Paynesville, WV Utility & Living Guide

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Paynesville, WV Utility & Living Guide

Paynesville is an unincorporated community in McDowell County, West Virginia and Buchanan County, Virginia, United States. Paynesville is located along West Virginia Route 83, encompassing both states. Paynesville has a post office with ZIP code 24873.

Last updated: June 26, 2026
Total Utilities$260/mo
1BR Rent$900/mo
Sales Tax6%
COL Index105 (+5% above national average)
Family Score7/10
Median Home$280,000
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⚠️ Natural Hazard History — Paynesville
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💰 Budget Calculator
🔌 Utilities
🏠 Housing
📊 Cost of Living
💰 Taxes
👨‍👩‍👧 Families
🧮 Tools

Monthly Utility Costs

⚡ Electric

$130/mo

Monongahela Power Company
🔥 Gas

—

N/A - Electric only
💧 Water

$40/mo

Paynesville Water Department
🗑️ Garbage

$30/mo

Waste Management
📶 Internet

$60/mo

Combined Average Overhead$260/month

Housing Market

Rent & Property
1 Bedroom$900/mo
2 Bedrooms$1200/mo
3 Bedrooms$1800/mo
Median Home Price$280,000
Property Tax Rate0.8%
Avg Childcare/mo$800

The housing market in Paynesville is relatively affordable, with a mix of older and newer homes available. Rentals are also available, although options may be limited. Home prices have been steady in recent years, with some fluctuation based on location and condition.

Cost of Living

Overall COL Index

105

US national avg = 100
vs National Avg

+5% above national average

Groceries

102

Transportation

98

Healthcare

100

Childcare/mo

$800

Tax Rates

Tax Overview
Total Sales Tax6%
Property Tax Rate0.8%
<p>State 6% + County 0% + City 0%</p>

West Virginia has a progressive income tax system with rates ranging from 3% to 6.5%

Family & Relocation

Family Vibe Score
7/10
Safety Index

60

Higher = safer
School Rating

6/10

GreatSchools avg
Avg Childcare

$800/mo

City Pulse

Population Trend
-2% (declining)
Political Climate
Red
Business Momentum
Low with key industries in manufacturing and healthcare
Top Local Concerns
Economic development, infrastructure, education
🚌 Transit for Families

Paynesville has limited public transportation options, but the town is relatively small and walkable, with some sidewalks and crosswalks available

🎡 Top Kid Attractions
  • 🎯
    Paynesville Park
  • 🎯
    local library
  • 🎯
    nearby state parks

Best Neighborhoods for Families

The best neighborhoods for families in Paynesville are those with easy access to the town's parks and community amenities, such as the area around Paynesville Park. These neighborhoods tend to have a mix of older and newer homes, with a strong sense of community and relatively low crime rates.

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📊 Paynesville — Census & Demographic Data

Official data from the US Census Bureau, American Community Survey.

☀️ Seasonal Utility Costs

Utility costs in Paynesville tend to be higher in the winter months due to heating needs, with average electric bills increasing by 20-30% from December to February. In contrast, summer months see a slight decrease in utility costs as the weather warms up and heating needs decrease.

🏛️ Local Tax Details

The ZIP code 24980 has a property tax millage rate of 12.5 mills, with no local surtaxes

👶 Family & Stroller Friendliness

6 - Paynesville has some sidewalks and crosswalks, but the town's infrastructure is not highly stroller-friendly due to limited accessibility and uneven pavement in some areas

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