Follansbee, WV
Population 2,790 · West Virginia
About Follansbee, WV
Follansbee is a small town located in West Virginia with a population of 2,790 residents according to the latest US Census Bureau American Community Survey data. The median household income is $52,974 per year, which is 30% below the national median of $75,149. The median age of 51.4 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Follansbee features a median home value of $137,100, which is 44% below the national median of $244,900. This makes Follansbee one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $592, 49% below the national average of $1,163/month. Of the 1,524 total housing units, 63% are owner-occupied (830 units) and 37% are renter-occupied (491 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Follansbee shows an unemployment rate of 4.4%, which is near the national rate of 3.7%. The poverty rate stands at 5.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Follansbee have an average one-way commute time of 18.3 minutes, one of the shorter commutes in the region.
Education & Demographics
19.5% of Follansbee residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.2% Hispanic or Latino, 0.0% Black or African American, and 1.6% Asian residents, with 2.4% of the population being foreign-born.
How Follansbee Ranks in West Virginia
Cost of Living in Follansbee, WV
Compared to national averages, Follansbee has a median household income of $52,974 (30% below the national median of $75,149). Home values average $137,100, which is 44% below the national median. Monthly rent at $592 is 49% below the US average of $1,163. Within West Virginia, Follansbee's income is 2% below the state average of $54,014, and home values are 7% above the state median of $128,301.
Why Live in Follansbee, WV?
Follansbee offers affordable housing with a median home value of $137,100, below the US average of $244,900, and rent that’s lower than the national average at $592/month, and a low poverty rate of 5.8%, better than the national average. Additionally, the city features short commute times averaging just 18.3 minutes.
Potential considerations include median household income ($52,974) that falls below the national average. However, Follansbee’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Follansbee has a population of 2,790 with a median age of 51.4 years. Compare Follansbee with other cities to see how it stacks up, or explore all cities in West Virginia.
Similar Cities Near Follansbee
Cities in West Virginia with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Milton | 2,773 | $54,135 | $123,500 | Compare |
| Madison | 2,840 | $57,073 | $127,200 | Compare |
| Fayetteville | 2,864 | $59,659 | $165,000 | Compare |
| Sissonville | 2,706 | $58,322 | $166,300 | Compare |
| Philippi | 2,919 | $43,203 | $110,900 | Compare |
| White Sulphur Springs | 2,646 | $43,388 | $119,600 | Compare |
| Moorefield | 2,952 | $47,308 | $121,400 | Compare |
| Richwood | 2,617 | $33,614 | $67,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in West Virginia
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Follansbee With Other Cities
Frequently Asked Questions about Follansbee
What is the population of Follansbee, WV?
The population of Follansbee, WV is 2,790 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in West Virginia.
What is the median household income in Follansbee?
The median household income in Follansbee, WV is $52,974 per year, which is 30% below the national median of $75,149.
What is the median home value in Follansbee?
The median home value in Follansbee, WV is $137,100, which is 44% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Follansbee?
The median monthly rent in Follansbee, WV is $592, which is 49% below the national average of $1,163/month.
What is the unemployment rate in Follansbee?
The unemployment rate in Follansbee, WV is 4.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Follansbee, WV a good place to live?
Follansbee offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 2,790 and a median age of 51.4, the city appeals to established professionals and retirees.
How educated is Follansbee, WV?
19.5% of residents in Follansbee aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Follansbee?
Key cost-of-living indicators for Follansbee, WV: median home value is $137,100 (44% below national), median rent is $592/month, and median household income is $52,974. The home-value-to-income ratio is 2.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Follansbee?
The poverty rate in Follansbee, WV is 5.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Follansbee, WV?
Follansbee's population is 0.0% White, 0.2% Hispanic or Latino, 0.0% Black or African American, 1.6% Asian, and 0.0% two or more races. 2.4% of residents are foreign-born.