Quick facts: Dunbar, WV

Quick Facts

93.9
Cost of Living
below US average
7,203
Population
34.43
Crime Rate per 1000
above US average
$48,396
Median Income
below US average
$119,000
Median House Price
above US average
$1190
Average Rent
below US average
Poverty rate Data is updating, will be available soon
Unemployment Data is updating, will be available soon

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 $48,396.

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Income Needed to Buy

βœ“ Affordable
$37k/year
Based on $119,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($48,396) exceeds requirement
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Income Needed to Rent

⚠ Stretch
$51k/year
Based on $1190/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $51k vs median $48,396
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Dunbar, WV

Dunbar is a small city located in Kanawha County, West Virginia, with a population of around 7,000 residents. Nestled along the banks of the Kanawha River, Dunbar is part of the Charleston metropolitan area and is known for its close-knit community vibe and natural beauty. The city features a mix of residential neighborhoods, local businesses, and parks. One of the highlights is the Dunbar Park, which offers recreational facilities, including sports fields and playgrounds, providing a great space for families and outdoor enthusiasts. Dunbar is conveniently located near Interstate 64, making it easy to access nearby larger cities such as Charleston. The area reflects the charm of a small town while benefiting from the amenities and services of the larger metropolitan area. Residents enjoy a range of local events, and the community embodies the spirit of West Virginia, with a strong emphasis on family values and local culture. The educational system caters to the needs of families, and the city’s location provides opportunities for both work and leisure activities.

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