Quick facts: Beckley, WV

Quick Facts

93.9
Cost of Living
below US average
16,749
Population
84.9
Crime Rate per 1000
above US average
$41,277
Median Income
below US average
$139,990
Median House Price
above US average
$1468.19
Average Rent
above US average
18%
Poverty Rate
above US average
3.5%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $41,277.

🏠

Income Needed to Buy

βœ— Stretch
$44k/year
Based on $139,990 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $44k vs median $41,277
🏒

Income Needed to Rent

⚠ Stretch
$63k/year
Based on $1468.19/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $63k vs median $41,277
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Beckley, WV

Beckley, West Virginia, is a charming city nestled in the Appalachian Mountains. Known as the "Gateway to Southern West Virginia," it serves as a hub for outdoor activities and cultural experiences. The city, located in Raleigh County, boasts a rich history tied to coal mining and railroads, reflected in its vibrant downtown area. Beckley is home to the renowned Beckley Exhibition Coal Mine, where visitors can explore underground coal mines and learn about the region's industrial heritage. The Tamarack, a renowned arts and crafts center, showcases local artisans' work and promotes West Virginia's rich cultural scene. Outdoor enthusiasts can enjoy nearby attractions such as the New River Gorge National Park, famous for its stunning landscapes and exhilarating white-water rafting. Beckley also hosts several annual events, including the Beckley Arts & Crafts Fair, highlighting the community's artistic spirit. With its friendly atmosphere, scenic beauty, and a variety of recreational opportunities, Beckley is a delightful destination for visitors seeking to experience authentic West Virginia culture and outdoor adventure.

πŸ” Search & Compare Places

First Location πŸ“