Cost of Living in Oak Hill, WV

Population 8,057 · West Virginia · Data vintage 2023

47
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Oak Hill sits on the smaller end of the West Virginia city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. Unemployment has stayed elevated relative to the national figure — 7.3% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Oak Hill lies roughly 140 miles northwest of the nearest major metro, Winston-Salem — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 47% lower than Winston-Salem's $208,000.

Cost Overview

Housing 36
Rent 63

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

About the Cost of Living in Oak Hill

The median home value in Oak Hill is $110,400 — 64% below the national median of $305,000. Median rent runs $826/month, 37% lower than the national median of $1,314/month. The median household income of $51,799/year is 31% lower than the US median of $74,580. The local unemployment rate is 7.3%, 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 62.3°F and lows of 43.5°F, with about 55.9" of annual snowfall. Overall, Oak Hill has a cost of living index of 47 versus the US average of 100, meaning it is 53% less expensive.

🏠 Housing

Median Home Value
$110,400
64% below avg
Zillow Home Value
$146,662
Zillow ZHVI
Median Rent
$826/mo
37% below avg
Price-to-Rent Ratio
11.1x
Favors buying
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 72.7%
Renter-occupied 27.3%

💰 Estimated Monthly Budget

Rent median rent
$826
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,440/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
26.2 min
3% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
1.6%

Commute Mode

Drove alone
79.8%
Carpooled
11.8%
Walked
4.3%
Work from home
1.6%

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
$51,799
31% below avg
Per Capita Income
$27,432
Unemployment Rate
7.3%
52% above avg
Poverty Rate
16.5%
Labor Force Participation
54.9%

🎓 Education

Bachelor's degree+ 11.1%
Graduate degree 4.2%

👥 Demographics

Median Age 41.5
Male median age 38.6
Female median age 44

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
62.3°F
Avg Low
43.5°F
Annual Precip
43.5"
Annual Snowfall
55.9"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 414453647278818074645344
Low °F 242733435159626155443528
Precip" 3.133.124.033.584.684.305.003.683.202.732.803.29
Snow" 15.515.28.91.50.00.00.00.00.01.42.311.1

Frequently Asked Questions

What is the cost of living in Oak Hill, WV?

Oak Hill has a cost index of 47 (100 = national average). It is 53% below the national average.

What is average rent in Oak Hill, WV?

The median gross rent in Oak Hill is $826 per month based on 2023 Census data.

What is the average home price in Oak Hill?

The median home value in Oak Hill is $110,400 according to Zillow and Census data.

What is the median income in Oak Hill?

The median household income in Oak Hill is $51,799 per year (2023 ACS 5-year estimates).

What is the sales tax in Oak Hill, WV?

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

Is Oak Hill, WV affordable?

Yes, Oak Hill is generally considered affordable, with a cost of living index of 47 — about 53% below the US national average of 100.

What is the weather like in Oak Hill?

Oak Hill has average high temperatures of 62.3°F and average lows of 43.5°F. Annual precipitation is 43.5". Average annual snowfall is 55.9". Data from NOAA 1991–2020 Climate Normals.

Oak Hill at a Glance

Population
8,057
Median Income
$51,799
Home Value
$110,400
Median Rent
$826/mo
Unemployment
7.3%
Avg High Temp
62.3°F
Sales Tax
6.4%
View all cities in West Virginia →
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Explore county-level cost of living data

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