HomeOklahomaCraig CountyWelch town
Welch town, Oklahoma: commercial real estate data.
Welch town 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.
66 sourced place values · tier FULL · 7 sections
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 7(a) lending to Welch borrowers
- Approvals1
- Gross approval$1,370,000
- Average approval$1,370,000
- Median approval$1,370,000
- Ninetieth percentile 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
A charge-off rate is not published here. only 0 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Craig County, not Welch
Craig County context, not Welch figures
These are Craig County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Welch measurements.
- Establishments in Craig County340
- Employment at those establishments, Craig County3,973
- Covered employment, Craig County4,998
- Average annual pay, Craig County$45,540
- Average weekly wage, Craig County$876
- Housing units permitted, Craig County11
- Of those, single family, Craig County11
- County product, 2024, Craig County$589,217,000
- County product change over the prior year, Craig County1.4 percent
- Average income of an arriving household, Craig County$45,114
Every figure in this section is published for Craig County as a whole and is not a measurement of Welch. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
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 totalling $1.4 m, 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 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Welch figures?
No, and they are labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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