Zip 25420 (Gerrardstown, WV) Economy


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25420 Gerrardstown, WV is a small town located in the Eastern Panhandle of West Virginia. Major companies in the area include Walmart, Berkeley County Schools, American Public University System, and Valley Health Systems. The median rent for a two-bedroom apartment is $1,140 which is much lower than the US median of $1,430. Additionally, the Grocery Cost Index for 25420 Gerrardsown stands at 105 compared to 100 in the US which shows that groceries are slightly more expensive than average. Thanks to its affordability and family-friendly atmosphere, 25420 Gerrardstown is a great place to live.

Gerrardstown (zip 25420) has an unemployment rate of 4.4%. The US average is 6.0%.

Gerrardstown (zip 25420) 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 32.4%, which is lower than the US average of 33.5%.

Tax Rates for Gerrardstown (zip 25420)
- The Sales Tax Rate for Gerrardstown (zip 25420) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Gerrardstown (zip 25420) 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 Gerrardstown (zip 25420)
- The average income of a Gerrardstown (zip 25420) resident is $24,643 a year. The US average is $28,555 a year.
- The Median household income of a Gerrardstown (zip 25420) resident is $82,569 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGerrardstown, West VirginiaUnited States
  4.46
  -4.1%-6.2%
  32.4%33.5%
  6.0%6.2%
  6.0%4.6%
  $36,457$37,638
  $82,569$69,021
  $95,500$85,028
  Population by Occupation
  2.6%1.2%
  0.7%0.5%
  4.7%6.8%
  15.1%10.0%
  1.9%2.5%
  14.4%11.0%
  4.3%4.8%
  0.6%0.8%
  0.5%1.9%
  1.8%4.7%
  1.5%1.9%
  8.4%7.6%
  0.0%0.1%
  1.7%4.2%
  5.7%9.3%
  17.3%14.0%
  1.2%2.1%
  2.9%7.0%
  5.7%4.8%
  9.0%4.7%
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