Beards Fork, WV is a small town with an estimated population of 600 people located in West Virginia. It is an affordable place to live as rent for a two bedroom apartment costs only $820 compared to the US average of $1,430. Grocery prices are also lower than the national average, making it even more economical. The local economy relies heavily on farming and other small businesses such as stores and restaurants. Some of the notable companies include Beards Fork Farm Supply Store and Marsh's Pub & Grill. The town also hosts events throughout the year like festivals and holiday celebrations that bring people from all over together. With a low cost of living, friendly locals, and plenty of activities to do, Beards Fork is an ideal place to call home.
Beards Fork has an unemployment rate of 7.8%. The US average is 6.0%.
Beards Fork has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 18.3%, which is lower than the US average of 33.5%.
Tax Rates for Beards Fork
- The Sales Tax Rate for Beards Fork is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Beards Fork is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Beards Fork
- The average income of a Beards Fork resident is $25,828 a year. The US average is $28,555 a year.
- The Median household income of a Beards Fork resident is $26,324 a year. The US average is $69,021 a year.