Ghent, WV is a small town located in the Monongahela Valley in West Virginia. It offers a peaceful environment with easy access to nearby metropolitan areas. The cost of living in Ghent is very affordable with two bedroom rent averaging $820 compared to the US average of $1,430. Grocery costs are also lower than the US average, at 99 index points versus 100 for the US. Local companies that serve Ghent include Glendenning Motor Sales, Inc., Hubert's Meat Market and Grocery, and M&M Pizza & Subs. With its relatively low cost of living and local businesses offering essential services, Ghent makes for an attractive option for those looking to settle down in an idyllic community.
Ghent has an unemployment rate of 6.4%. The US average is 6.0%.
Ghent has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 20.8%, which is lower than the US average of 33.5%.
Tax Rates for Ghent
- The Sales Tax Rate for Ghent is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Ghent 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 Ghent
- The average income of a Ghent resident is $45,497 a year. The US average is $28,555 a year.
- The Median household income of a Ghent resident is $127,016 a year. The US average is $69,021 a year.