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West Virginia · Census place 58300

Newburg town, WV

Quick answer

Newburg town has 225 residents, ranking #324 of 439 places in West Virginia. Median household income is $49,559, the median home is worth $45,600 and median gross rent runs $875 a month.

Population
225Newburg town residents
Median household income
$49,559Past 12 months, inflation adjusted
Median home value
$45,600Owner-occupied units
Median gross rent
$875Rent plus utilities, monthly
Median age
58.8 yrsAll residents
Homeownership rate
86.4%Owner-occupied households

What the numbers mean in Newburg town

Housing cost measured against local earnings.

A household earning the Newburg town median would spend about 21.2% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 0.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 12.9% of residents and 86.4% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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