Everything You Should Know Before Moving to Lorado, WV
Considering a move to Lorado, WV? This quiet community of about 120 residents offers affordable living, with median home values at $58,000 and average rents around $650. Enjoy a reasonable commute time of 22.5 minutes and a mild climate with 57% sunny days. While crime rates are moderate for a rural area, the small-town feel, access to local schools, and proximity to outdoor recreation make Lorado a budget-friendly spot for those seeking a slower pace of life.
Demographics - Lorado, WV
Demographics - Lorado, WV
Lorado, WV is a small rural community with a population of about 120 people, a median age of 45.7, and a predominantly White demographic. The area features a balanced gender ratio and a very low percentage of non-English speakers, offering a tight-knit and familiar atmosphere for new residents.
Population:
120
Density:
80 per sq mi
Median Age:
45.7
Gender Ratio:
98 males per 100 females
Non-English Speakers Percentage:
1.5%
Ethnic Composition
White:
95.2%
Black:
2.1%
Asian:
0.2%
Others:
2.5%
Cost Of Living
What is the average cost of living in Lorado, WV?
The cost of living in Lorado is notably low, with a median home value of $58,000 and average rent around $650 per month. Utilities, groceries, and transportation are also affordable, making Lorado an attractive choice for budget-conscious individuals or families.
Median House Value:
$58,000
Gross Rent:
$650
Monthly Electricity Charges:
$135
Auto Insurance:
$1,160
House Owner Cost With Mortgage:
$850
House Owner Cost Without Mortgage:
$270
State Taxes:
Low:
3%
|
High:
6.5%
Cost Of Living Index:
78.1
Grocery:
92.0
Housing:
45.0
Utilities:
95.0
Transportation:
85.0
Health Care:
89.0
Miscellaneous:
80.0
Crime
Is Lorado, WV a safe place to live?
Lorado experiences moderate crime rates for a town of its size, with a violent crime rate of 260 incidents per 100,000 residents and property crime at 1,450 per 100,000. While the chance of being a victim is relatively low, residents generally enjoy a sense of safety typical of small rural communities.
Violent Crimes Per 100k:
260
Property Crimes Per 100k:
1,450
Crime Index:
1,710
Chance Of Violent Crime:
1 in 385
Chance Of Property Crime:
1 in 69
Weather
What is the weather like in Lorado, WV year-round?
Residents in Lorado enjoy all four seasons, with mild summers reaching up to 85°F and winters dipping to 25°F. The area receives about 45 inches of rainfall annually and enjoys sunshine 57% of the year, creating a comfortable climate for outdoor activities.
Winter
Min:
25°F
Max:
43°F
Spring
Min:
42°F
Max:
68°F
Summer
Min:
62°F
Max:
85°F
Fall
Min:
44°F
Max:
69°F
Average Rainfall Inches:
45.0 inches
Sunny Days Percentage:
57%
Neighbors
Households in Lorado have a median income of $28,600, with a poverty rate of 23.5% and an unemployment rate of 7.8%. Most residents have at least a high school education, commute about 22.5 minutes to work, and the community maintains a welcoming, close-knit rural vibe.
Median Income:
$28,600
Household Income:
$32,500
Family Income:
$39,100
Per Capita Income:
$19,200
Income Male:
$35,000
Income Female:
$24,000
Poverty Rate:
23.5%
Non English Speakers:
1.5%
Rent:
$650
Unemployment Rate:
7.8%
Public Transport Usage:
0.4%
Commute Time:
22.5 minutes
Education
High School or Higher:
78.5%
Bachelors or More:
9.2%
Education
How are the schools in Lorado, WV?
Lorado is served by local public schools, including Man Elementary and Man High School, both offering manageable student-teacher ratios. Higher education opportunities are within reach at Southern West Virginia Community and Technical College, located about 20 miles away.
Public Schools
Name:
Man Elementary School
Street:
111 Marshall St, Man, WV 25635
Phone:
304-583-6521
Students:
320
Student Teacher Ratio:
15.3
Name:
Man High School
Street:
800 E. McDonald Ave, Man, WV 25635
Phone:
304-583-6521
Students:
340
Student Teacher Ratio:
13.8
Colleges
Name:
Southern West Virginia Community and Technical College
City:
Logan
State:
WV
Distance:
20 miles
Students:
1,500
Healthcare
Lorado offers access to nearby healthcare services, including the Logan Regional Medical Center with emergency and general care. With 1.5 physicians per 1,000 residents and nearly 87% health insurance coverage, basic medical needs are conveniently met within the region.
Major Hospitals
Name:
Logan Regional Medical Center
Address:
20 Hospital Dr, Logan, WV 25601
Phone:
(304) 831-1101
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
1.5
Health Insurance Coverage:
87.1%
Health Care Index:
68.2
Housing Market
What is the housing market like in Lorado, WV?
The housing market in Lorado is highly affordable, with a median home price of $58,000 and an owner-occupied rate of 76.8%. Home appreciation is steady, and rental options are available with a moderate vacancy rate, making it easy for newcomers to find a suitable place to live.
Median Home Price:
$58,000
Average Rent For 2 Bedroom:
$650
Owner Occupied Rate:
76.8%
Rental Vacancy Rate:
9.1%
Home Appreciation Rate (1yr):
2.5%
New Construction Rate:
0.1%
Foreclosure Rate:
0.7%
DMV Information
Residents of Lorado are served by the West Virginia Division of Motor Vehicles, with the nearest office located in Beckley. Services such as licensing and vehicle registration are accessible, and more information can be found on the official DMV website.
State:
West Virginia
Department:
West Virginia Division of Motor Vehicles
Address:
180 Dry Hill Rd, Beckley, WV 25801
Phone:
1-800-642-9066
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.