Zip 26763 (Springfield, WV) Economy


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26763 Springfield, WV is a small town located in the eastern part of the state. The median 2 bedroom rent in Springfield is $1,030, which is significantly lower than the US median of $1,430. For those living in Springfield, many local companies offer competitive wages and excellent benefits. Some of the larger employers are Middletown Valley Bank, Valley Health Systems, and Fruth Pharmacy. Those who don’t work at one of these companies can turn to small businesses like Gail's Lane Boutique for their shopping needs or pick up some fresh produce from local farmers such as Garrett Family Farm. With its affordable cost of living and ample job opportunities, 26763 Springfield provides a great area for individuals looking for an affordable place to live.

Springfield (zip 26763) has an unemployment rate of 4.4%. The US average is 6.0%.

Springfield (zip 26763) has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 44.9%, which is higher than the US average of 33.5%.

Tax Rates for Springfield (zip 26763)
- The Sales Tax Rate for Springfield (zip 26763) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Springfield (zip 26763) 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 Springfield (zip 26763)
- The average income of a Springfield (zip 26763) resident is $17,935 a year. The US average is $37,638 a year.
- The Median household income of a Springfield (zip 26763) resident is $51,534 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySpringfield, 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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