CostBy County

Cost of Living in Wood County, West Virginia

$822/mo
Median Monthly Rent
$158,500
Median Home Value

At a Glance

Median Monthly Rent
$822/mo
6% above state average
Median Home Value
$158,500
52% below national
Census GRAPI
29.5%
Median gross rent as % of renter income

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Affordable
Median gross rent is under 30% of renter household income

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 Wood County Compares

Median monthly rent comparison

Wood County$822/mo
West Virginia Average$777/mo
National Median$1,413/mo

Detailed Housing Stats

$822/mo
Median Gross Rent
$158,500
Median Home Value
$666/mo
Monthly Owner Cost
29.5%
Census GRAPI

National Ranking

Affordability Rank

Wood County ranks #883 of 3,142 counties for affordability (top 28%)

Most AffordableLeast Affordable

Sourced county brief

Wood County Median Owner Costs Reach $666 Monthly

Median selected monthly owner costs for all owner-occupied units in Wood County were $666, which is $68 above the West Virginia unweighted county mean of $598. The median home value in the county was $158,500. For renters, the median gross rent was $822 per month. The official GRAPI was 29.5%, which represents the median gross rent as a percentage of household income. This official B25071 figure is 0.8 percentage points above the state unweighted county mean of 28.7%. The median renter-household income was $32,362. Statistics are drawn from the U.S. Census Bureau ACS 2020-2024 5-Year Estimates. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Wood County

Affordability Verdict

ACS B25071 estimates median gross rent at 29.5% of renter household income in Wood 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 $822 per month; median selected monthly owner costs are $666. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $32,880 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. Wood County's $822 median is 5.8% above that comparison value.

Data version acs5-2020-2024 · Method cost-advisory-v2

Affordability Calculator

See how your income compares to housing costs in Wood County

$

Rent Burden

17.1%

of gross income

Max Housing (28% Rule)

$1,349

per month

Owner Cost Burden

13.8%

of gross income

You can likely afford the median home in Wood County

Median home value is $158,500. Estimated monthly cost: $1,265 vs. your max of $1,349.

Rent Affordability Guide

Your entered rent as a share of entered income17.1%
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: $57,810Needed: $32,880
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $57,810Needed: $28,543
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $57,810Needed: $36,887

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 Wood County, West Virginia?
Wood County, West Virginia has a median monthly rent of $822/mo and a median home value of $158,500. The affordability rating is Affordable, with median gross rent equal to approximately 29.5% of renter household income.
What is the median rent in Wood County?
The median gross rent in Wood County is $822/mo. This is 6% above state average for West Virginia.
Is Wood County affordable?
Wood County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 29.5%. Median gross rent is under 30% of renter household income.
How does Wood County's rent compare to the state average?
Wood County's median rent of $822/mo is 6% above state average of $777/mo for West Virginia.
What is the median home value in Wood County?
The median home value in Wood County, West Virginia is $158,500. This is 52% below the national median home value of $332,700.

Counties with Similar Housing Costs

Sponsored

Planning a Move?

Researching the cost of living in Wood County, West Virginia? Compare moving quotes from top providers and save on your relocation.

Compare Moving Quotes
Sponsored

Compare Mortgage Rates in Wood County

Whether you're buying in Wood County, West Virginia, or refinancing, compare rates from top lenders using the terms each lender provides.

See Today's Rates
Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.

CostByCounty participates in affiliate programs. We may earn a commission when you use our links, at no extra cost to you.