Velma, OK

Census Place

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2024 Population
590
US Senator
James Lankford
Republican Party
US Senator
Markwayne Mullin
Republican Party
2024 Median Age
41.8
0.24% 1-year increase
2024 Poverty Rate
22.7%
3.72% 1-year decrease
2024 Median Household Income
$87,674
41.9% 1-year growth
2024 Median Property Value
$111,500
5.99% 1-year growth
2024 Employed Population
273
5.41% 1-year growth

About

None of the households in Velma, OK reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

99% of the residents in Velma, OK are U.S. citizens.

In 2024, the median property value in Velma, OK was $111,500, and the homeownership rate was 74.3%.

Most people in Velma, OK drove alone to work, and the average commute time was 24.6 minutes. The average car ownership in Velma, OK was 2 cars per household.

United StatesOklahomaStephens County, OKDuncan, OKSouth Central Oklahoma Counties--Ardmore, Duncan, Sulphur & Madill Cities PUMA, OK

Population & Diversity

Velma, OK is home to a population of 590 people, from which 99% are citizens. As of 2024, 1.02% of Velma, OK residents were born outside of the country (6 people).

In 2024, there were 6.41 times more White (Non-Hispanic) residents (474 people) in Velma, OK than any other race or ethnicity. There were 74 Two Races Excluding Other, & Three or More Races (Non-Hispanic) and 28 American Indian & Alaska Native (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

99%
2024 Citizenship
99.3%
2023 Citizenship

As of 2024, 99% of Velma, OK residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Velma, OK was 99.3%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in Velma, OK compared to that of it's neighboring and parent geographies.

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Diversity

Race and Ethnicity

The 3 largest ethnic groups in Velma, OK
  1. White (Non-Hispanic)
    474 ± 121
  2. Two Races Excluding Other, & Three or More Races (Non-Hispanic)
    74 ± 41
  3. American Indian & Alaska Native (Non-Hispanic)
    28 ± 22
2.03%
Hispanic Population
12 people

In 2024, there were 6.41 times more White (Non-Hispanic) residents (474 people) in Velma, OK than any other race or ethnicity. There were 74 Two Races Excluding Other, & Three or More Races (Non-Hispanic) and 28 American Indian & Alaska Native (Non-Hispanic) residents, the second and third most common ethnic groups.

2.03% of the people in Velma, OK are hispanic (12 people).

The following chart shows the 8 races represented in Velma, OK as a share of the total population.

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Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Oklahoma.
Most Common Origin
  1. Mexico
    105,376 ± 7,864 people
  2. Vietnam
    13,032 ± 2,798 people
  3. Guatemala
    11,790 ± 2,662 people

In 2023, the most common birthplace for the foreign-born residents of Oklahoma was Mexico, the natal country of 105,376 Oklahoma residents, followed by Vietnam with 13,032 and Guatemala with 11,790.

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Foreign-Born Population

1.02%
2024 Foreign-Born Population
6 people
0.684%
2023 Foreign-Born Population
4 people

As of 2024, 1.02% of Velma, OK residents (6 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Velma, OK was 0.684%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Velma, OK compared to that of it's neighboring and parent geographies.

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Military

Veterans

Most Common Service Period
  1. Vietnam
    41 ± 56
  2. Gulf War (2001-)
    4 ± 16

Velma, OK has a large population of military personnel who served in Vietnam, 10.3 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Velma, OK.

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Economy

The economy of Velma, OK employs 273 people. In 2024, the largest industries in Velma, OK were Mining, Quarrying, & Oil & Gas Extraction (83 people), Transportation & Warehousing (26 people), and Educational Services (23 people), and the highest paying industries were Mining, Quarrying, & Oil & Gas Extraction ($83,125), Agriculture, Forestry, Fishing & Hunting, & Mining ($83,036), and Health Care & Social Assistance ($66,250).

Employment

Occupations

273
2024 Value
± 76
5.41%
1 Year growth
± 38.2%

From 2023 to 2024, employment in Velma, OK grew at a rate of 5.41%, from 259 employees to 273 employees.

The most common job groups, by number of people living in Velma, OK, are Material Moving Occupations (55 people), Office & Administrative Support Occupations (50 people), and Transportation Occupations (35 people). This chart illustrates the share breakdown of the primary jobs held by residents of Velma, OK.

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Unemployment Insurance Claims

Data is only available at the state level. Showing data for Oklahoma.

This chart shows weekly unemployment insurance claims in Oklahoma (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Industries

Employment by Industries

273
2024 Value
± 76
5.41%
1 Year growth
± 38.2%

From 2023 to 2024, employment in Velma, OK grew at a rate of 5.41%, from 259 employees to 273 employees.

The most common employment sectors for those who live in Velma, OK, are Mining, Quarrying, & Oil & Gas Extraction (83 people), Transportation & Warehousing (26 people), and Educational Services (23 people). This chart shows the share breakdown of the primary industries for residents of Velma, OK, though some of these residents may live in Velma, OK and work somewhere else. Census data is tagged to a residential address, not a work address.

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Median Earnings by Industry

$66,250
Median earning men ± $19,110
$36,875
Median earning women ± $12,301

The industries with the best median earnings for men in 2024 are Agriculture, Forestry, Fishing & Hunting, & Mining ($84,375), Transportation & Warehousing, & Utilities ($66,875), and Construction ($61,563).

The industries with the best median earnings for women in 2024 are Educational Services, & Health Care & Social Assistance ($54,375), Transportation & Warehousing, & Utilities ($33,750), and Agriculture, Forestry, Fishing & Hunting, & Mining ($31,875).

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Employment by Industry Sector

Data is only available at the state level. Showing data for Oklahoma.
Y-Axis
2.57%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 1.72M people employed in Oklahoma. This represents a 2.57% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 10%.

The following chart shows monthly employment numbers for each industry sector in Oklahoma.

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Civics

In the 2024 presidential election, the popular vote in Oklahoma went to Donald J. Trump with 66.2% of the vote. The runner-up was Kamala Harris (31.9%), followed by Robert Kennedy (1.02%).

James Lankford and Markwayne Mullin are the senators currently representing the state of Oklahoma. In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

Oklahoma is currently represented by 5 members in the U.S. house, and members of the House of Representives are elected to 2-year terms.

Presidential Elections

Voting results are not available for Velma, OK. Showing the available data for Oklahoma.
2024 Election Results
  1. Donald J. Trump (66.2%)
    Republican Party
  2. Kamala Harris (31.9%)
    Democratic Party
  3. Robert Kennedy (1.02%)
    Independent Party

In the 2024 presidential election, the popular vote in Oklahoma went to Donald J. Trump with 66.2% of the vote. The runner-up was Kamala Harris (31.9%), followed by Robert Kennedy (1.02%).

The following chart shows the popular vote results in Oklahoma for each registered party from 1976 to 2024.

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Senator Elections

US Senators from Oklahoma

Senatorial voting results are only available at the state level. Showing data for Oklahoma.
James Lankford
Senator from Oklahoma3
Assumed office on January 3, 2015
Took office following the resignation of Tom Coburn.
Markwayne Mullin
Senator from Oklahoma2
Assumed office on January 3, 2023
Took office following the resignation of Jim Inhofe.

James Lankford and Markwayne Mullin are the senators currently representing Oklahoma.

In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

The following chart shows elected senators in Oklahoma over time, excluding special elections, colored by their political party.

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Housing & Living

The median property value in Velma, OK was $111,500 in 2024, which is 0.335 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $105,200 to $111,500, a 5.99% increase. The homeownership rate in Velma, OK is 74.3%, which is higher than the national average of 65.2%.

People in Velma, OK have an average commute time of 24.6 minutes, and they drove alone to work. Car ownership in Velma, OK is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$111,500
Median Property Value 2024
±$7,900
$188
Median Property Taxes
±$69

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Velma, OK the largest share of households pay taxes in the < $800 range.

The chart underneath the paragraph shows the property taxes in Velma, OK compared to it's parent and neighbor geographies.

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Rent vs Own

74.3%
Homeownership
2024
70%
Homeowners with Mortgage
2024

In 2024, 74.3% of the housing units in Velma, OK were occupied by their owner. This percentage declined from the previous year's rate of 74.5%.

This chart shows the percentage of owner in Velma, OK compared it's parent and neighboring geographies.

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Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$87,674
Median Household Income
± $52,213
253
Number of Households
± 74

In 2024, the median household income of the 253 households in Velma, OK grew to $87,674 from the previous year's value of $61,806.

The following chart displays the households in Velma, OK distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $75k - $100k range.

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Wage Distribution

The closest comparable wage GINI for Velma, OK is from Oklahoma.
0.452
2023 Wage GINI in Oklahoma
0.456
2022 Wage GINI in Oklahoma

In 2023, the income inequality in Oklahoma was 0.452 according to the GINI calculation of the wage distribution. Income inequality had a 0.809% decline from 2022 to 2023, which means that wage distribution grew somewhat more even. The GINI for Oklahoma was lower than than the national average of 0.476. In other words, wages are distributed more evenly in Oklahoma in comparison to the national average.

This chart shows the number of workers in Oklahoma across various wage buckets compared to the national average.

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Transportation

Commuter Transportation

Most Common Commute in 2024
  1. Drove Alone (90.8%)
  2. Carpooled (5.13%)
  3. Worked At Home (2.56%)

In 2024, 90.8% of workers in Velma, OK drove alone to work, followed by those who carpooled to work (5.13%) and those who worked at home (2.56%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

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Commute Time

24.6 minutes
Average Travel Time

Using averages, employees in Velma, OK have a shorter commute time (24.6 minutes) than the normal US worker (26.4 minutes). Additionally, 6.02% of the workforce in Velma, OK have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Velma, OK compares to that of it's neighboring and parent geographies.

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Car Ownership

2 cars
Average Number

The following chart displays the households in Velma, OK distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Velma, OK have 2 cars.

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Poverty

Poverty & Diversity

22.7% of the population for whom poverty status is determined in Velma, OK (134 out of 590 people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Females 35 - 44, followed by Males 35 - 44 and then Males 12 - 14.

The most common racial or ethnic group living below the poverty line in Velma, OK is White, followed by Two Or More and Hispanic.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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Health

91.9% of the population of Velma, OK has health coverage, with 40.3% on employee plans, 23.9% on Medicaid, 9.15% on Medicare, 18.5% on non-group plans, and 0% on military or VA plans.

Primary care physicians in Oklahoma see 1,694 patients per year on average, which represents a 0% change from the previous year (1,694 patients). Compare this to dentists who see 1561 patients per year, and mental health providers who see 231 patients per year.

By gender, of the total number of insured persons, 49.8% were men and 50.2% were women.

Coverage

Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 22.2% under 18 years, 16.4% between 18 and 34 years, 45.6% between 35 and 64 years, and 15.8% over 64 years.

By gender, of the total number of insured persons, 49.8% were men and 50.2% were women.

The following chart shows the number of people with health coverage by gender.

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Uninsured People

8.14%
Uninsured
40.3%
Employer Coverage
23.9%
Medicaid
9.15%
Medicare
18.5%
Non-Group
0%
Military or VA

Between 2023 and 2024, the percent of uninsured citizens in Velma, OK grew by 32.2% from 6.15% to 8.14%.

The following chart shows how the percent of uninsured individuals in Velma, OK changed over time compared with the percent of individuals enrolled in various types of health insurance.

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