Velma

County:: Stephens County
County Seat:: No
Area (mi²):: 1.353
State:: Oklahoma

Velma is a town located in Stephens County, Oklahoma. Velma has a 2025 population of 590. Velma is currently growing at a rate of 1.03% annually and its population has increased by 5.36% since the most recent census, which recorded a population of 560 in 2020.

The average household income in Velma is $70,517 with a poverty rate of 23.59%. The median age in Velma is 41.7 years: 45.3 years for males, and 41.1 years for females.

Demographics

The racial composition of Velma includes 82.56% White, 5.81% Native American, and smaller percentages for Black or African American, Asian, Native Hawaiian or Pacific Islander, other race and multiracial populations.

Population by Race

White

Two or more races

Native American

Black or African American

Asian

Native Hawaiian or Pacific Islander

Other race

Race	Population	Percentage (of total)
White	483	82.56%
Two or more races	68	11.62%
Native American	34	5.81%
Black or African American	0	0%
Asian	0	0%
Native Hawaiian or Pacific Islander	0	0%
Other race	0	0%

Velma Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Velma's average per capita income is $47,500. Household income levels show a median of $61,806. The poverty rate stands at 23.59%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.

Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.

Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.

Name	Median	Mean
Married Families	$86,786	-
Families	$85,679	$82,540
Households	$61,806	$70,517
Non Families	$20,833	$26,158

$47,500

Average Income

$61,806

Median Household Income

23.59%

Poverty Rate