26031 Benwood, WV is a beautiful small town located in the northern part of West Virginia. This charming town offers a low cost of living with two bedroom rental prices averaging $780 per month which is much lower than the US average of $1,430 per month. Additionally, grocery costs are also quite affordable with an index rating of 95 compared to 100 in the US.
Benwood is home to several local businesses that include Spencer Antiques, Steff's Place Bar & Grill, and Hillrider's Bait & Tackle Shop. Local attractions include Oglebay Resort & Conference Center and The Kruger Street Toy & Train Museum. Residents can also enjoy many outdoor activities such as fishing, hiking, camping, and golfing at one of the area’s golf courses. With its low cost of living and unique amenities, 26031 Benwood is an excellent place to call home.
Benwood (zip 26031) has an unemployment rate of 7.7%. The US average is 6.0%.
Benwood (zip 26031) has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 23.6%, which is lower than the US average of 33.5%.
Tax Rates for Benwood (zip 26031)
- The Sales Tax Rate for Benwood (zip 26031) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Benwood (zip 26031) 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 Benwood (zip 26031)
- The average income of a Benwood (zip 26031) resident is $19,401 a year. The US average is $28,555 a year.
- The Median household income of a Benwood (zip 26031) resident is $35,580 a year. The US average is $69,021 a year.