Welch is a city in West Virginia state in USA with a population of 2966 residents.. The poverty rate of Welch is 23.7%, which is 69% higher than national average. The typical household in Welch earns $37841 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 7 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 68.9% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Welch, only 84% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Welch remained 8.4%, which is 79% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Welch, only 9% of adults have a bachelor's degree and 25% have some college but no degree.

Cost of living in Welch is 0, which is 100% lower than national average. Median home value in Welch is $54900 , which is 76% lower than national average. While median income in Welch remained $37841, which is 44% lower than national average.