Kenova, WV is a small town located in Wayne County with a population of 3,485 people. It’s known for its location near the border of Ohio and Kentucky, making it an ideal spot for commuters to nearby cities. The cost of living in Kenova is extremely affordable, with the average 2-bedroom rent being $820 per month - significantly lower than the US average of $1,430. Grocery costs are also low in comparison to the US at 96 on the grocery cost index versus 100 in the US. Some local businesses found in Kenova include T&D Supply Company, Brown Veterinary Clinic and New Era Contracting Service. All together, Kenova offers residents an economical lifestyle with a variety of local businesses and services to enjoy.
Kenova has an unemployment rate of 6.2%. The US average is 6.0%.
Kenova has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 23.2%, which is lower than the US average of 33.5%.
Tax Rates for Kenova
- The Sales Tax Rate for Kenova is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Kenova 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 Kenova
- The average income of a Kenova resident is $19,760 a year. The US average is $28,555 a year.
- The Median household income of a Kenova resident is $32,379 a year. The US average is $69,021 a year.