Lost Creek, WV is a small town located in the Eastern Panhandle region of West Virginia. This charming mid-sized town has much to offer its residents. The cost of living in Lost Creek is quite affordable compared to other parts of the country. The average two-bedroom rent is only $810, while nationally it stands at $1,430. Additionally, the Grocery Cost Index in Lost Creek is 98 versus 100 in the US.
In terms of local companies, Lost Creek is home to several businesses including Harlan Auto Supply Co., Rippon's Ranch Market, and Ballard Brothers Tractor & Equipment Co.. These companies offer products and services that make life more convenient for locals. Overall, Lost Creek provides an affordable lifestyle with plenty of amenities for its population to enjoy.
Lost Creek has an unemployment rate of 5.8%. The US average is 6.0%.
Lost Creek has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 37.3%, which is higher than the US average of 33.5%.
Tax Rates for Lost Creek
- The Sales Tax Rate for Lost Creek is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lost Creek 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 Lost Creek
- The average income of a Lost Creek resident is $22,735 a year. The US average is $28,555 a year.
- The Median household income of a Lost Creek resident is $44,167 a year. The US average is $69,021 a year.