Cost of Living in Wood County, West Virginia

$789/mo
Median Monthly Rent
$153,700
Median Home Value
4% above state averageUnaffordable

At a Glance

Median Monthly Rent
$789/mo
4% above state average
Median Home Value
$153,700
45% below national
Rent-to-Income Ratio
30.0%
% 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 Wood County Compares

Median monthly rent comparison

Wood County$789/mo
West Virginia Average$760/mo
National Median$1,163/mo

Detailed Housing Stats

$789/mo
Median Gross Rent
$153,700
Median Home Value
$653/mo
Monthly Owner Cost
30.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Wood County, West Virginia

Wood County achieves state average affordability

Wood's 16.9% rent-to-income ratio exactly matches West Virginia's state average, offering a representative view of the state's typical housing burden. With a $56,193 median household income and $789 monthly rent, Wood demonstrates balanced affordability for a mid-sized county.

Wood mirrors West Virginia's affordability profile

Wood County's 16.9% rent-to-income ratio ties the state average precisely, making it the benchmark for West Virginia renters. The county's median rent of $789 runs $29 above state average, offset by slightly above-average income of $56,193.

Wood balances with Upshur; outpaces Wayne

Wood's $789 rent and 16.9% ratio closely parallel Upshur County ($799, 18.5%), making them regional peers for renters. Both easily beat Wayne's $883 rents while remaining pricier than Wirt ($575) and Wetzel ($703).

Homeownership more burdened than renting

Wood renters dedicate 16.9% of income to rent, while homeowners pay 13.9% of income toward a median owner cost of $653. The median home value of $153,700—the second-highest in this cluster—reflects Wood's more developed housing market and steeper ownership entry costs.

Wood offers typical West Virginia affordability

Relocators seeking a representative West Virginia market should consider Wood County, where rental and ownership costs reflect state-average affordability. The county's median home value and owner costs run higher than rural peers, suggesting it appeals to buyers with stronger income or those seeking urban conveniences.

Affordability Calculator

See how your income compares to housing costs in Wood County

$

Rent Burden

16.8%

of gross income

Max Housing (28% Rule)

$1,311

per month

Owner Cost Burden

13.9%

of gross income

You can likely afford the median home in Wood County

Median home value is $153,700. Estimated monthly cost: $1,227 vs. your max of $1,311.

Rent Affordability Guide

Your rent-to-income ratio16.8%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Wood County, West Virginia?
Wood County, West Virginia has a median monthly rent of $789/mo and a median home value of $153,700. The affordability rating is Unaffordable, with rent making up approximately 30.0% of median household income.
What is the median rent in Wood County?
The median gross rent in Wood County is $789/mo. This is 4% above state average for West Virginia.
Is Wood County affordable?
Wood County is rated Unaffordable based on rent-to-income ratio of 30.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Wood County's rent compare to the state average?
Wood County's median rent of $789/mo is 4% above state average of $760/mo for West Virginia.
What is the median home value in Wood County?
The median home value in Wood County, West Virginia is $153,700. This is 45% 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.