Zip 25840 (Fayetteville, WV) Economy


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Fayetteville, West Virginia is a town located in Fayette County with a population of 2,584 people. It is known for its rich coal mining history and vibrant outdoor recreation opportunities. The average two bedroom rent in Fayetteville is $970, which is significantly lower than the US average of $1,430. Additionally, Fayetteville also has a grocery cost index of 93 which is slightly lower than that of the US overall index of 100. Popular businesses and attractions include Summersville Lake Marina, Gauley River National Recreation Area, The Anvil Restaurant & Tavern, Sweet Creations Bakery & Cafe, and Five Loaves Bakery & Deli.

Fayetteville (zip 25840) has an unemployment rate of 7.8%. The US average is 6.0%.

Fayetteville (zip 25840) 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 Fayetteville (zip 25840)
- The Sales Tax Rate for Fayetteville (zip 25840) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Fayetteville (zip 25840) 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 Fayetteville (zip 25840)
- The average income of a Fayetteville (zip 25840) resident is $23,346 a year. The US average is $28,555 a year.
- The Median household income of a Fayetteville (zip 25840) resident is $55,578 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFayetteville, West VirginiaUnited States
  7.86
  -4.6%-6.2%
  18.3%33.5%
  6.0%6.2%
  6.0%4.6%
  $25,707$37,638
  $55,578$69,021
  $59,160$85,028
  Population by Occupation
  0.0%1.2%
  4.0%0.5%
  9.0%6.8%
  2.8%10.0%
  5.5%2.5%
  12.3%11.0%
  1.5%4.8%
  2.7%0.8%
  2.7%1.9%
  1.8%4.7%
  1.0%1.9%
  1.9%7.6%
  0.0%0.1%
  4.8%4.2%
  11.0%9.3%
  12.2%14.0%
  2.6%2.1%
  9.4%7.0%
  8.1%4.8%
  6.3%4.7%
Health