Zip 24740 (Princeton, WV) Economy


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24740 Princeton, WV is an ideal place for those looking to rent a 2 Bedroom apartment. The cost for a 2 Bedroom in Princeton is an affordable $740 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Princeton is 94, which is lower than the national average of 100. Princeton is home to numerous local businesses such as West Virginia Mining Company, Allen Insurance and Financial Services, Appalachian Regional Healthcare System, and Plateau Printing. There are also many attractions such as Bluestone Lake State Park and Pipestem Resort State Park that residents can explore and enjoy.

Princeton (zip 24740) has an unemployment rate of 7.0%. The US average is 6.0%.

Princeton (zip 24740) has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 17.9%, which is lower than the US average of 33.5%.

Tax Rates for Princeton (zip 24740)
- The Sales Tax Rate for Princeton (zip 24740) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Princeton (zip 24740) 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 Princeton (zip 24740)
- The average income of a Princeton (zip 24740) resident is $22,453 a year. The US average is $28,555 a year.
- The Median household income of a Princeton (zip 24740) resident is $41,121 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPrinceton, West VirginiaUnited States
  76
  -4.2%-6.2%
  17.9%33.5%
  6.0%6.2%
  6.0%4.6%
  $27,229$37,638
  $41,121$69,021
  $51,250$85,028
  Population by Occupation
  1.0%1.2%
  1.4%0.5%
  5.3%6.8%
  5.8%10.0%
  3.6%2.5%
  15.5%11.0%
  4.8%4.8%
  3.5%0.8%
  2.8%1.9%
  1.8%4.7%
  1.4%1.9%
  2.8%7.6%
  0.0%0.1%
  3.3%4.2%
  9.2%9.3%
  17.9%14.0%
  1.3%2.1%
  8.6%7.0%
  5.8%4.8%
  3.9%4.7%
Reviews for Princeton
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I'VE lived in this city for 4 years and I can tell you it's not a terrible place but has the stereotypical small town mentality. Gossip rules, they all think they are  More

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