Quick facts: Barboursville, WV

Quick Facts

93.9
Cost of Living
below US average
4,382
Population
20.77
Crime Rate per 1000
below US average
$61,236
Median Income
below US average
$45,000
Median House Price
above US average
$2072.5
Average Rent
above US average
10%
Poverty Rate
below US average
4.5%
Unemployment Rate
above US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $61,236.

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Income Needed to Buy

βœ“ Affordable
$14k/year
Based on $45,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($61,236) exceeds requirement
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Income Needed to Rent

⚠ Stretch
$89k/year
Based on $2072.5/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $89k vs median $61,236
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Barboursville, WV

Barboursville is a charming village located in Cabell County, West Virginia, situated just southwest of Huntington. As part of the Huntington-Ashland Metropolitan Statistical Area, Barboursville boasts a blend of small-town charm and modern conveniences. The village is known for its inviting community atmosphere, vibrant parks, and local shops. One of Barboursville's highlights is the Barboursville Park, an expansive area offering various recreational activities, including walking trails, sports fields, and a beautiful pavilion. The park is a hub for community events and festivals, making it a gathering place for residents throughout the year. The area is also known for its rich history, with several historical landmarks and sites that reflect its heritage. The local economy is supported by a mix of retail, service industries, and light manufacturing. Barboursville is easily accessible via Interstate 64, providing a convenient connection to larger metropolitan areas while maintaining its quaint, suburban feel. With a close-knit community, beautiful landscapes, and a variety of local amenities, Barboursville is an appealing place to live and visit.

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