Wheeling, WV

Very Low · 52

West Virginia · Population 26,670 · Updated March 2026

$795
Median Rent / Month
$48,498
Median Income
$142,500
Median Home Value
$756
Owner Costs / Month

Affordability

How far your income goes in Wheeling

19.7%
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

$9,540
Annual Rent
$2,483
State Income Tax
$826
Property Tax (est.)

Cost of Living Overview

Wheeling is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 52 (where 100 equals the national median), Wheeling residents can expect to pay median rent of $795/month while earning a median household income of $48,498/year.

The median home value in Wheeling, WV is $142,500, with typical monthly owner costs around $756 including mortgage, insurance, and taxes. The median rent-to-income ratio of 19.7% 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 Wheeling.

Frequently Asked Questions

Common questions about living costs in Wheeling

What is the cost of living in Wheeling, WV?
The cost of living index in Wheeling, WV is 52 (US average = 100). Median monthly rent is $795, median household income is $48,498/year, and the median home value is $142,500.
Is Wheeling, WV affordable?
Yes, Wheeling is more affordable than the national average with a cost index of 52. The rent-to-income ratio is 19.7%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Wheeling, WV?
The median gross rent in Wheeling, WV is $795 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $9,540.
What is the median household income in Wheeling?
The median household income in Wheeling, WV is $48,498 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%.