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Switzer

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

Median Home$93,506
Median Rent$782/month
Population553
Leading IndustriesProfessional Services · Manufacturing · Public Administration6% professional services
Home Value Growth+5.1% over 2 years
Retirees22% of residentsnear the national average
Homeowners84% of occupied units
NotableAffordable Market$94k median home · lower cost than 94% of the country
Switzer
WV

Frequently Asked Questions

What are today's mortgage rates in Switzer?

As of today, the 30-year fixed mortgage rate for Switzer is approximately 7.625% (7.736% 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 Switzer?

The median home value in Switzer is $94k. The median monthly rent is $782. Annual property taxes average $510. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Switzer?

Home values in Switzer 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 Switzer?

Based on a typical all-in ownership cost of $543/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $23k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Switzer is $55k/year.

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What industries drive the economy in Switzer?

The largest employment sectors in Switzer are public administration (40%) and agriculture and mining (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.