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Velva, North Dakota Demographics & Population 2026

Very AffordableHome value to income ratio of 2.3x is exceptionally low

During the 2020–2024 ACS period, Velva, North Dakota had a total population of 1,083, the 48th largest city in North Dakota, with a median household income of $83,060, which is 8% higher than the state average. The poverty rate is 8.2%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Velva Quick Facts

Population 1,083
Median Household Income $83,060
Median Home Value $194,600
Poverty Rate 8.2%
Unemployment Rate 1.6%
Median Age 35.4 years
Homeownership Rate 78.3%
Affordability Ratio 2.3x
Bachelor's Degree or Higher 20.5%
High School Graduation Rate 92.6%
Diversity Index 19/100
Population 1,083 48th of 402
Median Income $83,060 top 30%
Poverty Rate 8.2% 34% lower than national
Median Home Value $194,600 top 30%

How Velva Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population9971,083+8.6%
Median household income$81,354$83,060+2.1%
Median home value$208,700$194,600-6.8%

How Velva Compares

Economy & Housing

Household Income Distribution

Under $25K 15.8%
$25K-$50K 12.4%
$50K-$100K 35.8%
$100K+ 36.0%
Detailed income brackets
Under $10K
1.2%
$10K-$15K
6.6%
$15K-$20K
0.5%
$20K-$25K
7.5%
$25K-$30K
1.0%
$30K-$35K
7.3%
$35K-$40K
0.0%
$40K-$45K
1.7%
$45K-$50K
2.4%
$50K-$60K
3.2%
$60K-$75K
13.4%
$75K-$100K
19.2%
$100K-$125K
10.2%
$125K-$150K
11.4%
$150K-$200K
9.3%
$200K+
5.1%

Employment

1.6% Unemployment Rate State: 2.8%|National: 5.2%
63.3% Labor Force Participation

Housing Overview

Owner 78.3%
Renter 21.7%
Affordability Index Very Affordable
2.3x home value to income ratio
Median gross rent $769/mo 11.1% of median household income annually

People & Demographics

Diversity Index

19out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 32 | National average: 61

Education

Velva Rankings in North Dakota

#48 Population of 402
#93 Median Income of 326
#199 Education of 400
#71 Home Value of 317

Other Cities in McHenry County

CityPopulationMedian IncomePovertyHome Value
Towner 467 $49,500 15.4% $78,400
Anamoose 309 $78,750 19.4% $87,000
Drake 300 $46,000 21.3% $75,600
Granville 278 $82,500 9.0% $94,200
Upham 102 N/A 9.8% $53,800
Deering 68 $88,125 1.5% $120,800
Karlsruhe 62 N/A 6.5% $102,500
Voltaire 43 N/A 0.0% $211,400
Bantry 5 N/A 0.0% N/A
Balfour 3 N/A 66.7% N/A

Cities Similar to Velva

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Crosby1,065$82,500$115,40011.0%0.0%
Burlington1,067$77,708$243,50015.8%3.0%
Northwood1,046$78,571$208,20032.8%4.7%
Killdeer985$89,750$341,10025.9%9.4%
Enderlin985$74,625$148,60014.0%12.5%

Population Overview

Velva is a small community located in North Dakota, within McHenry County. The total population is 1,083. It ranks as the 48th most populous out of 402 Census-designated places in North Dakota.

Age Demographics

The median age in Velva is 35.4 years. This is 1% lower than the state median of 35.9 years. With 29.5% of the population under 18, Velva has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Velva is $83,060. This is 8% higher than the state median of $76,657. It is also 3% higher than the national median of $80,734. The poverty rate stands at 8.2%. This is 24% lower than the state poverty rate of 10.8%. The unemployment rate is 1.6%. This is 43% lower than the state rate of 2.8%. The median home value is $194,600. Housing costs are 22% lower than the state median of $249,900. With a home-value-to-income ratio of just 2.3x, Velva is one of the most affordable housing markets in the area. 78.3% of occupied housing units are owner-occupied. This homeownership rate is 25% higher than the state average of 62.8%.

Race & Ethnicity

Velva has a predominantly White (non-Hispanic) population, comprising 90.0% of all residents. Hispanic or Latino residents account for 2.3%. The Hispanic or Latino population (2.3%) is well below the state average of 4.7%.

Education

20.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 37% lower than the state rate of 32.7%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.6%.

Data Sources & Methodology

All demographic data for Velva, North Dakota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against North Dakota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 402 Census-designated places in North Dakota. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all North Dakota city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Velva, North Dakota?

Velva, North Dakota has a population of 1,083 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Velva, ND?

The median household income in Velva is $83,060, which is 3% higher than the national median of $80,734.

What is the poverty rate in Velva, ND?

The poverty rate in Velva is 8.2%. This means approximately 85 residents live below the federal poverty line.

What is the racial makeup of Velva, North Dakota?

Velva's population is 90.0% White, 0.0% Black, 2.3% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Velva, ND?

The median home value in Velva is $194,600. The home-value-to-income ratio is 2.3x.

How educated is Velva, North Dakota?

20.5% of adults (25+) in Velva hold a bachelor's degree or higher, and 4.9% hold a graduate or professional degree.