Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 60.3 yrs |
|---|---|
| Avg HH Size | 2.32 |
| Below Poverty | 23.1% ▲ 131% above avg |
| College Grads | 15.4% ▼ 60% below avg |
| HS Graduate | 222 (61.2%) |
| Associates | 85 (23.4%) |
| Bachelors | 8 (2.2%) |
| Graduate Degree | 48 (13.2%) |
Education
Home Value Distribution
Financials
| Median HH Income | $50,568 ▼ 34% below avg |
|---|---|
| Median Home Value | $176,500 ▼ 37% below avg |
| Home/Income Ratio | 3.5x (nat avg ~3.5x) |
| Total Housing Units | 243 |
| Vacant Units | 32 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Petroleum is a city in West Virginia, located in Ritchie County. The city spans 1 ZIP code and is home to approximately 490 residents. It is an older city, with a median age of 60.3 years.
Economically, Petroleum is a working-class community. The median household income of $50,568 is below the national average. Approximately 23.1% of residents live below the poverty line.
The real estate market in Petroleum is an affordable housing market. Median home values stand at $176,500, which is below the national average. Homeownership is high at 100.0%, typical of suburban and family-oriented communities.
The population of Petroleum is less-educated. 15.4% of adults hold a bachelor's degree or higher — well below the national average. The community is primarily White (100%).
Petroleum, WV offers residents a cost-conscious lifestyle within West Virginia.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 26161 | 490 | $50,568 | $176,500 | — | 0.0% | 15.4% | 100.0% |