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Cheat Lake, West Virginia

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
10,902
Population
$117,014
Median Income
$367,600
Home Value
40.6
Median Age

Demographics

Cheat Lake has a population of 10,902 with a median age of 40.6. Here is the racial and ethnic breakdown of the population:

White
89.4%
Black
3.4%
Hispanic
2.8%
Other
2.5%
Asian
1.9%
Demographic Value
Total Population10,902
Median Age40.6
White89.4%
Black or African American3.4%
Asian1.9%
Hispanic or Latino2.8%
Other / Two or More Races2.5%
Cheat Lake, West Virginia — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 89.4%Black: 3.4%Hispanic/Latino: 2.8%Other: 2.5%Other: 1.9%10,902PopulationWhiteWhite89.4%BlackBlack3.4%Hispanic/LatinoHispanic/Latino2.8%OtherOther2.5%OtherOther1.9%

Income & Economy

The median household income in Cheat Lake is $117,014, which is 45.2% above the national median of $80,610. The per capita income is $67,787. The poverty rate is 6.5%.

$117,014
Median Household Income
$67,787
Per Capita Income
6.5%
Poverty Rate

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Education

In Cheat Lake, 98.0% of residents age 25+ have a high school diploma or higher, and 61.8% hold a bachelor's degree or higher (41.4% with a graduate or professional degree).

HS Diploma+
98.0%
Bachelor's+
61.8%
Graduate+
41.4%
Education Level % of Adults (25+)
High School Diploma or Higher98.0%
Bachelor's Degree or Higher61.8%
Graduate or Professional Degree41.4%

Housing

The median home value in Cheat Lake is $367,600, above the national median of $303,400. The median monthly rent is $1,124. The homeownership rate is 83.2%.

$367,600
Median Home Value
$1,124/mo
Median Rent
83.2%
Homeownership Rate
Housing Metric Value
Median Home Value$367,600
Median Monthly Rent$1,124
Homeownership Rate83.2%
Vacancy Rate7.0%

Salaries in West Virginia

Explore salary data for popular occupations in West Virginia:

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Other Cities in West Virginia

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Frequently Asked Questions

What is the population of Cheat Lake, West Virginia?
The population of Cheat Lake, West Virginia is 10,902 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Cheat Lake, West Virginia?
The median household income in Cheat Lake, West Virginia is $117,014. This is 45.2% above the national median of $80,610.
What is the median home value in Cheat Lake, West Virginia?
The median home value in Cheat Lake, West Virginia is $367,600. The median monthly rent is $1,124.
What percentage of people in Cheat Lake have a college degree?
In Cheat Lake, West Virginia, 61.8% of adults age 25 and older hold a bachelor's degree or higher, and 98.0% have a high school diploma or higher.
Is Cheat Lake, West Virginia an affordable place to live?
The home price-to-income ratio in Cheat Lake, West Virginia is 3.1x (median home value $367,600 vs. median income $117,014), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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