Zip 25567 (Sumerco, WV) Economy


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Sumerco, West Virginia has a population of 25567 and it is known for its low costs of living. The average two bedroom rent in the area is only $800, significantly lower than the US average of $1,430. Additionally, the grocery cost index in Sumerco is 97 compared to 100 in the US. This makes it an attractive place to settle down or start a business. There are various local businesses in Sumerco such as Murphy's Auto Repair & Maintenance, Stacie's Florist, G&E Home Improvement Services, and R.W. Electrical Solutions Inc., all providing quality services to their customers.

Sumerco (zip 25567) has an unemployment rate of 7.8%. The US average is 6.0%.

Sumerco (zip 25567) has seen the job market decrease by -3.1% over the last year. Future job growth over the next ten years is predicted to be 21.7%, which is lower than the US average of 33.5%.

Tax Rates for Sumerco (zip 25567)
- The Sales Tax Rate for Sumerco (zip 25567) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Sumerco (zip 25567) 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 Sumerco (zip 25567)
- The average income of a Sumerco (zip 25567) resident is $18,775 a year. The US average is $37,638 a year.
- The Median household income of a Sumerco (zip 25567) resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

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