Welch, OK (74369) is a small town located in Craig County. It has a population of around 1,000 people. The 2-bedroom rent in Welch is $830 which is significantly cheaper than the US average of $1,430. The grocery cost index in Welch is 93 versus 100 in the US. Local companies in Welch include Welch Grocery and Deli, Welch Pharmacy, Frick Family Dentistry, and Osage Plains Construction Company. Other local businesses include Quality Computers, Welch Auto Sales & Repair, and JC’s Small Engine Repair. There are also several local churches that provide services to the community such as Calvary Baptist Church and First United Methodist Church.
Welch (zip 74369) has an unemployment rate of 3.5%. The US average is 6.0%.
Welch (zip 74369) has seen the job market decrease by -3.0% over the last year. Future job growth over the next ten years is predicted to be 20.2%, which is lower than the US average of 33.5%.
Tax Rates for Welch (zip 74369)
- The Sales Tax Rate for Welch (zip 74369) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Welch (zip 74369) is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Welch (zip 74369)
- The average income of a Welch (zip 74369) resident is $23,289 a year. The US average is $37,638 a year.
- The Median household income of a Welch (zip 74369) resident is $48,698 a year. The US average is $69,021 a year.