Richwood, WV 26261 ZIP Code Profile

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Richwood, WV
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ZIP Code 26261: Basic Data & USPS Preferred City Name

Preferred Name, USPS
Richwood, WV 26261

  • ZIP Code Type: STANDARD
  • County: Nicholas County
  • Centroid: Latitude 38.225, Longitude -80.539
  • Time Zone: Eastern Time Zone (UTC -5 hours)
  • Observes DST: Yes

ZIP Code 26261 has segments in 2 Counties (Greenbrier, Nicholas).

  • Businesses Addresses: 90
  • PO Box Addresses: 141
  • Residential Addresses: 1,098
    • Multi-Family Addresses: 20
    • Single Family Addresses: 1,078

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

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Richwood, WV 26261 Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 3,181 (100%)
Population in Households 3,092 (97.2%)
Population in Families 2,393 (75.2%)
Population in Group Quarters1 89 ( 2.8%)
Population Density 21
Diversity Index2 10
 
 

INCOME

Median Household Income $29,520
Average Household Income $39,448
% of Income for Mortgage4 7%
Per Capita Income $17,314
Wealth Index5 32
 

HOUSING

Total HU (Housing Units) 1,955 (100%)
Owner Occupied HU 957 (49.0%)
Renter Occupied HU 436 (22.3%)
Vacant Housing Units 562 (28.7%)
Median Home Value $48,333
Average Home Value $86,207
Housing Affordability Index3 350
 

HOUSEHOLDS

Total Households 1,393
Average Household Size 2.22
Family Households 866
Average Family Size 3
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.

GROWTH RATE / YEAR

2010-2020 2020-2025
Population 0.46% -0.18%
Households 0.59% -0.12%
Families 0.4% -0.23%
Median Household Income   1.05%
Per Capita Income   2.05%
Owner Occupied HU   -0.27%

Richwood, WV 26261 - Peer Comparisons by Rank and Percentile

The table below compares 26261 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.

Variable Description Rank Percentile
Total Population # 143 79th
Population Density # 524 22nd
Median Household Income # 584 13th
Housing Affordability Index # 661 99th
Per Capita Income # 592 11th
Diversity Index # 201 69th

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


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