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Cheat Lake, WV
Full City Profile · West Virginia · Preston County County
Cheat Lake, WV
At a Glance
How Cheat Lake Compares to the U.S. Average
Each bar shows Cheat Lake's value as a percentage of the national average (100% = U.S. avg)
Is Cheat Lake a Good Place to Live?
Economy & Jobs
Cheat Lake residents earn a median household income of $111,379 , which is 48% above the national average of $75,149. Per capita income is $65,868. The unemployment rate stands at 1.4% (61% below the U.S. rate of 3.6%). 4.1% of residents live below the poverty line. The area is home to 884 business establishments, including 31 restaurants.
Housing & Cost of Living
The median home value in Cheat Lake is $345,500 , 23% above the national median of $281,900. Zillow estimates the typical home at $271,933. Median rent is $1,113/month, with 29.3% of renters spending more than 30% of income on housing. The cost of living index is 89.5 (100 = national average). The median home was built in 1992.
Safety & Crime
Cheat Lake reports 260 violent crimes per 100,000 residents , which is 31% below the national average of 380/100K. Property crime is 2,553/100K.
Education
58.7% of adults in Cheat Lake hold a bachelor's degree or higher (74% above the national average). 97.7% have completed high school. Local schools score 4.5/10 in standardized testing.
Climate & Weather
Cheat Lake has an average annual temperature of 54°F (12°C). Winters average 32°F in January while summers reach 74°F in July. The area gets 293 sunny days per year. Annual precipitation totals 43.2 inches. Air quality is rated Good with a median AQI of 39.