The median household income in Velma, OK in 2022 was $71,312, which was 16.3% greater than the median annual income of $59,673 across the entire state of Oklahoma. Compared to the median income of $30,341 in 2000 this represents an increase of 57.5%. The per capita income in 2022 was $28,600, which means an increase of 58.0% compared to 2000 when it was $12,010.
Whole page based on the data from 2000 / 2022 when the population of Velma, Oklahoma was 664 / 565
Income statistics for all residents
Median household income in Velma, OK in 2022:
Velma:
$71,312
State:
$59,673
Change in median household income between 2000 and 2022:
Velma, Oklahoma:
+135.0%
State:
+78.7%
Number of households with income < $10k:
Velma:
10.1% (25)
Oklahoma:
6.4% (100,950)
Number of households with income $10k - 20k:
Velma:
12.1% (30)
State:
8.8% (137,709)
Number of households with income $20k - 30k:
Velma:
13.8% (34)
State:
9.1% (143,661)
Number of households with income $30k - 40k:
Velma:
4.9% (12)
State:
9.0% (141,098)
Number of households with income $40k - 50k:
Velma:
5.7% (14)
State:
8.9% (140,217)
Number of households with income $50k - 60k:
Velma:
4.0% (10)
Oklahoma:
8.1% (126,882)
Number of households with income $60k - 75k:
Velma:
2.0% (5)
Oklahoma:
10.0% (157,916)
Number of households with income $75k - 100k:
Velma:
21.1% (52)
Oklahoma:
12.4% (195,015)
Number of households with income $100k - 125k:
Velma:
13.4% (33)
Oklahoma:
9.0% (141,779)
Number of households with income $125k - 150k:
Velma:
9.3% (23)
State:
5.8% (91,594)
Number of households with income $150k - 200k:
Velma:
2.0% (5)
State:
6.3% (98,589)
Number of households with income > $200k:
Velma:
1.6% (4)
State:
6.2% (97,770)
Aggregate household income in Velma in 2022: $16,399,078
Median family income in Velma in 2022:
Velma:
$81,345
Oklahoma:
$75,476
Number of families with income < $10k:
Velma:
7.5% (14)
State:
4.2% (42,724)
Number of families with income $10k - 20k:
Velma:
5.9% (11)
Oklahoma:
4.9% (49,571)
Number of families with income $20k - 30k:
Velma:
10.3% (19)
State:
6.3% (64,367)
Number of families with income $30k - 40k:
Velma:
3.3% (6)
State:
7.5% (76,467)
Number of families with income $40k - 50k:
Velma:
3.1% (6)
State:
8.3% (84,578)
Number of families with income $50k - 60k:
Velma:
3.6% (6)
State:
7.8% (79,642)
Number of families with income $60k - 75k:
Velma:
5.7% (10)
State:
10.6% (108,169)
Number of families with income $75k - 100k:
Velma:
28.8% (52)
State:
14.6% (148,857)
Number of families with income $100k - 125k:
Velma:
14.5% (26)
Oklahoma:
11.2% (113,480)
Number of families with income $125k - 150k:
Velma:
12.3% (22)
State:
7.6% (77,253)
Number of families with income $150k - 200k:
Velma:
2.8% (5)
State:
8.4% (85,947)
Number of families with income > $200k:
Velma:
2.3% (4)
State:
8.5% (86,531)
Median non-family income in Velma in 2022:
Velma:
$19,820
State:
$35,419
Change in median non-family income between 2000 and 2022:
Velma, Oklahoma:
+26.8%
State:
+83.2%
Median per capita income in Velma in 2022:
Velma:
$28,600
Oklahoma:
$32,930
Change in median per capita income between 2000 and 2022:
Velma, Oklahoma:
+138.1%
State:
+86.6%
Income statistics for White residents
Median household income in Velma, OK in 2022:
Velma:
$72,680
Oklahoma:
$63,444
Change in median household income between 2000 and 2022:
Velma, Oklahoma:
+139.5%
State:
+79.3%
Number of households with income < $10k:
Velma:
8.6% (19)
State:
5.5% (60,994)
Number of households with income $10k - 20k:
Velma:
11.4% (25)
State:
8.2% (91,263)
Number of households with income $20k - 30k:
Velma:
14.1% (31)
State:
8.7% (96,988)
Number of households with income $30k - 40k:
Velma:
5.0% (11)
Oklahoma:
8.4% (93,121)
Number of households with income $40k - 50k:
Velma:
5.9% (13)
State:
8.6% (95,446)
Number of households with income $50k - 60k:
Velma:
4.1% (9)
State:
7.9% (87,723)
Number of households with income $60k - 75k:
Velma:
2.3% (5)
Oklahoma:
9.9% (109,955)
Number of households with income $75k - 100k:
Velma:
21.4% (47)
State:
12.9% (143,880)
Number of households with income $100k - 125k:
Velma:
14.1% (31)
Oklahoma:
9.7% (107,851)
Number of households with income $125k - 150k:
Velma:
9.1% (20)
Oklahoma:
6.3% (69,802)
Number of households with income $150k - 200k:
Velma:
2.3% (5)
Oklahoma:
6.9% (76,863)
Number of households with income > $200k:
Velma:
1.8% (4)
Oklahoma:
7.0% (78,099)
Aggregate household income in Velma in 2022: $14,933,433
Median family income in Velma in 2022:
Velma:
$82,377
State:
$82,251
Number of families with income < $10k:
Velma:
5.4% (9)
Oklahoma:
3.4% (24,057)
Number of families with income $10k - 20k:
Velma:
6.2% (10)
State:
4.1% (29,440)
Number of families with income $20k - 30k:
Velma:
10.9% (18)
State:
5.7% (40,670)
Number of families with income $30k - 40k:
Velma:
2.8% (5)
State:
6.5% (46,540)
Number of families with income $40k - 50k:
Velma:
3.2% (5)
Oklahoma:
7.7% (55,082)
Number of families with income $50k - 60k:
Velma:
3.7% (6)
Oklahoma:
7.5% (53,408)
Number of families with income $60k - 75k:
Velma:
5.9% (10)
Oklahoma:
10.4% (74,624)
Number of families with income $75k - 100k:
Velma:
29.5% (49)
State:
15.3% (109,679)
Number of families with income $100k - 125k:
Velma:
15.4% (26)
State:
12.0% (86,208)
Number of families with income $125k - 150k:
Velma:
11.7% (19)
State:
8.3% (59,328)
Number of families with income $150k - 200k:
Velma:
2.9% (5)
Oklahoma:
9.4% (67,640)
Number of families with income > $200k:
Velma:
2.4% (4)
State:
9.7% (69,551)
Median non-family income in Velma in 2022:
Velma:
$20,182
Oklahoma:
$36,941
Change in median non-family income between 2000 and 2022:
Velma, Oklahoma:
+28.4%
State:
+83.5%
Median per capita income in Velma in 2022:
Velma:
$28,823
Oklahoma:
$37,390
Change in median per capita income between 2000 and 2022:
Velma, Oklahoma:
+127.5%
State:
+92.4%
Income statistics for Hispanic or Latino residents
Aggregate household income in Velma in 2022: $541,901
Median per capita income in Velma in 2022:
Velma:
$20,832
State:
$19,473
Income statistics for American Indian and Alaska Native residents
Median household income in Velma, OK in 2022:
Velma:
$76,217
State:
$53,261
Change in median household income between 2000 and 2022:
Velma, Oklahoma:
+131.0%
State:
+94.7%
Aggregate household income in Velma in 2022: $356,672
Median per capita income in Velma in 2022:
Velma:
$32,290
State:
$25,549
Income statistics for Multirace residents
Number of households with income < $10k:
Velma:
35.3% (6)
State:
6.8% (11,975)
Number of households with income $10k - 20k:
Velma:
29.4% (5)
Oklahoma:
8.9% (15,797)
Number of households with income $20k - 30k:
Velma:
11.8% (2)
Oklahoma:
10.2% (18,071)
Number of households with income $30k - 40k:
Velma:
0.0% (0)
State:
11.0% (19,477)
Number of households with income $40k - 50k:
Velma:
0.0% (0)
State:
9.3% (16,501)
Number of households with income $50k - 60k:
Velma:
0.0% (0)
State:
8.9% (15,635)
Number of households with income $60k - 75k:
Velma:
0.0% (0)
State:
10.9% (19,250)
Number of households with income $75k - 100k:
Velma:
0.0% (0)
State:
11.5% (20,279)
Number of households with income $100k - 125k:
Velma:
5.9% (1)
State:
8.0% (14,067)
Number of households with income $125k - 150k:
Velma:
17.6% (3)
State:
4.9% (8,612)
Number of households with income $150k - 200k:
Velma:
0.0% (0)
Oklahoma:
5.0% (8,897)
Number of households with income > $200k:
Velma:
0.0% (0)
State:
4.5% (7,970)
Aggregate household income in Velma in 2022: $722,935
Median non-family income in Velma in 2022:
Velma:
$16,368
Oklahoma:
$34,773
Median per capita income in Velma in 2022:
Velma:
$29,733
State:
$23,085
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