Home/West Virginia/Hancock County

Hancock County Housing Market

West Virginia · 55 counties · Ranked #615 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$119,600

vs national$119,600 vs $281,900 national

Median Gross Rent

$766/mo

vs national$766 vs $1,163 national

Effective Tax Rate

0.63%

vs national0.63% vs 1.02% national

Median Household Income

$61,017

vs national$61,017 vs $74,755 national

Affordability Ratio

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

26.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$752

Tax as % of Home Value

0.63%

Monthly Owner Cost

$592

Renter Income

$34,804

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Frequently Asked Questions

What is the median home value in Hancock County?

The median home value in Hancock County is $119,600. This is below the national median of $281,900.

How much is rent in Hancock County?

The median gross rent in Hancock County is $766 per month.

What is the property tax rate in Hancock County?

The effective property tax rate in Hancock County is 0.63%. The median annual property tax bill is $752.

Is Hancock County affordable?

With a home-value-to-income ratio of 2x, Hancock County is considered affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.