Counties › West Virginia

Cost of Living in Hampshire County, WV

Population 23,465 · Census ACS 2020–2024 5-year estimates

Median rent$720
Median home value$219,200
Median household income$63,116

The median rent in Hampshire County, WV is $720/month, 17% lower than the West Virginia median and 49% lower than the U.S. median. The median home value is $219,200, 34% lower than the national median. Households earn a median of $63,116 a year, 6% higher than the state median.

Affordability

Rent as a share of median income: 13.7%
Income needed for median rent (30% rule): $28,800/yr
Home price-to-income ratio: 3.5×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,108/mo

Run your own numbers: mortgage calculator · hourly to salary

Hampshire County vs. West Virginia vs. U.S.

Hampshire CountyWest VirginiaU.S.
Median rent$720$872$1,413
Median home value$219,200$162,600$332,700
Median household income$63,116$59,608$80,734
Homeownership rate82.7%74.9%65.2%
Bachelor's degree or higher18.3%24.1%35.7%
Poverty rate13.1%16.7%12.5%
Unemployment rate9.0%5.4%5.2%
Work from home9.4%9.1%15.1%
Median age48.542.738.9

FAQ

What is the average rent in Hampshire County, WV?

The median gross rent in Hampshire County, WV is $720 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Hampshire County, WV?

Using the common 30% rule, renting a median-priced home takes about $28,800 a year in gross income.

Is Hampshire County, WV expensive to live in?

Rent there is 49% lower than the U.S. median, and the median home costs about 3.5 times the median household income.

Other counties in West Virginia

Kanawha County, WVRent $906 · Income $60,943Berkeley County, WVRent $1,233 · Income $80,815Monongalia County, WVRent $987 · Income $65,346Cabell County, WVRent $923 · Income $55,832Wood County, WVRent $822 · Income $57,810Raleigh County, WVRent $902 · Income $52,150

Counties with a similar cost of living

Ashland County, WIRent $721 · Income $62,462Montgomery County, ILRent $723 · Income $63,620Starke County, INRent $712 · Income $63,960Perry County, ILRent $728 · Income $62,118Marion County, KSRent $727 · Income $64,695Allen County, KSRent $720 · Income $60,689

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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