The typical owner-occupied home in Middlebourne is worth about $134,400, 17% below the West Virginia median of $162,600 and 60% below the national median of $332,700. Owners pay a median $717 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 $69,375 a year, so the median home costs 1.9 times the median income (2.7 times for West Virginia). 75% of occupied homes here are lived in by their owners, and 37% of those owners still have a mortgage.
Middlebourne at a glance
| Middlebourne | West Virginia | U.S. | |
|---|---|---|---|
| Median home value | $134,400 | $162,600 | $332,700 |
| Median property tax paid per year | $717 | $865 | $3,119 |
| Property tax as a share of value | 0.53% | 0.53% | 0.94% |
| Median household income | $69,375 | $59,608 | $80,734 |
| Homes lived in by their owners | 75% | 75% | 65% |
| Owner homes with a mortgage | 37% | 46% | 61% |
| Median monthly costs, owners with a mortgage | $1,156 | $1,255 | $1,963 |
| Those costs as a share of the owners' income | 17.0% | 17.3% | 21.0% |
| Median rent | $721 | $872 | $1,413 |
| Rent as a share of renters' income | 45.0% | 29.4% | 30.6% |
| Median year homes were built | 1966 | 1976 | 1980 |
| Vacant homes | 17.4% | 15.4% | 10.1% |
| Population | 796 | 1,778,373 | 334,922,499 |
What a typical home costs per month in Middlebourne
At this week's average 30-year rate of 7.11%, buying the median Middlebourne home of $134,400 with 20% down costs about $839 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,063, 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 $35,942 for the 20%-down payment. That payment is 15% of the median Middlebourne household income of $69,375; at that income and 20% down, the 28% guideline points to a home of about $259,000.
The median rent here is $721 a month, so owning the median home costs about $118 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $26,880 |
|---|---|
| Loan amount | $107,520 |
| Principal and interest | $723 |
| Property taxes (0.53% a year) | $59 |
| Homeowners insurance (our estimate, 0.5% a year) | $56 |
| PMI | $0 |
| Total per month | $839 |
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| Down payment | $4,704 |
|---|---|
| Loan amount | $131,966 |
| Principal and interest | $888 |
| Property taxes (0.53% a year) | $59 |
| Homeowners insurance (our estimate, 0.5% a year) | $56 |
| FHA mortgage insurance | $59 |
| Total per month | $1,063 |
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Questions about home buying in Middlebourne
What is the median home value in Middlebourne?
About $134,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Middlebourne?
Homeowners pay a median $717 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 Middlebourne?
For the median home with 20% down at 7.11%, the payment is about $839 a month. Keeping that under 28% of gross income takes about $35,942 a year.
More about Middlebourne
- Mortgage Refinance in Middlebourne
- Debt Relief in Middlebourne
- Home Equity Loans in Middlebourne
- 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