Cost of Living in Raleigh County, West Virginia

$847/mo
Median Monthly Rent
$142,600
Median Home Value
11% above state averageUnaffordable

At a Glance

Median Monthly Rent
$847/mo
11% above state average
Median Home Value
$142,600
49% 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 Raleigh County Compares

Median monthly rent comparison

Raleigh County$847/mo
West Virginia Average$760/mo
National Median$1,163/mo

Detailed Housing Stats

$847/mo
Median Gross Rent
$142,600
Median Home Value
$651/mo
Monthly Owner Cost
31.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Raleigh County, West Virginia

Raleigh's rent burden tops national average

Raleigh County residents spend 19.5% of their income on rent, compared to the national average of about 15%. The county's median household income of $52,055 lags 30% behind the national median of $74,755, making housing costs a bigger squeeze for local renters.

Raleigh ranks among state's least affordable

At 19.5%, Raleigh's rent-to-income ratio exceeds West Virginia's state average of 16.9%, placing it among the less affordable counties statewide. Median rent of $847 monthly also runs $87 above the state average, despite lower incomes.

Higher rent than surrounding counties

Raleigh renters pay $847 monthly versus $807 in nearby Randolph County and $583 in Ritchie County. Only Summers County's $922 rent exceeds Raleigh's, making it a pricier option in the region.

Housing takes nearly one-fifth of income

Rent consumes $847 monthly (19.5% of income), while homeownership averages $651 monthly in mortgage costs. A median home value of $142,600 remains accessible compared to national medians, but rental affordability pressures are real.

Compare Raleigh to more affordable peers

If housing costs matter in your relocation decision, consider Ritchie County (13.9% rent-to-income ratio) or Roane County (15.7%), both nearby with significantly lower rental burdens. Raleigh works best for homebuyers; renters may find better value in neighboring counties.

Affordability Calculator

See how your income compares to housing costs in Raleigh County

$

Rent Burden

19.5%

of gross income

Max Housing (28% Rule)

$1,215

per month

Owner Cost Burden

15.0%

of gross income

You can likely afford the median home in Raleigh County

Median home value is $142,600. Estimated monthly cost: $1,138 vs. your max of $1,215.

Rent Affordability Guide

Your rent-to-income ratio19.5%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Raleigh County, West Virginia?
Raleigh County, West Virginia has a median monthly rent of $847/mo and a median home value of $142,600. The affordability rating is Unaffordable, with rent making up approximately 31.0% of median household income.
What is the median rent in Raleigh County?
The median gross rent in Raleigh County is $847/mo. This is 11% above state average for West Virginia.
Is Raleigh County affordable?
Raleigh 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 Raleigh County's rent compare to the state average?
Raleigh County's median rent of $847/mo is 11% above state average of $760/mo for West Virginia.
What is the median home value in Raleigh County?
The median home value in Raleigh County, West Virginia is $142,600. This is 49% 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.