Ritchie County, WV Economy


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United States / West Virginia / No Metro Area / Ritchie County / Cities / Zip Codes
Ritchie, WV County is an attractive place to live for many reasons. Not only does the county boast a low average rent of $740 per month for two bedroom units, but the cost of groceries within the county also tends to be lower than the national average. In fact, Ritchie’s grocery cost index of 95 is five points lower than the national 100 index. There are plenty of local businesses to choose from in Ritchie as well, including markets such as Kroger and restaurants like BCD Tofu House. When it comes to shopping and dining out, Ritchie offers residents plenty of affordable options when compared to bigger cities and towns.

Ritchie County has an unemployment rate of 7.1%. The US average is 6.0%.

Ritchie 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 24.7%, which is lower than the US average of 33.5%.

Tax Rates for Ritchie County
- The Sales Tax Rate for Ritchie County is 6.7%. The US average is 7.3%.
- The Income Tax Rate for Ritchie 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 Ritchie County
- The average income of a Ritchie County resident is $18,717 a year. The US average is $28,555 a year.
- The Median household income of a Ritchie County resident is $45,184 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRitchie, West VirginiaUnited States
  7.16
  -3.2%-6.2%
  24.7%33.5%
  6.0%6.2%
  6.0%4.6%
  $25,094$37,638
  $45,184$69,021
  $56,122$85,028
  Population by Occupation
  1.5%1.2%
  8.2%0.5%
  10.1%6.8%
  11.7%10.0%
  5.1%2.5%
  12.8%11.0%
  2.2%4.8%
  0.9%0.8%
  1.0%1.9%
  2.8%4.7%
  0.7%1.9%
  1.8%7.6%
  0.0%0.1%
  4.2%4.2%
  5.3%9.3%
  7.4%14.0%
  5.6%2.1%
  3.1%7.0%
  3.6%4.8%
  11.9%4.7%
Health