Located in the heart of northern West Virginia, 25165 Racine is a small town that offers low cost of living and a variety of job opportunities. The rent for a two bedroom apartment in this area costs just $760, while it is $1,430 for the US as a whole. This makes it an attractive option for people who are looking to save money on rent. Furthermore, the Grocery Cost Index is 98 compared to 100 in the US, so groceries are also much cheaper here than other parts of the country.
The town also has many local companies that offer job opportunities in different industries such as mining, agriculture and hospitality services. For example, Tunnel Ridge Coal Company provides employment opportunities related to coal mining; Diamond Farm & Garden Center provides agricultural supplies and services; and Opossum Creek Retreat offers hospitality services. With its low cost of living and these job opportunities available in different fields, 25165 Racine is an ideal place for those looking to move or relocate.
Racine (zip 25165) has an unemployment rate of 7.0%. The US average is 6.0%.
Racine (zip 25165) has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 16.2%, which is lower than the US average of 33.5%.
Tax Rates for Racine (zip 25165)
- The Sales Tax Rate for Racine (zip 25165) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Racine (zip 25165) 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 Racine (zip 25165)
- The average income of a Racine (zip 25165) resident is $23,788 a year. The US average is $28,555 a year.
- The Median household income of a Racine (zip 25165) resident is $83,036 a year. The US average is $69,021 a year.