The following data are the most current income statistics for West Virginia from the US Census Bureau, are in 2020 inflation adjusted dollars and are from the American Community Survey 2020 5-year estimates. Median Household Income: $48,037. Average Household Income: $65,332. Per Capita Income: $27,346.
What is middle class in West Virginia?
The middle class is usually defined as the group of earners in the center of the earning scale.
How much you have to earn to be middle class in every state.
| State | Middle-class income | Median household income |
|---|---|---|
| West Virginia | $41,649 | $48,850 |
| Arkansas | $40,928 | $48,952 |
What is the average annual income in West Virginia?
Table
| Population | |
|---|---|
| Transportation | |
| Mean travel time to work (minutes), workers age 16 years+, 2016-2020 | 26.1 |
| Income & Poverty | |
| Median household income (in 2020 dollars), 2016-2020 | $48,037 |
What is poverty level income in WV?
Of the 1.8 million people in the state 380,000 residents lived below the federal poverty line of $24,250 for a family of four.
Is West Virginia a very poor state?
West Virginia is the second-poorest U.S. state, with a $48,850 median household income and a poverty rate of 17.54%. West Virginia’s educational attainment levels are on the low side, with the lowest percentage of adults with a Bachelor’s degree or higher, and has the second-lowest life expectancy of 74.8.
What is a good salary in WV?
A person working in West Virginia typically earns around 88,700 USD per year. Salaries range from 22,400 USD (lowest average) to 396,000 USD (highest average, actual maximum salary is higher). This is the average yearly salary including housing, transport, and other benefits.
What is the richest town in West Virginia?
Wheeling
Wealthiest City in West Virginia: Wheeling
Wheeling, West Virginia, population 27,062, is situated along the Ohio River in the foothills of the Appalachian Mountains.
Is living in West Virginia expensive?
According to data from the West Virginia Department of Commerce, West Virginia’s cost of living is 94.4, or 5.6 percent below the national average. West Virginia’s price for an average home is 38.5 percent below the national average and one-third the price of homes in the Washington, D.C., area.
Is WV a cheap state to live in?
The overall cost of living in West Virginia is about 10 percent below the national average, and it’s much lower in certain cities and towns.
What is the richest county in WV?
Jefferson
West Virginia counties ranked by per capita income
| Rank | County | Per capita income |
|---|---|---|
| 1 | Jefferson | $30,912 |
| 2 | Putnam | $29,412 |
| United States | $28,930 | |
| 3 | Kanawha | $27,642 |
Why is West Virginia the poorest state?
The lack of an educated workforce continues to be one of the key factors hold West Virginia’s economy back.” West Virginia suffers from a resource curse, and studies show states with a heavier-than-average reliance on mining jobs are likely to have lower incomes.
What is the poorest city in WV?
West Virginia’s Huntington-Ashland metro area has by far the highest concentrated poverty rate in the state. An estimated 14.8% of the local population living below the poverty line reside in one of nine area neighborhoods in which 40% of the population or more also live in poverty.
What is the poorest part of WV?
1. Marion County is the poorest county in the Mountain State. It has a per capita income of $12,955.
What percentage of West Virginians are on welfare?
The states with the highest percentage of SNAP recipients are New Mexico (21%), Louisiana (17%), West Virginia (17%), Alabama (15%), and Mississippi (15%).
Welfare Recipients by State 2022.
| State | West Virginia |
|---|---|
| Food Stamps Recipients (2019) | 307,404 |
| Recipients Per 100K (2019) | 17,509 |
| Food Stamps Recipients (2018) | 311,863 |
| Recipients Per 100K (2018) | 17,763 |
Is West Virginia a good place to live?
There are many advantages to living in this small but mighty state, including low costs, room to roam and grow, proximity to major cities, tight-knit communities and access to top-notch outdoor recreation. So, to quote another song commonly sung by West Virginia 4-H members, we invite you to come home to West Virginia.
What is the racial makeup of West Virginia?
West Virginia Demographics
White: 93.08% Black or African American: 3.69% Two or more races: 1.77% Asian: 0.80%
What is the average cost of living in WV?
Our cost of living indices are based on a US average of 100. An amount below 100 means West Virginia is cheaper than the US average.
West Virginia cost of living is 78.1.
| COST OF LIVING | West Virginia | United States |
|---|---|---|
| Health | 106 | 100 |
| Housing | 41.7 | 100 |
| Median Home Cost | $114,600 | $291,700 |
| Utilities | 85.9 | 100 |
How much money do you need to live comfortably?
This means a single person needs to make at least $66,434 after taxes to live comfortably. After their basic living expenses are covered, an individual could spend $19,930 on wants and set $13,287 aside for savings or debt paydown.
Is West Virginia cheaper than California?
California is 37.9% more expensive than West Virginia.
How many millionaires are in West Virginia?
Referenced Symbols
| Rank | State | $1mm+ investable assets |
|---|---|---|
| 47 | Idaho | 28,928 |
| 48 | Kentucky | 77,671 |
| 49 | Arkansas | 45,985 |
| 50 | West Virginia | 29,031 |
What is upper class in West Virginia?
How much does an Upper Class make in West Virginia? As of May 21, 2022, the average annual pay for the Upper Class jobs category in West Virginia is $50,335 a year. Just in case you need a simple salary calculator, that works out to be approximately $24.20 an hour. This is the equivalent of $968/week or $4,195/month.
