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Scarbro

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

Median Home$87,500
Median Rent$639/month
Population433
Leading IndustriesProfessional Services · Manufacturing · Transportation8% professional services
Home Value Growth⬆⬆⬆+33.9% over 2 years
Retirees24% of residentsslightly above average
Homeowners79% of occupied units
NotableAffordable Market$88k median home · lower cost than 95% of the country
NotableVeteran Community11% of residents · top 9% nationally
Scarbro
WV

Frequently Asked Questions

What are today's mortgage rates in Scarbro?

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

The median home value in Scarbro is $88k. The median monthly rent is $639. Annual property taxes average $478. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Scarbro?

Home values in Scarbro 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 Scarbro?

Based on a typical all-in ownership cost of $489/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 Scarbro is $46k/year.

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What industries drive the economy in Scarbro?

The largest employment sectors in Scarbro are public administration (24%) and wholesale trade (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.