25507 Ceredo, WV is a small town located in Wayne County with an estimated population of 1,766 as of 2018. The 2 bedroom rent index in the area is $930 per month, which is much lower than the national average of $1,430. Furthermore, the Grocery Cost Index in 25507 Ceredo stands at 97 compared to the national average of 100. The local economy consists of small businesses such as Calabria's Pizza & Italian Restaurant, True Value Hardware & Rental Center and Acey's Tire & Auto Service Center. Residents have access to what they need for their daily lives while also enjoying a lower cost of living than most other cities in America.
Ceredo (zip 25507) has an unemployment rate of 6.2%. The US average is 6.0%.
Ceredo (zip 25507) has seen the job market decrease by -2.9% over the last year. Future job growth over the next ten years is predicted to be 23.2%, which is lower than the US average of 33.5%.
Tax Rates for Ceredo (zip 25507)
- The Sales Tax Rate for Ceredo (zip 25507) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Ceredo (zip 25507) 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 Ceredo (zip 25507)
- The average income of a Ceredo (zip 25507) resident is $26,907 a year. The US average is $37,638 a year.
- The Median household income of a Ceredo (zip 25507) resident is $42,880 a year. The US average is $69,021 a year.