Zip 26621 (Flatwoods, WV) Economy


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United States / West Virginia / No Metro Area / Braxton County / Flatwoods / Flatwoods (zip 26621)
Flatwoods, WV is a small town located in Braxton County with a population of 26621. This quaint community offers affordable living and low cost of living. The average 2 bedroom rent in Flatwoods is $730, much less than the US average of $1,430. Additionally, the grocery cost index in Flatwoods is 96 versus 100 in the US. This makes it easier for citizens to buy food at more competitive prices.
Residents living in Flatwoods have access to local businesses such as Little General Store, Byrd's Auto Parts & Tire Center, and K&K Pharmacy. These companies are committed to providing quality goods and services to their customers within the local area. With its affordable lifestyle and convenient access to these businesses, Flatwoods is an ideal place to call home.

Flatwoods (zip 26621) has an unemployment rate of 8.9%. The US average is 6.0%.

Flatwoods (zip 26621) has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 23.9%, which is lower than the US average of 33.5%.

Tax Rates for Flatwoods (zip 26621)
- The Sales Tax Rate for Flatwoods (zip 26621) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Flatwoods (zip 26621) 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 Flatwoods (zip 26621)
- The average income of a Flatwoods (zip 26621) resident is $15,761 a year. The US average is $28,555 a year.
- The Median household income of a Flatwoods (zip 26621) resident is $37,589 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFlatwoods, West VirginiaUnited States
  8.96
  -3.8%-6.2%
  23.9%33.5%
  6.0%6.2%
  6.0%4.6%
  $17,928$37,638
  $37,589$69,021
  $48,750$85,028
  Population by Occupation
  0.0%1.2%
  2.2%0.5%
  10.1%6.8%
  19.2%10.0%
  9.8%2.5%
  31.2%11.0%
  0.7%4.8%
  0.0%0.8%
  0.0%1.9%
  1.4%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  2.9%9.3%
  9.8%14.0%
  0.0%2.1%
  6.2%7.0%
  0.0%4.8%
  6.5%4.7%
Health