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Affordable
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These days, finding an affordable place to live in the Mount Gay area can be challenging. Home prices in Mount Gay are now at a median cost of $83,770, lower than the West Virginia average of $177,366.
The average cost of rent is $701/mo in Mount Gay, primarily driven by the current value of real estate in the Mount Gay area. In Mount Gay, 29.61% of households rent, and 69.75% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mount Gay is $4,229 per month. Households that rent pay about 16.57% of their income on rent here. Mount Gay’s most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Mount Gay-Shamrock, WV: equally priced homes
- Verdunville, WV: higher priced homes
- Logan, WV: equally priced homes
- West Logan, WV: less expensive homes
- Wilkinson, WV: higher priced homes
- Holden, WV: higher priced homes
- Peach Creek, WV: equally priced homes
- Whitman, WV: equally priced homes
- Monaville, WV: equally priced homes
- Stollings, WV: less expensive homes
Cities with Similar Populations
- Two Rivers, MI: higher priced homes
- East Williamson, NY: higher priced homes
- Easton, ME: higher priced homes
- Elwood, TX: higher priced homes
- Etna Mills, VA: higher priced homes
- Fentress, TX: higher priced homes
- Floral College, NC: less expensive homes
- Treadway, TN: higher priced homes
- Twin Groves, AR: higher priced homes
- East Unity, NH: higher priced homes
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