Omar, WV is a small rural community situated in the southern part of West Virginia along the border of Virginia. The town offers many working opportunities for its citizens as well as several local businesses such as Omar Family Pharmacy, Omar Grocery Store, Omar Post Office and Omar Hardware Store. The cost of living in Omar is considerably lower than the US average with two-bedroom rent averaging at $680 per month compared to $1,430 nationally. Additionally, the grocery cost index in Omar is 95 versus 100 in the US. All this makes it a great option for anyone looking to settle down somewhere affordable while still enjoying all that West Virginia has to offer.
Omar has an unemployment rate of 8.1%. The US average is 6.0%.
Omar has seen the job market decrease by -1.5% over the last year. Future job growth over the next ten years is predicted to be 11.9%, which is lower than the US average of 33.5%.
Tax Rates for Omar
- The Sales Tax Rate for Omar is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Omar 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 Omar
- The average income of a Omar resident is $16,854 a year. The US average is $28,555 a year.
- The Median household income of a Omar resident is $84,250 a year. The US average is $69,021 a year.