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Idamay

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

Median Home$115,900
Median Rent$937/month
Population469
Leading IndustriesInformation & Media · Public Administration · Professional Services10% information & media
Home Value Growth⬆⬆+14.1% over 2 years
Retirees30% of residentswell above average
Homeowners89% of occupied units
Idamay
WV

Frequently Asked Questions

What are today's mortgage rates in Idamay?

As of today, the 30-year fixed mortgage rate for Idamay 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 Idamay?

The median home value in Idamay is $116k. The median monthly rent is $937. Annual property taxes average $816. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Idamay?

Home values in Idamay have increased 14.1% 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 Idamay?

Based on a typical all-in ownership cost of $491/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $21k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Idamay is $66k/year.

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What industries drive the economy in Idamay?

The largest employment sectors in Idamay are public administration (31%) and information and media (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.