All Countries
Institute, WV
Full City Profile · West Virginia · Putnam County County
3.6
/5.0
B+
Good
690
Population
2,464/sq mi density
$47,625
Median Income
$16,807 per capita
$93,000
Home Value
$119,684 Zillow
$988
Median Rent
29.4% income on rent
54°F
Avg Temperature
297 sunny days/yr
166
Violent Crime/100K
2,404 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$47,625 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$93,000 home value, $988/mo rent
F
Safety
1.0 / 5.0
166 violent crimes/100K
A+
Education
4.6 / 5.0
45.5% bachelor's degree or higher
Housing Overview
Median Home Value
$93,000
67% below
US avg: $281,900
Median Rent
$988/mo
15% below
US avg: $1,163/mo
Homeownership Rate
77.6%
19% above US avg (65.4%)
Total Housing Units
206
Median year built: 1968
Home Value by Source
Census Median
$93,000
Zillow (ZHVI)
$119,684
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
77.6%
Owner-Occupied
22.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$714/mo
1 Bedroom
$766/mo
2 Bedroom
$945/mo
3 Bedroom
$1,231/mo
4 Bedroom
$1,380/mo
Census median rent:
$988/mo
Affordability & Housing Stock
Rent Burden
29.4%
of renters spending 30%+ of income on housing
5% below US avg (31.0%)
Median Year Built
1968
Average age of housing stock: 58 years
Homeownership Rate
77.6%
Complete Housing Data
Home Values
| Census Median Value | $93,000 |
| Zillow Home Value (ZHVI) | $119,684 |
Rent
| Census Median Rent | $988 |
| FMR Studio | $714 |
| FMR 1-Bedroom | $766 |
| FMR 2-Bedroom | $945 |
| FMR 3-Bedroom | $1,231 |
| FMR 4-Bedroom | $1,380 |
Market
Ownership & Stock
| Owner-Occupied | 77.6% |
| Renter-Occupied | 22.4% |
| Homeownership Rate | 77.6% |
| Total Housing Units | 206 |
| Median Year Built | 1968 |
| Rent Burden | 29.4% |