Ravenswood, WV
Population 3,846 · West Virginia
About Ravenswood, WV
Ravenswood is a small town located in West Virginia with a population of 3,846 residents according to the latest US Census Bureau American Community Survey data. The median household income is $45,392 per year, which is 40% below the national median of $75,149. The median age of 40.1 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Ravenswood features a median home value of $99,600, which is 59% below the national median of $244,900. This makes Ravenswood one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $969, 17% below the national average of $1,163/month. Of the 1,634 total housing units, 69% are owner-occupied (1,034 units) and 31% are renter-occupied (454 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Ravenswood shows an unemployment rate of 5.4%, which is near the national rate of 3.7%. The poverty rate stands at 29.6%, above the national average of 12.4%. Workers in Ravenswood have an average one-way commute time of 21.1 minutes.
Education & Demographics
20.0% of Ravenswood 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, 3.2% Hispanic or Latino, 0.0% Black or African American, and 1.4% Asian residents, with 3.4% of the population being foreign-born.
How Ravenswood Ranks in West Virginia
Cost of Living in Ravenswood, WV
Compared to national averages, Ravenswood has a median household income of $45,392 (40% below the national median of $75,149). Home values average $99,600, which is 59% below the national median. Monthly rent at $969 is 17% below the US average of $1,163. Within West Virginia, Ravenswood's income is 16% below the state average of $54,014, and home values are 22% below the state median of $128,301.
Why Live in Ravenswood, WV?
Ravenswood offers affordable housing with a median home value of $99,600, below the US average of $244,900, and rent that’s lower than the national average at $969/month, and short commute times averaging just 21.1 minutes.
Potential considerations include median household income ($45,392) that falls below the national average. However, Ravenswood’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Ravenswood has a population of 3,846 with a median age of 40.1 years. Compare Ravenswood with other cities to see how it stacks up, or explore all cities in West Virginia.
Similar Cities Near Ravenswood
Cities in West Virginia with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lewisburg | 3,871 | $52,798 | $287,400 | Compare |
| Weston | 3,884 | $51,399 | $88,000 | Compare |
| Pinch | 3,893 | $72,406 | $198,400 | Compare |
| Westover | 4,007 | $58,333 | $179,500 | Compare |
| Point Pleasant | 4,009 | $40,837 | $113,900 | Compare |
| Pleasant Valley | 3,494 | $58,456 | $208,500 | Compare |
| Welch | 3,492 | $36,188 | $56,500 | Compare |
| Shady Spring | 3,455 | $70,792 | $192,000 | 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 Ravenswood With Other Cities
Frequently Asked Questions about Ravenswood
What is the population of Ravenswood, WV?
The population of Ravenswood, WV is 3,846 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 Ravenswood?
The median household income in Ravenswood, WV is $45,392 per year, which is 40% below the national median of $75,149.
What is the median home value in Ravenswood?
The median home value in Ravenswood, WV is $99,600, which is 59% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Ravenswood?
The median monthly rent in Ravenswood, WV is $969, which is 17% below the national average of $1,163/month.
What is the unemployment rate in Ravenswood?
The unemployment rate in Ravenswood, WV is 5.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Ravenswood, WV a good place to live?
Ravenswood offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 3,846 and a median age of 40.1, the city appeals to a broad range of residents.
How educated is Ravenswood, WV?
20.0% of residents in Ravenswood 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 Ravenswood?
Key cost-of-living indicators for Ravenswood, WV: median home value is $99,600 (59% below national), median rent is $969/month, and median household income is $45,392. The home-value-to-income ratio is 2.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Ravenswood?
The poverty rate in Ravenswood, WV is 29.6%, 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 Ravenswood, WV?
Ravenswood's population is 0.0% White, 3.2% Hispanic or Latino, 0.0% Black or African American, 1.4% Asian, and 0.3% two or more races. 3.4% of residents are foreign-born.