WEST VIRGINIA
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With an area of 24,230 square miles, the state of West Virginia is ranked 41st in the nation. Its capital city is Charleston and with a population of 1,850,326 as it was estimated at 2014, the state is the 38th most populous in the country. The landmarks of the state are “Cass Scenic Railroad State Park”, “West Virginia State Penitentiary” and “New River Gorge Bridge”. West Virginia’s nickname is “Mountain State”.
In the state are located 43 colleges and universities that are overseen by the Carnegie Classification of Institutions of Higher Education. Also, the state of West Virginia has three medical schools: Marshall University Joan C. Edwards, West Virginia School of Osteopathic Medicine and West Virginia University School of Medicine.
The nominal gross state product in 2009 according to the Bureau of Economic Analysis was $63.34 billion and the real gross state product was $55.04 billion. Interesting fact: the state’s per capita income grew to 1.8% in 2009, while per capita income fell 2.6% nationally. West Virginia was the only one of ten states that showed some improvements economically back in 2009.
Morgantown is one of the smallest cities in West Virginia that was ranked in the top ten cities in the nation to do business, by the Forbes magazine. The state’s sales tax rate is 6%. The citizens in West Virginia are taxed within five brackets, ranging from 3.0% to 6.5%. Also the counties in the state collect property taxes. After tourism, a major industry in the state is the production of coal, large amounts of natural gas and a fair amount of natural gas and a fair amount of oil and green energy. The growth of the wages in the state during 2013 was the lowest in the nation with only 1.5%.