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Raleigh County, WV

RANK #74 / 1001 NAT  ·  #2 / 11 WV  ·  POP 73,195

1YR FORECAST: +0.7%

5YR OUTLOOK: +37%

#37 Best for Investment
Our model projects Raleigh County's housing market to grow +0.7% over the next year, significantly outpacing the national average.

[01] Why Raleigh County?

The Beckley Exhibition Coal Mine, where visitors can descend into a former working mine, offers a glimpse into Raleigh County's past and is a notable local landmark. Located in southern West Virginia, Raleigh County's seat, Beckley, is one of the state's larger cities. The county is approximately an hour's drive from Charleston, West Virginia's capital. The area is characterized by its mountainous terrain and offers outdoor recreation opportunities, including Lake Stephens for boating and swimming, and Winterplace Ski Resort for winter sports. Life in Raleigh County often appeals to families and retirees, with a majority of residents owning their homes. The public school system in Raleigh County is rated above average. Recent economic developments show investment in sectors such as logistics and distribution, with new facilities creating jobs. The county also sees ongoing interest in energy and infrastructure projects. Public transportation, provided by the New River Transit Authority, serves Beckley and several other towns within Raleigh and Fayette counties.

MARKET PROFILE

Affordable Slow Markets

Raleigh County is one of 75 U.S. counties in this market profile — stronger than typical on the BoomTown Index. Within this cohort, its recent home-price change of -2.8% runs below the profile's typical +0.8%.

See all 75 Affordable Slow Markets counties →

[02] Market Snapshot

Housing Ratio
6.2x

Below national median (11.3x)

Home Prices
-2.8%

Prices declining

Climate & Terrain
-0.1

Below-average climate & terrain

Price/Rent
11x

Strong rental yield

Housing is fairly valued at 6.2x relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Raleigh General Hospital Healthcare
  2. 2
    Walmart Retail
  3. 3
    Community Health Systems Healthcare
  4. 4
    Little General Convenience Stores Retail
  5. 5
    Speedway Superamerica Retail
  6. 6
    Prudential Financial Finance
  7. 7
    West Virginia Department of Transportation Government
  8. 8
    State of West Virginia Department of Education Government
  9. 9
    Hospice Of Southern WV Inc. Healthcare
  10. 10
    Kindred At Home Healthcare

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Raleigh County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
73,195
-0.64% YoY
Median Household Income
$52,150
Median Home Value
$150,900
-2.78% 12mo
Median Rent
$902
Average Annual Pay
$55,339
+2.1% YoY
Employment
32,195
-0.4% YoY
Income-to-Home-Value
0.3456
More affordable than average
Migration Inflow
4.01%
of pop. from another state
Bachelor's Degree+
22.5%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$218,000
Days on Market
55
Moderate pace
Months of Supply
6.6
Buyer's market
Sale-to-List Ratio
95.9%
Negotiation room for buyers
Listings w/ Price Drops
21.8%
Building Permits (2025)
50
Single-Family Permits
50

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

C
SAFETY
GRADE
Homicide Rate
6.9
per 100K · nat avg 6.3
Firearm Fatalities
21.8
per 100K · nat avg 14.8
Injury Deaths
204.8
per 100K · nat avg 76.3
vs National Average
Near national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Capital Investment

$921M
TOTAL
PROJECT AMOUNT STATUS
Proposed Data Center Development (Ghent/Whitby Mountain Area)
Undisclosed
$500M Proposed
Raleigh Solar + Storage Project
Enel Green Power
$120M Proposed
Beckley Z-Way
West Virginia Division of Highways
$111M Under Construction
Raleigh Solar Project
Enel Green Power North America (formerly Dakota Renewable Energy)
$90M Under Construction
Amazon Fulfillment/Delivery Center
Amazon
$50M Operating
Glade Springs New Construction Homes (Stonehaven and Woodhaven)
CMHK Builders, Inc.
$50M Under Construction

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[07] Score Breakdown

Population Growth -0.6% 4 percentile
Income Growth +0.2% 8 percentile
Vacancy Rate 1.2% 33 percentile
Home Price Change -2.8% 7 percentile
Rent Growth +7.2% 92 percentile
Price/Rent 11x 93 percentile

Bars show percentile rank among all 1001 counties.

[08] Frequently Asked Questions

Is Raleigh County, WV a good place to move to?

Raleigh County ranks #74 out of 1001 U.S. counties on the Boom Town Index with a score of 93/100, placing it in the top tier nationally. Median household income is $52,150 and the underlying growth metrics (housing, migration, income) hold up against peer counties.

Is Raleigh County affordable?

Housing in Raleigh County is roughly in line with national affordability norms. The median home costs $150,900 and the income-to-home-value ratio sits at 0.35, with rents averaging $902/month. Not a bargain, but not a stretch for most local earners either.

Is Raleigh County growing or shrinking?

Raleigh County is losing population (-0.6% YoY) while the job market is essentially flat (-0.4% employment change). Home values are -2.8% over the past 12 months. A slow-bleed pattern — not a collapse, but residents are leaving faster than employers are hiring.

Are people moving to Raleigh County?

There's a moderate stream of newcomers. About 4.01% of residents moved from another state, which is above average and suggests Raleigh County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[09] Similar Counties by Size & Score

Mercer County, WV 99 Harrison County, WV 78 Cabell County, WV 71 Monongalia County, WV 70 Berkeley County, WV 66 Kanawha County, WV 66 Lea County, NM 93 Lee County, NC 93