Interested in purchasing investment houses in the 24801 zip code in Welch, WV?
The zip code 24801 is in McDowell county with a latitude of -81.577620000000 and longitude of 37.442620000000, is in the state of West Virginia. The average asking price of houses and condos is $85,600.00 and the average sale price was $108,081.00. this regions is classified as the Bluefield metro area and consists of the following area codes: 304 and 681. The location in degrees is 37° 26' 33.432" N, 81° 34' 39.432" W. The county F.I.P.S. is 54047. The total land area is 54.9 square miles and the water area is 0.1 square miles. The elevation in this area is 1591 - 2500 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 24801 is in county number 047 and is L. Sector 00, L. Segment 01, H. Sector 20, and H. Segment 20. The population was 4,095 in 2019 and 3,858 in 2010. Of this, the break down in 2019 was 2,191 urban and 1,903 rural. This further breaks down to 2,656 males (64.9%) and 1,437 females (35.1%). The median age of residents is 42.3 years. The population density (people per square mile) is 75. This zip code has a combined total of 1,863 houses and condos. There are 285 rented appartments. 22% of residents rent versus the 22% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $40,794 and the average salary is $36,974. The median household income of individuals is $22,761.00 and the average is $43,080.00. This zip code has a mean commute time to work of 18.7 minutes. The unemployment rate is 5.7%. Income earners by percent breakdown as 79.30% (Under $50,000), 16.90% ($50,000-$100,000), and 3.80% earn over $100,000. 25.3% of residents live below poverty line versus the 16.0% in the state that are below this line. The cost of living index is 79.0. The educational breakdown is 79.5% have a high school education or higher, 7.7% have a bachelor's degree or higher, and 4.4% have some kind of profesional degree.
This area has 1,569 households and the average size is 2.1 people. Individuals who are single and have never been married are 36.2%, 35.9% are now married, 4.9% are separated, 7.3% are widowed, and 15.8% are divorced. The average yearly contribution amount given by people to charity was $4,800 versus the state average of $4,508. The percent of residents who gave to charity was 4.3%.
The estimated median value of houses and condos is $60,042. The median monthly owner costs of mortgage holders was $852, where as the costs for those who don't have a mortgage are $297. The median number of rooms in houses and condos are 6.1 versus apartments which had a median number of 5.1.
The real estate tax percent rate is 0.6% which equated to an average real estate tax amount payment of $336. In comparision, the average real estate tax percent rate in the state is 0.6% which equated to an average real estate tax amount payment in the state of $711. The median housing property tax percent for residents with mortgages was 0.6% which amounted to an average tax amount of $428. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.5% which amounted to an average tax amount of $231. Reported taxable interest for persons was $1,818, dividends $6,956, capital gains +$600, and itemized deductions $18,300. The average earned income tax credit is $2,418. The percent of individuals that use a tax preparer is 51.1%. The total average income taxes paid by individuals was $7,278. Businesses reported an average profit of $10,456.
Billo's Italian Restaurant
1 US Route 52 N, Welch, WV 24801
Spike's Dog House
12673 Coal Heritage Rd, Roderfield, WV 24801
Wing Street
1021 Virginia Ave, Welch, WV 24801
Raymond's Restaurant & Catering
24 Mcdowell St, Welch, WV 24801
Chop Shop
845 Stewart St, Welch, WV 24801
Champs Chicken
13 Elkhorn St, Welch, WV 24801
Sterling Drive In
788 Stewart St, Welch, WV 24801
Coal Grill & Bar
24 Mcdowell St, Welch, WV 24801
The Sweet Spot Bakery
21 Bank St, Welch, WV 24801
Riverside Cafe & Bakery
751 Riverside Dr, Welch, WV 24801
Ya'sou Restaurant
138 Main St, Kimball, WV 24853 (3.2 miles away)
Godfather's Pizza
12745 Coal Heritage Rd, Roderfield, WV 24881 (6.8 miles away)
Cucumber
7836 Rocket Boys Dr, Cucumber, WV 24826 (6.8 miles away)
Godfather's Pizza
1586 Mountaineer Hwy, Bradshaw, WV 24817 (6.8 miles away)
Shupesters
104 W Main St, Northfork, WV 24868 (7.2 miles away)