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Velma, OK

Town in Stephens County, Oklahoma. ZIP codes: 73491.

Population

590

Land area

1.4sq mi

People per sq mi

436

ZIP codes

1

Velma and its ZIP codes

Velma at a glance

  • Velma is about 7.4 times as dense as Oklahoma as a whole.
  • The median household income is $87,674, 35% above the Oklahoma median of $65,039.
  • A typical owner-occupied home is valued at $111,500 (44% below Oklahoma) and median rent is $888 a month.

Local data for Velma, OK

Counts from official public data

Housing and community stats

Velma, OK, American Community Survey 2020-2024

Full profile

Median household income

$87,674

Poverty rate

22.7%

Median home value

$111,500

Median rent

$888/mo

Homeownership

74.3%

Bachelor's or higher

8.1%

Median age

41.8

Average commute

24.6 min

Largest reported origins and ancestries: German Americans (103), Irish Americans (82), Scottish Americans (15).

Home values and rentsIncome, education and commute

Economy and federal money

Jobs, pay, income and spending are for Stephens County. PPP loans are for Velma.

Details

Unemployment rate

4.5%

Aug 2026, +0.6 pts in a year

Average annual pay

$54,813

14,725 jobs, 2025

Income per person

$55,200

BEA, 2024

Federal spending

$369M

FY 2026, $8,611 per person

Stephens County economyFederal spending

How people get to work

Velma, OK, workers 16 and older. American Community Survey 5-year estimates

  • Drove alone90.8%
  • Carpooled5.1%
  • Public transit0.0%
  • Walked0.0%
  • Bicycle0.0%
  • Taxi, ride-hailing, motorcycle or other1.5%
  • Worked from home2.6%

Average one-way commute: 24.6 minutes for people who do not work from home.

Environment and hazard risk

Velma, OK, from FEMA, NOAA and EPA

Full report

Natural hazard risk

Relatively Low

Top: hail

Storm events since 1996

1,032

Countywide, mostly hail

Flood insurance policies

39

0.2% of homes, county

July high / Jan low

94° / 30°F

Hazards, floods and storm historyCheck a flood zone

Health statistics

Share of adults in Velma, OK, CDC PLACES estimates

All 40 measures

Obesity

39.6%

U.S. 33.3% +6.3 pts

Diabetes

13.5%

U.S. 12.1% +1.4 pts

Smoking

19.6%

U.S. 12.8% +6.8 pts

Uninsured (18-64)

10.4%

U.S. 11.1% -0.7 pts

ZIP codes in Velma

1 in or overlapping Velma. Population shown

·

Cities near Velma

NameDistanceLand area (sq mi)
LocoTown8.5 mi0.3
Ratliff CityTown8.7 mi1.1
TatumsTown12 mi2
FoxCensus-designated place12 mi0.6
BrayTown13 mi61.6
FosterTown14 mi34.5
SunrayCensus-designated place17 mi1.7
ComancheCity18 mi5.1
DuncanCity18 mi42.9
HennepinCensus-designated place19 mi1.6
RinglingTown20 mi0.8
HealdtonCity20 mi16.1
Elmore CityTown20 mi1
MarlowCity20 mi7.1
KatieTown20 mi20.5
CornishTown20 mi0.6

Frequently asked questions

What county is Velma, OK in?
Velma is in Stephens County, Oklahoma.
What ZIP codes are in Velma, OK?
ZIP codes in or overlapping Velma include 73491.
What is the population of Velma, OK?
About 590 people live in Velma, based on American Community Survey 5-year estimates.
What cities are near Velma?
Nearby places include Loco (8.5 mi), Ratliff City (8.7 mi), Tatums (12 mi), Fox (12 mi), Bray (13 mi).

Source: U.S. Census Bureau (TIGER/Line boundaries, American Community Survey) · Data as of 12/31/2023