Wood County · West Virginia · South · 29k residents
Parkersburg, WV: economy, jobs & business costs
The site-selection read on Parkersburg: labor costs, talent, corporate tax, energy, and business activity, with the West Virginia median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,093/wk. West Virginia's corporate income tax rate is 6.5%. Commercial electricity averages 11.6¢/kWh.
Compare Parkersburg side by side
Avg. weekly wage
$1,093/wk
Corporate income tax
6.5%
Bachelor's degree or higher
21%
Commercial electricity
11.6¢/kWh
Economic momentum
How fast Parkersburg's economy is moving, ranked against the US cities we track.
39/100
Steady
Ranks Parkersburg's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $121,600 |
| Price per sq. ft. | $110 |
| Property tax rate | 0.57% |
| 1-bedroom rent | $557/mo |
| 2-bedroom rent | $824/mo |
| State & local income tax | 4.07% |
| Sales tax | 6.55% |
| Corporate income tax | 6.5% |
| Avg. weekly wage | $1,093/wk |
| Bachelor's degree or higher | 21% |
| Commercial electricity | 11.6¢/kWh |
| Businesses per 1k residents | 32.3/1k |
| Wage: Software developer | $121,000 |
| Wage: Registered nurse | $79,000 |
| Wage: General manager | $81,660 |
| Wage: Customer service | $37,190 |
| Wage: Warehouse worker | $33,410 |
| Wage: Heavy truck driver | $47,050 |
| Wage: Electrician | $59,550 |
| Wage: Retail salesperson | $28,220 |
| Cost of living index | 71 |
| Groceries index | 96 |
| Utilities | $165/mo |
| Transit pass | $40/mo |
| Gas price | $3.20/gal |
| Healthcare index | 92 |
| Childcare (per child) | $750/mo |
| Median household income | $49,025 |
| Unemployment rate | 4.2% |
| Population | 29k |
| Crime index | 38/100 |
| School rating | 4.6/10 |
| Walkability | 30/100 |
| Disaster risk | 80/100 |
| Avg. commute | 26 min |
| Sunny days / year | 160 days |
| July high | 87°F |
| January low | 24°F |
| Annual snowfall | 11 in |
| Home price YoY | +0.6% |
| Home price MoM | -0.3% |
| Rent YoY | — |
| Rent MoM | +2.7% |
| Employment (jobs) YoY | -1.0% |
| Building permits YoY | +20.0% |
| Ocean coast | 345 mi |
| Big lake | 155 mi |
| Mountains | 115 mi |
| Major airport | 87 mi |
| Ski resort | 102 mi |
Popular comparisons
Nearby
- Charleston, WV · 47k
- Clarksburg, WV · 16k
- Wheeling, WV · 26k
- Fairmont, WV · 18k
- Huntington, WV · 46k
Similar size
- Morgantown, WV · 30k
- Martinsburg, WV · 19k
- Weirton, WV · 19k
- Beckley, WV · 17k
Real listings in Parkersburg
LoopNet ↗Crexi ↗CommercialCafe ↗
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- Is Parkersburg a good place to run a business?
- West Virginia's corporate income tax rate is 6.5%; average weekly wages in the surrounding labor market run $1,093/wk; commercial electricity averages 11.6¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Parkersburg, WV?
- Parkersburg indexes at 71 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $824/mo and a acs median home value of $121,600.
- How much does a house cost in Parkersburg?
- The acs median home value in Parkersburg is $121,600 (Census ACS estimate; individual listings vary).
- How much is rent in Parkersburg?
- A two-bedroom in Parkersburg rents for about $824/mo.