Elk Garden, WV is a small town located in Mineral County near the state borders of Virginia and Maryland. It's known for its rural charm and stunning views of nature. In terms of amenities, Elk Garden has several local businesses such as Larry’s Auto Repair, Wilson’s Grocery Store, and The Coffee Hut. Residents can also find many outdoor activities in the area like hiking and fishing. The cost of living in Elk Garden is affordable compared to national averages. Two bedroom rent costs $810 which is much lower than the US average of $1430. Similarly, the grocery cost index in Elk Garden is 100 versus 100 nationally making it an ideal place to live for people who are budget conscious.
Elk Garden has an unemployment rate of 5.7%. The US average is 6.0%.
Elk Garden has seen the job market decrease by -5.1% 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 Elk Garden
- The Sales Tax Rate for Elk Garden is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Elk Garden 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 Elk Garden
- The average income of a Elk Garden resident is $20,812 a year. The US average is $37,638 a year.
- The Median household income of a Elk Garden resident is $0 a year. The US average is $69,021 a year.