Granville, WV is a small town known for its low cost of living and vibrant culture. According to the data given, Granville’s 2 bedroom rent is at $890 per month, which is significantly lower than the US average of $1,430. The Grocery Cost Index in Granville is 97 compared to 100 in the US. This indicates that items such as food are significantly cheaper in Granville than other parts of the country. Furthermore, local businesses such as Granville Pharmacy, Jenny’s Hair Salon, and Valley Hardware are contributing to its thriving economy. All this makes it clear why many people choose to reside in Granville - where they can experience a comfortable lifestyle without having to break their budget.
Granville has an unemployment rate of 4.3%. The US average is 6.0%.
Granville has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 37.8%, which is higher than the US average of 33.5%.
Tax Rates for Granville
- The Sales Tax Rate for Granville is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Granville 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 Granville
- The average income of a Granville resident is $19,403 a year. The US average is $28,555 a year.
- The Median household income of a Granville resident is $29,018 a year. The US average is $69,021 a year.