Barrackville, WV is a small town located in the state of West Virginia. It is known for its affordable living costs and friendly people. The average 2-bedroom rent is only $780 compared to the US average of $1430. This makes it an ideal location for budget-conscious families looking to rent or purchase property. Additionally, Barrackville also boasts a Grocery Cost Index of 98 versus 100 in the US, making it more affordable to buy food items in Barrackville than other locations.
The town's local economy relies heavily on agriculture and timber production, with many companies like Johnstone Supply and Black Oak Farms contributing to the local economy. Other businesses include pharmacies, restaurants, banks, churches and libraries providing further amenities and services to residents.
Barrackville has an unemployment rate of 6.0%. The US average is 6.0%.
Barrackville has seen the job market decrease by -5.3% over the last year. Future job growth over the next ten years is predicted to be 24.0%, which is lower than the US average of 33.5%.
Tax Rates for Barrackville
- The Sales Tax Rate for Barrackville is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Barrackville 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 Barrackville
- The average income of a Barrackville resident is $26,817 a year. The US average is $37,638 a year.
- The Median household income of a Barrackville resident is $60,820 a year. The US average is $69,021 a year.