Income & Economy in Richwood, WV

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

Income Overview

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

Median Household Income

$33,614

-54% vs national

Per Capita Income

$25,310

-32% vs national

Poverty Rate

33.5%

+146% vs national

Gini Index

0.5252

0 = perfect equality

Unemployment

27.1%

+421% vs national

SNAP Recipients

32.6%

of households

How Richwood Compares

Source: Census ACS (2023)

Richwood vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Richwood 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 Richwood. The median household income here is $33,614.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
30.5%
$25-50K
36.0%
$50-75K
14.7%
$75-100K
7.7%
$100-150K
6.0%
$150-200K
2.9%
$200K+
2.2%

Employment Snapshot

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

Unemployment Rate

27.1%

+271% vs WV avg

Labor Force

819

Employed

597

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+

9.7%

of adults 25+

High School Diploma+

43.7%

of adults 25+

Median Age

45.5

Work from Home

4.7%

of workers

The median household income in Richwood, WV is $33,614, which is 54.1% below the national average of $73,224. Per capita income is $25,310. The poverty rate of 33.5% is higher than the WV state average of 19.5%. The Gini index of income inequality is 0.5252, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 27.1%, compared to the state average of 7.3%. 9.7% of adults hold a bachelor's degree or higher.