Velma, IL
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Velma, IL: Quick Facts & Overview
- Population: 15,952 residents (245 people per sq. mi.)
- Average House Price: $124,884
- Average Household Income: $62,718
Velma, IL is located in the state of Illinois. It is home to about 15,952 people, with around 245 residents living in every square mile.
If you want to buy a house in Velma, the average price is around $124,884. That makes local housing 37% lower than the Illinois average of $198,645, and 60% lower than the national average of $308,592.
The average household in Velma earns about $62,718 a year. This income is 22% lower than the average family in Illinois ($80,056), and 20% lower than the national average ($78,686).
Population
15,952
Median Household Income
$62,718
Median Home Value
$124,884
Median Age
42.5 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $36,543 |
| Labor Force Participation | 53.9% |
| Unemployment Rate | 3.3% |
| Average Commute Time | 21.1 mins |
Housing & Community Metrics
| Home Ownership Rate | 73.4% |
| Median Rent | $818 |
| Rent Burdened (>30% Income) | 31.7% |
| Total Housing Units | 6,082 |
Additional Census & Housing Profile
Geographic Overview
| County | Christian |
| County FIPS | 17021 |
| Metro Area (CBSA) | Taylorville, IL |
| Combined Area (CSA) | Springfield-Jacksonville-Lincoln, IL |
| Population Density | 244.6/sq mi |
| Coordinates (lat/lng) | 39.5148, -89.2326 |
| Timezone | America/Chicago |
| National Ranking | 4 |
| Incorporated | No |
Household Structure
| Average Family Size | 3.19 |
| Dual Income Families | 48.0% |
Marital Status
| Married | 42.2% |
| Never Married | 32.1% |
| Divorced | 17.3% |
| Widowed | 8.3% |
Gender
| Male | 54.0% |
| Female | 46.0% |
Health & Poverty
| Uninsured Rate (Health) | 4.3% |
| Poverty Rate | 10.2% |
Key Population Groups
| Veterans | 9.4% |
| Disabled Population | 14.7% |
| Limited English Proficiency | 0.5% |
All ZIP Codes in Velma
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 62568 | 15,952 | $62,718 | $124,884 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Taylorville, IL | 2.8 miles | 10,646 |
| Owaneco, IL | 3.1 miles | 613 |
| Langleyville, IL | 7.5 miles | 282 |
| Stonington, IL | 8.8 miles | 655 |
| Assumption, IL | 9.9 miles | 1,205 |
| Palmer, IL | 10.1 miles | 241 |
| Kincaid, IL | 11 miles | 1,278 |
| Bulpitt, IL | 11.6 miles | 185 |
| Tovey, IL | 12.6 miles | 629 |
| Pana, IL | 12.8 miles | 5,217 |
| Edinburg, IL | 13 miles | 1,195 |
| Morrisonville, IL | 13.7 miles | 926 |
| Moweaqua, IL | 13.8 miles | 1,915 |
| Blue Mound, IL | 14.2 miles | 882 |
| Nokomis, IL | 15.1 miles | 2,147 |
| Coalton, IL | 16.3 miles | 357 |
| Tower Hill, IL | 17.1 miles | 422 |
| Oconee, IL | 17.2 miles | 193 |
| Mount Auburn, IL | 17.3 miles | 399 |
| Macon, IL | 18.5 miles | 1,047 |
| Witt, IL | 19.1 miles | 875 |
| Harvel, IL | 19.3 miles | 201 |
| Pawnee, IL | 19.5 miles | 2,738 |
| Boody, IL | 19.9 miles | 301 |
| Westervelt, IL | 20 miles | 134 |
| Mechanicsburg, IL | 21.9 miles | 728 |
| Raymond, IL | 22.7 miles | 1,030 |
| Divernon, IL | 22.8 miles | 1,164 |
| Farmersville, IL | 22.9 miles | 763 |
| Rochester, IL | 23.1 miles | 3,766 |
| Illiopolis, IL | 23.2 miles | 890 |
| Irving, IL | 23.3 miles | 355 |
| Niantic, IL | 23.7 miles | 671 |
| Shelbyville, IL | 24.2 miles | 4,351 |
| Herrick, IL | 24.3 miles | 333 |
| Waggoner, IL | 24.3 miles | 169 |
| Harristown, IL | 24.4 miles | 1,550 |
| Buffalo, IL | 25 miles | 482 |
| Findlay, IL | 25.5 miles | 674 |
| Mount Zion, IL | 26.1 miles | 5,660 |
| Ramsey, IL | 26.3 miles | 1,094 |
| Dawson, IL | 26.4 miles | 536 |
| Dalton City, IL | 26.6 miles | 694 |
| Hillsboro, IL | 26.7 miles | 5,803 |
| Chatham, IL | 26.9 miles | 14,639 |
| Cowden, IL | 27.1 miles | 534 |
| Butler, IL | 27.1 miles | 194 |
| Schram City, IL | 27.2 miles | 578 |
| Auburn, IL | 27.6 miles | 4,306 |
| Southern View, IL | 27.7 miles | 1,751 |
| Bethany, IL | 27.7 miles | 1,176 |
| Fillmore, IL | 27.7 miles | 241 |
| Riverton, IL | 28 miles | 3,513 |
| Thayer, IL | 28.1 miles | 531 |
| Decatur, IL | 28.4 miles | 80,124 |
| Springfield, IL | 28.6 miles | 157,178 |
| Virden, IL | 28.7 miles | 3,171 |
| Long Creek, IL | 28.7 miles | 1,392 |
| Grandview, IL | 29.3 miles | 1,243 |
| Spaulding, IL | 29.4 miles | 879 |
| Jerome, IL | 29.5 miles | 1,807 |
| Girard, IL | 29.7 miles | 1,743 |
| Taylor Springs, IL | 30 miles | 633 |
| Leland Grove, IL | 30.1 miles | 1,517 |
| Warrensburg, IL | 30.2 miles | 921 |
| Litchfield, IL | 30.6 miles | 6,834 |
| Coffeen, IL | 30.6 miles | 592 |
| Latham, IL | 31.5 miles | 297 |
| Standard City, IL | 31.5 miles | 182 |
| Nilwood, IL | 31.7 miles | 151 |
| Forsyth, IL | 31.8 miles | 3,502 |
| Sherman, IL | 32.5 miles | 4,386 |
| Beecher City, IL | 32.8 miles | 414 |
| Curran, IL | 33 miles | 115 |
| Sullivan, IL | 33.7 miles | 4,348 |
| LaPlace, IL | 33.8 miles | 170 |
| Mount Pulaski, IL | 34.3 miles | 1,507 |
| Windsor, IL | 34.4 miles | 877 |
| Loami, IL | 34.5 miles | 782 |
| Strasburg, IL | 34.5 miles | 507 |
| Williamsville, IL | 34.7 miles | 1,314 |
| Lovington, IL | 34.8 miles | 1,045 |
| Oreana, IL | 35.1 miles | 1,037 |
| Donnellson, IL | 35.9 miles | 129 |
| Stewardson, IL | 36.5 miles | 756 |
| Elkhart, IL | 36.7 miles | 533 |
| Cerro Gordo, IL | 37 miles | 1,349 |
| Panama, IL | 37 miles | 420 |
| Walshville, IL | 37.1 miles | 158 |
| Allenville, IL | 37.1 miles | 126 |
| Chestnut, IL | 37.3 miles | 347 |
| Cantrall, IL | 37.5 miles | 142 |
| Vandalia, IL | 37.8 miles | 5,796 |
| Carlinville, IL | 38.1 miles | 5,480 |
| Shumway, IL | 38.5 miles | 260 |
| Waverly, IL | 38.7 miles | 1,375 |
| Maroa, IL | 38.9 miles | 1,714 |
| Brownstown, IL | 38.9 miles | 722 |
| New Berlin, IL | 39.1 miles | 1,442 |
| Argenta, IL | 39.2 miles | 879 |