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Glen Ferris

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

Median Home$95,900
Median Rent$876/month
Population139
Leading IndustriesManufacturing · Education2% manufacturing
Home Value Growth⬆⬆⬆+33.9% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners67% of occupied units
NotableHighly Educated30% hold a bachelor's degree · top 9% nationally
Glen Ferris
WV

Frequently Asked Questions

What are today's mortgage rates in Glen Ferris?

As of today, the 30-year fixed mortgage rate for Glen Ferris 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 Glen Ferris?

The median home value in Glen Ferris is $96k. The median monthly rent is $876. Annual property taxes average $527. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Glen Ferris?

Home values in Glen Ferris have increased 33.9% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

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

Based on a typical all-in ownership cost of $533/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $23k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Glen Ferris is $49k/year.

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What industries drive the economy in Glen Ferris?

The largest employment sectors in Glen Ferris are public administration (25%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.