Cost of Living in Gilmer County, West Virginia

$764/mo
Median Monthly Rent
$83,300
Median Home Value
1% above state averageUnaffordable

At a Glance

Median Monthly Rent
$764/mo
1% above state average
Median Home Value
$83,300
70% below national
Rent-to-Income Ratio
25.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Gilmer County Compares

Median monthly rent comparison

Gilmer County$764/mo
West Virginia Average$760/mo
National Median$1,163/mo

Detailed Housing Stats

$764/mo
Median Gross Rent
$83,300
Median Home Value
$340/mo
Monthly Owner Cost
25.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Gilmer County, West Virginia

Gilmer faces the nation's rent squeeze

At 18.0%, Gilmer County's rent-to-income ratio ranks among the worst in America, driven by a median household income of just $50,991 paired with $764 monthly rents. This combination leaves residents dedicating nearly one-fifth of earnings to housing—a burden well above national and state norms.

Least affordable county in West Virginia

Gilmer's 18.0% rent-to-income ratio tops all peer counties in this analysis, indicating severe affordability stress. Only Greenbrier and Hardy counties approach this level, but Gilmer's combination of low income and moderate rents creates the steepest burden statewide.

Lowest incomes, highest rent burden

Gilmer's $50,991 median household income is the lowest in the region, while $764 monthly rent is unremarkable—but together they create the steepest housing-to-income ratio. The median home value of $83,300 is also the cheapest, offering entry-level purchase prices but limited wealth-building.

One-fifth of income lost to rent

Renters spend $764 monthly while homeowners pay just $340, yet the rent burden still consumes 18.0% of household income. Even homeownership remains tight, as the median income of $50,991 leaves limited flexibility for other expenses.

Lowest prices hide income challenges

Gilmer's bargain housing comes attached to West Virginia's lowest median incomes, making it risky for job seekers. If stable, higher-wage employment exists in your industry here, the affordability is genuine; otherwise, compare neighboring counties' job markets before committing.

Affordability Calculator

See how your income compares to housing costs in Gilmer County

$

Rent Burden

18.0%

of gross income

Max Housing (28% Rule)

$1,190

per month

Owner Cost Burden

8.0%

of gross income

You can likely afford the median home in Gilmer County

Median home value is $83,300. Estimated monthly cost: $665 vs. your max of $1,190.

Rent Affordability Guide

Your rent-to-income ratio18.0%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Gilmer County, West Virginia?
Gilmer County, West Virginia has a median monthly rent of $764/mo and a median home value of $83,300. The affordability rating is Unaffordable, with rent making up approximately 25.0% of median household income.
What is the median rent in Gilmer County?
The median gross rent in Gilmer County is $764/mo. This is 1% above state average for West Virginia.
Is Gilmer County affordable?
Gilmer County is rated Unaffordable based on rent-to-income ratio of 25.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Gilmer County's rent compare to the state average?
Gilmer County's median rent of $764/mo is 1% above state average of $760/mo for West Virginia.
What is the median home value in Gilmer County?
The median home value in Gilmer County, West Virginia is $83,300. This is 70% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.