25880 Mount Hope, WV is a great location for anyone looking to settle down in a small community. Located in Fayette County, this area offers excellent access to local businesses such as ACE Hardware, Mountain View Pharmacy, and State Farm Insurance. The cost of living here is quite low with an average rent for two bedroom apartments costing around $890 a month. Grocery costs are also significantly lower than the national average due to multiple local stores at competitive prices.
Mount Hope (zip 25880) has an unemployment rate of 7.8%. The US average is 6.0%.
Mount Hope (zip 25880) has seen the job market decrease by -4.6% over the last year. Future job growth over the next ten years is predicted to be 18.3%, which is lower than the US average of 33.5%.
Tax Rates for Mount Hope (zip 25880)
- The Sales Tax Rate for Mount Hope (zip 25880) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Mount Hope (zip 25880) 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 Mount Hope (zip 25880)
- The average income of a Mount Hope (zip 25880) resident is $20,445 a year. The US average is $37,638 a year.
- The Median household income of a Mount Hope (zip 25880) resident is $36,703 a year. The US average is $69,021 a year.