Shepherdstown, WV is a charming small town located in the Eastern Panhandle of West Virginia. It is known for its quaint historic buildings and peaceful atmosphere. The cost of living in Shepherdstown is far less than the national average; 2 bedroom rent has been reported to be around $1,030 per month compared to the national average of $1,430. Similarly, groceries are also more affordable here with the Grocery Cost Index standing at 108 versus 100 in the US. Popular local businesses include the Bavarian Inn Restaurant, which serves hearty comfort food and is renowned for its Sunday brunch; Taylor Books, an independent bookstore and cafe offering an selection of books and specialty coffee drinks; and Black Dog Coffee Café & Bakery, a cozy cafe serving delicious cakes and pastries alongside specialty coffees and teas.
Shepherdstown has an unemployment rate of 3.8%. The US average is 6.0%.
Shepherdstown has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 35.5%, which is higher than the US average of 33.5%.
Tax Rates for Shepherdstown
- The Sales Tax Rate for Shepherdstown is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Shepherdstown 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 Shepherdstown
- The average income of a Shepherdstown resident is $14,907 a year. The US average is $28,555 a year.
- The Median household income of a Shepherdstown resident is $53,125 a year. The US average is $69,021 a year.