Zip 24843 (Hensley, WV) Economy


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United States / West Virginia / No Metro Area / McDowell County / No City / Hensley (zip 24843)
24843 Hensley, WV is a great place to call home. The average 2 bedroom rent is $600 which is significantly lower than the national average of $1,430. Additionally, the Grocery Cost Index in 24843 Hensley, WV is 92 which indicates that it has a lower cost of living than the US average of 100. Local companies in this area include Beckley Supply Company and Woodford Brothers Inc. These local businesses offer an essential service to the community and contribute greatly to its economy. The combination of affordable housing and a low Grocery Cost Index make 24843 Hensley, WV an amazing place to live with a low cost of living.

Hensley (zip 24843) has an unemployment rate of 9.7%. The US average is 6.0%.

Hensley (zip 24843) has seen the job market decrease by -3.6% over the last year. Future job growth over the next ten years is predicted to be 15.9%, which is lower than the US average of 33.5%.

Tax Rates for Hensley (zip 24843)
- The Sales Tax Rate for Hensley (zip 24843) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Hensley (zip 24843) 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 Hensley (zip 24843)
- The average income of a Hensley (zip 24843) resident is $26,531 a year. The US average is $37,638 a year.
- The Median household income of a Hensley (zip 24843) resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

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