Total monthly cost of ownership
Cost to Own a Home in Philippi, West Virginia
A $111,000 home here costs
$988per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $571. The real number is $417 higher every month — 73% 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.
Philippi against Barbour County and West Virginia
| Measure | Philippi | Barbour County |
|---|---|---|
| Median home value | $110,900 | $126,000 |
| Median property tax | $566 | $538 |
| Effective tax rate | 0.510% | 0.427% |
| Median gross rent | $780 | $803 |
| Population | 2,919 | 15,454 |
The weather behind that power bill
Philippi sits in Barbour County, which averages a high of 85.5°F in its hottest month and a low of 24.6°F in its coldest, with 44.84" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 1,028 cooling and 4,661 heating degree days, which is what sets the $151 electricity line above.
See the full climate breakdown for Barbour County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Barbour County
Full Barbour County cost breakdown · Every county in West Virginia
Common questions
How much does it cost to own a home in Philippi?
A $111,000 home in Philippi, West Virginia costs approximately $988 per month with 20% down at 6.66%. That is $571 principal and interest, $47 property tax, $58 homeowners insurance, $219 utilities and $93 set aside for maintenance.
What is the property tax rate in Philippi?
Philippi has an effective property tax rate of 0.510%, based on a median home value of $110,900 and median real estate taxes of $566. That is higher than the Barbour County average of 0.427%.
What is the average home price in Philippi?
The median owner-occupied home value in Philippi, West Virginia is $110,900, against $126,000 across Barbour County.
Is it cheaper to rent or buy in Philippi?
Median gross rent in Philippi is $780 a month, against $988 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 Philippi — 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.