Washington, WV is a small town with a population estimated at around 2,000 people. The cost of living is quite attractive in the area, with 2 bedroom rent costing $850 compared to the average US rate of $1,430. Grocery costs are similarly lower than the national index, standing at 101 versus 100 in the US. \nThe city is home to several local companies such as Shale Valley Petroleum Co., Fishers Lumber Co., and Energize Internal Medicine Center. These companies provide employment opportunities for locals within the area and contribute to an already strong economy. All in all, Washington, WV provides an ideal location for those looking for an affordable place to live without compromising on quality of life or job security.
Washington has an unemployment rate of 6.7%. The US average is 6.0%.
Washington 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 19.3%, which is lower than the US average of 33.5%.
Tax Rates for Washington
- The Sales Tax Rate for Washington is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Washington 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 Washington
- The average income of a Washington resident is $41,417 a year. The US average is $37,638 a year.
- The Median household income of a Washington resident is $0 a year. The US average is $69,021 a year.