Lavalette, WV is a small city located in Wayne County, West Virginia. It has a population of around 519 people and is known for its friendly atmosphere as well as its affordability. The 2 bedroom rent in Lavalette is $840 which is much cheaper compared to the US average of $1,430 for a two bedroom apartment. Additionally, grocery costs are also significantly lower in Lavalette with the Grocery Cost Index being 98 versus 100 in the United States.
One of the perks of living in Lavalette is that all your basic needs can be taken care of within the city. Various local companies provide services such as auto repair shops, pharmacies, restaurants and other types of stores. This makes it easier for residents to obtain what they need without having to drive far away from home. Moreover, you can expect to pay significantly less than other places in West Virginia due to lower costs associated with living locally. All these factors make Lavalette an attractive place to live for those looking for an affordable cost of living while still having access to all their basic needs.
Lavalette has an unemployment rate of 6.2%. The US average is 6.0%.
Lavalette 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 23.2%, which is lower than the US average of 33.5%.
Tax Rates for Lavalette
- The Sales Tax Rate for Lavalette is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lavalette 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 Lavalette
- The average income of a Lavalette resident is $25,032 a year. The US average is $28,555 a year.
- The Median household income of a Lavalette resident is $105,625 a year. The US average is $69,021 a year.