Cost of Living in Mercer County, West Virginia

$813/mo
Median Monthly Rent
$118,600
Median Home Value
7% above state averageUnaffordable

At a Glance

Median Monthly Rent
$813/mo
7% above state average
Median Home Value
$118,600
58% below national
Rent-to-Income Ratio
31.0%
% 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 Mercer County Compares

Median monthly rent comparison

Mercer County$813/mo
West Virginia Average$760/mo
National Median$1,163/mo

Detailed Housing Stats

$813/mo
Median Gross Rent
$118,600
Median Home Value
$516/mo
Monthly Owner Cost
31.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Mercer County, West Virginia

Mercer County rents exceed national norms

Mercer County's rent-to-income ratio of 20.4% surpasses the national average of 16.9% by more than 200 basis points, signaling above-average housing stress. With a median income of $47,799 and median rent of $813/month, Mercer renters spend significantly more of their paychecks on housing than typical American households.

Above average burden for West Virginia

Mercer County's 20.4% rent-to-income ratio places it in the upper tier of burden among West Virginia counties, worse than the state average of 16.9%. The combination of below-average income and above-average rents creates a particularly tough affordability squeeze for local renters.

Priciest rents, tightest income stretch

Mercer County's $813/month rent ties with Marshall County but exceeds nearby Mingo ($604) by $209 and Mason ($654) by $159, yet local incomes lag most neighbors. This unfavorable ratio makes Mercer County among the least desirable for renters seeking value in the southern region.

Rent demands more than ownership

Renters carry a $813/month burden (20.4% of income), while homeowners allocate $516/month (12.9%)—a $297 monthly gap that highlights the rental disadvantage. The median home value of $118,600 suggests ownership remains more affordable than renting for those with down-payment capacity.

Compare carefully before settling

Mercer County's combination of high rents and modest incomes makes it one of West Virginia's tougher housing markets—renters should explore nearby Mason or Mingo counties for better value. If considering relocation here, ensure job prospects justify the above-average cost of living.

Affordability Calculator

See how your income compares to housing costs in Mercer County

$

Rent Burden

20.4%

of gross income

Max Housing (28% Rule)

$1,115

per month

Owner Cost Burden

13.0%

of gross income

You can likely afford the median home in Mercer County

Median home value is $118,600. Estimated monthly cost: $947 vs. your max of $1,115.

Rent Affordability Guide

Your rent-to-income ratio20.4%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Mercer County, West Virginia?
Mercer County, West Virginia has a median monthly rent of $813/mo and a median home value of $118,600. The affordability rating is Unaffordable, with rent making up approximately 31.0% of median household income.
What is the median rent in Mercer County?
The median gross rent in Mercer County is $813/mo. This is 7% above state average for West Virginia.
Is Mercer County affordable?
Mercer County is rated Unaffordable based on rent-to-income ratio of 31.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Mercer County's rent compare to the state average?
Mercer County's median rent of $813/mo is 7% above state average of $760/mo for West Virginia.
What is the median home value in Mercer County?
The median home value in Mercer County, West Virginia is $118,600. This is 58% 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.