Zip 26845 (Old Fields, WV) Economy


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United States / West Virginia / No Metro Area / Hardy County / No City / Old Fields (zip 26845)
26845 Old Fields is a small town in West Virginia with a population of just under 4,000 people. It is situated in a rural area, making it great for those who enjoy outdoor activities such as camping and hiking. The 2 bedroom rent in Old Fields is $1,040 which is significantly lower than the US average of $1,430. This makes Old Fields an attractive place for those looking for affordable housing options. Additionally, the grocery cost index in Old Fields is slightly higher than the national average at 101 compared to 100. There are several local companies in 26845 Old Fields that offer various services including landscaping services, home improvement services and auto repair shops. Overall, 26845 Old Fields offers low housing costs and local businesses to meet most needs of its citizens.

Old Fields (zip 26845) has an unemployment rate of 6.0%. The US average is 6.0%.

Old Fields (zip 26845) has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 39.6%, which is higher than the US average of 33.5%.

Tax Rates for Old Fields (zip 26845)
- The Sales Tax Rate for Old Fields (zip 26845) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Old Fields (zip 26845) 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 Old Fields (zip 26845)
- The average income of a Old Fields (zip 26845) resident is $28,941 a year. The US average is $37,638 a year.
- The Median household income of a Old Fields (zip 26845) resident is $70,988 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOld Fields, West VirginiaUnited States
  66
  -1.3%-6.2%
  39.6%33.5%
  6.0%6.2%
  6.0%4.6%
  $28,941$37,638
  $70,988$69,021
  $78,990$85,028
  Population by Occupation
  8.4%1.2%
  1.4%0.5%
  9.7%6.8%
  1.1%10.0%
  0.0%2.5%
  17.8%11.0%
  11.3%4.8%
  0.7%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  1.1%0.1%
  0.0%4.2%
  9.3%9.3%
  16.5%14.0%
  0.0%2.1%
  20.8%7.0%
  2.0%4.8%
  0.0%4.7%
Health