Quick facts: Wheeling, WV

Quick Facts

93.9
Cost of Living
below US average
26,391
Population
36.22
Crime Rate per 1000
above US average
$46,516
Median Income
below US average
$159,900
Median House Price
above US average
$1124.52
Average Rent
below US average
18%
Poverty Rate
above US average
4.1%
Unemployment Rate
above 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 $46,516.

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Income Needed to Buy

βœ— Stretch
$50k/year
Based on $159,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $50k vs median $46,516
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Income Needed to Rent

⚠ Stretch
$48k/year
Based on $1124.52/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $48k vs median $46,516
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Wheeling, WV

Wheeling, West Virginia, is a charming city located in the northern part of the state along the Ohio River. Known for its rich history, Wheeling played a significant role during the industrial revolution, especially in the production of glass and steel. The city is home to several historical landmarks, including the iconic Wheeling Suspension Bridge, which connects Wheeling Island to downtown. Wheeling's vibrant downtown area features a mix of shops, restaurants, and cultural attractions, such as the Oglebay Park, a sprawling natural reserve offering outdoor activities, a zoo, and a golf course. The city also hosts the Capitol Theatre, where various live performances and events take place, highlighting the local arts scene. In addition to its historical significance and recreational opportunities, Wheeling is known for its friendly communities and regional events, creating a welcoming atmosphere for both residents and visitors. With its lush landscapes and rich heritage, Wheeling is a unique blend of small-town charm and historical significance in West Virginia.

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