Hamlin, WV is a small town located in the eastern part of West Virginia. It is known for its low cost of living, with an average 2 bedroom rent being $910 compared to the US average of $1,430. Additionally, grocery costs are 3% less than the national average at 97 on the index. This small town offers amenities such as local shops and services including Hamlin Grill & Deli, A-1 Automotive, Hamlin Hardware & Rental Center, and Crossroads Repair Services. Additionally, residents can enjoy spending time outdoors at nearby Yew Lake or explore nearby towns like Dunlow or Ona.
Hamlin has an unemployment rate of 7.8%. The US average is 6.0%.
Hamlin has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 21.7%, which is lower than the US average of 33.5%.
Tax Rates for Hamlin
- The Sales Tax Rate for Hamlin is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Hamlin 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 Hamlin
- The average income of a Hamlin resident is $26,603 a year. The US average is $28,555 a year.
- The Median household income of a Hamlin resident is $32,470 a year. The US average is $69,021 a year.