Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

31 estimated births

Household Characteristics

Median Age over Time

Households with Children by Age

Median Household Income

Educational Attainment

Unemployment Rate

Type of Housing

Housing Values

Median mortgage payment for 2018: $1,145

Average Rent as Percentage of Gross Income

Median rent for 2018: $595

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $2,805
--Home Prepared Food $1,581
--Restaurant/Takeaway Food $1,224
Alcoholic Beverages $206
Housing $7,110
--Rent/Mortgage/Upkeep/Taxes $4,157
--Utilities $1,433
--Operations $540
--Supplies $264
--Furnishings $718
Apparel $660
--Men & Boys $147
--Women & Girls $267
--Children < 2 $3
--Footwear $139
Transportation $3,453
--New Vehicles $646
--Used Vehicles $737
--Fuel $746
--Insurance $345
--Public Transit $289
Healthcare $1,759
Entertainment $1,141
--Pets $234
--Toys $56
Personal Care Products $273
Books & Literature $39
Education $498
Tobacco Products $122
Miscellaneous $351
Retirement $668
Non-health Insurance $2,582
Total Expenditures $21,666

Selected Population Data

Period Geography Population
2014 Velva city, North Dakota 1,008
2015 Velva city, North Dakota 1,132
2016 Velva city, North Dakota 1,157
2017 Velva city, North Dakota 1,288
2018 Velva city, North Dakota 1,292