Lubeck, WV is a small city nestled in the rural hills of West Virginia. It has a population of just over 200 people, making it a tight-knit community with a unique culture and personality. Located close to major cities such as Charleston and Beckley, there are plenty of nearby attractions and amenities that make Lubeck an attractive option for those who want a quiet place to live. The rent for two bedrooms is about $850 which is less than half of the national average, making it an inexpensive option for those looking to get away from expensive urban cities. The cost of living here is relatively low compared to other areas, and the Grocery Cost Index is 99 versus 100 in the US.
The city is home to several small businesses such as Mountain State Towing Service, Lubeck Garage Door Repair & Installation, and Hillbilly Hops Brewery & Taproom. These local businesses help contribute to the vibrancy of Lubeck’s culture by providing quality services and products that benefit both residents and tourists alike. With its proximity to many popular outdoor activities such as white water rafting and hiking trails, Lubeck has become a destination for those looking for an escape from everyday life or just some fresh air and nature. Residents enjoy getting together at one of the many festivals held throughout the year like Apple Butter Festival or Summerfest Festival to celebrate their community spirit while visitors take in all that this small city has to offer.
Lubeck has an unemployment rate of 6.7%. The US average is 6.0%.
Lubeck has seen the job market decrease by -0.3% 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 Lubeck
- The Sales Tax Rate for Lubeck is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lubeck 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 Lubeck
- The average income of a Lubeck resident is $25,881 a year. The US average is $28,555 a year.
- The Median household income of a Lubeck resident is $61,737 a year. The US average is $69,021 a year.