Is Follansbee, West Virginia a Good Place To Live? - Living In Follansbee, WV

Is Follansbee, West Virginia a good place to live?
Follansbee is a city in West Virginia state in USA with a population of 2768 residents.. The poverty rate of Follansbee is 14.1%, which is 1% higher than national average. The typical household in Follansbee earns $45769 a year, compared to the national median of $67,500. Nearly 51.7% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Follansbee, only 89% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Follansbee remained 3.9%, which is 17% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Follansbee, only 19% of adults have a bachelor's degree and 37% have some college but no degree.

Cost of living in Follansbee is 0, which is 100% lower than national average. Median home value in Follansbee is $88700 , which is 61% lower than national average. While median income in Follansbee remained $45769, which is 32% lower than national average.
Population
2768
Unemployment
3.9%
17% NAT AVG.
Poverty
14.1%
1% NAT AVG.
Overall Score
5
Median Home Cost
$88700
61% NAT AVG.
Median Income
$45769
32% NAT AVG.
Median Rent
$720
38% NAT AVG.
People Living BPL
1 in 7
Unemployed People
1 in 26
People Earning < $10,000
1 in 12
People Earning < $50,000
51.7%
People with <= High School
1 in 2.3
People With Any Degree
1 in 3
Pros & Cons Overview

Jobs70%

Housing50%

Affordability85%

Safety70%

Amenities70%

Diversity40%

Education60%

Commute85%