In 2023, Velma, OK had a population of 585 people with a median age of 41.7 and a median household income of $61,806. Between 2022 and 2023 the population of Velma, OK grew from 558 to 585, a 4.84% increase and its median household income declined from $73,333 to $61,806, a −15.7% decrease.
The 5 largest ethnic groups in Velma, OK are White (Non-Hispanic) (82.6%), Two Races Excluding Other, & Three or More Races (Non-Hispanic) (10.4%), American Indian & Alaska Native (Non-Hispanic) (5.81%), Two Races Including Other (Hispanic) (1.2%), and Black or African American (Non-Hispanic) (0%).
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.
99.3% of the residents in Velma, OK are U.S. citizens.
In 2023, the median property value in Velma, OK was $105,200, and the homeownership rate was 74.5%.
Most people in Velma, OK drove alone to work, and the average commute time was 26 minutes. The average car ownership in Velma, OK was 2 cars per household.