Location: Charleston, WV | Metro: Charleston, WV HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $730 |
| 1 Bedroom | $850 |
| 2 Bedrooms | $1,050 |
| 3 Bedrooms | $1,330 |
| 4 Bedrooms | $1,380 |
| 5 Bedrooms | $1,601 |
| 6 Bedrooms | $1,793 |
| 7 Bedrooms | $1,936 |
| 8 Bedrooms | $2,033 |
The ZIP code 25305 in Charleston, WV, is distinct due to its very low population count of just 8 residents, which is reflected in the limited data available. There is 1 household in this ZIP code, indicating an average of 8 people per household, which is exceptionally high. The median age in ZIP 25305 is 54 years, significantly older than both the state median age of 42.9 years and the national median age of 38.8 years.
The median income and home value data for ZIP 25305 are not provided, suggesting a lack of sufficient data points to calculate these figures accurately. However, the Fair Market Rent (FMR) for ZIP 25305 for fiscal year 2024 is set at $1000, which is a critical figure for Section 8 voucher economics. This FMR serves as the benchmark for determining the standard payment amounts for the Housing Choice Voucher program.
Given the extremely low population and the absence of detailed economic data, it is difficult to assess the stability or transitional nature of the ZIP code. The scarcity of data points indicates that ZIP 25305 may be too small or unique to draw robust conclusions about its economic conditions or trends. Therefore, the data signature for ZIP 25305 is best characterized as transitional, due to the limited statistical significance and the potential for rapid changes in such a small community.
Data Sources: FMR data from HUD (2027).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.