Income & Economy in Despard, WV
Household income, poverty rates, employment, and economic data — 2023 ACS Data
Income Overview
Source: U.S. Census Bureau ACS (2023)Median Household Income
$33,929
-54% vs national
Per Capita Income
$17,920
-52% vs national
Poverty Rate
26.1%
+92% vs national
Gini Index
0.3604
0 = perfect equality
Unemployment
25.8%
+396% vs national
SNAP Recipients
15.7%
of households
How Despard Compares
Source: Census ACS (2023)Despard vs Similar Cities
Source: Census ACS (2023)Compared to cities with under 10,000 residents. Despard is highlighted.
Median Household Income
Per Capita Income
Poverty Rate
Unemployment Rate
Where Do You Stack Up?
Enter your household income to see how you compare to other households in Despard. The median household income here is $33,929.
Income Distribution
Source: U.S. Census Bureau ACS (2023)Employment Snapshot
Source: U.S. Census Bureau ACS (2023)Unemployment Rate
25.8%
+254% vs WV avg
Labor Force
403
Employed
299
Mean Commute
16 min
How People Get to Work
Source: Census ACS (2023)Employment by Sector
Source: Census ACS (2023)Education & Workforce
Source: U.S. Census Bureau ACS (2023)Bachelor's Degree+
8.3%
of adults 25+
High School Diploma+
44.4%
of adults 25+
Median Age
33.4
Work from Home
10.0%
of workers
The median household income in Despard, WV is $33,929, which is 53.7% below the national average of $73,224. Per capita income is $17,920. The poverty rate of 26.1% is higher than the WV state average of 19.5%. The Gini index of income inequality is 0.3604, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 25.8%, compared to the state average of 7.3%. 8.3% of adults hold a bachelor's degree or higher. The average commute time is 16 minutes, with 10.0% working from home.