The unemployment rate in Velma is 5.0% (U.S. avg. is 6.0%). Recent job growth is Positive. Velma jobs have increased by 1.1%. More Economy
COST OF LIVING
Compared to the rest of the country, Velma's cost of living is 28.6% lower than the U.S. average. More Cost of Living
or Compare Velma's Cost of Living
WEATHER & CLIMATE
May, October and April are the most pleasant months in Velma, while July and August are the least comfortable months. Today's Weather
| Climate Averages
In the last Presidential election, Stephens county remained overwhelmingly Republican, 81.6% to 16.6%. More Voting Stats
Velma's population is 601 people. Since 2020, it has had a population decline of 19.0%. Learn More...
Average Commute time is 20.4 minutes. The National Average is 26.4 minutes. Learn More...
The median home cost in Velma is Real Estate: $140,300
. Home appreciation the last 10 years has been 13.3%.
Velma public schools spend $9,874 per student. The average school expenditure in the U.S. is $12,383. There are about 14 students per teacher in Velma. More Education