Living in Eldorado, Oklahoma
Cost of living, income, home prices, rent and demographics of Eldorado · Census data 2020–2024
Eldorado has 449 residents with a median age of 27. The median household income is $51,250 (21% lower than the Oklahoma median), the median home value is $34,800, the median rent is $493/month.
Eldorado is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Eldorado at a glance
- Population
- 449
- Median age
- 27State: 37
- Median household income
- $51,250State: $65,039
- Median home value
- $34,800State: $199,800
- Median rent
- $493/moState: $1,014
- Homeowners
- 87.5%
- Bachelor's degree or higher
- 10.8%
- Average commute
- 17 min
Is Eldorado a good place to live?
Pros: Home values 83% lower than the state median; an average commute of 17 minutes; unemployment of 1.9%.
Cons: Median household income 21% lower than the Oklahoma median; a poverty rate of 32.1%.
The weather is best in March–April and October–November.
Cost of living in Eldorado
Housing is the biggest part of the cost of living. In Eldorado the median home value is $34,800, 90% lower than the U.S. median. Renters pay a median of $493 per month, which is 27.5% of household income. Homeowners with a mortgage pay $1,517 a month in housing costs.
Eldorado median household income
The median household income in Eldorado is $51,250 and the income per person is $19,486. 32.1% of residents live below the poverty line (Oklahoma: 15.3%).
Housing in Eldorado: homes for sale and rent
- Housing units
- 217
- Owner-occupied
- 87.5%
- Renter-occupied
- 12.5%
- Vacant
- 37.3%Includes seasonal homes
- Median year built
- 1963
- Average household size
- 3.30
37.3% of homes are vacant most of the year, a sign that Eldorado has many vacation and second homes.
Eldorado demographics
- Population
- 449
- Median age
- 27
- Under 18
- 22.5%
- 65 and older
- 14.7%
- Households
- 136
- Foreign-born
- 11.1%
- Veterans
- 9.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Eldorado ›
Education in Eldorado
10.8% of adults 25 and older in Eldorado have a bachelor's degree or higher (Oklahoma: 28.3%), and 1.7% have a graduate or professional degree.
Jobs and commute in Eldorado
- Unemployment rate
- 1.9%State: 5%
- Average commute
- 17 minState: 22 min
- Work from home
- 17.4%
- Drive alone
- 66.2%
- Public transit
- 0%
- Walk to work
- 1%
- Homes with broadband
- 87.5%
Eldorado vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Eldorado | 449 | $51,250 | $34,800 | $493 |
| Quanah | 2,109 | $51,161 | $71,100 | $666 |
| Olustee | 555 | $63,145 | $113,300 | $582 |
| East Duke | 313 | $67,917 | $89,400 | $1,045 |
| Chillicothe | 479 | $59,000 | $65,500 | $844 |
| Hollis | 1,664 | $38,672 | $64,000 | $736 |
| Martha | 134 | $64,375 | $107,100 | $625 |
| Altus | 18,646 | $55,295 | $152,200 | $854 |
| Blair | 585 | $49,063 | $88,900 | $772 |
More for people moving to Eldorado
Eldorado ZIP code ›Weather and climate ›Living in Eldorado: FAQ
What is the median household income in Eldorado, OK?
The median household income in Eldorado is $51,250, 21% 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 Eldorado?
The median home value in Eldorado is $34,800, compared with $199,800 in Oklahoma.
How much is rent in Eldorado?
The median gross rent in Eldorado is $493 per month, about 27.5% of household income.
Is Eldorado, OK a good place to live?
Pluses: home values 83% lower than the state median; an average commute of 17 minutes; unemployment of 1.9%. Minuses: median household income 21% lower than the Oklahoma median; a poverty rate of 32.1%.
What is the median age in Eldorado?
The median age in Eldorado is 27 years (Oklahoma: 37).
How long is the commute in Eldorado?
The average commute to work in Eldorado is 17 minutes; 17.4% of workers work from home.
What is the unemployment rate in Eldorado?
The unemployment rate in Eldorado is 1.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Eldorado?
10.8% of adults in Eldorado 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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