Zip 26440 (Thornton, WV) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
26440 Thornton, WV is a small town located in West Virginia with a population of around 843 people. It is known for its quaint atmosphere and small-town charm. The average 2 bedroom rent in this area is $950, which is much lower than the US average of $1,430. Furthermore, the Grocery Cost Index in this area is 97 versus 100 in the US which makes it a great place for residents to shop. There are many local businesses located here such as Mtn Top Café, Holly's Place Restaurant & Bar, and G&G Market that can provide residents with all their needs.
Living in 26440 Thornton is generally known to have its pros and cons like any other place. Some of the positives include its low housing costs (compared to US averages), access to local restaurants and shops, and its beautiful scenery and outdoor activities due to being near mountains. On the other hand, some of the downsides include limited job opportunities due to being secluded from large cities and having a very limited nightlife scene due to its size.

Thornton (zip 26440) has an unemployment rate of 5.5%. The US average is 6.0%.

Thornton (zip 26440) has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 32.0%, which is lower than the US average of 33.5%.

Tax Rates for Thornton (zip 26440)
- The Sales Tax Rate for Thornton (zip 26440) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Thornton (zip 26440) 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 Thornton (zip 26440)
- The average income of a Thornton (zip 26440) resident is $19,035 a year. The US average is $28,555 a year.
- The Median household income of a Thornton (zip 26440) resident is $51,923 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyThornton, West VirginiaUnited States
  5.56
  -4.1%-6.2%
  32.0%33.5%
  6.0%6.2%
  6.0%4.6%
  $22,886$37,638
  $51,923$69,021
  $75,972$85,028
  Population by Occupation
  3.3%1.2%
  8.8%0.5%
  13.8%6.8%
  3.1%10.0%
  0.0%2.5%
  11.0%11.0%
  1.8%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  10.5%4.2%
  5.9%9.3%
  12.1%14.0%
  2.2%2.1%
  0.0%7.0%
  16.2%4.8%
  11.4%4.7%
Health