Wolf Summit, WV
Population 216 · West Virginia
About Wolf Summit, WV
Wolf Summit is a small community located in West Virginia with a population of 216 residents according to the latest US Census Bureau American Community Survey data. The median household income is $34,120 per year, which is 55% below the national median of $75,149. The median age of 63.2 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 Wolf Summit features a median home value of $115,800, which is 53% below the national median of $244,900. This makes Wolf Summit one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 164 total housing units, 67% are owner-occupied (73 units) and 33% are renter-occupied (36 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Wolf Summit shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 9.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Wolf Summit have an average one-way commute time of 25 minutes.
Education & Demographics
3.7% of Wolf Summit 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, 0.0% Hispanic or Latino, 0.0% Black or African American, and 3.7% Asian residents, with 3.7% of the population being foreign-born.
Cost of Living in Wolf Summit, WV
Compared to national averages, Wolf Summit has a median household income of $34,120 (55% below the national median of $75,149). Home values average $115,800, which is 53% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within West Virginia, Wolf Summit's income is 37% below the state average of $54,014, and home values are 10% below the state median of $128,301.
Why Live in Wolf Summit, WV?
Wolf Summit offers affordable housing with a median home value of $115,800, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 9.3%, better than the national average.
Potential considerations include median household income ($34,120) that falls below the national average. However, Wolf Summit’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Wolf Summit has a population of 216 with a median age of 63.2 years. Compare Wolf Summit with other cities to see how it stacks up, or explore all cities in West Virginia.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Wolf Summit
What is the population of Wolf Summit, WV?
The population of Wolf Summit, WV is 216 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 Wolf Summit?
The median household income in Wolf Summit, WV is $34,120 per year, which is 55% below the national median of $75,149.
What is the median home value in Wolf Summit?
The median home value in Wolf Summit, WV is $115,800, which is 53% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Wolf Summit?
The median monthly rent in Wolf Summit, WV is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Wolf Summit?
The unemployment rate in Wolf Summit, WV is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Wolf Summit, WV a good place to live?
Wolf Summit offers a moderate cost of living, affordable housing, and a strong job market. With a population of 216 and a median age of 63.2, the city appeals to established professionals and retirees.
How educated is Wolf Summit, WV?
3.7% of residents in Wolf Summit 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 Wolf Summit?
Key cost-of-living indicators for Wolf Summit, WV: median home value is $115,800 (53% below national), median rent is $0/month, and median household income is $34,120. The home-value-to-income ratio is 3.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Wolf Summit?
The poverty rate in Wolf Summit, WV is 9.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Wolf Summit, WV?
Wolf Summit's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 3.7% Asian, and 0.0% two or more races. 3.7% of residents are foreign-born.