Zip 25162 (Pratt, WV) Economy


Reviews



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25162 Pratt, WV is an ideal place to call home for many looking for a comfortable lifestyle without the high costs of major cities. The average two bedroom rent in this area is only $750, which is significantly cheaper than the US average rent of $1,430. Furthermore, the grocery cost index here is 97 while it's 100 in the US - meaning you can save even more on groceries in Pratt than most other places.
25162 Pratt, WV has plenty of local companies ranging from small family owned businesses to larger corporations. These include J&S Pawnshops, Ashley Furniture HomeStore, and AT&T Mobility. With these businesses local residents have access to necessary services at affordable prices.
Overall 25162 Pratt, WV offers an amazing quality of life with lower cost of living than most places in the US due to cheaper rent and lower grocery costs. For those looking for a safe and comfortable city with reasonable expenses 25162 Pratt, WV offers excellent opportunities!

Pratt (zip 25162) has an unemployment rate of 6.3%. The US average is 6.0%.

Pratt (zip 25162) has seen the job market decrease by -4.5% over the last year. Future job growth over the next ten years is predicted to be 19.9%, which is lower than the US average of 33.5%.

Tax Rates for Pratt (zip 25162)
- The Sales Tax Rate for Pratt (zip 25162) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Pratt (zip 25162) 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 Pratt (zip 25162)
- The average income of a Pratt (zip 25162) resident is $31,102 a year. The US average is $37,638 a year.
- The Median household income of a Pratt (zip 25162) resident is $56,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPratt, West VirginiaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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