Davy, WV is located in the heart of Appalachia and offers beautiful scenery. It is a great place to live due to its low cost of living; the average 2 bedroom rent is $580 compared to the US average of $1,430. Also, the grocery cost index in Davy is 86, compared to 100 in the US. There are many local businesses providing employment opportunities such as M&M Tire and Auto Services, Southern States Co-op, and All American Tree Services that help contribute to Davy’s strong economy. Davy also offers plenty of outdoor activities such as camping and fishing and plenty of restaurants for socializing with friends. In summary, Davy makes for a great place to live with its low cost of living and plethora of activities available for residents.
Davy has an unemployment rate of 9.7%. The US average is 6.0%.
Davy has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 15.9%, which is lower than the US average of 33.5%.
Tax Rates for Davy
- The Sales Tax Rate for Davy is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Davy 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 Davy
- The average income of a Davy resident is $13,760 a year. The US average is $28,555 a year.
- The Median household income of a Davy resident is $28,500 a year. The US average is $69,021 a year.