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All About

Living In Velma, OK

Velma, Oklahoma is a small town with a population of approximately 1,000. Families with young children are customary, as kids under 5 account for an above-average percentage of the community. Overall, the town's residents, at an average age of just over 35, skew decidedly younger than most cities in Oklahoma. Most residents own their homes in Velma, and 26% of residents rent. Renting remains an affordable option, though, as the town boasts a relatively low average rent of $591 per month. Over the course of a year, renters in Velma will save around $2,900 compared to the state average.

There are two primary industries in Velma: agriculture and retail. Together, these industries make up 18% of the workforce in the town. Meanwhile, looking at job function, 7% of the town's population works in construction, making it the top profession in the town. Velma workers take home an average annual income of around $63,000, roughly the same as the average Oklahoma resident. Velma, however, compares less favorably to the national average ($73,345). Compared to the national average, Velma has a high concentration of residents over the age of 25 who have earned a high school degree or GED (27%). Furthermore, 6% have earned a Bachelor's degree and 1% possess a Master's or Doctoral degree.

Velma residents have an average commute of about 24 minutes. Many residents (33%) drive their car or truck to work, while public transit is not used. Walking (2%) isn't a common means of commuting to work, though the number does exceed the national average.

Frequently Asked Questions About Velma

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Information is copyrighted and school data provided by GreatSchools.org. Information is deemed reliable but not guaranteed. Schools listed above are based on distance from the selected location and are just a sampling of the schools in the area. To find a particular school district, and how it relates to a specific apartment, please contact the apartment manager.

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