Housing market/West Virginia/ZIP 26261

ACS 2023 · FY2027 SAFMR

ZIP 26261 Richwood, Nicholas County, West Virginia

Nicholas County, WV · West Virginia. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
3,115
Households
1,225
Median HH income
$34,255
Renter share
18.0%
Median gross rent
$628
Vacancy
30.2%
Pop. change
+24.8%
2BR SAFMR
$940
SAFMR / rent
1.497×
2–49 unit stock
147
LIHTC proj / units
—
HUD assisted MF
1 / 33

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 26261 · WV — sent to you.

ZIP 26261 · WV

ACS median rent$628
2BR SAFMR$940
90% floor$846
110% ceiling$1,034

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 26261

  • 1-unit detached1,44482.3%
  • 2–4 units1237.0%
  • 5–49 units241.4%
  • Mobile1639.3%
TypeUnitsShare
1-unit detached1,44482.3%
1-unit attached00.0%
2 units (duplex)573.2%
3–4 units663.8%
5–9 units171.0%
10–19 units00.0%
20–49 units70.4%
50+ units00.0%
Mobile1639.3%

2–4 unit share 7.0% · 5–49 unit share 1.4% · combined 2–49 8.4%.

Units by bedrooms

Studio
0
1BR
174
2BR
326
3BR
1,081
4BR
133
5+
40

Rent burden

Rent ≥30% of income29.5%
Rent ≥50% of income26.4%
  • ACS median gross rent $628 (all bedrooms, occupied rentals).
  • Median contract rent $413.
  • Renters paying ≥30% of income 29.5%; ≥50% 26.4%.
  • FY2027 2BR SAFMR $940 (1.497× ACS median gross rent).

Population

3,115 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +24.8%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: 1 properties, 33 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 0 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 26261 18.0% of occupied households are renters; vacancy is 30.2%; ACS median gross rent is $628; population increased +24.8% between the 2018 and 2023 ACS vintages; the housing stock includes 123 units in 2–4-unit structures and 24 units in 5–49-unit structures; FY2027 2BR SAFMR is $940 versus ACS median gross rent of $628. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

West Virginia research

ZIP 26261 is a Census / HUD profile for Nicholas County, WV. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is West Virginia research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 26261?

ZIP 26261 (Nicholas County, WV) has 3,115 residents, 1,225 households, a renter share of 18.0%, median household income of $34,255, and ACS 2023 median gross rent of $628. Vacancy is 30.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 26261?

ACS counts 57 units in 2-unit buildings, 66 in 3–4 unit buildings, 17 in 5–9, 0 in 10–19, and 7 in 20–49. Combined 2–49 unit stock is 147 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 26261?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $940. See the full schedule and 90–110% payment-standard band on the ZIP 26261 — Richwood, WV HUD Section 8 Payment Standards / SAFMR.

Does this West Virginia ZIP profile include Georgia listings?

No. ZIP 26261 is Census / HUD research for Nicholas County, WV. Jeff Crowe CRE does not list West Virginia property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.