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
| Cheat Lake | Monongalia County | West Virginia | United States | |
|---|---|---|---|---|
| Renter-occupied share | 16.8% (±4.9 points) | 42.1% (±1.8 points) | 25.1% (±0.3 points) | 34.8% |
| Renting households | 745 (±242) | 18,811 (±889) | 183,060 (±2,623) | 45,017,354 |
| Owning households | 3,678 (±320) | 25,818 (±748) | 545,595 (±3,466) | 84,210,142 |
| Average renter household size | 1.8 (±0.4) | 2.0 (±0.1) | 2.1 (±0.0) | 2.3 |
| Average owner household size | 2.6 (±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 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 20.0% (±3.3 points) | 16.8% (±4.9 points) | −3.2 percentage points | Not 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
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Cheat Lake | — | 16.8% (±4.9 points) | — |
| Brookhaven | 4.4 mi | 17.0% (±6.2 points) | Not measurably different |
| Morgantown | 5.6 mi | 56.3% (±3.7 points) | Higher |
| Point Marion | 5.7 mi | 35.8% (±9.3 points) | Higher |
| Springhill Township (Fayette County) | 6.3 mi | 19.4% (±7.2 points) | Not measurably different |
| Star City | 7.4 mi | 62.7% (±9.6 points) | Higher |
| Westover | 7.8 mi | 43.9% (±7.6 points) | Higher |
| Granville | 8.1 mi | 60.4% (±13.6 points) | Higher |
| Masontown | 8.2 mi | 15.2% (±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
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Star City | 62.7% (±9.6 points) |
| 2 | Granville | 60.4% (±13.6 points) |
| 3 | Morgantown | 56.3% (±3.7 points) |
| 4 | Westover | 43.9% (±7.6 points) |
| 5 | Blacksville | 17.9% (±26.2 points) |
| 6 | Brookhaven | 17.0% (±6.2 points) |
| 7 | Cheat Lake | 16.8% (±4.9 points) |
| 8 | Cassville | 13.1% (±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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Cheat Lake CDP, West Virginia
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Cheat Lake CDP, West Virginia
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Cheat Lake CDP, West Virginia
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Cheat Lake CDP, West Virginia
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Cheat Lake CDP, 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 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.
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 .
Related
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- Population growth in Cheat Lake
- How long people stay in Cheat Lake
- Crowding and facilities in Cheat Lake
- West Virginia landlord and tenant rules
- Housing across Monongalia County
- West Virginia places ranked by share of renters
- Housing data for every place in West Virginia