Housing market/West Virginia/ZIP 24873

ACS 2023 · FY2027 SAFMR

ZIP 24873 Paynesville, McDowell County, West Virginia

McDowell County, WV · West Virginia. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
157
Households
107
Median HH income
—
Renter share
19.6%
Median gross rent
—
Vacancy
40.9%
Pop. change
-75.4%
2BR SAFMR
$940
SAFMR / rent
—
2–49 unit stock
—
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 24873 · WV — sent to you.

ZIP 24873 · WV

2BR SAFMR$940
90% floor$846
110% ceiling$1,034

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 24873

  • 1-unit detached15786.7%
  • Mobile2413.3%
TypeUnitsShare
1-unit detached15786.7%
1-unit attached00.0%
2 units (duplex)00.0%
3–4 units00.0%
5–9 units00.0%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile2413.3%

2–4 unit share 0.0% · 5–49 unit share 0.0% · combined 2–49 0.0%.

Units by bedrooms

Studio
0
1BR
0
2BR
109
3BR
68
4BR
4
5+
0

Rent burden

Rent ≥30% of income81.0%
Rent ≥50% of income81.0%
  • Renters paying ≥30% of income 81.0%; ≥50% 81.0%.

Population

157 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -75.4%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 0 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 24873 19.6% of occupied households are renters; vacancy is 40.9%; population changed -75.4% between the 2018 and 2023 ACS vintages; the housing stock includes 0 units in 2–4-unit structures and 0 units in 5–49-unit structures. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

West Virginia research

ZIP 24873 is a Census / HUD profile for McDowell County, WV. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is West Virginia research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 24873?

ZIP 24873 (McDowell County, WV) has 157 residents, 107 households, a renter share of 19.6%, median household income of —, and ACS 2023 median gross rent of —. Vacancy is 40.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 24873?

ACS counts 0 units in 2-unit buildings, 0 in 3–4 unit buildings, 0 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is — units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 24873?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $940. See the full schedule and 90–110% payment-standard band on the ZIP 24873 — Paynesville, WV HUD Section 8 Payment Standards / SAFMR.

Does this West Virginia ZIP profile include Georgia listings?

No. ZIP 24873 is Census / HUD research for McDowell County, WV. Jeff Crowe CRE does not list West Virginia property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.