Here's what it costs to live in Morgantown, West Virginia, based on the latest US government data. Renters pay a median of $888 per month, while the typical home is valued around $238,200. Households earn a median of $42,245 per year, leaving rent at a manageable share of income for many residents. The figures below cover housing, local wages by occupation, demographics, and air quality, all drawn from the US Census Bureau, BEA, HUD, and EPA.
Median Household Income
$42,245
Annual · Census ACS
Median Gross Rent
$888
Per month · Census ACS
Median Home Value
$238,200
Census ACS
Cost of Living Index
N/A
BEA RPP · US avg = 100
Studio FMR
$871
HUD Fair Market Rent
1BR Fair Market Rent
$877
HUD FMR
2BR Fair Market Rent
$1,099
HUD FMR
3BR Fair Market Rent
$1,318
HUD FMR
HUD Fair Market Rent = 40th percentile gross rent · FY2024
State Income Tax
5.12%
Top marginal rate
State Sales Tax
6.00%
Statewide base rate (local add-ons may apply)
Source: Tax Foundation (2024)
| Occupation | Median Annual Wage |
|---|---|
| 💻Software Developer | N/A |
| 🏥Registered Nurse | N/A |
| 📚Elementary Teacher | N/A |
| ⚡Electrician | N/A |
| 📊Accountant | N/A |
Source: BLS OEWS 2023 (metro-level data)
Population
30,273
Latest estimate
Median Age
24 yrs
Census ACS
🌬️
AQI data not available
Source: EPA AirNow
What is the cost of living index for Morgantown?
The cost of living index for Morgantown is not yet available in our database.
What is the median rent in Morgantown?
The median gross rent in Morgantown is $888 per month according to US Census ACS data.
What is the median household income in Morgantown?
The median household income in Morgantown is $42,245 per year.
What is the median home value in Morgantown?
The median home value in Morgantown is $238,200 based on the latest Census ACS survey.
How is the air quality in Morgantown?
Air quality data for Morgantown is not yet available.
What are the taxes like in Morgantown?
West Virginia has a top state income tax rate of 5.12% and a statewide sales tax of 6.00% (local rates may add to this). Source: Tax Foundation, 2024.
Data last updated: December 1, 2024 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology