Quick facts: Cottageville, WV

Quick Facts

93.9
Cost of Living
below US average
571
Population
17.51
Crime Rate per 1000
below US average
$60,000
Median Income
below US average
$90,000
Median House Price
above US average
$2000.0
Average Rent
above US average
15%
Poverty Rate
above US average
5.0%
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 $60,000.

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Income Needed to Buy

βœ“ Affordable
$28k/year
Based on $90,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($60,000) exceeds requirement
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Income Needed to Rent

⚠ Stretch
$86k/year
Based on $2000.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $86k vs median $60,000
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Cottageville, WV

Cottageville is a small town located in Jackson County, West Virginia. Nestled within the scenic hills of Appalachia, it has a quaint rural charm with a close-knit community. The town covers a modest area and offers a peaceful, serene environment conducive to outdoor activities. Residents and visitors enjoy the beautiful landscapes and natural resources of the region, including nearby rivers and forests, which are perfect for hiking, fishing, and other recreational pursuits. Cottageville's population is small, fostering a friendly atmosphere where neighbors often know one another. The local economy is primarily driven by agriculture and small businesses, reflecting the traditional West Virginian way of life. While the town offers limited amenities, nearby larger towns provide access to more services, shopping, and dining options. With a strong sense of community and rich local culture, Cottageville is an ideal place for those who appreciate tranquility and the beauty of nature. Its proximity to larger cities also allows for easy access to urban conveniences while maintaining the peacefulness of small-town living.

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