Cost of Living in Ranson corporation, WV
Population 5,588 · West Virginia · Data vintage 2023
(100 = US avg)
Ranson corporation offers a notably favorable income-to-housing ratio for its region. The typical home — $221,000 — costs less than 2.6 times median household income of $86,378, a threshold many coastal markets passed a decade ago.
Located 50 miles northwest of Arlington, Ranson corporation is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 74% lower than Arlington's $865,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Ranson corporation
The median home value in Ranson corporation is $220,700 — 28% below the national median of $305,000. Median rent runs $1,520/month, 16% higher than the national median of $1,314/month. The median household income of $86,378/year is 16% higher than the US median of $74,580. The local unemployment rate is 3.5%, below 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, Ranson corporation has a cost of living index of 90 versus the US average of 100, meaning it is 10% less expensive.
Ranson corporation has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 41 | 45 | 54 | 65 | 74 | 82 | 87 | 85 | 78 | 67 | 55 | 45 |
| Low °F | 24 | 25 | 32 | 42 | 51 | 60 | 65 | 63 | 55 | 44 | 34 | 27 |
| Precip" | 2.60 | 2.14 | 3.42 | 3.36 | 4.05 | 3.85 | 3.78 | 3.02 | 4.03 | 2.99 | 2.73 | 3.00 |
Frequently Asked Questions
What is the cost of living in Ranson corporation, WV?
Ranson corporation has a cost index of 90 (100 = national average). It is 10% below the national average.
What is average rent in Ranson corporation, WV?
The median gross rent in Ranson corporation is $1,520 per month based on 2023 Census data.
What is the average home price in Ranson corporation?
The median home value in Ranson corporation is $220,700 according to 2023 Census ACS data.
What is the median income in Ranson corporation?
The median household income in Ranson corporation is $86,378 per year (2023 ACS 5-year estimates).
What is the sales tax in Ranson corporation, WV?
The combined state and local sales tax rate in Ranson corporation is 6.4%. The West Virginia state income tax top rate is 6.5%.
Is Ranson corporation, WV affordable?
Ranson corporation is near the national average in terms of cost of living, with an index of 90 (100 = US average).
What is the weather like in Ranson corporation?
Ranson corporation 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.
Ranson corporation at a Glance
- Population
- 5,588
- Median Income
- $86,378
- Home Value
- $220,700
- Median Rent
- $1,520/mo
- Unemployment
- 3.5%
- Avg High Temp
- 64.8°F
- Sales Tax
- 6.4%
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West Virginia Rankings
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