Quick facts: Lashmeet, WV

Quick Facts

93.9
Cost of Living
below US average
704
Population
7.1
Crime Rate per 1000
below US average
$43,701
Median Income
below US average
$120,000
Median House Price
above US average
$1190
Average Rent
below US average
Poverty rate Data is updating, will be available soon
4.0%
Unemployment Rate
below 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 $43,701.

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Income Needed to Buy

βœ“ Affordable
$38k/year
Based on $120,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($43,701) 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 $43,701
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Lashmeet, WV

Lashmeet is a small unincorporated community located in Mercer County, West Virginia. Nestled in the Appalachian region, it offers a serene rural environment characterized by rolling hills and picturesque landscapes. The area is known for its close-knit community, with a population that reflects the local heritage and traditions. While Lashmeet is primarily residential, it's conveniently situated near larger towns, providing easy access to essential services and amenities. Outdoor enthusiasts can enjoy the natural beauty of the surrounding region, with opportunities for hiking, fishing, and exploring the rich biodiversity of the Appalachian Mountains. The community's charm lies in its tranquility and the friendly atmosphere that welcomes visitors and residents alike. Overall, Lashmeet serves as a quaint retreat for those looking to experience the simplicity and beauty of West Virginia's countryside.

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