Kingwood, WV is an ideal location for people looking for a cozy place to call home. The 2 bedroom rent in Kingwood is much lower than the national average, making it an attractive destination for those on a budget. Additionally, the Grocery Cost Index in Kingwood is slightly lower than the US average, making it an economical spot to live. There are many local attractions and businesses to explore in Kingwood. Nature enthusiasts will appreciate the nearby parks like Watoga State Park and Monongahela National Forest. Other attractions include Mount Storm Lake and Seneca Rocks Visitor Center. Businesses such as Fairmont Supply Company, Cheat Valley Veterinary Services, and Bright Star Fitness offer residents ample opportunity for employment or recreational activities.
Kingwood has an unemployment rate of 5.4%. The US average is 6.0%.
Kingwood 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 36.1%, which is higher than the US average of 33.5%.
Tax Rates for Kingwood
- The Sales Tax Rate for Kingwood is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Kingwood 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 Kingwood
- The average income of a Kingwood resident is $24,701 a year. The US average is $28,555 a year.
- The Median household income of a Kingwood resident is $64,850 a year. The US average is $69,021 a year.