Morgantown city, WV

ZIP 26505 — Economy & Jobs

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Income, employment, industries, and economic trends

Income & Economy in Morgantown city, WV (26505)

Median Income

$42,275

*Adjusted for inflation (2023 dollars)

IRS Net Migration

+1,400

Wealth inflow

Population

37,691

Unemployment

6.0%

2.3pp above US avg

IRS migration statistics show a net inflow of about 1,400 for ZIP 26505 (Morgantown city, WV) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.

Economic Indicators

Unemployment

6.0%+63% vs US avg

Self-Employed

1.9%-68% vs US avg

SNAP Benefits

8.8%-25% vs US avg

1,000

Establishments

16,488

Employees

~16 per establishment — small businesses dominate

Education

Top Industry

Economic Distributions

Census ACS 5-Year (P0): occupation, industry, household income brackets.

Occupation

Industry

Agriculture, forestry, mining0.9%
Construction2.7%
Manufacturing3.9%
Wholesale trade0.9%
Retail trade10.8%
Transportation, utilities1.8%
Information1.5%
Finance, insurance, real estate3.7%
Professional, scientific, management9.7%
Education, health care, social42.2%
Arts, entertainment, food services13.3%
Other services4.2%
Public administration4.3%

Household Income

Historical Trends in 26505 (2020–Present)

Since 2020, population declined 4.5%, median income fell 13.7% (inflation-adjusted), home values decreased 1.3%.

Median Income

$42,275

-44% vs US avg

Unemployment Rate