McDowell County, WV
FIPS: 54047
Median HAM
2.0x
Low
Jul 2023
Minimum HAM
4.8x
Moderate
Jan 2026
HAM Burden
No data
Not enough historical data to show a trend chart for this county.
Economic Profile
BEA GDP data (2024)
GDP Per Capita
$38,084
National avg: ~$82,000
Total GDP
$728M
Thousands of current $
Population
19,111
2020 Census
Top Industries by GDP
Mining, quarrying, and oil and gas extraction41.6%
Government and government enterprises21.1%
Transportation and warehousing5.0%
Retail trade3.6%
Health care and social assistance3.2%
Data Breakdown
Median HAM
Data as of Jul 2023
Median Home Price
$49,200
Census ACS
Gross Median Income
$30,400
Census ACS
Net Median Income
$24,890
Calculated
Median HAM
1.98x
Minimum HAM
Data as of Jan 2026
Median Home Price
$75,000
Redfin
Min Wage (Hourly)
$8.75/hr
State labor data
Net Min Wage Income
$15,538
Calculated
Minimum HAM
4.83x
Methodology: HAM = Home Price / Net Annual Income. Net income assumes single filer, standard deduction, 2,080 hrs/yr for minimum wage. Federal + state tax + FICA deducted. Home price source priority: Zillow ZHVI > Redfin > Census ACS.