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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
Top Industries in Velva (12)
County-level employment data (BLS QCEW). Sorted by employment.
Wholesale Trade
141 jobs
25 firms
$85,953/yr
Retail Trade
112 jobs
18 firms
$30,868/yr
Manufacturing
98 jobs
8 firms
$81,876/yr
Agriculture & Forestry
97 jobs
22 firms
$41,806/yr
Mining & Oil/Gas
59 jobs
4 firms
$108,648/yr
Construction
40 jobs
22 firms
$52,299/yr
Accommodation & Food Services
39 jobs
13 firms
$11,652/yr
Professional & Technical Services
35 jobs
12 firms
$73,684/yr
Finance & Insurance
31 jobs
10 firms
$65,735/yr
Arts & Entertainment
22 jobs
6 firms
$9,667/yr
Administrative & Waste Services
14 jobs
10 firms
$41,732/yr
Management of Companies
4 jobs
6 firms
$148,096/yr
Industry Specialization (Location Quotient)
LQ > 1.0 means the industry is more concentrated here than the national average.
Mining & Oil/Gas
12.02
Agriculture & Forestry
9.23
Wholesale Trade
2.76
Arts & Entertainment
1.01
Manufacturing
0.92
Retail Trade
0.86
Construction
0.59
Finance & Insurance
0.59
Professional & Technical Services
0.39
Accommodation & Food Services
0.33
Administrative & Waste Services
0.18
Management of Companies
0.18
Thin line = national average (1.0)
Complete Industry Data
| Industry | Employment | Establishments | Avg Weekly Wage | Avg Annual Pay | LQ |
|---|---|---|---|---|---|
| Wholesale Trade | 141 | 25 | $1,653 | $85,953 | 2.76 |
| Retail Trade | 112 | 18 | $594 | $30,868 | 0.86 |
| Manufacturing | 98 | 8 | $1,575 | $81,876 | 0.92 |
| Agriculture & Forestry | 97 | 22 | $804 | $41,806 | 9.23 |
| Mining & Oil/Gas | 59 | 4 | $2,089 | $108,648 | 12.02 |
| Construction | 40 | 22 | $1,006 | $52,299 | 0.59 |
| Accommodation & Food Services | 39 | 13 | $224 | $11,652 | 0.33 |
| Professional & Technical Services | 35 | 12 | $1,417 | $73,684 | 0.39 |
| Finance & Insurance | 31 | 10 | $1,264 | $65,735 | 0.59 |
| Arts & Entertainment | 22 | 6 | $186 | $9,667 | 1.01 |
| Administrative & Waste Services | 14 | 10 | $803 | $41,732 | 0.18 |
| Management of Companies | 4 | 6 | $2,848 | $148,096 | 0.18 |