What percentage of people rent in Mount Hope, WV?
48.5% (±9.9 points) of the occupied homes in Mount Hope, WV are rented (2020–2024 American Community Survey).
That is 318 renting households against 338 that own their home.
In Mount Hope, the share of households that rent went from 40.1% in 2015–2019 to 48.5% in 2020–2024 (+8.4 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 48.5% (±9.9 points)
- Renting households
- 318 (±89)
- Median renter income
- $18,182 (±$7,917)
Who rents and who owns in Mount Hope
| Mount Hope | Fayette County | West Virginia | United States | |
|---|---|---|---|---|
| Renter-occupied share | 48.5% (±9.9 points) | 22.3% (±2.5 points) | 25.1% (±0.3 points) | 34.8% |
| Renting households | 318 (±89) | 3,561 (±417) | 183,060 (±2,623) | 45,017,354 |
| Owning households | 338 (±71) | 12,387 (±508) | 545,595 (±3,466) | 84,210,142 |
| Average renter household size | 2.0 (±0.3) | 2.1 (±0.2) | 2.1 (±0.0) | 2.3 |
| Average owner household size | 2.5 (±0.5) | 2.5 (±0.1) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $18,182 (±$7,917) | $26,712 (±$8,564) | $33,142 (±$752) | $52,966 |
| Median owner household income | $60,962 (±$22,939) | $61,176 (±$3,047) | $70,961 (±$731) | $100,009 |
In Mount Hope, the renter share is higher than in Fayette County (22.3%).
It is also higher than in West Virginia (25.1%).
It is higher than the national figure (34.8%).
In Fayette County, Mount Hope ranks 3 of 10 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 33 of 272.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Mount Hope has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 40.1% (±8.0 points) | 48.5% (±9.9 points) | +8.4 percentage points | Not a measurable change |
| Median gross rent | $268 (±$60) | $549 (±$172) | +104.9% | Up after inflation |
| Median household income | $23,333 (±$7,603) | $34,375 (±$18,426) | +47.3% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Mount Hope
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Mount Hope | — | 48.5% (±9.9 points) | — |
| Bradley | 3.1 mi | 30.6% (±23.1 points) | Not measurably different |
| Prosperity | 4.3 mi | 8.1% (±10.1 points) | Lower |
| Pax | 5.2 mi | 32.1% (±30.8 points) | Not measurably different |
| Oak Hill | 5.4 mi | 26.3% (±5.8 points) | Lower |
| Stanaford | 6.0 mi | 25.6% (±14.2 points) | Lower |
| Thurmond | 6.7 mi | 100.0% (±100.0 points) | Not measurably different |
| Beckley | 8.6 mi | 44.6% (±4.8 points) | Not measurably different |
| Mabscott | 9.1 mi | 29.7% (±11.6 points) | Lower |
Nearby places with a measurably lower figure: Prosperity, WV (8.1%), Oak Hill, WV (26.3%), Stanaford, WV (25.6%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Fayette County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Thurmond | 100.0% (±100.0 points) |
| 2 | Montgomery | 62.9% (±9.0 points) |
| 3 | Mount Hope | 48.5% (±9.9 points) |
| 4 | Gauley Bridge | 38.3% (±21.9 points) |
| 5 | Pax | 32.1% (±30.8 points) |
| 6 | Ansted | 28.1% (±14.0 points) |
| 7 | Fayetteville | 26.5% (±10.0 points) |
| 8 | Oak Hill | 26.3% (±5.8 points) |
| 9 | Smithers | 24.1% (±13.5 points) |
Showing 9 of 10 places in Fayette County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Mount Hope
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Questions about Mount Hope
How many renters are there in Mount Hope?
Mount Hope has an estimated 318 (±89) renting households, 48.5% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Mount Hope?
In Mount Hope, the share of households that rent went from 40.1% in 2015–2019 to 48.5% in 2020–2024 (+8.4 percentage points), not a measurable change.
How big are renting households in Mount Hope?
A renting household in Mount Hope has 2.0 people on average, against 2.5 in an owned home.
How much do renters earn in Mount Hope?
The median renting household in Mount Hope, WV has an income of $18,182 (±$7,917) a year, against $60,962 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Mount Hope city, West Virginia
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Mount Hope city, West Virginia
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Mount Hope city, West Virginia
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Mount Hope city, West Virginia
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Mount Hope city, West Virginia
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Mount Hope city, West Virginia (place:56404, in state:54).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Mount Hope at a glance
- Median rent in Mount Hope
- Rent burden in Mount Hope
- Home values in Mount Hope
- Homeowner costs in Mount Hope
- Property taxes in Mount Hope
- Types of homes in Mount Hope
- Bedrooms in Mount Hope
- Age of homes in Mount Hope
- Heating fuel in Mount Hope
- Commute and cars in Mount Hope
- Population growth in Mount Hope
- How long people stay in Mount Hope
- West Virginia landlord and tenant rules
- Housing across Fayette County
- West Virginia places ranked by share of renters
- Housing data for every place in West Virginia