Coal Mountain, West Virginia is a small town located in Wyoming County with a population of only 248 people. It is known for its natural beauty and low cost of living. The two bedroom rent in this area is just $560, much lower than the US 2 bedroom rent average of $1,430. In terms of grocery cost index, Coal Mountain has an index score of 95 compared to 100 in the US. This makes it an ideal location for those seeking affordable living without compromising amenities or quality of life. Local companies include Coal Mountain Pharmacy, which provides pharmacy services and Coal Mountain Farms, which produces organic products such as meat, produce and eggs. Overall Coal Mountain offers residents an affordable alternative with many benefits compared to the national average.
Coal Mountain (zip 24823) has an unemployment rate of 7.8%. The US average is 6.0%.
Coal Mountain (zip 24823) has seen the job market decrease by -2.0% over the last year. Future job growth over the next ten years is predicted to be 2.1%, which is lower than the US average of 33.5%.
Tax Rates for Coal Mountain (zip 24823)
- The Sales Tax Rate for Coal Mountain (zip 24823) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Coal Mountain (zip 24823) 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 Coal Mountain (zip 24823)
- The average income of a Coal Mountain (zip 24823) resident is $15,634 a year. The US average is $28,555 a year.
- The Median household income of a Coal Mountain (zip 24823) resident is $45,268 a year. The US average is $69,021 a year.