Velma is a town located in Stephens County, Oklahoma. Velma has a 2026 population of 582. Velma is currently growing at a rate of 0.69% annually and its population has increased by 4.3% since the most recent census, which recorded a population of 558 in 2020.
The median household income in Velma is $87,674 with a poverty rate of 22.71%. The median age in Velma is 41.8 years: 42.4 years for males, and 41.3 years for females. For every 100 females there are 99.3 males.
Data after 2023 is projected based on recent change
Overall: 41.8 years
Female: 41.3 years
Male: 42.4 years
There are 472 adults, (93 of whom are seniors) in Velma.
Female: 296 (50.2%)
Male: 294 (49.8%)
The racial composition of Velma includes 80.34% White, 4.75% Native American, and smaller percentages for Black or African American and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 474 | 80.34% |
| Two or more races | 86 | 14.58% |
| Native American | 28 | 4.75% |
| Black or African American | 2 | 0.34% |
Velma 's average per capita income is $53,472. Household income levels show a median of $87,674. The poverty rate stands at 22.71%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $89,826 | - |
| Families | $88,854 | $87,715 |
| Households | $87,674 | $78,080 |
| Non Families | $23,750 | $29,829 |
Average Income
Median Household Income
Poverty Rate