Maybeury, WV is a small town located in McDowell County. The cost of living is lower here than in the rest of the United States. On average, two-bedroom rents for $580 compared to $1,430 nationally and the grocery cost index is 86 compared to 100 in the US. This means that locals can stretch their budgets further and enjoy an affordable lifestyle without sacrificing quality. The economy in Maybeury is driven by local businesses such as Valley Coal Company, Maybeury Electrical Service, and Loyalty Computer Solutions. Valley Coal Company provides coal mining services while Maybeury Electrical Service provides electrical installations for residential and commercial projects. Last but not least, Loyalty Computer Solutions offers computer repair and information technology services to clients throughout southern West Virginia.
Maybeury has an unemployment rate of 9.7%. The US average is 6.0%.
Maybeury has seen the job market decrease by -3.6% over the last year. Future job growth over the next ten years is predicted to be 15.9%, which is lower than the US average of 33.5%.
Tax Rates for Maybeury
- The Sales Tax Rate for Maybeury is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Maybeury 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 Maybeury
- The average income of a Maybeury resident is $6,747 a year. The US average is $37,638 a year.
- The Median household income of a Maybeury resident is $0 a year. The US average is $69,021 a year.