HomeWest VirginiaMineral County
Mineral County, West Virginia: commercial real estate data.
Mineral County, West Virginia had an estimated 26,778 residents on July 1, 2024, down 0.6 percent since the 2020 census base of 26,942, across 328 square miles. 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 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Mineral County
How many people live in Mineral County
- Population, American Community Survey 2020-202426,854
- 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-equivalents, Puerto Rico included1585th of 3,222
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 affordable 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 story product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Mineral County
Is Mineral County's population growing?
- Population, July 1, 202426,778
- Census 2020 base population26,942
- Population change since the 2020 census base-0.61 percent
- Population change, 2023 to 2024-28
- 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 of 3,144
The county has lost 0.61 percent of its population since the 2020 census base. Deaths exceeded births in 2024 by more than net migration added, so the population fell even though more people moved in than left.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Mineral County
Where are people moving to Mineral County from?
- Tax returns filed by households arriving515
- People arriving, from those returns939
- Tax returns filed by households leaving448
- Net household movement67
- Adjusted gross income arriving$29.6 m
- Net adjusted gross income movement$8.9 m
- Average income of an arriving household$57,534
- Average income of a leaving household$46,234
- Largest single originAllegany County (142 households)
- Largest single destinationAllegany County (140 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Allegany County | 142 | 275 | $7.7 m |
| Hampshire County | 56 | 107 | $1.8 m |
| Garrett County | 20 | 42 | $994,000 |
Households arriving report $11,300 more average income than households leaving, so the migration is raising local spending power rather than just moving it around. The largest single source of arrivals is Allegany County, 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 is the Mineral County economy?
- 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 the West Virginia areas BEA publishes26th of 55
- Rank by GDP among the US county areas BEA publishes1791st of 3,127
- 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
Employment by industry in Mineral County
- Covered employment, annual average8,694
- Establishments reporting704
- Average annual pay$54,612
- Average weekly wage$1,050
- Manufacturing, employment1,969
- Manufacturing, average annual pay$82,857
- Retail trade, employment1,021
- Retail trade, average annual pay$34,211
- Accommodation and food services, employment425
- Accommodation and food services, average annual pay$16,336
- Professional, scientific and technical services, employment389
- Professional, scientific and technical services, average annual pay$43,814
- Construction, employment382
- Other services, except public administration, employment200
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Manufacturing | 1,969 | 12 | $82,857 |
| Retail trade | 1,021 | 78 | $34,211 |
| Accommodation and food services | 425 | 50 | $16,336 |
| Professional, scientific and technical services | 389 | 67 | $43,814 |
| Construction | 382 | 48 | $62,091 |
| Other services, except public administration | 200 | 43 | $28,908 |
| Wholesale trade | 189 | 38 | $60,290 |
| Finance and insurance | 149 | 30 | $49,863 |
Manufacturing is the largest private sector at 1,969 jobs, 22.6 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Mineral County
How many businesses are 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. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Mineral County
Building permits in Mineral County
- Housing units authorized by permit, 202464
- Declared construction value permitted$14.9 m
- Single family units authorized56
- Multifamily units authorized8
- Multifamily share of units12.5 percent
- Average declared value per unit$233,444
- Units authorized per 1,000 households5.8
Single-family homes are 87.5 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Mineral County
SBA loans in Mineral County (7(a) and 504)
- 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
- Most active lenderManufacturers and Traders Trust Company (13)
The average approval of $110,414 sits well above the median of $44,800, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here 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
SBA loan default and charge-off rates in 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
Only 6 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Mineral County
SBA lending by place in Mineral County
- Borrower cities with recorded lending5
- Keyser, approvals7
- Burlington, approvals5
- Ridgeley, approvals5
- Fort Ashby, approvals2
- Wiley Ford, approvals2
| Borrower city | 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 large 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 boundary4
- 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.
Mineral County
Flood risk in Mineral County
- Participation of the county's own NFIP community Mineral County, unincorporated areasParticipating, community 540129
- Communities in the county in the NFIP Community Status Book5
- Of those, participating in the NFIP4
- NFIP participation rate80.0 percent
- Communities carrying a CRS class0
- Radon levels in Mineral County, EPA zone predicted average indoor radon screening level greater than 4 pCi/LZone 1
The county's own community in the status book, unincorporated Mineral County (community 540129), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Mineral County in radon zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. 80.0 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
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.
- Population, American Community Survey 2020-202426,854
- 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?
The Census Bureau estimates 26,778 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 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's population growing?
The population has fallen 0.61 percent since the 2020 census base of 26,942, to 26,778 on July 1, 2024. 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 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 employment by industry in Mineral County?
Manufacturing is the largest private sector at 1,969 jobs, 22.6 percent of covered employment. Covered employment averages 8,694 jobs at an average annual pay of $54,612, or $1,050 a week. 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 totaling $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.
How many building permits were issued in Mineral County?
64 housing units were authorized 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 Allegany County, with 142 households. Arriving households report an average income of $57,534 against $46,234 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?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Mineral County
Cities and places in Mineral.
8 Census places lie wholly or partly in Mineral County. All 8 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Keyser | city | 4,857 | 7 | Wholly in this county |
| Fort Ashby | CDP | 1,283 | 2 | Wholly in this county |
| Carpendale | town | 1,035 | None recorded | Wholly in this county |
| Piedmont | town | 735 | None recorded | Wholly in this county |
| Wiley Ford | CDP | 630 | 2 | Wholly in this county |
| Ridgeley | town | 239 | 5 | Wholly in this county |
| Elk Garden | town | 212 | None recorded | Wholly in this county |
| Burlington | CDP | 94 | 5 | Wholly in this county |