Total monthly cost of ownership
Cost to Own a Home in Gilbert Creek, West Virginia
A $93,000 home here costs
$879per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $478. The real number is $401 higher every month — 84% 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.
Gilbert Creek against Mingo County and West Virginia
| Measure | Gilbert Creek | Mingo County |
|---|---|---|
| Median home value | $92,700 | $85,600 |
| Median property tax | $659 | $374 |
| Effective tax rate | 0.711% | 0.437% |
| Median gross rent | — | $604 |
| Population | 1,119 | 22,979 |
The weather behind that power bill
Gilbert Creek sits in Mingo County, which averages a high of 88.6°F in its hottest month and a low of 25.8°F in its coldest, with 48.3" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 1,397 cooling and 4,016 heating degree days, which is what sets the $151 electricity line above.
See the full climate breakdown for Mingo County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Mingo County
Full Mingo County cost breakdown · Every county in West Virginia
Common questions
How much does it cost to own a home in Gilbert Creek?
A $93,000 home in Gilbert Creek, West Virginia costs approximately $879 per month with 20% down at 6.66%. That is $478 principal and interest, $55 property tax, $49 homeowners insurance, $219 utilities and $78 set aside for maintenance.
What is the property tax rate in Gilbert Creek?
Gilbert Creek has an effective property tax rate of 0.711%, based on a median home value of $92,700 and median real estate taxes of $659. That is higher than the Mingo County average of 0.437%.
What is the average home price in Gilbert Creek?
The median owner-occupied home value in Gilbert Creek, West Virginia is $92,700, against $85,600 across Mingo County.
Is it cheaper to rent or buy in Gilbert Creek?
Rent data is not published for Gilbert Creek at this level of detail.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Gilbert Creek — 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.