Hampshire County, WV Economy


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United States / West Virginia / / Hampshire County / Cities / Zip Codes
Hampshire County in West Virginia is an ideal place to live and work. The rent for a two bedroom apartment is an affordable $1230 compared to the national average of $1430. Prices of goods at local grocery stores are also lower than average. With its friendly atmosphere, Hampshire County has become a popular destination for many businesses such as the Bank of Romney, The Hampshire Review newspaper, and the Hampshire Farmers Co-op. All three companies have made significant contributions to the economy and well-being of this rural county.

Hampshire County has an unemployment rate of 4.4%. The US average is 6.0%.

Hampshire County has seen the job market increase by 2.9% over the last year. Future job growth over the next ten years is predicted to be 44.9%, which is higher than the US average of 33.5%.

Tax Rates for Hampshire County
- The Sales Tax Rate for Hampshire County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Hampshire 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 Hampshire County
- The average income of a Hampshire County resident is $17,652 a year. The US average is $28,555 a year.
- The Median household income of a Hampshire County resident is $50,890 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHampshire, West VirginiaUnited States
  4.46
  -0.3%-6.2%
  44.9%33.5%
  6.0%6.2%
  6.0%4.6%
  $25,324$37,638
  $50,890$69,021
  $62,734$85,028
  Population by Occupation
  1.5%1.2%
  0.4%0.5%
  15.1%6.8%
  16.7%10.0%
  2.3%2.5%
  13.2%11.0%
  3.0%4.8%
  1.8%0.8%
  0.6%1.9%
  2.5%4.7%
  1.3%1.9%
  2.1%7.6%
  0.0%0.1%
  1.7%4.2%
  10.7%9.3%
  11.0%14.0%
  0.6%2.1%
  4.9%7.0%
  5.7%4.8%
  5.0%4.7%
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