Preston County, West Virginia
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Preston County Compares
Detailed Income Statistics
Income Advisory: Preston County
Income Verdict
Preston County has a median household income of $61,373 and per capita income of $28,645 — a gap of $32,728, suggesting a typical mix of dual-income and single-earner households.
Housing Affordability
With median gross rent at $753/month and a median household income of $61,373, rent consumes approximately 14.7% of monthly income — well within affordable thresholds.
Economic Context
With a median household income of $61,373, residents of Preston County likely face budget constraints in higher-cost regions but may find cost of living manageable locally. Per capita income of $28,645 suggests below-average individual earnings, which may reflect local employment mix or industrial composition.
Neighbor Context
Preston County earns approximately 12.1% above the West Virginia state median household income of $54,746, positioning it favorably within the state.
Data Story
About Household Income in Preston County, West Virginia
Preston County below national average
Preston County's median household income of $61,373 falls 17.9% short of the national median of $74,755, reflecting rural economic pressures. Despite this, the county performs well relative to many rural counties nationwide.
Strong performer statewide
Preston County's median household income of $61,373 exceeds the West Virginia state average of $54,746 by 12.1%, ranking it among the top-earning counties in the state. This demonstrates solid economic foundation within the region.
Upper tier among peers
Preston County's $61,373 income ranks among the strongest in its region, tied with Pleasants County ($61,038) and second only to Putnam County ($77,871). The county's economic performance reflects diversified employment base.
Rent and housing well-balanced
With a rent-to-income ratio of 14.7%, Preston County households spend less than one-sixth of earnings on rent, below the 30% affordability threshold. A median home value of $157,700 is reasonable relative to median household income.
Build wealth through planning
Preston County's solid income foundation supports wealth building through retirement savings and strategic homeownership. Work with a financial advisor to develop a personalized plan for maximizing tax-advantaged accounts and long-term investments.
Frequently Asked Questions
What is the median household income in Preston County, West Virginia?
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How does Preston County compare to the West Virginia average?
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Why is Preston County income higher than the West Virginia average?
How does Preston County rank for income in West Virginia?
Income Comparison Calculator
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Your income is above the Preston County median
County median: $61,373 per year
vs. County Median
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vs. State Average
+12%
vs. National Median
-18%
Income Adequacy
Your monthly income ($5,114) vs. median rent ($753/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.