Pros and Cons of Living In Welch, West Virginia. Is Welch, WV a Nice Place To Live or Retire?

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Welch, West Virginia

Moving to Welch In West Virginia ? Is Welch, WV a Nice Place To Live? Pros and Cons of Living in Welch, West Virginia. Find out the best and worst about to live, raise a family or retire in Welch.

DEMOGRAPHICS

Population
2966
Unemployment
8.4%
79% NAT AVG.
Poverty
23.7%
69% NAT AVG.

ECONOMICS

Median Home Cost
$54900
76% NAT AVG.
Median Income
$37841
44% NAT AVG.
Median Rent
$692
40% NAT AVG.
Overall Score
4

CRIME REPORT

SOCIO-ECONOMICS

People Living Below BPL
1 in 4
Unemployed People
1 in 12
People Earning < $10,000
1 in 7
People Earning < $50,000
68.9%
People With Any Degree
1 in 7.1

ETHNICITY

Ethnicity Welch USA
White 67.5% 60.1%
African American 21% 12.2%
American Indian 0.9% 0.6%
Asian 0% 5.6%
Hawaiian 0% 0.2%
Multiracial 3.2% 2.8%
Hispanic 7.4% 18.2%
Other 0% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Welch USA
Less than $10,000 15% 5.8%
$10,000 to $14,999 4.3% 4.1%
$15,000 to $24,999 15% 8.5%
$25,000 to $34,999 10.7% 8.6%
$35,000 to $49,999 23.9% 12.0%
$50,000 to $74,999 10.9% 17.2%
$75,000 to $99,999 13.2% 12.8%
$100,000 to $149,999 4.6% 15.6%
$150,000 to $199,999 0.6% 7.1%

EDUCATION

Education Welch USA
< 9th Grade 6% 5.0%
9-12th Grade 10% 7.0%
High School or GED 50% 27.0%
Other College 20% 20.0%
Associate's Degree 5% 9%
Bachelor's Degree 4% 20.0%
Master's Degree 4% 9.0%
Professional Degree 1% 2.0%
Doctorate Degree 0% 1.0%
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. 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.

Cost of living in Welch is 0, which is 100% lower than national average. In Welch, only 9% of adults have a bachelor's degree and 25% have some college but no degree. 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.
Welch Scorecard

Jobs40%

Housing40%

Affordability80%

Safety50%

Amenities50%

Diversity85%

Education40%

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