Velma Authority

Velma is a upper-middle-income, family-oriented village of 590 with home prices 1.8× below the Oklahoma median.

Velma, Oklahoma

Population in Velma stands at 590 — placing it among the smaller communities of Stephens County, Oklahoma. Households here earn a median of $87,674.

Definition and scope

Velma sits within Stephens County, Oklahoma, one of Oklahoma's administrative subdivisions. Local services and ordinances are coordinated through county and state-level agencies. The city operates within Congressional District 4 and is part of the Duncan, OK metropolitan area.

Who lives here

Velma has approximately 590 residents. The median age is 41.8 years. Roughly 74% of housing units are owner-occupied. The median home value is $111,500.

Demographic composition (Census 2023 ACS5):

• White (non-Hispanic): 80.3%
• Black or African American: 0.3%
• Hispanic or Latino: 2.0%
• Asian: 0.0%

Economy and earnings

Median household income in Velma is $87,674. Poverty rate stands at 22.7%. Unemployment rate at last release was 3.1%. Educational attainment: 8.1% of residents 25 and over hold a bachelor's degree or higher.

Public services and infrastructure

Available public services on file for Velma:

• Public schools: 3
• Public libraries: 1
• Fire stations: 3
• Police stations: 3
• Hospitals: 1

Getting around

The nearest commercial airport serving Velma is Newman Farm Airport. Federal court business routes through Stephens County Courthouse. Amtrak service is available at Pauls Valley, Oklahoma.

Geography and climate

Velma sits at an elevation of 1,074 feet above sea level. Local growing conditions correspond to USDA hardiness zone 8a.

References

• Oklahoma State Authority — state-level reference for Oklahoma.
• U.S. Census Bureau, American Community Survey 5-Year Estimates — population, income, demographic data.
• Authority Network America — federal- and network-level reference.