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Richwood, West Virginia Demographics & Population 2026

High PovertyPoverty rate of 25.9% is well above the state average
Very AffordableHome value to income ratio of 2.3x is exceptionally low

During the 2020–2024 ACS period, Richwood, West Virginia had a total population of 2,403, the 65th largest city in West Virginia, with a median household income of $30,833, which is 48% lower than the state average. The poverty rate is 25.9%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Richwood Quick Facts

Population 2,403
Median Household Income $30,833
Median Home Value $70,000
Poverty Rate 25.9%
Unemployment Rate 13.5%
Median Age 46.2 years
Homeownership Rate 82.8%
Affordability Ratio 2.3x
Bachelor's Degree or Higher 16.9%
High School Graduation Rate 90.6%
Diversity Index 4/100
Population 2,403 65th of 429
Median Income $30,833 bottom 10%
Poverty Rate 25.9% 108% higher than national
Median Home Value $70,000 bottom 20%

How Richwood Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population2,6172,403-8.2%
Median household income$33,614$30,833-8.3%
Median home value$67,600$70,000+3.6%

How Richwood Compares

Economy & Housing

Household Income Distribution

Under $25K 27.4%
$25K-$50K 34.9%
$50K-$100K 22.4%
$100K+ 15.3%
Detailed income brackets
Under $10K
5.1%
$10K-$15K
11.6%
$15K-$20K
6.4%
$20K-$25K
4.3%
$25K-$30K
22.1%
$30K-$35K
2.8%
$35K-$40K
6.2%
$40K-$45K
0.8%
$45K-$50K
3.0%
$50K-$60K
8.2%
$60K-$75K
8.4%
$75K-$100K
5.8%
$100K-$125K
4.3%
$125K-$150K
1.0%
$150K-$200K
7.2%
$200K+
2.9%

Employment

13.5% Unemployment Rate State: 5.4%|National: 5.2%
41.6% Labor Force Participation

Housing Overview

Owner 82.8%
Renter 17.2%
Affordability Index Very Affordable
2.3x home value to income ratio
Median gross rent $682/mo 26.5% of median household income annually

People & Demographics

Diversity Index

4out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 19 | National average: 61

Education

Richwood Rankings in West Virginia

#65 Population of 429
#306 Median Income of 337
#189 Education of 429
#292 Home Value of 331

Other Cities in Nicholas County

CityPopulationMedian IncomePovertyHome Value
Summersville 3,373 $56,571 20.3% $230,000
Craigsville 2,190 $39,943 6.1% $83,500
Tioga 577 $86,056 21.5% N/A
Nettie 183 N/A 10.4% N/A
Belva 17 N/A 0.0% N/A
Fenwick 16 N/A 0.0% N/A
Birch River 7 N/A 0.0% N/A

Cities Similar to Richwood

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Spencer2,291$37,639$116,80016.7%33.5%
Petersburg2,384$42,917$124,50014.4%19.5%
Craigsville2,190$39,943$83,50026.4%6.1%
Hinton2,086$37,610$92,90021.8%35.0%
Wellsburg2,203$42,868$104,50017.3%20.3%

Population Overview

Richwood is a small community located in West Virginia, within Nicholas County. The total population is 2,403. It ranks as the 65th most populous out of 429 Census-designated places in West Virginia.

Age Demographics

The median age in Richwood is 46.2 years. This is 8% higher than the state median of 42.7 years. 11.3% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Richwood is $30,833. This is 48% lower than the state median of $59,608. It is also 62% lower than the national median of $80,734. The poverty rate stands at 25.9%. This is 55% higher than the state poverty rate of 16.7%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 13.5%. This is 148% higher than the state rate of 5.4%. The median home value is $70,000. Housing costs are 57% lower than the state median of $162,600. With a home-value-to-income ratio of just 2.3x, Richwood is one of the most affordable housing markets in the area. 82.8% of occupied housing units are owner-occupied. This homeownership rate is 11% higher than the state average of 74.9%.

Race & Ethnicity

Richwood has a predominantly White (non-Hispanic) population, comprising 98.2% of all residents. Hispanic or Latino residents account for 0.6%. The Black or African American population (0.0%) is well below the state average of 3.1%. The Hispanic or Latino population (0.6%) is well below the state average of 2.1%.

Education

16.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 30% lower than the state rate of 24.1%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.6%.

Data Sources & Methodology

All demographic data for Richwood, West Virginia is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against West Virginia state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 429 Census-designated places in West Virginia. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all West Virginia city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Richwood, West Virginia?

Richwood, West Virginia has a population of 2,403 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Richwood, WV?

The median household income in Richwood is $30,833, which is 62% lower than the national median of $80,734.

What is the poverty rate in Richwood, WV?

The poverty rate in Richwood is 25.9%. This means approximately 613 residents live below the federal poverty line.

What is the racial makeup of Richwood, West Virginia?

Richwood's population is 98.2% White, 0.0% Black, 0.6% Hispanic/Latino, and 0.5% Asian.

What is the median home value in Richwood, WV?

The median home value in Richwood is $70,000. The home-value-to-income ratio is 2.3x.

How educated is Richwood, West Virginia?

16.9% of adults (25+) in Richwood hold a bachelor's degree or higher, and 4.5% hold a graduate or professional degree.