Falling Spring, WV is a great place to live with its affordability and proximity to big cities. Rent for a two-bedroom apartment is only $780, which is about 45% cheaper than the US average of $1,430. The cost of groceries is also lower than the national average at 93 versus 100. Local companies in Falling Spring include Skyline Corporation, McGlaughlin Oil Company, and Asbury Automotive Group Inc., which offer employment opportunities for local residents.
Falling Spring has an unemployment rate of 6.0%. The US average is 6.0%.
Falling Spring 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 30.9%, which is lower than the US average of 33.5%.
Tax Rates for Falling Spring
- The Sales Tax Rate for Falling Spring is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Falling Spring 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 Falling Spring
- The average income of a Falling Spring resident is $23,689 a year. The US average is $28,555 a year.
- The Median household income of a Falling Spring resident is $37,396 a year. The US average is $69,021 a year.