Zip 25048 (Colcord, WV) Economy


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25048 Colcord, WV is a small town located in the heart of West Virginia. With an estimated population of just over 1,500 people, this rural area offers affordable living solutions for those seeking a peaceful lifestyle. The median 2 Bedroom rent in this area is $840 per month, which is significantly lower than the national average of $1,430. Additionally, groceries in 25048 Colcord are approximately 91 on the cost index compared to 100 in the US.
The area surrounding 25048 Colcord has plenty to offer as well. There are local businesses such as Matt's Auto Repair, Cook's Pharmacy and E&J Grocery that serve the community with quality services. There are also several outdoor activities available for visitors including camping at Tygart Lake State Park and hiking trails around Glady Fork Wilderness Area. 25048 Colcord is a great place to settle down and make a home for anyone looking to enjoy life away from the hustle and bustle of city living.

Colcord (zip 25048) has an unemployment rate of 6.4%. The US average is 6.0%.

Colcord (zip 25048) has seen the job market decrease by -4.6% over the last year. Future job growth over the next ten years is predicted to be 20.8%, which is lower than the US average of 33.5%.

Tax Rates for Colcord (zip 25048)
- The Sales Tax Rate for Colcord (zip 25048) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Colcord (zip 25048) 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 Colcord (zip 25048)
- The average income of a Colcord (zip 25048) resident is $26,230 a year. The US average is $37,638 a year.
- The Median household income of a Colcord (zip 25048) resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyColcord, West VirginiaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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