Zip 24857 (Lynco, WV) Economy


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United States / West Virginia / No Metro Area / Wyoming County / No City / Lynco (zip 24857)
24857 Lynco, WV is a small town located in Wyoming County with an estimated population of 313 people. It is a great destination for those looking for a tranquil and laid-back lifestyle away from the hustle and bustle of city living. The average 2 Bedroom rent in 24857 Lynco is $640 which is much more affordable than the national rate of $1,430. Additionally, the Grocery Cost Index in this town is 96 which makes it cheaper than the national average.
When it comes to shopping and amenities, there are several local stores and businesses worth checking out. The IGA Supermarket offers all your grocery needs at prices that are below the national average. There is also Ace Hardware store where you can find all kinds of tools, hardware, electrical supplies as well as some home improvement items. You can also visit L & S Variety Store which offers everything from clothes to toys to household items at discounted prices. Other stores include the Dollar General Store, Mason's Rentals Furniture & Appliances and Brown's Pharmacy for all your medication needs.

Lynco (zip 24857) has an unemployment rate of 7.8%. The US average is 6.0%.

Lynco (zip 24857) has seen the job market decrease by -5.0% over the last year. Future job growth over the next ten years is predicted to be 2.1%, which is lower than the US average of 33.5%.

Tax Rates for Lynco (zip 24857)
- The Sales Tax Rate for Lynco (zip 24857) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lynco (zip 24857) 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 Lynco (zip 24857)
- The average income of a Lynco (zip 24857) resident is $17,796 a year. The US average is $37,638 a year.
- The Median household income of a Lynco (zip 24857) resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLynco, West VirginiaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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