Basic Stats: Velda City, Missouri

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The labor pool participationThe labor pool participation rate in Velda City is 53.3%, with an unemployment rate of 9.4%. For anyone within the work force, the average commute time is 25.1 minutes. 0.9% of Velda City’s residents have a masters degree, and 8.4% have earned a bachelors degree. For people without a college degree, 43.7% have some college, 30.5% have a high school diploma, and only 16.4% have an education not as much as senior school. 9.4% are not included in medical health insurance.

The average family unit size in Velda City, MO is 3.1 residential members, with 52.2% being the owner of their own residences. The average home cost is $56847. For individuals renting, they pay on average $902 monthly. 35.2% of families have dual sources of income, and a median household income of $37986. Average income is $22093. 24.9% of town residents are living at or beneath the poverty line, and 16.6% are handicapped. 7.1% of residents are veterans associated with military.