Powell, WY is an ideal location for those seeking a balance of affordability and convenience. The cost of living is lower than the US average, with 2 bedroom rent at $890 compared to just over $1,400 on a national level. Groceries are also cheaper in Powell, with an index of 102 compared to 100 in the US. Residents have access to local businesses such as Big Horn Auto & Truck Center for vehicle maintenance and repair services, VFW Post 9259 for community support and events, and Ace Hardware for home improvement items.
Powell has an unemployment rate of 5.9%. The US average is 6.0%.
Powell has seen the job market decrease by -1.8% over the last year. Future job growth over the next ten years is predicted to be 18.3%, which is lower than the US average of 33.5%.
Tax Rates for Powell
- The Sales Tax Rate for Powell is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Powell is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Powell
- The average income of a Powell resident is $31,302 a year. The US average is $37,638 a year.
- The Median household income of a Powell resident is $60,210 a year. The US average is $69,021 a year.