The Parkersburg-Vienna, WV Metro Area is home to many businesses, which contribute to its economic growth and development. The 2 bedroom rent in the area is $790, while it averages $1,430 nationwide. Additionally, the grocery cost index in the area is 98 versus 100 in the US. This means that living costs are lower than the national average. Local companies that have a positive economic impact on this region include WVU Medicine Camden-Clark Medical Center, Cabela's Retail Store & Outpost, and Mylan Pharmaceuticals. These businesses provide jobs with good wages and help drive the local economy forward.
Parkersburg-Vienna Metro Area has an unemployment rate of 6.8%. The US average is 6.0%.
Parkersburg-Vienna Metro Area has seen the job market decrease by -5.0% over the last year. Future job growth over the next ten years is predicted to be 19.3%, which is lower than the US average of 33.5%.
Tax Rates for Parkersburg-Vienna Metro Area
- The Sales Tax Rate for Parkersburg-Vienna Metro Area is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Parkersburg-Vienna Metro Area 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 Parkersburg-Vienna Metro Area
- The average income of a Parkersburg-Vienna Metro Area resident is $28,959 a year. The US average is $37,638 a year.
- The Median household income of a Parkersburg-Vienna Metro Area resident is $50,142 a year. The US average is $69,021 a year.