25523 Hamlin, WV is a small town located in the heart of West Virginia with a population of about 4,000 people. The average rent for two bedroom apartments in Hamlin is $920 per month, which is significantly lower than the US average rent of $1,430 per month. Grocery costs are also much cheaper in Hamlin compared to the US as a whole, with an index of 97 versus 100 nationally. The area has various local companies that make up its economy such as Dawn Borelli LLC and Corexit Solutions. Residents benefit greatly from the low cost of living that Hamlin has to offer as compared to the rest of the country.
Hamlin (zip 25523) has an unemployment rate of 7.8%. The US average is 6.0%.
Hamlin (zip 25523) has seen the job market decrease by -3.1% over the last year. Future job growth over the next ten years is predicted to be 21.7%, which is lower than the US average of 33.5%.
Tax Rates for Hamlin (zip 25523)
- The Sales Tax Rate for Hamlin (zip 25523) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Hamlin (zip 25523) 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 Hamlin (zip 25523)
- The average income of a Hamlin (zip 25523) resident is $19,347 a year. The US average is $37,638 a year.
- The Median household income of a Hamlin (zip 25523) resident is $40,407 a year. The US average is $69,021 a year.