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Velma, MS
Considering a move to Velma, MS? With a small-town population of about 420, Velma offers affordable living—median home prices at $85,000 and average rents near $720. Residents enjoy a mild climate with 62% sunny days, short 24-minute commutes, and a peaceful rural lifestyle. While crime rates are moderate for the region, the area features a close-knit community, local schools, and convenient access to healthcare in nearby cities. Explore the details below to see if Velma’s relaxed pace and affordability fit your needs.
Velma, MS is a small, close-knit community of around 420 residents, with a median age of just over 39 years. The city has a predominantly White and Black population, a balanced gender ratio, and a low percentage of non-English speakers, creating a welcoming and diverse environment.
Living in Velma is highly affordable, with a median home value of $85,000 and average rent of $720 per month. The overall cost of living index is well below the national average, making it an attractive option for those seeking budget-friendly housing and daily expenses.
Velma experiences moderate crime rates for the region, with a property crime rate of about 2,200 incidents per 100,000 people and a violent crime rate of 264 per 100,000. Residents have a 1 in 45 chance of being affected by property crime, making safety an important consideration.
Velma enjoys a mild southern climate, featuring warm summers with highs near 92°F and mild winters averaging 58°F. The area receives about 57 inches of rainfall annually and boasts 62% sunny days, providing pleasant weather for outdoor activities.
The typical household in Velma earns around $41,200 annually, with a poverty rate of 22.4% and an unemployment rate just under 6%. Most residents commute about 24 minutes to work, and the community values education, with over 83% holding at least a high school diploma.
Educational opportunities in Velma include local public and private schools, such as Wayne Central School, and access to higher education at Jones College just 32 miles away. Class sizes are manageable, and families can choose between public and private options for their children.
Residents have convenient access to major medical centers like South Central Regional Medical Center and Forrest General Hospital in nearby cities. With approximately 86% insured and a physician rate of 1.5 per 1,000 people, basic healthcare needs are well-supported in the area.
Velma's housing market is affordable, with a median home price of $85,000 and about two-thirds of homes owner-occupied. Rental options are accessible with average rents of $720 for a two-bedroom, and the market is stable with a 4.1% annual appreciation rate.
Driver services for Velma residents are provided through the Mississippi Department of Public Safety in Jackson, offering licensing, registration, and other motor vehicle needs. The main office is located at 1900 East Woodrow Wilson Ave, with additional information available online.
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.
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