Buffalo, WV is a small town located in the Northern Panhandle of West Virginia. It has a population of just over 1,000 people and a median rent for two-bedroom apartments is $850 per month, which is significantly less than the national average of $1,430. In terms of groceries, Buffalo has an index of 97 versus 100 in the US. The cost of living in Buffalo is much more affordable which makes it attractive to those looking for an area to settle down on a budget.
Local businesses include Beckley's Automotive Inc., Smith Mountain Industries LLC, and Buffalo Veterinary Services. Local attractions include Big Ditch Park which offers fishing and picnicking opportunities surrounded by natural beauty as well as the nearby Hatfield McCoy ATV Trails that make for an exciting day trip. Monument Park is also located in Buffalo providing visitors with an opportunity to explore historic sites from the area’s past.
Buffalo has an unemployment rate of 5.1%. The US average is 6.0%.
Buffalo has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 27.9%, which is lower than the US average of 33.5%.
Tax Rates for Buffalo
- The Sales Tax Rate for Buffalo is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Buffalo 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 Buffalo
- The average income of a Buffalo resident is $21,362 a year. The US average is $28,555 a year.
- The Median household income of a Buffalo resident is $48,125 a year. The US average is $69,021 a year.