Cost of Living in Taylor County, West Virginia

$672/mo
Median Monthly Rent
$144,000
Median Home Value

At a Glance

Median Monthly Rent
$672/mo
12% below state average
Median Home Value
$144,000
49% below national
Rent-to-Income Ratio
27.0%
% 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 Taylor County Compares

Median monthly rent comparison

Taylor County$672/mo
West Virginia Average$760/mo
National Median$1,163/mo

Detailed Housing Stats

$672/mo
Median Gross Rent
$144,000
Median Home Value
$602/mo
Monthly Owner Cost
27.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Taylor County ranks #144 of 3,144 counties for affordability (top 5%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Taylor County, West Virginia

Taylor balances modest income with low costs

Taylor County's rent-to-income ratio of 14.2% sits comfortably below the national average of roughly 15%, despite median income of $56,807 remaining 24% below the national median of $74,755. Monthly rent of $672 is genuinely affordable for the region.

Taylor ranks among state's most affordable

At 14.2%, Taylor's rent-to-income ratio is one of West Virginia's best, beating the state average of 16.9%. Median rent of $672 runs just $88 below the state average, making Taylor a solid middle option statewide.

Taylor offers competitive rental pricing

Taylor's $672 rent sits between the bargains of Ritchie ($583) and Roane ($590) and the pricier counties like Raleigh ($847). Homeownership costs of $602 monthly rank reasonable by region standards.

Housing is lean but manageable for income

Renters spend $672 monthly (14.2% of income), while homebuyers pay $602 on properties worth $144,000. This balanced profile leaves substantial income for other expenses while maintaining affordable homeownership paths.

Taylor combines affordability with stability

Taylor County offers among the state's best rent-to-income ratios with a relatively healthy median income of $56,807. It's an attractive relocation choice if you seek affordable housing without sacrificing income potential or community services.

Cost of Living Advisory: Taylor County

Affordability Verdict

Taylor County offers affordable rental housing at a median of $672/month — about 14.2% of the typical household income here.

Rent vs. Own

The median rent in Taylor County is $672/month, while owner costs run $602/month. Owning saves approximately $70/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $26,880/year. For owner costs at the 28% rule, the required income is roughly $25,800/year. With a median household income of $56,807, most households can comfortably afford rent here. Notably, 27.0% of renter households in Taylor County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Taylor County sits 8% less expensive than Lincoln County ($727/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Taylor County

$

Rent Burden

14.2%

of gross income

Max Housing (28% Rule)

$1,325

per month

Owner Cost Burden

12.7%

of gross income

You can likely afford the median home in Taylor County

Median home value is $144,000. Estimated monthly cost: $1,150 vs. your max of $1,325.

Rent Affordability Guide

Your rent-to-income ratio14.2%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $56,807Needed: $26,880
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $56,807Needed: $25,800
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $56,807Needed: $33,513

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 Taylor County, West Virginia?
Taylor County, West Virginia has a median monthly rent of $672/mo and a median home value of $144,000. The affordability rating is Unaffordable, with rent making up approximately 27.0% of median household income.
What is the median rent in Taylor County?
The median gross rent in Taylor County is $672/mo. This is 12% below state average for West Virginia.
Is Taylor County affordable?
Taylor County is rated Unaffordable based on rent-to-income ratio of 27.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Taylor County's rent compare to the state average?
Taylor County's median rent of $672/mo is 12% below state average of $760/mo for West Virginia.
What is the median home value in Taylor County?
The median home value in Taylor County, West Virginia is $144,000. This is 49% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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