25262 Millwood, WV is a great city to invest in for renters or potential homeowners. The cost of living is low with the average 2 bedroom rent coming in at $800, which is significantly lower than the national average of $1,430. Similarly, Grocery Cost Index in 25262 Millwood is 97 versus 100 nationally. Local businesses include Millwood Auto Repair & Towing, All American Lawn Care and Janitorial Services, and Old West Supply Company. All these companies offer services ranging from auto repair and lawn care to supplies for home improvement projects. Additionally, residents can take advantage of the nearby ski resorts and outdoor activities like fishing and camping that are available in the area.
Millwood (zip 25262) has an unemployment rate of 7.0%. The US average is 6.0%.
Millwood (zip 25262) has seen the job market decrease by -8.1% over the last year. Future job growth over the next ten years is predicted to be 28.6%, which is lower than the US average of 33.5%.
Tax Rates for Millwood (zip 25262)
- The Sales Tax Rate for Millwood (zip 25262) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Millwood (zip 25262) 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 Millwood (zip 25262)
- The average income of a Millwood (zip 25262) resident is $31,707 a year. The US average is $37,638 a year.
- The Median household income of a Millwood (zip 25262) resident is $63,158 a year. The US average is $69,021 a year.