Beckley, WV is a town known for its affordability and quality of life. The average two-bedroom rent in Beckley is $850, lower than the US average of $1,430. Additionally, the Grocery Cost Index for Beckley is 93 as opposed to 100 in the US, meaning groceries cost 7% less in Beckley compared to the national average. As such, living in Beckley presents an opportunity to save on living costs while still enjoying high quality of life. There are many great local companies that also call Beckley home, including Great Escape Realty & Development Inc., A-Ditch Excavating & Hauling LLC, All Appalachian Home Care LLP, and Reger Construction Group LLC.
Beckley has an unemployment rate of 6.4%. The US average is 6.0%.
Beckley 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 20.8%, which is lower than the US average of 33.5%.
Tax Rates for Beckley
- The Sales Tax Rate for Beckley is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Beckley 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 Beckley
- The average income of a Beckley resident is $22,999 a year. The US average is $28,555 a year.
- The Median household income of a Beckley resident is $39,845 a year. The US average is $69,021 a year.