Bayard, West Virginia Median Income

Bayard, West Virginia has a population of 241, with a median household income of $40,118.

Current median income data for Bayard.

$40,118

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Population

241

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Median Income

$40,118

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Unemployment

6.40%

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Housing Price

$142,300

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Crime Rate

7.80

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Internet Speed

38.10 Mbps

Bayard is a small local community located in West Virginia. The city has a population that is below the average city population in West Virginia, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Bayard is a notable city in West Virginia, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Bayard has a population of 241, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Bayard is $40,118, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Bayard is about $142,300, making it relatively affordable compared to many cities in West Virginia.

Employment and Safety

The unemployment rate in Bayard is 6.40%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Bayard are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in West Virginia, Bayard shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Bayard continues to play a role in shaping regional trends in West Virginia, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Bayard

What is the population of Bayard?

The population of Bayard is approximately 241.

Is Bayard a good place to live?

Bayard offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Bayard?

The median household income in Bayard is around $40,118.

How expensive is housing in Bayard?

The average housing price in Bayard is approximately $142,300.