Range of household incomes needed to be considered middle class, by family size
| State | Single | Family of four |
|---|---|---|
| Vermont | $26,511 – $79,533 | $53,022 – $159,065 |
| Virginia | $26,694 – $80,081 | $53,387 – $160,161 |
| Washington | $27,529 – $82,586 | $55,057 – $165,171 |
| West Virginia | $22,858 – $68,573 | $45,716 – $137,147 |
Contents
What is the average household income in West Virginia?
$46,711
Table
| Population | |
|---|---|
| Income & Poverty | |
| Median household income (in 2019 dollars), 2015-2019 | $46,711 |
| Per capita income in past 12 months (in 2019 dollars), 2015-2019 | $26,480 |
| Persons in poverty, percent | 16.0% |
What is the average salary in West Virginia?
In 2020, the average annual pay of employees in West Virginia totaled to 48,724 U.S. dollars. This is an increase from 2001 levels, when this figure stood at 27,981 U.S. dollars.
What is considered middle class 2020?
In the simplest sense, if your median household income for 2020 was from $50,641 to $135,042, you are considered middle class, according to estimates from Wenger.Kochhar estimates the median American household income for 2020 lies closer to $51,200 to $153,000 for a three-person household.
What is the current middle class income?
Pew defines “middle class” as a person earning between two-thirds and twice the median American household income, which in 2019 was $68,703, according to the United States Census Bureau. That puts the base salary to be in the middle class just shy of $46,000.
Is West Virginia the poorest state?
West Virginia is the second-poorest U.S. state, with a $48,850 median household income and a poverty rate of 17.54%. West Virginia’s educational attainment levels are on the low side, with the lowest percentage of adults with a Bachelor’s degree or higher, and has the second-lowest life expectancy of 74.8.
What is the richest county in WV?
Jefferson
West Virginia counties ranked by per capita income
| Rank | County | Per capita income |
|---|---|---|
| 1 | Jefferson | $30,912 |
| 2 | Putnam | $29,412 |
| United States | $28,930 | |
| 3 | Kanawha | $27,642 |
How much do you need to live comfortably in West Virginia?
While West Virginia is generally considered a low cost-of-living state, according to the ACS, the median income for a married-couple family in West Virginia was $58,220. That means the typical family would have to spend nearly every dollar it has just to live comfortably.
Is WV a cheap state to live in?
The overall cost of living in West Virginia is about 10 percent below the national average, and it’s much lower in certain cities and towns.
What are the most common jobs in West Virginia?
The most common jobs held by residents of West Virginia, by number of employees, are Cashiers (23,172 people), Driver/sales workers & truck drivers (23,167 people), and Registered nurses (18,992 people).
What jobs are in the middle class?
7 Middle Income Jobs That Pay Over $35,000
- Electrician.
- Computer Support Specialists.
- Medical and Clinical Lab Techs.
- Wind Turbine Technicians.
- Industrial Machinery Mechanics.
- Environmental Engineering Techs.
- Dental Assistants.
What is considered poor class?
The lowest-income group earned less than $40,100 for a family of three while the highest-income households had incomes topping $120,400 in 2018 dollars.That same three-person family with an income between $0 and $32,048 per year was considered poor or near-poor.
What are upper-middle class jobs?
The most common professions of the upper-middle class tend to center on conceptualizing, consulting, and instruction. They include such occupations as lawyer, physician, dentist, engineer, professor, architect, civil service executive, and civilian contractor.
What salary is considered wealthy?
With a $500,000+ income, you are considered rich, wherever you live! According to the IRS, any household who makes over $470,000 a year in 2021 is considered a top 1% income earner.
What is high income for a single person?
For its purposes, the Pew Research Center considers a household to be upper class if its income is double the U.S. median household income. This means that, on average, a single person living alone needs to make just $78,281 to be considered upper class.
Gallup has, for a number of years, asked Americans to place themselves — without any guidance — into five social classes: upper, upper-middle, middle, working and lower. These five class labels are representative of the general approach used in popular language and by researchers.
What are the 5 poorest states?
- Alabama. Poverty rate: 15.5%
- West Virginia. Poverty rate: 16.0%
- Arkansas. Poverty rate: 16.2%
- Kentucky. Poverty rate: 16.3%
- New Mexico. Poverty rate: 18.2%
- Louisiana. Poverty rate: 19.0%
- Mississippi. Poverty rate: 19.6%
- Mississippi. Louisiana. New Mexico.
Is West Virginia depressing?
West Virginia was just ranked 50th for the highest share of adult depression.WalletHub’s new study doesn’t think happiness is subjective. It just placed West Virginia dead last out of the happiest states in America.
Is West Virginia a good place to live?
Locals have said their Mountain State neighbors have a “strong sense of community,” and that they are “unpretentious” and “humble.” Others even said West Virginians are pretty much the “nicest people on the planet,” and even though their state pride runs deep, they’re very welcoming to outsiders.
Where do wealthy people live in West Virginia?
Detailed List Of The Most Expensive Cities In West Virginia
| Rank | City | Population |
|---|---|---|
| 1 | Morgantown | 30,712 |
| 2 | Martinsburg | 17,475 |
| 3 | Buckhannon | 5,486 |
| 4 | Charleston | 48,006 |
Are there wealthy areas of West Virginia?
Jefferson County is the richest in West Virginia, according to U.S. Census Data from 2010. Jefferson County, where Shepherdstown and Charles Town are, has a per capita income of $29,733. 2.
