Living in Cottonwood, Oklahoma
Cost of living, income, home prices, rent and demographics of Cottonwood · Census data 2020–2024
Cottonwood has 126 residents with a median age of 42. The median household income is $48,333 (26% lower than the Oklahoma median), the median home value is $82,700, the median rent is $582/month.
Cottonwood is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Cottonwood at a glance
- Population
- 126
- Median age
- 42State: 37
- Median household income
- $48,333State: $65,039
- Median home value
- $82,700State: $199,800
- Median rent
- $582/moState: $1,014
- Homeowners
- 73.1%
- Bachelor's degree or higher
- 10.8%
- Average commute
- 20 min
Is Cottonwood a good place to live?
Pros: Home values 59% lower than the state median; an average commute of 20 minutes.
Cons: Median household income 26% lower than the Oklahoma median; unemployment of 8.3%; a poverty rate of 24.6%.
The weather is best in April–May and September–October.
Cost of living in Cottonwood
Housing is the biggest part of the cost of living. In Cottonwood the median home value is $82,700, 75% lower than the U.S. median. Renters pay a median of $582 per month, which is 16.7% of household income. Homeowners with a mortgage pay $1,275 a month in housing costs.
Cottonwood median household income
The median household income in Cottonwood is $48,333 and the income per person is $24,067. 24.6% of residents live below the poverty line (Oklahoma: 15.3%).
Housing in Cottonwood: homes for sale and rent
- Housing units
- 64
- Owner-occupied
- 73.1%
- Renter-occupied
- 26.9%
- Vacant
- 18.8%Includes seasonal homes
- Median year built
- 1976
- Average household size
- 2.42
Cottonwood demographics
- Population
- 126
- Median age
- 42
- Under 18
- 22.2%
- 65 and older
- 19.8%
- Households
- 52
- Foreign-born
- 0%
- Veterans
- 8.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Cottonwood ›
Education in Cottonwood
10.8% of adults 25 and older in Cottonwood have a bachelor's degree or higher (Oklahoma: 28.3%), and 5.4% have a graduate or professional degree.
Jobs and commute in Cottonwood
- Unemployment rate
- 8.3%State: 5%
- Average commute
- 20 minState: 22 min
- Work from home
- 0%
- Drive alone
- 90.9%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 78.8%
Cottonwood vs nearby towns
More for people moving to Cottonwood
Cottonwood ZIP code ›Weather and climate ›Living in Cottonwood: FAQ
What is the median household income in Cottonwood, OK?
The median household income in Cottonwood is $48,333, 26% 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 Cottonwood?
The median home value in Cottonwood is $82,700, compared with $199,800 in Oklahoma.
How much is rent in Cottonwood?
The median gross rent in Cottonwood is $582 per month, about 16.7% of household income.
Is Cottonwood, OK a good place to live?
Pluses: home values 59% lower than the state median; an average commute of 20 minutes. Minuses: median household income 26% lower than the Oklahoma median; unemployment of 8.3%; a poverty rate of 24.6%.
What is the median age in Cottonwood?
The median age in Cottonwood is 42 years (Oklahoma: 37).
How long is the commute in Cottonwood?
The average commute to work in Cottonwood is 20 minutes; 0% of workers work from home.
What is the unemployment rate in Cottonwood?
The unemployment rate in Cottonwood is 8.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Cottonwood?
10.8% of adults in Cottonwood 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.
Last updated: