Piedmont, WV is a small town that offers an affordable cost of living. Rent for two bedrooms is about $830, which is significantly cheaper than the US average of $1,430. The Grocery Cost Index in Piedmont is 98 versus 100 in the US so grocery costs tend to be more affordable as well. There are many local businesses thriving in Piedmont and the surrounding area. Some popular companies include: Piedmont Tool and Die Inc., Clendenin Lumber Company, Bigley’s Trucking Company, and JH Bishop Coal Mining Corporation. These longstanding businesses offer quality services and products to the residents of Piedmont and beyond.
Piedmont has an unemployment rate of 5.7%. The US average is 6.0%.
Piedmont has seen the job market decrease by -5.1% over the last year. Future job growth over the next ten years is predicted to be 33.7%, which is higher than the US average of 33.5%.
Tax Rates for Piedmont
- The Sales Tax Rate for Piedmont is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Piedmont 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 Piedmont
- The average income of a Piedmont resident is $24,559 a year. The US average is $37,638 a year.
- The Median household income of a Piedmont resident is $37,500 a year. The US average is $69,021 a year.