The typical owner-occupied home in Hambleton is worth about $113,500, 30% below the West Virginia median of $162,600 and 66% below the national median of $332,700. Owners pay a median $459 a year in property taxes, about 0.40% of their home's value, lower than the West Virginia rate of 0.53%. The median household earns $48,750 a year, so the median home costs 2.3 times the median income (2.7 times for West Virginia). 85% of occupied homes here are lived in by their owners, and 41% of those owners still have a mortgage.
Hambleton at a glance
| Hambleton | West Virginia | U.S. | |
|---|---|---|---|
| Median home value | $113,500 | $162,600 | $332,700 |
| Median property tax paid per year | $459 | $865 | $3,119 |
| Property tax as a share of value | 0.40% | 0.53% | 0.94% |
| Median household income | $48,750 | $59,608 | $80,734 |
| Homes lived in by their owners | 85% | 75% | 65% |
| Owner homes with a mortgage | 41% | 46% | 61% |
| Median monthly costs, owners with a mortgage | $914 | $1,255 | $1,963 |
| Those costs as a share of the owners' income | 22.1% | 17.3% | 21.0% |
| Median rent | – | $872 | $1,413 |
| Rent as a share of renters' income | 13.9% | 29.4% | 30.6% |
| Median year homes were built | 1967 | 1976 | 1980 |
| Vacant homes | 17.7% | 15.4% | 10.1% |
| Population | 203 | 1,778,373 | 334,922,499 |
What a typical home costs per month in Hambleton
At this week's average 30-year rate of 7.11%, buying the median Hambleton home of $113,500 with 20% down costs about $696 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $885, 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 $29,826 for the 20%-down payment. That payment is 17% of the median Hambleton household income of $48,750; at that income and 20% down, the 28% guideline points to a home of about $186,000.
| Down payment | $22,700 |
|---|---|
| Loan amount | $90,800 |
| Principal and interest | $611 |
| Property taxes (0.40% a year) | $38 |
| Homeowners insurance (our estimate, 0.5% a year) | $47 |
| PMI | $0 |
| Total per month | $696 |
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| Down payment | $3,972 |
|---|---|
| Loan amount | $111,444 |
| Principal and interest | $750 |
| Property taxes (0.40% a year) | $38 |
| Homeowners insurance (our estimate, 0.5% a year) | $47 |
| FHA mortgage insurance | $50 |
| Total per month | $885 |
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Questions about home buying in Hambleton
What is the median home value in Hambleton?
About $113,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Hambleton?
Homeowners pay a median $459 a year, which is about 0.40% 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 Hambleton?
For the median home with 20% down at 7.11%, the payment is about $696 a month. Keeping that under 28% of gross income takes about $29,826 a year.
More about Hambleton
- Mortgage Refinance in Hambleton
- Debt Relief in Hambleton
- Home Equity Loans in Hambleton
- 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