Prosperity, WV
Population 1,575 · West Virginia
About Prosperity, WV
Prosperity is a small town located in West Virginia with a population of 1,575 residents according to the latest US Census Bureau American Community Survey data. The median household income is $82,637 per year, which is 10% above the national median of $75,149. The median age of 37.6 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Prosperity features a median home value of $115,700, which is 53% below the national median of $244,900. This makes Prosperity 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 512 total housing units, 86% are owner-occupied (433 units) and 14% are renter-occupied (68 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Prosperity shows an unemployment rate of 11.0%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 11.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Prosperity have an average one-way commute time of 17.8 minutes, one of the shorter commutes in the region.
Education & Demographics
30.3% of Prosperity residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 2.1% White, 0.0% Hispanic or Latino, 0.1% Black or African American, and 0.8% Asian residents, with 0.8% of the population being foreign-born.
How Prosperity Ranks in West Virginia
Cost of Living in Prosperity, WV
Compared to national averages, Prosperity has a median household income of $82,637 (10% above the national median of $75,149). Home values average $115,700, which is 53% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within West Virginia, Prosperity's income is 53% above the state average of $54,014, and home values are 10% below the state median of $128,301.
Why Live in Prosperity, WV?
Prosperity offers a strong local economy with a median household income of $82,637, well above the national average, and affordable housing with a median home value of $115,700, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a low poverty rate of 11.2%, better than the national average, and short commute times averaging just 17.8 minutes.
Prosperity has a population of 1,575 with a median age of 37.6 years. Compare Prosperity with other cities to see how it stacks up, or explore all cities in West Virginia.
Similar Cities Near Prosperity
Cities in West Virginia with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| West Liberty | 1,568 | $43,333 | $120,000 | Compare |
| Craigsville | 1,584 | $28,718 | $95,300 | Compare |
| Daniels | 1,542 | $52,100 | $182,100 | Compare |
| Belle | 1,537 | $74,200 | $103,000 | Compare |
| Chesapeake | 1,615 | $60,526 | $83,100 | Compare |
| Ronceverte | 1,523 | $43,445 | $117,500 | Compare |
| Marmet | 1,520 | $47,620 | $83,100 | Compare |
| Glen Dale | 1,517 | $87,955 | $200,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in West Virginia
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Prosperity With Other Cities
Frequently Asked Questions about Prosperity
What is the population of Prosperity, WV?
The population of Prosperity, WV is 1,575 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in West Virginia.
What is the median household income in Prosperity?
The median household income in Prosperity, WV is $82,637 per year, which is 10% above the national median of $75,149.
What is the median home value in Prosperity?
The median home value in Prosperity, WV is $115,700, which is 53% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Prosperity?
The median monthly rent in Prosperity, WV is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Prosperity?
The unemployment rate in Prosperity, WV is 11.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Prosperity, WV a good place to live?
Prosperity offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 1,575 and a median age of 37.6, the city appeals to a broad range of residents.
How educated is Prosperity, WV?
30.3% of residents in Prosperity 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 Prosperity?
Key cost-of-living indicators for Prosperity, WV: median home value is $115,700 (53% below national), median rent is $0/month, and median household income is $82,637. The home-value-to-income ratio is 1.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Prosperity?
The poverty rate in Prosperity, WV is 11.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Prosperity, WV?
Prosperity's population is 2.1% White, 0.0% Hispanic or Latino, 0.1% Black or African American, 0.8% Asian, and 15.9% two or more races. 0.8% of residents are foreign-born.