Camden-on-Gauley, WV is a small town situated in Webster County with a population of around 500 people. It is known for its low cost of living, including two bedroom rent which is approximately $660 compared to the US average of $1,430. Additionally, the town's grocery cost index is 95 compared to 100 in the US. This makes it an attractive place for those looking for an affordable quality of life.
The local economy depends heavily on agriculture and timber production as well as coal mining. Other popular businesses include Tazewell Lumber Company, River Valley Bank & Trust Company and Southwell’s Garage and Performance. Local amenities include Gauley River National Recreation Area, Big Otter Creek Nature Preserve and Glade Springs Resort for recreational activities.
Camden-on-Gauley has an unemployment rate of 7.7%. The US average is 6.0%.
Camden-on-Gauley has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 19.3%, which is lower than the US average of 33.5%.
Tax Rates for Camden-on-Gauley
- The Sales Tax Rate for Camden-on-Gauley is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Camden-on-Gauley 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 Camden-on-Gauley
- The average income of a Camden-on-Gauley resident is $17,236 a year. The US average is $28,555 a year.
- The Median household income of a Camden-on-Gauley resident is $45,781 a year. The US average is $69,021 a year.