The rural town of Mount Gay-Shamrock, West Virginia (25637) has a much lower cost of living than the national average, making it an attractive destination for those looking to save money. The 2 bedroom rent in Mount Gay-Shamrock is $670, compared with $1,430 nationally. This lower rent translates to grocery costs as well; the local grocery cost index is 96 compared to 100 in the US.
Mount Gay-Shamrock also provides many businesses that contribute to its small-town charm. Among these are High Tech Systems LTD., a computer hardware distributor, and Shamrock Mining Co., where locals can go for job opportunities in coal and other minerals. All of these factors make Mount Gay-Shamrock an attractive option for those who want to live in a rural setting while still benefitting from low costs of living.
Mount Gay-Shamrock (zip 25637) has an unemployment rate of 8.1%. The US average is 6.0%.
Mount Gay-Shamrock (zip 25637) has seen the job market decrease by -6.7% over the last year. Future job growth over the next ten years is predicted to be 11.9%, which is lower than the US average of 33.5%.
Tax Rates for Mount Gay-Shamrock (zip 25637)
- The Sales Tax Rate for Mount Gay-Shamrock (zip 25637) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Mount Gay-Shamrock (zip 25637) 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 Mount Gay-Shamrock (zip 25637)
- The average income of a Mount Gay-Shamrock (zip 25637) resident is $17,992 a year. The US average is $37,638 a year.
- The Median household income of a Mount Gay-Shamrock (zip 25637) resident is $33,636 a year. The US average is $69,021 a year.