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Housing Affordability in Fairmont, WV
Households that spend 30% or more of income on housing, rent and owner costs compared with income. American Community Survey 2020-2024 5-year estimates.
- Households paying 30%+ for housing
- 24.1%
- West Virginia 22.1%
- Renters paying 30%+
- 44.7%
- West Virginia 48.9%
- Homeowners paying 30%+
- 13.3%
- West Virginia 14.6%
- Owner costs with a mortgage
- $1,181/mo
- West Virginia $1,255/mo
Housing costs compared with income
- Renters paying 30% or more1,18044.7%
- Homeowners paying 30% or more66413.3%
- Renters paying 50% or more67225.5%
- Median rent as a share of income: 27.2%
- Median owner costs as a share of income, with a mortgage: 16.4%
- Median owner costs without a mortgage: $472/mo
- Median home value divided by median household income: 2.6
How it compares
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| Area | Households paying 30%+ for housing | Renters 30%+ | Owners 30%+ | Median rent as % of income |
|---|---|---|---|---|
| Fairmont, WV | 24.1% | 44.7% | 13.3% | 27.2% |
| Marion County | 18.8% | 43.7% | 12.2% | 25.7% |
| West Virginia | 22.1% | 48.9% | 14.6% | 29.4% |
| United States | 32.2% | 51.1% | 22.7% | 30.6% |
Frequently asked questions
- What is the housing cost burden in Fairmont, WV?
- In Fairmont, WV, 24.1% of households spend 30% or more of their income on housing costs.
- How does Fairmont compare with West Virginia?
- The households paying 30%+ for housing in Fairmont is 24.1%, compared with 22.1% for West Virginia as a whole.
Source: U.S. Census Bureau, American Community Survey · 2020-2024 5-year estimates