Morgantown, West Virginia (WV), zip code 26505 is located in Monongalia County and is home to over 31,000 people according to the 2010 Census. Rent for a two bedroom apartment in the area averages around $1,050 per month. Grocery cost index in Morgantown is 102 compared to the national average of 100. The city has seen tremendous growth in recent years and has become a hub of technology and business development. Popular local employers are Mylan Pharmaceuticals, Eyewitness News WBOY-TV 12, Mon Health Medical System and Cheat Lake Animal Hospital. With reasonable living costs and access to numerous employers Morgantown remains an attractive location for residents and businesses alike.
Morgantown (zip 26505) has an unemployment rate of 4.4%. The US average is 6.0%.
Morgantown (zip 26505) has seen the job market decrease by -3.3% over the last year. Future job growth over the next ten years is predicted to be 37.3%, which is higher than the US average of 33.5%.
Tax Rates for Morgantown (zip 26505)
- The Sales Tax Rate for Morgantown (zip 26505) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Morgantown (zip 26505) 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 Morgantown (zip 26505)
- The average income of a Morgantown (zip 26505) resident is $28,570 a year. The US average is $37,638 a year.
- The Median household income of a Morgantown (zip 26505) resident is $40,909 a year. The US average is $69,021 a year.