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The total population of Velda City is estimated to be 1,254 with 570 males (45.45%) and 684 females (54.55%). There are 114 more females than males in Velda City.
The median household income in Velda City was $44,542 in 2021, which marked an a decrease of 1,910(4.11%) from $46,452 in 2020. This income is 59.70% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Velda City sees its highest median household income among householders in the age group of 45 to 64 years old, at $49,739. Overall, the median household income for the city of Velda City stands at $44,542.
In Velda City, the median income for all workers aged 15 years and older, regardless of work hours, was $28,633 for males and $23,041 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $46,164 for males and $33,423 for females.
In Velda City, there are just two different racial groups among households. Among these, White households report a median household income of $50,593, while Black or African American households have a median household income of $44,244.
In 2022, the population of Velda City was 1,219, a 3.48% increase year-by-year from 2021. Previously, in 2021, Velda City's population was 1,178, a decline of 0.76% compared to a population of 1,187 in 2020.
The median age in Velda City, MO is 35.8, as per 2021 ACS 5-Year Estimates. Of the total population, 21.53% were under the age of 15, 20.51% aged 15 to 29, 41.50% aged 30 to 64, 15.21% aged 65 to 84, and 1.25% were 85 years of age and older.
Racial distribution of Velda City population: 3.98% are White, 94.62% are Black or African American, 0.70% are Asian, 0.39% are some other race and 0.31% are multiracial.