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Rental Insights for ZIP Code 26750 (Piedmont, WV)

Housing Rentals in ZIP Code 26750 (Piedmont, WV)

26750 ZIP Code in West Virginia

A Detailed Snapshot of Renters in the ZIP Code 26750

The 26750 ZIP Code is predominantly located in Piedmont, WV in Mineral County. This region of West Virginia has a median housing rent payment of $457 per month. Approximately 50.9% of housing units in this Mineral County ZIP Code are occupied by renters, while the region has an estimated rental unit vacancy rate of 6.7%.

The median rent in ZIP Code 26750 of $457 per month is 37% lower than the aggregate West Virginia median monthly rent of $725, and is 57% lower than the $1,062 the median monthly rent in the U.S. overall. About 58.4% of renters in ZIP Code 26750 pay less than $500 per month for housing. That is 173% higher than in West Virginia overall, in which 21.4% of total state residents pay less than $500 per month for housing. Only 41.6% of renters in this Piedmont, WV region pay between $500 and $999 per month for rent.

ZIP Code 26750 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 26750

See the chart below for a comparison of monthly rental costs in ZIP Code 26750, West Virginia, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 26750 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 26750

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

Cost ZIP 26750 West Virginia U.S.
Less than $500 58.4% 21.4% 9.4%
$500 to $999 41.6% 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 26750

Renters in ZIP Code 26750 use an estimated 24.14% of their income to cover their monthly rent payments. That is about 16% 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 26750 renters use about 19% less of their income to cover rent expense. Household income figures for ZIP Code 26750 come in lower than in West Virginia as a whole. The median annual household income in ZIP Code 26750 of $34,737 sits approximately 26% lower than the overall West Virginia median income of $46,711 and approximately 45% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 26750

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 26750, 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 26750 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 26750

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

Rent Cost as % of Income ZIP 26750 West Virginia U.S.
Less than 15.0 percent 21.3% 17.0% 13.1%
15.0 to 19.9 percent 30.0% 12.3% 12.9%
20.0 to 24.9 percent 5.3% 11.9% 12.9%
25.0 to 29.9 percent 14.7% 11.4% 11.6%
30.0 to 34.9 percent 6.7% 8.8% 9.1%
35.0 percent or more 22.0% 38.5% 40.5%

Household Income in ZIP Code 26750

See the table below for the regional comparison of annual household income in ZIP Code 26750.

Income ZIP 26750 West Virginia U.S.
Less than $10,000 14.8% 8.7% 6.0%
$10,000 to $14,999 10.9% 6.0% 4.3%
$15,000 to $24,999 10.6% 12.6% 8.9%
$25,000 to $34,999 14.2% 11.2% 8.9%
$35,000 to $49,999 11.2% 14.3% 12.3%
$50,000 to $74,999 20.6% 17.7% 17.2%
$75,000 to $99,999 7.9% 11.4% 12.7%
$100,000 to $149,999 5.8% 11.4% 15.1%
$150,000 to $199,999 1.5% 3.6% 6.8%
$200,000 or more 2.4% 3.0% 7.7%

Household Income in ZIP Code 26750

See the chart below for a comparison of annual household income figures in ZIP Code 26750, West Virginia, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 26750 alongside the same figures for the state of West Virginia and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 26750

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 26750.

ZIP 26750 West Virginia U.S.
Median Housing Rent $457 $725 $1,062
Renter-Occupied Housing Units 50.9% 26.8% 36.0%
Rental Vacancy Rate 6.7% 7.3% 6.0%
Average Size of Renter-Occupied Unit 2.29 2.28 2.49
Average # of Bedrooms Per Unit 2.96 2.74 2.75
Percent of Income Spent on Rent 24.14% 28.89% 29.83%
Per Capita Income $26,207 $26,480 $34,103
Median Household Income $58,612 $63,680 $88,607
Living Below the Poverty Line 17.8% 12.7% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 26750

In ZIP Code 26750 (Piedmont, WV), and estimated 50.9% of housing units are occupied by renters. This region has an approximate rental vacany rate of 6.7%.

The per capita income in 26750 is estimated at $26,207, which goes along with an estimated median household income of $58,612. About 17.8% of residents in this Mineral County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.29 occupants, while the units have an aggregate average size of 2.96 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 24.14% of their income on housing rental costs.

Rental FAQs for ZIP Code 26750

1

What is the median monthly rent in ZIP Code 26750?

Median rent for housing in ZIP Code 26750 in Mineral County in West Virginia is approximately $457 per month.
2

Is it expensive to rent in ZIP Code 26750?

Rent in ZIP Code 26750 is lower than average in the state of West Virginia overall. The median monthly rent of $457 in ZIP Code 26750 is approximately 37% lower than the West Virginia median of $725. Additionally, median rent in this Piedmont, WV region ($457) is about 57% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 26750?

High-priced rentals are not common in the Piedmont, WV ZIP Code of 26750, 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 26750?

Affordable rentals are more common in ZIP Code 26750 than in West Virginia overall. The percentage of housing rentals in ZIP Code 26750 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 26750 rate of 100%.
5

What is the most common cost range that rentals fall into in ZIP Code 26750?

The most common range for rental cost in ZIP Code 26750 is less than $500 per month. About 58.4% of renters in 26750 pay in this range for monthly rent. In comparison, approximately 21.4% of renters in the state of West Virginia fall in the less than $500 range, and 9.4% of overall U.S. renters fall in this range.
6

Does ZIP Code 26750 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 26750 is lower than the rental vacancy rate in the state of West Virginia overall. Rental vacancy of 6.7% in ZIP Code 26750 is about 8% lower than the West Virginia rate of 7.3%. Looking more broadly, rental vacancy in this Piedmont, WV region (6.7%) is an estimated 12% 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 26750? How does it compare to other West Virginia regions?

Median household income in ZIP Code 26750 is lower than in the state of West Virginia overall. Annual household income of $34,737 in ZIP Code 26750 is about 26% lower than the West Virginia median of $46,711. Additionally, median household income in this Piedmont, WV region ($34,737) is approximately 45% 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 26750 spend on housing costs?

Renters in ZIP Code 26750 spend a lower amount of their income on rent costs than do renters in West Virginia overall. Renters in ZIP Code 26750 spend an estimated 24.14% of their income on rent payments, which is about 16% 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 19% higher than the ZIP Code 26750 estimated rate of 24.14%.
9

Do renters in ZIP Code 26750 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 26750 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 26750 spending 30 percent or more of their income on rent costs (28.7%) is approximately 39% lower 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 42% higher than the aforementioned 26750 rate of 28.7%.
10

What is the average household size of renter-occupied units in ZIP Code 26750?

The average household size of renter-occupied units in ZIP Code 26750 is higher than in the state of West Virginia overall. Annual household size of 2.29 in ZIP Code 26750 is about 0% higher than the West Virginia median of 2.28. Additionally, median household size in this Piedmont, WV region (2.29) is approximately 8% lower than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other West Virginia ZIP Codes