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Jefferson County, WV

Charles Town

RANK #268 / 996 NAT  ·  #3 / 11 WV  ·  POP 58,043

1YR FORECAST: +2.5%

5YR OUTLOOK: +30%

#11 Highest GDP Growth
Our model projects above-average housing market growth for Jefferson County at +2.5% over the next year.

[01] Why Jefferson County?

Jefferson County, West Virginia, is defined by its rich history and scenic location where the Potomac and Shenandoah Rivers meet beneath the Blue Ridge Mountains. Harpers Ferry, a notable town within the county, is a National Historical Park and a significant site from the Civil War, also serving as the "psychological halfway point" of the Appalachian Trail. The county is the easternmost in West Virginia, approximately an hour's drive from Washington, D.C., and Baltimore, Maryland, making it accessible for commuters. The community offers a blend of historic charm and natural beauty, with opportunities for whitewater rafting, hiking, and exploring numerous parks.

Life in Jefferson County often appeals to families and professionals seeking a balance between rural charm and access to metropolitan areas. Many residents commute to jobs outside the county, including to the Washington metropolitan area, drawn by a lower cost of living. The public school system in Jefferson County is considered above average. The local economy is driven by a mix of agriculture, tourism, and the equine industry, with Charles Town Racetrack being a major employer. Recently, there has been interest in developing data centers and energy projects in the county, which could further diversify the economic landscape.

[02] Market Snapshot

Housing Ratio
7.5x

Overvalued relative to economy

GDP Growth
+11.4%

Well above national median

Home Prices
+3.5%

Outpacing national median

Climate & Terrain
-1.1

Below-average climate & terrain

Price/Rent
14x

Above national median (13x)

Housing looks overvalued at 7.5x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Hollywood Casino at Charles Town Races Hospitality
    100+
  2. 2
    American Public University System Education
  3. 3
    Jefferson Medical Center Healthcare
    77
  4. 4
    UFP Industries Manufacturing
    73
  5. 5
    Rockwool Group Manufacturing
    60
  6. 6
    Aramark Other
    59
  7. 7
    Apei Other
    57
  8. 8
    Genesis HealthCare Healthcare
    52
  9. 9
    Walmart Retail
    48
  10. 10
    Penn Entertainment Hospitality
    40

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Jefferson County U.S. National

The Numbers

DEMOGRAPHICS
Population
58,043
+0.87% YoY
Median Household Income
$93,744
Median Home Value
$303,400
+3.48% 12mo
Median Rent
$1,073
Average Annual Pay
$61,812
+4.0% YoY
Employment
17,087
+5.5% YoY
Income-to-Home-Value
0.309
More affordable than average
Migration Inflow
2.17%
of pop. from another state
Bachelor's Degree+
32.2%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$385,000
Days on Market
78
Slower market
Months of Supply
3.1
Balanced market
Sale-to-List Ratio
98.6%
Near asking price
Sold Above List
13.5%
Listings w/ Price Drops
20.4%
Building Permits (2024)
990
Single-Family Permits
776

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

B+
SAFETY
GRADE
Homicide Rate
3.0
per 100K · nat avg 6.3
Firearm Fatalities
13.2
per 100K · nat avg 14.8
Injury Deaths
112.2
per 100K · nat avg 76.3
vs National Average
Well below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Capital Investment

$926M
TOTAL
PROJECT AMOUNT STATUS
QTS Data Center Campus
QTS Realty Trust
$500M Under Construction
Rippon Solar Project
Rippon Energy (subsidiary of Torch Clean Energy LLC)
$125M Planned
Wild Hill Solar Project
Wild Hill Solar LLC (subsidiary of EDF Renewables)
$125M Operating
Blake Solar Plant
Horus West Virginia 1, LLC
$96M Operating
Franklintown Farms Solar Project
Enel Green Power
$80M Operating

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[07] Score Breakdown

GDP Growth +11.4% 99 percentile
Population Growth +0.9% 67 percentile
Income Growth +8.1% 39 percentile
Vacancy Rate 1.0% 53 percentile
Home Price Change +3.5% 77 percentile
Rent Growth +4.5% 73 percentile
Price/Rent 14x 48 percentile

Bars show percentile rank among all 996 counties.

[08] Frequently Asked Questions

Is Jefferson County, WV a good place to move to?

With a Boom Town Index score of 73/100, Jefferson County sits in the upper half of all 996 ranked counties. Employment is expanding at +5.5%, and median household income stands at $93,744 — indicators that suggest solid fundamentals even if it's not among the fastest-growing counties in WV.

Is Jefferson County affordable?

Housing in Jefferson County is roughly in line with national affordability norms. The median home costs $303,400 and the income-to-home-value ratio sits at 0.31, with rents averaging $1,073/month. Not a bargain, but not a stretch for most local earners either.

Is Jefferson County growing or shrinking?

Jefferson County is growing on multiple fronts. Population is up +0.9% year-over-year while employers added jobs at a +5.5% clip — and home values reflect that momentum, rising +3.5% over the past 12 months.

Are people moving to Jefferson County?

There's a moderate stream of newcomers. About 2.17% of residents moved from another state, which is above average and suggests Jefferson County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[09] Similar Counties by Size & Score

Harrison County, WV 75 Raleigh County, WV 77 Berkeley County, WV 59 Kanawha County, WV 55 Cabell County, WV 54 Marion County, WV 53 Chemung County, NY 73 Gordon County, GA 72