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 and multiracial populations.

Population by Race

Race	Population	Percentage (of total)
White	483	82.56%
Two or more races	68	11.62%
Native American	34	5.81%

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