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CITY · 2000 CENSUS

Velma

Oklahoma · 664 residents · 1.353 sq mi
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The short version

Velma has notably lower household income than the US average, with a median household income of $30,341. Population has held roughly steady since 1990. 12% of adults hold a bachelor's degree or higher, below the national rate of 24%. Median home value is $46,000.

At a glance
Lower income
below the US median
US median: $42,589
Mid-age
median age 35.0
US median: 35.2
Less educated
12% hold a bachelor's degree
US average: 24%
More affordable
home values down 7%, inflation adjusted
US median home: $120,530
Section 01

Population & growth

664
+3%since 1990
from 644 in 1990
1990 – 2025
491 / sq mi
+3%since 1990
from 476 / sq mi in 1990
US average: 242
35.0
+10%since 1990
from 31.7 in 1990
US average: 35.2
Population, 19902024
5176297428549671990201020202024Velma
2024590
1990201020202024
Section 02

Income & economy

$30,341
+5%inflation adjusted, since 1990
from $21,985 in 1990
US average: $42,589
1990 – 2024
$12,010
+28%since 1990
from $9,416 in 1990
US average: $21,522
17.8%
+10.3 ptssince 1990
from 7.5% in 1990
US average: 12.4%
Section 03

Housing

$46,000
−7%inflation adjusted, since 1990
from $37,500 in 1990
US average: $120,530
1990 – 2024
$370
−6%inflation adjusted, since 1990
from $299 in 1990
US average: $602
76.5%
+5.3 ptssince 1990
from 71.2% in 1990
23.5% rent
1.5
−11%since 1990
from 1.7 in 1990
1990 – 2024
RELATED:See current rent listings in Velma on RentDataNow
Section 04

Race & ethnicity

1990
White, non-Hispanic93.6%(603)
Black0%(0)
Hispanic / Latino1.9%(12)
Asian0%(0)
Diversity Score18.9%(121)
2000
White, non-Hispanic90.5%(601)
Black0%(0)
Hispanic / Latino1.1%(7)
Asian0%(0)
Diversity Score2.8%(19)
3
−85%since 1990
from 19 in 1990
1990 – 2024
Section 05

Education

12.4%
+1.6 ptssince 1990
from 10.8% in 1990
US average: 24.4%
High school or higher
80.0%
+11.1 ptssince 1990
from 68.9% in 1990
US average: 80.3%
3.3%
+1.8 ptssince 1990
from 1.6% in 1990
US average: 8.8%
Section 06

Commute & transportation

18.9 min
+51%since 1990
from 12.6 min in 1990
US average: 17.6
Section 07

Work & employment

No data for the years selected.

Section 08

People & community

No data for the years selected.

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Frequently asked

How many people live in Velma, Oklahoma?

Velma, Oklahoma has about 664 residents according to the 2000 Census.

What is the median household income in Velma, Oklahoma?

The typical household in Velma, Oklahoma earns about $30,341 a year. Half of households make more than that, and half make less.

Is Velma, Oklahoma expensive?

In Velma, Oklahoma, the median home is worth about $46,000, and the typical rent is about $370 a month.

How educated are people in Velma, Oklahoma?

About 12.4% of adults age 25 and over in Velma, Oklahoma hold a bachelor's degree or higher.

What is the poverty rate in Velma, Oklahoma?

About 17.8% of people in Velma, Oklahoma live below the federal poverty line.

Has Velma, Oklahoma grown since 1990?

Yes, Velma, Oklahoma has grown since 1990. The population has added about 20 residents, a change of about 3 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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