26161 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Ritchie County
Centroid: Latitude 39.181, Longitude -81.255
Time Zone: Eastern Time Zone (UTC -5 hours)
Observes DST: Yes

ZIP Code 26161 has segments in 3 Counties (Ritchie, Wirt, Wood).

Businesses Addresses: 1
PO Box Addresses: 0
Residential Addresses: 209

Multi-Family Addresses: 0
Single Family Addresses: 209

The ZIP Code maps and database are updated 4 times per year.
Database updated: October 1, 2020, Maps updated: November 4, 2020.

Petroleum, WV 26161 Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	468 (100%)
Population in Households	468 (100.0%)
Population in Families	384 (82.1%)
Population in Group Quarters¹	0
Population Density	10
Diversity Index²	8


INCOME
Median Household Income	$41,741
Average Household Income	$47,152
% of Income for Mortgage⁴	8%
Per Capita Income	$20,251
Wealth Index⁵	42

HOUSING
Total HU (Housing Units)	342 (100%)
Owner Occupied HU	167 (48.8%)
Renter Occupied HU	34 ( 9.9%)
Vacant Housing Units	141 (41.2%)
Median Home Value	$81,780
Average Home Value	$106,437
Housing Affordability Index³	337

HOUSEHOLDS
Total Households	201
Average Household Size	2.33
Family Households	140
Average Family Size	3

NOTES

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.
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.
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.
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).
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.

Petroleum, WV 26161 - Peer Comparisons by Rank and Percentile

The table below compares 26161 to the other 668 ZIP Codes in West Virginia by rank and percentile using July 1, 2020 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.

GROWTH RATE / YEAR	2010-2020	2020-2025
Population	-0.66%	-0.74%
Households	-0.52%	-0.71%
Families	-0.67%	-0.72%
Median Household Income		0.66%
Per Capita Income		1.22%
Owner Occupied HU		-0.73%

Variable Description	Rank	Percentile
Total Population	# 462	31st
Population Density	# 620	7th
Median Household Income	# 262	61st
Housing Affordability Index	# 575	86th
Per Capita Income	# 448	33rd
Diversity Index	# 252	62nd

Petroleum, WV 26161 ZIP Code Profile

ZIP Code 26161: Basic Data & USPS Preferred City Name

Petroleum, WV 26161 Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Petroleum, WV 26161 - Peer Comparisons by Rank and Percentile

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