Meadow Bridge, WV is a small town located in Fayette County, known for its quaint atmosphere and family-friendly environment. The cost of living in Meadow Bridge is significantly lower than many other towns and cities throughout the United States. For example, rent for a two bedroom apartment in Meadow Bridge is about $740 while the average rent across the US for a two bedroom is almost double at $1,430. Additionally, the Grocery Cost Index in Meadow Bridge is 92 compared to 100 in the US.
The town has a variety of local businesses that make up the economic backbone of Meadow Bridge including Ruby's Grocery Store, The Cleaning Supply Depot, and Glover's Hardware Store. In addition to these stores there are also several restaurants such as The Old Mill Inn and Marie's Italian Kitchen that provide delicious home cooked meals. All these amenities make Meadow Bridge an ideal place to raise a family or start a business due its affordable cost of living.
Meadow Bridge has an unemployment rate of 7.8%. The US average is 6.0%.
Meadow Bridge has seen the job market decrease by -4.6% over the last year. Future job growth over the next ten years is predicted to be 18.3%, which is lower than the US average of 33.5%.
Tax Rates for Meadow Bridge
- The Sales Tax Rate for Meadow Bridge is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Meadow Bridge 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 Meadow Bridge
- The average income of a Meadow Bridge resident is $11,765 a year. The US average is $37,638 a year.
- The Median household income of a Meadow Bridge resident is $27,500 a year. The US average is $69,021 a year.