Velda City, MO
Population 1,231 · Missouri
About Velda City, MO
Velda City is a small town located in Missouri with a population of 1,231 residents according to the latest US Census Bureau American Community Survey data. The median household income is $43,125 per year, which is 43% below the national median of $75,149. The median age of 34.2 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Velda City features a median home value of $50,900, which is 79% below the national median of $244,900. This makes Velda City one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $1,187, 2% above the national average of $1,163/month. Of the 630 total housing units, 64% are owner-occupied (319 units) and 36% are renter-occupied (177 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Velda City shows an unemployment rate of 2.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 16.6%, above the national average of 12.4%. Workers in Velda City have an average one-way commute time of 20.7 minutes.
Education & Demographics
14.2% of Velda City residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.2% Hispanic or Latino, 0.0% Black or African American, and 1.4% Asian residents, with 1.8% of the population being foreign-born.
Cost of Living in Velda City, MO
Compared to national averages, Velda City has a median household income of $43,125 (43% below the national median of $75,149). Home values average $50,900, which is 79% below the national median. Monthly rent at $1,187 is 2% above the US average of $1,163. Within Missouri, Velda City's income is 29% below the state average of $61,047, and home values are 66% below the state median of $150,786.
Why Live in Velda City, MO?
Velda City offers affordable housing with a median home value of $50,900, below the US average of $244,900, and a strong job market with an unemployment rate of just 2.6%, and short commute times averaging just 20.7 minutes.
Potential considerations include median household income ($43,125) that falls below the national average. However, Velda City’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Velda City has a population of 1,231 with a median age of 34.2 years. Compare Velda City with other cities to see how it stacks up, or explore all cities in Missouri.
Similar Cities Near Velda City
Cities in Missouri with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Summer Set | 1,222 | $102,760 | $226,800 | Compare |
| Rock Port | 1,207 | $45,208 | $109,100 | Compare |
| Gerald | 1,264 | $56,250 | $141,400 | Compare |
| Wellsville | 1,197 | $61,635 | $74,100 | Compare |
| Dixon | 1,267 | $50,260 | $134,300 | Compare |
| St. Martins | 1,195 | $78,125 | $225,000 | Compare |
| Humansville | 1,190 | $34,904 | $61,400 | Compare |
| Stanberry | 1,190 | $63,958 | $99,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Missouri
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Velda City With Other Cities
Frequently Asked Questions about Velda City
What is the population of Velda City, MO?
The population of Velda City, MO is 1,231 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Missouri.
What is the median household income in Velda City?
The median household income in Velda City, MO is $43,125 per year, which is 43% below the national median of $75,149.
What is the median home value in Velda City?
The median home value in Velda City, MO is $50,900, which is 79% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Velda City?
The median monthly rent in Velda City, MO is $1,187, which is 2% above the national average of $1,163/month.
What is the unemployment rate in Velda City?
The unemployment rate in Velda City, MO is 2.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Velda City, MO a good place to live?
Velda City offers a moderate cost of living, affordable housing, and a strong job market. With a population of 1,231 and a median age of 34.2, the city appeals to young professionals and families.
How educated is Velda City, MO?
14.2% of residents in Velda City aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Velda City?
Key cost-of-living indicators for Velda City, MO: median home value is $50,900 (79% below national), median rent is $1,187/month, and median household income is $43,125. The home-value-to-income ratio is 1.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Velda City?
The poverty rate in Velda City, MO is 16.6%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Velda City, MO?
Velda City's population is 0.0% White, 0.2% Hispanic or Latino, 0.0% Black or African American, 1.4% Asian, and 96.4% two or more races. 1.8% of residents are foreign-born.