Economy & Jobs — Spencer, West Virginia

Income & Employment

Median Household Income (Census)$37,639
Estimated 2026~$29,500
Per Capita Income$20,334
Poverty Rate33.5%
Unemployment Rate16.5%
In Labor Force627

Top Industries

IndustryShare
Education Healthcare23.3%
Retail21.1%
Manufacturing20.2%

Local Businesses (County)

TypeCount
Commercial Banks7
Child Day Care6
Gas Stations5
Insurance Agencies5
Full Service Restaurants4
Fast Food4
Grocery Stores3
Law Offices3
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.