Romney, WV
Population 1,714 · West Virginia
About Romney, WV
Romney is a small town located in West Virginia with a population of 1,714 residents according to the latest US Census Bureau American Community Survey data. The median household income is $39,118 per year, which is 48% below the national median of $75,149. The median age of 50.8 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Romney features a median home value of $150,000, which is 39% below the national median of $244,900. This positions Romney in a moderately priced market relative to the rest of the country. Median monthly rent is $586, 50% below the national average of $1,163/month. Of the 915 total housing units, 50% are owner-occupied (336 units) and 50% are renter-occupied (340 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Romney shows an unemployment rate of 11.2%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 33.0%, above the national average of 12.4%. Workers in Romney have an average one-way commute time of 25.7 minutes.
Education & Demographics
14.7% of Romney 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, 0.1% Hispanic or Latino, 0.0% Black or African American, and 0.5% Asian residents, with 0.6% of the population being foreign-born.
How Romney Ranks in West Virginia
Cost of Living in Romney, WV
Compared to national averages, Romney has a median household income of $39,118 (48% below the national median of $75,149). Home values average $150,000, which is 39% below the national median. Monthly rent at $586 is 50% below the US average of $1,163. Within West Virginia, Romney's income is 28% below the state average of $54,014, and home values are 17% above the state median of $128,301.
Why Live in Romney, WV?
Romney offers affordable housing with a median home value of $150,000, below the US average of $244,900, and rent that’s lower than the national average at $586/month.
Potential considerations include median household income ($39,118) that falls below the national average. However, Romney’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Romney has a population of 1,714 with a median age of 50.8 years. Compare Romney with other cities to see how it stacks up, or explore all cities in West Virginia.
Similar Cities Near Romney
Cities in West Virginia with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| McMechen | 1,735 | $42,863 | $89,500 | Compare |
| New Haven | 1,735 | $56,500 | $101,700 | Compare |
| Logan | 1,736 | $31,100 | $86,300 | Compare |
| Mannington | 1,679 | $48,750 | $92,100 | Compare |
| Eleanor | 1,655 | $74,211 | $236,400 | Compare |
| Sophia | 1,654 | $34,498 | $112,900 | Compare |
| Montgomery | 1,635 | $26,797 | $117,300 | Compare |
| Salem | 1,812 | $43,690 | $77,200 | 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 Romney With Other Cities
Frequently Asked Questions about Romney
What is the population of Romney, WV?
The population of Romney, WV is 1,714 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 Romney?
The median household income in Romney, WV is $39,118 per year, which is 48% below the national median of $75,149.
What is the median home value in Romney?
The median home value in Romney, WV is $150,000, which is 39% below the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Romney?
The median monthly rent in Romney, WV is $586, which is 50% below the national average of $1,163/month.
What is the unemployment rate in Romney?
The unemployment rate in Romney, WV is 11.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Romney, WV a good place to live?
Romney offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 1,714 and a median age of 50.8, the city appeals to established professionals and retirees.
How educated is Romney, WV?
14.7% of residents in Romney 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 Romney?
Key cost-of-living indicators for Romney, WV: median home value is $150,000 (39% below national), median rent is $586/month, and median household income is $39,118. The home-value-to-income ratio is 3.8x, a moderate figure by national standards.
What is the poverty rate in Romney?
The poverty rate in Romney, WV is 33.0%, 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 Romney, WV?
Romney's population is 0.0% White, 0.1% Hispanic or Latino, 0.0% Black or African American, 0.5% Asian, and 2.0% two or more races. 0.6% of residents are foreign-born.