Peterstown, WV is an affordable city located in the southern part of the state. With 2 bedroom rents at $740 a month, it's one of the most cost effective places to live in West Virginia. Local companies include Appomattox River Company which specializes in outdoor recreation equipment like kayaks and fishing gear and Justine's Artisan Bakery which makes handmade pastries for locals and visitors alike. For entertainment, Peterstown has numerous attractions including Kelhenbuel Park which has trails with breathtaking views and a bird watching area. There are also many festivals that occur throughout the year celebrating local culture. These include The Peterstown Heritage Festival which features cultural performers from all over the region as well as craft vendors, food vendors, and activities for children.
Peterstown has an unemployment rate of 4.7%. The US average is 6.0%.
Peterstown has seen the job market decrease by -1.8% over the last year. Future job growth over the next ten years is predicted to be 37.2%, which is higher than the US average of 33.5%.
Tax Rates for Peterstown
- The Sales Tax Rate for Peterstown is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Peterstown 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 Peterstown
- The average income of a Peterstown resident is $22,754 a year. The US average is $37,638 a year.
- The Median household income of a Peterstown resident is $40,759 a year. The US average is $69,021 a year.