Quick facts: Glenville, WV

Quick Facts

93.9
Cost of Living
below US average
1,092
Population
1.83
Crime Rate per 1000
below US average
$43,690
Median Income
below US average
$175,000
Median House Price
above US average
$1190
Average Rent
below US average
20%
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 $43,690.

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Income Needed to Buy

βœ— Stretch
$55k/year
Based on $175,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $55k vs median $43,690
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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 $43,690
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Glenville, WV

Glenville, West Virginia, is a small town nestled in the picturesque hills of central West Virginia, known for its charming rural landscape and vibrant community. With a population of around 1,400 residents, it serves as the county seat of Gilmer County. The area is rich in natural beauty, featuring dense forests, rivers, and the rolling hills characteristic of the Appalachian region. Glenville is home to Glenville State University, which offers a variety of academic programs and community events, contributing to the town's lively atmosphere. The university also hosts the annual West Virginia State Folk Festival, celebrating the local culture and heritage through music, crafts, and traditional food. Outdoor enthusiasts can explore nearby attractions such as the Little Kanawha River, perfect for fishing and kayaking, as well as the surrounding state parks for hiking and wildlife observation. Glenville's friendly community, combined with its scenic environment and educational opportunities, makes it a quaint and welcoming place to visit or live.

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