Living in Institute, West Virginia
Cost of living, income, home prices, rent and demographics of Institute · Census data 2020–2024
Institute has 521 residents with a median age of 26.8. The median household income is $42,315 (29% lower than the West Virginia median), the median rent is $1,000/month.
Institute is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Institute at a glance
- Population
- 521
- Median age
- 26.8State: 42.7
- Median household income
- $42,315State: $59,608
- Median rent
- $1,000/moState: $872
- Homeowners
- 63.6%
- Bachelor's degree or higher
- 37.7%
- Average commute
- 19 min
Is Institute a good place to live?
Pros: An average commute of 19 minutes.
Cons: Median household income 29% lower than the West Virginia median; a poverty rate of 20.6%.
The weather is best in May–June and August–September.
Cost of living in Institute
Housing is the biggest part of the cost of living. In Institute the median home value is —. Renters pay a median of $1,000 per month, which is 32.5% of household income. Homeowners with a mortgage pay — a month in housing costs.
Institute median household income
The median household income in Institute is $42,315 and the income per person is $18,940. 20.6% of residents live below the poverty line (West Virginia: 16.7%).
Housing in Institute: homes for sale and rent
- Housing units
- 180
- Owner-occupied
- 63.6%
- Renter-occupied
- 36.4%
- Vacant
- 26.7%Includes seasonal homes
- Median year built
- 1991
- Average household size
- 2.35
Institute demographics
- Population
- 521
- Median age
- 26.8
- Under 18
- 8.4%
- 65 and older
- 21.9%
- Households
- 132
- Foreign-born
- 5.8%
- Veterans
- 0%Adults 18+
Hispanic or Latino can be of any race. Population history of Institute ›
Education in Institute
37.7% of adults 25 and older in Institute have a bachelor's degree or higher (West Virginia: 24.1%), and 8.6% have a graduate or professional degree.
Jobs and commute in Institute
- Unemployment rate
- 0%State: 5.4%
- Average commute
- 19 minState: 27 min
- Work from home
- 0.4%
- Drive alone
- 58%
- Public transit
- 20.8%
- Walk to work
- 6.9%
- Homes with broadband
- 62.1%
Institute vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Institute | 521 | $42,315 | — | $1,000 |
| West Dunbar | 425 | $27,500 | $84,700 | $784 |
| Jefferson | 534 | $39,861 | $73,800 | $636 |
| Dunbar | 7,254 | $58,379 | $119,600 | $935 |
| St. Albans | 10,522 | $53,972 | $140,800 | $931 |
| Nitro | 6,853 | $53,848 | $128,900 | $949 |
| South Charleston | 13,457 | $63,884 | $155,400 | $844 |
| Cross Lanes | 9,671 | $63,537 | $153,800 | $949 |
| Tornado | 1,114 | $83,000 | $174,800 | — |
More for people moving to Institute
Institute ZIP code ›Weather and climate ›Living in Institute: FAQ
What is the median household income in Institute, WV?
The median household income in Institute is $42,315, 29% lower than the West Virginia median of $59,608 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How much is rent in Institute?
The median gross rent in Institute is $1,000 per month, about 32.5% of household income.
Is Institute, WV a good place to live?
Pluses: an average commute of 19 minutes. Minuses: median household income 29% lower than the West Virginia median; a poverty rate of 20.6%.
What is the median age in Institute?
The median age in Institute is 26.8 years (West Virginia: 42.7).
How long is the commute in Institute?
The average commute to work in Institute is 19 minutes; 0.4% of workers work from home.
What is the unemployment rate in Institute?
The unemployment rate in Institute is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Institute?
37.7% of adults in Institute have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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