Zip 24716 (Bud, WV) Economy


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United States / West Virginia / No Metro Area / Wyoming County / Bud / Bud (zip 24716)
Bud, West Virginia is a small community located in Mercer County with an estimated population of 24716. The median 2 bedroom rent in the area is $550 per month which is much lower than the national average of $1,430. The grocery cost index in Bud is 95 versus 100 in the US making it an affordable place to live. The area offers plenty of local amenities including Mountain Outfitter Sporting Goods, Westmoreland Coal Company and WoodmenLife Insurance Company. Residents can also find services from businesses such as Julie's Automotive Repair, Bud Cafe and Green Valley Country Store. With all these options, Bud provides its citizens with a wealth of options for housing, shopping and services.

Bud (zip 24716) has an unemployment rate of 7.8%. The US average is 6.0%.

Bud (zip 24716) has seen the job market decrease by -2.0% over the last year. Future job growth over the next ten years is predicted to be 2.1%, which is lower than the US average of 33.5%.

Tax Rates for Bud (zip 24716)
- The Sales Tax Rate for Bud (zip 24716) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Bud (zip 24716) 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 Bud (zip 24716)
- The average income of a Bud (zip 24716) resident is $14,514 a year. The US average is $28,555 a year.
- The Median household income of a Bud (zip 24716) resident is $30,357 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBud, West VirginiaUnited States
  7.86
  -5.0%-6.2%
  2.1%33.5%
  7.0%6.2%
  6.0%4.6%
  $15,238$37,638
  $30,357$69,021
  $31,012$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.0%6.8%
  0.0%10.0%
  0.0%2.5%
  0.0%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  0.0%9.3%
  0.0%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  0.0%4.7%
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