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Affordable
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These days, finding an affordable place to live in the Thorpe area can be challenging. Home prices in Thorpe are now at a median cost of $42,522, lower than the West Virginia average of $177,366.
The average cost of rent is $569/mo in Thorpe, primarily driven by the current value of real estate in the Thorpe area. In Thorpe, 10.55% of households rent, and 94.46% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Thorpe is $2,997 per month. Households that rent pay about 18.98% of their income on rent here. Thorpe’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Gary, WV: equally priced homes
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- Landgraff, WV: equally priced homes
- Kimball, WV: higher priced homes
- Anawalt, WV: less expensive homes
- Keystone, WV: equally priced homes
- Vivian, WV: equally priced homes
- Welch, WV: higher priced homes
Cities with Similar Populations
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- East Mount Carmel, IN: higher priced homes
- East Albany, VT: higher priced homes
- Egegik, AK: higher priced homes
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