Cost of Living in Mingo County, West Virginia
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Mingo County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Mingo County, West Virginia
Mingo County beats national rent burden
Mingo County's rent-to-income ratio of 18.3% exceeds the national average of 16.9%, but the gap is modest compared to most West Virginia counties. With a median income of $39,527 and rent of $604/month, Mingo offers below-average housing pressure despite below-average earnings.
Lower-middle affordability in West Virginia
Mingo County's 18.3% rent-to-income ratio places it near the state average of 16.9%, making it neither exceptionally burdened nor particularly advantaged. The county's modest rents help offset low incomes, creating middle-tier conditions statewide.
Lowest rents, modest income trade-off
Mingo County's $604/month rent is the lowest among all comparison counties, but median income of $39,527 lags behind most peers except McDowell. This rent advantage keeps affordability ratios competitive despite economic constraints.
Ownership remains more affordable
Renters spend $604/month (18.3% of income), while homeowners allocate $428/month (12.9%)—a $176 monthly advantage for property owners. The median home value of $85,600 reflects Mingo County's lower-cost housing stock across both rental and purchase markets.
Budget-friendly rents, limited income base
Mingo County delivers some of West Virginia's cheapest rents, ideal for those with modest incomes or seeking maximum housing savings. However, prospective residents should investigate employment opportunities carefully, as median income is among the state's lowest.
Affordability Calculator
See how your income compares to housing costs in Mingo County
Rent Burden
18.3%
of gross income
Max Housing (28% Rule)
$922
per month
Owner Cost Burden
13.0%
of gross income
You can likely afford the median home in Mingo County
Median home value is $85,600. Estimated monthly cost: $683 vs. your max of $922.
Rent Affordability Guide
Frequently Asked Questions
What is the cost of living in Mingo County, West Virginia?
What is the median rent in Mingo County?
Is Mingo County affordable?
How does Mingo County's rent compare to the state average?
What is the median home value in Mingo County?
Planning a Move?
Researching the cost of living in Mingo County, West Virginia? Compare moving quotes from top providers and save on your relocation.
Compare Moving QuotesCounties with Similar Housing Costs
Compare Mortgage Rates in Mingo County
Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.
See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.