What is the population of Velva city?

Velva city has 997 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #52 of 406 in North Dakota.

What is the median household income in Velva city?

Median household income in Velva city is $81,354 a year, 3.6% above the national figure of $78,538.

How much does it cost to rent or buy in Velva city?

Median gross rent is $755 a month and the median home value is $208,700, so rent absorbs about 11.1% of median household income.

Is Velva city affordable compared with the rest of the US?

Homes cost about 2.6× the local median income here versus roughly 3.9× nationally, so Velva city is more affordable to buy in than the typical US market, and rent takes 11.1% of median income against the 30% cost-burden line.

Aerial view of a dense city center, illustrating the US cities ZIP code directory

North Dakota · Census place 81620

Velva, ND population, income and ZIP codes

Quick answer

The population of the city of Velva, North Dakota (Velva, ND — Census place “Velva city”) is 997 residents, ranking #52 of 406 places in North Dakota. Median household income is $81,354, the median home is worth $208,700 and median gross rent runs $755 a month. Looking for the Velva North Dakota ZIP code list? 1 ZIP codes serve Velva, ND: 58790.

Population: 997Velva city residents
Median household income: $81,354Past 12 months, inflation adjusted
Median home value: $208,700Owner-occupied units
Median gross rent: $755Rent plus utilities, monthly
Median age: 35.1 yrsAll residents
Homeownership rate: 75.5%Owner-occupied households

Velva ZIP codes (North Dakota)

Census ZCTAs whose delivery area overlaps Velva.

The Velva ND ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.

58790

What the numbers mean in Velva city

Housing cost measured against local earnings.

A household earning the Velva city median would spend about 11.1% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 8.9% of residents and 75.5% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

Velva city, ND in context

How this area compares with national benchmarks.

Velva city is a very small community in North Dakota, with 997 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #52 of 406 ranked by population — larger than 87% of them. The median age here is 35.1 years against 39.1 nationally, a slightly younger profile than the country as a whole. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Velva city earn a median of $81,354 a year, 3.6% above the national figure of $78,538 and 19% above the $68,472 median for the 51 North Dakota cities we cover. Median household income counts every pre-tax dollar arriving at an address — wages, self-employment, Social Security, pensions, interest and public assistance — for everyone living there, so multi-earner households pull the figure up even where individual pay is modest. Poverty reaches 8.9% of residents here, below the 12.4% national rate.

The typical owner-occupied home in Velva city is valued at $208,700, 31.2% below the national figure and 12% above the $185,700 peer median, while median gross rent runs $755 a month, 46.3% below the national figure, or roughly $9,060 across a full year. A household on the local median income would put about 11.1% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 2.6×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 75.5% of occupied homes are owner-occupied versus 65% nationally, so the market leans toward owners. Gross rent folds in the utilities a tenant pays separately, so it is closer to the real monthly outlay than a headline rent figure.

With 997 residents, a handful of survey responses moves every median on this page. Compare Velva city against its county rather than against national figures.

All values below were released by the Census for this exact geography, with no gap-filling on our side. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

Compare with nearby places

Places of similar size in North Dakota.

More North Dakota coverage.

Frequently asked questions

Common questions about this area.

What is the population of Velva city?: Velva city has 997 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #52 of 406 in North Dakota.
What is the median household income in Velva city?: Median household income in Velva city is $81,354 a year, 3.6% above the national figure of $78,538.
How much does it cost to rent or buy in Velva city?: Median gross rent is $755 a month and the median home value is $208,700, so rent absorbs about 11.1% of median household income.
Is Velva city affordable compared with the rest of the US?: Homes cost about 2.6× the local median income here versus roughly 3.9× nationally, so Velva city is more affordable to buy in than the typical US market, and rent takes 11.1% of median income against the 30% cost-burden line.
How current is this Velva city data?: All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.