Income & Economy in Ranson corporation, WV

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$86,378

+18% vs national

Per Capita Income

$36,285

-2% vs national

Poverty Rate

14.5%

+7% vs national

Gini Index

0.3638

0 = perfect equality

Unemployment

3.5%

-33% vs national

SNAP Recipients

23.9%

of households

How Ranson corporation Compares

Source: Census ACS (2023)

Ranson corporation vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Ranson corporation is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Ranson corporation. The median household income here is $86,378.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
12.8%
$25-50K
10.2%
$50-75K
19.4%
$75-100K
15.6%
$100-150K
23.8%
$150-200K
12.6%
$200K+
5.7%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

3.5%

-52% vs WV avg

Labor Force

3,296

Employed

3,181

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+

10.4%

of adults 25+

High School Diploma+

37.4%

of adults 25+

Median Age

37.8

Work from Home

9.7%

of workers

The median household income in Ranson corporation, WV is $86,378, which is 18.0% above the national average of $73,224. Per capita income is $36,285. The poverty rate of 14.5% is lower than the WV state average of 19.5%. The Gini index of income inequality is 0.3638, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 3.5%, compared to the state average of 7.3%. 10.4% of adults hold a bachelor's degree or higher.