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Richwood, West Virginia

city · Nicholas County

At a glance

2,403
Population
$70,000
Median home value (all homes)
77% below U.S. median
$71,064
Typical market value
Zillow, 2026-07
$682/mo
Median rent
49% below U.S. median
$30,833
Median household income
61% below U.S. median
36.5 min
Average commute
86.6%
Homes with broadband
48.84%
Locations with fiber available
13.5%
Unemployment

Cost of living (Clay Affordability Index)

CAI 80 — 20% below the national average. how it's computed

Housing59% below
Goods & services2% below
Utilities1% above
Taxes18% below
Insurance29% below
Commute cost34% above
For business: West Virginia is CBII band 2/5 · time to build band 1/5. See state page for the breakdown.

Living here

Nearest 4-year college29 mi
Nearest community college46 mi
Nearest technical college37 mi
High school graduates90.6%
College graduates16.9%

Doing business here

Economic development contacts, most local first:

state America Electric Power Economic Development
AEP's Economic Development page presents site selection services and energy solutions to help businesses locate facilities within its 11-state service area, with a focus on supporting growth.
state Little Kanawha Area Development Corp
The LKADC is a lead economic and community development non-profit serving Calhoun and Wirt Counties in West Virginia.
state New River Gorge Regional Eco Dev Auth
The New River Gorge Regional Development Authority initiates, facilitates, and support the community and economic development efforts in the New River Gorge region of West Virginia, serving Fayette, Nicholas, Raleigh, and Summers counties.
state West Virginia Development Office
Our mission is to improve the quality of life for all West Virginians by strengthening our communities and expanding the state's economy to create more and better jobs.
state West Virginia Economic Development Council
The West Virginia Economic Development Council brings economic development professionals and organizations from around the state to share and collaborate on programs and issues, and promotes activities to retain, expand, and attract business in West Virginia. It states that it is the only professional organization in the state with the sole function of promoting economic development and serving economic development professionals across West Virginia.
State sales taxYes
State income taxYes
Right-to-work stateYes

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