Ceredo, WV is a small town located in Wayne County. It is known for its affordability, as the 2 Bedroom Rent in Ceredo is nearly $500 less than the US average. Similarly, the Grocery Cost Index in Ceredo is 97 versus 100 in the US. This makes Ceredo an attractive place to live for those looking for lower living costs without sacrificing quality of life. The town is host to a number of local businesses, including Gray’s Hardware, Farm Bureau Insurance Agency and RE/MAX River Cities Realty. With its affordability and local companies, Ceredo is an ideal place to call home.
Ceredo has an unemployment rate of 6.2%. The US average is 6.0%.
Ceredo has seen the job market decrease by -2.9% 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 Ceredo
- The Sales Tax Rate for Ceredo is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Ceredo 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 Ceredo
- The average income of a Ceredo resident is $24,960 a year. The US average is $37,638 a year.
- The Median household income of a Ceredo resident is $42,962 a year. The US average is $69,021 a year.