Elkins, WV Metro Area is a great place to live due to its affordability. The average two bedroom rental rate for the area is $750, which is much lower than $1,430 in the U.S., making it an attractive option for families or anyone looking for more space. Furthermore, the Grocery Cost Index of 97 is also lower than the US average of 100. This makes it easy to find affordable groceries when living in the Elkins area.
The Elkins metro area has plenty of local companies and organizations to explore. Notable companies include Appalachian Regional Healthcare Network, Davis Trust Company, Kamco Industries Inc., and Creative Alliance Group. There are also numerous community-oriented organizations such as Elkins Lions Club, Randolph County Humane Society, and Randolph County Community Foundation that can provide many opportunities for community activities or volunteer work. Lastly, there are plenty of amenities available in the area including museums such as the Augusta Heritage Center at Davis & Elkins College and historic sites like West Virginia’s Railroad Museum just twenty minutes away from Elkins.
Elkins Metro Area has an unemployment rate of 7.1%. The US average is 6.0%.
Elkins Metro Area has seen the job market decrease by -3.9% over the last year. Future job growth over the next ten years is predicted to be 30.1%, which is lower than the US average of 33.5%.
Tax Rates for Elkins Metro Area
- The Sales Tax Rate for Elkins Metro Area is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Elkins Metro Area 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 Elkins Metro Area
- The average income of a Elkins Metro Area resident is $24,888 a year. The US average is $37,638 a year.
- The Median household income of a Elkins Metro Area resident is $47,343 a year. The US average is $69,021 a year.