24962 ZIP Code Profile, Map, Data & Demographics

Related Place Profiles:
Pence Springs, WV

ZIP Code 24962: Basic Data & USPS Preferred City Name

Preferred Name, USPS
Pence Springs, WV 24962

  • ZIP Code Type: STANDARD
  • County: Summers County
  • Centroid: Latitude 37.67, Longitude -80.711
  • Time Zone: Eastern Time Zone (UTC -5 hours)
  • Observes DST: Yes
  • Businesses Addresses: 0
  • PO Box Addresses: 0
  • Residential Addresses: 62
    • Multi-Family Addresses: 0
    • Single Family Addresses: 62

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


Pence Springs, WV 24962 Data & Demographics (As of July 1, 2022)


Total Population 188 (100%)
Population in Households 114 (60.6%)
Population in Families 96 (51.1%)
Population in Group Quarters1 74 (39.4%)
Population Density 27
Diversity Index2 34


Median Household Income $50,677
Average Household Income $59,126
% of Income for Mortgage4 8%
Per Capita Income $16,546
Wealth Index5 44


Total HU (Housing Units) 101 (100%)
Owner Occupied HU 53 (52.5%)
Renter Occupied HU 20 (19.8%)
Vacant Housing Units 28 (27.7%)
Median Home Value $78,846
Average Home Value $105,189
Housing Affordability Index3 340


Total Households 73
Average Household Size 1.56
Family Households 52
Average Family Size 2.00
  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.


2020-2022 2022-2027
Population -1.61% -0.54%
Households -2.90% -0.84%
Families   -0.78%
Median Household Income   0.79%
Per Capita Income   1.36%
Owner Occupied HU   -0.77%

Pence Springs, WV 24962 - Peer Comparisons by Rank and Percentile

The table below compares 24962 to the other 668 ZIP Codes in West Virginia by rank and percentile using July 1, 2022 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 # 564 16th
Population Density # 438 35th
Median Household Income # 237 65th
Housing Affordability Index # 613 92nd
Per Capita Income # 640 4th
Diversity Index # 39 94th

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

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