West Virginia Economic Overview

Key economic indicators for West Virginia (WV). Population: 1,793,716.

Unemployment Rate

3.5%

Below national avg (~4.2%)

Median Annual Wage

$44,000

Source: Census ACS / BLS

Wage Growth (YoY)

+3.5%

Year-over-year change

Population

1.8M

Source: 2020 Census

About the West Virginia Economy

West Virginia has an unemployment rate of 3.5%, which is below the national average. The median annual wage is $44,000, with wages growing at 3.5% year-over-year. With a population of 1,793,716, West Virginia is the a smaller state economy in the U.S.