Housing costs in Deep Water?
A typical home costs
$75,900, which is 77.6% less expensive than the national average of
$338,100 and 45.7% less expensive than the average West Virginia home, at
$139,700. Renting a two-bedroom unit in Deep Water costs
$770 per month, which is 10.5% cheaper than the national average of
$860 and 6.5% cheaper than the state average of
$820.
Can I afford Deep Water?
To live comfortably in Deep Water (zip 25057), West Virginia, a minimum annual income of
$14,400 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Deep Water?
The cost of living in 25057 Deep Water, WV is quite reasonable compared to the national average. The median home value was estimated at $171,700 in 2019 which is significantly lower than the national average of $226,800. In addition, the median household income in Deep Water was approximately $42,431 whereas the national median income was estimated to be around $61,937 that same year. This means that residents of Deep Water are paying less for housing and earning less than their counterparts across the nation. Additionally, local goods and services are generally cheaper due to a smaller population base and fewer competitive markets. All these factors combine to make Deep Water an affordable place for individuals or families looking for a more peaceful lifestyle with good job prospects.