Grafton, WV is a small town located in Taylor County with a population of just over 2,600 people. The average 2 bedroom rent is much lower than the US average at only $1,070. Additionally, the Grocery Cost Index in Grafton is 96 compared to 100 in the US. \nThe small town of Grafton offers many local businesses providing excellent services for its residents. Some examples include Industrial Controls Inc., which specializes in industrial controls and automation systems; G&M Electric Co., which provides electrical contracting services; and Taylor County Bank, which offers banking and financial services. In addition to these businesses, residents of Grafton can enjoy shopping at locally owned stores such as Payne’s Plants & Things where they can purchase plants and garden accessories or they can visit Blue Moon Bakery for delicious sweets.
Grafton (zip 26354) has an unemployment rate of 5.5%. The US average is 6.0%.
Grafton (zip 26354) has seen the job market decrease by -4.1% over the last year. Future job growth over the next ten years is predicted to be 32.0%, which is lower than the US average of 33.5%.
Tax Rates for Grafton (zip 26354)
- The Sales Tax Rate for Grafton (zip 26354) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Grafton (zip 26354) 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 Grafton (zip 26354)
- The average income of a Grafton (zip 26354) resident is $26,294 a year. The US average is $37,638 a year.
- The Median household income of a Grafton (zip 26354) resident is $49,496 a year. The US average is $69,021 a year.