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Pennsboro

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

Median Home$110,400
Median Rent$644/month
Population1,024
Leading IndustriesManufacturing · Transportation · Agriculture & Mining6% manufacturing
Young Adults29% of residentsslightly above average
Homeowners84% of occupied units
NotableAffordable Market$110k median home · lower cost than 88% of the country
NotableVeteran Community9% of residents · top 22% nationally
Pennsboro
WV

Frequently Asked Questions

What are today's mortgage rates in Pennsboro?

As of today, the 30-year fixed mortgage rate for Pennsboro is approximately 6.998% (7.041% 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 Pennsboro?

The median home value in Pennsboro is $110k. The median monthly rent is $644. Annual property taxes average $712. Home values are based on U.S. Census Bureau American Community Survey estimates.

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

Based on a typical all-in ownership cost of $494/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $21k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Pennsboro is $62k/year.

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What industries drive the economy in Pennsboro?

The largest employment sectors in Pennsboro are retail (16%) and public administration (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.