Shady Spring, WV is a small city in West Virginia. It offers reasonable rental rates and low grocery costs. 2-bedroom apartments can be rented for $790 while the US average is $1430. In terms of groceries, the cost index in Shady Spring is 96, which is much lower than the US average of 100. The city also has a few attractions such as New River Park and Lake Stephens, an outdoor recreation area with camping sites on the lake. There are also plenty of local businesses offering services such as auto repair and maintenance, home health care, and accounting services. With its affordable living costs and plenty of local attractions, Shady Spring provides a great place to call home.
Shady Spring has an unemployment rate of 6.4%. The US average is 6.0%.
Shady Spring has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 20.8%, which is lower than the US average of 33.5%.
Tax Rates for Shady Spring
- The Sales Tax Rate for Shady Spring is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Shady Spring 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 Shady Spring
- The average income of a Shady Spring resident is $26,033 a year. The US average is $28,555 a year.
- The Median household income of a Shady Spring resident is $59,196 a year. The US average is $69,021 a year.