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McConnell

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

Median Home$75,400
Median Rent$695/month
Population486
Leading IndustriesManufacturing · Agriculture & Mining · Transportation6% manufacturing
Home Value Growth+5.1% over 2 years
Retirees23% of residentsslightly above average
Homeowners64% of occupied units
NotableTransit88/100 · excellent transit access
NotableAffordable Market$75k median home · lower cost than 98% of the country
McConnell
WV

Frequently Asked Questions

What are today's mortgage rates in McConnell?

As of today, the 30-year fixed mortgage rate for McConnell is approximately 7.044% (7.085% 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 McConnell?

The median home value in McConnell is $75k. The median monthly rent is $695. Annual property taxes average $463. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in McConnell?

Home values in McConnell have increased 5.1% over the past two years. This represents moderate growth. 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 McConnell?

Based on a typical all-in ownership cost of $657/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $28k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in McConnell is $54k/year.

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What industries drive the economy in McConnell?

The largest employment sectors in McConnell are public administration (26%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.