Hico, West Virginia Unemployment

Hico, West Virginia has a population of 271, with a median household income of $42,118.

Current unemployment data for Hico.

6.10%

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Population

271

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Median Income

$42,118

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Unemployment

6.10%

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Housing Price

$152,700

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Crime Rate

7.40

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Internet Speed

42.40 Mbps

Hico 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.

Hico, located in West Virginia, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Hico has a population of 271, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Hico is $42,118, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Hico is about $152,700, making it relatively affordable compared to many cities in West Virginia.

Employment and Safety

The unemployment rate in Hico is 6.10%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Hico are higher than the state average, which may be a factor for residents to consider.

City Comparison

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

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

Frequently Asked Questions about Hico

What is the population of Hico?

The population of Hico is approximately 271.

Is Hico a good place to live?

Hico 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 Hico?

The median household income in Hico is around $42,118.

How expensive is housing in Hico?

The average housing price in Hico is approximately $152,700.