Lumberport, WV is a small rural town located in West Virginia. The cost of living is much lower than the national average and it offers significant savings on rent and groceries. Rent for a two-bedroom apartment in Lumberport is just $710 compared to the national average of $1,430. Similarly, the Grocery Cost Index in Lumberport is 96 compared to 100 across the US.
The town of Lumberport has several local businesses that offer goods and services to its residents. These include J & E Landscaping, Lumberport Tire and Auto Center, Brown's Produce Market, Donut Palace Bakery & Cafe, Boothe Law Offices, and Clearwater Veterinary Clinic. All of these businesses work hard to provide quality services to the citizens of Lumberport.
Lumberport has an unemployment rate of 5.8%. The US average is 6.0%.
Lumberport 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 Lumberport
- The Sales Tax Rate for Lumberport is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lumberport 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 Lumberport
- The average income of a Lumberport resident is $21,394 a year. The US average is $28,555 a year.
- The Median household income of a Lumberport resident is $54,688 a year. The US average is $69,021 a year.