Zip 25630 (Lorado, WV) Economy


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United States / West Virginia / No Metro Area / Logan County / No City / Lorado (zip 25630)
25630 Lorado, WV is a great place to call home. The 2 bedroom rent in Lorado is quite reasonable at $670 compared to the US average of $1,430. Additionally, the overall cost of living index in Lorado is 95 versus 100 in the US. This means that basic goods like groceries are more affordable than they would be elsewhere. There are plenty of great local businesses to explore in 25630 Lorado such as The Greenbrier Resort, Marcella's Restaurant & Bar, and Happy Valley Pizza & Pasta. All in all, 25630 Lorado offers a low cost of living without sacrificing access to great amenities and activities that make living here even more enjoyable.

Lorado (zip 25630) has an unemployment rate of 8.1%. The US average is 6.0%.

Lorado (zip 25630) has seen the job market decrease by -1.5% over the last year. Future job growth over the next ten years is predicted to be 11.9%, which is lower than the US average of 33.5%.

Tax Rates for Lorado (zip 25630)
- The Sales Tax Rate for Lorado (zip 25630) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lorado (zip 25630) 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 Lorado (zip 25630)
- The average income of a Lorado (zip 25630) resident is $22,271 a year. The US average is $28,555 a year.
- The Median household income of a Lorado (zip 25630) resident is $36,563 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLorado, West VirginiaUnited States
  8.16
  -6.7%-6.2%
  11.9%33.5%
  6.0%6.2%
  6.0%4.6%
  $19,715$37,638
  $36,563$69,021
  $55,481$85,028
  Population by Occupation
  0.0%1.2%
  26.7%0.5%
  0.0%6.8%
  0.0%10.0%
  0.0%2.5%
  0.0%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  26.7%4.2%
  0.0%9.3%
  26.7%14.0%
  20.0%2.1%
  0.0%7.0%
  0.0%4.8%
  0.0%4.7%
Health