Velva, North Dakota

US Census Bureau ACS 5-Year Estimates ยท 2022

ND

Velva Demographics Overview

Total Population
1,050
ACS 2022 estimate
Median Household Income
$75,147
Annual household income
โ–ฒ 1% vs US avg
Median Home Value
$180,000
Owner-occupied homes
โ–ผ 36% vs US avg
Median Gross Rent
$712
Monthly rent (incl. utilities)
โ–ผ 39% vs US avg
Median Age
37.5 years
Median age of residents
โ–ผ 4% vs US avg

Income & Economy

Median Household Income
$75,147
US avg: $74,580
vs. National Median+0.8%

Housing

Median Home Value
$180,000
US avg: $281,900
Median Gross Rent
$712/mo
US avg: $1,163/mo
Rent vs. National Avg-38.8%

Population

Total Population1,050
Median Age
37.5 years
US avg: 38.9 yrs

Data Source

Data for Velva comes from the US Census Bureau American Community Survey (ACS) 5-Year Estimates, covering the period 2018โ€“2022.

The ACS 5-Year estimates provide the most reliable demographic statistics available, especially for smaller communities, by pooling 5 years of survey data.

Learn more about the ACS โ†’

Velva, ND โ€” Frequently Asked Questions

Common questions about Velva demographics

What is the population of Velva, North Dakota?

According to the US Census Bureau ACS 5-Year Estimates (2022), the population of Velva, North Dakota is 1,050.

What is the median household income in Velva?

The median household income in Velva, North Dakota is $75,147 per year, according to the 2022 ACS 5-Year Estimates. The US national median household income is approximately $74,580.

What is the cost of living in Velva?

Key cost indicators for Velva, North Dakota:. Median home value: $180,000. Median gross rent: $712/month. Median household income: $75,147/year

What is the median home value in Velva?

The median home value in Velva, North Dakota is $180,000, compared to the national median of approximately $281,900.

What is the average age in Velva?

The median age in Velva, North Dakota is 37.5 years, compared to the US national median age of approximately 38.9 years.

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Velva, ND Demographics - Population, Income & Housing (2022)