HomeWest VirginiaMineral County
Mineral County, West Virginia: commercial real estate data.
Mineral County, West Virginia has a population of 26,854 across 328 square miles, down 0.6 percent since the 2020 census base. County output reached $1.07 bn in 2024, 456 establishments operate here, and the SBA record carries 21 7(a) approvals worth $2.3 m.
110 sourced county values · tier FULL · 11 sections
Mineral County
How many people live in Mineral County
- Population26,854
- Households11,120
- Average household size2.41
- Median household income$69,375
- Median age44.6
- Median gross rent$809 per month
- Median owner-occupied home value$180,400
- Home value to household income2.6 times
- Annual rent as a share of median income14.0 percent
- Adults 25 and over with a bachelor degree or higher23.7 percent
- Adults 25 and over with a graduate degree11.4 percent
- Adults 25 and over19,488
- Population under 185,406
- Share under 1820.1 percent
- Population 65 and over6,071
- Share 65 and over22.6 percent
- Working age population, 18 to 6415,377
- Civilian labor force11,966
- Unemployment rate6.6 percent
- Labor force participation, adults 18 and over55.8 percent
- Rank by population among West Virginia counties22nd of 55
- Rank by population among US county-equivalents1585th
Mineral County is the 22nd largest of 55 West Virginia counties by population. A median home costs 2.6 times median household income, which is an affordable ownership market by national standards. Residents 65 and over outnumber those under 18, at 22.6 percent against 20.1 percent, which points demand at health care, services and single storey product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Mineral County
Is Mineral County growing
- Population change since the 2020 census base-0.61 percent
- Census 2020 base population26,942
- Births, 2024273
- Deaths, 2024364
- Natural change, 2024-91
- Net domestic migration, 202469
- Net international migration, 2024-5
- Total net migration, 202464
- Cumulative net domestic migration, 2021 to 2024489
- Rank by growth among US county-equivalents2061st
The county has lost 0.61 percent of its population since the 2020 census base. Deaths exceeded births in 2024, so all of the growth came from people moving in. A market held up by migration alone is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Mineral County
Where people moving to Mineral County come from
- Tax returns filed by households arriving515
- People arriving, from those returns939
- Adjusted gross income arriving$29.6 m
- Net adjusted gross income movement$0
- Average income of an arriving household$57,534
- Largest single originMineral County Non-migrants (10,698 households)
- Largest single destination (10,698 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Mineral County Non-migrants | 10,698 | 21,200 | $665.3 m |
| Other flows - Different State | 196 | 338 | $14.8 m |
| Allegany County | 142 | 275 | $7.7 m |
| Other flows - South | 127 | 232 | $8.0 m |
| Other flows - Same State | 101 | 177 | $4.4 m |
| Hampshire County | 56 | 107 | $1.8 m |
| Other flows - Northeast | 49 | 72 | $5.7 m |
| Garrett County | 20 | 42 | $994,000 |
The largest single source of arrivals is Mineral County Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Mineral County
What the Mineral County economy runs on
- County GDP, 2024$1.07 bn
- County GDP, 2023$1.01 bn
- GDP change, 2023 to 20246.5 percent
- GDP change over five years19.4 percent
- Rank by GDP among West Virginia counties26th
- Rank by GDP among US county-equivalents1791st
- GDP per resident$39,953
Output grew 6.5 percent in the latest year and 19.4 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Mineral County
Who employs people in Mineral County
- Covered employment, annual average8,694
- Establishments reporting704
- Average annual pay$54,612
- Average weekly wage$1,050
- Sector 31-33, employment1,969
- Sector 31-33, average annual pay$82,857
- Sector 44-45, employment1,021
- Sector 44-45, average annual pay$34,211
- Sector 72, employment425
- Sector 72, average annual pay$16,336
- Sector 54, employment389
- Sector 54, average annual pay$43,814
- Sector 23, employment382
- Sector 81, employment200
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 31-33 | 1,969 | 12 | $82,857 |
| Sector 44-45 | 1,021 | 78 | $34,211 |
| Sector 72 | 425 | 50 | $16,336 |
| Sector 54 | 389 | 67 | $43,814 |
| Sector 23 | 382 | 48 | $62,091 |
| Sector 81 | 200 | 43 | $28,908 |
| Sector 42 | 189 | 38 | $60,290 |
| Sector 52 | 149 | 30 | $49,863 |
The largest sector is the biggest private employer group at 1,969 jobs, 22.6 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Mineral County
What businesses operate in Mineral County
- Establishments, all industries456
- Employment at those establishments6,849
- Annual payroll$329.0 m
- Establishments per 1,000 residents17.0
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Mineral County
What is being built in Mineral County
- Housing units authorised by permit, 202464
- Declared construction value permitted$14.9 m
- Single family units authorised56
- Multifamily units authorised8
- Multifamily share of units12.5 percent
- Average declared value per unit$233,444
- Units authorised per 1,000 households5.8
Multifamily is 12.5 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Mineral County
How much SBA lending happens in Mineral County
- 7(a) approvals recorded21
- 7(a) gross approval dollars$2.3 m
- Average 7(a) approval$110,414
- Median 7(a) approval$44,800
- 10th percentile approval$15,000
- 90th percentile approval$150,000
- Largest single approval$1,124,300
- Jobs reported supported, 7(a)46
- Jobs per approval2.2
- Distinct 7(a) lenders active6
- Distinct industries receiving approvals15
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer9.5 percent
- Loans on real estate terms2
- Loans on working capital terms, 120 months or shorter19
- Franchise loans2
- Franchise share of approvals9.5 percent
- Leading industry by approval countConsumer Electronics and Appliances Rental (2)
- Most active lenderManufacturers and Traders Trust Company (13)
The average approval of $110,414 sits well above the median of $44,800, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually gets. Only 9.5 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Mineral County
Do SBA loans in Mineral County get paid back
- Loans with a final outcome recorded6
- Paid in full6
- Charged off0
- Status: Paid in full6
- Status: Exempt from disclosure11
- Status: Cancelled3
- Status: Committed, not yet disbursed1
Too few loans have reached a final outcome to publish a charge off rate. only 6 resolved loans, too few to publish a rate. A rate computed on a handful of loans is noise, so none is shown.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Mineral County
Which parts of Mineral County get the lending
- Places in the county with recorded lending5
- KEYSER, approvals7
- BURLINGTON, approvals5
- RIDGELEY, approvals5
- Fort Ashby, approvals2
- WILEY FORD, approvals2
| Place | Approvals | Gross approval dollars |
|---|---|---|
| KEYSER | 7 | $542,100 |
| BURLINGTON | 5 | $1,317,100 |
| RIDGELEY | 5 | $235,000 |
| Fort Ashby | 2 | $164,500 |
| WILEY FORD | 2 | $60,000 |
KEYSER accounts for 7 approvals against 5 in BURLINGTON. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Mineral County
How big is Mineral County
- Land area328 sq mi
- Rank by land area among West Virginia counties40th of 55
- Width, east to west33.3 mi
- Height, north to south26.9 mi
- Geographies sharing a boundary2
- Residents per square mile of land82
- Establishments per square mile1.39
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No 504 approvals recorded in this county in the FOIA release covering FY2010 onward.
- No NFIP communities are listed for this county in the FEMA Community Status Book.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Mineral County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Mineral County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population26,854
- Households11,120
- Average household size2.41
- Median household income$69,375
- Median age44.6
Common questions
Mineral County questions, answered from the record.
How many people live in Mineral County, West Virginia?
26,854, in 11,120 households, ranking 22nd of 55 West Virginia counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Mineral County growing?
The population has fallen 0.61 percent since the 2020 census base. In 2024 there were 273 births against 364 deaths, with net migration of 64. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Mineral County?
$69,375. The median owner-occupied home is valued at $180,400, which is 2.6 times income, and median gross rent is $809 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Mineral County?
456 establishments, employing 6,849 people with an annual payroll of $329.0 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Mineral County?
Average annual pay is $54,612, or $1,050 a week, across 8,694 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Mineral County?
21 7(a) approvals totalling $2.3 m since FY2020, across 6 lenders, with a median approval of $44,800. These are approvals recorded in the release, not loans disbursed.
What is being built in Mineral County?
64 housing units were authorised by permit in 2024, with a declared construction value of $14.9 m. Multifamily was 12.5 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Mineral County?
Zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Mineral County come from?
The largest single origin is Mineral County Non-migrants, with 10,698 households. Arriving households report an average income of $57,534 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Mineral County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Mineral County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.