Idamay, West Virginia is a small village located in Marion County. It has a population of about 400 people. The cost of living in Idamay is relatively low compared to the US average, which makes it an attractive option for families looking for affordable housing options. For example, 2 bedroom rent in Idamay is $790 compared to the US average of $1,430. Additionally, grocery cost index in Idamay is 96 points versus 100 points in the US. Despite being a small town with limited economic activity, there are several local companies that provide employment opportunities including businesses like Wheeler's Auto Care and Buchanan's Grocery Store. Families also have access to quality education in the area with schools such as Van Kirk Elementary School and East Fairmont High School located nearby. With its welcoming community and low cost of living, Idamay makes for an ideal place to raise a family and start a business.
Idamay has an unemployment rate of 6.0%. The US average is 6.0%.
Idamay has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 24.0%, which is lower than the US average of 33.5%.
Tax Rates for Idamay
- The Sales Tax Rate for Idamay is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Idamay 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 Idamay
- The average income of a Idamay resident is $26,427 a year. The US average is $28,555 a year.
- The Median household income of a Idamay resident is $90,370 a year. The US average is $69,021 a year.