Total monthly cost of ownership
Cost to Own a Home in Carpendale, West Virginia
A $169,000 home here costs
$1,386per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $869. The real number is $517 higher every month — 60% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Carpendale against Mineral County and West Virginia
| Measure | Carpendale | Mineral County |
|---|---|---|
| Median home value | $169,200 | $180,400 |
| Median property tax | $821 | $838 |
| Effective tax rate | 0.485% | 0.465% |
| Median gross rent | $709 | $684 |
| Population | 1,053 | 26,922 |
The weather behind that power bill
Carpendale sits in Mineral County, which averages a high of 88.6°F in its hottest month and a low of 20.7°F in its coldest, with 41.4" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 907 cooling and 5,421 heating degree days, which is what sets the $151 electricity line above.
See the full climate breakdown for Mineral County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Mineral County
Full Mineral County cost breakdown · Every county in West Virginia
Common questions
How much does it cost to own a home in Carpendale?
A $169,000 home in Carpendale, West Virginia costs approximately $1,386 per month with 20% down at 6.66%. That is $869 principal and interest, $68 property tax, $89 homeowners insurance, $219 utilities and $141 set aside for maintenance.
What is the property tax rate in Carpendale?
Carpendale has an effective property tax rate of 0.485%, based on a median home value of $169,200 and median real estate taxes of $821. That is higher than the Mineral County average of 0.465%.
What is the average home price in Carpendale?
The median owner-occupied home value in Carpendale, West Virginia is $169,200, against $180,400 across Mineral County.
Is it cheaper to rent or buy in Carpendale?
Median gross rent in Carpendale is $709 a month, against $1,386 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Carpendale — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for West Virginia.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.