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McMechen

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

Median Home$100,255
Median Rent$591/month
Population1,618
Leading IndustriesHealthcare · Arts, Food & Hospitality · Transportation14% healthcare
Home Value Growth+2.2% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners66% of occupied units
NotableAffordable Market$100k median home · lower cost than 92% of the country
NotableHighly Educated24% hold a bachelor's degree · top 21% nationally
McMechen
WV

Frequently Asked Questions

What are today's mortgage rates in McMechen?

As of today, the 30-year fixed mortgage rate for McMechen is approximately 6.887% (6.923% 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 McMechen?

The median home value in McMechen is $100k. The median monthly rent is $591. Annual property taxes average $635. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in McMechen?

Home values in McMechen have increased 2.2% over the past two years. The market has been relatively stable. 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 McMechen?

Based on a typical all-in ownership cost of $624/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $27k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in McMechen is $42k/year.

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What industries drive the economy in McMechen?

The largest employment sectors in McMechen are public administration (19%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.