New Cumberland, West Virginia is a small town situated in Hancock County. With a population of 2,604 people, it provides its residents with a tranquil atmosphere. The cost of living is relatively low compared to the US overall. The average two-bedroom rental rate is $810, a nearly 40% decrease from the national median of $1,430. Grocery costs are even lower at 97 index points versus 100 in the US. \nNew Cumberland provides its residents with plenty of amenities. Popular local businesses include Woody’s Diner, A Family Affair Restaurant & Lounge and Tri-State Pizza. Additionally, the Cloverleaf Mall offers shopping and entertainment for locals or visitors alike. There are also multiple parks and recreational facilities such as Valley View Golf Course and John D Rockefeller IV Wildlife Preserve for outdoor enthusiasts to explore..
New Cumberland (zip 26047) has an unemployment rate of 7.5%. The US average is 6.0%.
New Cumberland (zip 26047) has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 20.1%, which is lower than the US average of 33.5%.
Tax Rates for New Cumberland (zip 26047)
- The Sales Tax Rate for New Cumberland (zip 26047) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for New Cumberland (zip 26047) 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 New Cumberland (zip 26047)
- The average income of a New Cumberland (zip 26047) resident is $22,777 a year. The US average is $28,555 a year.
- The Median household income of a New Cumberland (zip 26047) resident is $51,696 a year. The US average is $69,021 a year.