Home/West Virginia/Nicholas County

Nicholas County Housing Market

West Virginia · 55 counties · Ranked #507 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$114,200

vs national$114,200 vs $281,900 national

Median Gross Rent

$669/mo

vs national$669 vs $1,163 national

Effective Tax Rate

0.48%

vs national0.48% vs 1.02% national

Median Household Income

$49,280

vs national$49,280 vs $74,755 national

Affordability Ratio

2.3x

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

Rent Burden

26.0%

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

More Housing Data

Property Tax (Median)

$550

Tax as % of Home Value

0.48%

Monthly Owner Cost

$525

Renter Income

$26,604

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Frequently Asked Questions

What is the median home value in Nicholas County?

The median home value in Nicholas County is $114,200. This is below the national median of $281,900.

How much is rent in Nicholas County?

The median gross rent in Nicholas County is $669 per month.

What is the property tax rate in Nicholas County?

The effective property tax rate in Nicholas County is 0.48%. The median annual property tax bill is $550.

Is Nicholas County affordable?

With a home-value-to-income ratio of 2.3x, Nicholas 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.