Median Income
$75,147
household / year
Median Home Value
$180,000
owner-occupied
Median Rent
$712
gross / month
Cost of Living
91
national avg = 100

Is Velva, ND a Good Place to Live?

Velva is a small town of 1,050 in North Dakota, with a median household income of $75,147 and a 2.4% unemployment rate. Its cost of living index is 91 (US average = 100), which is 9% below the national average.

Strengths: Velva stands out for an affordable cost of living, below-average home prices, solid school ratings (B), short average commutes.

Trade-offs: No major red flags stand out in the available data. Whether Velva is right for you depends on your priorities — the full breakdown is below.

All Velva city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 91.1

Velva's overall cost of living index is 91.1, where 100 represents the US national average. Living in Velva costs roughly 9% less than the average American city.

Metric Velva, ND National Avg
Median Home Value $180,000 $244,900
Median Monthly Rent $712 $1,163
Homeownership Rate 79.2% 65.9%
Median Household Income $75,147 $74,755

Crime & Safety

Very Safe

Velva's violent crime rate is 156.7 per 100,000 residents — 59% lower than the national average of ~380 per 100,000.

Violent Crime
156.7 /100k
Property Crime
626.6 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Velva is served primarily by VELVA 1. The student-to-teacher ratio is 12.2:1 (better than the national average of ~16:1).

Metric Velva, ND National Avg
School District VELVA 1 —
Elementary Schools 1 —
Middle Schools N/A —
High Schools 1 —
Student/Teacher Ratio 12.2:1 16:1
Bachelor's Degree or Higher 20.2% 35.4%
High School Diploma or Higher 91.2% 91.1%

Weather & Climate

Velva sees average highs of 20.2°F in January and 80.3°F in July, with 19.2 inches of annual precipitation and 41.0 inches of snow per year.

MetricVelva, ND
Average High — January20.2°F
Average High — July80.3°F
Annual Precipitation19.2"
Annual Snowfall41.0"

Demographics

MetricVelva, NDNational Avg
Population1,050—
Median Age37.538.9
Unemployment Rate2.4%3.7%
Avg Commute Time21.4 min26 min
White (non-Hispanic)94.7%59.3%
Black or African American0.7%13.6%
Hispanic or Latino0.1%18.9%
Asian0.5%6.3%
Under 1827.3%22.2%
65 and over20.5%16.8%

Nearby Cities

ZIP Codes in Velva

Velva, ND is covered by 1 ZIP code:

Velva vs Other Cities

Frequently Asked Questions

Velva's cost of living index is 91, where 100 is the national average. That makes Velva roughly 9% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $180,000 and median rent is $712/month.
Velva's violent crime rate is 156.7 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 626.6 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Velva are operated by VELVA 1. The district has 1 elementary, several middle, and 1 high schools. The student-to-teacher ratio is 12.2:1. 20.2% of adults 25+ hold a bachelor's degree or higher.
Velva, ND has a population of 1,050, a median household income of $75,147, and an unemployment rate of 2.4%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Velva averages 20.2°F in January and 80.3°F in July. Annual rainfall is 19.2 inches with about 41.0 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Velva, ND is covered by 1 ZIP code: 58790.
The population of Velva, North Dakota is 1,050 with a median age of 37.5. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Velva: cost of living index 91 (100 = US average), median home $180,000, median household income $75,147, crime index 37 (100 = US average, lower is safer), schools rated B. Whether these are benefits or drawbacks depends on where you're coming from — compare Velva side by side with your current city to see the trade-offs.