Counties › West Virginia

Cost of Living in Morgan County, WV

Population 17,426 · Census ACS 2020–2024 5-year estimates

Median rent$794
Median home value$240,600
Median household income$72,179

The median rent in Morgan County, WV is $794/month, 9% lower than the West Virginia median and 44% lower than the U.S. median. The median home value is $240,600, 28% lower than the national median. Households earn a median of $72,179 a year, 21% higher than the state median.

Affordability

Rent as a share of median income: 13.2%
Income needed for median rent (30% rule): $31,760/yr
Home price-to-income ratio: 3.3×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,217/mo

Run your own numbers: mortgage calculator · hourly to salary

Morgan County vs. West Virginia vs. U.S.

Morgan CountyWest VirginiaU.S.
Median rent$794$872$1,413
Median home value$240,600$162,600$332,700
Median household income$72,179$59,608$80,734
Homeownership rate84.1%74.9%65.2%
Bachelor's degree or higher18.0%24.1%35.7%
Poverty rate11.2%16.7%12.5%
Unemployment rate3.9%5.4%5.2%
Work from home8.6%9.1%15.1%
Median age48.842.738.9

FAQ

What is the average rent in Morgan County, WV?

The median gross rent in Morgan County, WV is $794 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $31,760 a year in gross income.

Is Morgan County, WV expensive to live in?

Rent there is 44% lower than the U.S. median, and the median home costs about 3.3 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

Roane County, TNRent $785 · Income $71,885Grant County, ARRent $788 · Income $71,549Moultrie County, ILRent $804 · Income $71,784Mahaska County, IARent $793 · Income $70,940Robertson County, TXRent $779 · Income $72,236Webster County, MORent $789 · Income $71,155

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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