Prosperity, WV is a small town located in West Virginia. It offers a low cost of living with average rent for a 2 bedroom being $850 compared to the US average of $1,430. Groceries are also lower than the national average as the local grocery cost index is 93 versus 100 in the US. The town has several local businesses including Walker's Market, a family-owned grocery store that has been serving the community since 1897, and Williams Auto Repair which provides reliable car repair services at competitive prices. Prosperity also boasts a variety of restaurants including Joe's Pizza and The Burger Shack that serve classic American favorites. All these amenities make Prosperity an affordable and desirable place to live.
Prosperity has an unemployment rate of 6.4%. The US average is 6.0%.
Prosperity has seen the job market decrease by -4.6% 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 Prosperity
- The Sales Tax Rate for Prosperity is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Prosperity 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 Prosperity
- The average income of a Prosperity resident is $19,557 a year. The US average is $37,638 a year.
- The Median household income of a Prosperity resident is $55,611 a year. The US average is $69,021 a year.