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Rental Insights for ZIP Code 26431 (Shinnston, WV)

Housing Rentals in ZIP Code 26431 (Shinnston, WV)

26431 ZIP Code in West Virginia

A Detailed Snapshot of Renters in the ZIP Code 26431

The 26431 ZIP Code is predominantly located in Shinnston, WV in Harrison County. This region of West Virginia has a median housing rent payment of $693 per month. About 21.2% of housing units in the region are renter-occupied, and this Harrison County ZIP Code has an approximate rental vacancy rate of 14.6%.

The median rent in ZIP Code 26431 of $693 per month is 4% lower than the aggregate West Virginia median monthly rent of $725, and is 35% lower than the $1,062 the median monthly rent in the U.S. overall. An estimated 66.6% of renters in ZIP Code 26431 pay between $500 and $999 per month for housing. That is 13% 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 26431 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 26431

See the chart below for a comparison of monthly rental costs in ZIP Code 26431, West Virginia, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 26431 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 26431

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

Cost ZIP 26431 West Virginia U.S.
Less than $500 28.0% 21.4% 9.4%
$500 to $999 66.6% 59.0% 36.2%
$1,000 to $1,499 5.4% 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 26431

Renters in ZIP Code 26431 use an estimated 30.98% of their income to cover their monthly rent payments. That is about 7% higher 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 26431 renters use about 4% more of their income to cover rent expense. Household income figures for ZIP Code 26431 come in higher than in West Virginia as a whole. The median annual household income in ZIP Code 26431 of $47,351 sits approximately 1% higher than the overall West Virginia median income of $46,711 and approximately 25% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 26431

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 26431, 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 26431 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 26431

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

Rent Cost as % of Income ZIP 26431 West Virginia U.S.
Less than 15.0 percent 4.4% 17.0% 13.1%
15.0 to 19.9 percent 19.7% 12.3% 12.9%
20.0 to 24.9 percent 6.6% 11.9% 12.9%
25.0 to 29.9 percent 15.0% 11.4% 11.6%
30.0 to 34.9 percent 16.0% 8.8% 9.1%
35.0 percent or more 38.3% 38.5% 40.5%

Household Income in ZIP Code 26431

See the table below for the regional comparison of annual household income in ZIP Code 26431.

Income ZIP 26431 West Virginia U.S.
Less than $10,000 6.0% 8.7% 6.0%
$10,000 to $14,999 4.6% 6.0% 4.3%
$15,000 to $24,999 15.1% 12.6% 8.9%
$25,000 to $34,999 15.3% 11.2% 8.9%
$35,000 to $49,999 11.7% 14.3% 12.3%
$50,000 to $74,999 18.8% 17.7% 17.2%
$75,000 to $99,999 14.8% 11.4% 12.7%
$100,000 to $149,999 9.1% 11.4% 15.1%
$150,000 to $199,999 3.2% 3.6% 6.8%
$200,000 or more 1.3% 3.0% 7.7%

Household Income in ZIP Code 26431

See the chart below for a comparison of annual household income figures in ZIP Code 26431, West Virginia, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 26431 alongside the same figures for the state of West Virginia and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 26431

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 26431.

ZIP 26431 West Virginia U.S.
Median Housing Rent $693 $725 $1,062
Renter-Occupied Housing Units 21.2% 26.8% 36.0%
Rental Vacancy Rate 14.6% 7.3% 6.0%
Average Size of Renter-Occupied Unit 2.02 2.28 2.49
Average # of Bedrooms Per Unit 2.6 2.74 2.75
Percent of Income Spent on Rent 30.98% 28.89% 29.83%
Per Capita Income $25,807 $26,480 $34,103
Median Household Income $57,144 $63,680 $88,607
Living Below the Poverty Line 11.1% 12.7% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 26431

In ZIP Code 26431 (Shinnston, WV), and estimated 21.2% of housing units are occupied by renters. This region has an approximate rental vacany rate of 14.6%.

The per capita income in 26431 is estimated at $25,807, which goes along with an estimated median household income of $57,144. About 11.1% of residents in this Harrison County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.02 occupants, while the units have an aggregate average size of 2.6 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 30.98% of their income on housing rental costs.

Rental FAQs for ZIP Code 26431

1

What is the median monthly rent in ZIP Code 26431?

Median rent for housing in ZIP Code 26431 in Harrison County in West Virginia is approximately $693 per month.
2

Is it expensive to rent in ZIP Code 26431?

Rent in ZIP Code 26431 is lower than average in the state of West Virginia overall. The median monthly rent of $693 in ZIP Code 26431 is approximately 4% lower than the West Virginia median of $725. Additionally, median rent in this Shinnston, WV region ($693) is about 35% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 26431?

High-priced rentals are not common in the Shinnston, WV ZIP Code of 26431, 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 26431?

Affordable rentals are more common in ZIP Code 26431 than in West Virginia overall. The percentage of housing rentals in ZIP Code 26431 costing $999 or less per month (94.6%) is approximately 18% 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 107% lower than the previously mentioned 26431 rate of 94.6%.
5

What is the most common cost range that rentals fall into in ZIP Code 26431?

The most common range for rental cost in ZIP Code 26431 is between $500 and $999 per month. About 66.6% of renters in 26431 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 26431 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 26431 is higher than the rental vacancy rate in the state of West Virginia overall. Rental vacancy of 14.6% in ZIP Code 26431 is about 100% higher than the West Virginia rate of 7.3%. Looking more broadly, rental vacancy in this Shinnston, WV region (14.6%) is an estimated 143% higher than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 26431? How does it compare to other West Virginia regions?

Median household income in ZIP Code 26431 is higher than in the state of West Virginia overall. Annual household income of $47,351 in ZIP Code 26431 is about 1% higher than the West Virginia median of $46,711. Additionally, median household income in this Shinnston, WV region ($47,351) is approximately 25% 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 26431 spend on housing costs?

Renters in ZIP Code 26431 spend a higher amount of their income on rent costs than do renters in West Virginia overall. Renters in ZIP Code 26431 spend an estimated 30.98% of their income on rent payments, which is about 7% higher 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 4% lower than the ZIP Code 26431 estimated rate of 30.98%.
9

Do renters in ZIP Code 26431 typically spend a large portion of their income on rent payments?

It is common for renters in ZIP Code 26431 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 26431 spending 30 percent or more of their income on rent costs (54.3%) is approximately 15% 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 9% lower than the aforementioned 26431 rate of 54.3%.
10

What is the average household size of renter-occupied units in ZIP Code 26431?

The average household size of renter-occupied units in ZIP Code 26431 is lower than in the state of West Virginia overall. Annual household size of 2.02 in ZIP Code 26431 is about 11% lower than the West Virginia median of 2.28. Additionally, median household size in this Shinnston, WV region (2.02) is approximately 19% lower than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other West Virginia ZIP Codes