Home / Compare
Winchester, WV vs Boone County, WV
A 2-bedroom in Boone County costs $704 less per month than Winchester ($869 vs $1,573). Median income is $82,413 in Winchester and $56,152 in Boone County. That's a difference of $8,448 per year in housing costs.
Side-by-Side Comparison
| Metric | Winchester | Boone County |
|---|---|---|
| Studio FMR | $1,133 | $669 |
| 1BR FMR | $1,255 | $674 |
| 2BR FMR | $1,573 | $869 |
| 3BR FMR | $1,965 | $1,195 |
| 4BR FMR | $2,639 | $1,458 |
| Median Income | $82,413 | $56,152 |
| Rent Burden | 22.9% | 18.6% |
| Actual Median Rent | $1,309 | $823 |
| Median Home Value | $322,600 | $90,300 |
| Population | 145K | 21K |
| Renter % | 28.9% | 20.9% |
| Vacancy Rate | 12.5% | 22.4% |
| Poverty Rate | 10.6% | 17.3% |
| Unemployment | - | 5.2% |
| YoY Change | +13.2% | +2.5% |
| Min Wage | $8.75/hr | $8.75/hr |
Income Required to Afford a 2-Bedroom
Winchester, WV
Annual Income Needed
$62,920
Hourly Wage Needed
$30/hr
Min Wage Work Hours/Week
138.3 hrs
at $8.75/hr (WV min wage)
Boone County, WV
Annual Income Needed
$34,760
Hourly Wage Needed
$17/hr
Min Wage Work Hours/Week
76.4 hrs
at $8.75/hr (WV min wage)
Frequently Asked Questions
Boone County, WV is more affordable with a 2BR FMR of $869/mo, which is $704 less than Winchester at $1,573/mo. However, when considering local incomes, Winchester has a rent burden of 22.9% vs 18.6% in Boone County.
A 2-bedroom in Winchester, WV costs $1,573/mo at Fair Market Rent, while in Boone County, WV it's $869/mo, a difference of $704/mo or $8,448/year.
To afford a 2BR without spending more than 30% of income on rent: Winchester requires $62,920/year ($30/hr). Boone County requires $34,760/year ($17/hr).
Last updated: