Velma Population History 1990 - 2023

What is the current population of Velma?

Based on the latest 2024 data from the US census, the current population of Velma is 578. Velma, Oklahoma is the 12,602nd largest city in the US.

What was the peak population of Velma?

The peak population of Velma was in 2000, when its population was 690. In 2000, Velma was the 11,934th largest city in the US; now its fallen to the 12,602nd largest city in the US. Velma is currently 16.2% smaller than it was in 2000.

How quickly is Velma shrinking?

Velma has shrunk 16.2% since the year 2000. Velma, Oklahoma's growth is below average. 78% of similarly sized cities are growing faster since 2000.

What is the voting age population of Velma, Oklahoma?

The total voting age population of Velma, Oklahoma, meaning US citizens 18 or older, is 393. The voting age population is 47.1% male and 52.9% female.

What percentage of Velma, Oklahoma residents are senior citizens?

According to the latest census statistics, 14.5% of the residents of Velma are 65 or older.

What are the racial demographics of Velma, Oklahoma?

The racial demographics of Velma are 85.3% White, 6.7% Two or more races, 5.6% American Indian and 2.4% Other. Additionally, 3.8% of the population identifies as Hispanic.

What percentage of Velma, Oklahoma residents are below the poverty line?

In Velma, 26.8% of residents have an income below the poverty line, and the child poverty rate is 40.8%. On a per-household basis, 22.2% of families are below the poverty line in Velma.

What percentage of Velma, Oklahoma residents are in the labor force?

Among those aged 16 and older, 54.9% of Velma residents are in the labor force.

What are the education levels among Velma, Oklahoma residents?

Among the adult population 25 years old and over, 86.2% of Velma residents have at least a high school degree or equivalent, 12.4% have a bachelor's degree and 4.7% have a graduate or professional degree.

What percentage of Velma, Oklahoma residents speak a non-English language at home?

Among Velma residents aged 5 and older, 3.1% of them speak a non-English language at home. Broken down by language: 3.1% of residents speak Spanish at home, 0.0% speak an Indo-European language, and 0.0% speak an Asian language.

What is the unemployment rate in Velma, Oklahoma?

The unemployment rate in Velma is 6.8%, which is calculated among residents aged 16 or older who are in the labor force.

What percentage of Velma, Oklahoma residents work for the government?

In Velma, 12.2% of the residents in the non-military labor force are employed by the local, state and federal government.

What is the median income in Velma, Oklahoma?

The median household income in Velma is $50,313.

What percentage of housing units are owner-occupied in Velma, Oklahoma?

In Velma, 69.7% of housing units are occupied by their owners.

What percentage of housing units are rented in Velma, Oklahoma?

Renters occupy 30.3% of housing units in Velma.

What percentage of Velma, Oklahoma housing units were built after 2000?

In Velma, 4.3% of the total housing units were built after the year 2000.

What is the median monthly rent in Velma, Oklahoma?

The median gross monthly rent payment for renters in Velma is $592.

What percentage of households in Velma, Oklahoma have broadband internet?

In Velma, 60.7% of households have an active broadband internet connection.