Moorefield, WV is a small rural town located in Hardy County. The living costs are much lower than the national average, with rent prices for a two bedroom coming in at $770 per month compared to the US average of $1,430 per month. Grocery prices are also lower here with a grocery cost index of 97 versus 100 in the US. Local companies in Moorefield include Gladesboro Inc., Moorefield Electric Co-op and Dairyland Farms. It's a great place to live if you're looking for an affordable lifestyle in a town with strong community ties.
Moorefield has an unemployment rate of 6.0%. The US average is 6.0%.
Moorefield has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 39.6%, which is higher than the US average of 33.5%.
Tax Rates for Moorefield
- The Sales Tax Rate for Moorefield is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Moorefield 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 Moorefield
- The average income of a Moorefield resident is $18,628 a year. The US average is $28,555 a year.
- The Median household income of a Moorefield resident is $43,972 a year. The US average is $69,021 a year.