Welch, Oklahoma: commercial real estate data.
Welch is a Census town of 661 people across 0.51 square miles of land, in Craig County. Median household income is $35,813, 66.1 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $1.4 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Welch
What Welch is
- Census place typetown
- Land area0.51 sq mi
- Water area0 sq mi
- Population per square mile of land1,289 plus or minus 277
- County holding the largest share of its areaCraig County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Welch
How many people live in Welch
- Population661 plus or minus 142
- Median age44.1 plus or minus 16.5
- Population under 18185 plus or minus 49
- Share under 1828.0 percent
- Population 65 and over161 plus or minus 73
- Share 65 and over24.4 percent plus or minus 9.7
- Households271 plus or minus 72
- Family households151 plus or minus 32
- Share of households that are families55.7 percent plus or minus 18.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Welch
Income and work in Welch
- Median household income$35,813 plus or minus $7,459
- Per capita income$22,598
- Civilian labor force236 plus or minus 51
- Employed210 plus or minus 47
- Unemployed26 plus or minus 14
- Unemployment rate11.0 percent plus or minus 5.4
- Adults 25 and over427 plus or minus 104
- Adults 25 and over with a high school diploma or higher91.8 percent plus or minus 30.3
- Adults 25 and over with a bachelor degree or higher11.9 percent plus or minus 4.5
- Adults 25 and over with a graduate degree3.5 percent plus or minus 3.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Welch
Housing in Welch
- Housing units313 plus or minus 73
- Occupied units271 plus or minus 72
- Vacant units42 plus or minus 14
- Vacancy rate13.4 percent plus or minus 3.2
- Owner occupied179 plus or minus 67
- Renter occupied92 plus or minus 26
- Ownership rate66.1 percent plus or minus 17.4
- Median owner-occupied home value$113,300
- Median gross rent, monthly$554 plus or minus $323
- Annual rent as a share of median income18.6 percent plus or minus 11.5
- Single family units240 plus or minus 73
- Share single family76.7 percent
- Units in buildings of two or more48 plus or minus 24
- Share in buildings of two or more15.3 percent plus or minus 7.0
- Mobile homes25 plus or minus 13
- Median year structure built1968
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Welch
How Welch gets to work
- Workers 16 and over who commute201 plus or minus 46
- Commuting under 15 minutes49 plus or minus 20
- Share commuting under 15 minutes24.4 percent plus or minus 8.5
- Commuting 30 minutes or more78 plus or minus 36
- Share commuting 30 minutes or more38.8 percent plus or minus 15.4
- Drove alone78.2 percent
- Carpooled11.7 percent plus or minus 7.3
- Public transport1.5 percent plus or minus 1.9
- Walked5.3 percent plus or minus 4.2
- Worked from home2.4 percent plus or minus 2.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Welch
SBA loans in Welch (7(a))
- Approvals1
- Gross approval$1,370,000
- Average approval$1,370,000
- Median approval$1,370,000
- Largest approval$1,370,000
- Jobs supported4
- Jobs per approval4.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term180 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
Counted by borrower city: approvals to borrowers whose address is in Welch, in any county, FY2020 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Welch
Flood risk in Welch
- NFIP communityTown of Welch
- NFIP community number400451
- Participating in the NFIPNo
- Community Rating System classNone
- Currently effective map date09/13/19
The Town of Welch does not participate in the National Flood Insurance Program as community 400451 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Craig County, not Welch
Craig County context, not Welch figures
- Establishments in Craig County340
- Covered employment, Craig County4,998
- Average annual pay, Craig County$45,540
- Housing units permitted, Craig County11
Every figure in this section is published for Craig County as a whole and is not a measurement of Welch.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Welch questions, answered from the record.
How many people live in Welch, Oklahoma?
661, in 271 households. Welch town covers 0.51 square miles of land, which is 1,289 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Welch in?
Craig County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Welch?
$35,813. The median owner-occupied home is valued at $113,300. Median gross rent is $554 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Welch businesses?
1 7(a) approvals totaling $1.4 m since FY2020, across 1 lenders, median approval $1,370,000. These count approvals to borrowers whose address is in Welch, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Welch borrowers get paid back?
No rate is published for Welch. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Welch in the National Flood Insurance Program?
No, it is listed but not participating. Welch appears in the FEMA Community Status Book as Welch, town of, community 400451, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Welch figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Craig County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Welch.
Is zoning published for Welch?
No. Nothing on this page presents parcel level zoning.
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