New Richmond, WV
Population 27 · West Virginia
About New Richmond, WV
New Richmond is a small community located in West Virginia with a population of 27 residents according to the latest US Census Bureau American Community Survey data. The median household income is $0 per year, which is 100% below the national median of $75,149. The median age of 0 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in New Richmond features a median home value of $0, which is 100% below the national median of $244,900. This makes New Richmond one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 27 total housing units, 100% are owner-occupied (27 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in New Richmond shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 100.0%, above the national average of 12.4%. Workers in New Richmond have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
0.0% of New Richmond residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in New Richmond, WV
Compared to national averages, New Richmond has a median household income of $0 (100% below the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within West Virginia, New Richmond's income is 100% below the state average of $54,014, and home values are 100% below the state median of $128,301.
Why Live in New Richmond, WV?
New Richmond offers affordable housing with a median home value of $0, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features short commute times averaging just 0 minutes.
Potential considerations include median household income ($0) that falls below the national average. However, New Richmond’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
New Richmond has a population of 27 with a median age of 0 years. Compare New Richmond with other cities to see how it stacks up, or explore all cities in West Virginia.
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Economy & Education
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Other Cities in West Virginia
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about New Richmond
What is the population of New Richmond, WV?
The population of New Richmond, WV is 27 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in West Virginia.
What is the median household income in New Richmond?
The median household income in New Richmond, WV is $0 per year, which is 100% below the national median of $75,149.
What is the median home value in New Richmond?
The median home value in New Richmond, WV is $0, which is 100% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in New Richmond?
The median monthly rent in New Richmond, WV is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in New Richmond?
The unemployment rate in New Richmond, WV is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is New Richmond, WV a good place to live?
New Richmond offers a moderate cost of living, affordable housing, and a strong job market. With a population of 27 and a median age of 0, the city appeals to young professionals and families.
How educated is New Richmond, WV?
0.0% of residents in New Richmond aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in New Richmond?
Key cost-of-living indicators for New Richmond, WV: median home value is $0 (100% below national), median rent is $0/month, and median household income is $0. The home-value-to-income ratio is NaNx, a moderate figure by national standards.
What is the poverty rate in New Richmond?
The poverty rate in New Richmond, WV is 100.0%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is New Richmond, WV?
New Richmond's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.