Teays Valley, WV

Below Avg · 87

West Virginia · Population 13,961 · Updated March 2026

$1,238
Median Rent / Month
$106,798
Median Income
$271,900
Median Home Value
$1,239
Owner Costs / Month

Affordability

How far your income goes in Teays Valley

13.9%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in West Virginia

State-level tax rates that affect your costs

5.12%
Income Tax (Top Rate)
6.0%
Sales Tax
0.58%
Property Tax Rate

Estimated Annual Costs

$14,856
Annual Rent
$5,468
State Income Tax
$1,577
Property Tax (est.)

Cost of Living Overview

Teays Valley offers a below-average cost of living, giving residents more purchasing power compared to many US cities. With a cost index of 87 (where 100 equals the national median), Teays Valley residents can expect to pay median rent of $1,238/month while earning a median household income of $106,798/year.

The median home value in Teays Valley, WV is $271,900, with typical monthly owner costs around $1,239 including mortgage, insurance, and taxes. The median rent-to-income ratio of 13.9% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

West Virginia has a moderate income tax rate of 5.12%. Combined with a 6.0% sales tax rate and 0.58% effective property tax rate, the overall tax environment is a factor in the total cost of living in Teays Valley.

Frequently Asked Questions

Common questions about living costs in Teays Valley

What is the cost of living in Teays Valley, WV?
The cost of living index in Teays Valley, WV is 87 (US average = 100). Median monthly rent is $1,238, median household income is $106,798/year, and the median home value is $271,900.
Is Teays Valley, WV affordable?
Yes, Teays Valley is more affordable than the national average with a cost index of 87. The rent-to-income ratio is 13.9%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Teays Valley, WV?
The median gross rent in Teays Valley, WV is $1,238 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $14,856.
What is the median household income in Teays Valley?
The median household income in Teays Valley, WV is $106,798 per year. This compares to the national median of approximately $80,000.
What are the taxes like in West Virginia?
West Virginia has a top income tax rate of 5.12%, a sales tax of 6.0%, and an effective property tax rate of 0.58%.