West Virginia

Highlights

• #28 of 50: Momentum
• #41 of 50: Talent
• #42 of 50: Scale-ups

The seven inputs

Each input is a z-score against the other states: 0 is the average state, and each step is one standard deviation (capped at ±3). Ranks are among the 50 states.

• Venture capital -1.3 #47 of 50
• Startup formation -1.9 #50 of 50
• Scale-ups -0.8 #42 of 50
• Economic output and wealth -2.0 #49 of 50
• Innovation and patents -1.7 #50 of 50
• Talent -0.8 #41 of 50
• Momentum -0.2 #28 of 50

Top companies

The largest companies headquartered in West Virginia, by latest annual revenue.

1. United Bankshares Inc. UBSI · Financials · Charleston, WV $1.2B
2. Energy Services of America Corporation ESOA · Industrials · Huntington–Ashland, WV-KY-OH $411M
3. Infinity Natural Resources Inc. INR · Energy · Morgantown, WV $356M
4. City Holding Company CHCO · Financials · Charleston, WV $314M

Roots Density Data, All Companies (public: SEC filings; private: Forbes Top Private Companies 2025). Ranked by latest annual revenue.

Metros in West Virginia

• Morgantown, WV #69 of 109 metros 35
• Charleston, WV #105 of 109 metros 11
• Huntington–Ashland, WV-KY-OH #108 of 109 metros 1