Rachel, West Virginia is an unincorporated community located in the McDowell County. The average two bedroom rent in Rachel is $810, which is significantly less than the US average of $1,430. Additionally, the grocery cost index in Rachel is 95 versus 100 in the US, making it a more cost-friendly location for families. For those looking to move to Rachel, there are several local companies available as well. These include Ramey Construction and Excavating Company, L&W Logging LLC, Johnston & Son Trucking Service Inc., and Beckley Mining Supply Inc. All of these companies provide great employment opportunities for residents of Rachel.
Rachel (zip 26587) has an unemployment rate of 6.0%. The US average is 6.0%.
Rachel (zip 26587) has seen the job market decrease by -5.3% over the last year. Future job growth over the next ten years is predicted to be 24.0%, which is lower than the US average of 33.5%.
Tax Rates for Rachel (zip 26587)
- The Sales Tax Rate for Rachel (zip 26587) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Rachel (zip 26587) 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 Rachel (zip 26587)
- The average income of a Rachel (zip 26587) resident is $20,620 a year. The US average is $37,638 a year.
- The Median household income of a Rachel (zip 26587) resident is $68,646 a year. The US average is $69,021 a year.