Mingo County, WV Economy


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United States / West Virginia / No Metro Area / Mingo County / Cities / Zip Codes
Mingo, WV County is an ideal location for individuals looking for a cost-effective place to live. The cost of rent for a two bedroom apartment in Mingo is much lower than the national average at $740 compared to $1,430. Grocery costs are also relatively low with the Grocery Cost Index in Mingo being 95 compared to 100 in the US. Local businesses that can be found here include Mingo County Bank, Mingo Senior Center, and Southwestern Community Action Council Inc. There are plenty of recreational activities such as fishing, camping, and biking located throughout the area making it an enjoyable place to live or visit.

Mingo County has an unemployment rate of 9.9%. The US average is 6.0%.

Mingo County has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 14.9%, which is lower than the US average of 33.5%.

Tax Rates for Mingo County
- The Sales Tax Rate for Mingo County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Mingo County 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 Mingo County
- The average income of a Mingo County resident is $20,222 a year. The US average is $28,555 a year.
- The Median household income of a Mingo County resident is $35,349 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMingo, West VirginiaUnited States
  9.96
  -8.7%-6.2%
  14.9%33.5%
  6.0%6.2%
  6.0%4.6%
  $19,631$37,638
  $35,349$69,021
  $47,376$85,028
  Population by Occupation
  1.5%1.2%
  14.0%0.5%
  6.0%6.8%
  3.8%10.0%
  0.9%2.5%
  10.8%11.0%
  3.7%4.8%
  0.9%0.8%
  0.2%1.9%
  1.4%4.7%
  1.3%1.9%
  2.0%7.6%
  0.0%0.1%
  2.7%4.2%
  12.6%9.3%
  23.3%14.0%
  0.8%2.1%
  5.7%7.0%
  3.6%4.8%
  5.1%4.7%
Health