Matewan, WV is a small town full of culture and history. It is located in Mingo County and has a population of around 400 people. The cost of living here is much lower than the national average with 2 bedroom rent being only $670 compared to the US average of $1,430. Similarly, the grocery cost index is 95 versus 100 in the US. Although small, Matewan has plenty to offer including local businesses such as L&S Pharmacy, All-Star Auto Parts, Kenny's Barbershop, and D & J Automotive. There are also numerous attractions such as the historic Thacker House Museum which was built in 1896 and features artifacts from early settlers of Matewan as well as Hatfield-McCoy trails for those wanting to explore the outdoors.
Matewan has an unemployment rate of 9.9%. The US average is 6.0%.
Matewan has seen the job market decrease by -8.7% over the last year. Future job growth over the next ten years is predicted to be 14.9%, which is lower than the US average of 33.5%.
Tax Rates for Matewan
- The Sales Tax Rate for Matewan is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Matewan 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 Matewan
- The average income of a Matewan resident is $14,868 a year. The US average is $37,638 a year.
- The Median household income of a Matewan resident is $18,173 a year. The US average is $69,021 a year.