Zip 25918 (Shady Spring, WV) Economy


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25918 Shady Spring, WV is a great place to live due to its affordability. The average 2 bedroom rental cost is $800, which is much lower than the US average of $1,430. Additionally, the Grocery Cost Index in this area is 96 versus 100 in the US. This makes it easier to stick to a budget and enjoy local amenities. There are plenty of local companies to choose from in 25918 Shady Spring, WV such as Little General Store for groceries and convenience items, T & L Tire for automotive needs and Smokin' Joe's Barbeque for delicious food. All these businesses provide great service that residents can rely on year round.

Shady Spring (zip 25918) has an unemployment rate of 6.4%. The US average is 6.0%.

Shady Spring (zip 25918) has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 20.8%, which is lower than the US average of 33.5%.

Tax Rates for Shady Spring (zip 25918)
- The Sales Tax Rate for Shady Spring (zip 25918) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Shady Spring (zip 25918) 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 Shady Spring (zip 25918)
- The average income of a Shady Spring (zip 25918) resident is $22,418 a year. The US average is $28,555 a year.
- The Median household income of a Shady Spring (zip 25918) resident is $58,324 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyShady Spring, West VirginiaUnited States
  6.46
  -4.6%-6.2%
  20.8%33.5%
  6.0%6.2%
  6.0%4.6%
  $27,837$37,638
  $58,324$69,021
  $73,678$85,028
  Population by Occupation
  0.4%1.2%
  3.7%0.5%
  7.2%6.8%
  1.5%10.0%
  0.0%2.5%
  5.0%11.0%
  1.3%4.8%
  0.0%0.8%
  0.0%1.9%
  3.7%4.7%
  0.0%1.9%
  2.2%7.6%
  0.0%0.1%
  0.5%4.2%
  6.8%9.3%
  41.4%14.0%
  0.0%2.1%
  8.3%7.0%
  13.1%4.8%
  4.6%4.7%
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