Pros and Cons of Living In Velva, North Dakota. Is Velva, ND a Nice Place To Live or Retire?

FIND OUT MORE DETAILS

Velva, North Dakota

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

DEMOGRAPHICS

Population
1379
Unemployment
2.9%
38% NAT AVG.
Poverty
3.2%
77% NAT AVG.

ECONOMICS

Median Home Cost
$170100
26% NAT AVG.
Median Income
$60417
10% NAT AVG.
Median Rent
$542
53% NAT AVG.
Overall Score
5

CRIME REPORT

SOCIO-ECONOMICS

People Living Below BPL
1 in 31
Unemployed People
1 in 34
People Earning < $10,000
1 in 67
People Earning < $50,000
39.6%
People With Any Degree
1 in 2.4

ETHNICITY

Ethnicity Velva USA
White 94.1% 60.1%
African American 0.2% 12.2%
American Indian 2.5% 0.6%
Asian 0.2% 5.6%
Hawaiian 0% 0.2%
Multiracial 1.1% 2.8%
Hispanic 1.9% 18.2%
Other 0% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Velva USA
Less than $10,000 1.5% 5.8%
$10,000 to $14,999 3.8% 4.1%
$15,000 to $24,999 7.6% 8.5%
$25,000 to $34,999 12% 8.6%
$35,000 to $49,999 14.7% 12.0%
$50,000 to $74,999 21.4% 17.2%
$75,000 to $99,999 10.7% 12.8%
$100,000 to $149,999 22.9% 15.6%
$150,000 to $199,999 2.3% 7.1%

EDUCATION

Education Velva USA
< 9th Grade 2% 5.0%
9-12th Grade 4% 7.0%
High School or GED 34% 27.0%
Other College 19% 20.0%
Associate's Degree 18% 9%
Bachelor's Degree 17% 20.0%
Master's Degree 5% 9.0%
Professional Degree 0% 2.0%
Doctorate Degree 1% 1.0%
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. The unemployment rate of Velva remained 2.9%, which is 38% lower than national rate.

Cost of living in Velva is 0, which is 100% lower than national average. In Velva, only 23% of adults have a bachelor's degree and 37% have some college but no degree. 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.
Velva Scorecard

Jobs85%

Housing50%

Affordability85%

Safety60%

Amenities60%

Diversity40%

Education80%

THANKS FOR READING

Read this story and other stories in details on our Website.
FIND OUT MORE DETAILS