24740, Princeton, WV

The Princeton zip code of 24740 has a median home value of $128,000 and a median home equity of $112,000. These values are both above the statewide median home value of $119,500 and the national median home equity of $106,800.

Princeton is one of the wealthiest zip codes in West Virginia with a median household income of over $130,000. This high income is likely due to its affluent population and strong job market. Over 60% of Princeton residents have at least a bachelor's degree, which is above the statewide average of 54%. In addition, Princeton has a low unemployment rate (3.5%) and high poverty rate (14%). These factors may contribute to its high home values and home equity.

Despite these positive indicators, there are some challenges facing the Princeton community. The area has seen an increase in opioid addiction and overdose deaths in recent years. Additionally, there is an increasing number of homeless people living in the area due to affordable housing shortages and lack of available services. Despite these challenges, the community remains resilient and continues to thrive economically despite these challenges.