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Designated Retirement Community

 Nicholas County - A Designated "Retire West Virginia" Community

    Thinking of relocating to Nicholas County, located in the central part of West Virginia? Warm and friendly people are the greatest asset of Nicholas County. You will feel at home on your first visit. We invite you to visit Nicholas Conty and enjoy our hospitality. Come tour our communities, industry sites and facilities. Enjoy our activities. We are confident you will agree Nicholas County, West Virginia is truly the home of gracious living.

 

 A Mild Four-Season Climate


West Virginia's distinct but basically mild four-season climate is attractive to retirees currently residing in the harsher climates of the northeast, midwest, and southern United States - particularly those who enjoy the outdoors and related activities.

Our climate can vary considerably between nearby areas depending on the region within the state, but any variation is mainly due to differences in altitude. Statewide, the four seasons are nearly equal in length.

The average state temperature is 72 degrees Fahrenheit in July and 32 degrees Fahrenheit in January.

Quality of Life and Cost of Living


A recent analysis indicated that the cost of living in West Virginia was 23.0% less than that of the Northeastern United States. Another study has more recently been done comparing various salient factors regarding 17 of the state's cities and towns to United States averages. When the comparison to national data is made, it can be shown that West Virginia does indeed offer a lower cost of living and a higher quality of life alternative to retirees who desire to relocate.

Quality of Life


Quality of Life measures such things as population density per square mile, air and water quality, commute time, and comfort index.

West Virginia's population density is 12.8% less than the national average. This provides our citizens more elbowroom to breathe our cleaner air and enjoy a water supply that rates right alongside the U.S. as a whole.

Our highways and byways are less crowded as indicated a by a commute time 15% less than the national average.

And although our comfort index is some 10% lower than the national index, our slightly higher summertime humidity is in large part due to our beautiful forested mountains that provide the best autumn vistas in the eastern United States.

Cost of Living


Cost of Living is an index that compares costs between areas. It weights and combines the six measurements of housing, food and groceries, transportation, utilities, health care, and miscellaneous expenses such as clothing, services, and entertainment. State and local taxes are not included in any category. The average cost of living in the United States is represented as a value of 100. A value of 95 would mean that it costs 5% less than the national average to live a particular geographic area, and a value of 110 would mean that it's 10% more expensive. The overall Cost of Living Index (COLI) for the 17 West Virginia cities rated is 97.0.

Tax Information

Personal Income Tax

This is a graduated tax, with these graduations beginning at $10,000 and continuing through $60,000. Only that portion of Social Security benefits that is included in Federal adjusted gross income is subject to state income tax.

Military Retirement Exemption

The first thirty thousand dollars in benefits derived from military retirement is exempted from West Virginia personal income tax obligations.

Property Tax


Property taxes are levied on both real and personal property in West Virginia. In general, real property is land and anything permanently attached to land, and personal property is all other objects or rights that can be owned. The West Virginia Department of Tax and Revenue supervises the collection of these taxes which is done by local county officials. The primary beneficiaries of the Property Tax are county boards of education. Property is assessed according to its use, location and value as of July 1 of each year. Each county and municipality can impose its own rates of property taxation within the limits set by the West Virginia Constitution. The West Virginia Legislature sets the rate of tax of county boards of education. All county boards of education Statewide use this rate.

Homestead Exemption


This exemption is for residents sixty-five and older who own and occupy their home exclusively for residential purposes. The homeowner who has legally resided in West Virginia for two consecutive taxable years prior to filing a claim qualifies for an exemption from ad valorem property taxes on the first $20,000 of the assessed value of the homestead.

Sales Tax

Currently, this tax is six percent on all purchases including food. Prescription drugs, insulin, and purchases made with food stamps are exempt from taxation.

 
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