Hico, WV Profile: Facts & Data


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Hico, West Virginia - Basic Facts

The Hico CDP(1) had a population of 239 as of July 1, 2023. Hico ranks in the lower quartile for Population Density and 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 Hico is located at latitude 38.1173 and longitude -81.0057 in Fayette County. The formal boundaries for the Hico Census Designated Place encompass a land area of 5.01 sq. miles and a water area of 0.01 sq. miles. Fayette County is in the Eastern time zone (GMT -5).

The Hico Census Designated Place has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Hico Census Designated Place is located within New Haven District, a minor civil division (MCD) of Fayette County.

  1. A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Jump to... (On This Page!)
  1. Hico 2023 Demographic Data
  2. Growth Rates for Hico (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

Hico, WV Data & Demographics (As of July 1, 2023)


Total Population 239 (100%)
Population in Households 239 (100.0%)
Population in Families 174 (72.8%)
Population in Group Quarters1 0
Population Density 48
Diversity Index2 7


Median Household Income $53,305
Average Household Income $73,443
% of Income for Mortgage4 17%
Per Capita Income $34,724
Wealth Index5 66
Socioeconomic Status Index6 Moderate (52.0)


Total HU (Housing Units) 121 (100%)
Owner Occupied HU 94 (77.7%)
Renter Occupied HU 19 (15.7%)
Vacant Housing Units 8 ( 6.6%)
Median Home Value $146,667
Average Home Value $195,479
Housing Affordability Index3 153


Total Households 113
Average Household Size 2.12
Family Households 61
Average Family Size 3.00
  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.


2020-2023 2023-2028
Population 0.00% -0.42%
Households 4.15% -0.18%
Families   -0.33%
Median Household Income   0.58%
Per Capita Income   3.51%
Owner Occupied HU   1.04%

Hico, WV - Peer Comparisons by Rank and Percentile

The table below compares Hico 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 # 317 28th
Population Density # 435 1st
Median Household Income # 135 69th
Housing Affordability Index # 180 41st
Per Capita Income # 83 81st
Diversity Index # 409 7th

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

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