Zip 25161 (Powellton, WV) Economy


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25161 Powellton, WV is a small town located in Boone County. It has a population of around 200 people and is known for its cozy atmosphere and friendly community. The median 2 bedroom rent in 25161 Powellton, WV is $780 which is roughly half the US 2 bedroom rent of $1,430 making it a great place to live economically. Additionally, the Grocery Cost Index in 25161 Powellton, WV is 93 versus 100 in the US making it an affordable place to purchase groceries as well. The town has several local businesses such as Little General Store, The Country Butcher and Huntington Bank. It also offers many recreational activities from hiking and fishing to visiting the nearby state parks.

Powellton (zip 25161) has an unemployment rate of 7.8%. The US average is 6.0%.

Powellton (zip 25161) has seen the job market decrease by -4.6% over the last year. Future job growth over the next ten years is predicted to be 18.3%, which is lower than the US average of 33.5%.

Tax Rates for Powellton (zip 25161)
- The Sales Tax Rate for Powellton (zip 25161) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Powellton (zip 25161) 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 Powellton (zip 25161)
- The average income of a Powellton (zip 25161) resident is $18,610 a year. The US average is $37,638 a year.
- The Median household income of a Powellton (zip 25161) resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

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