Cheat Lake, West Virginia

Moving to or Living in Cheat Lake Pros and Cons, Cost of Living, Crime Rate, Demographics

Living In Cheat Lake, West Virginia
Moving to Cheat Lake In West Virginia ? Find out the best and worst about to live, raise a family or retire in Cheat Lake, the Pros and Cons of Living in Cheat Lake.

Explore the life in Cheat Lake based on crime, public schools, cost of living, real estate, housing, properties, job opportunities, and local amenities data and Statistics.

  1. Overview - Life In Cheat Lake
  2. Pros and Cons of Living In Cheat Lake
  3. Crime In Cheat Lake
  4. Cost of Living In Cheat Lake
  5. Gender In Cheat Lake
  6. Household Income For Cheat Lake
  7. Education In Cheat Lake
  8. Race & Ethnicity In Cheat Lake
About Cheat Lake, West Virginia
Is Cheat Lake, West Virginia a good place to live?
Cheat Lake is a city in West Virginia state in USA with a population of 9559 residents.. The poverty rate of Cheat Lake is 6.3%, which is 55% lower than national average. The typical household in Cheat Lake earns $95450 a year, compared to the national median of $67,500. Nearly 29.7% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Cheat Lake, only 96% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Cheat Lake remained 1.4%, which is 70% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Cheat Lake, only 55% of adults have a bachelor's degree and 23% have some college but no degree.

Cost of living in Cheat Lake is 107, which is 7% higher than national average. Median home value in Cheat Lake is $294800 , which is 28% higher than national average. While median income in Cheat Lake remained $95450, which is 41% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
9559
Unemployment
1.4%
70% NAT AVG.
Poverty
6.3%
55% NAT AVG.
Overall Score
6
Median Home
$294800
28% NAT AVG.
Median Income
$95450
41% NAT AVG.
Median Rent
$1132
2% NAT AVG.
Cost Of Living
107
7% NAT AVG.
People Living BPL
1 in 16
Unemployed People
1 in 71
People Earning < $10,000
1 in 31
People Earning < $50,000
29.7%
People with <= High School
1 in 4.5
People With Any Degree
1 in 1.6
Pros & Cons Overview

Jobs90%

Housing85%

Affordability80%

Safety70%

Amenities70%

Diversity50%

Education90%

Commute80%


Cost of Living
Expense Cheat Lake West Virginia National Avg.
Services 103 106 100
Groceries 98 100 100
Health 91 87 100
Housing 127 63 100
Transportation 89 89 100
Utilities 87 90 100
Cost of Living
Gender
Gender Cheat Lake West Virginia Country
Female 50.8% 50.6% 50.8%
Male 49.2% 49.4% 49.2%
Gender

Household Income


Income Cheat Lake West Virginia Country
Less than $10,000 3.2% 8.5% 5.8%
$10,000 to $14,999 2.9% 5.9% 4.1%
$15,000 to $24,999 6.3% 12.3% 8.5%
$25,000 to $34,999 6.9% 10.8% 8.6%
$35,000 to $49,999 10.4% 14.2% 12.0%
$50,000 to $74,999 14.5% 17.9% 17.2%
$75,000 to $99,999 6.5% 11.6% 12.8%
$100,000 to $149,999 22.2% 11.9% 15.6%
$150,000 to $199,999 8.7% 3.9% 7.1%
$200,000 or more 18.4% 3% 8.3%
Education


Education Cheat Lake West Virginia Country
< 9th Grade 0% 4% 5.0%
9-12th Grade 4% 8% 7.0%
High School or GED 18% 40% 27.0%
Other College 17% 19% 20.0%
Associate's Degree 6% 8% 9%
Bachelor's Degree 27% 13% 20.0%
Master's Degree 15% 6% 9.0%
Professional Degree 7% 1% 2.0%
Doctorate Degree 6% 1% 1.0%
Household Income
Education
Race / Ethnicity


Ethnicity Cheat Lake West Virginia Country
White 91.8% 91.5% 60.1%
African American 3% 3.5% 12.2%
American Indian 0% 0.2% 0.6%
Asian 2.2% 0.8% 5.6%
Hawaiian 0% 0% 0.2%
Other 0.1% 0.2% 0.3%
Multiracial 1.6% 2.2% 2.8%
Hispanic 1.3% 1.6% 18.2%
Race / Ethnicity