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Rental Insights for ZIP Code 26711 (Capon Bridge, WV)

Housing Rentals in ZIP Code 26711 (Capon Bridge, WV)

26711 ZIP Code in West Virginia

A Detailed Snapshot of Renters in the ZIP Code 26711

The 26711 ZIP Code is predominantly located in Capon Bridge, WV in Hampshire County. This region of West Virginia has a median housing rent payment of $942 per month. Approximately 22.6% of housing units in this Hampshire County ZIP Code are occupied by renters, while the region has an estimated rental unit vacancy rate of 5.5%.

The median rent in ZIP Code 26711 of $942 per month is 30% higher than the aggregate West Virginia median monthly rent of $725, and is 11% lower than the $1,062 the median monthly rent in the U.S. overall. Approximately 57.1% of renters in ZIP Code 26711 pay between $500 and $999 per month for housing. That is 3% lower than in West Virginia overall, in which 59.0% of total state residents pay between $500 and $999 per month for housing. Only 11.2% of renters in this Capon Bridge, WV region pay between $1,500 and $1,999 per month for rent.

ZIP Code 26711 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 26711

See the chart below for a comparison of monthly rental costs in ZIP Code 26711, West Virginia, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 26711 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 26711

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

Cost ZIP 26711 West Virginia U.S.
Less than $500 0.0% 21.4% 9.4%
$500 to $999 57.1% 59.0% 36.2%
$1,000 to $1,499 31.6% 15.8% 30.0%
$1,500 to $1,999 11.2% 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 26711

Renters in ZIP Code 26711 use an estimated 32.18% of their income to cover their monthly rent payments. That is about 11% 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 26711 renters use about 8% more of their income to cover rent expense. Household income figures for ZIP Code 26711 come in higher than in West Virginia as a whole. The median annual household income in ZIP Code 26711 of $49,846 sits approximately 7% higher than the overall West Virginia median income of $46,711 and approximately 21% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 26711

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 26711, 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 26711 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 26711

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

Rent Cost as % of Income ZIP 26711 West Virginia U.S.
Less than 15.0 percent 2.6% 17.0% 13.1%
15.0 to 19.9 percent 17.3% 12.3% 12.9%
20.0 to 24.9 percent 4.6% 11.9% 12.9%
25.0 to 29.9 percent 25.5% 11.4% 11.6%
30.0 to 34.9 percent 4.1% 8.8% 9.1%
35.0 percent or more 45.9% 38.5% 40.5%

Household Income in ZIP Code 26711

See the table below for the regional comparison of annual household income in ZIP Code 26711.

Income ZIP 26711 West Virginia U.S.
Less than $10,000 3.9% 8.7% 6.0%
$10,000 to $14,999 3.9% 6.0% 4.3%
$15,000 to $24,999 12.4% 12.6% 8.9%
$25,000 to $34,999 14.7% 11.2% 8.9%
$35,000 to $49,999 15.5% 14.3% 12.3%
$50,000 to $74,999 13.9% 17.7% 17.2%
$75,000 to $99,999 13.4% 11.4% 12.7%
$100,000 to $149,999 19.4% 11.4% 15.1%
$150,000 to $199,999 2.9% 3.6% 6.8%
$200,000 or more 0.0% 3.0% 7.7%

Household Income in ZIP Code 26711

See the chart below for a comparison of annual household income figures in ZIP Code 26711, West Virginia, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 26711 alongside the same figures for the state of West Virginia and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 26711

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 26711.

ZIP 26711 West Virginia U.S.
Median Housing Rent $942 $725 $1,062
Renter-Occupied Housing Units 22.6% 26.8% 36.0%
Rental Vacancy Rate 5.5% 7.3% 6.0%
Average Size of Renter-Occupied Unit 2.22 2.28 2.49
Average # of Bedrooms Per Unit 2.86 2.74 2.75
Percent of Income Spent on Rent 32.18% 28.89% 29.83%
Per Capita Income $24,596 $26,480 $34,103
Median Household Income $62,521 $63,680 $88,607
Living Below the Poverty Line 12.4% 12.7% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 26711

In ZIP Code 26711 (Capon Bridge, WV), and estimated 22.6% of housing units are occupied by renters. This region has an approximate rental vacany rate of 5.5%.

The per capita income in 26711 is estimated at $24,596, which goes along with an estimated median household income of $62,521. About 12.4% of residents in this Hampshire County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.22 occupants, while the units have an aggregate average size of 2.86 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 32.18% of their income on housing rental costs.

Rental FAQs for ZIP Code 26711

1

What is the median monthly rent in ZIP Code 26711?

Median rent for housing in ZIP Code 26711 in Hampshire County in West Virginia is approximately $942 per month.
2

Is it expensive to rent in ZIP Code 26711?

Rent in ZIP Code 26711 is higher than average in the state of West Virginia overall. The median monthly rent of $942 in ZIP Code 26711 is approximately 30% higher than the West Virginia median of $725. Additionally, median rent in this Capon Bridge, WV region ($942) is about 11% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 26711?

High-priced rentals are not common in the Capon Bridge, WV ZIP Code of 26711, 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 26711?

Affordable rentals are less common in ZIP Code 26711 than in West Virginia overall. The percentage of housing rentals in ZIP Code 26711 costing $999 or less per month (57.1%) is approximately 29% lower 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 25% lower than the previously mentioned 26711 rate of 57.1%.
5

What is the most common cost range that rentals fall into in ZIP Code 26711?

The most common range for rental cost in ZIP Code 26711 is between $500 and $999 per month. About 57.1% of renters in 26711 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 26711 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 26711 is lower than the rental vacancy rate in the state of West Virginia overall. Rental vacancy of 5.5% in ZIP Code 26711 is about 25% lower than the West Virginia rate of 7.3%. Looking more broadly, rental vacancy in this Capon Bridge, WV region (5.5%) is an estimated 8% 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 26711? How does it compare to other West Virginia regions?

Median household income in ZIP Code 26711 is higher than in the state of West Virginia overall. Annual household income of $49,846 in ZIP Code 26711 is about 7% higher than the West Virginia median of $46,711. Additionally, median household income in this Capon Bridge, WV region ($49,846) is approximately 21% 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 26711 spend on housing costs?

Renters in ZIP Code 26711 spend a higher amount of their income on rent costs than do renters in West Virginia overall. Renters in ZIP Code 26711 spend an estimated 32.18% of their income on rent payments, which is about 11% 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 8% lower than the ZIP Code 26711 estimated rate of 32.18%.
9

Do renters in ZIP Code 26711 typically spend a large portion of their income on rent payments?

It is common for renters in ZIP Code 26711 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 26711 spending 30 percent or more of their income on rent costs (50%) is approximately 6% 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 1% lower than the aforementioned 26711 rate of 50%.
10

What is the average household size of renter-occupied units in ZIP Code 26711?

The average household size of renter-occupied units in ZIP Code 26711 is lower than in the state of West Virginia overall. Annual household size of 2.22 in ZIP Code 26711 is about 3% lower than the West Virginia median of 2.28. Additionally, median household size in this Capon Bridge, WV region (2.22) is approximately 11% lower than median household size of 2.49 in the U.S. as a whole.