Velma, Oklahoma 

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Population

595

-19.0% since 2020

Unemployment Rate

5.0%

Median Age

31.4

Comfort Index (Climate)

5.8 / 6.9

summer / winter

OK Gifts

Best Places to Live in Velma, Oklahoma

May, October and April are the most pleasant months in Velma, while July and August are the least comfortable months.

State: Oklahoma
County: Stephens County
Metro Area: Duncan Metro Area
City: Velma
Zip Codes: 73491
Cost of Living: -28.3% lower

Velma, OK Housing Market
Least Expensive HomesHomes Over 2,000 Sq. Ft.
Median Home ValueHomes less than 10 yrs old
Most Expensive HomesAll Single Family Homes


Highlights

ECONOMY
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 28.3% 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

VOTING
In the last Presidential election, Stephens county remained overwhelmingly Republican, 81.6% to 16.6%. More Voting Stats

POPULATION
Velma's population is 595 people. Since 2020, it has had a population decline of 19.0%. Learn More...

TRANSPORTATION
Average Commute time is 20.4 minutes. The National Average is 26.4 minutes. Learn More...

REAL ESTATE
The median home cost in Velma is Real Estate: $59,000. Home appreciation the last 10 years has been 11.4%.

SCHOOLS
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



Best Places to Live in Velma Rankings

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Housing Market in Velma

It's a good time to buy in Velma. Home Appreciation is up 1.2% in the last 12 months.
The median home price in Velma is $59,000.
Real Estate: See Homes

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MAPS OF VELMA, OKLAHOMA
Check out the latest Maps in a variety of categories including cost of living, population, and commute time. You can also use our New Interactive Map to explore places.Velma,Oklahoma Map
ZIP CODES IN VELMA, OKLAHOMA
73491

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