HomeWest VirginiaMonroe County
Monroe County, West Virginia: commercial real estate data.
Monroe County, West Virginia has a population of 12,386 across 473 square miles, up 0.7 percent since the 2020 census base. County output reached $309.4 m in 2024, 171 establishments operate here, and the SBA record carries 8 7(a) approvals worth $2.6 m.
104 sourced county values · tier FULL · 11 sections
Monroe County
How many people live in Monroe County
- Population12,386
- Households4,619
- Average household size2.68
- Median household income$56,750
- Median age46.2
- Median gross rent$690 per month
- Median owner-occupied home value$156,300
- Home value to household income2.8 times
- Annual rent as a share of median income14.6 percent
- Adults 25 and over with a bachelor degree or higher15.4 percent
- Adults 25 and over with a graduate degree4.5 percent
- Adults 25 and over8,946
- Population under 182,628
- Share under 1821.2 percent
- Population 65 and over3,110
- Share 65 and over25.1 percent
- Working age population, 18 to 646,648
- Civilian labor force4,845
- Unemployment rate4.8 percent
- Labor force participation, adults 18 and over49.7 percent
- Rank by population among West Virginia counties40th of 55
- Rank by population among US county-equivalents2330th
Monroe County is the 40th largest of 55 West Virginia counties by population. A median home costs 2.8 times median household income, which is an affordable ownership market by national standards. Residents 65 and over outnumber those under 18, at 25.1 percent against 21.2 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.
Monroe County
Is Monroe County growing
- Population change since the 2020 census base0.67 percent
- Census 2020 base population12,379
- Births, 2024131
- Deaths, 2024202
- Natural change, 2024-71
- Net domestic migration, 2024162
- Net international migration, 20240
- Total net migration, 2024162
- Cumulative net domestic migration, 2021 to 2024421
- Rank by growth among US county-equivalents1599th
The county has grown 0.67 percent 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.
Monroe County
Where people moving to Monroe County come from
- Tax returns filed by households arriving240
- People arriving, from those returns454
- Adjusted gross income arriving$12.7 m
- Net adjusted gross income movement$0
- Average income of an arriving household$53,113
- Largest single originMonroe County Non-migrants (4,459 households)
- Largest single destination (4,459 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Monroe County Non-migrants | 4,459 | 9,299 | $242.7 m |
| Other flows - Different State | 95 | 161 | $5.6 m |
| Other flows - South | 95 | 161 | $5.6 m |
| Greenbrier County | 49 | 103 | $1.7 m |
| Other flows - Same State | 36 | 67 | $2.4 m |
| Giles County | 34 | 76 | $1.8 m |
| Mercer County | 26 | 47 | $1.2 m |
The largest single source of arrivals is Monroe 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.
Monroe County
What the Monroe County economy runs on
- County GDP, 2024$309.4 m
- County GDP, 2023$286.3 m
- GDP change, 2023 to 20248.1 percent
- GDP change over five years25.0 percent
- Rank by GDP among West Virginia counties48th
- Rank by GDP among US county-equivalents2685th
- GDP per resident$24,980
Output grew 8.1 percent in the latest year and 25.0 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.
Monroe County
Who employs people in Monroe County
- Covered employment, annual average2,046
- Establishments reporting317
- Average annual pay$47,016
- Average weekly wage$904
- Sector 31-33, employment405
- Sector 31-33, average annual pay$53,876
- Sector 62, employment354
- Sector 62, average annual pay$38,192
- Sector 44-45, employment105
- Sector 44-45, average annual pay$21,840
- Sector 23, employment101
- Sector 23, average annual pay$48,750
- Sector 11, employment43
- Sector 54, employment42
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 31-33 | 405 | 14 | $53,876 |
| Sector 62 | 354 | 64 | $38,192 |
| Sector 44-45 | 105 | 27 | $21,840 |
| Sector 23 | 101 | 39 | $48,750 |
| Sector 11 | 43 | 22 | $45,914 |
| Sector 54 | 42 | 30 | $57,813 |
| Sector 56 | 40 | 10 | $38,643 |
| Sector 42 | 14 | 14 | $78,397 |
The largest sector is the biggest private employer group at 405 jobs, 19.8 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.
Monroe County
What businesses operate in Monroe County
- Establishments, all industries171
- Employment at those establishments1,184
- Annual payroll$46.9 m
- Establishments per 1,000 residents13.8
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.
Monroe County
What is being built in Monroe County
- Housing units authorised by permit, 20240
- Declared construction value permitted$0
- Single family units authorised0
- Multifamily units authorised0
No residential units were authorised by permit in 2024. In a small county this is common and is not by itself a sign of distress, but it does mean there is no recent residential pipeline to read demand from.
US Census Bureau, Building Permits Survey, 2024 annual.
Monroe County
How much SBA lending happens in Monroe County
- 7(a) approvals recorded8
- 7(a) gross approval dollars$2.6 m
- Average 7(a) approval$320,113
- Median 7(a) approval$115,000
- 10th percentile approval$10,000
- 90th percentile approval$1,494,400
- Largest single approval$1,494,400
- Jobs reported supported, 7(a)126
- Jobs per approval15.8
- Distinct 7(a) lenders active3
- Distinct industries receiving approvals5
- Median 7(a) term240 months
- Share of loans on real estate terms, 240 months or longer50.0 percent
- Loans on real estate terms4
- Loans on working capital terms, 120 months or shorter4
- Franchise loans0
- Franchise share of approvals0.0 percent
- Leading industry by approval countAssisted Living Facilities for the Elderly (2)
- Most active lenderFirst Community Bank (5)
The average approval of $320,113 sits well above the median of $115,000, 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. 50.0 percent of approvals run on real estate terms of 240 months or more, so this is a market where SBA credit is buying buildings, not just funding operations.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Monroe County
Do SBA loans in Monroe County get paid back
- Loans with a final outcome recorded0
- Paid in full0
- Charged off0
- Status: Exempt from disclosure7
- Status: Committed, not yet disbursed1
Too few loans have reached a final outcome to publish a charge off rate. only 0 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.
Monroe County
Which parts of Monroe County get the lending
- Places in the county with recorded lending4
- LINDSIDE, approvals3
- BALLARD, approvals2
- PETERSTOWN, approvals2
- SINKS GROVE, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| LINDSIDE | 3 | $145,500 |
| BALLARD | 2 | $146,000 |
| PETERSTOWN | 2 | $1,594,400 |
| SINKS GROVE | 1 | $675,000 |
LINDSIDE accounts for 3 approvals against 2 in BALLARD. 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.
Monroe County
How big is Monroe County
- Land area473 sq mi
- Rank by land area among West Virginia counties20th of 55
- Width, east to west35 mi
- Height, north to south24.8 mi
- Geographies sharing a boundary2
- Residents per square mile of land26
- Establishments per square mile0.36
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 Monroe 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 Monroe County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population12,386
- Households4,619
- Average household size2.68
- Median household income$56,750
- Median age46.2
Common questions
Monroe County questions, answered from the record.
How many people live in Monroe County, West Virginia?
12,386, in 4,619 households, ranking 40th of 55 West Virginia counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Monroe County growing?
The population has grown 0.67 percent since the 2020 census base. In 2024 there were 131 births against 202 deaths, with net migration of 162. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Monroe County?
$56,750. The median owner-occupied home is valued at $156,300, which is 2.8 times income, and median gross rent is $690 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Monroe County?
171 establishments, employing 1,184 people with an annual payroll of $46.9 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 Monroe County?
Average annual pay is $47,016, or $904 a week, across 2,046 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Monroe County?
8 7(a) approvals totalling $2.6 m since FY2020, across 3 lenders, with a median approval of $115,000. These are approvals recorded in the release, not loans disbursed.
What is being built in Monroe County?
No residential units were authorised by permit in 2024. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Monroe 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 Monroe County come from?
The largest single origin is Monroe County Non-migrants, with 4,459 households. Arriving households report an average income of $53,113 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 Monroe 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 Monroe 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.