Location: Doddridge County, WV | Metro: Doddridge County, WV
| Unit Size | Monthly FMR |
|---|---|
| Studio | $730 |
| 1 Bedroom | $790 |
| 2 Bedrooms | $980 |
| 3 Bedrooms | $1,260 |
| 4 Bedrooms | $1,290 |
| 5 Bedrooms | $1,496 |
| 6 Bedrooms | $1,676 |
| 7 Bedrooms | $1,810 |
| 8 Bedrooms | $1,901 |
U.S. Census Bureau data (2024)
The ZIP code 26339 stands out due to its unique data profile. With only 223 residents, it has one of the smallest populations among ZIP codes analyzed. Despite its small size, 4.5% of the residents rent their homes, which is a critical figure for understanding the rental market dynamics. The median income in ZIP 26339 is $80,208, indicating a relatively affluent community. However, the lack of data on median home values suggests that homeownership is either not prevalent or inconsistently reported, making it difficult to assess the overall property value trends.
Moving into the voucher economics, the Fair Market Rent (FMR) for ZIP 26339 is set at $930 for the fiscal year 2026. This figure is crucial for landlords and small-portfolio investors as it represents the maximum amount that the government will pay for housing assistance under the Section 8 program. Unfortunately, the absence of market rent data means that we cannot directly compare the FMR to current market rates. This gap in information could imply that the rental market is less active or that there's insufficient data to make an accurate assessment.
In conclusion, the data signature for ZIP 26339 reads as stable, given the consistent median income and the presence of a defined FMR. However, the lack of median home value and market rent data introduces elements of uncertainty, suggesting that while the core economic indicators are stable, the broader real estate context may be transitional. Landlords and investors should proceed with caution, focusing on the known metrics such as median income and FMR, while remaining vigilant for any changes in the local real estate landscape that could affect their investment 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.