Zip 26385 (Lost Creek, WV) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Lost Creek, West Virginia is a small town nestled down in the Appalachian Mountains. The cost of living here is very affordable, with the average two bedroom rent only about $790 per month. Even groceries are relatively low cost, with a grocery cost index of 98 compared to the US average of 100. Lost Creek is home to several local businesses, such as Mountain Valley Equipment Rentals and Maintenance, The Bear Cafe & Coffeehouse, and Taylor's Department Store. All three of these businesses provide important services to the community and make it possible for locals to enjoy small-town living without having to sacrifice too much when it comes to convenience.

Lost Creek (zip 26385) has an unemployment rate of 5.8%. The US average is 6.0%.

Lost Creek (zip 26385) has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 37.3%, which is higher than the US average of 33.5%.

Tax Rates for Lost Creek (zip 26385)
- The Sales Tax Rate for Lost Creek (zip 26385) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lost Creek (zip 26385) 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 Lost Creek (zip 26385)
- The average income of a Lost Creek (zip 26385) resident is $22,585 a year. The US average is $28,555 a year.
- The Median household income of a Lost Creek (zip 26385) resident is $58,920 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLost Creek, West VirginiaUnited States
  5.86
  -5.2%-6.2%
  37.3%33.5%
  6.0%6.2%
  6.0%4.6%
  $29,484$37,638
  $58,920$69,021
  $79,300$85,028
  Population by Occupation
  1.9%1.2%
  1.8%0.5%
  6.1%6.8%
  4.1%10.0%
  11.4%2.5%
  12.5%11.0%
  6.0%4.8%
  3.9%0.8%
  1.4%1.9%
  2.7%4.7%
  0.9%1.9%
  3.3%7.6%
  0.0%0.1%
  3.4%4.2%
  7.2%9.3%
  13.7%14.0%
  0.5%2.1%
  5.4%7.0%
  4.1%4.8%
  9.6%4.7%
Health