Income & Economy in Welch, WV

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$36,188

-51% vs national

Per Capita Income

$11,111

-70% vs national

Poverty Rate

26.8%

+97% vs national

Gini Index

0.4312

0 = perfect equality

Unemployment

5.9%

+13% vs national

SNAP Recipients

38.6%

of households

How Welch Compares

Source: Census ACS (2023)

Welch vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Welch is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Welch. The median household income here is $36,188.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
41.7%
$25-50K
23.1%
$50-75K
23.0%
$75-100K
6.2%
$100-150K
3.8%
$150-200K
2.2%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

5.9%

-19% vs WV avg

Labor Force

560

Employed

527

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

5.5%

of adults 25+

High School Diploma+

49.3%

of adults 25+

Median Age

39.8

Work from Home

12.4%

of workers

The median household income in Welch, WV is $36,188, which is 50.6% below the national average of $73,224. Per capita income is $11,111. The poverty rate of 26.8% is higher than the WV state average of 19.5%. The Gini index of income inequality is 0.4312, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 5.9%, compared to the state average of 7.3%. 5.5% of adults hold a bachelor's degree or higher.