Pratt, WV
Population 406 · West Virginia
About Pratt, WV
Pratt is a small community located in West Virginia with a population of 406 residents according to the latest US Census Bureau American Community Survey data. The median household income is $61,042 per year, which is 19% below the national median of $75,149. The median age of 44.2 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 Pratt features a median home value of $128,700, which is 47% below the national median of $244,900. This makes Pratt one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $775, 33% below the national average of $1,163/month. Of the 176 total housing units, 77% are owner-occupied (105 units) and 23% are renter-occupied (32 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Pratt shows an unemployment rate of 11.7%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 26.5%, above the national average of 12.4%. Workers in Pratt have an average one-way commute time of 29.9 minutes.
Education & Demographics
14.9% of Pratt 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, 1.5% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Pratt, WV
Compared to national averages, Pratt has a median household income of $61,042 (19% below the national median of $75,149). Home values average $128,700, which is 47% below the national median. Monthly rent at $775 is 33% below the US average of $1,163. Within West Virginia, Pratt's income is 13% above the state average of $54,014, and home values are 0% above the state median of $128,301.
Why Live in Pratt, WV?
Pratt offers affordable housing with a median home value of $128,700, below the US average of $244,900, and rent that’s lower than the national average at $775/month.
Potential considerations include median household income ($61,042) that falls below the national average. However, Pratt’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Pratt has a population of 406 with a median age of 44.2 years. Compare Pratt with other cities to see how it stacks up, or explore all cities in West Virginia.
Similar Cities Near Pratt
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 Pratt With Other Cities
Frequently Asked Questions about Pratt
What is the population of Pratt, WV?
The population of Pratt, WV is 406 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 Pratt?
The median household income in Pratt, WV is $61,042 per year, which is 19% below the national median of $75,149.
What is the median home value in Pratt?
The median home value in Pratt, WV is $128,700, which is 47% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Pratt?
The median monthly rent in Pratt, WV is $775, which is 33% below the national average of $1,163/month.
What is the unemployment rate in Pratt?
The unemployment rate in Pratt, WV is 11.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Pratt, WV a good place to live?
Pratt offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 406 and a median age of 44.2, the city appeals to a broad range of residents.
How educated is Pratt, WV?
14.9% of residents in Pratt 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 Pratt?
Key cost-of-living indicators for Pratt, WV: median home value is $128,700 (47% below national), median rent is $775/month, and median household income is $61,042. The home-value-to-income ratio is 2.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Pratt?
The poverty rate in Pratt, WV is 26.5%, 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 Pratt, WV?
Pratt's population is 0.0% White, 1.5% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.7% two or more races. 0.0% of residents are foreign-born.