Galloway, WV is a small town with a reasonable cost of living. The average 2 bedroom rent in the area is $690 per month, which is significantly lower compared to the national average of $1,430. In addition, the Grocery Cost Index in Galloway, WV is 97 versus 100 in the US. This makes it an attractive place to live with a low cost of living. Local companies such as AmeriGas propane exchange and West Virginia Pleasure Boat services are two popular businesses in Galloway.
Galloway has an unemployment rate of 6.1%. The US average is 6.0%.
Galloway has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 29.6%, which is lower than the US average of 33.5%.
Tax Rates for Galloway
- The Sales Tax Rate for Galloway is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Galloway 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 Galloway
- The average income of a Galloway resident is $17,436 a year. The US average is $28,555 a year.
- The Median household income of a Galloway resident is $47,386 a year. The US average is $69,021 a year.