West Virginia

McDowell County

ZIP 24844

18,413 residents6 permits TTM$29,980 median HHI34 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$49,200

ACS 5-Year

Cap rate proxy

16.7%

FMR × 0.65 ÷ Home Value

Rent-to-income

27.5%

HUD FMR ÷ ACS HHI

Net migration

+0.12%

IRS SOI

Permits (TTM)

6

Census BPS

Climate risk

76.7

FEMA NRI (0–100)

ZIP 24844

Median home value

$56,447

Gross yield

18.5%

Cap rate

14.6%

Rent gap

21.1%

Affordability

P/I: 1.9R/I:

Section 8 detail

SAFMR: $869Rent: $686Gap: 26.7%
ZIP code breakdown34 ZIP codes

Numbers repeat across most ZIPs in this county

ZIP-level home-value data isn't published for rural areas. Federal sources (Census ACS, HUD non-metro FMR) are available at the county level only, so home-value, cap-rate, and rent-gap numbers use the county estimate for every ZIP in the county.

ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
24808$49,200county est.$86921.2%16.7%21.1%
24811$49,200county est.$86921.2%16.7%21.1%
24813$49,200county est.$86921.2%16.7%21.1%
24815$49,200county est.$86921.2%16.7%21.1%
24816$49,200county est.$86921.2%16.7%21.1%

Ranked by composite score

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Demographics

Owner-occupied

75.7%

Census ACS

Vacancy rate

30.9%

Census ACS

Bachelor's degree +

5.7%

Census ACS

Rent burdened

27.1%

Census ACS (>30% income)

Median age

43.6

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026