ZIP code 24701

ZIP 24701 is a mid-size town in Mercer County, West Virginia, with 17,943 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #17 of 738 ranked by population — larger than 97% of them. The median age here is 45.3 years against 39.1 nationally, a markedly older profile that usually tracks retirees staying put and younger households leaving for work. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.

Households in ZIP 24701 earn a median of $44,188 a year, 43.7% below the national figure of $78,538. Median household income counts every pre-tax dollar arriving at an address — wages, self-employment, Social Security, pensions, interest and public assistance — for everyone living there, so multi-earner households pull the figure up even where individual pay is modest. Poverty reaches 18.1% of residents here, above the 12.4% national rate.

The typical owner-occupied home in ZIP 24701 is valued at $100,000, 67% below the national figure, while median gross rent runs $775 a month, 44.9% below the national figure, or roughly $9,300 across a full year. A household on the local median income would put about 21% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is within the standard affordability guideline. The home-price-to-income ratio works out to 2.3×, against roughly 3.9× nationally, so purchase prices are unusually low against local pay, the pattern in places where supply is plentiful and wage growth has been flat. 63.5% of occupied homes are owner-occupied versus 65% nationally, so the market leans more heavily on renters. Gross rent folds in the utilities a tenant pays separately, so it is closer to the real monthly outlay than a headline rent figure.

No figure on this page is estimated by us; each one comes straight from the published ACS tables for this area. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

ZIP 24701 is tabulated inside Mercer County, West Virginia, one of 17 ZIP areas the Census publishes for that county and 738 across West Virginia. This is a mid-sized suburban ZIP inside a county that is split across many delivery areas. County assignment on this page follows the largest share of the ZIP's land area, which matters where a delivery route crosses a county line: mail addressed to 24701 can be handled by a post office in a neighbouring county even though the tabulation area is filed here.

Against its own county, 24701 reports a median household income of $44,188, 12% below the $50,184 county median, and 19% below the $54,285 typical WV ZIP. Owner-occupied homes are valued at a median of $100,000, 30% below the county figure and 17% below the statewide ZIP median. Rent is reported gross — the contract amount plus tenant-paid utilities — at $775 a month, which is why it reads higher than the advertised rent on a listing for the same unit.

West Virginia charges 6% statewide, and local governments overlapping 24701 may add county, city or special-district levies on top. We publish the state floor for this ZIP rather than guessing a combined figure, because ZIP boundaries and taxing-district boundaries were drawn for different purposes and do not line up.

Everything above comes from the Census Bureau American Community Survey 2019-2023 ACS 5-year estimates for this ZIP Code Tabulation Area, with sales tax rates traced to the state revenue agency. Five-year estimates pool sixty months of responses, so they are stable enough to compare 24701 with its neighbours but always trail the current year, and any value the Census suppressed for sample size is shown as unpublished rather than filled in with a model.