Living in Elk City, Oklahoma
Cost of living, income, home prices, rent and demographics of Elk City · Census data 2020–2024
Elk City has 11,361 residents with a median age of 36.4. The median household income is $51,272 (21% lower than the Oklahoma median), the median home value is $150,400, the median rent is $943/month.
Elk City at a glance
- Population
- 11,361
- Median age
- 36.4State: 37
- Median household income
- $51,272State: $65,039
- Median home value
- $150,400State: $199,800
- Median rent
- $943/moState: $1,014
- Homeowners
- 64.3%
- Bachelor's degree or higher
- 14.5%
- Average commute
- 14 min
Is Elk City a good place to live?
Pros: Home values 25% lower than the state median; an average commute of 14 minutes.
Cons: Median household income 21% lower than the Oklahoma median; unemployment of 8.4%; a poverty rate of 22.8%.
The weather is best in April–May and September–October.
Cost of living in Elk City
Housing is the biggest part of the cost of living. In Elk City the median home value is $150,400, 55% lower than the U.S. median. Renters pay a median of $943 per month, which is 30.5% of household income. Homeowners with a mortgage pay $1,172 a month in housing costs.
Elk City median household income
The median household income in Elk City is $51,272 and the income per person is $26,917. 22.8% of residents live below the poverty line (Oklahoma: 15.3%).
Housing in Elk City: homes for sale and rent
- Housing units
- 6,269
- Owner-occupied
- 64.3%
- Renter-occupied
- 35.7%
- Vacant
- 20.6%Includes seasonal homes
- Median year built
- 1978
- Average household size
- 2.26
Elk City demographics
- Population
- 11,361
- Median age
- 36.4
- Under 18
- 25.1%
- 65 and older
- 18.5%
- Households
- 4,976
- Foreign-born
- 6.2%
- Veterans
- 4.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Elk City ›
Education in Elk City
14.5% of adults 25 and older in Elk City have a bachelor's degree or higher (Oklahoma: 28.3%), and 4% have a graduate or professional degree.
Jobs and commute in Elk City
- Unemployment rate
- 8.4%State: 5%
- Average commute
- 14 minState: 22 min
- Work from home
- 1.7%
- Drive alone
- 79.3%
- Public transit
- 0.4%
- Walk to work
- 0.9%
- Homes with broadband
- 87.2%
Elk City vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Elk City | 11,361 | $51,272 | $150,400 | $943 |
| Canute | 544 | $57,813 | $99,000 | $865 |
| Carter | 210 | $65,313 | $80,000 | $1,031 |
| Sayre | 4,796 | $41,227 | $77,400 | $752 |
| Burns Flat | 1,857 | $45,446 | $106,600 | $844 |
| Foss | 170 | $46,250 | $82,800 | $1,281 |
| Hammon | 457 | $52,500 | $83,800 | $775 |
| Dill City | 333 | $42,625 | $47,500 | $626 |
| Cheyenne | 834 | $59,545 | $107,800 | $838 |
More for people moving to Elk City
Elk City ZIP code ›Weather and climate ›Living in Elk City: FAQ
What is the median household income in Elk City, OK?
The median household income in Elk City is $51,272, 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 Elk City?
The median home value in Elk City is $150,400, compared with $199,800 in Oklahoma.
How much is rent in Elk City?
The median gross rent in Elk City is $943 per month, about 30.5% of household income.
Is Elk City, OK a good place to live?
Pluses: home values 25% lower than the state median; an average commute of 14 minutes. Minuses: median household income 21% lower than the Oklahoma median; unemployment of 8.4%; a poverty rate of 22.8%.
What is the median age in Elk City?
The median age in Elk City is 36.4 years (Oklahoma: 37).
How long is the commute in Elk City?
The average commute to work in Elk City is 14 minutes; 1.7% of workers work from home.
What is the unemployment rate in Elk City?
The unemployment rate in Elk City is 8.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Elk City?
14.5% of adults in Elk City 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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