Population 1,333 · Census ACS 2020–24
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Population and households in Velma
Household size in Velma
| Period | Velma | Oklahoma | U.S. |
|---|---|---|---|
| 2006–10 | 2.56 | 2.55 | 2.68 |
| 2010–14 | 2.50 | 2.60 | 2.73 |
| 2015–19 | 2.80 | 2.63 | 2.71 |
| 2020–24 | 2.50 | 2.58 | 2.65 |
| Change | −0.06 | +0.03 | −0.03 |
Households in Velma run a little small, averaging 2.50 people against 2.65 nationally, which usually means more singles and couples and fewer children.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Velma
| Period | Velma | Oklahoma | U.S. |
|---|---|---|---|
| 2006–10 | 41.5 | 37.4 | 37.7 |
| 2010–14 | 37.6 | 37.5 | 38.6 |
| 2015–19 | 39.1 | 37.9 | 39.6 |
| 2020–24 | 40.3 | 38.0 | 40.1 |
| Change | −1.2 | +0.6 | +2.3 |
Half of the people in Velma are younger than 40.3 and half are older, close to the national median of 40.1. The population here is older than in Oklahoma overall, where the median age is 38.0. The median age has dropped from 41.5 in 2006–10, but in a place this small, much of that may be survey noise rather than real change.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Velma
| Period | Velma | Oklahoma | U.S. |
|---|---|---|---|
| 2006–10 | 9.0% | 11.9% | 12.3% |
| 2010–14 | 14.1% | 12.1% | 12.3% |
| 2015–19 | 10.1% | 12.1% | 11.6% |
| 2020–24 | 21.7% | 12.0% | 11.6% |
| Change | +12.7 pts | +0.1 pts | −0.6 pts |
Single parents head more than one in five households in Velma (21.7%), well above the national share of 11.6%.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Velma
Renters in Velma
| Period | Velma | Oklahoma | U.S. |
|---|---|---|---|
| 2006–10 | 16.7% | 31.8% | 33.3% |
| 2010–14 | 23.7% | 33.5% | 35.6% |
| 2015–19 | 21.1% | 34.4% | 36.0% |
| 2020–24 | 21.2% | 34.2% | 34.8% |
| Change | +4.5 pts | +2.4 pts | +1.5 pts |
Only 21.2% of households in Velma rent their homes, far below the national share of 34.8%, so most residents are owners who tend to stay put. About six in ten owners (59.4%) have paid off their mortgages, well above the national share of 39.8%.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Velma
| Period | Velma | Oklahoma | U.S. |
|---|---|---|---|
| 2006–10 | 12.4% | 12.8% | 11.4% |
| 2010–14 | 10.9% | 12.7% | 11.4% |
| 2015–19 | 24.8% | 13.5% | 11.1% |
| 2020–24 | 9.2% | 11.3% | 9.6% |
| Change | −3.2 pts | −1.5 pts | −1.8 pts |
About as many homes sit empty in Velma as nationally: 9.2%, against 9.6%. The rate is lower than in Oklahoma as a whole (11.3%).
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Velma
| Period | Velma | Oklahoma | U.S. |
|---|---|---|---|
| 2006–10 | 1970 | 1976 | 1974 |
| 2010–14 | 1976 | 1977 | 1975 |
| 2015–19 | 1979 | 1979 | 1977 |
| 2020–24 | 1980 | 1982 | 1980 |
| Change | +10 | +7 | +6 |
Homes in Velma are the same age as the nation's housing: the median home was built in 1980.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Velma
| Period | Velma | Oklahoma | U.S. |
|---|---|---|---|
| 2006–10 | $613 | $716 | $965 |
| 2010–14 | $605 | $805 | $1,040 |
| 2015–19 | $543 | $897 | $1,213 |
| 2020–24 | $906 | $1,127 | $1,571 |
| Change | +$293 | +$411 | +$606 |
A typical rental in Velma costs $906 a month with utilities, well below the national median of $1,571. Rent takes 29.4% of the typical renter's income, just under the 30% mark often used to define affordable rent.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Velma
Bachelor's degrees in Velma
| Period | Velma | Oklahoma | U.S. |
|---|---|---|---|
| 2006–10 | 15.8% | 24.2% | 28.4% |
| 2010–14 | 14.9% | 24.9% | 29.6% |
| 2015–19 | 15.7% | 26.1% | 32.1% |
| 2020–24 | 17.6% | 28.9% | 35.6% |
| Change | +1.8 pts | +4.7 pts | +7.2 pts |
College degrees are relatively uncommon in Velma: 17.6% of adults 25 and older hold a bachelor's or higher, well below the national share of 35.6%.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Velma
| Period | Velma | Oklahoma | U.S. |
|---|---|---|---|
| 2006–10 | 85.6% | 86.0% | 84.9% |
| 2010–14 | 86.8% | 87.0% | 86.1% |
| 2015–19 | 89.2% | 88.1% | 87.7% |
| 2020–24 | 91.6% | 89.3% | 89.3% |
| Change | +6.0 pts | +3.3 pts | +4.3 pts |
High school completion in Velma is a bit above the national rate: 91.6% of adults have a diploma or equivalent, against 89.3%.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Velma
| Period | Velma | Oklahoma | U.S. |
|---|---|---|---|
| 2006–10 | 4.2% | 6.1% | 8.1% |
| 2010–14 | 6.2% | 6.8% | 9.4% |
| 2015–19 | 9.6% | 5.2% | 5.6% |
| 2020–24 | 5.7% | 5.0% | 5.4% |
| Change | +1.5 pts | −1.1 pts | −2.7 pts |
At 5.7%, unemployment in Velma is close to the national rate of 5.4%. Because the Census pools five years of responses (2020–24), these rates smooth over short swings and lag the current job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Velma compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Velma | 2.50 | 40.3 | 21.7% | 21.2% | 9.2% | 1980 | $906 | 17.6% | 91.6% | 5.7% |
| Countyline | 2.14 | 44.1 | 22.4% | 10.9% | 14.2% | 1978 | $666 | 21.8% | 91.9% | 8.7% |
| Loco | 2.59 | 45.7 | 10.8% | 8.3% | 21.7% | 1987 | $764 | 24.9% | 94.1% | 7.3% |
| Tussy | 2.56 | 40.8 | 9.0% | 14.6% | 11.8% | 1980 | $937 | 24.2% | 93.1% | 4.2% |
| Ratliff City | 2.73 | 38.4 | 11.7% | 12.4% | 19.6% | 1981 | $971 | 12.0% | 93.7% | 2.3% |
| Fox | 2.58 | 40.7 | 15.0% | 7.5% | 17.3% | 1985 | $890 | 12.6% | 91.9% | 6.3% |
| Tatums | 2.55 | 44.6 | 2.6% | 20.1% | 17.7% | 1978 | $772 | 8.0% | 88.4% | 6.8% |
| Graham | 2.60 | 40.9 | 12.8% | 10.3% | 17.7% | 1984 | $886 | 11.7% | 91.6% | 5.8% |
| Duncan | 2.42 | 40.7 | 12.2% | 30.3% | 14.0% | 1970 | $933 | 19.2% | 87.4% | 6.7% |
| Gas City | 2.68 | 47.9 | 4.9% | 5.9% | 24.2% | 1988 | $803 | 25.8% | 95.0% | 3.9% |
| Sunray | 2.83 | 41.1 | 7.7% | 8.8% | 11.9% | 1981 | $948 | 16.8% | 89.5% | 5.8% |
All figures 2020–24.
Cities with similar populations: Roscoe, NY · Olpe, KS · Pateros, WA · Pendleton, KY · Pheba, MS · Plummer, ID · Raymond, CA · Reelsville, IN · Reliez Valley, CA · Rocky Hill, NJ
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Velma. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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