Reedsville, WV is a small town located in the outskirts of West Virginia. It is known for its low cost of living, with two bedroom rent averaging at $820 compared to the national average of $1,430. Groceries are also more affordable in Reedsville as the Grocery Cost Index is 98 versus 100 nationally. \nThe town is home to several popular companies and organizations such as Reedville Marine Supply, Reedsville Fire Department, Valley Insurance Services, and Quick's Electric Company. The city also has plenty of recreational activities available such as hiking in the nearby Rend Lake State Park or visiting a local museum like the Reedsville Historical Museum which showcases the history of the area from its settlement days back in 1800s.
Reedsville has an unemployment rate of 5.4%. The US average is 6.0%.
Reedsville 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 Reedsville
- The Sales Tax Rate for Reedsville is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Reedsville 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 Reedsville
- The average income of a Reedsville resident is $19,072 a year. The US average is $28,555 a year.
- The Median household income of a Reedsville resident is $49,744 a year. The US average is $69,021 a year.