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Flatwoods

Learn about the people, housing, costs and businesses in Flatwoods, West Virginia

Median Home$136,700
Median Rent$596/month
Population259
Leading IndustriesTransportation · Education · Healthcare6% transportation
Young Adults25% of residents
Homeowners76% of occupied units
NotableAffordable Market$137k median home · lower cost than 79% of the country
Flatwoods
WV

Frequently Asked Questions

What are today's mortgage rates in Flatwoods?

As of today, the 30-year fixed mortgage rate for Flatwoods is approximately 6.992% (7.035% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Flatwoods?

The median home value in Flatwoods is $137k. The median monthly rent is $596. Annual property taxes average $613. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in Flatwoods?

Based on a typical all-in ownership cost of $464/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $20k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Flatwoods is $44k/year.

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What industries drive the economy in Flatwoods?

The largest employment sectors in Flatwoods are healthcare (17%) and public administration (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.