Rand, WV is a small town located in northern West Virginia. It is known for its peaceful, rural atmosphere and stunning views of the Appalachian Mountains. The cost of living in Rand is quite low, with rental prices for two bedrooms averaging $1,090 per month compared to a national average of $1,430. Additionally, grocery costs in Rand are significantly lower than the national average with an index score of 96 versus 100 nationally. The town has several local companies including Rand Sporting Goods & Outdoors which sells high quality outdoor equipment, Rand Glassworks which offers custom stained glass products, and Driftwood Music Company providing instruments and lessons for aspiring musicians. All in all Rand is a great place to live if you're looking for rural peace and relaxation without sacrificing too much on cost of living or amenities.
Rand has an unemployment rate of 6.3%. The US average is 6.0%.
Rand has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 19.9%, which is lower than the US average of 33.5%.
Tax Rates for Rand
- The Sales Tax Rate for Rand is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Rand 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 Rand
- The average income of a Rand resident is $17,446 a year. The US average is $28,555 a year.
- The Median household income of a Rand resident is $38,945 a year. The US average is $69,021 a year.