The typical owner-occupied home in Lumberport is worth about $126,100, 22% below the West Virginia median of $162,600 and 62% below the national median of $332,700. Owners pay a median $669 a year in property taxes, about 0.53% of their home's value, close to the West Virginia rate of 0.53%. The median household earns $47,917 a year, so the median home costs 2.6 times the median income (2.7 times for West Virginia). 86% of occupied homes here are lived in by their owners, and 47% of those owners still have a mortgage.
Lumberport at a glance
| Lumberport | West Virginia | U.S. | |
|---|---|---|---|
| Median home value | $126,100 | $162,600 | $332,700 |
| Median property tax paid per year | $669 | $865 | $3,119 |
| Property tax as a share of value | 0.53% | 0.53% | 0.94% |
| Median household income | $47,917 | $59,608 | $80,734 |
| Homes lived in by their owners | 86% | 75% | 65% |
| Owner homes with a mortgage | 47% | 46% | 61% |
| Median monthly costs, owners with a mortgage | $1,129 | $1,255 | $1,963 |
| Those costs as a share of the owners' income | 15.1% | 17.3% | 21.0% |
| Median rent | – | $872 | $1,413 |
| Median year homes were built | 1964 | 1976 | 1980 |
| Vacant homes | 28.8% | 15.4% | 10.1% |
| Population | 703 | 1,778,373 | 334,922,499 |
What a typical home costs per month in Lumberport
At this week's average 30-year rate of 7.11%, buying the median Lumberport home of $126,100 with 20% down costs about $787 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $997, 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 $33,723 for the 20%-down payment. That payment is 20% of the median Lumberport household income of $47,917; at that income and 20% down, the 28% guideline points to a home of about $179,000.
| Down payment | $25,220 |
|---|---|
| Loan amount | $100,880 |
| Principal and interest | $679 |
| Property taxes (0.53% a year) | $56 |
| Homeowners insurance (our estimate, 0.5% a year) | $53 |
| PMI | $0 |
| Total per month | $787 |
Change the numbers in the calculator
| Down payment | $4,414 |
|---|---|
| Loan amount | $123,816 |
| Principal and interest | $833 |
| Property taxes (0.53% a year) | $56 |
| Homeowners insurance (our estimate, 0.5% a year) | $53 |
| FHA mortgage insurance | $56 |
| Total per month | $997 |
Change the numbers in the calculator
Questions about home buying in Lumberport
What is the median home value in Lumberport?
About $126,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Lumberport?
Homeowners pay a median $669 a year, which is about 0.53% 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 Lumberport?
For the median home with 20% down at 7.11%, the payment is about $787 a month. Keeping that under 28% of gross income takes about $33,723 a year.
More about Lumberport
- Mortgage Refinance in Lumberport
- Debt Relief in Lumberport
- Home Equity Loans in Lumberport
- 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