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Rental Insights for ZIP Code 26142 (Davisville, WV)

Housing Rentals in ZIP Code 26142 (Davisville, WV)

26142 ZIP Code in West Virginia

A Detailed Snapshot of Renters in the ZIP Code 26142

The 26142 ZIP Code is predominantly located in Davisville, WV in Wood County. This region of West Virginia has a median housing rent payment of $713 per month. Approximately 16.6% of housing units in this Wood County ZIP Code are renter-occupied, and the region has an estimated rental vacancy rate of zero.

The median rent in ZIP Code 26142 of $713 per month is 2% lower than the aggregate West Virginia median monthly rent of $725, and is 33% lower than the $1,062 the median monthly rent in the U.S. overall. About 100.0% of residents in ZIP Code 26142 pay between $500 and $999 per month for rent. That is 69% higher than in West Virginia overall, in which 59.0% of total state residents pay between $500 and $999 per month for housing.

ZIP Code 26142 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 26142

See the chart below for a comparison of monthly rental costs in ZIP Code 26142, West Virginia, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 26142 along with those in the state of West Virginia and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 26142

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 26142 West Virginia U.S.
Less than $500 0.0% 21.4% 9.4%
$500 to $999 100.0% 59.0% 36.2%
$1,000 to $1,499 0.0% 15.8% 30.0%
$1,500 to $1,999 0.0% 2.7% 14.0%
$2,000 to $2,499 0.0% 0.7% 5.6%
$2,500 to $2,999 0.0% 0.2% 2.4%
$3,000 or more 0.0% 0.1% 2.4%

Rent Cost vs. Income in ZIP Code 26142

Renters in ZIP Code 26142 use an estimated 28.07% of their income to cover their monthly rent payments. That is about 3% lower than in West Virginia overall. The estimate for West Virginia overall is 28.89% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 26142 renters use about 6% less of their income to cover rent expense. Household income figures for ZIP Code 26142 come in higher than in West Virginia as a whole. The median annual household income in ZIP Code 26142 of $54,181 sits approximately 16% higher than the overall West Virginia median income of $46,711 and approximately 14% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 26142

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 26142, West Virginia, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 26142 along with the same calculations in the state of West Virginia and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 26142

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 26142 West Virginia U.S.
Less than 15.0 percent 19.2% 17.0% 13.1%
15.0 to 19.9 percent 0.0% 12.3% 12.9%
20.0 to 24.9 percent 20.0% 11.9% 12.9%
25.0 to 29.9 percent 0.0% 11.4% 11.6%
30.0 to 34.9 percent 41.5% 8.8% 9.1%
35.0 percent or more 19.2% 38.5% 40.5%

Household Income in ZIP Code 26142

See the table below for the regional comparison of annual household income in ZIP Code 26142.

Income ZIP 26142 West Virginia U.S.
Less than $10,000 8.1% 8.7% 6.0%
$10,000 to $14,999 0.0% 6.0% 4.3%
$15,000 to $24,999 20.5% 12.6% 8.9%
$25,000 to $34,999 12.7% 11.2% 8.9%
$35,000 to $49,999 4.8% 14.3% 12.3%
$50,000 to $74,999 25.9% 17.7% 17.2%
$75,000 to $99,999 7.0% 11.4% 12.7%
$100,000 to $149,999 14.4% 11.4% 15.1%
$150,000 to $199,999 1.2% 3.6% 6.8%
$200,000 or more 5.4% 3.0% 7.7%

Household Income in ZIP Code 26142

See the chart below for a comparison of annual household income figures in ZIP Code 26142, West Virginia, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 26142 alongside the same figures for the state of West Virginia and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 26142

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 26142.

ZIP 26142 West Virginia U.S.
Median Housing Rent $713 $725 $1,062
Renter-Occupied Housing Units 16.6% 26.8% 36.0%
Rental Vacancy Rate 0.0% 7.3% 6.0%
Average Size of Renter-Occupied Unit 1.93 2.28 2.49
Average # of Bedrooms Per Unit 3.09 2.74 2.75
Percent of Income Spent on Rent 28.07% 28.89% 29.83%
Per Capita Income $32,058 $26,480 $34,103
Median Household Income $77,076 $63,680 $88,607
Living Below the Poverty Line 9.2% 12.7% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 26142

In ZIP Code 26142 (Davisville, WV), and estimated 16.6% of housing units are occupied by renters. This region has an approximate rental vacany rate of 0.0%.

The per capita income in 26142 is estimated at $32,058, which goes along with an estimated median household income of $77,076. About 9.2% of residents in this Wood County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 1.93 occupants, while the units have an aggregate average size of 3.09 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 28.07% of their income on housing rental costs.

Rental FAQs for ZIP Code 26142

1

What is the median monthly rent in ZIP Code 26142?

Median rent for housing in ZIP Code 26142 in Wood County in West Virginia is approximately $713 per month.
2

Is it expensive to rent in ZIP Code 26142?

Rent in ZIP Code 26142 is lower than average in the state of West Virginia overall. The median monthly rent of $713 in ZIP Code 26142 is approximately 2% lower than the West Virginia median of $725. Additionally, median rent in this Davisville, WV region ($713) is about 33% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 26142?

High-priced rentals are not common in the Davisville, WV ZIP Code of 26142, as the region has no rentals costing $3,000 or more per month. In contrast, in the state of West Virginia overall, approximately 0.1% of rentals fall in this upper tier of $3,000 or more per month.
4

Are affordable rentals common in ZIP Code 26142?

Affordable rentals are more common in ZIP Code 26142 than in West Virginia overall. The percentage of housing rentals in ZIP Code 26142 costing $999 or less per month (100%) is approximately 24% higher than the West Virginia rate of 80.4% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 119% lower than the previously mentioned 26142 rate of 100%.
5

What is the most common cost range that rentals fall into in ZIP Code 26142?

The most common range for rental cost in ZIP Code 26142 is between $500 and $999 per month. About 100.0% of renters in 26142 pay in this range for monthly rent. In comparison, approximately 59.0% of renters in the state of West Virginia fall in the between $500 and $999 range, and 36.2% of overall U.S. renters fall in this range.
6

Does ZIP Code 26142 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 26142 is lower than the rental vacancy rate in the state of West Virginia overall. Rental vacancy of 0.0% in ZIP Code 26142 is about 100% lower than the West Virginia rate of 7.3%. Looking more broadly, rental vacancy in this Davisville, WV region (0.0%) is an estimated 100% lower than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 26142? How does it compare to other West Virginia regions?

Median household income in ZIP Code 26142 is higher than in the state of West Virginia overall. Annual household income of $54,181 in ZIP Code 26142 is about 16% higher than the West Virginia median of $46,711. Additionally, median household income in this Davisville, WV region ($54,181) is approximately 14% lower than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 26142 spend on housing costs?

Renters in ZIP Code 26142 spend a lower amount of their income on rent costs than do renters in West Virginia overall. Renters in ZIP Code 26142 spend an estimated 28.07% of their income on rent payments, which is about 3% lower than the overall West Virginia estimated rate of 28.89%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 6% higher than the ZIP Code 26142 estimated rate of 28.07%.
9

Do renters in ZIP Code 26142 typically spend a large portion of their income on rent payments?

It is common for renters in ZIP Code 26142 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 26142 spending 30 percent or more of their income on rent costs (60.7%) is approximately 28% higher than the West Virginia rate of 47.3% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 22% lower than the aforementioned 26142 rate of 60.7%.
10

What is the average household size of renter-occupied units in ZIP Code 26142?

The average household size of renter-occupied units in ZIP Code 26142 is lower than in the state of West Virginia overall. Annual household size of 1.93 in ZIP Code 26142 is about 15% lower than the West Virginia median of 2.28. Additionally, median household size in this Davisville, WV region (1.93) is approximately 22% lower than median household size of 2.49 in the U.S. as a whole.