Zip 26178 (Smithville, WV) Economy


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United States / West Virginia / No Metro Area / Ritchie County / No City / Smithville (zip 26178)
26178 Smithville, WV is a small town located in the Appalachian Mountains of West Virginia. It has a population of about 100 people and is known for its rural charm and beautiful mountain views. The average rent for a two-bedroom apartment in this area is $650, which is significantly lower than the national average of $1,430. Additionally, Smithville residents enjoy a lower cost of living with the Grocery Cost Index in the area being 95 versus 100 in the U.S. There are plenty of local companies to be found in Smithville including Appalachian Timber Services, Insight Eye Care, and Paint Shop Pro. All of these businesses offer unique products and services that can be found nowhere else in the region.

Smithville (zip 26178) has an unemployment rate of 7.1%. The US average is 6.0%.

Smithville (zip 26178) has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 24.7%, which is lower than the US average of 33.5%.

Tax Rates for Smithville (zip 26178)
- The Sales Tax Rate for Smithville (zip 26178) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Smithville (zip 26178) 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 Smithville (zip 26178)
- The average income of a Smithville (zip 26178) resident is $19,801 a year. The US average is $28,555 a year.
- The Median household income of a Smithville (zip 26178) resident is $36,603 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySmithville, West VirginiaUnited States
  7.16
  -3.2%-6.2%
  24.7%33.5%
  6.0%6.2%
  6.0%4.6%
  $19,062$37,638
  $36,603$69,021
  $37,177$85,028
  Population by Occupation
  0.0%1.2%
  13.6%0.5%
  0.0%6.8%
  9.1%10.0%
  12.1%2.5%
  43.9%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  10.6%7.6%
  0.0%0.1%
  0.0%4.2%
  0.0%9.3%
  0.0%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  10.6%4.7%
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