Follansbee, WV is a small city located in Brooke County with a population of approximately 3,300 people. Rent for a two bedroom apartment is considerably lower than the US average at $810 per month. Additionally, the cost of living in Follansbee is lower than average as well as demonstrated by the grocery cost index of 96 compared to the US base 100. It is an appealing city to live in for those who want to save money without sacrificing many of the comforts of living in a larger city. Companies located in Follansbee include Follansbee Steel Corporation, ArcelorMittal Weirton Corporation, and AIMCO Manufacturing Co., Inc.
Follansbee has an unemployment rate of 7.2%. The US average is 6.0%.
Follansbee has seen the job market decrease by -5.0% over the last year. Future job growth over the next ten years is predicted to be 19.0%, which is lower than the US average of 33.5%.
Tax Rates for Follansbee
- The Sales Tax Rate for Follansbee is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Follansbee 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 Follansbee
- The average income of a Follansbee resident is $32,440 a year. The US average is $37,638 a year.
- The Median household income of a Follansbee resident is $43,676 a year. The US average is $69,021 a year.