Zip 26574 (Grant Town, WV) Economy


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26574 Grant Town, WV is a small town with a population of around 500. The cost of living here is relatively low compared to the national average as the 2 bedroom rent in the town is $780, while it's $1,430 across the USA. On top of that, grocery costs are also lower than elsewhere in the country with an index score of 94 against 100 for the US. With such a favorable cost of living and great quality of life, 26574 Grant Town, WV is a great place to live. There are many local businesses in the area such as Poca Valley Bank, White Lilly Market & Cafe and Godbey's Country Store & Deli that offer employment opportunities. The housing market in 26574 Grant Town, WV is vibrant with various options available for prospective residents whether they want to buy or rent a home.

Grant Town (zip 26574) has an unemployment rate of 6.0%. The US average is 6.0%.

Grant Town (zip 26574) has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 24.0%, which is lower than the US average of 33.5%.

Tax Rates for Grant Town (zip 26574)
- The Sales Tax Rate for Grant Town (zip 26574) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Grant Town (zip 26574) 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 Grant Town (zip 26574)
- The average income of a Grant Town (zip 26574) resident is $22,696 a year. The US average is $28,555 a year.
- The Median household income of a Grant Town (zip 26574) resident is $46,618 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGrant Town, West VirginiaUnited States
  66
  -5.3%-6.2%
  24.0%33.5%
  6.0%6.2%
  6.0%4.6%
  $25,453$37,638
  $46,618$69,021
  $49,318$85,028
  Population by Occupation
  0.0%1.2%
  4.5%0.5%
  6.4%6.8%
  0.0%10.0%
  0.0%2.5%
  18.6%11.0%
  3.8%4.8%
  3.2%0.8%
  0.0%1.9%
  1.9%4.7%
  0.0%1.9%
  1.9%7.6%
  0.0%0.1%
  9.6%4.2%
  4.5%9.3%
  9.6%14.0%
  0.0%2.1%
  7.7%7.0%
  18.6%4.8%
  9.6%4.7%
Health