Matheny, WV is a small town in McDowell County with a population of 24860. With a two bedroom rent of only $610 per month, Matheny is one of the most affordable places to live in the US. It also offers excellent value for groceries and other essentials; its Grocery Cost Index is 96 versus 100 in the US.
The local economy is driven by retail stores such as Walmart Supercenter, Dollar General, Family Dollar and O'Reilly Auto Parts. There are also several restaurants such as Captain D's Seafood, Subway and Hardee's. For entertainment, there are movie theaters like Studio Theatre and bowling alleys like Classic Lanes Bowling Center. Matheny is a great place to live for those looking for an affordable city with plenty of amenities and activities.
Matheny (zip 24860) has an unemployment rate of 7.8%. The US average is 6.0%.
Matheny (zip 24860) 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 Matheny (zip 24860)
- The Sales Tax Rate for Matheny (zip 24860) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Matheny (zip 24860) 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 Matheny (zip 24860)
- The average income of a Matheny (zip 24860) resident is $13,179 a year. The US average is $28,555 a year.
- The Median household income of a Matheny (zip 24860) resident is $81,094 a year. The US average is $69,021 a year.