Total monthly cost of ownership
Cost to Own a Home in Williamson, West Virginia
A $93,000 home here costs
$869per 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 $390 higher every month — 82% 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.
Williamson against Mingo County and West Virginia
| Measure | Williamson | Mingo County |
|---|---|---|
| Median home value | $93,300 | $85,600 |
| Median property tax | $541 | $374 |
| Effective tax rate | 0.580% | 0.437% |
| Median gross rent | $555 | $604 |
| Population | 2,979 | 22,979 |
The weather behind that power bill
Williamson 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 Williamson?
A $93,000 home in Williamson, West Virginia costs approximately $869 per month with 20% down at 6.66%. That is $478 principal and interest, $45 property tax, $49 homeowners insurance, $219 utilities and $78 set aside for maintenance.
What is the property tax rate in Williamson?
Williamson has an effective property tax rate of 0.580%, based on a median home value of $93,300 and median real estate taxes of $541. That is higher than the Mingo County average of 0.437%.
What is the average home price in Williamson?
The median owner-occupied home value in Williamson, West Virginia is $93,300, against $85,600 across Mingo County.
Is it cheaper to rent or buy in Williamson?
Median gross rent in Williamson is $555 a month, against $869 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 Williamson — 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.