Best Cities for Small Business in West Virginia
What Small Business Should Know About West Virginia
West Virginia ranks #46 out of 50 for small business owners and entrepreneurs, presenting some challenges for business formation and growth. The state's fiscal health score of 60/100 is adequate, though fiscal conditions aren't a standout advantage.
Tax policy directly impacts the bottom line. West Virginia's overall tax burden is 8.85% of income, with a 4.82% income tax rate that applies to both personal and pass-through business income. The 6.59% combined sales tax rate is moderate and worth factoring into pricing strategy. The economic environment (score: 14/100) with 4.7% unemployment shows healthy labor availability.
Population is roughly stable, meaning market growth will depend on capturing share rather than riding demographic expansion. Workforce quality may require investment in training β the education score of 6/100 suggests gaps in preparation. Housing at $249,000 median helps attract and retain employees who can afford to live nearby.
All 20 Cities Ranked for Small Business
| # | City | Grade | Small Business Score | Overall | Fiscal Health | Economy | Growth | Population |
|---|---|---|---|---|---|---|---|---|
| 1 | Bridgeport | B+ | 61.3 | 58.0 | 77 | 53 | 49 | 9,292 |
| 2 | Cheat Lake | C+ | 55.5 | 50.1 | 79 | 58 | 50 | 10,485 |
| 3 | Teays Valley | C | 54.5 | 48.1 | 77 | 56 | 50 | 13,961 |
| 4 | Vienna | C+ | 50.7 | 50.4 | 53 | 46 | 36 | 10,575 |
| 5 | Weirton | C+ | 46.9 | 50.4 | 39 | 39 | 32 | 18,785 |
| 6 | Charleston | D | 46.1 | 45.0 | 38 | 51 | 36 | 47,918 |
| 7 | Cross Lanes | D | 45.5 | 42.8 | 54 | 37 | 50 | 10,172 |
| 8 | Martinsburg | C | 44.6 | 47.3 | 22 | 44 | 46 | 18,805 |
| 9 | St. Albans | D | 42.7 | 44.2 | 41 | 35 | 28 | 10,637 |
| 10 | Fairmont | D | 42.7 | 44.0 | 35 | 36 | 30 | 18,303 |
| 11 | Wheeling | D | 42.1 | 42.7 | 26 | 40 | 37 | 26,670 |
| 12 | Clarksburg | D | 41.0 | 44.8 | 18 | 38 | 34 | 15,829 |
| 13 | Morgantown | C | 40.7 | 49.0 | 3 | 39 | 48 | 30,273 |
| 14 | South Charleston | D | 40.5 | 41.0 | 27 | 44 | 34 | 13,594 |
| 15 | Parkersburg | D | 40.1 | 42.6 | 17 | 37 | 35 | 29,461 |
| 16 | Moundsville | C | 39.9 | 45.9 | 24 | 31 | 28 | 7,934 |
| 17 | Oak Hill | D | 38.9 | 43.0 | 32 | 32 | 22 | 8,057 |
| 18 | Huntington | F | 36.2 | 38.8 | 8 | 38 | 33 | 46,189 |
| 19 | Bluefield | F | 34.8 | 37.1 | 22 | 29 | 24 | 9,511 |
| 20 | Beckley | F | 32.5 | 34.6 | 8 | 32 | 32 | 16,977 |