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As of the 2010 United States Census, Velma, located in the Sooner State, had a total population of 727 people.
From a total population of 727, Velma has a median age of 29.9. The average age of males, in Velma, is 27.5 while the average age of females is 30.7. When you compare this to median age of Oklahoma, Velma is 6.3 years younger.
The median income of individuals, in Velma, is $22,477 while the average household income is $65,125. When comparing the median income of people living in Velma to the rest of Oklahoma, the average income in Velma is $2,218 less.