Gassaway, West Virginia is a small rural town located in Braxton County. The current population of Gassaway is estimated at just 26624 people. Despite being modestly populated, Gassaway has a number of local businesses that serve its residents such as the local grocery store, Glenville Foodland, as well as hardware stores like Braxton True Value.
The rent for 2 bedroom apartments in Gassaway stands at $720 per month making it much cheaper than US average of $1,430. This lower rent can be attributed to its rural location and low population relative to other places in the US. Additionally, the cost of groceries are significantly lower than many other parts of the US; with Gassaway having a Grocery Cost Index (GCI) of 97, whereas the national GCI is 100. All these factors make Gassaway a great place to live given its unrivaled affordability and low cost of living compared to most cities across America.
Gassaway (zip 26624) has an unemployment rate of 8.9%. The US average is 6.0%.
Gassaway (zip 26624) has seen the job market decrease by -3.8% over the last year. Future job growth over the next ten years is predicted to be 23.9%, which is lower than the US average of 33.5%.
Tax Rates for Gassaway (zip 26624)
- The Sales Tax Rate for Gassaway (zip 26624) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Gassaway (zip 26624) 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 Gassaway (zip 26624)
- The average income of a Gassaway (zip 26624) resident is $24,879 a year. The US average is $37,638 a year.
- The Median household income of a Gassaway (zip 26624) resident is $44,118 a year. The US average is $69,021 a year.