Oceana, West Virginia (24870) is a small town located in Wyoming County. It is known for its friendly community and rural lifestyle. The median 2-bedroom rent in Oceana is $640, much lower than the national average of $1,430. In addition to lower housing costs, living expenses such as grocery costs are also significantly lower in Oceana with an index of 95 versus 100 nationally.
Oceana's local economy is driven by industries such as coal mining and timber harvesting. Local companies include Appalachian Power Company, Blackhawk Mining LLC, and S & L Timber Harvesters. Other employers include the West Virginia Department of Education and Health Care Corporation of America.
With lower housing costs and grocery prices, living in Oceana provides a great value for residents looking for a rural lifestyle without breaking the bank.
Oceana (zip 24870) has an unemployment rate of 7.8%. The US average is 6.0%.
Oceana (zip 24870) 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 2.1%, which is lower than the US average of 33.5%.
Tax Rates for Oceana (zip 24870)
- The Sales Tax Rate for Oceana (zip 24870) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Oceana (zip 24870) 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 Oceana (zip 24870)
- The average income of a Oceana (zip 24870) resident is $32,317 a year. The US average is $37,638 a year.
- The Median household income of a Oceana (zip 24870) resident is $41,116 a year. The US average is $69,021 a year.