The typical owner-occupied home in Alum Creek is worth about $159,300, about the same as the West Virginia median of $162,600 and 52% below the national median of $332,700. Owners pay a median $677 a year in property taxes, about 0.42% of their home's value, lower than the West Virginia rate of 0.53%. The median household earns $74,231 a year, so the median home costs 2.1 times the median income (2.7 times for West Virginia). 91% of occupied homes here are lived in by their owners, and 35% of those owners still have a mortgage.
Alum Creek at a glance
| Alum Creek | West Virginia | U.S. | |
|---|---|---|---|
| Median home value | $159,300 | $162,600 | $332,700 |
| Median property tax paid per year | $677 | $865 | $3,119 |
| Property tax as a share of value | 0.42% | 0.53% | 0.94% |
| Median household income | $74,231 | $59,608 | $80,734 |
| Homes lived in by their owners | 91% | 75% | 65% |
| Owner homes with a mortgage | 35% | 46% | 61% |
| Median monthly costs, owners with a mortgage | $1,608 | $1,255 | $1,963 |
| Those costs as a share of the owners' income | 16.8% | 17.3% | 21.0% |
| Median rent | $859 | $872 | $1,413 |
| Rent as a share of renters' income | 17.1% | 29.4% | 30.6% |
| Median year homes were built | 1975 | 1976 | 1980 |
| Vacant homes | 21.0% | 15.4% | 10.1% |
| Population | 1,749 | 1,778,373 | 334,922,499 |
What a typical home costs per month in Alum Creek
At this week's average 30-year rate of 7.11%, buying the median Alum Creek home of $159,300 with 20% down costs about $979 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,245, 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 $41,976 for the 20%-down payment. That payment is 16% of the median Alum Creek household income of $74,231; at that income and 20% down, the 28% guideline points to a home of about $282,000.
The median rent here is $859 a month, so owning the median home costs about $120 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $31,860 |
|---|---|
| Loan amount | $127,440 |
| Principal and interest | $857 |
| Property taxes (0.42% a year) | $56 |
| Homeowners insurance (our estimate, 0.5% a year) | $66 |
| PMI | $0 |
| Total per month | $979 |
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| Down payment | $5,576 |
|---|---|
| Loan amount | $156,415 |
| Principal and interest | $1,052 |
| Property taxes (0.42% a year) | $56 |
| Homeowners insurance (our estimate, 0.5% a year) | $66 |
| FHA mortgage insurance | $70 |
| Total per month | $1,245 |
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Questions about home buying in Alum Creek
What is the median home value in Alum Creek?
About $159,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Alum Creek?
Homeowners pay a median $677 a year, which is about 0.42% 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 Alum Creek?
For the median home with 20% down at 7.11%, the payment is about $979 a month. Keeping that under 28% of gross income takes about $41,976 a year.
More about Alum Creek
- Mortgage Refinance in Alum Creek
- Debt Relief in Alum Creek
- Home Equity Loans in Alum Creek
- 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