HOA Accounting West Virginia

HOA Accounting West Virginia

Numerus provides HOA accounting and bookkeeping services in West Virginia. Communities that do not need full service management will benefit from our hybrid service which is a much more affordable option compared to local HOA companies.

West Virginia, was originally part of Virginia until it became a separate state during the Civil War. This separation was driven by differences in geography, economy, and political alignment.

Prior to European settlement, the area now known as West Virginia was inhabited by various Native American tribes, including the Shawnee and Cherokee. European exploration began in the 17th century, with settlers from Virginia moving westward into the Appalachian Mountains. This region remained sparsely populated due to its rugged terrain and lack of navigable rivers.

West Virginia's path to statehood was significantly influenced by the American Civil War. The northwestern counties of Virginia, which opposed secession from the Union, chose to break away from Virginia. The Wheeling Conventions of 1861 led to the creation of the Restored Government of Virginia, which recognized the authority of the Union. This government granted permission for the creation of a new state, and on June 20, 1863, West Virginia was admitted to the Union as the 35th state.

West Virginia's population has experienced fluctuations since its statehood. According to the U.S. Census, the population in 1860, just before statehood, was approximately 376,000. The state saw growth through the late 19th and early 20th centuries, peaking at around 2 million in 1950 due to the coal industry's expansion.

However, since the mid-20th century, the state has faced population decline, largely due to the mechanization of coal mining and the resulting loss of jobs. The 2020 Census recorded West Virginia's population at approximately 1.79 million, marking a continued decline. This demographic trend is attributed to economic challenges, including a lack of diversified employment opportunities and an aging population.

West Virginia's economy has historically been dominated by the extraction industries, particularly coal mining. The state is one of the largest producers of bituminous coal in the United States, which has played a crucial role in its economic development. However, the decline of the coal industry in recent decades has had significant economic repercussions.

Apart from coal, West Virginia's economy includes natural gas production, forestry, and chemical manufacturing. The state also has a growing tourism sector, driven by its natural beauty and outdoor recreational opportunities, such as hiking, fishing, and white-water rafting.

Agriculture remains a smaller, yet vital part of the economy, focusing on livestock, dairy products, and crops such as apples and peaches. Additionally, West Virginia has been working to diversify its economy through investments in education, technology, and healthcare.

West Virginia has been home to several notable individuals who have made significant contributions in various fields. 

Stonewall Jackson: A Confederate general during the American Civil War, Thomas "Stonewall" Jackson was born in Clarksburg, then part of Virginia, now West Virginia.

Chuck Yeager: Born in Myra, West Virginia, General Charles "Chuck" Yeager was a renowned test pilot and the first person to break the sound barrier in 1947.

Pearl S. Buck: An acclaimed author and Nobel laureate in literature, Pearl S. Buck was born in Hillsboro, West Virginia. Her works, including "The Good Earth," provided significant insights into Chinese peasant life.

Robert C. Byrd: A long-serving U.S. Senator, Robert Byrd represented West Virginia for over 50 years. He was a prominent figure in American politics.

West Virginia's history is marked by its unique path to statehood, economic reliance on natural resources, and population changes influenced by industrial shifts. While facing economic challenges, the state continues to adapt and diversify its economy.

Numerus is proud to serve homeowner associations in West Virginia. Please contact us today for more information and a free quote.