Huntington, WV is a city that balances affordability with job opportunities. The city's average 2 bedroom rent rate is $890, much lower than the US average of $1,430. The grocery cost index in Huntington is also lower than the US average at 97. This makes it an attractive place for people looking for more affordable living expenses. Major employers in the area include Marshall University, St Mary's Medical Center, Cabell Huntington Hospital, CSX Railroad and Valley Health Systems. Together they employ over 11 thousand people and bring in an estimated $25 million to the local economy each year.
Huntington has an unemployment rate of 5.9%. The US average is 6.0%.
Huntington has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 24.7%, which is lower than the US average of 33.5%.
Tax Rates for Huntington
- The Sales Tax Rate for Huntington is 6.7%. The US average is 7.3%.
- The Income Tax Rate for Huntington 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 Huntington
- The average income of a Huntington resident is $21,173 a year. The US average is $28,555 a year.
- The Median household income of a Huntington resident is $34,351 a year. The US average is $69,021 a year.