Hancock, WV County is an excellent place to live for those looking for an affordable cost of living. The average two-bedroom rent is only $790, while the national average is almost double that at $1,430. Additionally, the grocery cost index in Hancock is 96 versus 100 in the US. There are a variety of local businesses in Hancock as well. Some examples include H&S Incorporated, which specializes in residential and commercial plumbing services; Out of the Woods Furniture Store, which sells furniture crafted from locally-sourced wood; and AB Services Inc., which provides lawn care and landscaping services. For those looking for an affordable place to live with plenty of quality businesses nearby, Hancock County is the perfect choice.
Hancock County has an unemployment rate of 7.5%. The US average is 6.0%.
Hancock County has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 20.1%, which is lower than the US average of 33.5%.
Tax Rates for Hancock County
- The Sales Tax Rate for Hancock County is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Hancock County 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 Hancock County
- The average income of a Hancock County resident is $23,947 a year. The US average is $28,555 a year.
- The Median household income of a Hancock County resident is $52,062 a year. The US average is $69,021 a year.