All critical economic indicators in the Morgantown Metropolitan Statistical Area (MSA), which includes both Monongalia and Preston Counties, have surged in the past two decades and our unemployment rate has remained low. Monongalia County represents the primary economic engine for the state.
“West Virginia has a number of diverse site and building locations. Opportunity awaits with thousands of acres of flat, developable land, hill after hill of forested property for the building industry, existing business complexes, industrial parks with river access, manufacturing warehouses and more.”
Visit the West Virginia Development Office Sites & Buildings page for a dynamic list of available sites in the greater Morgantown, WV area.
To speak with someone about growing your business here, please contact us via email or at (304) 292-3311.
Population has grown by more than 1%, or over 1,400 people, in Monongalia and Preston Counties. With the MSA touting over 140,000 residents, population is expected to continue to grow.
The state’s third largest, Monongalia County has been the region’s leader in population growth over the last decade.
Workforce in the Morgantown MSA continues to shine in the region. Monongalia county is expected to exhibit the highest rate of employment growth in the entire state of West Virginia at 1.5%, even exceeding the United States forecasted average.
- Per Capita Personal Income has grown by 3.4% in the North Central West Virginia region and it is expected to increase in Monongalia County by 1.7% through 2024.
- Monongalia County has the lowest unemployment rate in the region at 3.4% in 2019.
Education in Monongalia County exceeds the national average as more than 40% of residents age 25 and over hold a bachelor’s degree or higher.
Technology & Research
“Morgantown is growing its healthcare and high-tech sectors by anchoring the “I-79 High Tech Corridor.” Developments include Morgantown’s National Energy Technology Laboratory, Center for Entrepreneurial Studies and Development, National Biometric Security Center, National Research Center for Coal and Energy, and the Software Engineering Research Center.” – Area Development