Economy & Jobs — Velva, North Dakota
Income & Employment
| Median Household Income (Census) | $83,060 |
|---|
| Estimated 2026 | ~$92,700 |
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| Per Capita Income | $37,832 |
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| Poverty Rate | 8.2% |
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| Unemployment Rate | 1.6% |
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| In Labor Force | 506 |
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Top Industries
| Industry | Share |
|---|
| Education Healthcare | 18.6% |
| Retail | 17.6% |
| Transportation | 12.0% |
Local Businesses (County)
| Type | Count |
|---|
| Insurance Agencies | 9 |
| Auto Repair | 5 |
| Commercial Banks | 5 |
| Bars | 5 |
| Gas Stations | 3 |
| Child Day Care | 3 |
| Full Service Restaurants | 3 |
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.
