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Cheat Lake, WV
Full City Profile · West Virginia · Preston County County
4.0
/5.0
A
Great
10,485
Population
731/sq mi density
$111,379
Median Income
$65,868 per capita
$345,500
Home Value
$271,933 Zillow
$1,113
Median Rent
29.3% income on rent
54°F
Avg Temperature
293 sunny days/yr
260
Violent Crime/100K
2,553 property/100K
A
Overall
4.0 / 5.0
Strong
A+
Economy
5.0 / 5.0
$111,379 median income, 1.4% unemployment
A+
Affordability
4.9 / 5.0
$345,500 home value, $1,113/mo rent
F
Safety
1.0 / 5.0
260 violent crimes/100K
A+
Education
5.0 / 5.0
58.7% bachelor's degree or higher
Income Overview
Median Household Income
$111,379
48% above
US avg: $75,149
Per Capita Income
$65,868
69% above
US avg: $39,052
Unemployment Rate
1.4%
61% below
US avg: 3.6%
Poverty Rate
4.1%
67% below
US avg: 12.4%
Income Comparison: Cheat Lake vs. U.S. Average
Each bar shows Cheat Lake’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$111,379
148%
Per Capita
US: $39,052
$65,868
169%
IRS Avg AGI
US: $72,000
$58,346
81%
Avg Weekly Wage
US: $1,432
$1,065
74%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,065
26% below US avg ($1,432)
Mean Commute Time
23 min
16% below US avg (28 min)
Work From Home
11.6%
24% below US avg (15.2%)
Drive Alone
79.5%
9% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$1,012M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
79.5%
Public Transit
0%
Work From Home
11.6%
Other
8.9%
Average commute time
23 minutes
US avg: 28 min
Business Landscape
Total Establishments
884
Restaurants
31
Healthcare
53
Retail
78
Manufacturing
19
Tax & Financial
IRS Avg Adjusted Gross Income
$58,346
19% below US avg ($72,000)
Avg Property Tax
$2,185
38% below US avg ($3,500)
Cost of Living Index
89.5
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $111,379 |
| Per Capita Income | $65,868 |
| IRS Avg Adjusted Gross Income | $58,346 |
| Avg Weekly Wage | $1,065 |
| County GDP | $1,012M |
Hardship Indicators
| Unemployment Rate | 1.4% |
| Poverty Rate | 4.1% |
| Gini Coefficient | 0.416 |
| Cost of Living Index | 89.5 |
Commute
| Mean Commute | 23 minutes |
| Drive Alone | 79.5% |
| Public Transit | 0.0% |
| Work From Home | 11.6% |
Businesses
| Total Establishments | 884 |
| Restaurants | 31 |
| Healthcare | 53 |
| Retail | 78 |
| Manufacturing | 19 |
Tax
| IRS Avg AGI | $58,346 |
| Avg Property Tax | $2,185 |