Hampshire County, West Virginia Income Statistics
Hampshire County Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
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D
Hampshire County Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Hampshire County | West Virginia Avg | US Average |
|---|---|---|---|
| Median Household Income | $63,970 | $59,640 | $80,455 |
| Median Personal Income | $48,746 | $52,420 | $60,758 |
| Average Yearly Income Growth | 8.8% | 4.3% | 4.8% |
| Six-Figure Earners | 7.7% | 8.0% | 13.9% |
| $200k+ Households | 5.2% | 5.9% | 13.2% |
The median household income in Hampshire County is about 7% higher than in West Virginia. Income has been growing faster in Hampshire County (8.8%/yr) than in West Virginia (4.3%/yr).
About 8% of adults in Hampshire County earn six figures ($100,000 or more) a year, about the same as the West Virginia average of 8%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Hampshire County, West Virginia grew by 84.7% from 2009 to 2024, reaching $63,970 in 2024. That's an average of about 8.8% per year.
Income Inequality and the Gender Pay Gap in Hampshire County
| Metric | Hampshire County | West Virginia Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.538 | 0.554 | 0.552 |
| Male Median Income | $62,558 | $61,809 | $69,667 |
| Female Median Income | $41,927 | $47,573 | $56,850 |
| Gender Pay Gap | 33.0% | 23.0% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Hampshire County, it is 0.538, lower than West Virginia's 0.554, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 49% more than women's income in Hampshire County, West Virginia. Over a 35-year career, a 49% wage gap accumulates to roughly $722,085 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Hampshire County, West Virginia has widened from about 28% to 33% in 2024. Over that period the gap was narrowest at 23% in 2021. In dollar terms, the gap has widened by $10,602 since 2009.
Sharply against the trend: the pay gap in Hampshire County widened by 4.9 points while West Virginia's narrowed by 8.2 points.
Employment
| Metric | Hampshire County | West Virginia Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 9.0% | 5.4% | 5.2% |
| Working from Home | 9.4% | 9.1% | 15.0% |
| Commute time (minutes) | 40 | 21 | 22 |
Approximately 923 people are unemployed in Hampshire County, West Virginia.
The average commute time in Hampshire County is 40 minutes, longer than the 21 minutes in West Virginia.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Hampshire County, West Virginia has risen from 7.1% to 9.0% in 2024. Over that period the rate peaked at 10.1% in 2014 and fell as low as 5.3% in 2019.
Hampshire County, WV Wealth Compared With Nearby Counties
Hampshire County, WV is typical in size for this group, 23,465 residents against a local median of 26,854, so the measures below are close to a like for like comparison. Hampshire County, WV's income growth, at 8.8%/yr, runs 93% above the 4.6%/yr typical of the counties around it. That is the better end of the local range on this measure.
Unemployment tells the same story from another angle: 9.0% against a local median of 5.0%, 81% above it. The picture is mixed rather than uniform: income growth runs ahead of the neighbourhood while unemployment runs behind it, so Hampshire County, WV is trading one against the other rather than simply out-performing what surrounds it. The counties themselves spread 6.0%/yr on income growth, so Hampshire County, WV sits at one end of an already wide local range rather than apart from it. Hampshire County, WV has the highest income growth of the 6 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Hampshire County, WV | 23,465 | $63,970 #4/6 | 8.8%/yr #1/6 | 9.0% #6/6 | 0.538 #5/6 |
| Allegany County, MD | 67,200 | $59,649 | 4.6%/yr | 5.0% | 0.556 |
| Mineral County, WV | 26,854 | $70,287 | 8.8%/yr | 6.5% | 0.520 |
| Frederick County, VA | 94,959 | $97,732 | 4.4%/yr | 4.2% | 0.520 |
| Hardy County, WV | 14,243 | $49,162 | 2.8%/yr | 7.3% | 0.502 |
| Morgan County, WV | 17,426 | $72,049 | 6.8%/yr | 3.9% | 0.502 |
Conclusion
Considering all these factors, Hampshire County, West Virginia has an overall wealth index grade of D, making it about on par with West Virginia, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Hampshire County, West Virginia.
How Rich Is Hampshire County, West Virginia?
Hampshire County has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $63,970, about 7% higher than the West Virginia average of $59,640.
How fast is household income rising in Hampshire County, West Virginia?
Between 2009 and 2024, the median household income in Hampshire County, West Virginia rose 85%, from $34,626 to $63,970. Over the same years, income here outpaced West Virginia as a whole: +85% against +60%.
What was the median household income in Hampshire County in 2023?
In 2023, the median household income in Hampshire County, West Virginia was $60,354, up 12% from $53,733 in 2022. The West Virginia median that year was $57,884.
What was the median household income in Hampshire County in 2020?
In 2020, the median household income in Hampshire County, West Virginia was $48,319. By 2024 it had risen 32% to $63,970.
Is it hard to find a job in Hampshire County, West Virginia?
Unemployment in Hampshire County, West Virginia is 9.0%, well above the West Virginia rate of 5.4%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Hampshire County, West Virginia?
The Gini coefficient in Hampshire County is 0.538. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Hampshire County, West Virginia?
Since 2009, the income gap between men and women in Hampshire County, West Virginia has widened from about 28% to 33% in 2024. Over that period the gap was narrowest at 23% in 2021. In dollar terms, the gap has widened by $10,602 since 2009.
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