Grantsville, WV
Population 554 · West Virginia
About Grantsville, WV
Grantsville is a small community located in West Virginia with a population of 554 residents according to the latest US Census Bureau American Community Survey data. The median household income is $28,750 per year, which is 62% below the national median of $75,149. The median age of 38.8 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Grantsville features a median home value of $75,800, which is 69% below the national median of $244,900. This makes Grantsville one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $283, 76% below the national average of $1,163/month. Of the 296 total housing units, 73% are owner-occupied (138 units) and 27% are renter-occupied (51 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Grantsville shows an unemployment rate of 22.0%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 45.9%, above the national average of 12.4%. Workers in Grantsville have an average one-way commute time of 25.3 minutes.
Education & Demographics
10.6% of Grantsville 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, 1.3% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.4% of the population being foreign-born.
How Grantsville Ranks in West Virginia
Cost of Living in Grantsville, WV
Compared to national averages, Grantsville has a median household income of $28,750 (62% below the national median of $75,149). Home values average $75,800, which is 69% below the national median. Monthly rent at $283 is 76% below the US average of $1,163. Within West Virginia, Grantsville's income is 47% below the state average of $54,014, and home values are 41% below the state median of $128,301.
Why Live in Grantsville, WV?
Grantsville offers affordable housing with a median home value of $75,800, below the US average of $244,900, and rent that’s lower than the national average at $283/month.
Potential considerations include median household income ($28,750) that falls below the national average. However, Grantsville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Grantsville has a population of 554 with a median age of 38.8 years. Compare Grantsville with other cities to see how it stacks up, or explore all cities in West Virginia.
Similar Cities Near Grantsville
Cities in West Virginia with a similar population size.
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 Grantsville With Other Cities
Frequently Asked Questions about Grantsville
What is the population of Grantsville, WV?
The population of Grantsville, WV is 554 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in West Virginia.
What is the median household income in Grantsville?
The median household income in Grantsville, WV is $28,750 per year, which is 62% below the national median of $75,149.
What is the median home value in Grantsville?
The median home value in Grantsville, WV is $75,800, which is 69% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Grantsville?
The median monthly rent in Grantsville, WV is $283, which is 76% below the national average of $1,163/month.
What is the unemployment rate in Grantsville?
The unemployment rate in Grantsville, WV is 22.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Grantsville, WV a good place to live?
Grantsville offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 554 and a median age of 38.8, the city appeals to a broad range of residents.
How educated is Grantsville, WV?
10.6% of residents in Grantsville 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 Grantsville?
Key cost-of-living indicators for Grantsville, WV: median home value is $75,800 (69% below national), median rent is $283/month, and median household income is $28,750. The home-value-to-income ratio is 2.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Grantsville?
The poverty rate in Grantsville, WV is 45.9%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Grantsville, WV?
Grantsville's population is 0.0% White, 1.3% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.5% two or more races. 0.4% of residents are foreign-born.