Hometown, WV is a vibrant community that offers a high quality of life and an affordable cost of living. The average two bedroom rent is $990 compared to the US average of $1,430, making it much more affordable for families and individuals looking to settle in the area. Also, the Grocery Cost Index in Hometown, WV is 97 versus 100 in the US which shows that groceries are very inexpensive.
The city is home to many well-known companies such as Walmart, Target, Aldi's and McDonalds. They all provide job opportunities for local residents and contribute to the economic development of the area. With lower costs than nearby cities and towns, Hometown is an ideal location for those looking for a comfortable place to call home.
Hometown has an unemployment rate of 5.1%. The US average is 6.0%.
Hometown has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 27.9%, which is lower than the US average of 33.5%.
Tax Rates for Hometown
- The Sales Tax Rate for Hometown is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Hometown 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 Hometown
- The average income of a Hometown resident is $22,273 a year. The US average is $28,555 a year.
- The Median household income of a Hometown resident is $40,448 a year. The US average is $69,021 a year.