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How Much You Need To Make In West Virginia To Be Comfortable
6 days ago
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Determining a comfortable salary in West Virginia can vary significantly based on various factors such as lifestyle, family size, location, and individual financial goals. As of July 2024, salary data from sources like ZipRecruiter and SmartAsset provide a comprehensive view of what one might expect to earn and need to live comfortably in the Mountain State.
Salary Ranges in West Virginia
Comfortable Salary:
10% of jobs: $18,967 – $21,289
25th percentile: $23,200
90th percentile: $39,482
Average Salary:
13% of jobs: $27,382 – $33,650
25th percentile: $41,377
Overall average: $55,560
These figures indicate a wide range of incomes, reflecting the diverse economic landscape of West Virginia. The cost of living here is generally lower than the national average, which contributes to why salaries that might seem modest in other states can still offer a comfortable lifestyle in West Virginia.
Middle Class Income
According to SmartAsset, the middle class income range in West Virginia spans from $35,142 to $105,438. This range helps contextualize what a "comfortable" salary might look like, depending on where you fall within these figures and your personal expenses.
Living Wage by County
Living wages can differ notably between counties in West Virginia. Here are some examples of living wages needed to support different household types in specific counties:
Kanawha County:
Single person: $15.05 per hour
Household with two working adults and two children: $22.15 per hour (per adult)
Cabell County:
Single person: $15.05 per hour
Household with two working adults and two children: $22.15 per hour (per adult)
These living wages provide a more granular perspective, highlighting the importance of considering family size and local costs when determining a comfortable salary.
Salary Insights by Industry
Counties with strong industries such as healthcare, mining, and natural gas often offer higher average salaries. Here are some examples:
Monongalia County: Average salary around $54,000
Harrison County: Average salary around $47,000
Kanawha County: Average salary around $46,000
These counties illustrate how economic drivers can influence salary expectations, with some areas offering higher wages due to the presence of robust industries.
What Does "Comfortable" Mean?
A comfortable salary is highly subjective and depends on individual and family needs. Here are some general factors to consider:
Housing: West Virginia boasts relatively affordable housing, with median home prices significantly lower than the national average. However, location within the state can affect housing costs.
Utilities and Transportation: Lower costs for utilities and transportation contribute to the overall affordability of living in West Virginia.
Healthcare and Education: Access to quality healthcare and educational institutions can vary, influencing where one might choose to live and how much they need to earn.
Lifestyle Choices: Personal preferences for dining, entertainment, travel, and savings goals also play a role in determining what constitutes a comfortable salary.
Conclusion
While the average and comfortable salaries in West Virginia may seem lower compared to national figures, the state's lower cost of living allows for a fulfilling lifestyle without needing extraordinarily high incomes. By considering local living wages, industry salaries, and personal financial goals, one can better understand how much they need to earn to live comfortably in West Virginia. Whether you're planning to move to the state or assessing your current financial situation, these insights can help guide your decisions.
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