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Ghent

Learn about the people, housing, costs and businesses in Ghent, West Virginia

Median Home$111,100
Median Rent$961/month
Population526
Leading IndustriesManufacturing · Information & Media · Agriculture & Mining6% manufacturing
Home Value Growth⬆⬆⬆+41.3% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners84% of occupied units
Ghent
WV

Frequently Asked Questions

What are today's mortgage rates in Ghent?

As of today, the 30-year fixed mortgage rate for Ghent is approximately 6.992% (7.035% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Ghent?

The median home value in Ghent is $111k. The median monthly rent is $961. Annual property taxes average $706. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Ghent?

Home values in Ghent have increased 41.3% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Ghent?

Based on a typical all-in ownership cost of $624/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $27k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Ghent is $52k/year.

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What industries drive the economy in Ghent?

The largest employment sectors in Ghent are public administration (25%) and information and media (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.