Velma, OK Employment

C
18%
Income/capita NAT. AVG.
10%
Household income NAT. AVG.
87%
Unemployment NAT. AVG.
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IndexVelmaOklahomaNational
Income per capita$24,478$25,628$29,829
Median household income$49,688$48,038$55,322
Median income owner occupied$73,516$60,309$70,586
Median income renter occupied$25,714$30,832$35,192
Median earnings male$53,125$35,033$36,919
Median earnings female$26,324$23,287$26,250
Unemployment rate0.6%3.6%4.7%
Poverty level27.1%16.5%15.1%
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Key findings

  • The income per capita in Velma is 18% lower than the national average
  • The median household income in Velma is 10% lower than the national average
  • Male median earnings are 41% higher than female median earnings
  • The unemployment rate in Velma is 87% 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

      $
      Input your household income
      $33,122 $49,688 $99,376
      City
      $32,022 $48,038 $96,076
      State
      $36,877 $55,322 $110,644
      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 TypeMaleFemale
      Construction industry6.0%6.0%
      Manufacturing sector9.3%9.3%
      Financial & insurance services2.7%2.7%
      Wholesale & retail services4.0%4.0%
      Public administration4.7%4.7%
      Transportation, warehousing & utilities12.7%12.7%
      Education, health & social services5.3%5.3%
      Other55.3%55.3%

      Nearby cities with high median household income

      City Population Household Income National Avg.
      Bray, OK1,053$64,77317.1%
      Foster, OK310$61,04710.3%
      Ratliff City, OK152$35,00036.7%
      Tatums, OK168$27,50050.3%
      Loco, OK83$25,62553.7%
      Velma, OK641$49,68810.2%

      Cities with similar population

      City Population Household Income National Avg.
      Valley Acres, CA641$70,04626.6%
      Deer Creek, IL641$61,40611.0%
      Waverly, KS641$36,93833.2%
      Tangipahoa, LA641$0100.0%
      Eagle Bend, MN641$40,38527.0%
      Velma, OK641$49,68810.2%
      Source: The Velma, OK employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).
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