Town18,416 people

Fairmont, WV

Discover how far your salary goes in Fairmont. Compare taxes, rent, and living costs.

Cost Index
73
💚 Very Affordable
Population

18,416

State Tax

6.5%

1BR Rent

$819

/month

vs National

-41%

below avg

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Rent Prices in Fairmont

🏠

Studio

$655

/month

$7,860/year

Most Common
🛏️

1 Bedroom

$819

/month

$9,828/year

🏡

2 Bedroom

$1,106

/month

$13,272/year

🏘️

3 Bedroom

$1,434

/month

$17,208/year

Taxes in West Virginia

State Income Tax

West Virginia

6.5%

For a $100k salary, that's ~$6,500/year in state taxes.

Federal Income Tax

Same nationwide

10-37%

Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.

Learn how tax brackets work

Frequently Asked Questions

What is the cost of living in Fairmont, WV?

Fairmont has a cost of living index of 73, which is 27% below the national average. A 1-bedroom apartment costs around $819/month.

What is the state income tax in West Virginia?

West Virginia has a state income tax rate of approximately 6.5%. This is in addition to federal income tax.

How much is rent in Fairmont?

The median rent for a 1-bedroom apartment in Fairmont is $819/month. For a 2-bedroom, expect to pay around $1,106/month. This is 41% below the national average.

Is Fairmont a good place to live?

Fairmont is a town with a population of 18,416. The cost of living is very affordable, making it more affordable than average for the US.

See the complete picture for Fairmont

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