Income & Economy in Thomas, WV

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

Income Overview

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

Median Household Income

$55,500

-24% vs national

Per Capita Income

$29,498

-21% vs national

Poverty Rate

17.2%

+26% vs national

Gini Index

0.3705

0 = perfect equality

Unemployment

20.6%

+297% vs national

SNAP Recipients

9.8%

of households

How Thomas Compares

Source: Census ACS (2023)

Thomas vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Thomas 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 Thomas. The median household income here is $55,500.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
15.6%
$25-50K
22.3%
$50-75K
33.0%
$75-100K
9.4%
$100-150K
13.4%
$150-200K
1.8%
$200K+
4.5%

Employment Snapshot

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

Unemployment Rate

20.6%

+183% vs WV avg

Labor Force

247

Employed

196

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+

16.8%

of adults 25+

High School Diploma+

45.1%

of adults 25+

Median Age

56.6

Work from Home

8.4%

of workers

The median household income in Thomas, WV is $55,500, which is 24.2% below the national average of $73,224. Per capita income is $29,498. The poverty rate of 17.2% is lower than the WV state average of 19.5%. The Gini index of income inequality is 0.3705, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 20.6%, compared to the state average of 7.3%. 16.8% of adults hold a bachelor's degree or higher.