The typical owner-occupied home in Pax is worth about $43,300, 73% below the West Virginia median of $162,600 and 87% below the national median of $332,700. Owners pay a median $396 a year in property taxes, about 0.91% of their home's value, higher than the West Virginia rate of 0.53%. The median household earns $28,750 a year, so the median home costs 1.5 times the median income (2.7 times for West Virginia). 68% of occupied homes here are lived in by their owners, and 6% of those owners still have a mortgage.
Pax at a glance
| Pax | West Virginia | U.S. | |
|---|---|---|---|
| Median home value | $43,300 | $162,600 | $332,700 |
| Median property tax paid per year | $396 | $865 | $3,119 |
| Property tax as a share of value | 0.91% | 0.53% | 0.94% |
| Median household income | $28,750 | $59,608 | $80,734 |
| Homes lived in by their owners | 68% | 75% | 65% |
| Owner homes with a mortgage | 6% | 46% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,255 | $1,963 |
| Median rent | – | $872 | $1,413 |
| Median year homes were built | 1948 | 1976 | 1980 |
| Vacant homes | 14.5% | 15.4% | 10.1% |
| Population | 83 | 1,778,373 | 334,922,499 |
What a typical home costs per month in Pax
At this week's average 30-year rate of 7.11%, buying the median Pax home of $43,300 with 20% down costs about $284 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $356, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $12,168 for the 20%-down payment. That payment is 12% of the median Pax household income of $28,750; at that income and 20% down, the 28% guideline points to a home of about $102,000.
| Down payment | $8,660 |
|---|---|
| Loan amount | $34,640 |
| Principal and interest | $233 |
| Property taxes (0.91% a year) | $33 |
| Homeowners insurance (our estimate, 0.5% a year) | $18 |
| PMI | $0 |
| Total per month | $284 |
Change the numbers in the calculator
| Down payment | $1,516 |
|---|---|
| Loan amount | $42,516 |
| Principal and interest | $286 |
| Property taxes (0.91% a year) | $33 |
| Homeowners insurance (our estimate, 0.5% a year) | $18 |
| FHA mortgage insurance | $19 |
| Total per month | $356 |
Change the numbers in the calculator
Questions about home buying in Pax
What is the median home value in Pax?
About $43,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Pax?
Homeowners pay a median $396 a year, which is about 0.91% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Pax?
For the median home with 20% down at 7.11%, the payment is about $284 a month. Keeping that under 28% of gross income takes about $12,168 a year.
More about Pax
- Mortgage Refinance in Pax
- Debt Relief in Pax
- Home Equity Loans in Pax
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data