What percentage of people rent in Cheat Lake, WV?

16.8% (±4.9 points) of the occupied homes in Cheat Lake, WV are rented (2020–2024 American Community Survey).

That is 745 renting households against 3,678 that own their home.

In Cheat Lake, the share of households that rent went from 20.0% in 2015–2019 to 16.8% in 2020–2024 (−3.2 percentage points), not a measurable change.

Figures last updated on .

Households that rent
16.8% (±4.9 points)
Renting households
745 (±242)
Median renter income
$56,393 (±$21,328)

Who rents and who owns in Cheat Lake

Tenure, estimate (90% margin of error)
Cheat LakeMonongalia CountyWest VirginiaUnited States
Renter-occupied share16.8% (±4.9 points)42.1% (±1.8 points)25.1% (±0.3 points)34.8%
Renting households745 (±242)18,811 (±889)183,060 (±2,623)45,017,354
Owning households3,678 (±320)25,818 (±748)545,595 (±3,466)84,210,142
Average renter household size1.8 (±0.4)2.0 (±0.1)2.1 (±0.0)2.3
Average owner household size2.6 (±0.2)2.4 (±0.1)2.5 (±0.0)2.6
Median renter household income$56,393 (±$21,328)$33,682 (±$1,935)$33,142 (±$752)$52,966
Median owner household income$134,960 (±$10,309)$100,604 (±$6,613)$70,961 (±$731)$100,009

In Cheat Lake, the renter share is lower than in Monongalia County (42.1%).

It is also lower than in West Virginia (25.1%).

It is lower than the national figure (34.8%).

In Monongalia County, Cheat Lake ranks 7 of 8 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 208 of 272.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Cheat Lake has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent20.0% (±3.3 points)16.8% (±4.9 points)−3.2 percentage pointsNot a measurable change
Median gross rent$908 (±$227)$1,124 (±$247)+23.8%No measurable change after inflation
Median household income$89,310 (±$12,401)$117,014 (±$19,407)+31.0%No measurable change 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.

Households that rent in places near Cheat Lake

Nearest places with a published estimate, compared with Cheat Lake
PlaceDistanceHouseholds that rentCompared with this place
Cheat Lake—16.8% (±4.9 points)—
Brookhaven4.4 mi17.0% (±6.2 points)Not measurably different
Morgantown5.6 mi56.3% (±3.7 points)Higher
Point Marion5.7 mi35.8% (±9.3 points)Higher
Springhill Township (Fayette County)6.3 mi19.4% (±7.2 points)Not measurably different
Star City7.4 mi62.7% (±9.6 points)Higher
Westover7.8 mi43.9% (±7.6 points)Higher
Granville8.1 mi60.4% (±13.6 points)Higher
Masontown8.2 mi15.2% (±11.5 points)Not measurably different

Nearby places with a measurably higher figure: Morgantown, WV (56.3%), Point Marion, PA (35.8%), Star City, WV (62.7%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Monongalia County, place by place

RankPlaceHouseholds that rent
1Star City62.7% (±9.6 points)
2Granville60.4% (±13.6 points)
3Morgantown56.3% (±3.7 points)
4Westover43.9% (±7.6 points)
5Blacksville17.9% (±26.2 points)
6Brookhaven17.0% (±6.2 points)
7Cheat Lake16.8% (±4.9 points)
8Cassville13.1% (±15.7 points)

Cheat Lake is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

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 Cheat Lake

How many renters are there in Cheat Lake?

Cheat Lake has an estimated 745 (±242) renting households, 16.8% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Cheat Lake?

In Cheat Lake, the share of households that rent went from 20.0% in 2015–2019 to 16.8% in 2020–2024 (−3.2 percentage points), not a measurable change.

How big are renting households in Cheat Lake?

A renting household in Cheat Lake has 1.8 people on average, against 2.6 in an owned home.

How much do renters earn in Cheat Lake?

The median renting household in Cheat Lake, WV has an income of $56,393 (±$21,328) a year, against $134,960 for households that own their home.

Sources

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 Cheat Lake CDP, West Virginia (place:14775, in state:54).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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 .

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