Zip 25031 (Boomer, WV) Economy


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Boomer, West Virginia is a small town with a population of only 250 people. It is an affordable place to live with the average two bedroom rent being only $740 per month. Grocery costs in Boomer are even more affordable than those elsewhere in the US, with an index of 91 compared to 100 for the US as a whole. The cost of living makes Boomer an ideal place for families and individuals looking to reduce their expenses and save money.
Local businesses in Boomer range from small independent stores to larger chain restaurants and stores like Tractor Supply Co., Save A Lot grocery store, Dollar General, Subway, and Little Caesars Pizza. Prices at these local establishments are quite reasonable too; a sandwich from Subway usually costs under $5 while groceries from Save A Lot typically range between $20-$30 depending on what you’re buying. Local gas stations often offer discounts on fuel prices as well, making it even easier to save money when living in Boomer.

Boomer (zip 25031) has an unemployment rate of 7.8%. The US average is 6.0%.

Boomer (zip 25031) 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 18.3%, which is lower than the US average of 33.5%.

Tax Rates for Boomer (zip 25031)
- The Sales Tax Rate for Boomer (zip 25031) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Boomer (zip 25031) 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 Boomer (zip 25031)
- The average income of a Boomer (zip 25031) resident is $19,001 a year. The US average is $28,555 a year.
- The Median household income of a Boomer (zip 25031) resident is $48,268 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBoomer, West VirginiaUnited States
  7.86
  -4.6%-6.2%
  18.3%33.5%
  6.0%6.2%
  6.0%4.6%
  $26,701$37,638
  $48,268$69,021
  $101,513$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.0%6.8%
  15.4%10.0%
  9.2%2.5%
  9.2%11.0%
  7.3%4.8%
  0.0%0.8%
  14.6%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  7.3%9.3%
  18.8%14.0%
  0.0%2.1%
  0.0%7.0%
  18.1%4.8%
  0.0%4.7%
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