Velva, ND demographics:
population, income, and more
Velva population
How many people live in Velva
Velva is home to 1,083 residents, according to the most recent Census data. Gender-wise, 39.8% of Velva locals are male, and 60.2% are female.
Age demographics
The median age in Velva is 35, with the population distributed as follows: about 23.9% are children under 15, then 12.2% are in the 15 to 24 age group. Adults between 25 and 44 make up 25.3% of the population, while another 19.8% fall into the 45 to 64 bracket. Finally, around 18.8% are 65 or older.
Racial makeup
In Velva, 99.4% of the population are US-born citizens, while 0.5% have gained naturalized citizenship. At the same time, 0.2% of residents are non-citizens. There’s also a share of 6.2% that includes residents with two or more races.
Households in Velva
A peek inside Velva households
Velva has 411 households, with an average of 3 members in each. Of these, 69.1% are families, while the remaining 30.9% are made up of individuals living alone or with non-relatives, such as roommates.
Households stats
Housing in Velva
The housing landscape of Velva
Velva's housing consists of 461 units, with 80.7% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 1.3% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 4.6% of the housing landscape.
The age of buildings in Velva
In Velva, the median construction year is 1967. About 28.2% of homes were built before the 1940s, with another 0.6% going up by 1949. Most development happened in the second half of the 20th century.
Velva occupancy rates
Out of the 411 occupied housing units in Velva, 78.4% are owner-occupied, while 21.6% are lived in by tenants. Meanwhile, 10.8% of all homes on the local market sit vacant.
Velva housing costs
Housing costs in Velva come to a median of $984 per month, while tenants specifically pay a median gross rent of $769.
Education in Velva
Velva education at a glance
About 38.5% of the population in Velva went to high school, while 20.8% pursued college studies. Another 17.7% earned an associate degree and 14.1% hold a bachelor’s. Meanwhile, 4.4% went even further, earning a master’s or doctorate.
Income in Velva
How much people earn in Velva
The average annual household income in Velva was $88,740 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a -4.9% change from the previous year. At the same time, the median income stood at $83,060, reflecting a +2.1% shift over the same period.
Velva income by age
In Velva, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $105,500. Those with someone between 45 and 64 in charge, often well established professionally, earn $82,250 overall. Overall, 91.6% of the locals in this community live above the poverty line.
Average renter income in Velva
To get a better sense of what renters earn on average in Velva, their median household income was $46,087 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 20%, shows what portion of their earnings goes toward housing expenses.
Employment in Velva
Workforce and job types in Velva
The job market in Velva is powered by 497 working residents, spread across a range of industries and roles. 75.4% of the working population are employed in professional or administrative positions, while 24.6% are in hands-on or service-based jobs. Also, 7% run their own businesses, 57.6% are employed by private companies, and 20.3% work in the public sector.
Workforce demographics
Available workforce
The unemployment rate in Velva stands at 1.6%, representing the share of the workforce currently without a job and actively looking for one.
Transportation in Velva
How people get around in Velva
In Velva, the average commute time is 24 minutes. Commuting methods vary: 95.8% of residents travel by personal vehicle and 2.8% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.
What is the median and average household income in Velva by zipcode?
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FAQs about Velva demographics
What is the total population of Velva?
What is the gender ratio in Velva?
- 39.8% males (431 residents)
- 60.2% females (652 residents)
What is the median age in Velva?
What is the age distribution of the population in Velva?
- Under 15: 23.9% (259 residents)
- Ages 15-24: 12.2% (132 residents)
- Ages 25-44: 25.3% (274 residents)
- Ages 45-64: 19.8% (214 residents)
- Over 65: 18.8% (204 residents)
What is the racial and ethnic makeup of Velva?
- White: 90% (975 residents)
- Black or African American: 0% (0 residents)
- American Indian and Alaska Native: 2.8% (30 residents)
- Asian: 0% (0 residents)
- Native Hawaiian and Other Pacific Islander: 0% (0 residents)
- Two or More Races: 6.2% (67 residents)
- Other: 1% (11 residents)
What percentage of the population in Velva are U.S.-born citizens?
How many housing units are there in Velva?
How many households are in Velva and what is the average household size?
What is the median household income in Velva?
What is the employment rate and job market overview for Velva?
Job types:
- White-collar workers: 75.4% (375 residents)
- Blue-collar workers: 24.6% (122 residents)
Places of employment:
- Self-employed: 7% (35 residents)
- Private companies: 57.6% (286 residents)
- Governmental workers: 20.3% (101 residents)
- Not-for-profit companies: 15.1% (75 residents)
Data source & methodology
The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.
The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.
No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.