Zip 26542 (Masontown, WV) Economy


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26542 Masontown, WV is a charming town located in Monongalia County. The two bedroom rent in Masontown is $850 which is far lower than the US average of $1,430. Additionally, the Grocery Cost Index in Masontown is 96 which makes it an affordable place for individuals and families. The local economy consists of small businesses such as Jones' Hardware Store and Miller's Bakery as well as larger chains like Walmart and CVS Pharmacy. Families have plenty of educational options around town including Mountainview Elementary School and Masontown High School. Outdoor lovers will also appreciate the number of parks in the area including Hollenbach Park and Turner Hill Park. For those looking for an affordable place to live with plenty of amenities nearby, 26542 Masontown has something for everyone.

Masontown (zip 26542) has an unemployment rate of 5.4%. The US average is 6.0%.

Masontown (zip 26542) 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 Masontown (zip 26542)
- The Sales Tax Rate for Masontown (zip 26542) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Masontown (zip 26542) 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 Masontown (zip 26542)
- The average income of a Masontown (zip 26542) resident is $23,445 a year. The US average is $28,555 a year.
- The Median household income of a Masontown (zip 26542) resident is $59,650 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMasontown, West VirginiaUnited States
  5.46
  -3.3%-6.2%
  36.1%33.5%
  6.0%6.2%
  6.0%4.6%
  $30,156$37,638
  $59,650$69,021
  $71,033$85,028
  Population by Occupation
  0.0%1.2%
  10.1%0.5%
  7.5%6.8%
  10.7%10.0%
  4.3%2.5%
  12.8%11.0%
  0.0%4.8%
  2.6%0.8%
  3.3%1.9%
  3.4%4.7%
  0.0%1.9%
  4.2%7.6%
  0.0%0.1%
  2.2%4.2%
  10.8%9.3%
  16.4%14.0%
  0.0%2.1%
  7.0%7.0%
  3.0%4.8%
  1.7%4.7%
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