Velva, ND
Full City Profile · North Dakota · McHenry County County
3.3
/5.0
B
Good
997
Population
1,039/sq mi density
$81,354
Median Income
$37,832 per capita
$208,700
Home Value
$211,194 Zillow
$755
Median Rent
20.8% income on rent
39°F
Avg Temperature
274 sunny days/yr
253
Violent Crime/100K
1,095 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$81,354 median income, 1.1% unemployment
A+
Affordability
5.0 / 5.0
$208,700 home value, $755/mo rent
F
Safety
1.0 / 5.0
253 violent crimes/100K
C+
Education
2.6 / 5.0
20.1% bachelor's degree or higher
Income Overview
Median Household Income
$81,354
8% above
US avg: $75,149
Per Capita Income
$37,832
3% below
US avg: $39,052
Unemployment Rate
1.1%
69% below
US avg: 3.6%
Poverty Rate
6.2%
50% below
US avg: 12.4%
Income Comparison: Velva vs. U.S. Average
Each bar shows Velva’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$81,354
108%
Per Capita
US: $39,052
$37,832
97%
IRS Avg AGI
US: $72,000
$73,637
102%
Avg Weekly Wage
US: $1,432
$1,065
74%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,065
26% below US avg ($1,432)
Mean Commute Time
23 min
18% below US avg (28 min)
Work From Home
4.8%
68% below US avg (15.2%)
Drive Alone
91.1%
24% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$279M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
91.1%
Public Transit
0%
Work From Home
4.8%
Other
4.1%
Average commute time
23 minutes
US avg: 28 min
Business Landscape
Total Establishments
242
Restaurants
9
Healthcare
10
Retail
15
Manufacturing
5
Tax & Financial
IRS Avg Adjusted Gross Income
$73,637
2% above US avg ($72,000)
Avg Property Tax
$2,200
37% below US avg ($3,500)
Cost of Living Index
89.0
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $81,354 |
| Per Capita Income | $37,832 |
| IRS Avg Adjusted Gross Income | $73,637 |
| Avg Weekly Wage | $1,065 |
| County GDP | $279M |
Hardship Indicators
| Unemployment Rate | 1.1% |
| Poverty Rate | 6.2% |
| Gini Coefficient | 0.428 |
| Cost of Living Index | 89.0 |
Commute
| Mean Commute | 23 minutes |
| Drive Alone | 91.1% |
| Public Transit | 0.0% |
| Work From Home | 4.8% |
Businesses
| Total Establishments | 242 |
| Restaurants | 9 |
| Healthcare | 10 |
| Retail | 15 |
| Manufacturing | 5 |
Tax
| IRS Avg AGI | $73,637 |
| Avg Property Tax | $2,200 |
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