Velva, North Dakota

Moving to or Living in Velva Pros and Cons, Cost of Living, Crime Rate, Demographics

Living In Velva, North Dakota
Moving to Velva In North Dakota ? Find out the best and worst about to live, raise a family or retire in Velva, the Pros and Cons of Living in Velva.

Explore the life in Velva based on crime, public schools, cost of living, real estate, housing, properties, job opportunities, and local amenities data and Statistics.

  1. Overview - Life In Velva
  2. Pros and Cons of Living In Velva
  3. Crime In Velva
  4. Cost of Living In Velva
  5. Gender In Velva
  6. Household Income For Velva
  7. Education In Velva
  8. Race & Ethnicity In Velva
About Velva, North Dakota
Is Velva, North Dakota a good place to live?
Velva is a city in North Dakota state in USA with a population of 1379 residents.. The poverty rate of Velva is 3.2%, which is 77% lower than national average. The typical household in Velva earns $60417 a year, compared to the national median of $67,500. Nearly 39.6% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Velva, only 94% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Velva remained 2.9%, which is 38% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Velva, only 23% of adults have a bachelor's degree and 37% have some college but no degree.

Cost of living in Velva is 0, which is 100% lower than national average. Median home value in Velva is $170100 , which is 26% lower than national average. While median income in Velva remained $60417, which is 10% lower than national average.
Population
1379
Unemployment
2.9%
38% NAT AVG.
Poverty
3.2%
77% NAT AVG.
Overall Score
5
Median Home
$170100
26% NAT AVG.
Median Income
$60417
10% NAT AVG.
Median Rent
$542
53% NAT AVG.
People Living BPL
1 in 31
Unemployed People
1 in 34
People Earning < $10,000
1 in 67
People Earning < $50,000
39.6%
People with <= High School
1 in 2.5
People With Any Degree
1 in 2.4
Pros & Cons Overview

Jobs85%

Housing50%

Affordability85%

Safety60%

Amenities60%

Diversity40%

Education80%

Commute90%


Gender
Gender Velva North Dakota Country
Female 55.8% 48.8% 50.8%
Male 44.2% 51.2% 49.2%
Gender

Household Income


Income Velva North Dakota Country
Less than $10,000 1.5% 5.6% 5.8%
$10,000 to $14,999 3.8% 3.9% 4.1%
$15,000 to $24,999 7.6% 8% 8.5%
$25,000 to $34,999 12% 8.4% 8.6%
$35,000 to $49,999 14.7% 11.8% 12.0%
$50,000 to $74,999 21.4% 18.7% 17.2%
$75,000 to $99,999 10.7% 14.1% 12.8%
$100,000 to $149,999 22.9% 17% 15.6%
$150,000 to $199,999 2.3% 6.3% 7.1%
$200,000 or more 2.9% 6% 8.3%
Education


Education Velva North Dakota Country
< 9th Grade 2% 4% 5.0%
9-12th Grade 4% 4% 7.0%
High School or GED 34% 26% 27.0%
Other College 19% 22% 20.0%
Associate's Degree 18% 14% 9%
Bachelor's Degree 17% 22% 20.0%
Master's Degree 5% 6% 9.0%
Professional Degree 0% 1% 2.0%
Doctorate Degree 1% 1% 1.0%
Household Income
Education
Race / Ethnicity


Ethnicity Velva North Dakota Country
White 94.1% 83.7% 60.1%
African American 0.2% 3.1% 12.2%
American Indian 2.5% 4.9% 0.6%
Asian 0.2% 1.6% 5.6%
Hawaiian 0% 0.1% 0.2%
Other 0% 0.2% 0.3%
Multiracial 1.1% 2.5% 2.8%
Hispanic 1.9% 4% 18.2%
Race / Ethnicity