Velma, OK Employment - Median Household Income, Unemployment Rate

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C

17%

Income/capita NAT. AVG.

9%

Household income NAT. AVG.

86%

Unemployment NAT. AVG.

Index	Velma	Oklahoma	National
Income per capita	$37,034	$38,159	$44,883
Median household income	$74,004	$72,914	$81,333
Median income owner occupied	$109,939	$89,008	$106,172
Median income renter occupied	$37,684	$46,375	$52,080
Median earnings male	$77,994	$51,967	$54,343
Median earnings female	$38,986	$34,837	$38,439
Unemployment rate	0.7%	3.8%	4.9%
Poverty level	27.1%	16.5%	15.1%

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Key findings

The income per capita in Velma is 17% lower than the national average
The median household income in Velma is 9% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Velma is 86% lower than the national average
The poverty level in Velma is 80% higher than the national average

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am i middle class

$49,331 $74,004 $148,008

City

$48,604 $72,914 $145,828

State

$54,216 $81,333 $162,666

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Velma median earnings by income bracket

Velma employment by industry

Labour Type	Male	Female
Construction industry	6.0%	6.0%
Manufacturing sector	9.3%	9.3%
Financial & insurance services	2.7%	2.7%
Wholesale & retail services	4.0%	4.0%
Public administration	4.7%	4.7%
Transportation, warehousing & utilities	12.7%	12.7%
Education, health & social services	5.3%	5.3%
Other	55.3%	55.3%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Bray, OK	1,084	$94,988	16.8%
Foster, OK	318	$90,759	11.6%
Ratliff City, OK	156	$52,127	35.9%
Tatums, OK	173	$40,676	50.0%
Loco, OK	87	$38,676	52.4%
Velma, OK	664	$74,004	9.0%

Cities with similar population

City	Population	Household Income	National Avg.
Halaula, HI	664	$104,066	28.0%
Burlington, IN	664	$84,350	3.7%
Waldron, IN	664	$77,158	5.1%
Oretta, LA	664	$0	100.0%
McIntosh, MN	664	$70,179	13.7%
Velma, OK	664	$74,004	9.0%

Source: The Velma, OK employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.