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Jefferson County, WV

RANK #134 / 996  ·  POP 58,043  ·  WV

PROJECTED GROWTH: +2.5%

Jefferson County is one of America's fastest-growing metros, with explosive job creation driving its boom.

[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] Signal Profile

[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

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] 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.

[06] 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.

[07] Frequently Asked Questions

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

Jefferson County has a Boom Town Index score of 87/100, ranking #134 among 996 U.S. counties. With job growth at +5.5% and a median household income of $93,744, it's an above-average county on economic indicators.

Is Jefferson County affordable?

The median home value in Jefferson County is $303,400 with median rent at $1,073/month. The income-to-home-value ratio is 0.309, which is more affordable than the national average.

Is Jefferson County growing or shrinking?

Population growth: +0.9% year-over-year. Job growth: +5.5%. Home values changed +3.5% in the past 12 months.

Are people moving to Jefferson County?

Yes — 2.17% of Jefferson County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

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