Cost of Living in Grafton

Grafton's cost of living centers on genuinely affordable housing and property tax, alongside a real, disclosed low local median household income this record does not soften.

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Genuinely affordable housing

Zillow cited a median listing price of approximately $199,000 as of June 2026 (down ~2% YoY) -- modestly ABOVE this project's own independently-verified West Virginia statewide average home value of $182,704, while a separate, same-source-family average-listing figure ran lower at $141,919 -- a real, disclosed cross-metric spread. Both figures run well below the national 2026 range (base record).

Genuinely low property tax

Ownwell's cited 0.59% effective property tax rate and $542 median annual bill run well below both national and (per this project's own verified figure) WV statewide medians (base record).

A real, disclosed low median household income

Grafton's median household income ran a real, disclosed, low approximately $40,402, with a real, disclosed poverty rate of approximately 24.89% -- this record discloses both figures directly rather than omitting them (base record).

West Virginia's real 4.58% top income tax rate

West Virginia's real, current 5-bracket income tax (2.11% to 4.58%) applies in Grafton as statewide, with a newly-complete Social Security exemption for tax year 2026 (base record).

Key takeaways

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Last reviewed: 2026-08-28. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.