Cost of Living in Morgan 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 Morgan County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Morgan County ranks #1,436 of 3,142 counties for affordability (top 46%)
Sourced county brief
Morgan County Median Home Value Reaches $240,600
Median home value in Morgan County was $240,600 during the 2020-2024 period, which is above the West Virginia unweighted county mean of $148,004. Median selected monthly owner costs for all owner-occupied units were $906, compared to the unweighted county mean of $598. The official gross rent as a percentage of household income (GRAPI) was 27.5%, which is 1.2 percentage points below the state unweighted county mean of 28.7%. Median gross rent was $794 per month, while the median income for renter households was $35,368. These figures represent a housing snapshot based on ACS 5-year estimates. 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: Morgan County
Affordability Verdict
ACS B25071 estimates median gross rent at 27.5% of renter household income in Morgan 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 $794 per month; median selected monthly owner costs are $906. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $31,760 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. Morgan County's $794 median is 2.2% above that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Morgan County
Rent Burden
13.2%
of gross income
Max Housing (28% Rule)
$1,684
per month
Owner Cost Burden
15.1%
of gross income
The median home in Morgan County may be a stretch
Median home value is $240,600. Estimated monthly cost: $1,921 vs. your max of $1,684.
Rent Affordability Guide
Income Needed Calculator
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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
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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.
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