Cost to Own
United StatesWest VirginiaKanawha CountyMarmet Population 1,520 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Marmet, West Virginia

A $83,000 home here costs

$820

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $427. The real number is $393 higher every month — 92% more than the payment most buyers budget for.

Marmet median: $83,100
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $66,400 borrowed $427
Property tax0.890% effective rate for Marmet itself $62
Homeowners insuranceWest Virginia averages $1,016/yr (NAIC), or 0.632% of home value $44
Electricity16.8¢/kWh — West Virginia residential average, EIA $151
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $69
Total monthly $820

Marmet against Kanawha County and West Virginia

MeasureMarmetKanawha County
Median home value$83,100$135,000
Median property tax$740$922
Effective tax rate0.890%0.683%
Median gross rent$791$879
Population1,520178,198

The weather behind that power bill

Marmet sits in Kanawha County, which averages a high of 86.0°F in its hottest month and a low of 26.1°F in its coldest, with 46.24" of precipitation a year and 33% of it in a single three-month stretch. That climate drives 1,162 cooling and 4,353 heating degree days, which is what sets the $151 electricity line above.

See the full climate breakdown for Kanawha County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Kanawha County

Full Kanawha County cost breakdown · Every county in West Virginia

Common questions

How much does it cost to own a home in Marmet?

A $83,000 home in Marmet, West Virginia costs approximately $820 per month with 20% down at 6.66%. That is $427 principal and interest, $62 property tax, $44 homeowners insurance, $219 utilities and $69 set aside for maintenance.

What is the property tax rate in Marmet?

Marmet has an effective property tax rate of 0.890%, based on a median home value of $83,100 and median real estate taxes of $740. That is higher than the Kanawha County average of 0.683%.

What is the average home price in Marmet?

The median owner-occupied home value in Marmet, West Virginia is $83,100, against $135,000 across Kanawha County.

Is it cheaper to rent or buy in Marmet?

Median gross rent in Marmet is $791 a month, against $820 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 Marmet — 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.

Full methodology