Zip 25405 (Martinsburg, WV) Economy


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Martinsburg, WV (25405) is a charming city located in the Eastern Panhandle of West Virginia. It has a population of 17,740 people as of 2019. Rent costs for two bedroom apartments here are slightly lower than the national average – currently at $1,250 per month compared to $1,430 nationally. Grocery prices here are also lower than the US average with a grocery cost index of 105 versus 100 in the US. Popular local businesses include The A&T Family Restaurant, Moorefield Station Restaurant & Bar , Jeff's Pub & Grill, Appalachian Artisan Center, and Unleashed Canine Training LLC. In Martinsburg you can enjoy amazing cuisine, shopping opportunities, and professional services all at very reasonable prices!

Martinsburg (zip 25405) has an unemployment rate of 4.4%. The US average is 6.0%.

Martinsburg (zip 25405) has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 32.4%, which is lower than the US average of 33.5%.

Tax Rates for Martinsburg (zip 25405)
- The Sales Tax Rate for Martinsburg (zip 25405) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Martinsburg (zip 25405) 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 Martinsburg (zip 25405)
- The average income of a Martinsburg (zip 25405) resident is $24,184 a year. The US average is $28,555 a year.
- The Median household income of a Martinsburg (zip 25405) resident is $82,238 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMartinsburg, West VirginiaUnited States
  4.46
  -4.1%-6.2%
  32.4%33.5%
  6.0%6.2%
  6.0%4.6%
  $33,543$37,638
  $82,238$69,021
  $83,611$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  4.1%6.8%
  16.5%10.0%
  4.7%2.5%
  12.2%11.0%
  4.9%4.8%
  0.5%0.8%
  3.4%1.9%
  2.1%4.7%
  1.4%1.9%
  5.7%7.6%
  0.0%0.1%
  3.3%4.2%
  8.7%9.3%
  15.5%14.0%
  1.2%2.1%
  4.0%7.0%
  5.1%4.8%
  6.6%4.7%
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