Everything You Should Know Before Moving to Cheat Lake, WV
Considering a move to Cheat Lake, WV? This scenic community of about 9,930 residents offers a relaxed, family-friendly lifestyle with a median home price around $370,000 and rents averaging $1,350. Enjoy short commutes (about 22.5 minutes), low crime rates, strong public schools, and easy access to top healthcare in nearby Morgantown. With over half the population holding bachelor's degrees or higher and a cost of living below the national average, Cheat Lake is perfect for those seeking quality living in a beautiful lakefront setting.
Demographics - Cheat Lake, WV
Demographics - Cheat Lake, WV
Cheat Lake is home to nearly 10,000 residents, with a median age of 41.3 and a population density that fosters a close-knit suburban feel. The community is predominantly White, with a small percentage of Asian and Black residents, and only 4.5% of the population speaks a language other than English at home.
Population:
9,930
Density:
765 per sq mi
Median Age:
41.3
Gender Ratio:
97 males per 100 females
Non-English Speakers Percentage:
4.5%
Ethnic Composition
White:
92.0%
Black:
1.6%
Asian:
3.4%
Others:
3.0%
Cost Of Living
What is the average cost of living in Cheat Lake, WV?
The cost of living in Cheat Lake is slightly below the national average, with a median home value of $370,000 and typical rents around $1,350 per month. Residents benefit from affordable utilities and reasonable grocery expenses, making the area attractive for both homeowners and renters.
Median House Value:
$370,000
Gross Rent:
$1,350
Monthly Electricity Charges:
$125
Auto Insurance:
$1,200
House Owner Cost With Mortgage:
$1,850
House Owner Cost Without Mortgage:
$520
State Taxes:
Low:
3.0%
|
High:
6.5%
Cost Of Living Index:
96.2
Grocery:
94.1
Housing:
98.4
Utilities:
102.6
Transportation:
95.3
Health Care:
93.7
Miscellaneous:
94.0
Crime
Is Cheat Lake, WV a safe place to live?
Cheat Lake boasts low crime rates, with only 110 violent crimes and 1,480 property crimes per 100,000 people annually. Residents enjoy a high sense of safety, where the chance of becoming a victim of violent crime is just 1 in 910.
Violent Crimes Per 100k:
110
Property Crimes Per 100k:
1,480
Crime Index:
1,590
Chance Of Violent Crime:
1 in 910
Chance Of Property Crime:
1 in 68
Weather
What is the weather like in Cheat Lake, WV year-round?
The area experiences four distinct seasons, with warm summers reaching highs of 83°F and chilly winters dipping to 24°F. Cheat Lake receives about 43.5 inches of annual rainfall and enjoys sunshine 53% of the year, making it ideal for outdoor activities.
Winter
Min:
24°F
Max:
39°F
Spring
Min:
44°F
Max:
68°F
Summer
Min:
62°F
Max:
83°F
Fall
Min:
46°F
Max:
70°F
Average Rainfall Inches:
43.5 inches
Sunny Days Percentage:
53%
Neighbors
Cheat Lake residents enjoy a strong sense of community, with a median household income of $108,600 and a low poverty rate of 5.2%. The majority of adults are highly educated, and short average commutes of about 22.5 minutes contribute to a convenient lifestyle.
Median Income:
$42,800
Household Income:
$108,600
Family Income:
$122,400
Per Capita Income:
$46,500
Income Male:
$54,200
Income Female:
$46,800
Poverty Rate:
5.2%
Non English Speakers:
4.5%
Rent:
$1,350
Unemployment Rate:
3.7%
Public Transport Usage:
0.3%
Commute Time:
22.5 minutes
Education
High School or Higher:
97.8%
Bachelors or More:
53.7%
Education
How are the schools in Cheat Lake, WV?
Cheat Lake offers strong education options, including highly rated public schools and proximity to West Virginia University just seven miles away. Over half of the adult population holds a bachelor's degree or higher, supporting a well-educated community.
Public Schools
Name:
Cheat Lake Elementary School
Street:
154 Crosby Rd
Phone:
304-594-1111
Students:
680
Student Teacher Ratio:
14.1
Name:
Mountaineer Middle School
Street:
991 Price St
Phone:
304-291-9300
Students:
510
Student Teacher Ratio:
13.5
Private Schools
Name:
Trinity Christian School
Street:
200 Trinity Way
Phone:
304-291-4659
Students:
540
Colleges
Name:
West Virginia University
City:
Morgantown
State:
WV
Distance:
7 miles
Students:
25,500
Healthcare
Access to healthcare is excellent, with over 93% of residents insured and two major hospitals nearby in Morgantown. The area offers a high ratio of physicians per capita and strong emergency services for peace of mind.
Major Hospitals
Name:
Mon Health Medical Center
Address:
1200 J.D. Anderson Drive, Morgantown, WV 26505
Phone:
(304) 598-1200
Type:
General & Surgical
Emergency Services:
Yes
Name:
J.W. Ruby Memorial Hospital
Address:
1 Medical Center Dr, Morgantown, WV 26506
Phone:
(304) 598-4000
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
2.6
Health Insurance Coverage:
93.7%
Health Care Index:
76.2
Housing Market
What is the housing market like in Cheat Lake, WV?
The housing market is robust, with a median home price of $370,000 and a high owner-occupancy rate of nearly 79%. Home values have appreciated by 5.2% in the past year, reflecting the area's growing desirability.
Median Home Price:
$370,000
Average Rent For 2 Bedroom:
$1,350
Owner Occupied Rate:
78.9%
Rental Vacancy Rate:
4.2%
Home Appreciation Rate (1yr):
5.2%
New Construction Rate:
2.1%
Foreclosure Rate:
0.4%
DMV Information
Residents are served by the West Virginia Division of Motor Vehicles located in nearby Morgantown, offering convenient access to licensing, registration, and other motor vehicle services.
State:
West Virginia
Department:
West Virginia Division of Motor Vehicles
Address:
3041 University Ave, Morgantown, WV 26505
Phone:
1-800-642-9066
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.