Living in Commerce, Oklahoma
Cost of living, income, home prices, rent and demographics of Commerce · Census data 2020–2024
Commerce has 2,212 residents with a median age of 32.1. The median household income is $34,817 (46% lower than the Oklahoma median), the median home value is $72,600, the median rent is $692/month.
Commerce at a glance
- Population
- 2,212
- Median age
- 32.1State: 37
- Median household income
- $34,817State: $65,039
- Median home value
- $72,600State: $199,800
- Median rent
- $692/moState: $1,014
- Homeowners
- 63.7%
- Bachelor's degree or higher
- 8.3%
- Average commute
- 16 min
Is Commerce a good place to live?
Pros: Home values 64% lower than the state median; an average commute of 16 minutes; unemployment of 3%.
Cons: Median household income 46% lower than the Oklahoma median; a poverty rate of 35.1%.
The weather is best in April–May and September–October.
Cost of living in Commerce
Housing is the biggest part of the cost of living. In Commerce the median home value is $72,600, 78% lower than the U.S. median. Renters pay a median of $692 per month, which is 31.1% of household income. Homeowners with a mortgage pay $1,029 a month in housing costs.
Commerce median household income
The median household income in Commerce is $34,817 and the income per person is $19,908. 35.1% of residents live below the poverty line (Oklahoma: 15.3%).
Housing in Commerce: homes for sale and rent
- Housing units
- 1,007
- Owner-occupied
- 63.7%
- Renter-occupied
- 36.3%
- Vacant
- 16.6%Includes seasonal homes
- Median year built
- 1962
- Average household size
- 2.56
Commerce demographics
- Population
- 2,212
- Median age
- 32.1
- Under 18
- 29.3%
- 65 and older
- 14.1%
- Households
- 840
- Foreign-born
- 8.1%
- Veterans
- 6%Adults 18+
Hispanic or Latino can be of any race. Population history of Commerce ›
Education in Commerce
8.3% of adults 25 and older in Commerce have a bachelor's degree or higher (Oklahoma: 28.3%), and 2.6% have a graduate or professional degree.
Jobs and commute in Commerce
- Unemployment rate
- 3%State: 5%
- Average commute
- 16 minState: 22 min
- Work from home
- 3.3%
- Drive alone
- 83.4%
- Public transit
- 0%
- Walk to work
- 0.5%
- Homes with broadband
- 82.3%
Commerce vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Commerce | 2,212 | $34,817 | $72,600 | $692 |
| North Miami | 268 | $45,625 | $62,300 | $1,042 |
| Miami | 12,926 | $46,410 | $107,600 | $835 |
| Quapaw | 728 | $40,000 | $72,200 | $709 |
| Dotyville | 248 | $71,250 | — | — |
| Baxter Springs | 3,855 | $51,404 | $92,900 | $754 |
| Narcissa | 167 | $68,977 | $149,200 | — |
| Peoria | 107 | $28,796 | $126,100 | $681 |
| Wyandotte | 465 | $42,500 | $78,100 | $408 |
More for people moving to Commerce
Commerce ZIP code ›Weather and climate ›Living in Commerce: FAQ
What is the median household income in Commerce, OK?
The median household income in Commerce is $34,817, 46% lower 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 Commerce?
The median home value in Commerce is $72,600, compared with $199,800 in Oklahoma.
How much is rent in Commerce?
The median gross rent in Commerce is $692 per month, about 31.1% of household income.
Is Commerce, OK a good place to live?
Pluses: home values 64% lower than the state median; an average commute of 16 minutes; unemployment of 3%. Minuses: median household income 46% lower than the Oklahoma median; a poverty rate of 35.1%.
What is the median age in Commerce?
The median age in Commerce is 32.1 years (Oklahoma: 37).
How long is the commute in Commerce?
The average commute to work in Commerce is 16 minutes; 3.3% of workers work from home.
What is the unemployment rate in Commerce?
The unemployment rate in Commerce is 3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Commerce?
8.3% of adults in Commerce 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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