Rainelle, WV Real Estate
According to census data in the year 2000 there were 786 housing units in Rainelle.
This represents a 2.6% decline from 807 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 786 were located in what is classified as a rural area.
Homeownership rate in Rainelle is about 62.6%.
Rainelle's vacancy rate, including seasonal lodging, is about 10.6%.
Average household size is 2.17 people.
The majority of houses, apartments or condos in Rainelle were built after 1951.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 10.60% |
| Two Bedrooms | 41.30% |
| Three Bedrooms | 37.20% |
| Four Bedrooms | 8.80% |
| Five Bedrooms or more | 1.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.24 |
| Median year structure was built | 1947 |
| Median Value of occupied units | $39,400 |
| Median Price asked for vacant units | $25,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.03 |
| Median year structure was built | 1959 |
| Median Monthly Rent asked for vacant units | $255 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.60% |
| Home Equity Loan | 0% |
| Simple Mortgage | 33.80% |
| Debt Free | 61.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.1% |
