Charles Town, WV Economy


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Charles Town, WV is a small city located in the Eastern Panhandle of West Virginia. It has a rich history dating back to the late 1700's. The population of Charles Town is approximately 5,400 people and it is known for its vibrant culture, with many local companies such as Grafton Smith Realty and Charles Town Motors providing services to the community. Rent for two-bedroom apartments in Charles Town is typically around $940 per month which is significantly lower than the national average of $1,430. Additionally, grocery costs are around 107 versus 100 in the US on average. Charles Town offers a variety of activities to enjoy such as visiting Harpers Ferry National Historical Park and attending events at Jefferson County Fairgrounds. There are also plenty of unique restaurants for visitors to sample local West Virginian cuisine.

Charles Town has an unemployment rate of 3.8%. The US average is 6.0%.

Charles Town has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 35.5%, which is higher than the US average of 33.5%.

Tax Rates for Charles Town
- The Sales Tax Rate for Charles Town is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Charles Town 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 Charles Town
- The average income of a Charles Town resident is $26,636 a year. The US average is $28,555 a year.
- The Median household income of a Charles Town resident is $79,158 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCharles Town, West VirginiaUnited States
  3.86
  -4.6%-6.2%
  35.5%33.5%
  6.0%6.2%
  6.0%4.6%
  $37,853$37,638
  $79,158$69,021
  $106,287$85,028
  Population by Occupation
  0.0%1.2%
  1.7%0.5%
  6.3%6.8%
  8.5%10.0%
  1.1%2.5%
  14.3%11.0%
  2.1%4.8%
  0.9%0.8%
  1.1%1.9%
  2.8%4.7%
  3.5%1.9%
  8.2%7.6%
  0.0%0.1%
  3.5%4.2%
  5.8%9.3%
  13.7%14.0%
  5.4%2.1%
  5.6%7.0%
  4.4%4.8%
  11.0%4.7%
Reviews for Charles Town
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Over 15 years ago

Charles Town is a town with a small town feel. Having grown up and lived there until the age of 18, I've maintained a fondness for that "feel". Living the past 22 years  More

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Over 17 years ago

Charles Town is a beautiful, historic town just a short distance from the confluence of the Shenandoah and Potomac rivers. It used to be inexpensive to live here but in  More

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Over 18 years ago

You can spend a day at Charles Town Races and Slots either cheering on the winning horse or getting lucky at the slots. You can visit many historical sites such as the  More

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