Shrewsbury, WV is a small town in West Virginia with a low cost of living. The average rent for a 2 bedroom apartment is $750, significantly lower than the US average of $1,430. Additionally, the grocery cost index in Shrewsbury is 96 compared to 100 in the US. This makes it an affordable area to live and work. Several local businesses have sprung up in Shrewsbury such as Chyannes Cafe, The Corner Store & Deli, and Arrington's Auto Repair. These businesses provide residents with necessary services and employment opportunities.
Shrewsbury has an unemployment rate of 6.3%. The US average is 6.0%.
Shrewsbury has seen the job market decrease by -4.5% over the last year. Future job growth over the next ten years is predicted to be 19.9%, which is lower than the US average of 33.5%.
Tax Rates for Shrewsbury
- The Sales Tax Rate for Shrewsbury is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Shrewsbury 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 Shrewsbury
- The average income of a Shrewsbury resident is $29,423 a year. The US average is $37,638 a year.
- The Median household income of a Shrewsbury resident is $0 a year. The US average is $69,021 a year.