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Powellton

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

Median Home$74,100
Median Rent$691/month
Population527
Leading IndustriesWholesale Trade · Education · Public Administration12% wholesale trade
Home Value Growth⬆⬆⬆+33.9% over 2 years
Retirees23% of residentsslightly above average
Homeowners72% of occupied units
NotableAffordable Market$74k median home · lower cost than 98% of the country
NotableTransit80/100 · excellent transit access
Powellton
WV

Frequently Asked Questions

What are today's mortgage rates in Powellton?

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

The median home value in Powellton is $74k. The median monthly rent is $691. Annual property taxes average $625. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Powellton?

Home values in Powellton 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 Powellton?

Based on a typical all-in ownership cost of $664/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 Powellton is $41k/year.

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What industries drive the economy in Powellton?

The largest employment sectors in Powellton are public administration (28%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.