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Matoaka

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

Median Home$229,583
Median Rent$867/month
Population157
Leading IndustriesManufacturing · Public Administration · Wholesale Trade5% manufacturing
Home Value Growth⬆⬆+19.1% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners96% of occupied units
NotableVeteran Community11% of residents · top 9% nationally
NotableHigh Incomes$96k/year · top 20% nationally
Matoaka
WV

Frequently Asked Questions

What are today's mortgage rates in Matoaka?

As of today, the 30-year fixed mortgage rate for Matoaka is approximately 6.965% (7.007% 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 Matoaka?

The median home value in Matoaka is $230k. The median monthly rent is $867. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Matoaka?

Home values in Matoaka have increased 19.1% 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 Matoaka?

Based on a typical all-in ownership cost of $801/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Matoaka is $96k/year.

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What industries drive the economy in Matoaka?

The largest employment sectors in Matoaka are public administration (33%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.