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Petroleum, WV
Considering a move to Petroleum, WV? With a friendly population of around 350 and affordable median home values near $98,000, Petroleum offers rural tranquility and a low cost of living. Residents enjoy moderate crime rates, short average commutes of 29 minutes, and access to good local schools and healthcare in nearby towns. If you’re looking for scenic country living with low housing costs and four distinct seasons, Petroleum could be a great fit.
Petroleum, WV is a small rural community of about 350 residents, with a median age of 44.2 years and a predominantly White population. The area features a balanced gender ratio and a low percentage of non-English speakers, creating a close-knit and familiar environment.
Living in Petroleum is very affordable, with a median home value of $98,000 and average rent around $720 per month. The overall cost of living index is significantly below the national average, making it an attractive option for budget-conscious families or retirees.
Petroleum experiences relatively low crime for its size, with a violent crime rate of 120 per 100,000 people and property crime being the more common concern. Residents enjoy a sense of safety typical of small, rural towns.
The area enjoys all four seasons, with warm summers reaching 85°F, crisp winters dipping to 22°F, and about 43.5 inches of rainfall annually. Over half the days are sunny, providing a pleasant climate for outdoor activities.
Households in Petroleum typically earn a median income of $52,500, with a poverty rate of 15.4%. Most residents have at least a high school diploma and commute just under 29 minutes to work, reflecting a modest and hard-working community.
Education in Petroleum is supported by local schools like Ritchie County Middle/High School, which features a favorable student-teacher ratio, and higher education options such as West Virginia University at Parkersburg less than 30 miles away. This provides families with quality educational opportunities from kindergarten through college.
Nearby hospitals such as Camden Clark Medical Center and Sistersville General Hospital provide essential medical care, with 1.8 physicians per 1,000 residents and nearly 90% of locals having health insurance coverage. This ensures access to both routine and emergency healthcare services within a reasonable distance.
Petroleum's housing market is stable and affordable, with a median home price of $98,000 and owner-occupancy at nearly 79%. Home values have appreciated modestly, and most residents benefit from low rental vacancy and foreclosure rates.
Petroleum residents are served by the West Virginia Division of Motor Vehicles, with the main office located in Charleston. Services such as licensing, registration, and driver information are available online and by phone for added convenience.
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.
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