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Parsons, WV Profile: Facts & Data

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Parsons, West Virginia - Basic Facts

The City of Parsons had a population of 1,335 as of July 1, 2024.

The primary coordinate point for Parsons is located at latitude 39.0965 and longitude -79.6809 in Tucker County. The formal boundaries for the City of Parsons encompass a land area of 1.11 sq. miles and a water area of 0.09 sq. miles. Tucker County is in the Eastern time zone (GMT -5).

The City of Parsons has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The City of Parsons is located within Black Fork District, a minor civil division (MCD) of Tucker County.


Jump to... (On This Page!)
  1. Parsons 2024 Demographic Data
  2. Growth Rates for Parsons (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. West Virginia Research Tools (Easy Tools & Current Data)
  3. West Virginia Data Comparison Tool - 2024 Demographics
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Parsons, WV Data & Demographics (As of July 1, 2024)

POPULATION

Total Population 1,335 (100%)
Population in Households 1,322 (99.0%)
Population in Families 1,040 (77.9%)
Population in Group Quarters1 13 ( 1.0%)
Population Density 1,189
Diversity Index2 15
 
 

INCOME

Median Household Income $45,253
Average Household Income $61,765
% of Income for Mortgage4 18%
Per Capita Income $26,989
Wealth Index5 47
Socioeconomic Status Index6 Moderate (48.4)
 

HOUSING

Total HU (Housing Units) 690 (100%)
Owner Occupied HU 449 (65.1%)
Renter Occupied HU 134 (19.4%)
Vacant Housing Units 107 (15.5%)
Median Home Value $131,250
Average Home Value $154,621
Housing Affordability Index3 146
 

HOUSEHOLDS

Total Households 583
Average Household Size 2.27
Family Households 366
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

 2020-2024 2024-2029
Population 0.14% -0.29%
Households -0.04% -0.07%
Families   -0.27%
Median Household Income   2.36%
Per Capita Income   2.85%
Owner Occupied HU   -0.63%

Parsons, WV - Peer Comparisons by Rank and Percentile

The table below compares Parsons to the other 439 incorporated cities, towns and CDPs in West Virginia by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 113 74th
Population Density # 114 74th
Median Household Income # 249 44th
Housing Affordability Index # 203 46th
Per Capita Income # 249 44th
Diversity Index # 198 55th

Additional comparisons and rankings can be made with a VERY EASY TO USE West Virginia Census Data Comparison Tool.

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