Masontown, WV is a small town located in Preston county with a rich history and plenty of local businesses. Rent for a two-bedroom apartment costs around $850, which is significantly lower than the US average of $1,430. Groceries also tend to be cheaper in Masontown as the Grocery Cost Index is 96 compared to 100 for the US. Popular companies located in Masontown include KFC, Dairy Queen, and Gino’s Pizza. With such affordable rent prices and low grocery costs, Masontown has an excellent cost of living that makes it ideal for families on a budget or those simply looking to save some money.
Masontown has an unemployment rate of 5.4%. The US average is 6.0%.
Masontown has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 36.1%, which is higher than the US average of 33.5%.
Tax Rates for Masontown
- The Sales Tax Rate for Masontown is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Masontown 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 Masontown
- The average income of a Masontown resident is $21,115 a year. The US average is $28,555 a year.
- The Median household income of a Masontown resident is $51,500 a year. The US average is $69,021 a year.