Burlington, WV is a charming and vibrant city with plenty of attractions. It is known for its affordability, with 2 bedroom rent being $1,000 versus the US average of $1,430. Additionally, grocery costs in Burlington are slightly cheaper than average, scoring 102 on the cost index versus 100 in the US. \nThere are several local companies that call Burlington home. For example, Clear Mountain Bank provides banking services to the community and has been in business since 1938. Another prominent business is Grafton Sportswear and Embroidery who have been creating custom garments since 1991. Finally, there is also Z&M Harley Davidson which provides all things related to motorcycles and has been part of the town since 1998.
Burlington has an unemployment rate of 5.7%. The US average is 6.0%.
Burlington has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 33.7%, which is higher than the US average of 33.5%.
Tax Rates for Burlington
- The Sales Tax Rate for Burlington is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Burlington 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 Burlington
- The average income of a Burlington resident is $15,658 a year. The US average is $28,555 a year.
- The Median household income of a Burlington resident is $92,552 a year. The US average is $69,021 a year.