Location: Mingo County, WV | Metro: Mingo County, WV
| Unit Size | Monthly FMR |
|---|---|
| Studio | $720 |
| 1 Bedroom | $740 |
| 2 Bedrooms | $960 |
| 3 Bedrooms | $1,140 |
| 4 Bedrooms | $1,390 |
| 5 Bedrooms | $1,612 |
| 6 Bedrooms | $1,805 |
| 7 Bedrooms | $1,949 |
| 8 Bedrooms | $2,046 |
U.S. Census Bureau data (2024)
The ZIP code 25690 stands out with its relatively low population of 742 residents, where 30.1% of the households rent their homes. The median income here is $63,533, indicating a modest economic status among the residents. However, the lack of data on the median home value suggests that either there is limited variability in housing types or the data collection for this area has been sparse.
When it comes to voucher economics, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $870. This figure is crucial for landlords and small-portfolio investors as it represents the maximum amount the government will pay towards a tenant's rent under the Section 8 program. Despite the absence of current market rent data, the FMR provides a benchmark for rental pricing in subsidized housing units. Landlords should ensure that their rents align with or slightly exceed this figure to attract tenants who can cover the difference between the FMR and the actual rent price.
Given the limited data available on the median home value and market rent, the overall economic signature of ZIP 25690 reads as transitional. The lack of comprehensive housing data points to an area that might be undergoing changes in its housing market, possibly due to development or shifts in the local economy. Investors and landlords should stay informed about any upcoming developments or changes in the local real estate market to make informed decisions.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
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.