Quick facts: Bluefield, WV

Quick Facts

85.2
Cost of Living
below US average
9,408
Population
14.77
Crime Rate per 1000
below US average
$45,854
Median Income
below US average
$137,000
Median House Price
above US average
$895.0
Average Rent
below US average
12%
Poverty Rate
above US average
3.1%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $45,854.

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Income Needed to Buy

βœ“ Affordable
$43k/year
Based on $137,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($45,854) exceeds requirement
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Income Needed to Rent

βœ“ Affordable
$38k/year
Based on $895.0/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($45,854) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Bluefield, WV

Bluefield is a city located in both Mercer County, West Virginia, and Tazewell County, Virginia. Known as the "City of Blue Skies," it sits at an elevation of about 2,113 feet, giving it a unique highland climate characterized by cool summers and mild winters. The city is part of the Bluefield, WV-VA Micropolitan Statistical Area. Bluefield's history is deeply rooted in coal mining and the railroad industry, reflecting its growth in the late 19th and early 20th centuries. Today, the city retains much of its historic charm, with beautifully preserved early 20th-century architecture and a community that prides itself on its heritage. The area offers outdoor recreational opportunities, including hiking, fishing, and camping, thanks to its proximity to the Appalachian Mountains. Bluefield also hosts various cultural events, including festivals and art shows, which foster community engagement. Additionally, the city's educational institutions, including Bluefield State College, contribute to a vibrant local culture. Overall, Bluefield is a small yet welcoming city with a rich history and a strong sense of community, making it an interesting destination in West Virginia.

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