Welch, WV Real Estate
According to census data in the year 2000 there were 1,494 housing units in Welch.
This represents a 8.2% decline from 1,628 in 1990.
Of those housing units, 1,407 were located in either urbanized areas or urban clusters, and 87 were located in what is classified as a rural area.
Homeownership rate in Welch is about 64.3%.
Welch's vacancy rate, including seasonal lodging, is about 18.9%.
Average household size is 2.14 people.
The majority of houses, apartments or condos in Welch were built after 1949.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.40% |
| One Bedroom | 18.50% |
| Two Bedrooms | 29.50% |
| Three Bedrooms | 40% |
| Four Bedrooms | 10.40% |
| Five Bedrooms or more | 1.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.28 |
| Median year structure was built | 1949 |
| Median Value of occupied units | $38,600 |
| Median Price asked for vacant units | $15,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.9 |
| Median year structure was built | 1952 |
| Median Monthly Rent asked for vacant units | $243 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 1.20% |
| Home Equity Loan | 0.30% |
| Simple Mortgage | 38.40% |
| Debt Free | 60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 12.4% |
