Mineral County, WV Economy


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United States / West Virginia / / Mineral County / Cities / Zip Codes
Mineral, WV County is an excellent place to live with a low cost of living. The average rent for a two-bedroom apartment in the county is only $840 each month, much lower than the national average of $1,430. Groceries also tend to be cheaper here with an index score of 102 versus 100 in the rest of the country. There are many local businesses that offer goods and services at affordable prices such as Smith's Hardware, Mandy’s Market, and Mineral Bank. With such low costs and great amenities, Mineral County is a great place to call home.

Mineral County has an unemployment rate of 5.7%. The US average is 6.0%.

Mineral County has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 33.7%, which is higher than the US average of 33.5%.

Tax Rates for Mineral County
- The Sales Tax Rate for Mineral County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Mineral 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 Mineral County
- The average income of a Mineral County resident is $19,055 a year. The US average is $28,555 a year.
- The Median household income of a Mineral County resident is $57,345 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMineral, West VirginiaUnited States
  5.76
  -5.1%-6.2%
  33.7%33.5%
  6.0%6.2%
  6.0%4.6%
  $30,564$37,638
  $57,345$69,021
  $74,874$85,028
  Population by Occupation
  1.2%1.2%
  0.7%0.5%
  6.1%6.8%
  15.4%10.0%
  1.7%2.5%
  13.1%11.0%
  4.4%4.8%
  1.3%0.8%
  1.4%1.9%
  3.7%4.7%
  1.3%1.9%
  4.2%7.6%
  0.0%0.1%
  2.4%4.2%
  6.2%9.3%
  19.2%14.0%
  1.8%2.1%
  4.9%7.0%
  5.3%4.8%
  5.6%4.7%
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