Oceana, WV Profile: Facts & Data

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Oceana, West Virginia - Basic Facts

The Town of Oceana had a population of 1,378 as of July 1, 2023. Oceana ranks in the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in West Virginia. See peer rankings below.

The primary coordinate point for Oceana is located at latitude 37.6921 and longitude -81.624 in Wyoming County. The formal boundaries for the Town of Oceana encompass a land area of 1.29 sq. miles and a water area of 0.04 sq. miles. Wyoming County is in the Eastern time zone (GMT -5).

The Town of Oceana has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Town of Oceana is located within District 3, a minor civil division (MCD) of Wyoming County.


Jump to... (On This Page!)
  1. Oceana 2023 Demographic Data
  2. Growth Rates for Oceana (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. West Virginia Research Tools (Easy Tools & Current Data)
  3. West Virginia Data Comparison Tool - 2023 Demographics
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Oceana, WV Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 1,378 (100%)
Population in Households 1,378 (100.0%)
Population in Families 1,145 (83.1%)
Population in Group Quarters1 0
Population Density 1,067
Diversity Index2 9
 
 

INCOME

Median Household Income $39,747
Average Household Income $57,851
% of Income for Mortgage4 11%
Per Capita Income $24,056
Wealth Index5 46
Socioeconomic Status Index6 Low (43.1)
 

HOUSING

Total HU (Housing Units) 660 (100%)
Owner Occupied HU 461 (69.8%)
Renter Occupied HU 112 (17.0%)
Vacant Housing Units 87 (13.2%)
Median Home Value $73,801
Average Home Value $91,974
Housing Affordability Index3 234
 

HOUSEHOLDS

Total Households 573
Average Household Size 2.40
Family Households 379
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2023 2023-2028
Population -1.53% -0.80%
Households -1.15% -0.60%
Families   -0.59%
Median Household Income   1.82%
Per Capita Income   1.83%
Owner Occupied HU   -0.93%

Oceana, WV - Peer Comparisons by Rank and Percentile

The table below compares Oceana to the other 439 incorporated cities, towns and CDPs in West Virginia by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 109 75th
Population Density # 133 70th
Median Household Income # 280 36th
Housing Affordability Index # 378 86th
Per Capita Income # 300 32nd
Diversity Index # 370 15th

Additional comparisons and rankings can be made with a VERY EASY TO USE West Virginia Census Data Comparison Tool.

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