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.
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.
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%
Poverty
3.2%
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
Female Male
Household Income
< $10000 $10K to $15K $15K to $25K $25K to $35K $35K to $50K $50K to $75K $75K to $100K $100K to $150K $150K to $200K $200K or more
| 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
< 9th Grade 9-12th Grade High School or GED Other College Associate Degree Bachelor Degree Masters Degree Professional Degree Doctorate Degree
| 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
Velva North Dakota Country
Education
Velva North Dakota Country
Race / Ethnicity
White African American American Indian Asian Hispanic Hawaiian Mixed Other
| 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
Velva North Dakota Country