Living in Velda City, Missouri
Cost of living, income, home prices, rent and demographics of Velda City · Census data 2020–2024
Velda City has 1,158 residents with a median age of 32.7. The median household income is $37,105 (48% lower than the Missouri median), the median home value is $49,500, the median rent is $1,218/month.
Velda City is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Velda City at a glance
- Population
- 1,158
- Median age
- 32.7State: 39
- Median household income
- $37,105State: $70,702
- Median home value
- $49,500State: $230,300
- Median rent
- $1,218/moState: $1,033
- Homeowners
- 60.3%
- Bachelor's degree or higher
- 15.6%
- Average commute
- 21 min
Is Velda City a good place to live?
Pros: Home values 79% lower than the state median; an average commute of 21 minutes; unemployment of 2.8%.
Cons: Median household income 48% lower than the Missouri median; a poverty rate of 21.6%.
The weather is best in May–June and September–October.
Cost of living in Velda City
Housing is the biggest part of the cost of living. In Velda City the median home value is $49,500, 85% lower than the U.S. median. Renters pay a median of $1,218 per month, which is 40.9% of household income. Homeowners with a mortgage pay $1,076 a month in housing costs.
Velda City median household income
The median household income in Velda City is $37,105 and the income per person is $19,780. 21.6% of residents live below the poverty line (Missouri: 12.6%).
Housing in Velda City: homes for sale and rent
- Housing units
- 622
- Owner-occupied
- 60.3%
- Renter-occupied
- 39.7%
- Vacant
- 22.2%Includes seasonal homes
- Median year built
- 1946
- Average household size
- 2.39
Velda City demographics
- Population
- 1,158
- Median age
- 32.7
- Under 18
- 26.3%
- 65 and older
- 16.5%
- Households
- 484
- Foreign-born
- 2.6%
- Veterans
- 11.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Velda City ›
Education in Velda City
15.6% of adults 25 and older in Velda City have a bachelor's degree or higher (Missouri: 32.4%), and 3.5% have a graduate or professional degree.
Jobs and commute in Velda City
- Unemployment rate
- 2.8%State: 4%
- Average commute
- 21 minState: 24 min
- Work from home
- 9.9%
- Drive alone
- 74.1%
- Public transit
- 1.8%
- Walk to work
- 6.1%
- Homes with broadband
- 78.3%
Velda City vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Velda City | 1,158 | $37,105 | $49,500 | $1,218 |
| Beverly Hills | 488 | $47,381 | $70,900 | $1,156 |
| Velda Village Hills | 858 | $45,000 | $51,200 | $1,137 |
| Uplands Park | 322 | $50,250 | $85,200 | $1,450 |
| Hillsdale | 873 | $37,583 | $52,700 | $1,127 |
| Northwoods | 3,623 | $45,330 | $76,000 | $1,167 |
| Pine Lawn | 2,716 | $24,837 | $66,800 | $1,003 |
| Normandy | 4,239 | $29,379 | $87,300 | $1,002 |
| Pasadena Hills | 1,190 | $70,341 | $252,800 | $968 |
More for people moving to Velda City
Velda City ZIP code ›Weather and climate ›Living in Velda City: FAQ
What is the median household income in Velda City, MO?
The median household income in Velda City is $37,105, 48% lower than the Missouri median of $70,702 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Velda City?
The median home value in Velda City is $49,500, compared with $230,300 in Missouri.
How much is rent in Velda City?
The median gross rent in Velda City is $1,218 per month, about 40.9% of household income.
Is Velda City, MO a good place to live?
Pluses: home values 79% lower than the state median; an average commute of 21 minutes; unemployment of 2.8%. Minuses: median household income 48% lower than the Missouri median; a poverty rate of 21.6%.
What is the median age in Velda City?
The median age in Velda City is 32.7 years (Missouri: 39).
How long is the commute in Velda City?
The average commute to work in Velda City is 21 minutes; 9.9% of workers work from home.
What is the unemployment rate in Velda City?
The unemployment rate in Velda City is 2.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Velda City?
15.6% of adults in Velda City have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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