Cost of Living in Oak Hill
Oak Hill's cost of living runs genuinely affordable on housing, though property taxes run relatively higher than most other West Virginia markets researched in this project.
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Learn moreGenuinely affordable, appreciating housing
Oak Hill's typical home value ran approximately $124,293, up ~11.5% year-over-year -- far below national medians even amid real, current appreciation.
A relatively higher local property tax rate
Oak Hill's effective property tax rate (~0.92%) runs higher than every other West Virginia Tier A market in this project's dataset, though still below the national median (~1.02%).
A below-national-average income, high poverty rate
Oak Hill's median household income (~$52,466) and its real, disclosed high poverty rate (~21.7%) are genuine cost-of-living considerations alongside affordable prices.
Key takeaways
- Oak Hill's housing runs genuinely far below national medians, even while appreciating.
- Oak Hill's property tax rate (~0.92%) runs higher than other WV Tier A markets in this project, though still below the national median.
- A real, disclosed high poverty rate (~21.7%) is a genuine consideration alongside the area's affordability.
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