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

Is Grafton, West Virginia a good place to live?
Grafton is a city in West Virginia state in USA with a population of 5035 residents.. The poverty rate of Grafton is 27.5%, which is 96% higher than national average. The typical household in Grafton earns $34555 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 9 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 62.8% of households earn less than $50,000 a year compared to 39% national rate. With a lack of available jobs, many in Grafton are struggling financially. Nearly one in every 1 in every 6 workers in Grafton is unemployed. The high jobless rate has likely contributed to the widespread poverty in the city.

A high school education is a basic prerequisite for most jobs, and in Grafton, only 91% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Grafton remained 15.5%, which is 230% higher than national rate. Nearly 3 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Grafton, only 18% of adults have a bachelor's degree and 28% have some college but no degree.

Cost of living in Grafton is 80, which is 20% lower than national average. Median home value in Grafton is $77500 , which is 66% lower than national average. While median income in Grafton remained $34555, which is 49% lower than national average.
Population
5035
Unemployment
15.5%
230% NAT AVG.
Poverty
27.5%
96% NAT AVG.
Overall Score
4
Median Home Cost
$77500
66% NAT AVG.
Median Income
$34555
49% NAT AVG.
Median Rent
$553
52% NAT AVG.
Cost Of Living
80
20% NAT AVG.
People Living BPL
1 in 4
Unemployed People
1 in 6
People Earning < $10,000
1 in 9
People Earning < $50,000
62.8%
People with <= High School
1 in 1.9
People With Any Degree
1 in 3.6
Pros & Cons Overview

Jobs30%

Housing30%

Affordability80%

Safety85%

Amenities80%

Diversity50%

Education70%

Commute85%