The typical owner-occupied home in Winfield is worth about $257,100, 58% above the West Virginia median of $162,600 and 23% below the national median of $332,700. Owners pay a median $1,937 a year in property taxes, about 0.75% of their home's value, higher than the West Virginia rate of 0.53%. The median household earns $103,276 a year, so the median home costs 2.5 times the median income (2.7 times for West Virginia). 75% of occupied homes here are lived in by their owners, and 61% of those owners still have a mortgage.
Winfield at a glance
| Winfield | West Virginia | U.S. | |
|---|---|---|---|
| Median home value | $257,100 | $162,600 | $332,700 |
| Median property tax paid per year | $1,937 | $865 | $3,119 |
| Property tax as a share of value | 0.75% | 0.53% | 0.94% |
| Median household income | $103,276 | $59,608 | $80,734 |
| Homes lived in by their owners | 75% | 75% | 65% |
| Owner homes with a mortgage | 61% | 46% | 61% |
| Median monthly costs, owners with a mortgage | $1,896 | $1,255 | $1,963 |
| Those costs as a share of the owners' income | 17.0% | 17.3% | 21.0% |
| Median rent | $1,009 | $872 | $1,413 |
| Rent as a share of renters' income | 26.8% | 29.4% | 30.6% |
| Median year homes were built | 1995 | 1976 | 1980 |
| Vacant homes | 8.1% | 15.4% | 10.1% |
| Population | 2,918 | 1,778,373 | 334,922,499 |
What a typical home costs per month in Winfield
At this week's average 30-year rate of 7.11%, buying the median Winfield home of $257,100 with 20% down costs about $1,651 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,080, 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 $70,776 for the 20%-down payment. That payment is 19% of the median Winfield household income of $103,276; at that income and 20% down, the 28% guideline points to a home of about $375,000.
The median rent here is $1,009 a month, so owning the median home costs about $642 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $51,420 |
|---|---|
| Loan amount | $205,680 |
| Principal and interest | $1,384 |
| Property taxes (0.75% a year) | $161 |
| Homeowners insurance (our estimate, 0.5% a year) | $107 |
| PMI | $0 |
| Total per month | $1,651 |
Change the numbers in the calculator
| Down payment | $8,998 |
|---|---|
| Loan amount | $252,443 |
| Principal and interest | $1,698 |
| Property taxes (0.75% a year) | $161 |
| Homeowners insurance (our estimate, 0.5% a year) | $107 |
| FHA mortgage insurance | $114 |
| Total per month | $2,080 |
Change the numbers in the calculator
Questions about home buying in Winfield
What is the median home value in Winfield?
About $257,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Winfield?
Homeowners pay a median $1,937 a year, which is about 0.75% 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 Winfield?
For the median home with 20% down at 7.11%, the payment is about $1,651 a month. Keeping that under 28% of gross income takes about $70,776 a year.
More about Winfield
- Mortgage Refinance in Winfield
- Debt Relief in Winfield
- Home Equity Loans in Winfield
- 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