Institute, West Virginia

US Census Bureau ACS 5-Year Estimates ยท 2022

WV

Institute Demographics Overview

Total Population
582
ACS 2022 estimate
Median Household Income
$45,625
Annual household income
โ–ผ 39% vs US avg
Median Home Value
$95,700
Owner-occupied homes
โ–ผ 66% vs US avg
Median Gross Rent
$950
Monthly rent (incl. utilities)
โ–ผ 18% vs US avg
Median Age
24.7 years
Median age of residents
โ–ผ 37% vs US avg

Income & Economy

Median Household Income
$45,625
US avg: $74,580
vs. National Median-38.8%

Housing

Median Home Value
$95,700
US avg: $281,900
Median Gross Rent
$950/mo
US avg: $1,163/mo
Rent vs. National Avg-18.3%

Population

Total Population582
Median Age
24.7 years
US avg: 38.9 yrs

Data Source

Data for Institute comes from the US Census Bureau American Community Survey (ACS) 5-Year Estimates, covering the period 2018โ€“2022.

The ACS 5-Year estimates provide the most reliable demographic statistics available, especially for smaller communities, by pooling 5 years of survey data.

Learn more about the ACS โ†’

Institute, WV โ€” Frequently Asked Questions

Common questions about Institute demographics

What is the population of Institute, West Virginia?

According to the US Census Bureau ACS 5-Year Estimates (2022), the population of Institute, West Virginia is 582.

What is the median household income in Institute?

The median household income in Institute, West Virginia is $45,625 per year, according to the 2022 ACS 5-Year Estimates. The US national median household income is approximately $74,580.

What is the cost of living in Institute?

Key cost indicators for Institute, West Virginia:. Median home value: $95,700. Median gross rent: $950/month. Median household income: $45,625/year

What is the median home value in Institute?

The median home value in Institute, West Virginia is $95,700, compared to the national median of approximately $281,900.

What is the average age in Institute?

The median age in Institute, West Virginia is 24.7 years, compared to the US national median age of approximately 38.9 years.

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Institute, WV Demographics - Population, Income & Housing (2022)