Housing market/West Virginia/ZIP 24874

ACS 2023 · FY2027 SAFMR

ZIP 24874 Pineville, Wyoming County, West Virginia

Wyoming 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
1,949
Households
755
Median HH income
$49,284
Renter share
27.6%
Median gross rent
$502
Vacancy
23.8%
Pop. change
-41.1%
2BR SAFMR
$940
SAFMR / rent
1.873×
2–49 unit stock
119
LIHTC proj / units
1 / 44
HUD assisted MF
1 / 44

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 24874 · WV — sent to you.

ZIP 24874 · WV

ACS median rent$502
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 24874

  • 1-unit detached66467.0%
  • 2–4 units626.3%
  • 5–49 units575.8%
  • 50+ units282.8%
  • Mobile18018.2%
TypeUnitsShare
1-unit detached66467.0%
1-unit attached00.0%
2 units (duplex)00.0%
3–4 units626.3%
5–9 units00.0%
10–19 units222.2%
20–49 units353.5%
50+ units282.8%
Mobile18018.2%

2–4 unit share 6.3% · 5–49 unit share 5.8% · combined 2–49 12.0%.

Units by bedrooms

Studio
28
1BR
23
2BR
364
3BR
484
4BR
78
5+
14

Rent burden

Rent ≥30% of income31.3%
Rent ≥50% of income0.0%
  • ACS median gross rent $502 (all bedrooms, occupied rentals).
  • Median contract rent $402.
  • Renters paying ≥30% of income 31.3%; ≥50% 0.0%.
  • FY2027 2BR SAFMR $940 (1.873× ACS median gross rent).

Population

1,949 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -41.1%.

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

Assisted inventory

  • LIHTC: 1 projects, 44 units.
  • HUD project-based assisted MF: 1 properties, 44 assisted units.
  • 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 24874 27.6% of occupied households are renters; vacancy is 23.8%; ACS median gross rent is $502; population changed -41.1% between the 2018 and 2023 ACS vintages; the housing stock includes 62 units in 2–4-unit structures and 57 units in 5–49-unit structures; 1 LIHTC projects totaling 44 units; FY2027 2BR SAFMR is $940 versus ACS median gross rent of $502. 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 24874 is a Census / HUD profile for Wyoming 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 24874?

ZIP 24874 (Wyoming County, WV) has 1,949 residents, 755 households, a renter share of 27.6%, median household income of $49,284, and ACS 2023 median gross rent of $502. Vacancy is 23.8%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 24874?

ACS counts 0 units in 2-unit buildings, 62 in 3–4 unit buildings, 0 in 5–9, 22 in 10–19, and 35 in 20–49. Combined 2–49 unit stock is 119 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 24874?

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 24874 — Pineville, WV HUD Section 8 Payment Standards / SAFMR.

Does this West Virginia ZIP profile include Georgia listings?

No. ZIP 24874 is Census / HUD research for Wyoming 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.