HomeWest VirginiaMcDowell CountyWelch city
Welch city, West Virginia: commercial real estate data.
Welch city is a Census city of 3,507 people across 7.63 square miles of land, in McDowell County. Median household income is $32,969, 75.3 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $50,000.
76 sourced place values · tier FULL · 8 sections
Welch
What Welch is
- Census place typecity
- Land area7.63 sq mi
- Water area0.04 sq mi
- Population per square mile of land459
- County holding the largest share of its areaMcDowell 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
- Population3,507
- Median age40.6
- Population under 18285 plus or minus 93
- Share under 188.1 percent plus or minus 2.7
- Population 65 and over403 plus or minus 137
- Share 65 and over11.5 percent plus or minus 3.9
- Households681
- Family households332 plus or minus 89
- Share of households that are families48.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Welch
Income and work in Welch
- Median household income$32,969 plus or minus $11,733
- Per capita income$10,499
- Civilian labor force437 plus or minus 115
- Employed437 plus or minus 115
- Unemployed0
- Unemployment rate0.0 percent
- Adults 25 and over3,020
- Adults 25 and over with a high school diploma or higher72.0 percent
- Adults 25 and over with a bachelor degree or higher5.0 percent plus or minus 2.1
- Adults 25 and over with a graduate degree1.9 percent plus or minus 1.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Welch
Housing in Welch
- Housing units969
- Occupied units681
- Vacant units288 plus or minus 85
- Vacancy rate29.7 percent plus or minus 7.7
- Owner occupied513 plus or minus 118
- Renter occupied168 plus or minus 97
- Ownership rate75.3 percent
- Median owner-occupied home value$57,300 plus or minus $20,634
- Median gross rent, monthly$441 plus or minus $400
- Annual rent as a share of median income16.1 percent plus or minus 15.6
- Single family units715
- Share single family73.8 percent
- Units in buildings of two or more188 plus or minus 78
- Share in buildings of two or more19.4 percent plus or minus 7.6
- Mobile homes66 plus or minus 49
- Median year structure built1948
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 commute400 plus or minus 119
- Commuting under 15 minutes305 plus or minus 137
- Share commuting under 15 minutes76.3 percent plus or minus 25.8
- Commuting 30 minutes or more39 plus or minus 37
- Share commuting 30 minutes or more9.8 percent plus or minus 8.9
- Drove alone72.1 percent
- Carpooled13.6 percent plus or minus 10.5
- Public transport4.4 percent plus or minus 6.6
- Walked2.1 percent plus or minus 3.4
- Worked from home7.8 percent plus or minus 10.4
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$50,000
- Average approval$50,000
- Median approval$50,000
- Ninetieth percentile approval$50,000
- Largest approval$50,000
- Jobs supported0
- Jobs per approval0.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 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.
Welch
SBA 504 lending to Welch borrowers
- Approvals1
- Gross approval$193,000
- Average approval$193,000
- Median approval$193,000
- Largest approval$193,000
- Jobs supported2
- Loans with a final outcome0
- Charged off0
- Median term240 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
McDowell County, not Welch
McDowell County context, not Welch figures
These are McDowell 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 McDowell County213
- Employment at those establishments, McDowell County2,253
- Covered employment, McDowell County3,934
- Average annual pay, McDowell County$56,048
- Average weekly wage, McDowell County$1,078
- Housing units permitted, McDowell County7
- Of those, single family, McDowell County7
- County product, 2024, McDowell County$727,825,000
- County product change over the prior year, McDowell County5.1 percent
- Average income of an arriving household, McDowell County$27,261
Every figure in this section is published for McDowell 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, West Virginia?
3,507, in 681 households. Welch city covers 7.63 square miles of land, which is 459 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?
McDowell 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?
$32,969. The median owner-occupied home is valued at $57,300. Median gross rent is $441 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 $50,000, across 1 lenders, median approval $50,000, plus 1 504 approvals worth $193,000. 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 McDowell 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.