Cost of Living in Charles Town, WV

Population 6,854 · West Virginia · Data vintage 2023

104
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Incomes in Charles Town punch well above what you'd expect from a town of 6,854. The reason is straightforward: extraction-sector wages. Median household earnings of $94,830 pair with home values that remain well below the national median.

Charles Town is about 50 miles northwest of Arlington, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 58% lower than Arlington's $865,000.

Cost Overview

Housing 118
Rent 83

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Charles Town

The median home value in Charles Town is $359,500 — 18% above the national median of $305,000. Median rent runs $1,086/month, 17% lower than the national median of $1,314/month. The median household income of $94,830/year is 27% higher than the US median of $74,580. The local unemployment rate is 5.5%, above the national average of 4.8%. West Virginia's top state income tax rate is 6.5% and the combined sales tax is 6.4%. The climate averages highs of 64.8°F and lows of 43.4°F. Overall, Charles Town has a cost of living index of 104 versus the US average of 100, meaning it is 4% more expensive.

🏠 Housing

Median Home Value
$359,500
18% above avg
Zillow Home Value
$396,988
Zillow ZHVI
Median Rent
$1,086/mo
17% below avg
Zillow Rent
$1,879/mo
Zillow ZORI
Price-to-Rent Ratio
27.6x
Favors renting
Property Tax Rate
0.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$658
1 BR
$729
2 BR
$883
3 BR
$1,182
4 BR
$1,304
Owner-occupied 73.7%
Renter-occupied 26.3%

💰 Estimated Monthly Budget

Rent median rent
$1,086
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,700/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
42.9 min
59% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
16.2%

Commute Mode

Drove alone
71.4%
Carpooled
7.1%
Public transit
0.3%
Walked
2.8%
Bicycle
1.4%
Work from home
16.2%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 6.5%
Total Sales Tax 6.4%
State rate 6.0%
Avg local rate 0.4%
Property Tax 0.6%

💼 Income & Employment

Median Household Income
$94,830
27% above avg
Per Capita Income
$44,494
Unemployment Rate
5.5%
15% above avg
Poverty Rate
7.4%
Labor Force Participation
69.4%

🎓 Education

Bachelor's degree+ 23.1%
Graduate degree 15.0%

👥 Demographics

Median Age 38.5
Male median age 36.4
Female median age 40.8

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
64.8°F
Avg Low
43.4°F
Annual Precip
39"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 414554657482878578675545
Low °F 242532425160656355443427
Precip" 2.602.143.423.364.053.853.783.024.032.992.733.00

🏫 Schools

NCES CCD 2019 — public school district data

91%
4-Year Graduation Rate
15.2:1
Student-teacher ratio
16
Public schools
8,954
Total enrollment

Frequently Asked Questions

What is the cost of living in Charles Town, WV?

Charles Town has a cost index of 104 (100 = national average). It is 4% above the national average.

What is average rent in Charles Town, WV?

The median gross rent in Charles Town is $1,086 per month based on 2023 Census data.

What is the average home price in Charles Town?

The median home value in Charles Town is $359,500 according to Zillow and Census data.

What is the median income in Charles Town?

The median household income in Charles Town is $94,830 per year (2023 ACS 5-year estimates).

What is the sales tax in Charles Town, WV?

The combined state and local sales tax rate in Charles Town is 6.4%. The West Virginia state income tax top rate is 6.5%.

Is Charles Town, WV affordable?

Charles Town is near the national average in terms of cost of living, with an index of 104 (100 = US average).

What is the weather like in Charles Town?

Charles Town has average high temperatures of 64.8°F and average lows of 43.4°F. Annual precipitation is 39". Data from NOAA 1991–2020 Climate Normals.

Charles Town at a Glance

Population
6,854
Median Income
$94,830
Home Value
$359,500
Median Rent
$1,086/mo
Unemployment
5.5%
Avg High Temp
64.8°F
Sales Tax
6.4%
View all cities in West Virginia →
🗺️ County data for West Virginia

Explore county-level cost of living data

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