What is the median household income in Charles Town, WV?
The median household income in Charles Town, WV is $89,263 (±$15,234) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,115 a month would take about $44,600 a year at the common guideline of spending no more than 30% of income on rent.
In Charles Town, the median household income went from $80,278 in 2015–2019 to $89,263 in 2020–2024 (+11.2%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $89,263 (±$15,234)
- Median renter income
- $50,686 (±$2,398)
- Income to afford median rent
- about $44,600
Income in Charles Town against Jefferson County, its state and the nation
| Charles Town | Jefferson County | West Virginia | United States | |
|---|---|---|---|---|
| Median household income | $89,263 (±$15,234) | $98,806 (±$4,916) | $59,608 (±$691) | $80,734 |
| Median renter household income | $50,686 (±$2,398) | $46,010 (±$3,468) | $33,142 (±$752) | $52,966 |
| Median owner household income | $122,794 (±$33,594) | $112,022 (±$3,272) | $70,961 (±$731) | $100,009 |
| Median gross rent | $1,115 (±$62) | $1,108 (±$53) | $872 (±$8) | $1,413 |
In Charles Town, median household income is not measurably different from Jefferson County ($98,806).
It is also higher than in West Virginia ($59,608).
It is not measurably different from the national figure ($80,734).
In Jefferson County, Charles Town ranks 4 of 7 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 15 of 258.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Charles Town
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $1,115 a month ($13,380 a year) needs an income of about $44,600 a year.
The median renting household in Charles Town earns $50,686 a year.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $80,278 (±$8,187) | $89,263 (±$15,234) | +11.2% | No measurable change after inflation |
| Median gross rent | $928 (±$102) | $1,115 (±$62) | +20.2% | No measurable change after inflation |
| Median home value | $255,600 (±$22,538) | $377,700 (±$27,509) | +47.8% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near Charles Town
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Charles Town | — | $89,263 (±$15,234) | — |
| Ranson corporation | 3.2 mi | $89,523 (±$10,950) | Not measurably different |
| Shannondale | 5.2 mi | $80,000 (±$26,237) | Not measurably different |
| Shenandoah Junction | 6.3 mi | $94,821 (±$78,580) | Not measurably different |
| Bolivar | 8.1 mi | $83,068 (±$19,876) | Not measurably different |
| Harpers Ferry | 8.6 mi | $116,587 (±$24,402) | Not measurably different |
| Hillsboro | 9.6 mi | $97,438 (±$44,401) | Not measurably different |
| Berryville | 9.6 mi | $102,788 (±$24,749) | Not measurably different |
| Round Hill | 11 mi | $127,266 (±$33,960) | Higher |
Nearby places with a measurably higher figure: Round Hill, VA ($127,266).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Jefferson County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Harpers Ferry | $116,587 (±$24,402) |
| 2 | Shenandoah Junction | $94,821 (±$78,580) |
| 3 | Ranson corporation | $89,523 (±$10,950) |
| 4 | Charles Town | $89,263 (±$15,234) |
| 5 | Bolivar | $83,068 (±$19,876) |
| 6 | Shannondale | $80,000 (±$26,237) |
| 7 | Shepherdstown | $63,750 (±$24,257) |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Charles Town
What is the median household income in Charles Town?
The median household income in Charles Town is $89,263 (±$15,234) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Charles Town?
About $44,600 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,115 a month.
Have incomes in Charles Town kept up with inflation?
In Charles Town, the median household income went from $80,278 in 2015–2019 to $89,263 in 2020–2024 (+11.2%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Charles Town?
The median renting household in Charles Town, WV earns $50,686 (±$2,398) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Charles Town city, West Virginia
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Charles Town city, West Virginia
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Charles Town city, West Virginia
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Charles Town city, West Virginia
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Charles Town city, West Virginia
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Charles Town city, West Virginia
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Charles Town city, West Virginia (place:14610, in state:54).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Charles Town at a glance
- Median rent in Charles Town
- Rent by bedrooms in Charles Town
- Rent burden in Charles Town
- Renters and owners in Charles Town
- Home values in Charles Town
- Homeowner costs in Charles Town
- Property taxes in Charles Town
- Types of homes in Charles Town
- Bedrooms in Charles Town
- Age of homes in Charles Town
- Heating fuel in Charles Town
- Commute and cars in Charles Town
- Crime reported to police in Charles Town
- Population growth in Charles Town
- How long people stay in Charles Town
- Crowding and facilities in Charles Town
- West Virginia landlord and tenant rules
- Housing across Jefferson County
- West Virginia places ranked by median household income
- Housing data for every place in West Virginia