25624 Henlawson, WV is a great place to live given its low costs of living. Rent for a two-bedroom apartment is only $660 compared to the US average of $1,430. Grocery costs are also comparatively low at 97 points on the index compared to the US average of 100 points.
The local economy is supported by businesses such as Henlawson Office Supply, Runyon’s Supermarket and Poplar Lumber Company. All three companies have been in the area for several years and helps keep the local economy running strong. In addition, there are many small business owners in the area who contribute to the economic growth and development of Henlawson.
Henlawson (zip 25624) has an unemployment rate of 8.1%. The US average is 6.0%.
Henlawson (zip 25624) has seen the job market decrease by -6.7% over the last year. Future job growth over the next ten years is predicted to be 11.9%, which is lower than the US average of 33.5%.
Tax Rates for Henlawson (zip 25624)
- The Sales Tax Rate for Henlawson (zip 25624) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Henlawson (zip 25624) 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 Henlawson (zip 25624)
- The average income of a Henlawson (zip 25624) resident is $6,404 a year. The US average is $37,638 a year.
- The Median household income of a Henlawson (zip 25624) resident is $10,822 a year. The US average is $69,021 a year.