Winchester, WV vs Jefferson County, WV
A 2-bedroom in Jefferson County costs $322 less per month than Winchester ($1,251 vs $1,573). Median income is $82,413 in Winchester and $123,896 in Jefferson County. That's a difference of $3,864 per year in housing costs.
Side-by-Side Comparison
| Metric | Winchester | Jefferson County |
|---|---|---|
| Studio FMR | $1,133 | $947 |
| 1BR FMR | $1,255 | $953 |
| 2BR FMR | $1,573 | $1,251 |
| 3BR FMR | $1,965 | $1,740 |
| 4BR FMR | $2,639 | $2,099 |
| Median Income | $82,413 | $123,896 |
| Rent Burden | 22.9% | 12.1% |
| Actual Median Rent | $1,309 | $1,975 |
| Median Home Value | $322,600 | $553,000 |
| Population | 145K | 6.3M |
| Renter % | 28.9% | 36.5% |
| Vacancy Rate | 12.5% | 5.4% |
| Poverty Rate | 10.6% | 7.9% |
| YoY Change | +13.2% | +13.8% |
| Min Wage | $8.75/hr | $8.75/hr |
Income Required to Afford a 2-Bedroom
Frequently Asked Questions
Jefferson County, WV is more affordable with a 2BR FMR of $1,251/mo, which is $322 less than Winchester at $1,573/mo. However, when considering local incomes, Winchester has a rent burden of 22.9% vs 12.1% in Jefferson County.
A 2-bedroom in Winchester, WV costs $1,573/mo at Fair Market Rent, while in Jefferson County, WV it's $1,251/mo, a difference of $322/mo or $3,864/year.
To afford a 2BR without spending more than 30% of income on rent: Winchester requires $62,920/year ($30/hr). Jefferson County requires $50,040/year ($24/hr).