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West Virginia · Census place 62284

Parsons city, WV

Quick answer

Parsons city has 1,481 residents, ranking #103 of 439 places in West Virginia. Median household income is $44,375, the median home is worth $101,500 and median gross rent runs $808 a month.

Population
1,481Parsons city residents
Median household income
$44,375Past 12 months, inflation adjusted
Median home value
$101,500Owner-occupied units
Median gross rent
$808Rent plus utilities, monthly
Median age
46.6 yrsAll residents
Homeownership rate
72.5%Owner-occupied households

What the numbers mean in Parsons city

Housing cost measured against local earnings.

A household earning the Parsons city median would spend about 21.9% 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 2.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 21.3% of residents and 72.5% 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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