Living in Cole, Oklahoma

Cost of living, income, home prices, rent and demographics of Cole · Census data 2020–2024

Cole has 848 residents with a median age of 36.1. The median household income is $90,000 (38% higher than the Oklahoma median), the median home value is $235,700, the median rent is $1,125/month.

Cole is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Cole at a glance

Population
848
Median age
36.1State: 37
Median household income
$90,000State: $65,039
Median home value
$235,700State: $199,800
Median rent
$1,125/moState: $1,014
Homeowners
92.2%
Bachelor's degree or higher
33.1%
Average commute
28 min

Is Cole a good place to live?

Pros: Median household income 38% higher than the Oklahoma median; unemployment of 0.3%; a poverty rate of 11.3%.

Cons: Home values 18% higher than the state median; an average commute of 28 minutes.

The weather is best in March to May and October.

Cost of living in Cole

Housing is the biggest part of the cost of living. In Cole the median home value is $235,700, 29% lower than the U.S. median. Renters pay a median of $1,125 per month, which is 14.1% of household income. Homeowners with a mortgage pay $1,852 a month in housing costs.

Median home value

Cole$235,700
Oklahoma$199,800
United States$332,700

Median monthly rent

Cole$1,125
Oklahoma$1,014
United States$1,413

Cole median household income

The median household income in Cole is $90,000 and the income per person is $34,629. 11.3% of residents live below the poverty line (Oklahoma: 15.3%).

Median household income

Cole$90,000
Oklahoma$65,039
United States$80,734

Housing in Cole: homes for sale and rent

Housing units
295
Owner-occupied
92.2%
Renter-occupied
7.8%
Vacant
4.4%Includes seasonal homes
Median year built
2004
Average household size
3.01

Cole demographics

Population
848
Median age
36.1
Under 18
33.1%
65 and older
14%
Households
282
Foreign-born
2.7%
Veterans
9.2%Adults 18+

Race and ethnicity

White73%
Hispanic or Latino2%
Black0%
Asian0.4%

Hispanic or Latino can be of any race. Population history of Cole ›

Education in Cole

33.1% of adults 25 and older in Cole have a bachelor's degree or higher (Oklahoma: 28.3%), and 14.1% have a graduate or professional degree.

Bachelor's degree or higher

Cole33.1%
Oklahoma28.3%
United States35.7%

Jobs and commute in Cole

Unemployment rate
0.3%State: 5%
Average commute
28 minState: 22 min
Work from home
7%
Drive alone
88.2%
Public transit
0%
Walk to work
0%
Homes with broadband
92.9%

Cole vs nearby towns

TownPopulationMedian incomeHome valueRent
Cole848$90,000$235,700$1,125
Goldsby3,085$103,333$399,000$645
Washington928$90,321$241,700$2,160
Dibble1,045$71,471$186,100$1,250
Blanchard9,215$91,473$295,000$962
Middleberg218$101,284$162,800—
Newcastle13,001$93,398$271,800$1,105
Noble7,493$81,739$190,200$1,038
Purcell6,803$63,457$171,600$868

More for people moving to Cole

Cole ZIP code ›Weather and climate ›

Living in Cole: FAQ

What is the median household income in Cole, OK?

The median household income in Cole is $90,000, 38% higher than the Oklahoma median of $65,039 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Cole?

The median home value in Cole is $235,700, compared with $199,800 in Oklahoma.

How much is rent in Cole?

The median gross rent in Cole is $1,125 per month, about 14.1% of household income.

Is Cole, OK a good place to live?

Pluses: median household income 38% higher than the Oklahoma median; unemployment of 0.3%; a poverty rate of 11.3%. Minuses: home values 18% higher than the state median; an average commute of 28 minutes.

What is the median age in Cole?

The median age in Cole is 36.1 years (Oklahoma: 37).

How long is the commute in Cole?

The average commute to work in Cole is 28 minutes; 7% of workers work from home.

What is the unemployment rate in Cole?

The unemployment rate in Cole is 0.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Cole?

33.1% of adults in Cole have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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