ZIP Code 24737 — Montcalm CDP, WV Demographics & Data

ZIP code 24737 covers Montcalm, WV in Mercer County with a population of about 1,169.

At a glance, the area shows median age of 50.8 versus a U.S. median of about 38.9.

It sits in telephone area codes 304, 681; U.S. House district WV-1; the BLUEFIELD - BECKLEY - OAK HILL media market.

Median household income in ZIP 24737 is about $28,927 — about 62% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 30.3%; unemployment rate near 0.0%; 15.1% of adults with a bachelor’s degree or higher (about 18.6 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Healthcare, Retail trade, and Professional services; about 2.9% of workers reporting work-from-home (about 12.3 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $120,700 — about 65% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $420 (about 64% below the U.S. median rent ($1,163)), and owner-occupancy near 53.2% (about 12.2 points below the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 24737 in Montcalm, WV, a household would need roughly $33,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $775. That is roughly in line with the local median household income ($28,927). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

FEMA’s National Risk Index rates natural-hazard risk for Montcalm CDP, WV as Relatively Low (composite score 65.2), which is near the middle of the national distribution. The strongest component scores on US5 are flood (78.3) and wildfire (62.8). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for Montcalm CDP, WV show little to no average snow and around 41.2 inches of annual precipitation.

IRS migration statistics show a net inflow of about 43 for ZIP 24737 (Montcalm CDP, WV) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.