Cost of Living in Hampshire County, West Virginia
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How Hampshire County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Hampshire County ranks #636 of 3,142 counties for affordability (top 20%)
Sourced county brief
Housing Value and Rent Statistics for Hampshire County, West Virginia
The median home value in Hampshire County was estimated at $219,200, which is $71,196 above the West Virginia unweighted county mean of $148,004. According to ACS table B25071, the official median gross rent as a percentage of household income (GRAPI) is 20.5%. This figure is 8.2 percentage points lower than the West Virginia unweighted county mean official GRAPI of 28.7%. Monthly housing costs include a median gross rent of $720, positioned below the state unweighted county mean of $777. For owner-occupied units, median selected monthly owner costs were $719, which is $121 higher than the West Virginia unweighted county mean of $598. The median renter-household income in the county was recorded at $44,755. These figures provide a snapshot of housing expenditures for both renters and owners relative to unweighted state-level county benchmarks. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Hampshire County
Affordability Verdict
ACS B25071 estimates median gross rent at 20.5% of renter household income in Hampshire County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $720 per month; median selected monthly owner costs are $719. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $28,800 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The West Virginia unweighted mean of county median rents is $777 per month. Hampshire County's $720 median is 7.3% below that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Hampshire County
Rent Burden
13.7%
of gross income
Max Housing (28% Rule)
$1,473
per month
Owner Cost Burden
13.7%
of gross income
The median home in Hampshire County may be a stretch
Median home value is $219,200. Estimated monthly cost: $1,750 vs. your max of $1,473.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
$0/yr
Needed to stay within recommended threshold
$0/yr
Needed to stay within recommended threshold
$0/yr
Needed to stay within recommended threshold
Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
What is the cost of living in Hampshire County, West Virginia?
What is the median rent in Hampshire County?
Is Hampshire County affordable?
How does Hampshire County's rent compare to the state average?
What is the median home value in Hampshire County?
Counties with Similar Housing Costs
Planning a Move?
Researching the cost of living in Hampshire County, West Virginia? Compare moving quotes from top providers and save on your relocation.
Compare Moving QuotesCompare Mortgage Rates in Hampshire County
Whether you're buying in Hampshire County, West Virginia, or refinancing, compare rates from top lenders using the terms each lender provides.
See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
CostByCounty participates in affiliate programs. We may earn a commission when you use our links, at no extra cost to you.