Velma, Oklahoma Population 2024

584

Velma is a town located in Cotton County and Stephens County Oklahoma. Velma has a 2024 population of 584. Velma is currently growing at a rate of 1.04% annually and its population has increased by 4.29% since the most recent census, which recorded a population of 560 in 2020.

The average household income in Velma is $68,032 with a poverty rate of 26.16%. The median age in Velma is 41.6 years: 41.5 years for males, and 41.6 years for females.

Velma Demographics

According to the most recent ACS, the racial composition of Velma was:

  • White: 86.02%
  • Two or more races: 12.01%
  • Native American: 1.97%
  • Black or African American: 0%
  • Asian: 0%
  • Native Hawaiian or Pacific Islander: 0%
  • Other race: 0%
Land Area (mi²)
1.4 sq mi
Density (mi²)
431.50/sq mi
Growth Since 2020
4.29% (24)
The current population of Velma, Oklahoma is 584 based on our projections of the latest US Census estimates (released May 2024). The last official US Census in 2020 recorded the population at 560.

Population by Race

Race
Population
Percentage (of total)
White48086.02%
Two or more races6712.01%
Native American111.97%
Black or African American00%
Asian00%
Native Hawaiian or Pacific Islander00%
Other race00%

White

Two or more races

Native American

Black or African American

Asian

Native Hawaiian or Pacific Islander

Other race

Velma Population by Race

Velma Population Pyramid 2024

Velma Median Age

41.6

Total

41.5

Male

41.6

Female

Velma Adults

There are 430 adults, (94 of whom are seniors) in Velma.

Velma Age Dependency

66.1

Age Dependency Ratio

28

Old Age Dependency Ratio

38.1

Child Dependency Ratio

Velma Sex Ratio

Female27849.82%
Male28050.18%

Velma Population by Age

Velma Renter vs Owner Occupied by Household Type

Household Type
Count
Average Size
Owner
Renter
All2382.3471.828.2
Married1342.22919
Non Family611.2862.337.7
Female314.296.593.5
Male124.087525

2.58

Average Family Size

2.34

Average Household Size

71.8%

Rate of Home Ownership

Married

Male

Female

NonFamily

owner

renter

Velma Households and Families

Male

Female

Education Attained
Count
Percentage
9th to 12th Grade235.67%
Associates Degree163.94%
Bachelors Degree256.16%
Graduate Degree122.96%
High School Graduate26164.29%
Less Than 9th Grade102.46%
Some College5914.53%

Less Than 9th Grade

9th to 12th Grade

High School Graduate

Some College

Associates Degree

Bachelors Degree

Graduate Degree

Velma Educational Attainment by Sex (over 25)

Velma Educational Attainment by Race

High School Graduation Rate

Bachelors Rate

Race
Total
High School
Bachelors
White35832530
2+ Races42424
Hispanic770
Native American663

The highest rate of high school graduation is among native american people with a rate of 100%.

The highest rate of bachelors degrees is among native american people with a rate of 50%.

Velma Educational Attainment by Race

All

Male

Female

Name
Average
Male
Female
Bachelors Degree$43,750$42,000$0
Graduate Degree$0$0$0
High School Graduate$40,625$77,782$28,816
Less Than 9th Grade$28,125$0$0
Overall$45,000$71,667$30,556
Some College$50,972$59,375$43,750

$45,000

Average Earnings

$71,667

Average Male

$30,556

Average Female

Velma Earnings by Educational Attainment

Velma Language by Age

Only English

Spanish

Other Indo-European Languages

Asian and Pacific Island Languages

Other Languages

Velma Language

97.61% of Velma residents speak only English, while 2.39% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 2.39% of the population.

Velma Language

Velma Poverty by Race

rate

Name
Total
In Poverty
Poverty Rate
White48013027.08%
Multiple671522.39%
Hispanic1313100%
Native1119.09%

26.16%

Overall Poverty Rate

26.43%

Male Poverty Rate

25.9%

Female Poverty Rate

Poverty in Velma

The race most likely to be in poverty in Velma is Hispanic, with 100% below the poverty level.

The race least likely to be in poverty in Velma is Native, with 9.09% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 2.94%. Among those working part-time, it was 57.78%, and for those that did not work, the poverty rate was 35.75%.

Velma Poverty

rate

Rate
Poverty
Less Than 9th Grade54.55%
Some College21.33%
High School18.39%
Bachelors or Greater0%

Velma Poverty Rate by Education

rate

Rate
Poverty
Male Unemployed100%
Female Employed16.51%
Male Employed10.37%
Female Unemployed0%

Velma Poverty Rate by Employment Status and Sex

Velma Income by Household Type

Households

Families

MarriedFamilies

NonFamilies

Name
Median
Mean
Families$83,160$80,397
Households$73,333$68,032
Married Families$84,485$-999,999,999
Non Families$20,625$25,544

mean

median

Income by Household Type

Velma Marital Status

Married

Widowed

Divorced

Separated

NeverMarried

Marriage Rates

58.7%

Overall Marriage Rate

70.3%

Male Marriage Rate

47.6%

Female Marriage Rate

Velma Married by Age and Sex

male

female

Velma Marriage

The age group where males are most likely to be married is Over 65, while the female age group most likely to be married is 45-54.

Velma Marital Status by Race

Married

Widowed

Divorced

Separated

NeverMarried

Velma Marital Status

Second Gulf War

First Gulf War

Vietnam

Korea

World War II

56

Number of Veterans

56

Male Veterans

0

Female Veterans

War
Veterans
Vietnam41
Second Gulf War7
First Gulf War3
Korea0
World War II0

Velma Veterans by War

count

Age Group
Veterans
65 to 7439
35 to 547
75+6
55 to 644
18 to 340

Velma Veterans by Age

count

Name
Veterans
% of Total
White490.12860892388451445
2+ Races60.13953488372093023
Native American10.16666666666666666

Velma Veterans by Race

Velma Veterans by Education

Less Than 9th Grade

High School Graduate

Some College

Bachelors or Greater

10.71%

Veteran Poverty Rate

17.86%

Veteran Disability Rate

Velma Veterans by Education

LaborForceParticipation

56.1%

Labor Force Participation

55.2%

Employment Rate

1.6%

Unemployment Rate

Velma Employment by Age

LaborForceParticipation

Velma Employment by Race

LaborForceParticipation

Velma Employment by Education

Origin of Non-Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.

Origin of Naturalized Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

71.33%

Born in Velma

98.75%

Native Born

1.25%

Foreign Born

1.25%

Non Citizen

0%

Naturalized

Place of Birth

98.75% of Velma residents were born in the United States, with 71.33% having been born in Oklahoma. 1.25% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Latin America.

Velma Place of Birth

Note: data after 2022 is projected based on recent change
Year
Population
Growth
Change
202961460.99%
202860861%
202760261.01%
202659661.02%
202559061.03%
202458461.04%
202357861.05%
202257281.42%
202156440.71%
2020560-36-6.04%
201959600%
2018596-1-0.17%
2017597-10-1.65%
2016607-8-1.3%
201561500%
2014615-6-0.97%
201362120.32%
2012619-2-0.32%
201162110.16%
201062000%

Velma Population by Year