Total monthly cost of ownership
Cost to Own a Home in Hurricane, West Virginia
A $190,000 home here costs
$1,646per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $70,500 a year.
A standard mortgage calculator would have told you $1,036. The real number is $610 higher every month, 59% more than the payment most buyers budget for.
Compare Putnam County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Hurricane against Putnam County and West Virginia
| Measure | Hurricane | Putnam County |
|---|---|---|
| Median home value | $190,400 | $214,200 |
| Median property tax | $1,395 | $1,235 |
| Effective tax rate | 0.733% | 0.577% |
| Median gross rent | $854 | $975 |
| Population | 6,891 | 57,250 |
The weather behind that power bill
Hurricane sits in Putnam County, which averages a high of 87.0°F in its hottest month and a low of 24.0°F in its coldest, with 39.48" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 1,154 cooling and 4,568 heating degree days, which is what sets the $168 electricity line above.
See the full climate breakdown for Putnam County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Putnam County
Full Putnam County cost breakdown · Every county in West Virginia
Talk to someone who works this market
These are Hurricane averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Hurricane every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Hurricane I already own here and may sell
Common questions
How much does it cost to own a home in Hurricane?
A $190,000 home in Hurricane, West Virginia costs approximately $1,646 per month with 20% down at 7.24%. That is $1,036 principal and interest, $116 property tax, $100 homeowners insurance, $236 utilities and $158 set aside for maintenance.
What is the property tax rate in Hurricane?
Hurricane has an effective property tax rate of 0.733%, based on a median home value of $190,400 and median real estate taxes of $1,395. That is higher than the Putnam County average of 0.577%.
What is the average home price in Hurricane?
The median owner-occupied home value in Hurricane, West Virginia is $190,400, against $214,200 across Putnam County.
Is it cheaper to rent or buy in Hurricane?
Median gross rent in Hurricane is $854 a month, against $1,646 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Hurricane?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Hurricane, West Virginia at today's rate takes a household income of roughly $70,500 a year. That covers the full $1,646 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Hurricane, 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.