Morgan County, WV Economy


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United States / West Virginia / No Metro Area / Morgan County / Cities / Zip Codes
Morgan, WV County is an attractive place to live for many people who are looking for a more affordable lifestyle. The 2 Bedroom Rent in Morgan, WV County is almost half of the US average, making it an attractive option for those looking to save money on their housing costs. Additionally, the Grocery Cost Index in Morgan, WV County is 3% higher than the national average. This indicates that food expenses are relatively affordable in this area compared to other parts of the country.
The county is home to several businesses such as Lewisburg Printing Company, HB Mining Co., and J&B Trucking Inc., all of which offer job opportunities to local residents. All in all, Morgan, WV County provides an opportunity for people to enjoy a lower cost of living while still having access to local job opportunities and other amenities.

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

Morgan County has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 36.9%, which is higher than the US average of 33.5%.

Tax Rates for Morgan County
- The Sales Tax Rate for Morgan County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Morgan 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 Morgan County
- The average income of a Morgan County resident is $31,402 a year. The US average is $37,638 a year.
- The Median household income of a Morgan County resident is $56,616 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMorgan, West VirginiaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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