Zip 26374 (Independence, WV) Economy


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United States / West Virginia / Morgantown Metro Area / Preston County / No City / Independence (zip 26374)
26374 Independence, WV is a small town located in Barbour County. It has an estimated population of 1,764 people and a median household income of $48,483. The 2 bedroom rent in this area is quite affordable at $880; significantly lower than the US average of $1,430. In addition to being more affordable, groceries are also cheaper here with a Grocery Cost Index rating of 99 compared to 100 at the national level.
The town consists of several local businesses that provide goods and services for its citizens. Notable companies include Wilfong Supply Co, which supplies building materials for residential and commercial construction projects; Independence Pharmacy which provides health care services; Butler's Cafe & Pub which offers both American and European cuisine; and Last Chance Antiques which specializes in vintage items from all eras. Each company adds to the unique flavor that makes 26374 Independence, West Virginia a great place to live!

Independence (zip 26374) has an unemployment rate of 5.4%. The US average is 6.0%.

Independence (zip 26374) has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 36.1%, which is higher than the US average of 33.5%.

Tax Rates for Independence (zip 26374)
- The Sales Tax Rate for Independence (zip 26374) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Independence (zip 26374) 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 Independence (zip 26374)
- The average income of a Independence (zip 26374) resident is $22,427 a year. The US average is $28,555 a year.
- The Median household income of a Independence (zip 26374) resident is $45,515 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyIndependence, West VirginiaUnited States
  5.46
  -3.3%-6.2%
  36.1%33.5%
  6.0%6.2%
  6.0%4.6%
  $24,098$37,638
  $45,515$69,021
  $44,567$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  8.3%6.8%
  1.8%10.0%
  5.0%2.5%
  3.7%11.0%
  1.3%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  9.2%1.9%
  6.1%7.6%
  0.0%0.1%
  5.2%4.2%
  14.8%9.3%
  15.3%14.0%
  0.9%2.1%
  5.4%7.0%
  7.9%4.8%
  15.1%4.7%
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