, grocery cost index in West Milford is 96 versus 100 in the US. Living in West Milford also provides access to many local companies and amenities such as McKean's Grocery Store and Bear Creek Outfitters for outdoor adventures. The town also has historic sites such as the West Milford Museum and Stitely Park which visitors can enjoy. With its proximity to larger communities like Morgantown and Charleston, West Milford provides easy access to numerous activities and attractions.

West Milford has an unemployment rate of 5.8%. The US average is 6.0%.

West Milford has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 37.3%, which is higher than the US average of 33.5%.

Tax Rates for West Milford
- The Sales Tax Rate for West Milford is 6.0%. The US average is 7.3%.
- The Income Tax Rate for West Milford 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 West Milford
- The average income of a West Milford resident is $25,392 a year. The US average is $28,555 a year.
- The Median household income of a West Milford resident is $59,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWest Milford, West VirginiaUnited States
  5.86
  -5.2%-6.2%
  37.3%33.5%
  6.0%6.2%
  6.0%4.6%
  $30,173$37,638
  $59,000$69,021
  $85,000$85,028
  Population by Occupation
  0.0%1.2%
  3.3%0.5%
  7.0%6.8%
  1.5%10.0%
  3.3%2.5%
  13.6%11.0%
  5.1%4.8%
  3.3%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  1.1%7.6%
  0.0%0.1%
  0.0%4.2%
  4.0%9.3%
  36.4%14.0%
  0.0%2.1%
  3.3%7.0%
  7.4%4.8%
  10.7%4.7%
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