US > West Virginia > Monroe County > Ballard, WV 24918

24918 ZIP Code Profile, Map, Data & Demographics

Related Place Profiles:
Ballard, WV
Advertisement

ZIP Code 24918: Basic Data & USPS Preferred City Name

Preferred Name, USPS
Ballard, WV 24918

  • ZIP Code Type: STANDARD
  • County: Monroe County
  • Centroid: Latitude 37.513, Longitude -80.758
  • Time Zone: Eastern Time Zone (UTC -5 hours)
  • Observes DST: Yes

ZIP Code 24918 has segments in 2 Counties (Monroe, Summers).

  • Businesses Addresses: 8
  • PO Box Addresses: 109
  • Residential Addresses: 584
    • Multi-Family Addresses: 0
    • Single Family Addresses: 584

The ZIP Code maps and database are updated 4 times per year.
Database updated: July 1, 2023, Maps updated: May 3, 2023.

Advertisement

Ballard, WV 24918 Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 1,540 (100%)
Population in Households 1,540 (100.0%)
Population in Families 1,353 (87.9%)
Population in Group Quarters1 0
Population Density 45
Diversity Index2 14
 
 

INCOME

Median Household Income $47,812
Average Household Income $62,301
% of Income for Mortgage4 19%
Per Capita Income $24,273
Wealth Index5 48
Socioeconomic Status Index6 Moderate (47.5)
 

HOUSING

Total HU (Housing Units) 706 (100%)
Owner Occupied HU 479 (67.8%)
Renter Occupied HU 121 (17.1%)
Vacant Housing Units 106 (15.0%)
Median Home Value $154,228
Average Home Value $159,342
Housing Affordability Index3 132
 

HOUSEHOLDS

Total Households 600
Average Household Size 2.57
Family Households 458
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

 2020-2023 2023-2028
Population -0.22% -0.13%
Households 0.15% 0.03%
Families   0.22%
Median Household Income   1.75%
Per Capita Income   1.98%
Owner Occupied HU   0.94%

Ballard, WV 24918 - Peer Comparisons by Rank and Percentile

The table below compares 24918 to the other 672 ZIP Codes in West Virginia by rank and percentile using July 1, 2023 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 # 218 68th
Population Density # 315 53rd
Median Household Income # 288 57th
Housing Affordability Index # 217 32nd
Per Capita Income # 427 37th
Diversity Index # 264 61st

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


Popular Places Near ZIP Code 24918


Use HTL Address Research for a West Virginia Address and get...

Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2023, data includes home values, household income, percentage of homes owned, rented or vacant, etc.



Quick & Easy Ways to...

  1. Get Current Demographic Data for Cities, Towns, and ZIP Codes
  2. View Boundary Maps, for Cities, Towns, and ZIP Codes
  3. Locate Physical, Cultural, and Historical Features

West Virginia Census Data Comparison Tool

Compare West Virginia July 1, 2023 Data
Data:
Locations:
Highest or Lowest:
Results:

More Tools and Resources:

  1. For information about schools and school attendance zones, use the HTL Address Tool
  2. Our new HTL Neighborhood Explorer provides lots of detail about any neighborhood.
  3. The new 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  4. See the References & Data Sources page for more information about methodology and sources of data.



View ALL 24918 Content

Monroe County


Advertisement



Advertisement
Advertisement

Home | About HTL | Advertise Here | References | Legal | Privacy | Contact
Copyright © 2023 HTL, Inc. All Rights Reserved.
Website Design by Blue Tangerine